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The disrupters could get disrupted

Five trends point to the end of the fabulous ride enjoyed by Facebook, Amazon, Netflix and Google.

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The US government is asking hard questions about Facebook and Google's roles in selling advertising and allowing 'fake news' to proliferate. This is but one of a number of signs that such companies are attracting greater scrutiny from regulators after a good run in which they enjoyed phenomenal growth, earnings and cash generation.

FOUR mega-cap tech companies are so powerful and high-performing that Wall Street has a collective name for them - the FANG stocks, namely Facebook, Amazon, Netflix and Google.

These four firms alone have turbo-charged US stock market returns in recent years, reaching more than US$1.7

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