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10.27.14

How Bill Gates Continues to Pass Wealth From the Public to His Own Bank Account

Posted in Bill Gates, Finance at 11:56 am by Dr. Roy Schestowitz

Money can’t buy happiness, but it sure buys reality distortion

Finding money

Summary: Having put a universal tax on many things (not just computers) and evaded tax using the classic ‘charity’ trick, Gates is now buying the media, the schools, politicians etc. and earns as much as 10 billion dollars per year while the public is taught that Gates is a giver, not a hoarder of the worst kind

Bill Gates is following the trajectory of that infamous Rockefeller empire. He has systematically bribed the press at the cost of about a million dollars per day (on average) to tell us he gives away his money. Some people view him as a giver because of this paid-for propaganda, but he is actually getting $10bn (or ~7-8%) richer in just one year, based on last year which is not much different from previous years. This money comes from somewhere, or at the very least it represents the passage of power and wealth (possession).

According to this new article, “Bill Gates is the richest person in America with a fortune of $81.5 billion, up from $70.8 billion last year, according to Wealth-X.”

When will the media abandon this bogus narrative that Gates ‘gives back’ his wealth? He sure gives a small portion of it to the media in order for this media to fool the public. The corporate media is applauding him for getting richer as though that’s some kind of an achievement while actually characterising him as a giver, not a hoarder (which is by definition what happens when his wealth expands like this). It is just another Rockefeller-type PR plot. It is mostly working.

Gates not only uses the media to fool the public. He also uses schools and it indoctrinates pupils. As this new article puts it: “Gates has personally invested $10 million in the Big History Project, which has spread to about 1,200 schools since it launched in 2011.”

That is just a small fraction (a thousandth) of what he earned in one single year and millions of young people are now mentally controlled by a plutocrat and those who financially depend on him.

Billionaires rewriting history is a classic problem as those who can rewrite history can dominate the future. Watch how some vicious people are now celebrated in schools as heroes. This other new article refers to it as the “Gates Foundation’s reckless experimentation” with the school (indoctrination) system in the US and it is far from the only such article. Many teachers are fed up and pissed off by this. There are public protests which only Gates-sponsored media seems inherently resistant to coverage of (unless it’s for demonising the protesters). A publication may develop a sort of sixth sense, knowing that criticising or upsetting Gates would discourage money awards from him or almost certainly stop any further awards from him. It’s a form of systemic bribes, like those which corporations give to politicians.

The propaganda machine continues to be effective, however, as many newspapers are still bribed by Gates and they routinely show the impact of these financial strings. The Guardian , for example, is a good example of Gates bribing the press in the UK (he even bribes the biggest players such as the BBC, repeatedly even).

Having bribed The Guardian (whereupon it stopped criticising him and his horrible impact through industrial partners like Monsanto) this college dropout, Bill Gates, is now treated by The Guardian as an Ebola ‘expert’ (see puff piece without any disclosure).

Other publications he bribes treat him like an economist, but some show that he does not grasp economics and he has the nerve to blame others for not paying tax (or encouraging further taxation on those whom he is taxing) while he uses his fake ‘charity’ to avoid paying tax. Yes, he points his fingers at poor people or middle-class people when he himself evades tax using a classic trick. He still works on privatising land1, 2]. That’s when when one seeks to profit from what’s public, having reached or exceeded the limit of one’s greed.

09.22.14

More of Bill Gates’ Investments in GMO and Mass Indoctrination Under the Disguise of ‘Donations’

Posted in Bill Gates, Finance at 11:46 am by Dr. Roy Schestowitz

Valerie Strauss

Summary: Microsoft’s arrogant and famously corrupt co-founder is taken to task by those whom he is trying to bamboozle for monopoly, unlimited cross-generational power, and never-ending profit without risk

THE Gates Foundation is a very megalomaniac organisation. It is Gates’ ego and money-harvesting operation. It is tax exempt because it masquerades as a charity while the reality of the matter is, as reiterated by this report about Cascade Investment LLC, the primary goal is profit, not giving. The article from The Wall Street Journal (owned by a friendly billionaire) and other Wall Street press tries to trivialise it like “The arrangement is simple: Mr. Larson makes money, and Mr. Gates gives it away.” Giving it away to whom? Putting the PR offensives aside (health-washing and education-washing), consider articles like this new one titled “Bill Gates Donates $5.6 Million to Cornell: University that Helped Monsanto Promote GMO rBST”. Unsurprisingly, Bill Gates is a big investor in Monsanto. What a coincidence. Science, charity, education — surely! Or maybe just self interest, greed, and ultimately profit?

In the media, which a lot of the time gets bribed by Gates (he spends around $300 million per year paying media companies), Gates is portrayed as one who supports poor students, poor academics in need of funding, and the solution to world hunger, disease, etc. It could not be further from the truth if one actually looks what he invests in (for profit). It’s a diversion tactic, tactfully implemented and maintained.

“In the media, which a lot of the time gets bribed by Gates (he spends around $300 million per year paying media companies), Gates is portrayed as one who supports poor students, poor academics in need of funding, and the solution to world hunger, disease, etc.”Bill Gates paid The Guardian a lot of money for sponsorship, puff pieces, fake endorsements (at the top of thousands of article), and for silence (i.e. no criticism) on Gates investments.

“Comment is free”, a section of this paper that Gates controls only to a lesser degree (he has already bribed it for silence and grooming, but silencing contributors is a tougher challenge), published the other day an article title “Why the Big History project funded by Bill Gates is alarming”. The article is summarised as follows: “As UK state schools increasingly follow the US model, someone with no background in education could disrupt the learning of thousands of children” (“Big History” is similar to “Common Core” in the buzzword sense. A lot of it started in the paper/journal of record which Gates likes to visit to push his agenda).

Remember what Gates does to occupy the education system (currently through “Common Core”) and what he has done to capture British schools as well (indoctrination), not just British policing. An article by Valerie Strauss, a longtime critic of Gates, was published in a competing journal of record (from which the Gates family got kicked out after misconduct). It is an article titled “Bill Gates wants your kids to learn history this way — and he’s paying to get it into schools”. It’s about the same issue. It’s worth reading.

The bottom line is simple. Be aware that a lot of the press gets paid by Bill and Melinda to praise them. It’s not a donation but a request with strings attached to money. It all helps distract from other evil business practices that Mr. Gates uses to make himself even richer (while pretending to be giving away money).

Thankfully, a lot more people have become aware of this in recent years. Gates’ information warfare is not working quite as he once hoped. It is especially hard to bamboozle educators by preying on ignorance. Teachers have become some of his most vocal critics and they are thirsty for knowledge about Gates’ real motivations, which have nothing to do with human welfare; it’s about corporate welfare of companies that Gates invests in.

Bill has always worked for Bill. Never for the world, which to him is merely a resource for exploitation.

09.01.14

Korean Press Slams Microsoft Over Patent Extortion Against Linux/Android as New Abuses Resurface

Posted in Finance, Microsoft, Patents at 2:34 pm by Dr. Roy Schestowitz

Is this BusinessKorea’s depiction of Elop and Ballmer?

Nokia trolls
Image from BusinessKorea

Summary: Harsh words from the national press of South Korea as Nokia’s role in Microsoft’s anti-Linux tactics becomes more apparent

MICROSOFT is a big loser, but a dangerous loser nonetheless. Microsoft is above the law in many countries and it knows it. So, inevitably, Microsoft acts like it always has and it resorts to criminal activities in an attempt to destroy the competition. It’s just the same old Microsoft, acting like a spoiled brat and a bully.

Last week the Korean press was portraying Microsoft and Nokia as trolls (pay attention to the photos in this article). To quote the opening paragraphs:

Korean Industry Demanding Measures against Patent Offensives by Nokia, Microsoft

The local electronics industry is demanding stricter conditions for the approval of Microsoft’s purchase of Nokia by the Korea Fair Trade Commission (FTC). The demand is attributable to the fact that those conditions will inevitably have a huge influence on the industry.

Remember that the criminals from Microsoft (crimes like racketeering and conspiracy to extort from multiple directions, patent-stacking, etc.) recently sued the increasingly-confused Samsung, which became a litigation/extortion target of Nokia (e.g. via MOSAID) and Microsoft trolling.

European regulators have already warned about this. They seem to know what Microsoft is up to. For those who still insist that Microsoft is not a crime syndicate masquerading as a company this report can serve as a reminder:

Business Korea has just published a very provocative piece that depicts a monstrous troll attacking its home country’s pride and joy, Samsung. That troll, you’ll be surprised to learn, is Nokia.

The reason for this is easy to understand: Samsung may be forced to pay one of the history’s biggest patent royalty sums to Nokia, and fellow Korean electronics titan LG is not scot free, either.

What unleashed the beast in the Finnish company was its decision to sell its handset division to Microsoft a while back. As long as Nokia was a phone company, it was bound by a web of cross-licensing deals limiting how much it can charge for its thousands of handset-related patents. Nokia needed to use both essential and non-essential patents held by Samsung, Apple, Motorola and other industry giants, which put a rather severe cap on how much it could charge other phone vendors.

Microsoft is not even interested in Nokia as a producing company, based on recent layoffs that affect Finland while Microsoft is avoiding many billions in tax. As one of the latest articles put it, “Microsoft’s Staggering Tax Dodge Alone Would Fund the Entire State of Washington for Two Years”. This was pointed out by a former Microsoft employee who protested against this, but suddenly it’s all news again:

Reading companies’ annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though, there is a significant revelation in the paperwork. This year, one of the most important revelations came from Microsoft’s filings, which spotlighted how the tax code allows corporations to enjoy the benefits of American citizenship yet avoid paying U.S. taxes.

According to the SEC documents, the company is sitting on almost $29.6 billion it would owe in U.S. taxes if it repatriated the $92.9 billion of earnings it is keeping offshore. That amount of money represents a significant spike from prior years.

When people insist there there is a ‘new’ and reformed Microsoft be sure to recall and pointed the racketeering, the massive tax evasion, and many more of Microsoft systemic abuses. The company deserves to have no more than zero employees, or many who are in prison. But when corporations control politics this is unlikely to happen any time soon. The criminals not only get away with crime; they get wealthy and they hide their wealth from the state.

08.26.14

Microsoft’s Massive Tax Evasion Becomes Better Known

Posted in Bill Gates, Finance, Fraud, Microsoft at 11:26 am by Dr. Roy Schestowitz

Summary: A new report about Microsoft’s admission that it plays dirty tricks with tax (sometimes using moles in government) is increasing awareness of Microsoft’s criminal aspects

Microsoft does not like paying tax. Microsoft is above the law, so why should it bother paying tax? Just like Bill Gates it is robbing the public while pretending to have little to do with national deficit, Microsoft is actually looting the US and many other parts of the world where it uses similar tricks. India found Microsoft guilty half a decade ago.

Last week when we wrote about Chile we mentioned reports about Microsoft’s colossal tax evasion. Professor Diane Ravitch, who has been watching Gates for years and called for investigation against him, responded as follows:

That kind of money, repatriated to the United States, could underwrite prenatal care for low-income women, provide early childhood education for all low-income children, underwrite medical clinics in low-income communities, and save public education in cities like Detroit and Philadelphia, where it is in dire peril. Imagine $550 billion invested in the well-being of our children! Imagine using that money to reduce our child poverty rate, which is currently the highest among the advanced nations of the world.

The comments are worth seeing too. To quote the first comment: “Perhaps it’s time for Bill Gates teflon coated self be put in jail for tax evasion, after he coughs up back taxes…..One can have hope or fantisize”

The other comments focus on Gates’ corrupt characters and are hardly any favourable than the above.

03.26.14

More Economic Injustices and New Bitcoin FUD

Posted in Finance at 4:38 am by Dr. Roy Schestowitz

Forex

UK

  • Six More Years of Tory Rule

    The raison d’etre of the Tories is to ensure the state runs smoothly in the interest of the 1% of the population who own 70% of the wealth. Blair made sure New Labour had the same objective, the only purpose of the party structures now being as career ladders for the likes of Blair to join the 1%.

  • DWP plans to ditch ridiculed jobs website

    Universal Jobmatch set to be jettisoned after it was found to be carrying a series of fake, repeat or fraudulent jobs ads

  • Councils using controversial lie detector tests to catch benefit fraudsters

    ‘Voice risk analysis’ being used by 24 English authorities at a cost of millions – despite scientists’ claims that it ‘does nothing’

  • Figures show huge rise in zero-hours contracts

    The scale of the use of zero-hours contracts has been revealed after a revision of official figures showed that nearly 583,000 employees – more than double the government’s estimate – were forced to sign up to the controversial conditions last year.

    A “rising tide of insecurity” in the job market since the last election was allowing employers to turn a “once marginal and niche element of the labour market” into the norm, Labour claimed on Sunday evening.

  • Age UK sounds alarm over cuts to care for older people
  • Report reveals little evidence foreign migrants put British workers out of jobs

    Conservatives insist official study, previously blocked by Downing St, supports their policy of reducing net immigration

  • London’s Laundry Business

    The city has changed. The buses are still dirty, the people are still passive-aggressive, but something about London has changed. You can see signs of it everywhere. The townhouses in the capital’s poshest districts are empty; they have been sold to Russian oligarchs and Qatari princes.

    [..]

    But Britain has already undermined any unified action by putting bankers’ profits first.

Europe

  • Profiting from crisis – How corporations and lawyers are scavenging profits from Europe’s crisis countries

    Since the economic crisis hit Europe, international investors have begun suing EU countries struggling under austerity and recession for a loss of expected profits, using international trade and investment agreements. This is revealed by a new report released today by the Transnational Institute and Corporate Europe Observatory. The investors – and the lawyers involved – are scavenging for profits amidst crisis-hit nations, providing a salutary warning of the potential high costsof the proposed trade deal between the US and the EU, which start its fourth round of negotiations today in Brussels.

US

  • WOW! Look at 10 Years of Fast Food Price Inflation!
  • Wealth Over Work
  • Who Needs a Boss?

    Arizmendi and its five sister bakeries in the Bay Area are worker-owned cooperatives, an age-old business model that has lately attracted renewed interest as a possible antidote to some of our most persistent economic ills. Most co-ops in the U.S. are smaller than Arizmendi, with around a dozen employees, but the largest, Cooperative Home Care Associates in the Bronx, has about 2,000. That’s hardly the organizational structure’s upper limit. In fact, Arizmendi was named for a Spanish priest and labor organizer in Basque country, José María Arizmendiarrieta. He founded what eventually became the Mondragon Corporation, now one of the region’s biggest employers, with more than 60,000 members and 14 billion euro in revenue. And it’s still a co-op.

  • What I learned from a shoeless Mark Cuban at SXSW

    To join EO, your company must be raking in at least $1 million in revenue, so I suddenly found myself surrounded by well-dressed, well-connected go-getters in fancy shoes, mingling and networking while waiting to pick the brain of one of America’s most charismatic billionaires. I rolled up in a hotel shuttle van, wearing dirty, fake-leather boots and a giant backpack of phone chargers and miscellaneous swag—the only person wearing a SXSW badge, my event nametag handwritten with Sharpie instead of laser-printed, my thrifted jacket soggy with the rain that had pelted downtown’s festival grounds all morning.

  • Regulator’s 10% spending rule set to ‘take the crowd out of crowdfunding’

    Financial Conduct Authority wants to prevent ordinary investors using more than 10% of their savings buying shares in peer-to-peer funded companies

  • Box IPO papers reveal it’s losing money in a big way

    Box has capitalized on the growing popularity among businesses of storing data in the cloud, where it can be accessed from a variety of devices including smartphones and tablets, giving employees more flexibility.

Bitcoin

03.06.14

Bitcoin Increasingly Adopted, Increasingly Smeared

Posted in Finance, FUD at 9:25 am by Dr. Roy Schestowitz

Summary: A look at one of the latest smears against Bitcoin, courtesy of Britain’s Internet Watch Foundation (IWF)

WE DON’T OFTEN write about Bitcoin, but sometimes we do. Bitcoin is becoming a huge phenomenon and with its growth it gathers enemies. “Someone is really threatened by bitcoin that they have to disparage it so much and so often,” writes iophk. “Use in nefarious activities could easily be said of other currencies I expect, yet bitcoin is consistently singled out in the media. And, unlike cash, bitcoin is not anonymous,” he says in reference to this new smear. This strategy is not unusual; just ask Torrent sites, Craigslist, etc. how they suffered demonisation by association (copyright infringement, prostitution, drugs, etc.) just so that people can shut down down or at least marginalise them. Bitcoin has some other bad press [1], usually revolving around Mt Gox although it is only one of many players in the area of Bitcoin.

Most people, even in the Western world, are ‘poor’ in the sense that they have negative balance [2]. Young people are the most common victims [3,4]. The older generation often evades tax [5] and gets away with it. No wonder the young (future) generation is gradually turning to alternative currencies whose value cannot be rigged to the same degree commonly used currency is. A lot of people tend to forget that money derives its value from the belief/assumption that it will be honoured by merchants and be possible to swap for real goods; when hyperinflation kicks in, then money can become just paper, unlike Bitcoin, which some say it more resilient and resistant to abuse. Mt Gox may be having a crisis, but let’s not forget how many of the banks out there (all around the world) reached virtual bankruptcy (like my bank at the time — a bank that’s heading there again) and then looted taxpayers for bailouts that devalue money, increase national debt, and generally show that the ‘mainstream’ currencies are no safe haven.

Related/contextual items from the news:

  1. Mt Gox confirms 750,000 Bitcoin theft, opens call centre for concerned miners

    BITCOIN EXCHANGE Mt Gox has confirmed the loss of 750,000 Bitcoins, and opened a call centre for people who want to know more about that.

  2. Three Of Every Four Americans Are Living Paycheck-To-Paycheck

    According to a new survey, more than three-quarters of Americans are living paycheck-to-paycheck in order to make ends meet.

    The study, conducted by Bankrate.com, found that 76 percent of citizens had less than six months’ worth of savings to their name. Half of Americans had less than three months emergency savings and more than a quarter had no savings at all.

  3. Student Loans Are Ruining Your Life. Now They’re Ruining the Economy, Too

    American students are well over $1 trillion in debt, and it’s starting to hurt everyone, economists say

  4. Thousands of young people forced to go without food after benefits wrongly stopped under ‘draconian’ new sanctions regime

    A sanction can mean having welfare payments cut off entirely for a minimum of a month and as much as three years for “repeat offenders”. The hardline system, which means people can end up cast adrift for accidentally missing an appointment, is thought to be one of the reasons behind the vast numbers turning to food banks.

    Experts say young people are being unfairly singled out by the strict new system of penalties. Despite making up only 27 per cent of Jobseeker’s Allowance claimants, 18- to 24-year-olds have accounted for 42 per cent of all sanctions handed out.

  5. Credit Suisse ‘cloak-and-dagger’ tactics cost US taxpayers billions – senators

    John McCain and Carl Levin say offshore schemes operated by Swiss firm helped 22,000 Americans hide billions from taxman

03.01.14

Finance Update: Bitcoin, the War on the Poor, AstroTurf by the Rich, and More

Posted in Finance at 8:35 am by Dr. Roy Schestowitz

Bitcoin

US

  • Could Wal-Mart Be the Next Giant Failure in Retail?

    What’s worth keeping an eye on is whether the Sam’s Club layoffs are a symptom of much larger problems at Wal-Mart. The company has been a giant of retail for decades, but there are signs that its reign is coming to an end.

  • The Business Plan Of Wal-Mart Revealed

    Wal-Mart (WMT) reported today and by now, most people who follow the stock are aware of the highlights: EPS before special items, at $1.60, beat estimates by a penny; revenues fell short of estimates; same-store sales and traffic fell.

  • New York abandons plan to clear subways of sleeping homeless people

    A plan to clear homeless people from New York City subway trains in a pre-dawn Monday operation by police and transportation officials was abandoned amid pressure from campaigners.

    Dozens of homeless men and women sleeping on the seats of E line trains as they rolled into the World Trade Center terminal in the early hours were left alone, despite warnings that they would be asked to leave so cars could be cleaned.

    “It was postponed,” Kevin Ortiz, a spokesman for the Metropolitan Transportation Authority, told the Guardian. “We decided not to go ahead. I can’t give you a specific reason why it was postponed. But it may well take place in the future”.

  • Angry Residents Wave Pitchforks, Torches In Protest Of Mayor’s Crackdown On Homelessness

    A group of fired-up activists in Portland, Ore., who were tired of seeing homeless people being mistreated staged the kind of protest that will be difficult for the mayor to ignore.

  • Robert Reich: WhatsApp is everything wrong with the U.S. economy

    The instant messaging service connects millions, but its record-breaking sale won’t generate new jobs

  • America’s “We” Problem

    America’s wealthy increasingly inhabit a different country from the one “they” inhabit, and America’s less fortunate seem as foreign as do the needy inhabitants of another country.

    The first step in widening the sphere of “we” is to break down the barriers — not just of race, but also, increasingly, of class, and of geographical segregation by income — that are pushing “we Americans” further and further apart.

UK

Central Europe

AstroTurf

  • A Portrait of Time Warner’s Active Role in ALEC

    Records obtained in 2011 from the office of Ohio Rep. John Adams, the ALEC public sector chair for the state, show how he worked closely with ALEC’s Ohio private sector chair, Time Warner Cable lobbyist Ed Kozelek, to raise funds for the national ALEC meeting held in Cincinnati in April 2011.

  • Simpson-Bowles anti-debt group is—pause to laugh—deeply in debt

    The gig is up for the everyone’s favorite deficit fetishists, Simpson and Bowles. It starts great with the headline: Anti-debt group finds itself in red.

  • Anti-debt group finds itself in red

    A year and a half after launching with much fanfare, a group affiliated with fiscal watchdogs Erskine Bowles and former Sen. Alan Simpson is nearly broke.

Misc.

02.17.14

The Scam Which is ZDNet/CBS: Not Reporting the Real Crimes

Posted in Deception, Finance, Microsoft at 9:40 am by Dr. Roy Schestowitz

Zack Whittaker
From Twitpic

Summary: CBS, a widely-known example of propaganda channels, misreports or diverts attention away from reporting about crimes of clients and allies

When covering Microsoft Nokia, ZDNet‘s Microsoft Zack (former Microsoft staff, now doing Microsoft privacy and antitrust spin, not to mention Google/Linux FUD) conveniently ignores Microsoft’s own tax evasion (including conviction in India), put aside the world’s most massive personal tax evasion by Microsoft’s spiritual leader. This is very typical when it comes to reporting about Microsoft by Microsoft moles, ‘former’ staff, and PR folks masquerading as “journalists” (Microsoft Zack is one of many). It’s propaganda, but it’s cleverly disguised (required skill from writers).

The other day it turned out that Gates’ tax-exempt investments in energy companies ended up in a bankruptcy. As one person put it: “Bill Gates’ Texas energy company has filed for bankruptcy protection as the depressed power market results in untenable financial losses.

“The company, Optim Energy (EnergyCo LLC), owned by a Gates investment fund, filed Chapter 11 Bankruptcy papers on Wednesday for its three power plants in eastern Texas, citing their inability to counter growing losses in the current market.”

So maybe Bill Gates can spend more money on his existing investments in Exxon and Shell, two murderous companies that pollute our world and poison poor people so that Gates can increase his wealth (as a large shareholder). As Sosumi put it (in IRC), “so much talk for “renewables” and yet Billy’s powerplants runned on coal and natural gas… but wait, there’s a catch… if he was indeed running “renewables”, he’d have gotten a bailout” (Gates already benefited from bank bailouts in Ireland because he was a shareholder).

What we have here is the extension of Microsoft’s financial corruption. The company was not only bribed by the CIA/NSA (as documents released last year reveal) but it also received tax exemptions worth billions after it had installed a mole (former employee, Mr. Hunter) in the US government. This is serious corruption, but white-collar crime is treated differently from most other crimes. In CBS, white-collar crime is either glorified or overlooked. It’s corporate press that’s designed to serve Power. Just look who owns CBS.

Speaking of financial corruption, Xbox has been losing billions of dollars, but CNET (part of CBS, just like ZDNet, which is also renowned for directing and broadcasting NSA advertisements) never mentions that. XBox One is so far behind the competition that it’s likely to be losing billions of dollars again.

Sosumi said that “best thing actually happening would be Microsoft amputating their game division… but on the other hand, what about the embarrassment and money lost?”

People have already died because Microsoft Xbox machines went up in flames. DaemonFC reminded us that “Consumer Reports said that Ford got a lower reliability rating this year in part because of “MyTouch” problems. (Microsoft software)” (so much for proprietary “quality”).

So, at the end of the day we have corrupt companies being bailed out, bribed, and exempted from tax simply because they have some connections in government. Don’t expect ZDNet to report it; its so-called reporters used to work for Microsoft (some still work for Microsoft while also ‘reporting’ in ZDNet).

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