Re: She got off lightly
He only stole from customers, not investors.
21371 publicly visible posts • joined 31 Dec 2009
>making people walk is cheap.
In this case it's looking very expensive.
By end of day, here on the west coast, rumours are 75% of the remaining workforce took the quit option before they stopped processing applications. All Twitter offices are apparently locked and all staff locked out of systems.
Twitter is still up, but bets are on it not lasting more than 0.1 Truss
>The debt issue can be easily solved by a hardball Chapter 11
I'm sure the people that fronted him the $40Bn didn't think of that and are happy to walk away from their money (especially those with their own army, secret police and bonesaws)
Trouble is that although you need very few engineers to keep the lights on (assuming you don't add any new features) you need lots and lots of warm bodies to do ad-selling, to file regulatory paperwork in every country and to do customer support for valuable clients.
You think having deadwood engineers is a problem, try having 4th rate legal and regulatory compliance people
Everybody went on a crazy hiring a spree during the pandemic.
Partly it was the idea that with remote workers we can hire for cheap in a flyover state and dump these SF salaries later, also if everyone else is hiring you need to hire or you are going to lose talent and attractiveness for future talent
FB headcount went up something like 40%, now it's going down 10%
It would be interesting to see ASML's order book. It could well be that TSMC have already bought all the 5000 series machines for the next few years.
I'm certain Intel are going to score more of the CHIPS act money, they have more friends in Washington, but I wouldn't bet on them making more chips than TSMC.
It's close to a monopoly on the thing that makes the modern world work. If there is a slowdown just going to put the brakes on it's competition.
Intel,GF, etc are all cutting staff and cancelling projects. In a few years when demand has gone back up and their next gen of fabs are coming online TSMC will be even further ahead
Here the electricity company is nationalised and owns all the chargign stations - but somehow there are a "choice" of 4 different PPI-ed payment cards/apps. Of course different chargers support different sub-sets of the services so you need a phone full of apps and a car full of RFID cards
It would depend on the amount of code it emits
My phone's auto complete is based on a list of what words most commonly follow other words - that's from analysis of a large number of copyrighted works n English.
If I type "it* and the phone suggests "is" I haven't violated copyright of every author who ever wrote "it is". But if the phone writes " was a dark and stormy night "and I use that in a novel I'm on shakier ground.
It's going to involve 1000s of meetings where everyone is very polite and calls everyone '-san' but nothing is done because it has already been decided that it isn't going to happen, but everyone is waiting for the other side to drop out first to save face.
More than a dozen Japanese organisations are involved, so there are factorial(12) combinations of this.
All the organisations (including IBM) are basically in managed decline, so they are all just waiting this out for grants and to be seen to be doing something by their superiors
It was from a world's fair in the 1880s (ish) in Chicago.
They needed a founding hero in a city with a large Italian population.
The viking colonies in Newfoundland weren't known back then and the first landing in the actual USA was a British expedition by John Cabot (ironically also an Italian) which didn't sell as well to American patriots.