Big Tech booms even as lockdown living wanes

Big Tech from Facebook to Amazon were among the big winners during the ongoing pandemic, though analyst predict that growth will continue well beyond. — REUTERS

Big Tech goliaths like Facebook and Amazon unveiled whopping profits this week, showing their dominance in lockdown lifestyles is on course to grow well beyond the pandemic.

"Tech wins the day, the week, and seemingly the year," Futurum Research analysts said of the surging revenues, driven by digital advertising, cloud computing, gaming and booming use of smartphones and e-commerce.