alt Hacker NewsThey have lost $68 billion (not spent, lost) on this project [0]. For that money they could have bought EA, owned its cash flows and still have $8 billion left over.
[0] https://www.ft.com/content/df26fc4c-5488-4994-b2b8-be4bfbda2...
Replies
TiredOfLife • today at 11:17 AM
And Apple loses 33 billion a year. Amazon 73 billion. Google 39 billion.
andybak • yesterday at 11:07 PM
> not spent, lost
Can you explain that assertion in more detail?
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> Chasing new technology when you’re already behind and your revenue is decline is a guaranteed way to fail.
> Moonshots like this you waste a tonne of money when that money is comparatively cheap anyway.