Have you worked in a big company before? I swear they were announcing random partnerships and MoUs every week. They never went anywhere except fancy dinners for the executives involved. Sometimes they were literally announcing partnerships with essentially competitors, because apparently executives on both sides were too stupid to understand their own business.

The worst were the ones where long after all the cocktails were drunk, some executive (too stupid to understand the vapid nature of these partnerships) got it into his mind to "check up on the progress of the cooperation". That mess predictably rolled downhill because nobody was willing to tell them the truth.