So on one hand Google doesn't innovate anymore and is too shy to release anything new, and on the other hand Google can't just get things out and experiment because it would let down people who bet on these experiments.
There is probably an in-between.
> a list which apparently now includes its cloud.
Two years ago Google Cloud was 37k employees[1], which is about 20% of the company. Even if the 12k layoffs were on Cloud that would still be 10-12% of the company.
Calling it a side project and comparing it to a "smart tag embedded in clothing" or even Stadia is just FUD.
[1] https://www.bloomberg.com/news/features/2021-07-26/google-fa...