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Google and Facebook are both advertising companies, doesn't seem that different to me.
by kilovoltaire 4y ago
Google and Facebook are both advertising companies, doesn't seem that different to me.
- ausudhz 4y ago"world changing"
- randomsearch 4y agoTo call Google an “advertising company” is disingenuous and I suspect you know that. Whilst Facebook has been obsessed with chasing eyeballs and advertising, Google has built Google maps, Gmail, Android, Translate, all kinds of search, GCP, the leading web browser, Chromebooks, self driving cars, the most advanced quantum computer, world leading AI research and a ton more. There’s no comparison to Facebook.
- achenet 4y agotheir money comes from ads. Of all the things you mentioned - Maps I'm pretty sure is a loss leader or used for data for ads Gmail as well Android is platform to hit you with ads Chrome/Chromeboooks also GCP is actually a viable business, albeit in a very competitive market self driving cars, research, quantum computers, none of those make money. There is a perfect comparison to Facebook, and for that matter, MTV and the New York Times. They all make money by selling ads.
- andsoitis 4y ago> To call Google an “advertising company” is disingenuous It probably depends on one’s perspective. Their Q3’22 financials show that $54b of their $69b revenue for the quarter is advertising income. It is also listed first in their financials. https://abc.xyz/investor/static/pdf/2022Q3_alphabet_earnings_release.pdf?cache=4156e7f https://abc.xyz/investor/static/pdf/2022Q3_alphabet_earnings...