Don't know if they ever agreed to sell. IIRC they did partner with Oracle to host their infrastructure, as a way of showing that they were trying to allay US concerns.
Meta has been known for years to only negotiate if you have competing offers. I guess being the only place with high TC hiring right now complicates things but this negotiation strategy is not new.
It's really the whole package. The new Qualcomm chip is probably not that far, but having a whole machine designed from top to bottom with a closed system helps taking advantage of every bit.
The closest to that would have been the Surface line, but with Panos out I wouldn't bet on it.
Some quick feedback: It’s hard to parse your CV quickly because there are no actual job titles. I have to dig into the bullet points to get some idea of what your role was.
> Is a google employee in US somehow more competent than the one in India?
Yes. I can’t speak for Google employees but I’ve worked with Indian FTE teams at another big tech company. Indian FTEs are generally less competent than US FTEs at the same level. Upper management knows this and they don’t care because US employees are 3-4x more expensive, so they can hire 3 senior engineers in India for the cost of 1 in the US, which is still a good deal on a cost-per-output basis.
I think the reason for this competency discrepancy may be the huge incentive to move to the US because of pay. In other words, if Indian engineers were as good as their US counterparts, they would move to the US and make 3-4x as much, which leaves only those incapable or unwilling to move in the Indian market.
Flashy product announcements without an immediate release are part of the “big company game”. Usually they are just a mechanism to make leadership more confident about the product by showing them how excited external people are about it, creating hype, etc.
I made this comment when the submission title was “Tech salaries largely unchanged as skills shortages continue”. It seems like the title is more accurate now.
This is not a consumer-facing, social payment platform (e.g. Venmo), it is another payment rail (e.g. ACH, wires).
Laypeople are not the target audience for this, payment rail users are (i.e. entities who regularly utilize ACH/wire transfers or build services on top of them).
Not necessarily. In Germany we have "GiroPay", which literarily redirects you to a prefilled form in your online banking website. You have to choose your bank, enter your PIN, and click "okay". It's basically the same complexity as PayPal. (It's not hugely popular currently because it's fairly new and credit based services like PayPal have a headstart.)
But GiroPay is a product built on whatever payment rail is in use in Germany. In the same vein you need "FedPay" to make this as easy for the consumers. FedNow by itself won't really cut it.
Basically you know how you can ACH payments from your account to someone else’s and back but it only happens the next morning as long as the next morning is a business day? Now it would happen instantly on any day.
That said, FedNow is still an improvement over ACH. ACH is fundamentally batch-based processing, they just run the batch multiple times per day now. And all the batch times are East Coast biased, so people on the West Coast get worse service.
Didn’t they agree to sell it to Oracle back when Trump threatened to ban it?