The year 2020 is a never-ending roller coaster for many people, around the world. Millions have lost their jobs, businesses, and even loved ones.
Not so surprisingly, technology industry was also one of the biggest companies that get affected with the pandemic.
Compared to others, however, some of the major tech companies in the world did a successful run in 2020.
Here’s the quick rundown of the 2020 tech winners and losers.
What happened to 2020?
A lot of things happened in 2020 that no one has expected. Here are some of the winners of the year:
Amid pandemic lockdown, online video chat platforms like Skype, Google Meet, and others became a major trend and necessity for companies and businesses.
Though they’re famous, Zoom app surpassed everyone’s fame.
In the early 2020s, this app became the main video call software for almost all type of businesses. There was even a report that thousands of people prefer Zoom for any of their meetings and conferences.
Clearly, that’s a success story.
If you’re playing ‘Animal Crossing: New Horizons,’ or any Nintendo games right now; the Nintendo Switch console is the primary suspect for that.
This company has sold more than 26 million gaming consoles in the world. To top that off, ‘Animal Crossing’ was only released in March 2020.
As of record, Nintendo Switch is the fastest and best-selling console for at least 24 consecutive months now.
Maybe lockdown triggered people’s need for entertainment, and gaming.
The downside of 2020
The year 2020 has surely made a lot of tech companies, successful as ever. However, in line with this, couple of downside issues were also seen on each company. Here are few examples.
Social Media election labels
Social media has been one of the most important things to do amid lockdown. But, thanks to various social media election labels, the scrolling on feed may be found quite distasteful to some people.
During the US elections 2020, platforms like Facebook and Twitter were the first ones to put ‘labels’ in almost all sensitive posts about politics.
Even President Donald Trump and other government officials were muted by these platforms, in order to protect the users’ information dissemination.
Some don’t like it, others loved it.
Ride-hailing apps like Uber or Lyft were just two of the major companies that went bearish over the pandemic issue.
Due to government regulations of keeping citizens’ 6-feet-away from each other, sharing or even riding a cab cannot be a good idea.
Over 3,000 drivers lose their jobs due to this incident.
US TikTok ban
The most controversial yet biggest issue in the tech world is the US TikTok ban. Millions of Americans were using this Chinese video-sharing app, when suddenly, the federal government decided to put a stop in this platform.
President Trump initially implied that TikTok can steal information from its users, and sell it to Chinese government.
As of now, the case of ByteDance (TikTok developer) versus US is still ongoing.
Which of these events are you most interested with?