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Move Over, GE. The Tech Conglomerates Are the New Leaders of Industry.

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

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Amazon, Microsoft and other Big Tech players aim to prove that the conglomerate is alive and well despite GE’s breakup plans.

As General Electric and other old-school behemoths break up, Amazon, Apple, Alphabet, Microsoft and Meta are taking their place as the do-everything companies of the future

Corporate titans General Electric and Johnson & Johnson both announced that they are splitting, two of the latest in a long string of conglomerate break ups. Here’s why big businesses divide and what it could mean for investors. Photo illustration: Tammy Lian/WSJ

 

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this is terrible news

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