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The Economist (July 7)

2018/ 07/ 09 by jd in Global News

“The world’s most titanic commercial fight” is pitting “the towering giants of American and Chinese tech” against each other. It is “led by the FAANGs (Facebook, Amazon, Apple, Netflix and Google’s parent, Alphabet) on one side and the BATs (Baidu, Alibaba and Tencent) on the other.” The battle has largely stayed under the radar. “But its outcome could put third countries in one camp or the other, increasing the risk that the world eventually splits into two techno-blocs.”