26-05-2018 08:00 via theguardian.com

US tech giants don’t just have your data – they are in your pension too

British pension funds are so globalised, there’s little chance of them avoiding investing in Facebook and GoogleThe population of the US, at 325 million, makes up just over 4% of the world’s total population. But its stock market, fuelled by the rise of Apple, Google, Amazon and Facebook, comprises 60% of the value of all shares traded on the planet. The Dow Jones index of Wall Street-traded companies stood at 16,000 in early 2016, but is about 25,000 now. And the Nasdaq index of tec
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