5 February 2024

Microsoft, Google, Meta, and Amazon added ~$10B to collective profits in the past two years by cutting depreciation costs due to extended server life estimates (Financial Times)

Financial Times:
Microsoft, Google, Meta, and Amazon added ~$10B to collective profits in the past two years by cutting depreciation costs due to extended server life estimates  —  Alphabet, Amazon, Microsoft and Meta have all shifted estimates of how long they will use technical equipment

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