jackmarxist [any] to

technology • 5 months ago

Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? | Common Dreams

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Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? | Common Dreams

jackmarxist [any] to

technology • 5 months ago

What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks?

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flan [they/them]
·
5 months ago
To make that number $160 billion.

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- peeonyou [he/him]
  ·
  5 months ago
  everyone likes round numbers more, its simple really
  
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  - flan [they/them]
    ·
    5 months ago
    we love our numbers divisible by 32 don’t we folks!
    
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    - Speaker [e/em/eir]
      ·
      5 months ago
      I regret to inform you that 152B is already divisible by 32.
      
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      - flan [they/them]
        ·
        5 months ago
        oh no!
        
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