Alphabet Loses $859M on 'Moonshots' in 2Q 2016

Re:Alphabet Loses $859M on 'Moonshots' in 2Q 2016 by unfortunateface on Friday July 29, 2016 @03:02AM (#12185375)

I am encouraged by this advertising companies attempts at designing cars.

The moonshot program seems to me to be either Google cementing it's position forever in the knowledge economy or a desperate scrabble for another hit.

If the latter is true, then I have hope for the future. It means that the giants - Google (+ Youtube), Amazon, Facebook - can fall. They are not on as strong a footing as it seems.

All it takes is...

- One generation of kids to decide to eschew Facebook (or any product it buys)

- Ad revenue declining or another viable internet business model to rise up and replace it

- More efficient / free marketplaces

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Re:Alphabet Loses $859M on 'Moonshots' in 2Q 2016 by duckmysick on Friday July 29, 2016 @03:13AM (#12185406)

How is Amazon being mentioned in the same line as Google and Facebook? They don't rely as much on the ad revenue as the other two.

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Re:Alphabet Loses $859M on 'Moonshots' in 2Q 2016 by unfortunateface on Friday July 29, 2016 @08:33AM (#12186377)

Each line of those bulletpoints was for a different company facebook, google then amazon

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