Alphabet, cough, Google most valuable biz on Earth as it pours billions into 'other bets' Alphabet, Google's new parent-holding-company-thing, has reported stellar end-of-year results: revenues in the final quarter of 2015 hit $21.3bn, and profit reached $4.9bn. The figures pushed Alphabet's stock price up eight per cent in after-hours trading, making it, for the moment, the most valuable company on the planet by …
If a US company holds cash aboard they pay only whatever foreign taxes are due on it. When they bring it into the US they owe US taxes on it, but foreign taxes previously paid on it are taken as a tax credit against the US taxes due. So the less foreign taxes you pay, the more you will owe in US taxes when you bring it home.
Exactly. If you 'negotiate' once you are opening the door for many others to want to negotiate, and risk accusations of unfair treatment.
Let's say Apple and Facebook come along wanting to "negotiate" but the UK says no, or offers a worse deal. In the US, Google spends several times more on lobbying the government and donations to PACs (donations to political parties/candidates) than either Apple or Facebook. Let's say the same was true in the UK.
It sure would look to a lot of people like Google bribed the government for the deal in a quid pro quo by making donations to the right political parties/people, or spending money on lobbying (where politicians go once they retire or get voted out, at least in the US) Even if that's not what really happened, the appearance is enough for the accusation to be reported in the press and believed to be true by political opponents and cynical bastards like me.
"CEO Sundar Pichai said that YouTube viewership among the 19-45 age group now has more viewers than any US cable channel. YouTube viewing in the living room more than doubled in the last year, he said, pushing up revenues."
Would that be because you count people or devices, not households?
How many of that age group are giving you money?
It's not stuffed into the mattress. It's invested or at least in a bank account. Either way, it's "working", so keeping other businesses in business and employing people who get paid and spend it. It's all just make believe numbers anyway, not real cash (for some value of "real")
That someone should whisper in the execs ear, the same way that a Roman general would (allegedly?) have "Remember you are mortal" whispered in theirs as they rode in triumph
"Don't be too proud of this technological terror you've constructed"
After all, Microsoft was once at the top of the game (in 1999)
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