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I think it works. Just think of it as a family with a troublemaker kid.

MAAA! THEY'RE DOIN STUPID STUFF AGAIN AND THEY WON'T LET ME USE MY COMPUTER!

As someone outside of the tech industry - Big Tech tends to be the term I use the most and is mostly understood by everyone.

You don't hear "Alphabet" a lot. MAGMA works

FAANG simply reflects what those companies are actually called. Most people don't say "Meta", they say "Facebook". And Google is still Google, they never changed names (they invented a parent company but still kept the name).

MAAAM or MAMAA