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The big Silicon ValleyTech Companies had a hugely successful 2020, prompting more questions about their overwhelming dominance in financial and business terms. From san francisco, James Clayton reports. There have been winners and losers from this pandemic, and some of the biggest winners are also some of the Richest Companies in the world, based around san francisco. Take here at apple, last week, the Company Posted record Quarterly Sales of more than £80 billion. At that rate, during this 2. 5 minute news report, apple will have done 1. 5 million worth of sales. Big tech has had an astonishingly profitable pandemic. We all turned to technology more ....
The tech giants in the us are dominating the business agenda today. Jeff bezos is stepping down as amazons Chief Executive. The Online Retail giants founder will move to become the compa ny s executive chairman. He will be replaced as ceo by andy jassy, the current boss of amazons Cloud Computing business. And this comes as the firm reported 386 billion in sales in 2020, thats up 38 on the year before. Their profits almost doubled, rising to 21. 3 billion. So whats been the reaction to the news bezos is stepping to the side, and what do we know about the new boss . Duncan howe is e commerce strategist at cheil uk, which is a Digital Marketing and advertising agency. Duncan, welcome to the programme. Executive chair man still means he will have a lot of control a ....