Skip to main content

The context you need, when you need it

When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our own.

We rely on readers like you to fund our journalism. Will you support our work and become a Vox Member today?

Join now

Alphabet Hid a Google-y Math Joke in Its Stock Buyback

Alphabet + revenue = buybacks.

Shutterstock/R2D2

Of course it did.

The biggest news to come out of the third-quarter earnings from Google’s Alphabet, which were announced on Thursday, was the company’s first shareholder buyback. Alphabet’s board (same as Google’s) authorized a repurchase of its Class C shares. (Co-founders Larry Page and Sergey Brin hold most of the controlling B shares.)

The exact number of the share repurchase was funky: $5,099,019,513.59

It’s a math joke. There are 26 letters in the alphabet; 5.09901951359 is the square root of 26 an alert reader reminds us. A funnier way to consider it: Alphabet’s gross revenue in the period was $18.7 billion; the square of 5,099,019,513.59 is expressed as 2.6 times 10 to the power of 19, or some such.

Google has long had a habit of these geeky jokes. Seems the name change hasn’t really changed anything.

This article originally appeared on Recode.net.

More in Technology

Podcasts
Are humanoid robots all hype?Are humanoid robots all hype?
Podcast
Podcasts

AI is making them better — but they’re not going to be doing your chores anytime soon.

By Avishay Artsy and Sean Rameswaram
Future Perfect
The old tech that could help stop the next airborne pandemicThe old tech that could help stop the next airborne pandemic
Future Perfect

Glycol vapors, explained.

By Shayna Korol
Future Perfect
Elon Musk could lose his case against OpenAI — and still get what he wantsElon Musk could lose his case against OpenAI — and still get what he wants
Future Perfect

It’s not about who wins. It’s about the dirty laundry you air along the way.

By Sara Herschander
Life
Why banning kids from AI isn’t the answerWhy banning kids from AI isn’t the answer
Life

What kids really need in the age of artificial intelligence.

By Anna North
Culture
Anthropic owes authors $1.5B for pirating work — but the claims process is a Kafkaesque messAnthropic owes authors $1.5B for pirating work — but the claims process is a Kafkaesque mess
Culture

“Your AI monster ate all our work. Now you’re trying to pay us off with this piece of garbage that doesn’t work.”

By Constance Grady
Future Perfect
Some deaf children are hearing again because of a new gene therapySome deaf children are hearing again because of a new gene therapy
Future Perfect

A medical field that almost died is quietly fixing one disease at a time.

By Bryan Walsh