Big Tech

Big Tech, also known as the tech giants or tech titans, are the largest and most powerful technology companies in the world. It most commonly refers to the five dominant companies in the U.S. technology industry— Microsoft, Apple, Alphabet (Google), Amazon, and Meta (Facebook) —which are also some of the largest companies in the world by market capitalization, making up about a quarter of the S&P 500. Other large technology companies, such as Netflix, Nvidia, Tesla, and SpaceX, are sometimes included but usually referred to separately. The term Big Tech is similar to terms for other powerful industries, such as Big Media, Big Oil, Big Pharma, and Big Tobacco. Careers in Big Tech, particularly in technical fields such as software engineering and product management, are considered highly competitive.

Big Tech, also known as the tech giants or tech titans, are the largest and most powerful technology companies in the world. It most commonly refers to the five dominant companies in the U.S. technology industry— Microsoft, Apple, Alphabet (Google), Amazon, and Meta (Facebook) —which are also some of the largest companies in the world by market capitalization, making up about a quarter of the S&P 500. Other large technology companies, such as Netflix, Nvidia, Tesla, and SpaceX, are sometimes included but usually referred to separately. The term Big Tech is similar to terms for other powerful industries, such as Big Media, Big Oil, Big Pharma, and Big Tobacco. Careers in Big Tech, particularly in technical fields such as software engineering and product management, are considered highly competitive. === Acronyms === Acronyms including FANG, FAANG, GAFA, GAFAM, MAGA, and MAMAA have been used to refer to Big Tech companies. Alphabet (formerly Google) may be represented by G, and Meta (formerly Facebook), may be represented by F. In 2026, due to the AI boom, Jim Cramer referred to Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX as MANGOS. Jim Cramer coined the acronym FANG in 2013, referring to Facebook, Amazon, Netflix, and Google. Cramer called them "totally dominant in their markets." Cramer stated that the four companies were poised to "take a bite out of" the declining market, giving a double meaning to the acronym, according to Cramer's colleague at RealMoney.com, Bob Lang. Cramer expanded FANG to FAANG in 2017, adding Apple to the list because its revenue made it a potential Fortune 500 company. Following Facebook's name change to Meta Platforms in October 2021, as well as the 2015 creation of Google holding company Alphabet, Cramer suggested replacing FAANG with MAMAA, replacing Netflix with Microsoft because Netflix's valuation had fallen behind the other companies. With Microsoft, these companies were each valued at over compared to Netflix's . In November 2021, The Motley Fool suggested MANAMANA (a reference to the 1968 song "Mah Nà Mah Nà") as an acronym for Microsoft, Apple, Netflix, Alphabet, Meta, Amazon, Nvidia, and Adobe. Internationally, Baidu, Alibaba, Tencent, and Xiaomi, collectively referred to as BATX, are considered Chinese competitors to Big Tech. In 2019, Amy Webb referred to the Big Five, IBM, Alibaba, Baidu, and Tencent as G-MAFIA BAT. ===Privacy concerns=== In September 2024, the Federal Trade Commission (FTC) released a report summarizing company responses from Amazon, Facebook, YouTube, Twitter, Snap, ByteDance, Discord, Reddit, and WhatsApp to orders made by the agency pursuant to Section 6(b) of the Federal Trade Commission Act of 1914¹ to provide information about user and non-user data collection (including of children and teenagers) and data use by the companies that found that the user and non-user data practices of the companies made users and non-users vulnerable to identity theft, stalking, unlawful discrimination, emotional distress and mental health issues, social stigma, and reputational harm. Based upon the report's findings, the FTC concluded that industry self-regulation had failed and recommended that Congress pass a comprehensive data privacy law. ===Human rights=== In September 2025, the AP reported that U.S. companies have developed technology for mass surveillance, Internet censorship, and human rights abuses in China through partnerships with Chinese law enforcement, the Chinese military, and Chinese-owned defense contractors. The companies identified by the investigation stated that they were compliant with all applicable laws. ===Further reading===

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