Earlier quoted context omitted.
I’m a big fan of looking at annual reports to understand a company. Google is not subtle about where its priorities lie. There is a section in their 10-K titled “How we make money” and the two sub-bullets are “Performance advertising” and “Brand advertising”. The rest is a footnote. Their revenue breakdown tells a similar story. Google as a whole had revenues of $161B in 2019, and $134B of that was direct revenue fro…
Does this mean that Google is basically using all their services like Stadia or Fiber to keep people's minds aware of their presence, essentially using these services as their own advertisement outreach while hoping they also return a profit on their own advertisement?
Fiber has been effectively cancelled; Google has been shopping it around to various telecoms since 2017 but because it's an overlay network and it's not very large, nobody wants the headache of trying to integrate it. Fiber was always an attempt to push broadband providers to update their networks to better support YouTube; Google was never going to throw down the $100B that it would have taken to be competitive. It was never designed for long-term viability because it didn't need to be to serve its purpose.