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Oracle posted:No this is legit, military's been warning them about their potential 5G security issues for years. Then after they found the tiny little microchips on motherboards all that doomsaying took on new urgency. All the tech companies involved in this story deny it, and no other reporting outfit has collaborated the reporting (and they tried). It is probably not true. Having said that, you'd be dumb to assume huawei is not in bed with the chinese government (much like you'd be dumb to assume US based vendors don't also have backdoors)
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May 15, 2019 02:59
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As far as I've seen that Bloomberg article is the only "first-hand" source of those accusations. I absolutely don't doubt the possibility, and probability, that the Chinese government had Huawei add some back-door tech to some of their hardware. This is something that has been talked about for years that the US itself was doing with Cisco's, and others, networking hardware around the globe. However, consider the timing of that article. Huawei surpasses Apple in mobile sales in China, its largest foreign market. Apple was at the time the largest US company (and, depending on the day, still is; at least in the top three, along with Amazon and Microsoft). Trump has complained about China even before his presidency, writing years ago how he wanted a chance to negotiate with them. We are currently in a state of *national emergency* due to the trade war with China. Maybe I'm being ludicrous, but I'm honestly having a hard time believing that the entire Huawei spying thing is more than an orchestrated effort by the US to maintain technological influence globally. There's no better distraction than singling someone else out for doing the exact same thing you are. My fear is that there's no real solution to this. If the US is doing it then China is doing it then the US is doing it etc etc. Given the current global economic climate I'm not optimistic about the possible scenarios that will play out as a result of the world's two largest economic powers playing a game of tug-o-war with international trade. I feel that the point at which one side prohibits the other from doing business in its country entirely is a huge "line in the sand". Historically, trade disputes often preface actual war.
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May 15, 2019 03:14
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Huawei is basically Chinese State Cybercrimes: The Company. It's not a recent phenomenon.
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May 15, 2019 03:33
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Fuligin posted:more shoddy than shady tbh And more than a little shonky.
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May 15, 2019 07:59
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LiterallyAnything posted:As far as I've seen that Bloomberg article is the only "first-hand" source of those accusations. I absolutely don't doubt the possibility, and probability, that the Chinese government had Huawei add some back-door tech to some of their hardware. This is something that has been talked about for years that the US itself was doing with Cisco's, and others, networking hardware around the globe. Trump (and to a lesser extent the Republican Party as a whole) doesn’t give a poo poo about Apple or any tech stock that’s not a fracking company or loving PayPal. It’s not where their voters are and it’s not where their donors are.
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May 15, 2019 08:58
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LiterallyAnything posted:However, consider the timing of that article. Huawei surpasses Apple in mobile sales in China, its largest foreign market. Apple was at the time the largest US company (and, depending on the day, still is; at least in the top three, along with Amazon and Microsoft). Trump has complained about China even before his presidency, writing years ago how he wanted a chance to negotiate with them. We are currently in a state of *national emergency* due to the trade war with China. Maybe I'm being ludicrous, but I'm honestly having a hard time believing that the entire Huawei spying thing is more than an orchestrated effort by the US to maintain technological influence globally. There's no better distraction than singling someone else out for doing the exact same thing you are. (That's not to say that Huawei necessarily isn't inserting backdoors or whatever). mystes fucked around with this message at 14:01 on May 15, 2019 |
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May 15, 2019 13:59
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https://twitter.com/washingtonpost/status/1128488075427024897?s=19
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May 15, 2019 18:33
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Tank u 4 yur cervix, respekt ARE TROOPS!
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May 15, 2019 20:09
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LiterallyAnything posted:As far as I've seen that Bloomberg article is the only "first-hand" source of those accusations. I absolutely don't doubt the possibility, and probability, that the Chinese government had Huawei add some back-door tech to some of their hardware. This is something that has been talked about for years that the US itself was doing with Cisco's, and others, networking hardware around the globe. The authors of the Bloomberg article also have a history of making poo poo up: https://twitter.com/RobertMLee/status/1049620616087838720 Also, the only named source in the article said the reporters had asked him about a bunch of theoretical stuff, then basically reported all of that as fact, which means either he's shockingly good at predicting the future, or they were just taking his hypotheticals and spinning a tale out of them.
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May 15, 2019 21:21
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There was never any evidence for the Super Micro story, it's very shady. Hackaday did a follow up https://hackaday.com/2019/05/14/what-happened-with-supermicro/
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May 16, 2019 13:09
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Lying like usual 
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https://www.cnn.com/2019/05/17/politics/bernie-sanders-charter-schools-ban/index.htmlquote:(CNN)In a major education policy speech set to be delivered Saturday, Sen. Bernie Sanders will call for a ban on all for-profit charter schools, a position that puts him directly at odds with the Trump administration and becoming the first of the 2020 Democratic presidential candidates to insist on such a move.
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May 18, 2019 06:27
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loving good. gently caress charter schools so goddamn much. I cannot describe to you how horrible my experience being in one for two grades was.
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May 18, 2019 07:27
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Captain Invictus posted:loving good. gently caress charter schools so goddamn much. I cannot describe to you how horrible my experience being in one for two grades was. This looks like it's... not a great proposal. for-profit charters are rare and nonprofit charters are every bit as prone to abuse and far, far more common. As expressed, there's also relatively little likelihood this would survive legal challenge. I hate charters every bit as much as you, but it's not clear this actually addresses anything or can even function as policy.
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May 18, 2019 17:27
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Discendo Vox posted:As expressed, there's also relatively little likelihood this would survive legal challenge.
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May 18, 2019 18:12
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Discendo Vox posted:This looks like it's... not a great proposal. for-profit charters are rare and nonprofit charters are every bit as prone to abuse and far, far more common. As expressed, there's also relatively little likelihood this would survive legal challenge. I hate charters every bit as much as you, but it's not clear this actually addresses anything or can even function as policy. Yep, nonprofits can have management extracting wealth for themselves in the same way as for profits. Without even the nominal restraint of accountability to the share holders. Edit: If the board can be captured either can be abused.
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May 18, 2019 18:49
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https://twitter.com/justinamash/status/1129831615952236546
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May 18, 2019 21:28
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I would like to say again that when we get all of the bastards up against the wall, between this and his attempted legislation on electronic privacy rights, Amash can go last and have a nice little smoke first. He's not hedging here, either, this is from later in the same chain: https://twitter.com/justinamash/status/1129831625691414528
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May 18, 2019 22:39
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It's not surprising. If someone was offering odds on who would be the first GOP house member to call for Trump's impeachment, Amash would have been the favorite going away.
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May 19, 2019 02:19
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I thought Amash was the Tea Party guy who had to call a meeting of lobbyists to his office to ask what a congressman even does.
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May 19, 2019 02:32
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DACK FAYDEN posted:I would like to say again that when we get all of the bastards up against the wall, between this and his attempted legislation on electronic privacy rights, Amash can go last and have a nice little smoke first. i am sorta curious if more will come out of the wood work or run against trump in the race. either way its an ok sign.
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May 19, 2019 03:18
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Pope Guilty posted:I thought Amash was the Tea Party guy who had to call a meeting of lobbyists to his office to ask what a congressman even does. Smarter than Trump.
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May 19, 2019 04:07
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Pope Guilty posted:I thought Amash was the Tea Party guy who had to call a meeting of lobbyists to his office to ask what a congressman even does.
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May 19, 2019 04:13
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Must be reading his Joe Walsh.
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May 19, 2019 04:20
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Pope Guilty posted:I thought Amash was the Tea Party guy who had to call a meeting of lobbyists to his office to ask what a congressman even does. For some reason I thought it was Tom Cotton, but at the same time I'm pretty sure it happened before that sheet cake eating buffoon got elected.
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May 19, 2019 04:33
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Gyges posted:For some reason I thought it was Tom Cotton, but at the same time I'm pretty sure it happened before that sheet cake eating buffoon got elected. I’m pretty sure it was Tom Cotton as well.
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May 19, 2019 04:43
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Gyges posted:For some reason I thought it was Tom Cotton, but at the same time I'm pretty sure it happened before that sheet cake eating buffoon got elected. i might have been him. it was one of the loud rear end in a top hat ones. they might be gone now since the house got purged.
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May 19, 2019 17:05
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Tech bubble o'clock: https://www.bloomberg.com/news/articles/2019-05-16/boom-in-dodgy-wall-street-deals-points-to-market-trouble-ahead quote:Junk bonds are flying out the door once again. Deeply indebted companies are borrowing even more to pay equity holders. And while you can’t say the megadeal IPOs got rushed to market, two that were held up as heralding a return to IPO glory days have been flops. It’s quickly turning Uber and Lyft into poster children for Wall Street eagerness amid an equity-market bounce that has all but banished memories of the worst fourth quarter in a decade.
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May 19, 2019 17:09
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Discendo Vox posted:This looks like it's... not a great proposal. for-profit charters are rare and nonprofit charters are every bit as prone to abuse and far, far more common. As expressed, there's also relatively little likelihood this would survive legal challenge. I hate charters every bit as much as you, but it's not clear this actually addresses anything or can even function as policy. Why not email the Bernster about it then? Someone from his team will read it.
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May 20, 2019 01:47
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Pembroke Fuse posted:Tech bubble o'clock: I'm not sure I buy it being a sign of impending bubble-pop (yet) when the alternative is "yay, let's unload this poo poo on the public even if it ends up being at a discount." Lyft and Uber are nearly identical companies each with such overhyped market relevance that I don't think we can even count them as N=2 for a pop. Even after dropping 1/3, Lyft's glorified taxi app, duplicated by multiple other companies and not even creating a new niche with its tech, is holding a >$10B valuation. Uber's current ~$70B market cap values it at more than the Hilton and Marriott hotel empires combined. Those are both insane by pretty much any reasonable metric I can think of. Sure, the fact that this stuff exists at these kinds of valuations at all means there's trouble ahead, but some banks trying to hype it to an even more unrealistic $120B last year doesn't indicate this is popping yet. Sundae fucked around with this message at 02:39 on May 20, 2019 |
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May 20, 2019 02:37
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Pembroke Fuse posted:Tech bubble o'clock: If we have a 2008-style crash under Trump, the words "we're all going to die" spring to mind.
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May 20, 2019 02:37
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Sodomy Hussein posted:If we have a 2008-style crash under Trump, the words "we're all going to die" spring to mind.
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May 20, 2019 03:07
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I'm a "comupter-toucher", so I'm definitely boned if the tech bubble bursts. That said, Silicon Valley is definitely going to crash.
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May 20, 2019 04:35
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Grouchio posted:Why we survived the last one. Or well at least my family did. Imagine 2008 but without TARP or the auto manufacturer and select industry bailouts.
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May 20, 2019 04:36
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Pembroke Fuse posted:Imagine 2008 but without TARP or the auto manufacturer and select industry bailouts. Or a competent leader with competent staff. The underlings would gently caress up something like a 2008 crash ten ways from Sunday and the guy pointing them in the wrong direction will be a narcissistic poo poo-gently caress with advanced dementia looking to personally profit off the situation.
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May 20, 2019 04:45
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Yall realize GWB was still president in 2008, right?
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May 20, 2019 05:11
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Sundae posted:I'm not sure I buy it being a sign of impending bubble-pop (yet) when the alternative is "yay, let's unload this poo poo on the public even if it ends up being at a discount." Lyft and Uber are nearly identical companies each with such overhyped market relevance that I don't think we can even count them as N=2 for a pop. I only see VCs and IBs accelerating the process of dumping endless amounts of cash into tech projects the limitations of which they don't actually understand or perhaps care to understand.
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May 20, 2019 05:15
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Moatman posted:Yall realize GWB was still president in 2008, right? The 2008 great recession happened at the tail end of 2008/beginning of 2009. Obama's team was responsible for implementing the paltry $700 billion-dollar TARP, along with some auto-bailouts and "for some reason" selling off Bear Stearns to JP Morgan. Obama hosed it up by not bailing out mortgage holders and jailing the bankers (or even implementing the much larger TARP that was recommended), but not nearly as badly as Trump would gently caress up any more recent version of a 2008 recession.
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May 20, 2019 05:20
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TARP was one of the last acts of W, not one of Obama's first.
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May 20, 2019 05:35
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Seattle has some pretty awesome looking fair housing laws that they're fighting to defend in court https://www.nbcnews.com/news/nbcblk/seattle-s-fair-housing-law-most-progressive-country-now-landlords-n1004321
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May 20, 2019 05:41
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