Article 25XRG The tech winners and losers of 2016 (hint: Facebook –and Facebook)

The tech winners and losers of 2016 (hint: Facebook –and Facebook)

by
Julia Carrie Wong in San Francisco
from on (#25XRG)

2016 was an unexpected year. Some in Silicon Valley soared, while others tanked. And some took a trip to Trump Tower

The year 2016 was supposed to be when the tech bubble finally burst. Instead the world blew up.

Amid Brexit, the election of Donald Trump, and the increasingly catastrophic consequences of climate change, the dominance of a handful of technology companies over society became increasingly obvious - from Facebook's troubling impact on democracy to Elon Musk's plan to colonize a new planet before we destroy this one.

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