Google made an extra $8 billion last quarter but won't say how. I have some guesses.
Google reported an $8 billion gain on a company it's invested in. But which one?
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- Imagine making an extra $8 billion and not really caring about it.
- That's Google, right now: The company says the value of one of its investments increased by $8 billion this quarter, but won't say which one.
- I have some ideas.
Most companies would make a big deal if they found an extra $8 billion in their couch cushions.
Google is not one of those companies.