Why does Google need to borrow money for 100 years?

And here’s the kicker: investors went crazy for it. Alphabet wanted to raise £1 billion with this century bond and received £9.5 billion in bids. That’s nearly 10 times oversubscribed. The overall debt raised across dollars, sterling, and Swiss francs hit almost $32 billion in less than 24 hours. This is unprecedented in modern technology….

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Alphabet CEO Sundar Pichai sold over 30,000 shares in tech giant — Here’s how much stake he still holds in Google

Alphabet CEO Sundar Pichai sold around 30,521 shares in the tech giant in a series of transactions last week (21 January), company disclosures with the United States Securities and Exchange Commission (US SEC) showed. Notably, while insider stake sales are a regular practice among big companies’ executives, we take a look at how much stake…

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Alibaba’s Eddie Wu dismisses Google CEO Sundar Pichai’s AI bubble concerns, vows aggressive investment

Alibaba Chief Executive Eddie Wu has forcefully dismissed market fears regarding an artificial intelligence (AI) bubble. Wu stated that the company “doesn’t really see much of an issue in terms of a so-called AI bubble” and plans to invest aggressively in the sector, despite recent warnings from Google CEO Sundar Pichai about “elements of irrationality”…

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