Domain: cnbc.com
Stories and comments across the archive that link to cnbc.com.
Comments · 993
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Re:Time to buy??
According to CNBC it's going to keep growing past $10,000 per BTC.
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Drop In - Home Security or Big Brother?
So is Amazon trying to position Drop In as a sort of alternative home security solution to check in on your house / spy on your family and tenants? Otherwise, I don't really see the appeal of having someone just connect into your home without a minimal confirmation by the receiving end. If anything, I just see a whole lot of room for creeping control: parents stalking their children, roommates tracking each other, overbearing significant others demanding monitoring access. Of course, there's also the question of hacking or even an easy way for governments to intrude... Seems a bit too much for me. Amazon Echo Show Drop-In Feature is Really Creepy
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Re:Those were the days.
Wow no, the opposite, the models over-estimate
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Re:Of course it should be removed
Here is the citation of proof of Kremlin involvement
Your "proof" says "reportedly" right there in the headline. This is called "hearsay", not "proof". Or in other words, the proof value of that statement is zero.
It's not proof, but it is evidence, pretty strong evidence at that. Given such evidence, you'd be pretty negligent to think that Kaspersky is untouched by Russian intelligence.
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Re:Of course it should be removed
Here is the citation of proof of Kremlin involvement
Your "proof" says "reportedly" right there in the headline. This is called "hearsay", not "proof". Or in other words, the proof value of that statement is zero.
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Re:Of course it should be removed
Here is the citation of proof of Kremlin involvement
Interestingly, another article linked in the link above mention this:
The N.S.A. bans its analysts from using Kaspersky antivirus at the agency, in large part because the agency has exploited antivirus software for its own foreign hacking operations and knows the same technique is used by its adversaries.
So which one? I would assume it's American made. Come to think of it, the russian antivirus is running on top american operating system which, just like any antivirus, definitely has access to any files inside the computer -
Re:Of course it should be removed
Here is the citation of proof of Kremlin involvement
Cute: you think Israeli shit-stirring is proof...
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Re:Of course it should be removed
Absolute FUD.
Kaspersky BENCHMARKS the shit out of Norton, McCrapee and most others reliably over longer periods of time.
Show us the code, the detail and the proof it has a backdoor or exploit. An open availability of technical explanations proving there is an exploit makes it credible. We've got them for just about everything else so this one stands at odds as an outlier which should ring alarm bells that its political and not founded.
There are two layers of logic to this:
- You take the risk Kaspersky installs malware via some backdoor because Kremlin (no proof yet still waiting). Considers your desktop machine a valid target. Under this situation assuming everyone has a ticking time bomb installed on their computer for the Kremin to manipulate is not unprecedented. Welcome to the last 20+ years of insecure by design Adobe flash products.
- You ARE ACTUALLY running something that is of state,corporate 'secret' level, controls a national grid, controls some real world system that could kill people, controls governmental sensitive emails. Then why is it running anything other than a hardened lunix BSD OS anyway?!?
Here is the citation of proof of Kremlin involvement
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Re:the business of 'murika is business
It doesn't have to be. Let's celebrate the over 160 billionaires who have signed the Giving Pledge and promised to give away more than half of their money. This is an act that other people in their position should be measured by.
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Re:Qualcomm on the block next year?
Qualcomm is going after Apple in the US for violation of Qualcomm's US patents. It's going after Apple in China too, for violation of Qualcomm's China patents. I swear, you tech fucks don't understand a damn thing about patents. They ONLY cover for the country that issued them! A US patent has zero force outside of the US. Canada, China, Germany - no force at all. Each country has its own patents and laws related. Qualcomm will probably end up suing Apple in ALL the countries where it has those patents - and if it wins, Apple won't be able to sell OR build in any of those countries.
The US suits are more of a tit for tat shot because Apple sued Qualcomm first. What would be more interesting is if when Qualcomm gets shot down but the courts in both China and the US it then decides to go after Intel. However I suspect that Intel used some "clean" engineers to do the reverse work and will come out smelling like a rose in a shithouse and Qualcomm will not dare stir the pot by going after Intel. It took Intel 15 years to break into the CDMA market to the point where Apple feels comfortable with their chips but they did it, so most likely they did it cleanly. Qualcomm knows the writing is on the wall for their designs.
Apple sued Qualcomm because Qualcomm tried to extort Apple and charge them a premium and at the same time force them into using their chips. I suspect that the lastest moves from Qualcomm is a desperation move because they see the writing on the wall.
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Re:Qualcomm on the block next year?
Qualcomm is going after Apple in the US for violation of Qualcomm's US patents. It's going after Apple in China too, for violation of Qualcomm's China patents. I swear, you tech fucks don't understand a damn thing about patents. They ONLY cover for the country that issued them! A US patent has zero force outside of the US. Canada, China, Germany - no force at all. Each country has its own patents and laws related. Qualcomm will probably end up suing Apple in ALL the countries where it has those patents - and if it wins, Apple won't be able to sell OR build in any of those countries.
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Re:No Credit Cards, no online gambling
But legalize pot in a state like Colorado and then CCs are perfectly fine.
Except that's not even true. Sellers in CO aren't even allowed to have bank accounts.
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Re:Amazon does not Care!
Amazons new return policy, the one I think these thieves used.
Amazon's new refunds policy will 'crush' small businesses, outraged sellers say -
Yahoo
Long before Nokia, Microsoft also tried to acquire Yahoo for a tidy 45 billion dollars They were extremely lucky that Jerry Yang was even more stupid than they were and blocked the deal.
A few month ago Verizon snapped up the "core Internet assets" for less than 4.5 billion. -
Re:Can someone please explain?The stock is overvalued. Even Elon admitted as much.
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Re:But that takes money
Unfortunately that articles leaves out the changes to US tax policy that lead to the current conditions. It also leaves out the influence of the protectionist Jones Act, which considerably increases the cost of living on the island.
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Admin/admin
Not just forgetting to patch but also allowing entrance via default admin/admin login/password, perhaps allowing attackers to discover other credentials and attack vectors to exploit elsewhere.
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Re:We're not worthy
(ie, Clinton's campaign manager)
Also Trump WH staff, former Chief of Staff; six in total, so far.
Everything's a goddamn political discussion on Slashdot these days, eh? -
Re:I like those odds!
Can't, because https://www.cnbc.com/2017/07/2...
If one could, it'd be better to invest in the company that will be undercutting all the competition yet still making money in 5 years rather than than investing in those future money losers ULA, Ariane Espace, ATK, etc.
Good of you to show you know so little about Space-X yet still feel qualified to denigrate it.
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Re:#MAGA = kill solar to support clean coal
We'll get those coal miners their jobs back, you just wait and see. #crookedHillaryLoses
Poe's law in action
US coal exports are surging
https://www.cnbc.com/2017/08/1... -
Netflix's long term goal was streaming.
Reed Hastings has been quoted on a number of occasions saying exactly that. "There's a reason we didn't call the company 'DVD-by-Mail.com.'" They also nearly screwed it up entirely with the whole "Qwickster" debacle, which Hastings also discussed. There's also more than a little cherry picking going on here. Picking a few "winners" and then extrapolating that because they didn't seek "disruption" as part of their business plan makes this kind of a puff piece. Not to mention the egregious use of other stupid buzzwords like "paradigm shift" in the description. I'd also like to believe the reason the Bodega folks got in hot water what that it was pretty easy to see that they were going down the Jucero path by over-engineering and hyping what amounts a vending machine -- a technology that's been with us a really long time, and that can already do pretty much everything they were promising. Source for dvd-by-mail: https://www.cnbc.com/2017/03/1... Source of Qwickster debacle: http://deadline.com/2014/05/re...
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Wow... for real?Mark Zuckerberg: https://www.cnbc.com/2017/09/2...
First, let me say this. I care deeply about the democratic process and protecting its integrity. Facebook's mission is all about giving people a voice and bringing people closer together. Those are deeply democratic values and we're proud of them. I don't want anyone to use our tools to undermine democracy. That's not what we stand for.
... So today I want to share the steps we're taking to protect election integrity and make sure that Facebook is a force for good in democracy.Elliot Carver -
The Carver Media Group Network has the ability to reach every person in every village in every nation. But do not fear me, for tonight I offer you my declaration of principles: A promise to the men and women of this planet, my brothers and sisters whom I so humbly serve, I promise to report the news without fear or favor, I promise to be a force for good in this world, Fighting injustice, crushing intolerance, battling inhumanity, - Striking a blow for freedom...
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Re:Taxing revenue may actually be the best thing
I was kind of hoping we could just go back and forth with a "no you are" for awhile, it would have been more produtive.
Gross Company Profits are what is left over after paying expenses, salaries, etc...
Those can and are increased and decreased by giving out bonuses, raising or lowering wages, paying stock dividends, etc. Non-profits in the US are notorios for this, paying high salaries to execs and often covering many dubious expenses.
This also doesn't go into the intellectual IP that is often used to siphon profit from one company to another, which is again, what this article is talking about and what all my comments are referencing.
I'm no economist and don't purport to be, but I know a bullshitter.
citations:
https://uk.reuters.com/article...
https://www.cnbc.com/2016/08/3... -
The Chinese Connection
Give the number of people in China, and that China is #2 in GDP and #1 in GDP PPP, AND that China is blocking cryptocurrency... the assertion "Ethereum will replace Visa in "a couple of years," is not possible. Ok, so he modified the statement to mean transaction capacity.
So what? If the largest economy in the World won't use it, and the Largest Bank in the US won't use is (see Jamie Dimon's quote: https://www.cnbc.com/2017/09/1... ), "founder" statements are just hot air. -
Re:Drat!
No, you *made* $100+ per month from affiliate sales on Slashdot -- for two months. Last month you were below 100, and this month, you're also on track to fall below 100.
I've already made $100 for this month. The data is skewed by August sales. Not just for my account but the whole economy.
https://www.cnbc.com/2017/09/15/amazon-is-skewing-the-whole-countrys-retail-sales-data.html
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Re:Texting has a positive impact on their lives
Yes, the 2016 Dem primaries were rigged, to a degree. The question is, what to do now? Bernie is using his energy to push reform on the Dems, to stop the rigging and allow a wave of fresh blood into the party. Others in his camp are trying to recruit him to form a third party. And there are those who are trying to elect grassroots candidates at the state and local level, nationwide.
Though you won't hear about it much on NPR or MSNBC, the progressive left is woke now, after last year's election. Just look at how many senators jumped on Bernie's Medicare-for-All bill, and how many of them are 'contenders' for 2020. When a parade forms, politicians love to jump in front of it and call themselves leaders.
Yes, they tried to screw you out of your vote last year... and yet you persisted. You won't have another chance to vote (at least not like that) until next fall. But in the meantime, you can get active at the local and state level.
They have the power, for the moment, but we have the numbers.
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Re:Automation = productivity
Some context was lost here. "They" refers to "people with degrees and certifications." The linked BLS chart does not delineate individuals with degrees and certifications.
Right, but degrees are becoming more common while joblessness is also becoming more common, and meanwhile people with degrees complaining about not being able to find jobs is also becoming more common. It would be immensely surprising to learn that the opposite was true.
It will take some time before we find out the real impact to the economy, in part because of the nearly-retiring baby boomers skewing the charts.
The impact to the economy? That's a ridiculous way to describe people becoming homeless because they can't get a job.
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Re:Two Words....
Actually, if you agree to their free credit monitoring, you get it for a year...and then you're on the hook to pay for it if you don't cancel. One would almost think this was engineered to boost subscriptions to their credit monitoring service....nah....
https://www.cnbc.com/2017/09/0...
And it's not like you have the option to tell creditors to NOT share your data with these asshats.
Pay cash for everything and leave these jackals twisting in the wind.
Yes rat catching was the first thing that cynically pooped into my head. Also when you agree to the free one year credit monitoring, you agree to arbitration and not file suit.
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All I have to say
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Re:Two Words....
Actually, if you agree to their free credit monitoring, you get it for a year...and then you're on the hook to pay for it if you don't cancel. One would almost think this was engineered to boost subscriptions to their credit monitoring service....nah....
https://www.cnbc.com/2017/09/0...
And it's not like you have the option to tell creditors to NOT share your data with these asshats.
Pay cash for everything and leave these jackals twisting in the wind.
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Re: Three possibilities
and drones
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Throw another pleeb under the money bus
Let's keep those profits rolling, we have engineers to burn! America needs to wise up and start jailing the senior management. It's sad times for America when South Korea is the one with balls while America just rolls over and takes it.
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Rush to market
This is a prime example of what I'm talking about when I say so-called 'self driving cars' are being rushed to market.
NONE of them are really ready and won't be for quite some time -- if ever.
Meanwhile people really don't want them anyway. -
Re:Errors are not Errors
A legal transcriptionist requires different training then a Medical Transcriptionist.
And sometimes even that training falls short. Does anyone remember the explosion at WIPP when the tech transcribed "an organic kitty litter" instead of "inorganic kitty litter"?
Kitty litter explosion. -
Re:As good a deal as a stadium
Unfortunately it is currently forecasted to take at least 25 years for WI to recoup its investment, and possibly much, much longer:
>Officials have said Foxconn, formally known as Hon Hai Precision Industry Co., will employ about 1,000 people in the second half of 2017 and employment will grow to 13,000 by 2021.
The bureau based its analysis on Foxconn reaching its threshold of 13,000 employees, Reinhardt said. If the actual employment number was 3,000, the break-even point would be so far in the future that it is "silly to talk about," he said.
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Re: Tens of thousands of jobs...
Yes, but this assumes the businesses that saved that $1 in wages aren't going to spend it on something else. Paying a higher minimum wage doesn't magically create additional money. You don't think businesses or rich people just hoard piles of money like dragons with gold do you?
Actually, that is exactly what they are doing:
Why Are Corporations Hoarding Trillions? Jan, 2016: "This strange vogue for corporate hoarding seems to have begun around the turn of the millennium. General Motors is perhaps the most extreme: It now holds nearly half its value in cash. Apple holds more than a third. These numbers are maddening on their face. If the companies spent their savings, rather than hoarding them, the economy would instantly grow, and we would most likely see more jobs with better pay. In the 1990s, when companies saved far less of their profits, they built new factories, bought new buildings. In part because of all that corporate spending, the 1990s were a period of low unemployment and high growth. Remarkably, the United States government was able to tax all that productive corporate behavior so much that it came close to paying off all its debts for the first time in 160 years."
US companies are hoarding $2.5 trillion in cash overseas Sept, 2016: "American companies are holding $2.5 trillion abroad, an increase of nearly 20 percent over the past two years, according to the latest calculations from forecaster Capital Economics. The total is equivalent to nearly 14 percent of total U.S. gross domestic product."
Announcement: Moody's: US corporate cash pile, led by tech sector, to grow to $1.77 trillion by end of 2016: "New York, November 03, 2016 -- US non-financial companies rated by Moody's will increase their cash holdings to $1.77 trillion by the end of the year, from $1.68 trillion at the end of 2015, Moody's Investors Services says in a report."
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Re:Tim Cooks?
Except he's NOT on the White House Manufacturing Council. And neither is Bezos.
Article conflates and confuses a single meeting, organized mainly so Trump could feel good about himself while everyone else suffered, with positions on WHMC.
It even makes that distinction... but then loses it.Other companies attending the meeting include Alphabet, Microsoft, MasterCard, Intel, Qualcomm, Oracle, Adobe, and more.
The meeting, which was announced earlier this month, follows a few other efforts by the Trump administration in modernizing the government with the help of CEOs from tech companies, including the "White House Office of American Innovation" and "American Technology Council." -
Not to worry
We have fire and fury!. None of that wimpy old 'shock and awe' here
We'll give them a war they won't believe - President Rambo
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Re:And then Google says...
All he has to do is identify as a trans-trans-gender
:)I suppose, at the end, it'll be for the courts to decide:
https://www.cnbc.com/amp/2017/...
More likely, Google will pay him off to avoid the public scrutiny of a court case.
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Re:They did explain where he was wrong
You can't legally be fired for expressing a political opinion... https://www.cnbc.com/amp/2017/...
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Re:And then Google says...
All he has to do is identify as a trans-trans-gender
:)I suppose, at the end, it'll be for the courts to decide:
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Re:Interesting
As posted above, Google actions might actually be illegal... cf. https://www.cnbc.com/amp/2017/...
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Re:Freedom of speech
Unless his employment contract says otherwise, his employment is "at will" and Google can fire him for any legal reason, or for no reason. It is generally legal to fire someone because you don't agree with them, and that happens all the time.
Here's an alternate legal opinion.
Whether you are correct or this guy from this article, proving you acted legally can sometimes be very, very expensive.
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Re:Slashdot sure has become a shithole
We need a new round of short sellers to lose another half billion dollars betting against Tesla
;) Hey, maybe a new TTAC Tesla Deathwatch while we're at it! ;) -
Re:Units vs collectiveSo out of curiosity, using the respective exchange rates, how much do people spend on WoW vs the GDP of Venezuela?
- World of Warcraft generates almost $2.15 billion in revenue per year.
- Venezuela's nominal GDP was $333.7 billion in 2016 at the official exchange rate. But the official exchange rate is about 4.2x higher than the black market rate. So at the black market exchange rate this works out to a nominal GDP of $79 billion per year.
If you look at it per capita:
- According to the previous link, WoW has about 9.5 million players. For a per capita revenue of $226 per person per year.
- Venezuela's population is 31.6 million. For a per capita nominal real GDP of $2500 per person per year.
Kinda staggering if you consider that Venezuelans live there 24/7, or 168 hours/week. Meanwhile the average WoW player plays 22.7 hours/week. So normalizing for amount of time spent in the "realm":
- WoW per capita revenue per hour of play = 19.1 cents.
- Venezula per capita GDP per hour = 28.6 cents.
So while the units are pretty meaningless, the actual value of time spent in the game/country turn out not very different.
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Re:What Would We Have To Pay Programmers?
https://www.cnbc.com/2016/05/1... - the average American doesn't make 1/100th of over $4m per day from birth to present. I don't know what you think Americans make, but...btw, that article is less than 15months old, and he's made $19billion since then. Facebook has 17k employees. That means he could have given each of them a $million in the last 15 months, and still had more left over from that 15months of income to give a thousand average Americans an entire lifetime of income earnings. I know you were just being silly, but people don't really appreciate the...scale...of the income inequality.
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Re:3rd choice
When the CEO starts working in the open floor plan instead of his penthouse office, then I'll believe it really is the better option.
I actually DON'T think it's the better option, but.....
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Future of digital ads?
Let's extrapolate P&G's take on digital ad effectiveness and observe that Millennial attention span for them is 5 seconds and try to predict the future on digital ads if this applies across the board.
We know that where there are eyeballs, there is a buying market.
The advertisers know our demographics and buying habits and already target ads, so more information isn't the answer.
What do you think the future of digital ads will be?
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Re:All 100% automated.
But the equally important part is that a pile of money will stay in the US and contribute to domestic activity, not over seas activity.
Who do you think you're talking about? Apple has over $250 billion in cash that they have pretty much purely horded. What makes you think they're going to suddenly start spending that money?
I'm not referring to that money. I'm referring to the money that would otherwise be spent on overseas manufacturing and overseas shipping. In other words I'm pointing out that it makes an economic difference where activity takes places, domestically or overseas.
Yes there will be a high degree of automation. Even so there will be some jobs. Some dealing with phones, some dealing with the robots.
Yeah...that's not much in the way of employment and none of them are really manufacturing jobs which are what were promised.
Not all jobs at a manufacturing plant are assembly, fabrication, etc; even back in the day. My grandfather "boiled the water" for the steam turbines that generated the electricity for the manufacturing plant. It was still a manufacturing job. People, and robots, who do fabrication and assembly need support.
Hell, dealing with the robots hardly even qualifies as a blue collar type job as it's presumably far more tech oriented.
My tour of Siemens in Germany suggests otherwise. Highly trained technicians are blue collar jobs.
And that assumes Apple doesn't outsource that aspect of their factory to already existing professionals.
A friend from college has a company supporting local automated manufacturing and packaging companies. He's very busy. He misses half of our occasional weekend get togethers, his wife and kids showing up without him, his wife explaining that something somewhere broke and they have to get the line up and running fast.. If another company came to him with an offer of additional work he would have to hire more employees.
So, really, the only boon from this would be the construction (short term), the dozen phone operators that they'd need (remember, this is an internal business facility), the dozen plant supervisors they need on hand in case of a fire, and the freight trucks that are used to ship it (although, I don't know that that would be much of an increase vs Apple's current shipping with their partners there).
The history of robotic and automation in Germany suggests otherwise, at least according to the folks at Siemens.
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Re:All 100% automated.
But the equally important part is that a pile of money will stay in the US and contribute to domestic activity, not over seas activity.
Who do you think you're talking about? Apple has over $250 billion in cash that they have pretty much purely horded. What makes you think they're going to suddenly start spending that money?
Yes there will be a high degree of automation. Even so there will be some jobs. Some dealing with phones, some dealing with the robots.
Yeah...that's not much in the way of employment and none of them are really manufacturing jobs which are what were promised. Hell, dealing with the robots hardly even qualifies as a blue collar type job as it's presumably far more tech oriented. And that assumes Apple doesn't outsource that aspect of their factory to already existing professionals.
So, really, the only boon from this would be the construction (short term), the dozen phone operators that they'd need (remember, this is an internal business facility), the dozen plant supervisors they need on hand in case of a fire, and the freight trucks that are used to ship it (although, I don't know that that would be much of an increase vs Apple's current shipping with their partners there).