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Beeftweeter posted:at the same time with elon's pie in the sky promises and tesla's dwindling talent, the board of directors is probably thinking they'd need acquisitions to make anything he's saying a reality as Delaware courts have confirmed the directors are thinking whatever elon wants them to think but no debt gives them lots of opportunity the funniest option? maybe commercial real estate. or ibm.
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Apr 24, 2024 19:18
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evilweasel posted:yeah: i have been convinced by 1 and 2 for a while that tesla at that time was relentlessly cooking the books. they had similar issues with chief legal roles too, where people were getting jobs they weren't qualified for and were huge career-makers, and then suddenly realizing they want any job but that one. but i don't know they're still doing it - but given how much of musk's net worth is tesla stock it seems likely they're gonna start again they've had a ton of turnover in the past two weeks even. their head of investor relations left yesterday, literally right after their earnings call. there's definitely something fishy there
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Apr 24, 2024 19:22
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in a well actually posted:as Delaware courts have confirmed the directors are thinking whatever elon wants them to think i think buying ibm would be impossible for elon. the federal government would never allow it
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Apr 24, 2024 19:22
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Lain Iwakura posted:i cannot wait for elon to pull a roth and do this. like what would tesla buy? i guess they could go and grab companies like rivian or lucid much to the delight of detroit's automakers? this is an area i do not have a lot of knowledge in personally I've no idea what Tesla could buy now, but I wonder if Hyundai's acquisition of Boston Dynamics (announced Dec. 2020, closed June 2021) is what inspired the stupid dancer-in-a-suit Tesla Bot announcement (Aug. 2021) good thing that the Tesla board hired a leader who is definitely thinking very deep thoughts about this stuff, instead of spending all day every day posting racist memes while full of ketamine and hgh
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Apr 24, 2024 19:25
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Lain Iwakura posted:i think buying ibm would be impossible for elon. the federal government would never allow it They let him launch their spy satellites. I am sure they could firewall ibm federal or whatever they care about.
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Apr 24, 2024 19:27
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Lain Iwakura posted:i think buying ibm would be impossible for elon. the federal government would never allow it that's true, also their market cap kind of makes that hard with tesla's free cash flow, i closed the tab on the 10-Q but i think it was ~$50 billion commercial real estate seems like a good possibility though. hell they're already kinda doing that by announcing new factories that never materialize, and there's always elon's company city in texas that could use some "new" investment
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Apr 24, 2024 19:27
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Luigi Thirty posted:https://x.com/elonmusk/status/1782845478801117567 gently caress you elon. rear end in a top hat. go burn in a car fire.
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Apr 24, 2024 19:30
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I'm sure the banks that are still holding twitter paper would write some loans think of it as aol time warner
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Apr 24, 2024 19:32
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Roosevelt posted:gently caress you elon. rear end in a top hat. go burn in a car fire. isn't hakeem jeffries the head of the congressional black caucus (as well as being minority leader)? if so, seems like he'd be concerned with people of color e: minority leader in the house. not that "minority" lol
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Apr 24, 2024 20:08
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Beeftweeter posted:isn't hakeem jeffries the head of the congressional black caucus (as well as being minority leader)? if so, seems like he'd be concerned with people of color They're both being dumb imo. Jeffries is trying to score some pointless political points by framing it that way for NPR liberals instead of just saying "we also included aid to humanitarian disasters in parts of the world usually ignored by news coverage, etc" Musk is just being a racist shitbird.
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Apr 24, 2024 20:31
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Beeftweeter posted:nobody is doing this it's happening often enough that a lot of people are noticing and getting annoyed. if the stock crashes, that's worth posting. babbling about why it might have gone up or down by 5 dollars today (i don't know or care who cathy wood is) is not interesting. same deal as musk retweeting some nazi. we all know it happens. it's not interesting. no need to post it
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Apr 24, 2024 20:37
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FAUXTON posted:did anyone call it the Actual Lee yet "never drive uphill, me boys" but it was too late please call a tow truck
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Apr 24, 2024 20:39
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Sagebrush posted:it's happening often enough that a lot of people are noticing and getting annoyed. if the stock crashes, that's worth posting. babbling about why it might have gone up or down by 5 dollars today (i don't know or care who cathy wood is) is not interesting. settle down. tesla's quarterly results were yesterday
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Apr 24, 2024 20:42
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I was probably part of the problem in terms of posting about the stock but I do try and focus only on a) when it drops a lot because that's funny b) how it behaves around quarterly reports
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Apr 24, 2024 20:43
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yeah, unless it drops a lot i promise you in probably a day (eh, and a half) from now we will have moved on
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Apr 24, 2024 20:46
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DID SOMEONE SAY NORTEL?!?!?!?!?!?!?! This is a really good 2 part series on why nortel so hard. https://www.youtube.com/watch?v=I6xwMIUPHss https://www.youtube.com/watch?v=sDdC3-LT7pM
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Apr 24, 2024 20:56
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Beeftweeter posted:so that kinda answers my question about optimus i guess. their entire R&D expenditure for the quarter was $1.15 billion, compared to $771 million in 2023 Just curious how these numbers add up? Less than a billion in one quarter does not sound like it adds to $12B over the year. R&D in a tech company is almost entirely human resources, so tripling the spend one quarter then shrinking it down again represents an enormous turnover of people.
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Apr 24, 2024 20:58
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https://www.theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes posted:Oxford shuts down institute run by Elon Musk-backed philosopher what is it with these guys who can't stop thinking about nukes and saying the N-word
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Apr 24, 2024 21:13
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Lead out in cuffs posted:Just curious how these numbers add up? Less than a billion in one quarter does not sound like it adds to $12B over the year. R&D in a tech company is almost entirely human resources, so tripling the spend one quarter then shrinking it down again represents an enormous turnover of people. lol they don't, i got distracted by my dog while i was writing that and i guess i continued the thought while thinking i was talking about it being a monthly expenditure so that'd be less than $4 billion last year, total, then but either way i'd think "research and development" meant, well, that, and not "human resources"
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Apr 24, 2024 21:15
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shackleford posted:what is it with these guys who can't stop thinking about nukes and saying the N-word can't believe the stupid bullshit foundation ran out of money when elon lost interest and also that the guy he threw money at is a racist
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Apr 24, 2024 21:18
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shackleford posted:what is it with these guys who can't stop thinking about nukes and saying the N-word quote:Bostrom – who popularized the theory that humanity may be living in a simulation The man guilty of making me listen to people talk about this like it is a real thing deserves a harsher punishment than just losing his job.
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Apr 24, 2024 21:19
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Cactrot posted:The man guilty of making me listen to people talk about this like it is a real thing deserves a harsher punishment than just losing his job. yeah, i was thinking that's probably the "headwinds" in the article, lol. something tells me that the oxford philosophy department probably cares less about him being a racist than just an annoying moron
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Apr 24, 2024 21:22
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Beeftweeter posted:lol they don't, i got distracted by my dog while i was writing that and i guess i continued the thought while thinking i was talking about it being a monthly expenditure Oh no I just mean that it's mostly salaries, office space, benefits, etc. Actual materials are an expense but relatively small unless you're trying to build a fusion plant or something.
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Apr 24, 2024 21:22
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Lain Iwakura posted:looking at this, i wish it had more context. being that there were rumours of bugs having been placed at their headquarters, if true and defence was just trying to hide this fact, they had physical access to these computers which as you know, all bets are off especially in the early 00s. unfortunately it would require getting ahold of firmware from that point in time and then reversing 25-year old code, which would probably be unpleasant and only rewarding for clout reasons https://www.bnnbloomberg.ca/did-a-chinese-hack-kill-canada-s-greatest-tech-company-1.1459269 a more recent article with more background and a better timeline. no real technical details of course and they spend most of their time speculating about the timing wrt huawei's ascendance, but it's something. quote:Nortel’s giddy, gilded growth also made it a target. Starting in the late 1990s, the Canadian Security Intelligence Service, the country’s version of the CIA, became aware of “unusual traffic,” suggesting that hackers in China were stealing data and documents from Ottawa. “We went to Nortel in Ottawa, and we told the executives, ‘They’re sucking your intellectual property out,’ ” says Michel Juneau-Katsuya, who headed the agency’s Asia-Pacific unit at the time. “They didn’t do anything.”
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Apr 24, 2024 21:24
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Lead out in cuffs posted:Oh no I just mean that it's mostly salaries, office space, benefits, etc. Actual materials are an expense but relatively small unless you're trying to build a fusion plant or something. ah — well, they are undoubtedly burning a shitload of cash on elon's dumb whims, but who knows, you're right that the churn is probably contributing a lot there, too. it all wasn't itemized in the table i saw but it could be elsewhere i suppose
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Apr 24, 2024 21:26
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holy lol
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Apr 24, 2024 21:30
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Beeftweeter posted:yeah, i was thinking that's probably the "headwinds" in the article, lol. something tells me that the oxford philosophy department probably cares less about him being a racist than just an annoying moron it's definitely "annoying moron" getting caught having sent some racist stuff to a mailing list three decades ago wouldn't sink anyone's career. that's something that can easily be fixed with an apology letter and a promise to never do it again on the other hand, when someone does that but half their apology letter is dedicated to a defense of eugenics, that's what makes people start thinking they probably don't want to be associated with that person anymore
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Apr 24, 2024 21:31
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infernal machines posted:https://www.bnnbloomberg.ca/did-a-chinese-hack-kill-canada-s-greatest-tech-company-1.1459269 god. if nortel were a company in the 2010s with this poo poo going on, i would have been posting so hard about it in secfuck. huawei's ascendance largely came out of reverse engineering cisco and partnering with nortel--i am not a subscriber to the idea that they lifted from nortel through espionage
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Apr 24, 2024 21:32
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Main Paineframe posted:it's definitely "annoying moron" yeah exactly, plus i'm sure if any of them spent any extensive time around the guy he'd eventually opine on race, seems like the type lol
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Apr 24, 2024 21:33
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Main Paineframe posted:it's definitely "annoying moron" that's less that they disagree with him though and more that he's saying the quiet part out loud, which you dont do in refined society
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Apr 24, 2024 21:35
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mrmcd posted:They're both being dumb imo. Jeffries is trying to score some pointless political points by framing it that way for NPR liberals instead of just saying "we also included aid to humanitarian disasters in parts of the world usually ignored by news coverage, etc" yeah i get that, but otoh it’s precisely because the affected are people of color that these things get ignored and drop off the news. so like i’m pretty much fine with the original tweet as it is, it correctly points that out (indirectly). and i’ll just add that “income based” is hilarious when we’re talking about disasters in other countries. you can’t just like go “bing bong kenyans make 66 dollars per day* so they deserve a billion; whereas vanuatans make 5 dollars per day so they get 10 billion”. that’s absolutely not how it works *numbers are made up you get the idea
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Apr 24, 2024 21:36
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Lain Iwakura posted:i think buying ibm would be impossible for elon. the federal government would never allow it IBM has a history of helping Nazis though.
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Apr 24, 2024 21:40
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i’m glad the effective altruist movement is being disgraced often these days. sbf is a hero for championing it so hard, doing exactly what effective altruists say they’ll do, then blowing up his company and going to jail for 25 years while publicly being owned for being an effective altruist absolutely a legend to disgrace the movement like that.
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Apr 24, 2024 21:41
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Lain Iwakura posted:god. if nortel were a company in the 2010s with this poo poo going on, i would have been posting so hard about it in secfuck. huawei's ascendance largely came out of reverse engineering cisco and partnering with nortel--i am not a subscriber to the idea that they lifted from nortel through espionage it seems pretty likely they were able to skip over a ton of hurdles because of espionage though e: maybe not huawei directly, but the sector in china in general. they weren't like, technologically backwards back then, but they weren't really indigenously competitive with western tech companies (or even eastern now-peers like japan) Beeftweeter fucked around with this message at 21:46 on Apr 24, 2024 |
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Apr 24, 2024 21:41
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Lain Iwakura posted:god. if nortel were a company in the 2010s with this poo poo going on, i would have been posting so hard about it in secfuck. huawei's ascendance largely came out of reverse engineering cisco and partnering with nortel--i am not a subscriber to the idea that they lifted from nortel through espionage yeah, but everyone loves a conspiracy and what better way to explain the death of canada's tech darling? the fact that this stuff was being published in 2020 probably has more to do with our current geopolitical climate than anything that actually happened at the turn of the century, but the breach was by all accounts pretty egregious
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Apr 24, 2024 21:56
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Beeftweeter posted:it seems pretty likely they were able to skip over a ton of hurdles because of espionage though i think that this is a reasonable opinion. tech companies are incestuous so even if not directly, they likely did benefit indirectly gschmidl posted:IBM has a history of helping Nazis though. i mean, you're not wrong
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Apr 24, 2024 21:57
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infernal machines posted:yeah, but everyone loves a conspiracy and what better way to explain the death of canada's tech darling? the fact that this stuff was being published in 2020 probably has more to do with our current geopolitical climate than anything that actually happened at the turn of the century, but the breach was by all accounts pretty egregious during this time, huawei was on the verge of being banned from operating 5g network infrastructure so yeah. that said, sorry for derailing the tesla thread with talk about nortel, but it was hard to not make these comparisons the moment i saw poo poo about GAAP EPS
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Apr 24, 2024 22:04
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i prefer your taking stock of nortel to the thread's takes on stocks 
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Apr 24, 2024 22:15
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Eeyo posted:i’m glad the effective altruist movement is being disgraced often these days. love how many "longtermists" seem to think that climate change is no biggie because it 'probably' won't make humanity extinct Improbable Lobster fucked around with this message at 22:32 on Apr 24, 2024 |
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Apr 24, 2024 22:28
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Improbable Lobster posted:love how many "longtermists" seemt o think that climate change is no biggie because it 'probably' won't make humanity extinct more smart white babies -> free unlimited energy -> we all live in floating air conditioned domes in the sky. Simple as
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