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by strawpeople
1223 days ago
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Blackrock and Vanguard didn’t choose Tim Cook, Jobs did. Sundar Pichai was chosen by Larry and Sergei, who still have control of the voting shares in Google. Even if they did have the power to fire one of these CEOs, that doesn’t give them any leverage at all over small details like browser strategy, because their only option would to replace the CEO with someone who understands much less about the company. I.e. they can really only do anything if the CEO is manifestly failing. Honestly your argument doesn’t work, and doesn’t reflect shareholder influence. |
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It is actually your argument which does not work: no one would believe the actual owners have no saying about to where and how _theirs_ companies are steered.
msft is using blink already, I would not be surprised to see apple align on that. But they have to care about anti-trust stuff, financing geeko may not be enough.