Top 5 Money & Tech News of 2020

According to media and specialized agencies, these were the information, among them the antitrust accusations against big technology, the rise of videoconferencing platforms and space missions stand out.

The Colombian media Dinero presented this compilation.

Top Tech News of 2020:

1. Big Tech vs. Antitrust Accusations

Authorities blame the social network for abusing its large acquisitions in order to neutralize the competition

During the year, companies like Google, Facebook, Apple, and Amazon had to face investigations, hearings, and lawsuits for alleged monopoly practices.

The most recent lawsuit against Facebook seeks, among other measures, to force the company to resell Instagram and WhatsApp, applications purchased in 2012 and 2014.

The pressure of the authorities in the United States against Google does not stop either, as the company has three processes underway for anti-competition practices.

2. The rise of video conferencing platforms

El plan de seguridad permitirá prevenir algunos de los principales problemas que sufrían los usuarios

Platforms such as Zoom, Microsoft Teams or Google Meet registered a historical increase in users in the framework of the pandemic. Zoom went from 10 million daily videoconferences in 2019 to 300 million daily participants this year, in addition to multiplying its earnings by 43 in the first half of 2020, compared to last year.

Microsoft Teams, another of the main platforms, reached 115 million active users every day, double the number registered before the situation.

3. The rise of electronic commerce

 

11.588 millones de dólares fue el beneficio que el gigante del comercio electrónico logró facturar en el 2019

According to studies, more than 2.050 million people in the world currently shop online and 2020 is expected to close with global online sales close to US $ 4.2 billion.

In Latin America, for example, sales are expected to exceed US $ 82,000 million, a figure that would triple that registered in the last five years. Mercado Libre, an electronic commerce company, this year became the most valuable company in the region with a valuation of US $ 59,352 million.

4. The most valuable companies on the planet

The CEO of Coinbase Inc, Brian Armstrong indicated through his Twitter account that Apple's decision harms applications related to cryptocurrencies

Tech companies like Apple and Tesla posted remarkable growth and hit records on Wall Street. Apple became the most valuable company in the world after achieving a historic increase in the value of its shares and accumulating a total valuation of US $ 1.84 trillion.

For its part, electric vehicle maker Tesla reached a market capitalization of more than $ 600 billion for the first time in its history.

5. The year of space missions

SpaceX completed its first manned trip to space this year, in a private spacecraft bound for the International Space Station (ISS). For its part, NASA launched a special mission that will take a robotic exploration vehicle to Mars to analyze in detail the molecular composition of the red planet.

Meanwhile, China announced on December 17 that it has brought samples from the Moon to Earth, in what is the first mission of its kind in more than 40 years.

G. Febres

Source: Taken and with information from Dinero (Colombia) as well as different agencies

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