By CCN: When you’ve got a target on your back, the best strategy is to give your enemy more arrows. At least, that’s what Google seems to think. Just days after the government launched its antitrust crackdown against the tech titans, Google decided to put more blood in the water.
It announced that it is buying fast-growing cloud data analytics company Looker for $2.6 billion. In December, Looker raised money at a $1.6 billion valuation, meaning that Google nearly doubled that just six months later.
That said, Looker was planning to IPO, so perhaps Google had to pay up to get a deal done. It’s still a lot of money though; remember that Google paid just $1.6 billion for its famous YouTube acquisition back in the day.
A primary argument against the tech giants’ power is their history of gaining size by acquiring other companies, and some politicians have suggested breaking up corporations like Google and Facebook.
On top of that, Google’s Youtube has also gone completely nuts banning and demonetizing almost everyone who is a right-winger. All of this is a direct spit on US DOJ’s face.
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