Bank of England to crack down on 'secretive' cloud computing services

Re:Bank of England to crack down on 'secretive' cloud comput... by onlyrealcuzzo on Wednesday July 14, 2021 @02:14PM (#27836346)

Visa regularly makes double the profit per employee of FAANG - so, yes, they could easily pay more.

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Re:Bank of England to crack down on 'secretive' cloud comput... by alasdair_ on Wednesday July 14, 2021 @09:07PM (#27840404)

Don't all the smart companies avoid making any profit at all, since profit is taxed (but share buybacks are not)?

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Re:Bank of England to crack down on 'secretive' cloud comput... by onlyrealcuzzo on Thursday July 15, 2021 @01:28AM (#27841680)

You have to buy your shares with FCF (usually profit) or debt.

They have profits. They just aren't in the US.

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Re:Bank of England to crack down on 'secretive' cloud comput... by Tostino on Wednesday July 14, 2021 @03:55PM (#27837655)

Thanks for the source to backup that feeling.

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