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cantankerous_cashew@lemmy.world to Technology@lemmy.worldEnglish · 20 hours ago

Google Fiber will be sold to private equity firm and merge with cable company

arstechnica.com

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Google Fiber will be sold to private equity firm and merge with cable company

arstechnica.com

cantankerous_cashew@lemmy.world to Technology@lemmy.worldEnglish · 20 hours ago
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GFiber and Astound to merge with Alphabet selling majority stake to Stonepeak.
  • db2@lemmy.world
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    18 hours ago

    I’m shocked. Totally shocked.

    Private equity means rising *prices and dropping quality until it’s useless at which point it will be sold off piece by piece. Consumers aren’t part of the process except as wallets.

    • bassomitron@lemmy.world
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      18 hours ago

      https://media1.tenor.com/m/7eIb5aTep44AAAAC/thor-really.gif

      • db2@lemmy.world
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        16 hours ago

        the Avenger Thor sarcastically expressing disbelief

        ![the Avenger Thor sarcastically expressing disbelief](https://media1.tenor.com/m/7eIb5aTep44AAAAC/thor-really.gif)
        

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