Enrique Dans
Published in

Enrique Dans

This is no blip: things are going to get very real for Big Tech

IMAGE: A bar graph with the last bar tumbling and an arrow pointing downwards
IMAGE: Mediamodifier — Pixabay

On Monday, the Dow Jones index plunged 600 points, with the S&P 500 falling below 4,000, its lowest levels in over a year. In just three trading days, Big Tech has lost a total of $1 trillion.

In some cases, like Meta or Netflix, these falls follow previous sharp declines based on their lack of growth, although in the case of the latter this is largely…

--

--

--

On the effects of technology and innovation on people, companies and society (writing in Spanish at enriquedans.com since 2003)

Recommended from Medium

Before we go into winter, first a few hot stories on banking!

Watch a Rimac Nevera prototype get thrashed in the dirt by the company’s CEO

Rimac Nevera gets dirty

5 Tips to Bounce Back your Business from COVID-19

AMA #1 — Milk Serums, LBAC, and Next Steps

Find your Why. Save the world.

Elon Musk sold around $8.4 billion worth of Tesla shares this week as he moved to buy Twitter

Interview: Why pay USD 100 for an insurance policy that you can buy for USD 10?

Everything You Need to Know About How to Buy Wholesale

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Enrique Dans

Enrique Dans

Professor of Innovation at IE Business School and blogger at enriquedans.com

More from Medium

The US Will Lose Its World Reserve Currency Status

Over $60,000 Down and Still Buying

How to Block All Ads, Reclaim Your Privacy, and Fight the Algorithms That Rule the Internet

A collage of spammy internet ads