GFiber and Astound to merge with Alphabet selling majority stake to Stonepeak.
Makes sense. Being an ISP doesn’t really fit with being an advertising company masquerading as a tech company.
Google Fiber will be sold to private equity firm and merge with cable company
Submitted 15 hours ago by BrikoX@lemmy.zip to technology@lemmy.zip
Comments
MagnificentSteiner@lemmy.zip 14 hours ago
cadekat@pawb.social 11 hours ago
I guess it might make sense from a vertical integration point of view. You could host your ads directly from your customer’s modem or something.
ozoned@piefed.social 13 hours ago
Another one bites the dust!
reddig33@lemmy.world 13 hours ago
I guess Google finally realized they don’t have to own the network connection in order to track people.
kinkles@sh.itjust.works 14 hours ago
Imagine paying for traditional shitty cable internet from a company called GFiber
breezeblock@lemmy.ca 14 hours ago
Eating your Gfiber helps you Gshit better
Alexstarfire@lemmy.world 15 hours ago
Not that Google was doing stellar with their rollout, but I haven’t heard anything bad from anyone who’s actually used the service. This is one of the worst things that could have happened with their service.
JoMiran@lemmy.ml 14 hours ago
It is a stellar service. Sad news, but not unexpected.