Big Tobacco in the context of "Big Tech"

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👉 Big Tobacco in the context of Big Tech

Big Tech, also referred to as the tech giants or tech titans, is a collective term for the largest and most influential technology companies in the world. It commonly denotes the five dominant firms in the U.S. technology industry—Microsoft, Apple, Alphabet (Google), Amazon, and Meta (Facebook)—which are also the largest companies in the world by market capitalization. Other companies sometimes included in the grouping include Nvidia, Tesla, Oracle, and Netflix.

The label draws a parallel to similar classifications in other industries, such as Big Oil, Big Soda, or Big Tobacco. The concept of Big Tech can also extend to the major Chinese technology firms—Baidu, Alibaba, Tencent, and Xiaomi—collectively referred to as BATX.

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Big Tobacco in the context of Japan Tobacco

Japan Tobacco Inc. (日本たばこ産業株式会社, Nihon Tabako Sangyō kabushiki gaisha) (JT) is a Japanese diversified tobacco company and parent company to Japan Tobacco International, one of the three largest international Big Tobacco product manufacturers in the world. It was established in 1985 as a tokushu gaisha (特殊会社; lit. "special company") that inherited the right to monopolize and manufacture cigarettes from the Japan Tobacco and Salt Public Corporation and required the government to hold at least 50% of its shares. In addition to tobacco, JT diversified its businesses, establishing the pharmaceutical research institute in 1993 and making a full-scale entry into the food and beverage industry in 1998. In 2008, it acquired the food manufacturer Katokichi, now TableMark, as a wholly owned subsidiary, integrating its food business.

It is part of the Nikkei 225 and TOPIX Large70 indices. In 2009, the company was listed at number 312 on the Fortune 500 list. The company is headquartered in Toranomon, Minato, Tokyo, and Japan Tobacco International's headquarters are in Geneva, Switzerland, and Raleigh, North Carolina. As of 2012 the chairman is Hiroshi Kimura and the CEO is Mitsuomi Koizumi.

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