The rise of Big Tech may just be starting
Farhad Manjoo writes: The stock market has lately soured on the technology industry. Stock prices of many of the largest companies are down this year, some slightly — shares of Apple and Google have fallen more than 6 percent — and some stupendously: Facebook’s parent company, Meta, and Netflix have lost about a third of their value since the New Year. Because surging tech stocks drove a big part of the stock market’s rise in 2021, their decline has contributed…