News for hackers. Stuff that matters.
Re:Tell HN: Sundar Pichai made $8M today by danielmarkbruce on Friday January 20, 2023 @08:28PM (#34462780)
Google spent over $50 bill in the last 12 months buying back shares, ie handing money to it's shareholders. It fires people when costs are too high. He appears to try to have the company make more money. His actions suggest he is thinking about shareholder value all day long.
Re:Tell HN: Sundar Pichai made $8M today by znpy on Saturday January 21, 2023 @01:06PM (#34468555)
> Google spent over $50 bill in the last 12 months buying back shares, ie handing money to it's shareholders.

that's certainly one way to see it.

another way would be: Google spent over $50 bill in the last 12 months keeping its stock price up artificially.

Re:Tell HN: Sundar Pichai made $8M today by danielmarkbruce on Saturday January 21, 2023 @07:47PM (#34472756)
Either way it appears Sundar is spending time thinking about shareholders and giving them what they want.