12-10-2016, 07:18 AM
http://www.dslreports.com/shownews/Googl...tor-138508
Quote:Bloomberg offers up a few more details in a report on the ongoing shift at Google, noting that Alphabet CFO Ruth Porat is attempting to bring some fiscal "focus" to the Silicon Valley giant. The report indicates that while Google co-founder Sergey Brin was apparently still bullish on disrupting the telecom industry, Larry Page was supposedly "frustrated" by Google Fiber's lack of progress:
...
According to Bloomberg, many at Google are frustrated by Page's impatience, and say he's bowing to investors and shifting Google into just another company eager to cut corners at every opportunity:Quote:These changes have prompted many in Silicon Valley to accuse Page of bowing to investor pressure—in other words, of acting like a CEO of a normal, publicly traded company. “It definitely looks like a more conventional company,” says Randy Komisar, a partner at Kleiner Perkins Caufield & Byers. “It’s the classic GE conglomerate model,” he says, comparing Page to Jack Welch, famous for turning General Electric around by shedding research divisions and slashing costs....
That said, Page's apparent disdain for disrupting the broadband sector because it's hard and takes time should give any Google Fiber supporter pause. It's not outside of the realm of possibility that Google gets tired of meddling in the telecom space entirely and sells off the entire project at some point, especially with an incoming administration that appears to be putting regulatory oversight of nation's entrenched duopolies on the far back burner.
Readers place your bets: does Google Fiber go on to great things, or does it get sold off and become another sad footnote in the never-ending quest to bring meaningful competition to the US broadband market?

