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Google is not an energy company, but the (supposed claim, ymmv) is that Alphabet is a conglomerate, not just Google.
by foota 7y ago
Google is not an energy company, but the (supposed claim, ymmv) is that Alphabet is a conglomerate, not just Google.
- jjeaff 7y ago>alphabet is a conglomerate Some may claim that. But there is little support for it besides the fact that they simply structured it that way for strategic purposes and possibly to try to de-emphasize their search dominance for the monopoly hawks. The 'Google' portion of Alphabet is the only net income producer and almost the only revenue producer. All other Alphabet business are big time money losers right now.
- davidivadavid 7y agoThat's the point Peter Thiel made to Eric Schmidt's face before Alphabet even existed. Google doesn't want people/regulators to think they're a monopolistic search engine, so they build that phony shell company to host a bunch of nonsense sideshows to divert attention.
- m0zg 7y agoFollow the money. Whoever pays (Google), defines the rules. Alphabet is a fiction, especially now under Sundar.
- jacquesm 7y agoGoogle is not a conglomerate either. Yamaha, that's a conglomerate. Real products, from musical instruments to motorcycles, supported and a relatively strong brand in every market they operate in on merit.