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ggrobot
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Joined: 28 May 2004
Posts: 53575
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 Posted: Mon Aug 09, 2021 10:26 pm Post subject: Google Considered Buying Epic Games to Stop [53481] |
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up in legal battles (which can often be very expensive), it turns out that their concern over this matter was great enough that, for a brief moment, Google considered just buying Epic Games and bringing it under their â??Alphabetâ?? umbrella. Google has gone so far as to share its monopoly profits with business
Read more...
Source: GGMania headlines
GGMania.com - Daily Gaming and Tech news |
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Csimbi
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Joined: 05 Mar 2010
Posts: 5355
Location: The bright side of the dark side
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| Posted: Tue Aug 10, 2021 11:31 am Post subject: |
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| If you can't kill it, buy it. |
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Sabot
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Joined: 11 Jun 2004
Posts: 2398
Location: The Dark Side of The Moon
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| Posted: Tue Aug 10, 2021 3:12 pm Post subject: |
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Shows you how much Google are shiting themselves. A MONSTER the size of Google capitulating to Epic is one helluva own goal. Epic are like bent over double pissing themselves. Next the monopoly Steam, whom controls Amazon and all other key sellers that can only sell at what Steam sets the price at. Kill these fat cats  |
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Sabot
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Joined: 11 Jun 2004
Posts: 2398
Location: The Dark Side of The Moon
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| Posted: Tue Aug 10, 2021 3:34 pm Post subject: |
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Btw, Tesla only started making profits in January.
| Quote: | Riding a sales surge amid a global pandemic, Tesla Inc. on Wednesday reported that it posted its first annual net profit in 2020.
In a year that saw its stock soar to make it the world’s most valuable automaker, Tesla earned $721 million, capped by a $270 million profit in the fourth quarter. It was the company’s sixth straight quarterly net profit after years of mostly losses.
A year earlier, Tesla lost $862 million. Data provider FactSet says 2020 ended a string of annual red ink that began in 2006.
Once again the company needed regulatory credits purchased by other automakers in order to make a profit. Without $1.58 billion in credits for the year, Tesla would have lost money. Other automakers buy the credits when they can’t meet emissions and fuel economy standards.
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Means suit when you have backing and readies in the bank. Fuck, billionaires blow and loose hundreds of thousands in a night at Las Vegas. To us it’s “wow” to them it’s “did I?” |
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