Who Stops JAVA Companies, Op-ed

The loses of some are only the benefits of others.. This is what can be said on some giant companies whose budgets sometimes, surpass states’. Apple inc., for instance, became the first listed company whose market value worth $ 2 billions, as a result of the repercussions of coronavirus pandemic.

The company share reaches $467.02, while it was already the first giant company whose market value got estimated at $1 trillion, two and half years ago.

With this historical achievement, we cannot forget that one of Amazon, Microsoft and Google, and all of those had their market value surpassing $ 1 trillion also, and those four companies are the most important in the United States and the whole world. They known as Java.

These companies control the way most of continents people are connecting but also control the way they learn, work and shop. Amazon, for instance, has 150 million subscribers. It has million employees across the globe.

3 million people had Facebook application, through which that company controls quarter of the electronic advertising market, while Google is used for 90% of the searching processes on the internet.

The profits of some of technological companies have increased due to over demand of their services and products which are always there at the clients, apple, however, has surpassed its competents in terms of products selling, as well as new applications, and services which got improved during the pandemic, especially when people got to work from homes under social distancing rules.

Among the products where were best sold, the smart phone which was backed by news iphone IS, ipads and macbooks, to respond to distant learning and working needs.

Services accounted for more than a fifth of Apple's revenue, with expanding music, digital payments and streaming sectors boosting Apple Store revenues. And Apple is leading the smartwatch market, amid increasing interest in health and fitness applications.

Also, one of the main factors for Apple's success is related to the leadership of Mr. Cook, who took over the management of the group before the death of Steve Jobs in 2011 ... This man is not one of the founders of Apple, but he succeeded in bringing the company to safe shores. His salary of $ 3 million in 2019 plus bonuses of $ 7.6 million is modest by Silicon Valley standards and those familiar with the salaries of managers and innovators in the group. But the rise in the value of his shares brought him into the billionaire club, for the first time ...

The US House of Representatives recently had a historic hearing based on various accusations made by Democratic and Republican members against the practices of the four major technology companies. And after investigations conducted by the Department of Justice that lasted for more than a year about the policies of these monopolistic companies at the request of the Antitrust Committee of the Judicial Committee in the House of Representatives.

The investigations examined 1.3 million documents which took hundreds of hours of secret hearings and briefings. In this unprecedented realistic film before the House Judiciary Committee, Tim Cook from Apple, Jeff Bezos from Amazon, Mark Zuckerberg from Facebook, and Sundar Pichai from Google participated in the session that was watched by millions around the world.

In fact, the Congress session was dedicated to discussing the issues of profiting from the Coronavirus and the monopoly practiced by major technology companies; But as far as I know, nothing came of this hearing. The heads of companies answered the questions intelligently, just as they all adopted patriotic rhetoric by saying that their companies are American companies with distinction and are part of the American experience that sanctifies success, innovation, expansion and growth.

They also unanimously agreed not to let China outperform America, and that their companies create hundreds of thousands of jobs inside the United States and millions of jobs outside it .... nothing can come out of such sessions, neither in the present nor in the future, because these companies are globalization by themselves.

There is no family today in metropolitan areas and valleys and in all parts of the world that does not use one of its products, and it is the one that sets the rules and formulates them the way they want ....