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A comment on Bloomberg bankrolls a social-media army. Parent comment

Re:Bloomberg bankrolls a social-media army by throwlaplace on Wednesday February 19, 2020 @02:46PM (#22369279)
but those companies themselves hoard money so what's the difference?

https://www.cnbc.com/2020/01/28/apple-q1-2019-cash-hoard-her...

https://www.cnbc.com/2019/11/07/microsoft-apple-and-alphabet...

edit: why did i get downvoted?

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Re:Bloomberg bankrolls a social-media army by pb7 on Wednesday February 19, 2020 @02:53PM (#22369357)
Even “cash” held by individual companies is not actually cash in a bank. It, too, is invested in marketable securities. Holding cash is an incredibly foolish move due to inflation.
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