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> The Firefox maker said it's neutral with regard to the technology, citing cost Since they pay their CEO $7MM per year, this is a profoundly infuriating argum
by anotherhue 3y ago
> The Firefox maker said it's neutral with regard to the technology, citing cost
Since they pay their CEO $7MM per year, this is a profoundly infuriating argument.
- jokoon 3y agowhy 2 M in $7MM? 2 millions millions dollars? that's 10^12 dollars.
- anotherhue 3y agoIt's the accepted financial notation, perhaps you're confusing it with 7M$ which would be an SI like encoding. https://corporatefinanceinstitute.com/resources/fixed-income/mm-millions/ https://corporatefinanceinstitute.com/resources/fixed-income...
- themerone 3y agoThat page says MM is antiquated, falling out of favor, and M is the more modern way to represent a million.
- zamadatix 3y agoYou have to be careful about separating your interpretation of what something is saying when referring to the claims of the content directly like that. Nowhere does the page say antiquated, that's just one particularly strong interpretation of "becoming less common". It'll probably eventually be antiquated but it certainly isn't yet - it's still very popular and accepted.
- NelsonMinar 3y agoRoman numerals. 1000 1000
- LinAGKar 3y agoThen it would be 2000
- wongarsu 3y agoBecause finance has weird conventions about numbers, and $7M could be misread as $7000 in the wrong context
- rwmj 3y agoWith the CEO getting that much, they do have to be careful about other costs.
- dist-epoch 3y agoTechnically Google is the one paying Mozilla CEO's $7m salary. Clearly a good investment, Firefox market share is lower and lower, and has been steadily declining since Google became Mozilla's main income source.