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4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta's entire market value (markets.businessinsider.com)
submitted 3 years ago by [M, B] to c/technology@lemmy.world
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4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta's entire market value::Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta's combined spending.

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[+] 3 points 3 years ago* (last edited 2 years ago) (2 children)
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  • [–] 1 point 3 years ago (1 child)

    People aren't fundamentally good. People are fundamentally social, and the social pressures and incentives of their society drives the way they act to a large degree.

    In this case, it drives very rich people to do very messed up stuff to become even more very rich.

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