Technology is a sector classification, but for any other company in other sectors, they likely have a business unit called Technology, with a c-suite position called chief technology officer, with developers who hold computer science degrees (just like at Google! No wai?! Yes wai!)

MasterCard is also a tech SPDR holding, for… reasons?

And finally, Netflix is a tech company with a film studio, but Disney is a film studio with a technology application, and I can’t meaningfully disambiguate why someone who works on Netflix code is in technology and a Disney+ developer is not.