Wall Street Rallying is a Debt Rally (US Taxpayers Subsidising a Systematic Passage of Wealth)
- Dr. Roy Schestowitz
- 2023-07-23 01:01:44 UTC
- Modified: 2023-07-23 01:01:44 UTC
Earning money and borrowing money are two very different things
Summary: This coming week some companies like GAFAM will announce "results"; just remember that Wall Street valuations and share prices are speculative and fictional "prices" (partly influenced by buybacks, i.e. embezzlement), based upon faith and belief rather than true worth and actual potential; Twitter, for instance, was never worth 44 billion dollars. To give two more examples, Cloudflare Inc. has a market cap of 22.10B, but it cannot even make money. Spotify Technology SA is "valued" at 33.21B, but in the past year it lost about a billion dollar (it also has billions in debt).
Recent Techrights' Posts
- Double-Dipping the Docket for Microsoft Glory and Censorship of Microsoft Critics
- same lawyer, same barrister, all US, all Microsoft
- IBM: Less Than a Month's Severance for Each Decade of Service
- Yes, decade!
- The EPO, Europe's Largest Patent Office, Admits Outsourcing to Microsoft Slop
- Their sole goal is to make more money
-
- Microsoft's "FUD-as-a-Service" (Against Linux) Not Functioning Well
- This is the kind of contribution companies like Microsoft and Google have to offer to society
- Betanews Becoming a Slopfarm is "Betanews Growing Alongside You", According to Betanews
- Their first 'article' in over two weeks is 52% "AI-generated" (slop), 33% mixed (edited slop), 18% human-written, says an advanced scanner.
- Coffee Day and LLM Sloppers
- The LLM slop "bros" are a lot like fake-money bros; they lie to people, they boast that they lie to people, and they're generally bad people, BS artists in colloquial terms
- TheLayoff Censorship of IBM Threads Has Gone Truly Ludicrous
- we do not argue that TheLayoff should not cull LLM slop
- More Stallmanites Added to FSF Board and Summer Fundraiser Commences
- There's some good news from the FSF
- Gemini Links 17/06/2025: Consistency and Notes About NixOS
- Links for the day
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Monday, June 16, 2025
- IRC logs for Monday, June 16, 2025
- July 2 2025 Would Not be First Big Wave of Microsoft Layoffs Before Major National Holiday
- July 2 or 3 mark the start of a very long weekend in the US
- IDG's NetworkWorld Seems to Have Just Become LLM Slop
- If IDG (now controlled by China) does that in at least one site, why not the rest? Only a matter of time?
- Gemini Links 16/06/2025: Free Lunches and Bookmarklet for Mastodon
- Links for the day
- Gemini Protocol Turns 6 on Friday
- Active (online) Gemini capsules are estimated by Lupa at over 3,000
- Taking a Lesson From Denmark and Greenland? Iceland Shows New Lows for Windows, All-Time Highs for GNU/Linux
- If Microsoft sabotages systems of judges at the Hague (in order to appease the insane man who wanted to invade Greenland), why won't its neighbour Iceland take note?
- BetaNews Has Just Deleted Its Latest 'Article' or Got Cracked Again and Restored From Outdated Backup Again
- BetaNews seems to be in some serious trouble right now
- Software Freedom is "Activism" Because the Corporate Agenda Revolves Around Bribery, Deceit, and Betrayal
- At the end Software Freedom will win because it's on the same side as truth and lawfulness
- Links 16/06/2025: EchoLeak and NASA Teaming up With India
- Links for the day
- The Better the Understanding or the More Nations Understand the Threat Posed by Microsoft, the Faster It'll be Eradicated
- We believe that the thing to advocate is self-hosting and Free software... A lack of simplicity or absence of alternatives is a form of vendor lock-in
- A Week of Sunlight
- They say transparency is like sunlight to a vampire
- "Linux" Sites That Went Astray
- there are even worse things than shutdowns
- Links 16/06/2025: Climate, Wildfires, Breaches, and Monopolies
- Links for the day
- Links 16/06/2025: Summer in Finland and Misunderstandings
- Links for the day
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Sunday, June 15, 2025
- IRC logs for Sunday, June 15, 2025
- Gemini Links 15/06/2025: Rainy Season and OpenDocument Format (ODF)
- Links for the day
- Links 15/06/2025: Military Games, Parade, and Actions
- Links for the day
- Links 15/06/2025: Windows TCO, Openwashing, and Wars
- Links for the day
- Gemini Links 15/06/2025: "AI Fatigue and Crappiness"
- Links for the day
- When Abusive Law Firms (Working for Microsofters Against Us) Assert That Someone Writing in Social Media About Himself is Confidential Information
- There was no reason to throw "GDPR" into 2 SLAPPs; they know it, but the goal was to increase the cost of a Defence and lessen the incentive to challenge the SLAPPs
- Microsoft Attack Dogs Against Watchdogs and Guard Dogs in Software
- Last year Microsofters hired attack dogs or "guns for hire"
- Slop Cannot Replace Domain Expertise
- All this "AI" hype (it's not even intelligence, it's all a misnomer, as many of us have insisted all along) will fizzle and be written off as a failed experiment
- IBM's Fresh 'PIPs' (Action Before Layoffs)
- At times like these, even once-reputable employers resort to PIPs and other procedures/tricks for denial of workers' rights
- Microsoft is a Problem Not Just for Denmark
- Every country should consider what Denmark is doing, why Denmark is doing it, and then do the same
- The Slopfarms' Self Detonation
- If more sites like BetaNews go under, then maybe we can still salvage some of the Web
- Over at Tux Machines...
- GNU/Linux news for the past day
- IRC Proceedings: Saturday, June 14, 2025
- IRC logs for Saturday, June 14, 2025