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Net income up 68%, that's terrifying high for a company that size. Good job everyone at Alphabet/Google.
Conditions changed.
Net income up 68%, that's terrifying high for a company that size. Good job everyone at Alphabet/Google.
There's a part of Chaos Monkey where the author describes driving past Google on a weekend and seeing empty parking lots while Facebook's were full (this was during Google Plus). He concluded that Google no longer had a fire in the belly and facebook was going to overcome it, not just in social mindshare, but ad revenue. Conditions changed.
people working remote
Net income up 68%, that's terrifying high for a company that size. Good job everyone at Alphabet/Google.
There's a part of Chaos Monkey where the author describes driving past Google on a weekend and seeing empty parking lots while Facebook's were full (this was during Google Plus). He concluded that Google no longer had a fire in the belly and facebook was going to overcome it, not just in social mindshare, but ad revenue. Conditions changed.
Employees are a company's most valuable resource. A company looking to grow and innovate must take care of its employees and part of it is respecting their time.
Net income up 68%, that's terrifying high for a company that size. Good job everyone at Alphabet/Google.
There's a part of Chaos Monkey where the author describes driving past Google on a weekend and seeing empty parking lots while Facebook's were full (this was during Google Plus). He concluded that Google no longer had a fire in the belly and facebook was going to overcome it, not just in social mindshare, but ad revenue. Conditions changed.
I'd bet that Google & Facebook's current run-up is largely driven by inflation and higher ad prices. FB even said as much in a recent earnings call. Jerome Powell did more for their business than any employee up through the CEO did.
Net income up 68%, that's terrifying high for a company that size. Good job everyone at Alphabet/Google.
More like the pandemic is good for pushing activities onto the internet of which Google takes its slice.
> In January 2021, we completed an assessment of the useful lives of our servers and network equipment and adjusted the estimated useful life of our servers from three years to four years Does anyone know what the observation was here that made this possible? Have Google's internal workloads not grown in size as quickly as they thought, or is this a "Moore's law is slowing down" thing?
Extending the life of an asset would affect the depreciation schedule, which would affect when depreciation is recognized / recorded on their books in a given tax year.
Net income up 68%, that's terrifying high for a company that size. Good job everyone at Alphabet/Google.
More like the pandemic is good for pushing activities onto the internet of which Google takes its slice.
"Alphabet has been viewed as a key beneficiary of the **reopening trade**, given it stands to gain from a pick-up in travel-related searches and advertising on Google Search." (** emphasis mine **)
Source: https://finance.yahoo.com/news/alphabet-google-reports-q3-20...
> In January 2021, we completed an assessment of the useful lives of our servers and network equipment and adjusted the estimated useful life of our servers from three years to four years Does anyone know what the observation was here that made this possible? Have Google's internal workloads not grown in size as quickly as they thought, or is this a "Moore's law is slowing down" thing?
Earlier quoted context omitted.
There's a part of Chaos Monkey where the author describes driving past Google on a weekend and seeing empty parking lots while Facebook's were full (this was during Google Plus). He concluded that Google no longer had a fire in the belly and facebook was going to overcome it, not just in social mindshare, but ad revenue. Conditions changed.
> empty parking lots people working remote
> In January 2021, we completed an assessment of the useful lives of our servers and network equipment and adjusted the estimated useful life of our servers from three years to four years Does anyone know what the observation was here that made this possible? Have Google's internal workloads not grown in size as quickly as they thought, or is this a "Moore's law is slowing down" thing?