Executive Briefing

Sorry, but Facebook, Google, and Amazon still own the world

Also: A podcast conversation with Hodinkee founder Ben Clymer. And Sweetgreen’s first beer and wine list.

In my nearly 15 years covering the technology industry, I can’t recall a time when the sentiment narrative against big tech companies has been so negative. Talk of breaking up — or at least dumping — Facebook, Google, and Amazon will surely continue through next year’s US election cycle, if not indefinitely. And regulation could someday, maybe stifle growth.

But the latest numbers are in, and all three of those companies showed this week that whatever negativity is out there, it isn’t close to causing any of their core businesses to collapse, or even show visible signs of suffering.

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Dan Frommer

Hi, I’m Dan Frommer and this is The New Consumer, a publication about how and why people spend their time and money.

I’m a longtime tech and business journalist, and I’m excited to focus my attention on how technology continues to profoundly change how things are created, experienced, bought, and sold. The New Consumer is supported entirely by your membership — join now to receive my reporting, analysis, and commentary directly in your inbox, via my twice-weekly, member-exclusive newsletter. Thanks in advance.

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