FAANG
The acronym FAANG refers to the names of the five most popular tech companies in the US:
- Amazon
- Apple
- Netflix
Originally coined as a stock market term to represent the largest tech companies by market capitalization–FAANG is the latest alias colloquially used among the software/IT community to describe a collective of pretigious household-name tech companies, known for their highly competitive hiring process and their generous total monetary compensation package.
Example
Microsoft is a FAANG company based in Redmond, WA.
Further Reading
Synonyms
- Big Tech, Big Five, GAFAM, and GAFA
Abbreviation
- FAANG