this post was submitted on 26 Jul 2023
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By your definition, banks and credit card companies are technology companies. Visa has three times as many users and countless more database transactions than Twitter. The finance sector develops and uses algorithms - Fico scores being a notable one. Tons of people use technology. Twitter isn't even notable for it's usage of technology. Tons of companies, including Visa, have more impressive and expansive use of the same things twitter uses. A company is a tech company if it develops and sells technology, not if it uses it.
Yes they are. Mifare, NFC, and many other technologies exist to facilitate banking. So they indeed have technology R&D departments and are partially in technology. They develop and maintain technology. Idk what to tell you but tech is everywhere now. Everyone develops it. Welcome to the 2000s.
Edit: and dont tell me the platform that became the de facto news source for so many wasn't even notable lol it basically became a primary source for a significant amount of the global population.