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Will Trump policies hurt top Internet firms’ innovation?

Customers use computers at an Internet cafe: Facebook has the largest number of social media clients at 1.4 billion monthly active users. PHOTO | AFP

Facebook, Amazon, Netflix and Google or FANG as they are referred to in stock market parlance after their stocks out-performed markets in 2016, thrive as the biggest Internet firms in the world.

The four firms hold a combined market capitalisation of around Sh100 trillion. The valuation places FANG among the top 15 world economies based on a market capitalisation to GDP comparison.

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