U.S. FAAMG coronavirus relief pledges 2020

The global coronavirus epidemic has impacted businesses worldwide and governments and NGOs have been launching economic stimulus packages in order to combat economic collapse. As many businesses and social aspects of daily life shift towards digital communications, big tech companies are actually set to profit from increased usage. As of April 2020, the highly influential "FAAMG" tech companies, Facebook, Amazon, Apple, Microsoft, and Alphabet (Google), have pledged a total of 1.25 billion U.S. dollars in support of various entities. In total, Alphabet pledged 575 million U.S. dollars worth of Google ad credits, NGO investment funds, and cash grants towards small businesses, making it the most substantial contribution among the Big Five.

Financial contributions made by FAAMG in response to the coronavirus pandemic as of April 2020, by category (in million U.S. dollars)

Characteristic	Alphabet	Facebook	Amazon	Microsoft	Apple
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-

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Release date

April 2020

More information

Region

Worldwide

Survey time period

April 12, 2020

Supplementary notes

“FAAMG” Five = Facebook, Amazon, Apple, Microsoft, and Alphabet (Google)

The source defined the spending categories as follows:
- Small businesses: Grants and ad credits
- Media/News: Fact-checking and grants for local news
- Healthcare: COVID-19 research and frontline support
- Relief Efforts: Public safety and non-profit donations

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