Friday, June 7, 2019

Google bought 270 companies since 2001, Facebook bought 92 since 2007, some direct or nascent competitors; only one Google acquisition was challenged by the US (New York Times)

New York Times:
Google bought 270 companies since 2001, Facebook bought 92 since 2007, some direct or nascent competitors; only one Google acquisition was challenged by the US  —  “Big tech” companies like Google and Facebook are, in reality, the products of hundreds of mergers.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...