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Technology Company
A technology company (or tech company) is a company that focuses primarily on the manufacturing, support, research and development of—most commonly computing, telecommunication and consumer electronics–based—technology-intensive products and services, which include businesses relating to digital electronics, software, optics, new energy, and Internet-related services such as cloud storage and e-commerce services. '' Big Tech'' refers to the five largest technology companies in the United States, symbolized by the metonym " Silicon Valley", where they are based. Details According to '' Fortune'', , the ten largest technology companies by revenue are: Apple Inc., Samsung, Foxconn, Alphabet Inc., Microsoft, Huawei, Dell Technologies, Hitachi, IBM, and Sony. Amazon has higher revenue than Apple, but is classified by ''Fortune'' in the retail sector. The most profitable listed in 2020 are Apple Inc., Microsoft, Alphabet Inc., Intel, Meta Platforms, Samsung, and Tencent. Ap ...
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Big Tech
Big Tech, also referred to as the Tech Giants or Tech Titans, is a collective term for the largest and most influential technology companies in the world. The label draws a parallel to similar classifications in other industries, such as "Big Oil" or "Big Tobacco". In the United States, it commonly denotes the five dominant firms—Alphabet Inc., Alphabet, Amazon (company), Amazon, Apple Inc., Apple, Meta Platforms, Meta, and Microsoft—often called the "Big Five". An expanded grouping, sometimes termed the "Magnificent Seven", includes Nvidia and Tesla, Inc., Tesla. The concept of Big Tech can also extend to the major Chinese technology firms—Baidu, Alibaba Group, Alibaba, Tencent, and Xiaomi—collectively referred to as BATX. History In the late 20th century, IBM, Apple, Inc., Apple and Microsoft dominated the IT industry. After the dot-com bubble wiped out most of the Nasdaq Composite stock market index, surviving tech startup company, startups expanded their market shar ...
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Google
Google LLC (, ) is an American multinational corporation and technology company focusing on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, consumer electronics, and artificial intelligence (AI). It has been referred to as "the most powerful company in the world" by the BBC and is one of the world's List of most valuable brands, most valuable brands. Google's parent company, Alphabet Inc., is one of the five Big Tech companies alongside Amazon (company), Amazon, Apple Inc., Apple, Meta Platforms, Meta, and Microsoft. Google was founded on September 4, 1998, by American computer scientists Larry Page and Sergey Brin. Together, they own about 14% of its publicly listed shares and control 56% of its stockholder voting power through super-voting stock. The company went public company, public via an initial public offering (IPO) in 2004. In 2015, Google was reorganized as a wholly owned subsidiary of Alphabet Inc. Go ...
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Silicon Docks
Silicon Docks is a nickname for the area in Dublin, Republic of Ireland, Ireland around Grand Canal Dock, stretching to the International Financial Services Centre, Dublin, IFSC, city centre east, and city centre south near the Grand Canal (Ireland), Grand Canal. The nickname makes reference to Silicon Valley, and was adopted because of the concentration of European headquarters of high-tech companies such as Facebook, LinkedIn, Indeed, Google, Twitter, and Startup company, startups in the area. Technology firms employ about 7,000 people in the area. History In the wake of the dot-com bubble collapse from 1999 to 2001, IDA Ireland's director of operations in California, Dermot Tuohy, made moves to bring the at-the-time budding tech companies, PayPal, eBay, Overture (which would later become part of Yahoo!), and Google to Dublin. In 2002, Google executives agreed to investigate the possibility of opening operations in Dublin. They viewed the The Digital Hub, Digital Hub in the city ...
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Israel
Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Israeli-occupied territories, It occupies the Occupied Palestinian territories, Palestinian territories of the West Bank in the east and the Gaza Strip in the south-west. Israel also has a small coastline on the Red Sea at its southernmost point, and part of the Dead Sea lies along its eastern border. Status of Jerusalem, Its proclaimed capital is Jerusalem, while Tel Aviv is the country's Gush Dan, largest urban area and Economy of Israel, economic center. Israel is located in a region known as the Land of Israel, synonymous with the Palestine (region), Palestine region, the Holy Land, and Canaan. In antiquity, it was home to the Canaanite civilisation followed by the History of ancient Israel and Judah, kingdoms of Israel and Judah. Situate ...
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Silicon Wadi
Silicon Wadi (, ) is a region in Israel that serves as one of the global centres for High tech, advanced technology. It spans the Israeli coastal plain, and is cited as among the reasons why, for some, the country has become known as the world's "Start-up Nation, start-up nation" (see science and technology in Israel). The highest concentrations of high-tech industry in the region can be found around Tel Aviv, including small clusters around the cities of Ra'anana, Raʽanana, Petah Tikva, Herzliya, Netanya, Rehovot, and Ness Ziona. Additional clusters of high-tech industry can be found in Haifa and Caesarea (modern town), Caesarea. More recent high-tech establishments have been raised in cities such as Jerusalem and Beersheba, in towns such as Yokneam Illit, and in Airport City (Israel), Airport City. Israel has the third highest number of startups by region and the highest rate of startups per capita in the world. Etymology The term "Silicon Wadi" is a pun-name derived from ...
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San Francisco Bay Area
The San Francisco Bay Area, commonly known as the Bay Area, is a List of regions of California, region of California surrounding and including San Francisco Bay, and anchored by the cities of Oakland, San Francisco, and San Jose, California, San Jose. The Association of Bay Area Governments defines the Bay Area as including the nine counties that border the estuary, estuaries of San Francisco Bay, San Pablo Bay, and Suisun Bay: Alameda County, California, Alameda, Contra Costa County, California, Contra Costa, Marin County, California, Marin, Napa County, California, Napa, San Mateo County, California, San Mateo, Santa Clara County, California, Santa Clara, Solano County, California, Solano, Sonoma County, California, Sonoma, and San Francisco County, California, San Francisco. Other definitions may be either smaller or larger, and may include neighboring counties which are not officially part of the San Francisco Bay Area, such as the Central Coast (California), Central Coast c ...
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List Of Technology Centers
This is a list some of technology centers throughout the world. Government planners and business networks often incorporate "silicon" or "valley" into place names to describe their own areas as a result of the success of Silicon Valley in California. Metrics may be applied to measure qualitative differences between these places, including: * How much and to what extent public and/or private research and development (R&D) funds are spent in the zones * What percentage of local employment is technology related * If the zone is mainly government funded or is mainly corporate driven (or is it a mix of both) * If mainly corporate, how much revenue and profit and which corporations have headquarters there * If mainly corporate, how much venture capital has been made available to companies in the zone * What supporting higher educational institutions (e.g., universities or colleges) are located nearby Globally prominent clusters * Silicon Valley: Originating in Stanford University ...
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Startup Company
A startup or start-up is a company or project undertaken by an Entrepreneurship, entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to Initial public offering, go public, startups are new businesses that intend to grow large beyond the solo-founder. During the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to become successful and influential, such as unicorn (finance), unicorns.Erin Griffith (2014)Why startups fail, according to their founders, Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will do the market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate thei ...
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PricewaterhouseCoopers
PricewaterhouseCoopers, also known as PwC, is a multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Four accounting firms, along with Deloitte, EY, and KPMG. The PwC network is overseen by PricewaterhouseCoopers International Limited, an English private company limited by guarantee. PwC firms are in 140 countries, with 370,000 people. 26% of the workforce was based in the Americas, 26% in Asia, 32% in Western Europe, and 5% in Middle East and Africa. The company's global revenues were US$50.3 billion in FY 2022, of which $18.0 billion was generated by its Assurance practice, $11.6 billion by its Tax and Legal practice and $20.7 billion by its Advisory practice. The firm in its recent actual form was created in 1998 by a merger between two accounting firms: Coopers & Lybrand, and Price Waterhouse. Both firms had histories dating back to the 19th century. The ...
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Research And Development
Research and development (R&D or R+D), known in some countries as OKB, experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage of development of a potential new service or the production process. Although R&D activities may differ across businesses, the primary goal of an R&D department is to new product development, develop new products and services. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. R&D is crucial for acquiring larger shares of the market through new products. ''R&D&I'' represents R&D with innovation. Background New product design and development is often a crucial factor in the survival of a company. In a global industrial landscape that is changing fast, firms must continually revise their design and range of ...
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Nasdaq-100
The Nasdaq-100 (NDX) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It is limited to companies from a single exchange, and it does not have any financial companies. The financial companies are in a separate index, the Nasdaq Financial-100. History The Nasdaq-100 was launched on January 31, 1985, by the Nasdaq. It created two indices: the Nasdaq-100, which consists of industrial, technology, retail, telecommunication, biotechnology, health care, transportation, media and service companies, and the Nasdaq Financial-100, which consists of banking companies, insurance firms, brokerage firms, and mortgage loan companies. The base price of the index was initially set at 250, but when it closed ...
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Internet
The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks that consists of Private network, private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, Wireless network, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the interlinked hypertext documents and Web application, applications of the World Wide Web (WWW), email, electronic mail, internet telephony, streaming media and file sharing. The origins of the Internet date back to research that enabled the time-sharing of computer resources, the development of packet switching in the 1960s and the design of computer networks for data communication. The set of rules (communication protocols) to enable i ...
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