Domain: foxbusiness.com
Stories and comments across the archive that link to foxbusiness.com.
Comments · 90
-
Ask Obama
Obama interfered with foreign elections, especially Israel. I guess you are calling for him to be arrested and prosecuted?
lol. Liberals are so stupid, they claim stuff is a crime that their own heroes have committed hundreds of times and they don't even know it.
-
Re:It's not covert, they were over-bearing
This is what liberal morons (redundant, I know) actually believe!
Yep - That's because we live in a world of FACTS as opposed to Conservative Fantasyland where facts don't matter.
https://www.foxbusiness.com/ma... -
Re:Do you have a problem with fair?
No, more like what the US did to Canada. Now that your trade surplus has dropped to only $20 billion, you're freaking out with the excuse that you need to dump your highly subsidized milk and put more Canadian farmers out of work.
Wahh, wahh, we only have a $20 billion trade surplus with this country, lets throw some tariffs on them, it'll raise the price of a house for the average American by 20 grand, and those lumber barons can buy another yacht.https://www.foxbusiness.com/po...
https://ustr.gov/countries-reg... -
Amazon paying no taxes
Does Amazon pay taxes? Here's some links from left, right, and center-tending media:
https://www.politifact.com/truth-o-meter/statements/2018/may/03/bernie-s/amazon-paid-0-federal-income-taxes-2017/
https://www.businessinsider.com/amazon-not-paying-taxes-trump-bezos-2018-4
https://www.foxbusiness.com/markets/amazon-earned-5-6b-in-2017-but-paid-no-federal-taxes
https://itep.org/amazon-inc-paid-zero-in-federal-taxes-in-2017-gets-789-million-windfall-from-new-tax-law/
https://splinternews.com/amazon-made-5-6-billion-in-profits-last-year-and-repor-1823329221 -
Re:You're welcome, America
Absolutely!! How could government possibly get any better than Pelosi and Feinstein??
I'm not sure if you're maybe from elsewhere and unfamiliar with how governments work in the US, but Pelosi and Feinstein are representatives of California or a California district in the federal government - in Washington DC. They are not "California government". See, states each have their own government, and California's is doing great, sweetie.
-
Welfare for Farmers
Here in the United States, we have apparently found enough of "other people's money" to give new welfare for farmers.
https://www.foxbusiness.com/po...
Our President, who has a very good brain, will be paying farmers who have been hurt by his tariffs by giving them money that's borrowed from very same countries he levied tariffs against.
That is some 39-dimensional chess shit right there.
-
Re:state of journalism today
Pssst. He was also quoted by Fox News.
Thank you. We now return you to your regularly scheduled hyperbole.
-
Re:blah, blah, blah
they're certainly not covering the mess now, when they clearly got it so wrong.
Is this the media that isn't covering it?:
https://www.wsj.com/articles/t...
https://nypost.com/2018/04/10/...
http://fortune.com/2018/04/10/...
https://www.foxbusiness.com/ma...I skipped the tech sites which are all covering it too and just quoted sites that actually are more general purpose.
-
Numbers don't pass the smell test
550K miles doesn't even begin to cover the fender-bender rate. You're quoting a number similar to *police-reported* accidents. According to the DOT "In 2016, there were an estimated 7,277,000 police-reported motor vehicle crashes in the United States, resulting in 37,461 fatalities and 3,144,000 people injured." That's roughly 440K miles per _police-reported_ crash, not 550K.
Problem is most accidents aren't police reported, and certainly not fender benders. Apparently, the average driver has an accident every 18 years. 18 x 12K miles is 200K miles.
Think about this: 550K miles is roughly a lifetime of driving for most people, yet I don't know anyone who's never had an accident of any sort. With an average accident rate of 550K miles as you state, accident-free driving would be routine. Yet, commercial drivers get safety awards and bonuses for 500K accident-free miles. Let's just say that many pro drivers never see that bonus money.
-
Consumer Financial Protection Bureau Budget: $0
Sounds like a job for CFPB (Consumer Financial Protection Bureau). How much of their zero dollar budget do you think they can spend on making Equifax actually protect consumers?
-
Re:You've gone mental Mr Huffpo
APPLE just announced they are hiring 200k employees over the next five years and spending tens of billions more in the US, since they can finally bring money back from overseas
http://www.foxbusiness.com/fea...
You're an order of magnitude off on that 200K figure...it's 20K jobs. Nothing to scoff at, but also not 200K new jobs.
Also from the article, "most of the $350 billion reflects money that Apple planned to spend with its suppliers and manufacturers in the U.S. anyway, even if corporate taxes had remained at the old 35 percent rate."
...and..."After plowing nearly $46 billion into dividends and stock repurchases in its last fiscal year, Apple is likely to funnel a big chunk of overseas money to its shareholders."
Translation...most of the repatriated money was already earmarked for spending and that which wasn't is going to fatten stockholders wallets.
-
That's not quite half...
...of what they owe, but I guess it's a start.
-
Re:Hell with them
Funny, but every time you talk about your job it never sounds like you're lounging on the dole and playing the lottery. I wonder why?
Well, I guess you're right, it IS too hard and unlikely for pretty much anyone to actually do well building their own business through hard work.
*cough* *cough*
Down syndrome entrepreneur builds success out of socks, shatters stereotypes
When they find out, in our first year, we are going to do $1.2 to $1.3 million dollars, that makes people sit up,” says Mark X. Cronin. “Which I would suggest is pretty good for a startup.”
What were we thinking?
-
Re:Strikes me as having parallels with 'Apple TV'
Remember that for quite some time, the rumor was that Apple was going to release its own line of TV sets. Many people (including myself) thought that was a stupid idea, since it would put Apple into the TV manufacturing business, which is pretty cutthroat.
I think the same problems occur with the concept of Apple building its own self-driving car, except that car manufacturing is far more complex, capital-intensive, and labor-intensive than building TV sets, while still being just as cutthroat (note that US car mfgrs are dealing with slowing sales and mounting inventory). So, Apple's move is, generally speaking, a sane one.
#
This is more like Apple realising that they know nothing about building cars. I can imagine the Apple car to be crappier than a Nissan leaf but costing more than a top of the range C-Class.
On the other hand, Apple has largely blown its approach to the actual Apple TV to date (I own two and am a fan, but I love my Echo and Dot more), so who knows what it will achieve on the automotive front.
Not much really. The Apple TV really did nothing for the entertainment industry. The same with their car audio products, floundering on a competitive market.
I recently bought a new 240i, In order to get Apple CarPlay that gives me the same functionality as ordinary bluetooth on non-Apple phones I had to get a £300 options. I said no, the same as I said no to the parking sensors, lane departure warning, touch screens and all the other crap I didn't need. -
Strikes me as having parallels with 'Apple TV'
Remember that for quite some time, the rumor was that Apple was going to release its own line of TV sets. Many people (including myself) thought that was a stupid idea, since it would put Apple into the TV manufacturing business, which is pretty cutthroat.
I think the same problems occur with the concept of Apple building its own self-driving car, except that car manufacturing is far more complex, capital-intensive, and labor-intensive than building TV sets, while still being just as cutthroat (note that US car mfgrs are dealing with slowing sales and mounting inventory). So, Apple's move is, generally speaking, a sane one.
On the other hand, Apple has largely blown its approach to the actual Apple TV to date (I own two and am a fan, but I love my Echo and Dot more), so who knows what it will achieve on the automotive front.
-
Legal Precedence
HPD Ordered to Pay $31K over Censored Facebook Comments
http://www.hawaiifreepress.com...Court Rules Against Politician Who Banned Access to Her Facebook Page
http://www.foxbusiness.com/fea... -
That's not what WSJ/Fox News is saying...
I was going to submit the WSJ/Fox News article under my alias when the Variety story popped up, which has more insight on what HBO is doing.
When the hackers came forward late last month, an HBO technology-department employee sent them a letter offering $250,000 to participate in the company's "bug bounty" program, in which technology professionals are compensated for finding vulnerabilities, according to a person familiar with the matter.
HBO was buying time with that response and isn't in negotiations with the hackers, the person said. The hacker has demanded a ransom of around $6 million.
The network has also been working with the Federal Bureau of Investigation and other law-enforcement agencies and cybersecurity firms to address the matter, people familiar with the matter say.
WSJ (paywalled): https://www.wsj.com/articles/hbos-hack-hollywood-is-under-siege-1502443802
Fox News: http://www.foxbusiness.com/features/2017/08/11/hbos-hack-hollywood-is-under-siege.html -
The flip side...
Although this is good news for people looking for work in the cities, Amazon is also closing warehouses in rural communities that are turning into the new inner cities that are lacking in jobs.
Starting in the late 1990s, Amazon.com Inc. began opening fulfillment centers in sparsely populated states to help customers avoid sales taxes. One of those centers, established in 1999, brought hundreds of jobs to Coffeyville, Kan. -- population 9,500. Yet as two-day shipping became a priority, Amazon shifted its warehousing strategy to be closer to cities where its customers were concentrated, and shut the Coffeyville center in 2015.
http://www.foxbusiness.com/features/2017/05/26/rural-america-is-new-inner-city-2.html
-
Re:US censorship?
The very next day the FCC chairman basically announced that "if we hear complaints, we'll investigate" on Fox.
Of course he was much too busy doing something else - now if Colbert had said that the head of the FCC was a cock holster for the CEO of Verizon, The Late Show would have been off the air in no time,
Swamp the drain.
-
Re:US censorship?
Yes, but what was bizarre about this case was the timeline. One day, the FCC chairman was interviewed saying it's a free country. The very next day the FCC chairman basically announced that "if we hear complaints, we'll investigate" on Fox. By this point the story had blown up on the internet for a few days. SURPRISE! -- The next day he announces that they've heard complaints, so they'll investigate! Well sure, you basically told them on TV to complain the day before.
-
Re:Making $10 billion / year!? Oh no!
You missed the part about "unrealistic." Producing the same gas guzzling SUVs for the next 20 years is not going to work. They have no realistic plan for the future even if they're fine now.
Every major automaker but FCA has realistic plans for the future. Chevy already has PHEVs and EVs and will soon have HEVs due to a partnership with Toyota. Toyota has all three, as does Honda. All automakers are lightweighting their vehicles, with Aluminum is beginning to creep into SUVs, now that it's fairly well-entrenched in cars, albeit higher-end ones.
So given that every automaker but FCA (which is barely hanging on, based solely on the strength of the Jeep brand and their Hellcat models) is moving forwards with weight reduction and EV power systems, please explain who doesn't have a realistic plan.
-
Re:Reckless Endagerment
Criminal penalties for a CEO
Yes, criminal and civil penalties. It happens all the time. Like these:
- Bernard Ebbers — and ultimate collapse of MCI
- Ever heard of Mr. Madoff?
- ... or Martha Stewart?
- Or this guy: "The former CEO of drug company Inyx Inc has been charged in connection with a fraud scheme".
Now you list the folks prosecuted for anything in relation to space-related disasters — such as the Challenger Shuttle explosion... Oh, wait — evidence is not really your thing, is it? You still owe me a list of successful predictions made by Climate Scientists — though, having exposed you as a bona-fide liar, I understand your reluctance to come back to that thread...
-
Re: Well, damn
The USA has been advertising itself as "The Land of the Free" for longer than anyone here has been alive. This marketing campaign has been very effective, allowing the USA to "brain-drain" most of the earth for generations. Other famous USA marketing slogans include:
"...with Liberty and Justice for All" in the USA Pledge of Allegiance.
"...your huddled masses, yearning to breathe free", inscribed on the Statue of Liberty.
"This Land is Your Land", from a popular folk song.
These slogans reflect long-held USA "core values", and make the USA appear more attractive to citizens of other countries. The resulting influx of immigrants has arguably made the USA a prosperous and powerful country:
http://www.foxbusiness.com/features/2017/02/06/why-7-companies-are-opposing-trump-travel-ban.html
IAAWAM (I Am A While American Male), and I believe it is in the long-term best interest of the USA to continue accepting immigrants of all colors. When, for the sake of expediency, the USA compromises its core values (e.g. immigration restrictions, tariffs, torture, religious discrimination, secret prisons, whatever), it sullies our international image, slowing immigration. Even if you ignore the "core values" stuff, overall, immigration has been a good business deal for the USA.
-
Re:The FUTURE!
You are right that we have a long history of people crying wolf. As part of a course on the policy and ethical implications of AI, I am teaching the history of Luddite reactions from the printing press to the more recent robotic "revolution". Even recently with ATMs, there was a prediction of fewer branches and tellers which did not happen. So we're good right? Well...
Unfortunately, there is one thing that should stand out as being potentially different this time -- in previous instances of the Chicken Little scenarios, it was those who were worried about being displaced that were sounding the alarm, not those creating the technology. This time, it's the other way around. The vast majority of AI researchers, particularly in the private sector, are bullish on the elimination of most blue-collar and service jobs (even management and hedge fund investors are not safe) in the not too distant future. And if you have doubts, we have ample room to believe that the changes are not 50 years away:
- Manufacturing jobs are finally returning to North America...for robots
- Chinese factory replaces 90% of human workers with robots. Production rises by 250%, defects drop by 80%
- BBC News: Foxconn replaces '60,000 factory workers with robots'
- Attention all humans of Shanghai! Robo chefs will now whip you up a bowl of ramen in 90 seconds flat
- Japanese white-collar workers are already being replaced by artificial intelligence
- Mining 24 Hours a Day with Robots
- China Has Launched the Robocops You Have Been Waiting For
- Robots are already replacing fast-food workers Trump’s pick for labor chief, the CEO of Hardee's and Carl’s Jr., likes the idea.
- Inside Silicon Valley’s Robot Pizzeria
- Fmr. McDonald's USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour
- Fast-food CEO says he's investing in machines because the government is making it difficult to afford employees
And other things to think about....
-
Re:A new golden age
... he doesn't realize that the world also has it's hands on the US's balls. Trade doesn't exist in a vacuum and playing chicken with the economy is not something to look forward to.
I wonder to what extent this is true, in context of this story. Given the fact that this money seems to be coming primarily from Saudi Arabia and, potentially, other unknown sources.
The money would come from a $100 billion investment fund that SoftBank Chief Executive Masayoshi Son is setting up with Saudi Arabia's sovereign-wealth fund and other potential partners, according to the Wall Street Journal.
-
Re:She needs some crowdfunding herself
That's not true. Professional investors provided $11 million in funding after the Skully's initial crowdfunding generated several million dollars in pre-sales.
-
Re:Intel has a museum...
The Intel Museum is at 2200 Mission College Blvd., Santa Clara, CA.
It's essentially through the front door of the headquarters building and off to the left.
It has some stuff about Intel, some about semiconductors in general, some about computers.
Some of the displays are somewhat interactive. Others are more typical museum with a group of objects and some text about the objects.I think the "bunny suit" is something people find interesting. And (hopefully) here's a video clip with the bunny suit in the museum:
http://video.foxbusiness.com/v... -
Remeber the last CEO who didn't spy on customers?
-
Re:Warning
Money and law are just tools that societies use to manage the situation society has found itself in.
On the other hand, there are laws for something called expired debt, Here's a link describing it: http://www.foxbusiness.com/per... -
While I'm not agreeing with discrimination...
I just have to wonder why we're all amazed as jobs get moved overseas with all the posturing, extortion and lawsuits that go on against companies. I mean if Google did it, then shame on them but if I had Jesse Jackson and Al Sharpton doing their shakedown dance along with age, sex and X discrimination suits, it's no wonder that more jobs are being pushed overseas. On one side I praise businesses that are keeping jobs here and also saying "more power to you" in the face of all this litigation and extortion. Businesses, you shouldn't discriminate, ever. As soon as you learn this then you won't be getting taken to the cleaners either by plaintiffs or your own legal defense team or both.
-
Re:Bitcoin
My recommendation is that you skip next month's silver investment and buy an "introduction to statistics" class at your local community college.
The Roman Empire fell apart because the gold coin was debased with less valuable metals and made worthless over time. Since President Richard Nixon took the U.S. off the gold standard in the early 1970's, the U.S. dollar has become increasingly worthless over time. When the $600+ TRILLION derivative market blows up, there isn't going to be a global economy after that. My recommendation is that you pay closer attention to the economy and invest in hard currency.
P.S., Some people believe that the world central banks are surpressing the prices of precious metals to prevent people from realizing how worthless the dollars are in their wallets. If people stopped believing in fiat currency, the whole system collapses.
People keep repeating this "The Roman Empire fell apart because the gold coin was debased with less valuable metals and made worthless over time", but it's wrong. There were many causes more significant than coinage debasement and the correct answer for "Why did the Roman Empire fall" is "E: all of the above".
In the case of Rome, debasement is not what destroyed the economy; it was bad economy that forced debasement.
It does not matter one whit how pure your metal coins are if you are using them to buy products at a greater rate than you obtain gold from the products you sell. Eventually, you run out of that metal. There is only one cure and that is debasement or acquisition through conquest. Rome's conquest days ended in the second century, so that was no longer an option.
-
Re:Bitcoin
My recommendation is that you skip next month's silver investment and buy an "introduction to statistics" class at your local community college.
The Roman Empire fell apart because the gold coin was debased with less valuable metals and made worthless over time. Since President Richard Nixon took the U.S. off the gold standard in the early 1970's, the U.S. dollar has become increasingly worthless over time. When the $600+ TRILLION derivative market blows up, there isn't going to be a global economy after that. My recommendation is that you pay closer attention to the economy and invest in hard currency.
P.S., Some people believe that the world central banks are surpressing the prices of precious metals to prevent people from realizing how worthless the dollars are in their wallets. If people stopped believing in fiat currency, the whole system collapses.
-
Re:competition
Yes, I am sure that UPS and FedEx will defend my privacy with their lives. Are you aware of a competitor who is unlikely to provide my data to the government?
- they are not a government agency by default and they have to provide their clients with service that clients will appreciate, which means in many cases yes, defending your privacy sometimes with their freedom.
What would be the point of doing this? To get better mail rates as long as you live in one of the top-10 major cities?
- precisely. If you live on a farm somewhere you are not entitled to have your services subsidised by people who live in the cities. You shouldn't be subsidised regardless where you live, regardless for what the reasons are, regardless of who you are.
-
Re:Stupid
> it sounds like Cook want to be more diverse to look more politically correct.
He wants diversity because his customers are diverse. That means they have a cultural blindspot in terms of product development. If Apple doesn't fix their imbalance, upstarts will come along that do understand the needs of the people that apple can't grok. They will eventually make money that Apple can't.
> you can only hire people that are available with the skills you're looking for.
> If the PC-crowd doesn't like it, then they need to encourage more minorities to get the required education and get qualified.Which is why, smart companies in silicon valley are pushing educational programs that will encourage the development of those applicants. So, what do you have to complain about now?
-
Re:Will this affect overseas profits tax evasion?
I've never watched CNBC, but liberal talk radio has never been nice to corporations dodging taxes by going over seas. Nor has The Huffington Post. So I did a quick search to see if Fox was pro corporation as always. Yes, that's a very Apple friendly article.
-
Re:How deep is the rot in Washington?
What you claim doesn't appear to be true. It seems Fox had this tidbit covered around the same time as the rest.
http://www.foxbusiness.com/gov...
Notice that story is even 12 days older than this one:
-
CIA Protects their own
Of Course Zuc wont appear in Iran, the CIA wont let the greatest target fed intel gathering effort in history go down so easy.
-
Re:Why bother with tricks?
Alas, ignoring them doesn't actually get you in trouble.
Yeah, right.
-
Re:who
I am the senior writer and mobile editor of ReadWrite and have been writing about mobile payments for years now.
Ok, that means you're probably good at typing and spelling. You're at least ahead of me on the spelling bit. Congrats.
My conclusion is based on evidence of consumer usage (both empirical and data driven),
Great! Links? Or do I have to scroll through every post you ever made because your post is just the most recent car in your train of thought?
...for so many different reasons and every single hyped mobile wallet that has been released to the consumer market has, in one form or another, failed.
yada yada... again, you're just trying to make an argument. It's not facts based (you know, news) I can totally understand making a rational argument. Hell, we all do it here on slashdot replying to stories like this one. But linking to what is nothing more than a blog post with 0 references at all is not news. You're declaring an entire industry is dead with absolutely no evidence other than that you think people don't want what they are selling. That's not news, that's opinion.
Here, I'll cite data to support your opinion for you:
http://www.foxbusiness.com/mar...That's how easy it is.
No offense meant, but did you really think you could cross post your article to slashdot, have 0 references in it other than yourself and not be given a hard time? lol, welcome to Slashdot -
Re:Insurance went from $290 to $690, why stay in U
-
Re:What competitive market forces
Verizon Wireless has a 41% profit margin
-
Re:So this means I shouldn't...
There are airlines that charge you for each carry-on that you have. I know Spirit Airlines does this
Frontier does this for some passengers, though I think there are still ways to avoid the fee that don't involve paying more for your seat.
On a recent flight, I overheard that Spirit had bought Frontier. Tried googling it just now...turns out that Frontier was purchased by a private-equity firm headed up by a former chairman at Spirit. Given that my first (and last) experience with Spirit was total suckage in nearly every possible way (they canceled the return flight and had everyone fend for themselves until the next morning...my wife and I would've been stuck at LAX overnight if her brother-in-law hadn't gotten us out of there and back), this doesn't bode well for Frontier.
-
Re:What microsoft SHOULD have done...
I got one of these x86 Android tablets on my desk a few months back. I was working with it for several hours, running native ARM code, before realizing it actually had an Intel chip (I only realized because a dlopen() wasn't working).
The emulation there is really smooth, I was impressed. -
Re:Isn't this universal?
Frankly, I'm amazed the PPACA website came out as well as it did. Most large IT contract jobs, whether public or private sector, are much, much worse. The typical outcome for a multi-million-dollar IT contract project is massive delays, substantial budget overruns, and poor/missing functionality
The Obamacare website is a typical, or worse. The portion of the site for Spanish speaking people has never worked at all, and Spanish speaking Americans are one of the key groups of the uninsured. The rest of the site is plagued by errors in the data provided to insurers causing all sorts of problems including multiple enrollments and cancellations, incorrect family relationships, and plenty of other problems.... when it works at all. It will be at least months late in working, and that work won't be done for free, so that is late and almost certainly over budget. There are technologists that have looked at the problems and some of them are recommending that it be scraped and start over. The Obamacare site was designed with less capacity than the site for Medicare Part D. It is a debacle of epic proportions. That is before you get to the policies some people are getting, or other repercussions of the law.
You Can Keep Your Current Health Insurance.Or Not
President Obama has promised people who liked their current doctor and health-care plan would be able to keep it as the Affordable Care continues to get implemented, but that’s proving not to be the case for many Americans.
Insurance companies have sent out hundreds of thousands of letters to consumers in recent months cancelling their health-care plans.
Kaiser Health News reports the cancelled policies “fall short” of the essential health benefits the ACA requires all plans include beginning Jan. 1, and are therefore not eligible for sale on the state and federally-run exchanges.
The law requires plans to include coverage for maternity care, ambulatory services, prescription medications and more, additions that critics say will drive up premium costs for policyholders who may never use them.
Among the insurance companies terminating policies are Kaiser Permanente in California, which sent notices to 160,000 policy holders; Highmark Pittsburgh, which dropped 20% of its individual market customers; and Independence Blue Cross, a major insurer in Philadelphia, eliminating 45% of its individual policies, Kaiser reports. The biggest hit comes in Florida, where insurer Florida Blue has dropped 300,000 policies.
In some cases, policies for those with pre-existing conditions were terminated while other customers faced price increases since the rollout of the new insurance exchanges, according to Kaiser. Beginning in mid-September, for example, Blue Shield of California sent nearly 119,000 cancellation notices to individuals, and nearly two-thirds of this group were notified of rate increases, the nonprofit news service reports.
-
Re:15 counts of wire fraud explained.
Okay, your not helping yourself or anyone else like you think you are. I'm not writing this response for you personally, I'm writing it before other people follow your advice and get themselves in legal trouble.
You have rights if your a fraud victim and you should exercise them, which you haven't done. In order to protect yourself and your credit rating you have to file a fraud complaint and send it to the and credit agency and company.
If you don't do that the company can continue to report against your credit report and you can be sued by the company in the jurisdiction that they have on file and get a judgment against you. Without a fraud dispute the company has no way of knowing your right address and the fraudulent address will be used for the jurisdiction you are sued under. Once a judgment is issued against someone you can have your wages garnished, credit ruined, tax refunds seized and property sold at auction.
You'll have hell to get an judgment overturned that was issued in another jurisdiction and than your in a position of explaining why you couldn't be bothered to write a simple affidavit and mail it in. Someone following your advice could well get a judgment against them that they couldn't get rid of - even after proving they didn't take it out. With a lot of jurisdictions allowing people to be arrested in order to enforce payment of judgments your advice could well put someone in jail.
* Before I worked in IT I made a living performing large balance credit card fraud investigations ($5000+). I was the one of two people in a well known company that would track down situations like yours. Please stop giving legal advice when you haven't got the slightest clue what your talking about.
-
Re:I don't get it
Anonymity != Privacy because we're in the age of big data where large data sets can be cross-correlated to profile an individual. From stores that track your cell phone while you're shopping to big chain stores figuring out you're pregnant, big data techniques are invading your privacy in more and more ways. If you think that anonymous data collection is safe, it's still data collection and despite people's best efforts, we are of course creatures of habit and your repetitive habits allow people to build fingerprints about you. If you have enough data points, even anonymous data points, you can build a profile of an individual, their habits, their likes, their dislikes and where they go on the Internet. If you can take that profile and match it against an individual using other correlating data you've been identified. This has been proven for example in the 2007 Netflix prize competition where anonymous movie reviewers were tracked down. There's lots of examples on this and over the past few years, techniques have become much better at picking individuals out of anonymous data sets.
More chilling is a study released this year showed that using in analyzing anonymous cell phone tracking data, 95% of 1.5 million individuals could be identified.What this means that as long as companies are able to collect data about you, whether tagged or anonymous, you're still being tracked somewhere and that is no guarantee that your privacy is protected. What has to happen to provide privacy is to stop all of the tracking and I don't see companies nor governments giving up that mechanism anytime soon.
-
Re:plenty of women in the wings
That must be why Yahoo got more visitors than Google last month, and (according to the same article) shares are up 3.5%. It still clearly has a long way to go, but that's hardly riding a company into the ground.
-
Re:Smart Criminals
Supermarkets have a typical profit margin of 1 to 2%. It means that if you steal 10$ worth of food they need to sell 1000-2000$ worth more to make it up unless they already have calculated the shoplifting costs in their 1-2% profit margin. No store stays open for long without makings profits so your "profit maximization" argument makes no sense.
Any businessman will factor in all costs, like hiring more cashier, security guards, security cameras, utility bills etc. when determining their sale prices, it is economy 101.
The goal for any business is to keep shoplifting as low as possible for the cheapest cost ratio possible in order to be able to keep prices down and maximize profits.
http://www.foxbusiness.com/personal-finance/2012/12/20/retail-worst-enemy-their-own-employees/
Says that employee stealing is worse then shoplifters, so it seems that Supermarkets biggest problem is it's own employee's.
-
Re:NYT not hacked.
Fox Business were the first to "break" the story with a "source close to the matter". Everybody went off their lead. Every single technical statement in the article is incorrect and/or laughable. http://www.foxbusiness.com/technology/2013/08/14/new-york-times-site-experiences-major-outage/
-
More information
Submitter here.
The NYT themselves claims they weren't hacked. This probably would have been a better choice for the first link than the humor column I originally chose. This non-attack-related downtime cause is elaborated on further in this article posted to zdnet (thx trb).
On the other hand, Fox Business is also citing an unnamed source in saying it was a cyber attack. On the other hand, an unnamed source in a burlap sack is worth the sack.