Google's Cloud Group Forms Web3 Team To Capitalize on Booming Popularity of Crypto (cnbc.com) 18
Google's cloud unit is forming a team to build services for developers running blockchain applications as the company tries to capitalize on the surging popularity of crypto and related projects. From a report: Amit Zavery, a vice president at Google Cloud, told employees in an email Friday that the idea is to make the Google Cloud Platform the first choice for developers in the field. "While the world is still early in its embrace of Web3, it is a market that is already demonstrating tremendous potential with many customers asking us to increase our support for Web3 and Crypto related technologies," he wrote. "We're not trying to be part of that cryptocurrency wave directly," Zavery told CNBC in an interview. "We're providing technologies for companies to use and take advantage of the distributed nature of Web3 in their current businesses and enterprises."
So they can be like others? (Score:3)
I mean Google tends to cancel their products often, so if they launch a cryptocurrency and then end it, they are just like most of an industry for once!
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It's "cancel culture".
et tu Google? (Score:2)
It seems incongruent that a company that spends so much on social engineering [theverge.com] and climate change [theverge.com] would then turn around and actually do something detrimental to those investments.
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Unless AWS, Azure, Oracle, IBM et al are all willing to stop working with web3 firms as well Google Cloud isn't going to leave potential money on the table. Alphabet is publically traded, shareholders want those profits.
There's a reason "Don't be evil" isn't in their mission statement anymore.
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There's a reason "Don't be evil" isn't in their mission statement anymore.
Evil canary FTW
What "booming popularity"? (Score:2)
I bought Coinbase stock late last year to try to take advantage of crypto's "booming popularity", and got bigly kicked in the wallet as the popular e-coins all fell. I know one should think longer term with stocks and be diversified (yes I am), but that was painful to watch regardless. I should have bought Pepto-Bismol stock instead. (Hmm, BismoCoin?)
Booming Shmooming.
Like the meme says (Score:1)
I bought Coinbase stock late last year to try to take advantage of crypto's "booming popularity"
Investing in cryptocurrency - you're doing it wrong.
I say follow Dr. Zoidberg's advice and go with a sandwich-heavy portfolio.
OK remind me (Score:2)
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Before that the web pages on a site were made by the owner of the site using offline content creation tools.
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Web 1.0: You made a website with some interesting content and people looked at it.
Web 2.0: Same idea, but get the user to do all the work for free, and also harvest their information for fat profits.
Web 3.0: Forget the content, just harvest the information, and make the user pay for the privilege while you're at it.
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Google.
I mean, datamining, profiling, tracking, and advertising. That's web 2.0.
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= screwing us a 2nd time
I have a vision for Web (Score:2)
Maybe instead Google should fix search (Score:2)
Web3? (Score:2)
Or did cryptocurrencies simply use another unrelated term for their crap?
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It's ok, let them waste a ton of money on the crypto fad... Now if they could also jump the Metaverse bandwagon and go bankrupt along with Meta, the world would be a much better place.
good (Score:1)