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What company?
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In May 2024, Google Cloud Platform (GCP) accidentally deleted the private cloud account and all backups belonging to UniSuper, an Australian pension fund managing over $125 billion.
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I think that stretches what it means for a company to "be" a 125b company, but that is still awful.
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They are a pension fund; they literally had/have US$125 billion dollars under management. What exactly is being stretched here? I can't for the life of me think of something that qualifies more for being a 125b company than actually having 125b in assets.
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Companies are described by revenue. UniSuper made $110 million recently. It deceptive to use the assets managed as the size since it makes it look like a much larger company. NVIDIA has revenue of $130 billion. $125 billion revenue would make it the largest company in Australia by a good amount.
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