Why Are Tech Companies Trying To Be Everything Platforms
“This combination of powers is called ‘platform power.’” The model has been there for quite some time, however, the rapid accentuation of the internet in the past couple of years has increased the global reach of consumers and suppliers, creating extreme network effects," Jeroen van Gils, managing director at tech company Lifi.co, told Lifewire via email. FOMO For a service like Facebook, the Fear of Missing Out makes sense. Its business depends on engagement....