Related: My European bank will ask if I actually need the plastic physical card, and unless I do, they'll just issue a virtual card to load into my phone/smartwatch.
There are a lot of projects that were handed to Apache to manage. Kafka for example was initially created by LinkedIn. So yeah, you are right, big corps are actually creating those tools, and in addition to this, giving it away as open source to public.
It's a neat trick: it emphasizes that they are amoral companies required to do nothing but make money, and simultaneously that they're only companies like the thousands of other gyrating tickers on the stock market. This same author frequently uses the term "Microsoft Github".