The stock market and Big Tech shares stormed back with all the major market averages surging over 2 percent. The companies will go to great lengths to assuage the politicians, and Big Tech is ready to pay big fines to settle these investigations. Big Tech will scream regulators are stifling innovation, politicians will scream Big Tech is hurting consumers. In the end, Big Tech will continue to create powerful new products, parlay their competitive advantage and very likely deliver tremendous shareholder value. It’s not just about shareholder value, or jobs, or the impact that Big Tech has on the overall growth of the U.S.economy.

Source: Forbes June 04, 2019 20:26 UTC