Lee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 10 months agoWhy is Google allowed to remove purchases from our Play Store accounts without telling us?www.androidpolice.comexternal-linkmessage-square375fedilinkarrow-up1982arrow-down115
arrow-up1967arrow-down1external-linkWhy is Google allowed to remove purchases from our Play Store accounts without telling us?www.androidpolice.comLee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 10 months agomessage-square375fedilink
minus-squareerwan@lemmy.mllinkfedilinkEnglisharrow-up6arrow-down1·10 months agoThe difference is that a hostile takeover can’t happen. Unless the founder still owns a majority of the shares, you can take control of a public company without needing the consent of the board (and CEO, founder, etc)
minus-squareerwan@lemmy.mllinkfedilinkEnglisharrow-up1·10 months agoI know it can happen, but that still makes a difference between public and private companies. That’s one risk less. Especially for Valve which is a very desirable company for their position as de facto PC games online store.
The difference is that a hostile takeover can’t happen.
Unless the founder still owns a majority of the shares, you can take control of a public company without needing the consent of the board (and CEO, founder, etc)
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I know it can happen, but that still makes a difference between public and private companies. That’s one risk less.
Especially for Valve which is a very desirable company for their position as de facto PC games online store.