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Ten years ago, banks and energy companies dominated the top ten. China Mobile says it has the world's largest mobile network and the biggest mobile customer base.
It is the leading telecommunications services provider in mainland China and in the Hong Kong Special Administrative Region. GE is the only company listed in the Dow Jones Industrial Index that was also included in the original index in One of the larger companies on the list, Johnson and Johnson is a multinational manufacturer of pharmaceutical goods. Facebook was founded in after a college experiment.
In September it had 1. Amazon has enjoyed a meteoric rise since it was founded in a garage in It started as an online bookshop, but now delivers everything from tea bags to shoes. The company was formed in when two giants, Exxon and Mobil, merged their businesses. The largest company on the list not involved in technology has its origins as far back as as a textile company. It is now a holding company with interests a wide variety of sectors including utilities, railroads and insurance companies.
It is part owned by well-known investor Warren Buffet. Microsoft was officially founded in , a year earlier than Apple.
Alphabet, founded in by the same people who started Google, is a collection of companies with interests in many sectors including medical research and wearable technology. In , however, it had to contend with falling sales of the iPhone. Globalization is largely responsible for companies being able to grow to such a size. But does bigger mean better?
On the plus side, companies with this kind of reach can transform our lives. Smartphones made by Apple and other tech companies are now central to our lives. Many of these large companies are investing heavily in research that could help us improve our lives, such as products that keep us healthy.
Many of the services they provide Facebook and the search engine Google, for example are free to use. They also invest in solutions to problems all over the world. Facebook's Aquila aims to provide internet access to millions, while Johnson and Johnson poured millions into helping formulate the Ebola vaccine.
It also supported health-worker training on infection control and prevention in African countries where Ebola was prevalent. On the negative side, large multinational corporations have generated negative headlines in relation to their tax-reduction strategies. Alex Gray , Formative Content. The views expressed in this article are those of the author alone and not the World Economic Forum.
Media, Entertainment and Information View all. Disney leads the charge as traditional TV networks muscle in on streaming territory Adam Jezard 29 Mar It has been a landmark year for signed languages in film.