02.15.09

Gemini version available ♊︎

Paul Allen’s Company Goes Bankrupt, Might Microsoft Be Next?

Posted in Apple, Bill Gates, Finance, Microsoft at 11:22 am by Dr. Roy Schestowitz

“Microsoft has clearly entered a phase of self destructive behavior that began with the “tissue paper campaign” in 1995.”

–Reactor-core.org

BILL Gates and Paul Allen have moved much further since the days of sabotaging computers for personal gain. Now they are associated with some big companies and they possess personal wealth (separate from the companies’). However, Allen’s company has just filed for bankruptcy and some might be wondering whether Microsoft is next. The idea is not far fetched and other people independently suggest it as well.

Here are some reports on the subject:

Charter Communications Inc, which is controlled by Microsoft cofounder Paul Allen, will file for Chapter 11 bankruptcy protection by 1 April after striking a deal with senior debt holders yesterday.

Charter, which was started by Microsoft Corp. co-founder Paul Allen, said its planned Chapter 11 filing was intended to trim about $8 billion from its $21 billion in debt. After extensive negotiations, a committee of debtholders agreed to the plan, under which Mr. Allen will retain control of the company.

Allen turns out to also have influence on the media. Like Microsoft and the Gates family, he owns shares in at least one media company — shares that he is now selling, according to MSN and this report from the Canadian Press:

Microsoft co-founder Paul Allen has sold all of his remaining shares in DreamWorks Animation SKG Inc.

It’s very fascinating to see just how much of Microsoft’s money is hovering among and landing on media companies that inform or misinform people. Apple’s Steve Jobs is another party that’s involved in this type of investments.

Lastly, according to Associated Press, Bill Gates keeps dumping his shares of Microsoft. It does not inspire much confidence in this company, whose leadership he gave up after it had reportedly lost $18 billion in just one year. Now he keeps busier with politics and pharmaceuticals. █

Bill Gates and Paul Allen

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • email

Decor ᶃ Gemini Space

Below is a Web proxy. We recommend getting a Gemini client/browser.

Black/white/grey bullet button This post is also available in Gemini over at this address (requires a Gemini client/browser to open).

Decor ✐ Cross-references

Black/white/grey bullet button Pages that cross-reference this one, if any exist, are listed below or will be listed below over time.

Decor ▢ Respond and Discuss

Black/white/grey bullet button If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

DecorWhat Else is New

  1. Apple 'Porn' Filter

    Guest post by Ryan Farmer: Apple and US State Governments Developing System to Require People to Report Themselves for Watching Porn.

  2. 3.5 Years Later Gemini Protocol and Geminispace Are Still 100% Community-Controlled

    Community-centric alternatives to the World Wide Web have gained traction; one of them, Gemini Protocol, continues to grow in 2023 and we're pleased to report progress and expansion

  3. Windows Falls to 16% Market Share in India (It was 97% in 2009), Microsoft Layoffs Reach India Too

    This month’s picture from the world’s most populous nation does not look good for Microsoft (it looks good for GNU/Linux); anonymous rumour mills online say that Microsoft isn’t moving to India but is actually firing staff based in India, so it’s a case of shrinking, not offshoring. When even low-paid (much lower salaries) staff is discarded it means things are very gloomy.

  4. Links 22/03/2023: GNOME 44 “Kuala Lumpur”

    Links for the day

  5. Microsoft Has Also Infiltrated the OSI's Board of Directors After Rigged Elections

    Weeks ago we warned that this would happen and for the third or fourth time in 2 years the OSI’s election process broke down; today the Open Source Initiative (OSI) writes: “The polls just closed, the results are in. Congratulations to the returning directors Aeva Black…” (Microsoft employee)

  6. Links 22/03/2023: Official Thunderbird Podcast Starts

    Links for the day

  7. IRC Proceedings: Tuesday, March 21, 2023

    IRC logs for Tuesday, March 21, 2023

  8. Many More Microsoft Layoffs Later Today

    Yesterday we shared rumours about Microsoft layoffs being planned for later today (there were 3 waves of layoffs so far this year). There are several more people here who say the same. How much noise will Microsoft make in the “media” in order to distract? Will the chaffbot "ChatGPT" help create enough chaff?

  9. Links 21/03/2023: JDK 20 and GNOME 43.5

    Links for the day

  10. Germany's Lobbyists-Infested Government Sponsors the War on Ukraine via the European Patent Office (EPO)

    The chief UPC ‘judge’ is basically seeking to break the law (and violate constitutions, conventions etc.) to start a kangaroo court while dodging real courts, just like Vladimir Putin does

  11. [Meme] The Meme That Team UPC (the Collusion to Break the European Laws, for Profit) Threats to Sue Us For

    António Campinos and Team UPC are intimidating people who simply point out that the Unified Patent Court (UPC) is illegal and Klaus Grabinksi, shown above, strives to head a de facto kangaroo court in violation of constitutions and conventions (the UK does not and cannot ratify; Ireland hasn’t even held a referendum on the matter)

  12. Microsoft is Sacking People Every Month This Year, Even Managers (While Sponsored Media Produces Endless Chatbot Chaff)

    Lots of Microsoft layoffs lately and so-called ‘journalists’ aren’t reporting these; they’re too busy running sponsored puff pieces for Microsoft, usually fluff along the “hey hi” (AI) theme

  13. 3 Months Late Sirius 'Open Source' Finally Deletes Us From the Fraudulent 'Meet the Team' Page (But Still Lists Many People Who Left Years Ago!)

    Amid fraud investigations the management of Sirius ‘Open Source’ finally removed our names from its “Meet the Team” page (months late); but it left in the page about half a dozen people who left the company years ago, so it’s just lying to its clients about the current situation

  14. Amid Fraud at Sirius 'Open Source' CEO Deletes His Recent (This Month) Past With the Company

    Not only did the Sirius ‘Open Source’ CEO purge all mentions of Sirius from his Microsoft LinkedIn account; he’s racing against the clock as crimes quickly become a legal liability

  15. Web Survey Shows Microsoft Falling Below 15% Market Share in Africa, Only One Minuscule African Nation Has Windows Majority

    A Web survey that measured Microsoft Windows at 97% in Africa (back in 2010) says that Windows has become rather small and insignificant; the Microsoft-sponsored mainstream media seems to be ignoring this completely, quite likely by intention...

  16. Rumours of More Microsoft Layoffs Tomorrow (Including Managers!), Probably Azure Again (Many Azure Layoffs Every Year Since 2020)

    Amazon is laying off AWS staff and Microsoft has been laying off Azure staff for 3 years already, including this year, so it seems like the “clown computing” bubble is finally bursting

  17. [Meme] EPO's Management Brainstorm

    The story behind a misleading slogan told above

  18. The Photo Ops Festival of the Funky President António Campinos and Revolt From the Patent Examiners Whom He Perpetually Oppresses

    European Patents are being granted for no reason other than application and renewal fees, awarding European monopolies to companies that aren't even European (only about a third are actually European); staff of the EPO is fed up as it regards or views all this as an extreme departure from the EPO's mission (and it's also outright illegal)

  19. Links 21/03/2023: Trisquel GNU/Linux 11.0 LTS

    Links for the day

  20. Back Doors Proponent Microsoft Infiltrates Panels That Write the Security Regulations, Press Fails to Point Out the Obvious

    Cult tactics and classic entryism serve Microsoft again, stacking the panels and basically writing policy (CISA). As an associate explained it, citing this new example, Stanford “neglects to point out the obvious fact that Microsoft is writing its own regulations.”

  21. IRC Proceedings: Monday, March 20, 2023

    IRC logs for Monday, March 20, 2023

  22. Links 20/03/2023: Curl 8.0.0/1 and CloudStack 4.18.0.0 LTS

    Links for the day

  23. Standard Life (Phoenix Group Holdings): Three Weeks to Merely Start Investigating Pension Fraud (and Only After Repeated Reminders From the Fraud's Victims)

    As the phonecall above hopefully shows (or further elucidates), Standard Life leaves customers in a Kafkaesque situation, bouncing them from one person to another person without actually progressing on a fraud investigation

  24. Standard Life Paper Mills in Edinburgh

    Standard Life is issuing official-looking financial papers for companies that then use that paperwork to embezzle staff

  25. Pension Fraud Investigation Not a High Priority in Standard Life (Phoenix Group Holdings)

    The 'Open Source' company where I worked for nearly 12 years embezzled its staff; despite knowing that employees were subjected to fraud in Standard Life's name, it doesn't seem like Standard Life has bothered to investigate (it has been a fortnight already; no progress is reported by management at Standard Life)

  26. Links 20/03/2023: Tails 5.11 and EasyOS 5.1.1

    Links for the day

  27. Links 20/03/2023: Amazon Linux 2023 and Linux Kernel 6.3 RC3

    Links for the day

  28. IRC Proceedings: Sunday, March 19, 2023

    IRC logs for Sunday, March 19, 2023

  29. An Update on Sirius 'Open Source' Pensiongate: It's Looking Worse Than Ever

    It's starting to look more and more like pension providers in the UK, including some very major and large ones, are aiding criminals who steal money from their workers under the guise of "pensions"

  30. Services and Users TRApped in Telescreen-Running Apps

    TRApp, term that lends its name to this article, is short for "Telescreen-Running App". It sounds just like "trap". Any similarity is not purely coincidental.

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

Recent Posts