A Quote by Vagit Alekperov
The biggest engineering companies, like Schlumberger, Halliburton and others, have technology they spent billions of dollars developing.
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I believe companies like ours are going to be as large as media companies and social networking companies that are valued in the tens of billions of dollars.
The U.S. has spent billions of dollars on educating and supporting teachers or developing curricula but no resources are applied to 'improving the brain' that a student brings to the classroom.
The Arab League tells us to go in and take out Qaddafi. We've spent billions of dollars already with respect to the Arab League. Billions of dollars, because they told us to do it. Why aren't they paying for it? They don't like Qaddafi, Qaddafi's been a terrible thorn in their side.
The other dynamic keeping the stock market up - both for technology stocks and others - is that companies are using a lot of their income for stock buybacks and to pay out higher dividends, not make new investment,. So to the extent that companies use financial engineering rather than industrial engineering to increase the price of their stock you're going to have a bubble. But it's not considered a bubble, because the government is behind it, and it hasn't burst yet.
In the digital realm, companies are free from the friction of producing physical goods, and as a result, we see companies like Google go from zero dollars in revenues to billions at a much faster rate.
American oil companies - including Amoco, Unocal, Exxon, Pennzoil - have invested billions of dollars in Azerbaijan and plan to invest billions more. As a result, they have developed a strongly pro-Azerbaijan position.
It isn't only rich countries that suffer from the effects of tax havens. Developing countries also lose billions of dollars in tax revenues due each year because wealthy individuals and some companies use tax havens to move assets and income offshore.
Corporations like Google, Facebook, Amazon, all of these large companies, are making tens or hundreds of billions of dollars off of monetising people's data.
Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annually.
You can look at that by comparing Medicare's growth rates to the private insurance world, to the other Federal programs that we run, by looking at the billions of dollars, not millions but billions of dollars, we waste every year.
Silicon Valley companies need to be asked to bring the best and brightest, the most recent technology to the table. I was asked as a CEO. I complied happily. And they will as well. But they have not been asked. That's why it cost billions of dollars to build an [Barack] Obama website that failed because the private sector wasn't asked.
You know, my degrees are in computer engineering. I spent a lot of time in the tech industry. And I like to say that I don't invest in tech because I spent time in it. And I saw firsthand that the durability of technology moats is many times an oxymoron.
We all forget that when a TV network says, 'Look, we're broke,' it means that they're not making as much money as they would like to be making. They're still making millions and millions of dollars - they're just not making billions and billions of dollars.
You have to be willing to spend an awful lot in that R&D phase before you see the benefits. When you look at the companies that have really won customers over in technology - say, Apple and Google - you find that they spend billions of dollars on R&D each year, often spending that much on a product before they ever make a dime back in profits.
Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars people needed right away.
The boom was healthy too, even with its excesses. Because what this incredible valuation craze did was draw untold sums of billions of dollars into building the Internet infrastructure. The hundreds of billions of dollars that got invested in telecommunications, for example.
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