Re:Google suffers from a digital petro curse
by bryanlarsen on Monday March 08, 2021 @10:06AM
(#26386498)
YouTube was a $15B business in 2019. Given that Google pays Firefox about $400M for search engine priority for its 4% market share, owning Chrome saves Google about $6B a year in payments for its 60% share. I bet that both maps and google apps for business (of which email is a core piece) are also quite profitable, depending on how cost accounting is done.
Why do you say they are in a "pretty rough spot"?
Re:Google suffers from a digital petro curse
by throwawayzRUU6f on Monday March 08, 2021 @11:00AM
(#26387075)
Also, Waymo became untouchable. A lot of Google's valuation rests on pixie dust promises of transformative potential of future AI. Admitting that it won't happen anytime soon and culling Waymo would take a lot of Silicon Valley ecosystem with it.
And while Waymo might have an insane potential, it is just that, a potential.