by Tyler Durden
Saturday, Jul 17, 2021 - 11:00 PM
It’s no secret that tech giants have exploded in value over the last few years, but, as Visual Capitalist s Omri Wallach notes, the scale can be hard to comprehend.
Through wide-scaling market penetration, smart diversification, and the transformation of products into services, Apple, Microsoft, Amazon, and Google have reached market capitalizations well above
$1.5 trillion.
To help us better understand these staggering numbers, a recent study at Mackeeper took the market capitalization of multiple tech giants and compared them with the annual Gross Domestic Product (GDP) of countries.
Editor’s note: While these numbers are interesting to compare, it’s worth noting that they represent different things. Market cap is the total value of shares outstanding in a publicly-traded company and gives an indication of total valuation, and GDP measures the value of all goods and services produced by a country in an entire year.
Italy and
Coke’s Influence on the Coffee vs Tea vs Soft Drinks Debate
Though the global map of caffeine preference looks regionally-specific at a glance, there are some notable business influences at play.
The proliferation of soft drinks in Latin America is largely due to the power of Coca-Cola.
Mexico, the country which preferred soft drinks the most over other drinks, is also the world’s biggest consumer of Coca-Cola per capita. Coca-Cola also reached far beyond the borders of the U.S. where it originated, becoming a staple drink in many parts of Europe, Australia, and Asia.
This power of brands extends to coffee as well. Many coffee-preferring countries actually leaned more towards instant coffee purchases over freshly brewed coffee, a mark of the lasting influence of Nestlé’s brand of instant coffee, Nescafé.
Watch: One Billion Years Of Tectonic Plate Movement In 40 Seconds
Concept of continental movement was brewing long before Plate Tectonics became a popular theory in the 60s.
Image Credit:
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According to plate tectonic theory, the Earth’s surface is made up of slabs of rock that are slowly shifting right under our feet.
Because of this constant movement, today’s Earth looks a lot different from what it did millions of years ago. In today’s animation, Visual Capitalist’s Carmen Ang looks at the Earth’s tectonic plate movement from 1 ga (geological time for 1 billion years ago) to the present-day, via EarthByte on YouTube.
Watch 1 Billion Years Of Tectonic Plate Movement In 40 Seconds zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
GUEST EDITORIAL: Startups are booming thanks to COVID
Dallas Morning News Editorial (TNS)
If you’re looking for silver linings in this pandemic-damaged economy, here’s a good one: the American entrepreneurial spirit is alive and well. In fact, COVID-19 seems to have uncovered it.
According to census data, there were 500,219 new business applications in May 2021 an increase of more than 68% year-over-year. Obviously, the pandemic caused a deep dip early in 2020, but startups have more than recouped those losses, reaching levels not seen in decades.
According to a February report by the Ewing Marion Kauffman Foundation, about 380 out of every 100,000 American adults became new entrepreneurs each month last year. That rate rose over the previous year for every demographic category: genders, ethnicities, immigrant statuses and age groups.