Apple Inc. continues to bite the biggest chunk out of the US$6.67 trillion TechMutineer universe, our ranking of the most valuable tech companies impacting the media, entertainment and creative (MEC) sectors.
The 2019 list, as illustrated in the chart below, comes shortly after the most recent quarterly results in the companies’ current financial year and in the aftermath of a turbulent 2018 for the tech titans.
Woe was tech
Remember last year? **Google was fined (again) €4.3bn (US$4.8bn) by the European Commission for abusing its dominant position with Android, its smartphone operating system. It is the biggest EU fine imposed on a company. **Music and other rights owners accused Google subsidiary YouTube of not doing enough to protect their intellectual properties online. **Facebook Inc. was dogged by numerous scandals, including breaching the privacy of millions whose data was illegally shared by a third party; and an outage took down Facebook for hours, annoying advertisers paying billions for its reliability. **Google employees protested against the company’s move to work on questionable uses of Artificial Intelligence (AI) with the Chinese government and US military. **Workers went on strike to complain about working conditions at Amazon Inc.