Sunday, June 14, 2020

WORLDRETHINK: Twitter tour on June 14, 2020 - Is COVID-19 killing the tech industry?


#WR: Is COVID-19 killing the tech industry? About this subject @nytimes wrote that “The economy is reeling”. Due to this situation “many companies are retreating”. However, tech giants as Amazon, Apple, Facebook, Google and Microsoft am finding opportunities to get even bigger. #COVID19
 
 
This is the main subject of a story titled "The Economy Is Reeling. Tech Giants Spy Opportunities." written by Mike Isaac, and posted by The New York Times, on June 13, 2020.


According to the analysis of the writer, the current economy problems are beating also to small technology companies; but in the cases of the tech giants, the opportunities grow and in the end of the COVID-19 pandemic, they will have great results . 


This analysis confirms other comments and observations of the analysts of the Wall Street market. The 'exit ' of the pandemic will request more advanced technology to push the rest of the economy from the swamp and the tech giants will make the job. 

SOURCES: The New York Times, The Wall Street Journal, my own tech think tank.

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