My first thought. Another Olympus ?
40 posts • joined 19 Apr 2011
Relying on AT&T, Verizon and T-Mob US to protect you from SIM swapping? You better get used to disappointment
EA boots Linux gamers out of multiplayer Battlefield V, Penguinistas respond by demanding crippling boycott
We're so, so, sorry you're not able to get PC chips, says Intel to everyone who hasn't gone with AMD yet
Let's see what the sweet, kind, new Microsoft that everyone loves is up to. Ah yes, forcing more Office home users into annual subscriptions
We listened to more than 3 hours of US Congress testimony on facial recognition so you didn't have to go through it
All those opinions regarding avoidance vs evasion, and change the laws, handily ignore the fact that Governments are national and corporations are supra-national. This creates a race to the bottom, handily won by Ireland, Isle of Man and other havens.
The reality is that we cannot blame the law-makers for entities that are out of their control. The solution would require a UN equivalent of the HMRC and we know how effective THAT would be.
So yes, I do blame the management of the companies for their failure to recognise that their pursuit of profit, whilst legal, is entirely immoral and unethical. The public recognise unethical and inequitable actions when they see it. Even if they are in situations that are not covered by statute !
The problem lies with people (yes you DB) who tell us that we cannot blame the companies for acting unethically, because they are not compelled to. We should hold them to a higher ethical standard than HMRC Regs.
How can we do this ? Hard one... I have a few ideas
Public vote with their feet after name and shaming
Exclude companies domiciled in tax-havens from procurement processes in both Govt and Private sectors
Introduce turnover taxes for companies domiciled in tax-havens
Make lobbying by said companies a declarable interest
Co-ordinate with our EU neighbours on good-actor suppliers and vendors
Re: What your smart meter can do
The only plausible story I can find that looks like what your referring to is this one. In which no smart meters were involved at all, but the gas cut off after *two personal visits* by British Gas staff.
Stop us if you've heard this one: IBM sued after axing older staff, this time over 'denying' them their legal rights
Sigh - Your post is wrong on so many levels it's hard to know where to begin. I can only assume that your management told you it wasn't their fault, but rather the boogeymen of Finance ? Hint. They lied.
"Their brief is keeping a hold of the cash - minimising outlay." No, no it isn't. The brief of an accountant is to protect and maximise the assets of a company.
"The business managers should be allocating resources, investing and developing etc. with the accountants to advise on the potentials and risks." - Yep. See above
"They should never have been allowed to take control. " They haven't. Who told you that ?
"They are not trained to think in terms of long term development or opportunity cost etc." Completely wrong. Finance is trained in exactly those things.
"But since shareholder value and senior manager bonuses seem to be tied to the difference in the short term cost and income figures the accountant is now king." Hahahahahaha. Oh god, hahahahaha. You're blaming the short-termism of management of the Finance people ? hahahahahaha <gasp> the accountant is king ! hahahahahaha...,cough. cough choke... that's so funny.
Short-termism occurs because management and the Board are rewarded based on short-term KPIs like the bottom line or share price in any particular year. Management then sets targets, Budgets and tactics accordingly. The fact that this is often not the best outcome for the company is usually ignored.
Stop us if you're getting deja-vu: Uber used spyware to nobble dial-a-ride rival, this time Down Under, allegedly
"However, with less than two months as VP of Finance under his belt before his elevation to Tesla CFO, he has a worrying lack of experience." You win Understatement of the Month.
As someone in a similar role I can tell you that appointing someone this inexperienced is often a red flag for potential fraud.
I've not been over to the US from the UK for some years, but I have two half-sisters there, that I would like to see again. What is the implication for UK citizens ? Does this apply to me or not ?
Fingerprints are bad enough but my entire data history.... Probably enough to stop me going.
Why NFC ?
In a word - queue times.
50,000 people + staff in a stadium which may have 150 food outlets, means a long queue at lunch time. Each NFC transaction will save 30s to a minute each. That's got to help.
Picking up a programme on the way in ? Wave your card/phone and keep walking.
Have a large staff ? Give them ewallets for lunch costs.
I know that a number of football stadiums are already moving to NFC payments. The Olympics will be the same only much bigger.
I worked in Aus for over 20 years, including IBM at West Pennant Hills, EMC and many others. Your comment is not only offensive, but also factually incorrect. If you are going to make those sort of comments please do it in the Daily Mail or similar xenophobic purveyor of steretypes.
IBM has lots of faults, but systemic harrassment is not one of them.