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Re:Show HN: Billionaire Activist Investor calling for more l... by b-team on Sunday January 22, 2023 @08:39AM (#34477238)
Times are good now. $3.6 billion is $36 billion in a decade. One day, Google may need that money to survive. Also, Google’s 2022 profit was $67 billion (down significantly from 2021) so they just increased profits by more than 5%.
Re:Show HN: Billionaire Activist Investor calling for more l... by ceejayoz on Sunday January 22, 2023 @08:42AM (#34477276)
One day, Google may also need the work that $36B would have accomplished to survive.
Re:Show HN: Billionaire Activist Investor calling for more l... by optymizer on Sunday January 22, 2023 @08:51AM (#34477368)
I suspect one of the strategic reasons FAANG keeps us around to work on bullshit projects is to prevent us from going on our own and making awesome competing products.
Re:Show HN: Billionaire Activist Investor calling for more l... by throwaway14356 on Sunday January 22, 2023 @01:06PM (#34480279)
With that much control over our collective mind their preference for bigger businesses and publishers will ultimately be their own unmaking. In the global village sense we wont need them to find big vendors. Google would benefit more from promoting small players for a more chaotic, more competitive landscape where advertisement is actually useful.