Financial techlash

When 2018 started, not many analysers had realised that the “sentiment” around the I.T. industry was changing.
By the time the year ended, what happened was before everyone’s eyes:

  • Amazon went under scrutiny for the workforce treatment,
  • Facebook was investigated for the mess surrounding many recent elections, fake news and privacy invasion,
  • Google was criticised from multiple angles, from sexual misconduct, to cooperating with dictatorships, to links with controversial technological projects

While some of these points weren’t entirely new, they reached a new magnitude.
Under the changed climate, Apple, Amazon, Facebook, Netflix all suffered losses between 25% and 50% of their respective stock value. 

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