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Reinventing Business
The pandemic was the tipping point for many. It forced individuals and businesses into introspection and a pivot. Businesses that were already flexible in their operations did well. Not surprisingly, technology companies excelled in profits, with Apple, Amazon, Alphabet (Google), and Tencent in the top five earners (see Insider Monkey for details). Tesla was also in the top five. However, many industries experienced severe business impacts due to prolonged lockdowns and preventative measures like vaccinations and masking.