Tag Archive for GOOG

Smartphone Sanitizing: A Practical Guide

Smartphone Sanitizing: A Practical Guide Everybody loves to upgrade their smartphone.  Smartphones are replaced every 2 to 3 years. This love affair results in approximately 5.3 billion smartphones being discarded globally. If we lined up 5.3 billion smartphones end to end, they would stretch around the Earth approximately 120 times!  Unfortunately, most of these phones end up in landfills or incinerators instead of properly recycled. In this blog, I offer tips on wiping your data off the smartphone next time you change Android phones.

Personal data left on discarded smartphones can lead to fraudulent credit card transactions, unauthorized account access, and identity theft. Hackers can exploit this information to impersonate you or gain unauthorized access to your accounts. If you throw away your old smartphone, there’s no telling who might be able to get their hands on your hardware—and, by extension, your data. That is why you must take the following steps to wipe all of your personal data from your retired smartphone.

Who can see your personal info

Vendor software does not guarantee complete memory sanitation, and third-party products primarily focus on encryption. In any case, it’s challenging to ensure that a device has been securely “zeroed out.”

The recommended approach, although not foolproof, involves performing a factory reset on your smartphone. A factory reset will erase data and restore the device to its factory settings.

The specific steps will vary depending on the manufacturer of your device. This approach will, in all likelihood, make it extremely difficult for anyone without access to expensive, specialized hardware to recover any data that had been stored on the smartphone.

Disposing of an Android smartphone

ensure all important data is backed up.Backup your data: Before performing a factory reset on your Android phone, ensure all important data is backed up. Android 8.1 or later automatically backs up your text messages, but not your call log. To manually back up your Android:

  1. Go to “Settings.”
  2. Click “Google” > “Backup.”
  3. Tap “Back up now.”

Sync your apps with your Google account. Google apps usually sync automatically, but you can also sync them manually. Note that syncing non-Google apps requires checking individual app settings and syncing them manually.

  1. Go to “Settings.”
  2. Tap “About phone” > “Account sync.”
  3. Tap “More” > “Sync now.”

Next, back up your Google Photos:

  1. Open the Google Photos app.
  2. Sign in.
  3. Tap your profile icon in the top right corner.
  4. Tap “Settings” > “Backup.”
  5. Toggle “Backup” on.

Clean up you appsClean up your apps:

Now, delete saved passwords from your browsers and apps:

  1. Unsync them from associated accounts.
  2. Remove your SIM card and any external storage.
  3. Log out of your Google account.
    • Go to “Settings” > “Users and Accounts” and, select your account.
  1. Remove any payment cards associated with your Android phone:
    • Open the Google Play Store app.
    • Tap “Menu” > “Payment methods” > “More payment settings.”
    • Sign in to pay.google.com if needed.
    • Choose the payment method you want to remove and tap “Remove.”

Encrypt your smartphone:

Encrypt your smartphoneOnce you’ve finished cleaning up your apps, consider encrypting your phone. Encryption ensures that even if the new owner of your device tries to restore all your data, they won’t be able to access it. The steps for carrying out a factory reset vary slightly depending on the device manufacturer. These general steps should help you locate the specific options on your device.

  • Tap “Reset options.”
  • Choose “Erase all data (factory reset).”
  • Tap “Reset phone.”
  • Tap “Erase everything.” Your phone will be returned to the same state as when you purchased it.

You can then proceed with encrypting your phone.

  • Go to “Settings” > “System.”
  • Go to “Settings, Security & location.”
  • Tap “Encryption & credentials.”
  • Tap “Encrypt phone.”

Factory reset smartphone

You are almost done. The final task is to factory reset the smartphone. A factory reset will remove most of the data from your device before selling it. To perform a factory reset:

  • Go to “Reset options” > “Erase all data (factory reset).”
  • Tap “Erase everything.”

It’s important to note that a factory reset doesn’t guarantee complete data removal. While Android loses track of the data’s location, it might still be recoverable with specialized techniques. Moreover, Android Smartphones can’t overwrite this data.

Remove accounts: Lastly, make sure to remove your Google account and any other accounts linked to the device:

  1. remove any accounts linked to the deviceLog in to your Google account.
  2. Head to the “Recently Used Devices” section.
  3. Find the phone you are getting rid of, click on it, and then tap “Remove.”

Sign out of apps that store your login details, like Facebook and Gmail, and make sure they don’t retain these details.

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If the device is going to be disposed of, you should take it to an electronic recycler or donate it to an organization that can repurpose it, like the National Coalition Against Domestic Violence.

Protect your privacy by securely wiping your old smartphone before disposal. Back up data, remove accounts, encrypt, and factory reset the device. Recycle responsibly.

 

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Ralph Bach has been in IT for a while and has blogged from the Bach Seat about IT, careers, and anything else that has caught my attention since 2005. You can follow me on Facebook or Mastodon. Email the Bach Seat here.

Artificial Intelligence Firms You Should Know

Artificial Intelligence Firms You should KnowOn June 20th, 2024, artificial intelligence darling Nvidia surpassed $3 trillion in market cap. As a result, the chip maker became the most valuable company in the world, beating out Microsoft and Apple. Some are wondering if Nvidia’s current valuation is justified and sustainable. Some are arguing that we’re still just at the beginning of the Generative AI boom. However, others aren’t yet convinced that AI will deliver on the hype that tools like ChatGPT have created.

Generative artificial intelligence

In this context, Generative artificial intelligence (GenAI) refers to a trending class of machine learning applications that are able to create new data, including text, images, video, or sounds, based on a large dataset on which it has been trained. Here are some other GenAI firms that could be some alternate firms to check out if NVIDIA is too rich to buy at this level.

Artificial Intelligence vendors

Adobe

Adobe is most famous for its creative software like PhotoShop. However, the company has expanded into artificial intelligence. Adobe planned to acquire Figma in a $20 billion deal announced in September 2022. They called off the deal in December 2023 due to antitrust concerns in Europe. Adobe’s latest image generation model, Firefly 3, announced in April 2024. The model brings a new level of high-quality images and better understanding of prompts given.

  • Key Products: Adobe Sensei, Adobe Firefly, AI Assistant
  • Company value: $200.86 billion

Alphabet (Google)

Google logoGoogle and its parent company Alphabet expanded into artificial intelligence with the formation of its Google AI division in 2017. In 2023, the company announced BARD. The company designed BARD to compete with Microsoft’s integration of ChatGPT into its Bing search engine. The early release was marked by reported internal disapproval of the product. 

  • Key Products: Gemini, Vertex AI, Gemini for Google Workspace
  • Company value: $1.72 trillion

Amazon Web Services (AWS)

Amazon Web ServicesKnown for its scalable cloud infrastructure, Amazon has also thrown its virtual hat into artificial intelligence ring. Yet, the e-commerce and cloud giant finds itself playing catch-up in generative AI.

According to Business Insider’s sources, a stealth internal project code-named Metis, is it next step in AI.  “Metis” will be powered by an internal Amazon AI model called Olympus. The latter will power Remarkable Alexa, a new, more capable version of Alexa for a  monthly subscription fee

Metis will reportedly use a technique called retrieval-augmented generation (RAG), according to BI. RAG will enable Metis to retrieve information from beyond the original data used to train the underlying model. This means Metis will offer more up-to-date responses like the latest stock prices or medical reaserach, while other chatbots still produce inaccurate or outdated information.

AWS offers a suite of AI services, including GenAI models for text, speech and image processing.

  • Key Products: Amazon Bedrock, Amazon Q, Amazon CodeWhisperer, Amazon SageMaker
  • Company value: $1.79 trillion

Anthropic logoAnthropic

Anthropic announced the third generation of its Claude generative AI chatbot, which competes with OpenAI’s ChatGPT and Google’s Bard. Claude AI is a constitutional chatbot. It has been trained to make judgments based on a set of principles taken from documents including the 1948 UN Declaration and Apple’s terms of service, which expands to issues in the digital domain. Claude 2 has complex choice-making capabilities and scored 76.5% on the multiple choice section of the bar exam. While it hasn’t quite had the publicity of the big artificial intelligence chatbots it looks like Anthropic might have created a worthy competitor.

  • Key Products: Claude 3, Claude API
  • Company value: $15 billion

Cohere

Cohere logoCohere is a company which focuses on building artificial intelligence models for enterprise customers. Enterprise customers can use their own data to train their AI models, without sharing that data. Their primary focus is on creating AI systems that can: understand, generate and, interact with human language.

  • Key Products: Command, Embed, Chat, Generate, Semantic Search
  • Company value: $2.2 billion

IBM

IBM logoIBM’s Watson was the first artificial intelligence language model technology to attain global notoriety, as a result of its 2011 victory on the quiz show Jeopardy!. Watson was question-answering platform, initially developed from 2004-2011. Since then, its deep learning capabilities have been applied to a wide range of industries, including healthcare, cuisine, hospitality, water conservation, and more. IBM has continued to evolve it’s AI capabilities. In the past 5 years, IBM has filed 1,591 AI-related US patent applications. In April 2024, IBM announced its acquisition of HasiCorp. for $6.4 billion.

  • Key Products: WatsonX.ai, Code Assistant, Slate, Granite
  • Company value: $153.76 billion

Jasper

Jasper AIJasper uses artificial intelligence to help businesses write marketing content. They claim it can write the same content much faster than a human being can, in a tone of voice that customers relate to and find familiar. It helps businesses generate consistent and effective digital marketing content, from blog posts to social media updates.

  • Key Products: Jasper, Jasper API, Jasper AI Copilot
  • Company value: $1.2 billion

Meta (Facebook)

Meta logoMeta (formerly known as Facebook) has grown to where 3.14 billion people interact with one of their platform’s daily. The company is known for its social media platforms, including Facebook, Instagram, WhatsApp, and Oculus. While the company has faced criticisms harmful misinformation, polarizing political content, and data leaks.

For years, Meta has used artificial intelligence to recommend posts in our feeds, moderate content, and target ads behind the scenes in Instagram and Facebook.

  • Key Products: Meta AI, Llama 2.0, Llama 3.0 (coming soon), Seamless Communication models
  • Company value: $1.252 trillion

Microsoft largest artificial intelligence company

Microsoft logoMicrosoft has claimed to be the world’s largest artificial intelligence company. MSFT has made a $10 billion investment in OpenAI in January 2023. They then integrated ChatGPT generative AI chatbot and Dall-E image generation into the Bing search engine and Edge web browser.

  • Key Products: Microsoft Copilot, Copilot for Microsoft 365, Microsoft Copilot Studio, Microsoft Copilot in Bing
  • Company value: $3.01 trillion

Midjourney

Midjourney.comMidjourney AI specializes in creating AI-powered tools that generate realistic and imaginative images from text descriptions. It offers tiered subscriptions and allows users to monetize their AI-assisted artwork. It’s integrated into various platforms, including Discord and Microsoft Edge.

In late March 2023, Midjourney suspended free trials due to people abusing the system.

  • Key Products: Midjourney AI
  • Company value: $10 billion

NVIDIA king of artificial intelligence

NVIDIA logoNVIDIA started working on 3D graphics graphics processing units (GPUs) for multimedia and gaming companies in 1993. The company also began creating artificial intelligence applications back in 2012. Today, NVIDIA is generally considered the leader in AI technology as it is at the forefront of AI and is developing software, chips and AI-related services.The company commands 87% of the GPU market and has had a hand in major AI technology advancements, including ChatGPT, which was trained using 10,000 NVIDIA GPUs. The NVIDIA NeMO LLM’s status as one of the most advanced large language models, along with a new partnership with Microsoft, further cement its place among prominent AI companies.

  • Key Products: NVIDIA AI, NVIDIA NeMo, NVIDIA BioNeMo, NVIDIA Picasso, various chips and GPUs
  • Company value: $2.14 trillion

OpenAI sparked the artificial intelligence boom

OpenAI logoOpenAI continues to lead the GenAI space with its GPT-4 model, widely used across industries for natural language processing tasks. OpenAI’s tools are integrated into numerous applications, from customer service chatbots to creative writing assistants.

In contrast, OpenAI has famously scooped up data from everywhere to train its chatbots, like Reddit. And, when a user uploads information into OpenAI to ask ChatGPT to do a task, OpenAI uses that data to train its models for everyone’s use. Users can opt out of that, but it’s one of the reasons why companies warn their employees not to share data with OpenAI.

  • Key Products: GPT-4, ChatGPT, DALL-E 3, Sora
  • Company value: $80 billion

Stability AI

Stability.ai logoStability AI excels in creating advanced AI models, particularly the Stable Diffusion series, that generate high-quality, realistic images from text prompts. They offer models in multiple languages and for commercial use, emphasizing photorealism and complex prompt processing.

  • Key Products: Stable Diffusion XL, Stable Video Diffusion, Stable Audio, Stable Zero123

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Ralph Bach has been in IT for a while and has blogged from his Bach Seat about IT, careers and anything else that catches his attention since 2005. You can follow me on Facebook. Email the Bach Seat here.

Earth Day 2023

Earth Day 2023 Earth Day is an annual event that raises awareness and promotes action on environmental issues. It was founded in 1970 and takes place every year on April 22nd. On this occasion, many IT companies showcase their efforts to reduce their environmental impact. In this blog post, we will look at how five of the biggest tech companies in the world – Apple, Microsoft, Google, Amazon, and Facebook – are addressing their scope 1, 2 and 3 emissions. Scope 1, 2, and 3 emissions are the main sources of greenhouse gas emissions.

Earth Day 2023The classification system of Scope 1, 2, and 3 emissions was developed by the Greenhouse Gas Protocol Initiative in 1998 to help measure, manage, and reduce business greenhouse gas (GHG) emissions. Scope 1 emissions come directly from resources the companies own or control, such as furnaces or delivery vehicles. Emissions that come from the generation of purchased energy, such as electricity or heat are Scope 2. Scope 3 emissions include all other activities that take place beyond the companies’ direct operations. These include the production of packaging and devices, the use of products and services by customers, and the disposal of waste.

The Greenhouse effect

According to their latest sustainability reports, here are some of the highlights of how these tech giants are tackling their scope 1, 2, and 3 emissions:

Apple

Earth Day 2023Apple (AAPL) claims to be carbon neutral for its global corporate operations since 2020. They plan to achieve net zero carbon across its entire business, including its supply chain and products, by 2030. This means that every Apple device sold will have zero climate impact. To do this, Apple plans to reduce its emissions by 75% by 2030 and invest in nature-based solutions to remove or offset the remaining 25%.

To achieve its 2030 goal, Apple has reduced its emissions by 40% since 2015. This is largely through improvements in energy efficiency, low-carbon design, becoming carbon neutral for corporate operations, and transitioning its supply chain to renewable electricity.

Apple uses 100% renewable energy for its operations in 44 countries and has helped over 110 of its suppliers switch to clean energy sources. As part of Apple’s supplier engagement, the company is partnering with its chain to accelerate the move to carbon neutrality.

The company requires reporting on progress toward these goals — specifically Scope 1 and Scope 2 emissions reductions related to Apple production. More than 70% of Apple’s direct manufacturing chain has committed to using clean power like wind or solar for all Apple production. Major manufacturing partners — including Corning Incorporated, LG Dispaly (LGLD), Samsung (005930), STMicroelectronics (STM) and TSMC (TSM) have committed to power all Apple production with 100% renewable energy.

Microsoft

Microsoft (MSFT) announced its environmental goals in January 2020. The goals include being carbon-negative, water-positive, and zero waste by 2030. By 2050, Microsoft also intends to remove all the carbon it has ever emitted since its founding in 1975. To achieve this, Microsoft has committed to reducing its scope 1, 2, and 3 emissions by more than half by 2030.

According to its latest report, Microsoft has made progress on its environmental goals by reducing its direct emissions of direct (Scope 1) and indirect (Scope 2) GHG emissions by 17%. They have invested in renewable energy projects, procuring carbon removals, improving water efficiency and conservation, advancing circular economy practices, and supporting ecosystem restoration.

Microsoft has not been as successful in reducing its Scope 3 impact. The indirect emissions of GHG that occur in Microsoft’s value chain, increased by 23%. This increase is due to the growth of its cloud and devices businesses amid the COVID-19 pandemic. 

Google

Google (GOOG) says it has been working on sustainability since its founding in 1998. The search giant says that it became carbon neutral in 2007. However, some have questioned Google’s definition of carbon neutrality and its reliance on carbon offsets. Carbon offsets do not remove carbon from the atmosphere or prevent additional emissions.

In 2020, Google announced that it had not only reached net zero carbon for its operations but also offset all the carbon it had ever produced since its inception in 1998. Google’s next goal is to run its business on carbon-free energy 24/7 by 2030, which means that every Google service will be powered by clean sources at all times and locations.

Google does not provide historical data for its scope 1, 2, and 3 emissions. However, it does provide data for its carbon intensity and its carbon footprint. It is reported that Google’s carbon intensity decreased by 87% from 2007 to 2020, while its carbon footprint increased by 18% from 2010 to 2020. Google’s increase in carbon footprint is attributed to its business growth, data center expansion, and changes in scope 3 emissions boundaries.

Amazon

Amazon (AMZN) Amazon announced its Climate Pledge in 2019. They hope to reach net-zero carbon emissions by 2040. As part of this commitment, Amazon has set a target to power its operations with 100% renewable energy by 2025 and to reduce its scope 1 and 2 emissions by 50% by 2030.

According to Amazon’s plan, the online behemoth will reduce its environmental impact by investing in renewable energy projects, electric delivery vehicles, reforestation initiatives, and innovation funds. Despite these plans, Amazon’s carbon emissions rose by 19% during the pandemic.

Facebook

Facebook (META), now known as Meta, has set goals to reduce its environmental impact by 2030. These goals include net-zero emissions for its entire value chain by 2030. The goals are: Becoming water-positive by 2030; Eliminating single-use plastics in its operations by 2025; and advancing circular economy practices. Facebook relies on renewable energy to power its data centers and offices around the world and has reduced its energy intensity by more than 70% since 2011.

Meta does not provide historical data for its scope 1, 2, and 3 emissions. However, it does provide data for its carbon footprint and its carbon intensity. According to these data, Meta’s carbon footprint decreased by 94% from 2019 to 2020, and its carbon intensity decreased by 96% from 2018 to 2020.

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As we can see from these examples, these tech companies are taking steps to address their environmental impact scope 1, 2 and 3 emissions this Earth Day. However, there is still room for improvement and collaboration across the industry and beyond.

 

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.

Will Drone Coffee Delivery Fly?

Will Drone Coffee Delivery Fly? Sitting in the drive-thru lane waiting for your morning coffee is a thing of the past. Wing, Alphabet’s drone unit has made over 100,000 drone deliveries in Australia. As the name suggests, delivery drones are unmanned aerial vehicles (UAV) that are used to deliver packages, medical supplies, food and other goods. According to the Wing website, the drone deliveries have include more than 10,000 cups of fresh coffee.

Winging coffee

Wing logoThe Google moon-shot project began in 2014. The Wing drones are all-electric. The electric delivery system is green and quiet. Drone delivery works like any other delivery service like Uber Eats or DoorDash.

To order their coffee, the customer places their order through an app available in the Apple and Google stores. The coffee shop packages the cup of joe and attaches the order to the equipment. The drone then lifts off on its own. When it reaches its destination, the coffee is lowered down and unclipped, allowing for an entirely contactless experience. (Wing video) Customers can track their coffee drone delivery on their phones. Wing claims that it’s the quickest time from order to delivery recorded was two minutes and 47 seconds. Less time than it takes to brew your own coffee at home.

How Wing delivers coffee

Wing delivers coffeeThe Wing software analyses terrain, weather, and routing options to make its way over to the customer as efficiently as possible. TechRepublic reports the drones rely on a large number of Google backend systems. The backend system uses the vast computing power that is distributed across Google’s cloud of millions of servers, such as Google Maps, Earth and Street View to understand the location of buildings, roads, trees and other objects of interest to bring your coffee.

In the U.S., the Google spin-out became the first drone operator to win Federal Aviation Administration approval in 2019. Wing provides limited services in Virginia.

More coffee delivery services

You can also get your coffee delivered by drone in Oranmore, Ireland. The town of 8,000 on Ireland’s west coast is the site for a drone delivery trial by the Irish startup Manna. A half dozen Manna technicians run the trial, loading deliveries – that can weigh up to 2 kilograms – into a white paper bag, which is placed into a removable cargo bay inserted into the drone. The Manna drones can fly at 50 mph, the cruise at 260 feet to reach their destination. They can reach anywhere in the town within two minutes.

Coffee maker option in VW bugOnce over a delivery house, the Manna drone lowers to 80 feet before a hatch on its belly opens and the bag gently spirals to earth at the end of a thin rope. The company said it was normally doing between 30 and 100 deliveries a-day. The current delivery charge being trialed in approx. $5.

Other companies are working on coffee delivery drones. Matternet,a drone-focused logistics company tested its coffee delivery drone over Zurich, Switzerland in 2017. Back in 2014, the A Lab, an Amsterdam-based company demonstrated Coffee Copter, which relied on an app as the user interface for placing coffee orders in an office setting.

Other companies pursuing drone deliveries

McKinsey estimates that in 2022 more than 2,000 drone deliveries are occurring each day worldwide. They project almost 1.5 million deliveries in 2022.

Domino’s Pizza first delivered a Peri-Peri Chicken Pizza and a Chicken and Cranberry Pizza via it’s DomiCopter drone in New Zeeland in November 2016. Pizza Hut is testing drone delivery in Israel.

UPS HorseFlydrone delivery system

Delivery giant UPS has a unique approach to drone delivery. ZDnet reports that UPS is trialing its HorseFlydrone delivery system in rural areas. The UPS drone launches from the top of a UPS truck and autonomously delivers a package to a home. Meanwhile, the delivery driver can continue along the route to make another delivery, because the drone will autonomously return to the truck and dock itself recharging.

DHL has shut down their Parcelcopter delivery drone project. with the company referring in a recent blog post to “unrealistic hype” in the drone delivery industry. 

Amazon has recently relaunched its Prime Air drone delivery in California and Texas.

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The technology to deliver coffee by drone is here. The problem is that the FAA has banned all commercial uses of drones in the U.S. The FAA currently requires companies with exemptions, like Amazon, to have an operator with a pilot’s license keep each drone within line of sight—a mandate that makes deliveries completely uneconomical. Experts have expressed cautious optimism that the FAA, which is working on guidelines for drone deliveries, will let them fly in the U.S. – someday.

 

Would you let a drone fly over you with a cup of hot coffee?

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.

FAATMAN Stocks Keeps Getting Fatter

FAATMAN Keeps Getting FatterThanks largely to the COVID-19 pandemic that pushed even more activity online the FAATMAN companies have a collective market cap of $8.3 trillion. During that time the billionaire CEO’s of these companies became ever wealthier The FAATMAN companies are tech titans Facebook (FB), Alphabet (GOOG), Amazon (AMZN), Tesla (TSLA), Microsoft (MSFT), Apple (AAPL), and Netflix (NFLX). The FAATMAN companies generate ridiculous amounts of revenue rate per minute.

CompanyRevenue Per Minute
Amazon$ 955,517
Apple$ 848,090
Alphabet (Google)$ 433,014
Microsoft$ 327,823
Facebook$ 213,628
Tesla$ 81,766
Netflix$ 50,566
FAATMAN Revenue Per Minute hat tip to www.visualcapitalist.com

FAATMAN companies

Facebook‘s most recent quarter was a company best, generating almost $214,000 per minute or $27 billion in revenue. It hosted an average of 2.8 billion monthly-active-users on it’s platform. Over 1 of every 3 humans on Earth can be manipulated by Facebook.

Google logoAlphabet, the parent company of Google has the third largest market cap, made over $433,000 per minute. That means that Google can a  Rolls Royce Phantom is less that 2 minutes. They finished 2020 with $182 billion in revenues. Furthermore, almost 4 billion Google searches occur every single day, making it the most popular website in the world. With the revenue of  $433,000 per minute Google can purchase a Rolls Royce Phantom is less that 2 minutes.

Amazon most revenue per minute

Amazon made nearly 1 million dollars per minute. Most of this was made in the U.S. They also do very well around the world. For example, in 2020 they generated $29 billion in Germany, and $20 billion in revenues in Japan.

At this income rate Amazon can pay to send 2 people per minute on a suborbital space trip on Jeff BezosBlue Origin New Shepard rocket ship. Seats to the edge of space typically cost $500,000.

Tesla logoTesla‘s almost $82,000 of revenue per minute is being driven by the growing Electric Vehicle (EV) market. The home of Tesla and SpaceX joined the S&P 500, and along the way has made Elon Musk the richest person in the world. This kind of revenue per minute means Tesla can buy nearly two Tesla Model 3’s per minute. How we know where all their sales are coming from.

Microsoft made $327,823 per minute, making it the second largest tech titan with a market cap of $1.75 trillion. Microsoft earned over $168 billion in 2021. Office products and cloud services accounted for close to $40 billion U.S. dollars. Server products and cloud services accounted for the largest share of this revenue, with around $52.6 billion. 

In one minute Microsoft makes enough to buy a typical U.S. home. Zillow says the typical home value in the United States is $325,677 and Microsoft makes $327,823 a minute.

Apple has the largest market cap

Apple logoApple is currently the most valuable company in the world with a market cap of around $2.6 trillion. In the first quarter of financial year 2022, Apple’s revenue reached $123.95 billion. Apple takes in over S848,000 per minute. Apple is no longer just the iPhone company. in Q1 2022 iPhone brought in $71.6 billion. They have diversified their income. In Q1 of 2021, Apple’s services segment of the business made $19.5 billion in revenue.Apple Wearable, Home and Accessories made $14.7 billion in revenue. Hardware (Mac and iPad) collectively made over 18.2 billion in 2022 Q1.

Netflix has benefited from the pandemic   The streaming giant made S50,566 per minute. They wrapped up 2020 203 million subscribers. Netflix is the worst performing FAATMAN member and still made $50,566 per minute,  while the average American family income  for FY 2021 is $79,900. Netflix brings in the average American household income in less than 2 minutes.

FAATMAN Outlook

To put these numbers into perspective, the FAATMAN companies make more than the GDP of the U.K., India and France combined.

These insane incomes fueled the billionaire space race. Where billionaires spent billions to be the first into space

While the current value may appear bloated, no one can quite rule out FAATMAN getting fatter.

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.