MAAMA: Uday Kotak's interesting take on new acronym for the 5 largest tech giant

Uday Kotak, MD and CEO, Kotak Mahindra Bank. (Mint)Premium
Uday Kotak, MD and CEO, Kotak Mahindra Bank. (Mint)
1 min read . Updated: 24 Jan 2022, 09:49 AM IST Livemint

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Uday Kotak's interesting take on new acronym for the five largest US tech giants Microsoft, Apple, Alphabet, Meta, Amazon.

Here's Uday Kotak's take on new acronym for the 5 largest tech giants

He tweeted,"The Economist gives new name to big 5 tech giants, MAAMA:Microsoft, Apple, Alphabet, Meta, Amazon. Anyone who understands colloquial Hindi knows there are 2 meanings of word “maama". Wonder which meaning if any, is relevant here.वोह हमारे मामा है।या हम मामा बनेंगे!."

 

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The term ‘MAMAA’was coined by Jim Cramer who earlier coined the term ‘FAANG’ which was for Facebook, and Netflix, however in the new acronym, Netflix has been replaced with Microsoft and also Facebook with Meta, after the social media giant decided to rebrand it self.

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