It kind of doesn’t make sense. Modern google is typically kind of bad at building products and very good at getting them in customer hands. This is the opposite of that.
It does make sense, when you consider that Google had its earnings report yesterday, and missed its targets. $GOOG is already down 13%. It's an announcement purely for their investors.
It does make sense, when you consider that Google had its earnings report yesterday, and missed its targets. $GOOG is already down 13%. It's an announcement purely for their investors.