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I'm not sure about this. Here's WHO is asking for this: https://www.theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively
by candiodari 4y ago
I'm not sure about this. Here's WHO is asking for this:
https://www.theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively-cut-staff-and-pay https://www.theguardian.com/technology/2022/nov/15/major-inv...
His first argument is bullshit, because Google is effectively debt-free. So Google can choose what to do with its money. He is quite open about that it's simply HIM wanting money:
"TCI also called on Alphabet to increase its already substantial share repurchase programme to run down its $116bn of cash, given that large-scale mergers and acquisitions are limited owing to regulatory scrutiny. It urged it to copy Apple’s approach and become “cash neutral” over time."
His style described in the article sounds like "corporate raiding" from the 80s. One might point out corporate raiding caused a financial crash ...