Will Trump policies hurt top Internet firms’ innovation?

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dc.contributor.author Musau, Max
dc.date.accessioned 2018-05-10T10:03:26Z
dc.date.available 2018-05-10T10:03:26Z
dc.date.issued 2017-02-13
dc.identifier.uri http://erepo.usiu.ac.ke/11732/3797
dc.description A Newspaper article by Max Musau, Laboratory Technologist in the School of Science and Technology at USIU-Africa en_US
dc.description.abstract Facebook, Amazon, Netflix and Google or FANG as they are referred to in stock market parlance after their stocks out-performed markets in 2016, thrive as the biggest Internet firms in the world. The four firms hold a combined market capitalisation of around Sh100 trillion. The valuation places FANG among the top 15 world economies based on a market capitalisation to GDP comparison. The FANG companies all use the Internet as their main medium, thus leveraging it to build business models around the network effect that users have on their products. Put simply, the network effect is a phenomenon in which a good or service becomes more valuable the more people use it. It means that the more people are on the platform, the more valuable it becomes even if the firm has yet to generate profits. Unquestionably Facebook holds the largest number of users on any social network in the world with a record of 1.4 billion monthly active users. en_US
dc.publisher Business Daily en_US
dc.subject Ideas and debate en_US
dc.title Will Trump policies hurt top Internet firms’ innovation? en_US
dc.type Article en_US

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