Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta's combined spending.

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.

  • trashgirlfriend@lemmy.worldEnglish
    1·
    10 months ago

    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.