[HN Gopher] Google, Amazon, Meta and Microsoft Weave a Fiber-Opt...
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       Google, Amazon, Meta and Microsoft Weave a Fiber-Optic Web of Power
        
       Author : gralx
       Score  : 38 points
       Date   : 2022-01-15 17:12 UTC (5 hours ago)
        
 (HTM) web link (www.wsj.com)
 (TXT) w3m dump (www.wsj.com)
        
       | boxed wrote:
       | Google? Or Alphabet?
       | 
       | I don't understand why Facebooks rebrand should be honored when
       | we just ignore Googles.
        
         | thebean11 wrote:
         | It's a different structure. Google the company still exists and
         | is owned by Alphabet. Its products include Google search and
         | YouTube. There is no longer a company called Facebook; Facebook
         | is a product owned by Meta.
        
         | zo1 wrote:
         | They use this phrasing in the article text:
         | 
         | "four tech giants-- Microsoft, Google parent Alphabet, Meta
         | (formerly Facebook ) and Amazon"
         | 
         | So I guess the distinction in their eyes is that Facebook
         | renamed itself whilst Google sold itself to a parent company?
         | Can someone chime in on the legal entities and mechanics used
         | for the two?
        
           | tomklein wrote:
           | Google LLC is a subsidiary of Alphabet Inc. Don't know about
           | Facebook/Meta though
        
             | MertsA wrote:
             | Facebook was a straight rename to Meta, no parent company
             | or anything.
        
         | Laremere wrote:
         | This is likely the correct way to state things.
         | 
         | Facebook the product is run by a company named Meta. Google the
         | product is run by a company named Google, which is owned by the
         | conglomerate Alphabet. Google is the vast majority of Alphabet,
         | and they share CEO and CFO. So when you talk about Alphabet's
         | finances or stock price, you're mostly just talking about
         | Google but the name Alphabet is correct. However if you're
         | talking about a company doing thing, you're almost certainly
         | talking about one of the subsidiaries.
         | 
         | Eg, "Google made AlphaGo" or "Google's Deepmind made AlphaGo"
         | is incorrect, but "Deepmind made AlphaGo" or "Alphabet's
         | Deepmind made AlphaGo" are correct, while "Alphabet made
         | AlphaGo" is technically correct but unspecific.
        
       | ksec wrote:
       | It would be a lot more worrisome if they were actually owned and
       | operated completely in a close system by the four and only rented
       | out the bandwidth. But this is not the case here.
       | 
       | Yes, Google, Amazon, Facebook and Microsoft invest in
       | international undersea cables. But those Cables are done by a
       | Consortium of companies. Not just between the four listed but
       | many Telecom companies in the regions.
       | 
       | Pacific Light Cable Network for example, connecting between Hong
       | Kong, Taiwan, the Philippines and the US only cost $300M with
       | 120Tbps according to the same WSJ. That is such a small amount of
       | money by modern standard. Not to mention while the cost wont
       | likely go down, the total bandwidth you get from deployment will
       | continue to go up in the future. A 1 Pbps undersea connection
       | isn't too far fetch within 10 - 15 years time.
        
       | simpleguitar wrote:
       | My 10 year old self couldn't imagine having these massive
       | artificial brains scattered throughout the world connected by
       | high speed fiber network being a real thing.
        
       | BogdanPetre wrote:
       | https://web.archive.org/web/20220115105055/https://www.wsj.c...
        
       | systemvoltage wrote:
       | Don't forget Apple. Building a computer or a phone company today
       | is basically impossible. We're heading towards a state of extreme
       | monopolies. There is no way to vertically integrate like Apple
       | without having access to crazy amount of resources and time. If
       | there is competition, Apple's cash reserves will come to rescue
       | and crush any competition.
       | 
       | I love Apple products but this is all so worrying.
        
         | toast0 wrote:
         | > Building a computer or a phone company today is basically
         | impossible. We're heading towards a state of extreme
         | monopolies. There is no way to vertically integrate like Apple
         | without having access to crazy amount of resources and time.
         | 
         | If you're building a new hardware company today, you wouldn't
         | want to start out vertically integrated. You'd start by
         | whitelabeling from an ODM, and as you gain experience and
         | hopefully sales, figure out what parts you can design and get
         | manufactured yourself. You can't differentiate much when you're
         | selling the same ODM kit as everyone else, but maybe support or
         | updates or meaningful changelogs or a splash or color or less
         | spyware or ?
        
           | salawat wrote:
           | This is the crux though: Hyperoptimization is contagion. It
           | increases the barrier to entry for everyone. You could build
           | a reasonable handset without having 90% of your decisions
           | made for you by the elephants in the room.
           | 
           | We've allowed too much consolidation. We need to break things
           | up.
        
       | smitty1e wrote:
       | With absolutely no partisan bias whatsoever, I submit that
       | rational people should find the concentration of power worrisome.
        
         | btmiller wrote:
         | The oceans are pretty big though. Adding more cables right now
         | isn't a heavily constrained space. So yeah you have some giants
         | laying their own. However, I don't think that more privately
         | owned links is necessarily a sign of power concentration,
         | rather a symptom of it perhaps. You have these giants
         | leveraging economies of scale to gain an advantage, and it's
         | not necessarily something a non-giant couldn't do themselves if
         | they were motivated enough. Example, if Meta didn't own and
         | operate Facebook, Instagram, and WhatsApp (i.e. regulators
         | force the split of their social media platforms) they could
         | conceivably still lay these new cables.
        
         | supertrope wrote:
         | What's the difference between a .com oligopoly owning the
         | cables versus a telecom oligopoly?
        
           | AnthonyMouse wrote:
           | Vertical integration.
           | 
           | But break up the telecom oligopoly too.
        
           | [deleted]
        
           | arrosenberg wrote:
           | We've at least tried to break up the telecom one before?
        
             | ncmncm wrote:
             | We did, and then allowed them to consolidate again, under
             | influence from lobbyists and biased economists.
             | 
             | The anti-trust legislation is still in force, but it needs
             | participation from the Justice Department, which is
             | systematically neglecting its duty.
             | 
             | It is not against the law to have a monopoly, but when you
             | choose to have one you become subject to a body of law that
             | monopolies are supposed to observe. But that body of law
             | has been chipped away at in the courts, as the Public
             | Interest is only fitfully represented.
        
             | smitty1e wrote:
             | Possibly making Sherman[1] into a function that gets
             | applied annually at the Fortune 500 level?
             | 
             | [1] https://en.m.wikipedia.org/wiki/Sherman_Antitrust_Act_o
             | f_189...
        
       | 8f2ab37a-ed6c wrote:
       | I would very much like a fiber-optic web weaved my way,
       | unfortunately most of us are stuck with asymmetric lines from
       | Comcast and Spectrum.
        
       | Terry_Roll wrote:
       | So Naval submarines patrolling waters protecting submarine cables
       | is taxpayers funding tech giants and telcos private security!
        
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