MSCI 2130 Chapter Notes - Chapter 1: Sergey Brin, Kevin Systrom, David Filo

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Document Summary

Apple has posted several of the most profitable quarters of any firm in any industry. The smartphone and app store are the modern accelerant of business growth. Firms are harnessing social media for: new product ideas, millions in sales, building trust with customers billions in ways that are both empowering the poor and poisoning the planet. Moore"s law has thrust computing and telecommunications into the hands of. India"s tech sector has grown from almost nothing to a billion industry. China has more internet users than any other country. Smartphones are used by 2 billion people worldwide. Internet of things low-cost sensors, processors, and communication and embedded into a wide array of products and our environment, allowing a vast network to collect data, analyze input, and automatically coordinate collective action. Cloud computing and software as a service are turning sophisticated, high- powered computing into a utility available even to the smallest businesses and non-profits.

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