BlueLightning
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Google CEO 'Lord Farquaad' lambasted for giant pay raise after 12,000 layoffs
In the past, some CEOs have taken a pay cut in similar situations. Sometimes to a token $1 salary for the year.
Steve Jobs and Elon Musk are examples.
https://en.wikipedia.org/wiki/One-dollar_salary
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Fourth macOS Ventura 13.4 beta plagued by networking issues
Thanks to all the folks who beta test OS releases and application software. Too old for that stuff now, but did some site level/corporate integration testing and test environment builds in my younger days. Last work along those lines was about 7 years ago. Wrote up requests for program analysis with detailed descriptions of problems...
Always been amazed at what is not detected in beta testing, but shows up early in production. Not to mention the patched problems that recur after some other bug is fixed. Part of the problem is the high complexity of software. Mildly concerned AI will lead to a real world version of Westworld (1973).
https://www.youtube.com/watch?v=JoUWNBcBKkA
https://www.youtube.com/watch?v=clPPxk3ZV2w
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Don't buy the 'Make Something Wonderful' Steve Jobs book on eBay, because the book is free...
$25k for a printed book seems a bit steep to me. As does millions for NFTs, $30k for a bitcoin, $50k for a pickup truck...
These seem to be priced on the greater fool theory.
People hope that a greater fool (than you) will be willing to pay more for the item when you are ready to sell.
I've never paid $25k for a vehicle, and the house I live in last sold on the open market for about $14k (in 1962).
As far as NFTs, bitcoin, $50k pickup trucks, or a hot off the presses book for $25k... Give me a break.
Seem to remember an Apple IIc ("C" for compact, ie, portable/luggable).
Suspect the built in color screen was just the team brainstorming a product.
The last of the Apple II line had a 3.5 inch floppy, but no built in color display or tape drive.
https://en.wikipedia.org/wiki/Apple_IIc_Plus
While the Apple II did not have color graphics hardware, Woz found a work-around that allowed some color graphics:
https://paleotronic.com/2018/10/03/apple-ii-colour-computer-graphics/
There is something to be said for having separate displays, keyboards, tape drives, floppy disk drives, DVDs/CDs drives...
Separate units allow upgrades between computer upgrades.
Since these things are mostly mechanical, they tend to have higher failure rates.
Having these separate tends to reduce maintenance costs.
I can remember not having a single color computer display in a medium sized business.
Management tended to think of color screens as extravagant, as grandparents/parents often thought of color TV.
Flat screen displays were also considered extravagant for a number of years, until costs came down. -
Warren Buffett has sold nearly all of his TSMC stock, citing geopolitical tensions
JP234 said:BlueLightning said:Buffett made most of his money in the insurance business.
He famously saved GE from bankruptcy around 2008-2009, then sold his investment at a big gain some years later.
By the way, he bought a class of shares and class of bonds that GE employees and most others could not buy.
I can think of several other investments he has sold after a few years (sometimes shorter).
Early in life, he was more of a cigar butt investor (very deep value). His first investment was around 1942.
Buffett has never invested in MSFT, to avoid possible insider trading due to friendship with the family.
Buffett has recently distanced himself from Bill Gates, due to recent information revealed during Gates divorce.
Suspect TSMC (TSM) will do just fine without Buffett's investment.
TSMC already has two foundries under construction in AZ (one should be producing chips shortly).
Mildly concerned that both TSMC and INTC are building several plants in areas prone to drought.
Plans exist to bomb plants in Taiwan, should China invade.
TSMC's approach is now being imitated by INTC, which just signed a big agreement with ARM.
INTC is spreading new foundries around the world.
Looks like IBM is also adding to chip foundries and partnerships in US, Japan and elsewhere (also has a long-standing Canadian chip plant).
TXN and many other chip manufacturers have expansion plans (many in areas other than computers or cell phones, such as cars and telecommunications).
There are very few US companies of any size that would not be affected by actions similar to those taken with Russia last year. The amount of bi-directional trade between the US and China is huge compared to the amount of trade that existed between the US and Russia. There are still a large number of companies trying to shut down Russian based operations. I believe MSFT either just finished, or is in the process of shutting down Russian operations. MCD and SBUX were relatively quick to shut down, if my memory is correct. MCD had about 800 Russian locations. Nokian Tires had Russian heavy duty tire plant(s) for military vehicles and earth movers. Some firms had their assets taken by Russia, some sold them for $1 to non-profits (sometimes Universities), some were able to sell assets for a fraction of book value. -
Man who claims to be Bitcoin creator eyes lawsuit against Apple