FANGs’ Rivalry Heating Up

(1) FANGs eyeing each other’s turf. (2) Hey, when you’ve gotta grow, you’ve gotta grow. (3) FANGs’ rivalry hasn’t fazed investors much so far. (4) Collectively, FANGs make up a tenth of the S&P 500’s market cap. (5) Facebook’s next act: e-commerce and payments. (6) Amazon’s non-retail businesses—e.g., web services and advertising—growing faster than the core store. (7) Google elbows into video streaming à la Prime and Netflix. (8) Only Netflix is sticking to its knitting.