The SEC "requested* documents related to probable securities law violations by Musk some time ago. A subpoena is a demand by or on behalf of the court and you can go to jail for ignoring it.
Because it falls under "search and seizure", the fifth amendment requires probable cause or other appropriate justification under the 5th. Just as with searching a vehicle, that can happen to ways - a court can rule *ahead of time* that there is probable cause, or an officer can, in some situations, conduct a search if they have probable cause that they can show later. At very least, the SEC is dating that they have probable cause to believe there is a crime here.
Aside from the obvious manipulation charge, it is also law that corporate officers must send material information to ALL interested stockholders simultaneously, not just the ones they like. Telling favored people even fine minutes ahead of time (thereby allowing them to buy or sell before disfavored people know) is insider trading. Officers MUST make the information available to favored people, disfavored people, all stockholders, at the same time. Because he has actively blocked people he doesn't like from his Twitter feed, using that as the first place he announces material information is in violation of the law. He is at minimum technically commiting insider trading. What penalty he'll get for that we'll.hqvebto wait and see. It's clear cut insider trading when an officer of the corporation provides the information to favored people before providing it to disfavored people.
BTW people are talking about how much fault AT&T may have vs if this guy is at fault for using the wrong tool for the job. Let us not forget, really it's the thief's fault.
Whenever bad guys hack something, everyone wants to go after the company that got hacked. *IF* the company was reckless, that makes sense to a degree. There's also a criminal involved. That's who REALLY, obviously did something very wrong.
That is indeed an interesting question. There are two different factors at play.
I expect a certain amount of security from a $5 Masterlock. I expect a greater amount of security from a American Lock Company shrouded shackle that costs $60. I expect even more security from a $500 Medeco.
Similarly, I expect a pickup truck to be able to carry a 400 pound load. I expect a semi truck to be able to carry a 10,000 pound load. Ford isn't responsible if I put a 10,000 pound load on my F-150 and it doesn't work well. Wrong tool for the job.
Aside from how much security is expected, how much LIABILITY is there? The maker of a $5 lock might reasonably foresee that their lock would be used to secure a $50 item. Medeco knows their locks are used to secure $20,000 jewelry. If you use a $5 to "secure" a $10,000 item, that's on you. You used the wrong lock for the job.
Is a text message designed or expected to secure $xx million? Is it the right tool for the job?
Everything I've found says "the Chronicle reports that Apple replied with a $200 valuation". So "everything" is a single article in the Chronicle. A one-letter typo in that one article is entirely possible. I tried to find the actual appeal document but it doesn't seem to be available on line.
As I said, either way, in thr end they came up with a valuation around $387M. Which means the county's assessment was nearly three times the actual value.
Had this been Google rather Apple, they would have replied with a proposed valuation of Pi dollars.
It would have been much more fun if you had been in a hurry, drunk, or stupid and didn't think about catalytic converters. You could have declared the use of platinum to reduce carbon monoxide levels "ridiculous". Then hilarity would ensue.
> Tesla, actually is retrieving billions of vehicle-miles
Billions? Tesla's production numbers are in the thousands, not the millions. Does each one of their cars drive a million miles per year?
We don't know exactly what data each company is collecting. What we do know is that Tesla is a *small* and hopefully therefore agile company. Nothing about Tesla is "vast". BMW, Freightliner, or other actual auto industry companies could have been collecting only 1% as much data as Tesla per mile for the last ten years and they'd STILL have more data than Tesla. That's even assuming, for no reason at all, that Tesla captures a hundred times as much data per mile, a very questionable assumption.
We can also be fairly certain that Freightliner trucks drive a lot more miles per year, in more widely varying conditions, than your average Tesla.
There are plenty of good things to say about Tesla. You can talk about their vision. Pretending they have a huge advantage in "vast numbers" and "years of experience" just makes one look comically ignorant.
> fairly unlikely that small players every get audited
If you play Russian roulette with a 6-gun, it's fairly unlikely that you'll blow your brains out.
Let's guesstimate an income tax rate of 25% and suppose the dog costs $200 / month. That number may be high, but it'll do. The tax (fraud) savings would be $600 / year. So he's hoping for a gain of $600.
Tax fraud has a five year sentence. Risking prison time trying to save $600 isn't what I'd call a good idea.
The chance of an audit is probably much higher than he thinks, as well. First, x% of companies get audited EACH year. Ten times as many companies get audited each decade. Your odds of eventually getting caught are much higher than the odds each time. Criminalsis and keep committing crime over and over until they get caught.
Compounding that, audits aren't completely random. Those who cheat significantly on their taxes do so in order to claim little to no income every year. Tax authorities know this, and it's an easy pattern to spot. "Home based business with over $100,000 in revenue with less than $7K in profit for three years running" is an obvious group to do some audits on.
I suspect Apple may have actually said $200 million. All articles on the topic cite a single SF Chronicle article that said $200, so the author of the only article originating that number may have easily missed typing the M in $200M. Also, I see the Chronicle writer was careful to leave out important information about what happened with the appeal.
The assessment appeal the article was based on was in 2015, three years ago.
The Apple HQ building is currently assessed at $386 million. Given the $386M number is the result after both sides presented their evidence and arguments, it's the most accurate / objective number available.
Given the actual value of $386M, that's closer to $200 than it is to a billion. The county was off by $614M, Apple was off by $386M. Meaning the original assessment was twice as ridiculous as Apple's (sarcastic?) response of $200, if in fact they said $200 as opposed to $200M.
> I have no problem paying 33 cents per city in America
There are 19,354 cities in the US (census.gov). At 33 cents per person per city, that's $6,386.82 per person.
At 2.58 people per family, your family's bill is $16,478
I don't know about you, but I don't have an extra $16,478 that I want to spend on that. I have more important things to pay for, like my wife's surgeries. You really have $16,478 laying around that yoy have no better use for? You also see no problem with FORCING every other family in country to pay $16,478 to install (not maintain) fiber in the cities?
No, the $111 million number GP mentioned was over of the numbers I posted. GP simply said that taxpayer money has also been spent on other questionable things, and then then implied that this particular stupidness is "not relevant" because there have also been other bad things.
GP simply ignored the other $160 million taken from people who don't get the service.
This is about a property evaluation 2015, three years ago. I find it interesting that the Chronicle article this is based on, and all of the articles parroting the Chronicle, conveniently leave out the result. When reporting on "Apple appealed the county's assessment three years ago", wouldn't it make sense to tell us how the appeal turned out?
I see that the current tax assessment for the Apple headquarters building is $398,600,000. It may be that Apple's value is closer to correct than the number the county initially tried to get them for.
Some people scream "you're anti-science" when someone points out problems with their arguments.
Some of those same people who scream about "anti-science" seem to get rather upset when scientific solutions are proposed, going quite anti-science themselves.
It seems perhaps their resistance to scientific / engineering *solutions* may be because:
a) they have more interest in either flagellating themselves or
b) feeling smugly superior while they wear their recycled rubber shoes to drive an extra 20 miles to get organic chick peas.
Speaking of sentences, here's an interesting sentence which uses correct grammar: Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo.
$100 million due to power outages, eh? So that would be a reduction of six full working days at the average business in their service area.
EPB claims the hours of power outages have been cut in half, so it would need to average twelve 8-hour days of blackouts.
If each customer has been having twelve full days of blackouts every year, perhaps the people running EPB should have been fired. If the current average is six full days of outages for each customer every year, perhaps they should still be fired.
I'm pretty sure I just did. Stamping the word "municipal" on it doesn't make it okay for the Chattanooga ISP to force you to buy gigabit fiber for the selected areas of their city.
Before you disagree, you should be aware this post is a community post, and it's green, so disagree with it at your peril.
Two months ago I bought my house, at the price the market determined was fair. A few months later I received the tax assessment at over 50% more than what it actually sold for on the open market, and over $100,000 more than I would have paid for it. That shows you how accurate tax assessments are.
I appealed, exactly as Apple is doing, and got the value set correctly. Each of the last two years, the government has assessed it as increasing in value 10% every year, the maximum amount they legally can. Home values in my area are not increasing 10% per year. They just want to tax me as much as possible.
The assessment was that far off on an ordinary house, that is basically just like all the neighboring houses, though larger than most. It should be an easy assessment since my house and others in the neighborhood have sold recently. The Apple buildings aren't just like all of the other buildings around them, so there isn't that easy comparison. Determining the value it might sell for is difficult and subjective. Maybe it would only sell for $200 million for the building (vs the land). Maybe it would sell for a billion. I don't know, but I sure don't assume that the county's first try is right and fair.
That's great, because I'd like to receive it gigabit internet paid for by someone else. You can pay for my fiber. I'll email you.
Why ME, why should you pay for MY gigabit? Well, why Chattanooga? Why should everyone in the entire country to forced to buy gigabit for a few people in Chattanooga? Is my family less deserving than the people in Chattanooga? My family includes two *black* *women*, so you also get to virtue signal about helping minorities.
And now it's once again time for those who scream "you're anti-science!" to rail against scientific solutions to the sins they religiously flagellate themselves for, when they aren't feeling smugly superior for bringing a bag to grocery store.
NTP will give you accurate time sync across your network of about 1 millisecond. Ntpd on your ntp server ( will keep your local network time to within a few milliseconds of worldwide network time. Frequently your DNS server or router will also serve as your DNS server.
You can of course connect a single GPS receiver to your NTP server and thereby keep your whole network within a millisecond or so of perfect time using just one GPS server.
Precision Time Protocol (PTP) provides much greater precision.
Again, of the $300 million spent to build the Chattanooga fiber, only 10% was paid by the customers receiving the service. $111 million, almost half, was paid with your and mine federal tax dollars. I'd rather have that money back to pay for me own internet, wouldn't you?
Slashdot Mirror
The SEC "requested* documents related to probable securities law violations by Musk some time ago. A subpoena is a demand by or on behalf of the court and you can go to jail for ignoring it.
Because it falls under "search and seizure", the fifth amendment requires probable cause or other appropriate justification under the 5th. Just as with searching a vehicle, that can happen to ways - a court can rule *ahead of time* that there is probable cause, or an officer can, in some situations, conduct a search if they have probable cause that they can show later. At very least, the SEC is dating that they have probable cause to believe there is a crime here.
Aside from the obvious manipulation charge, it is also law that corporate officers must send material information to ALL interested stockholders simultaneously, not just the ones they like. Telling favored people even fine minutes ahead of time (thereby allowing them to buy or sell before disfavored people know) is insider trading. Officers MUST make the information available to favored people, disfavored people, all stockholders, at the same time. Because he has actively blocked people he doesn't like from his Twitter feed, using that as the first place he announces material information is in violation of the law. He is at minimum technically commiting insider trading. What penalty he'll get for that we'll.hqvebto wait and see. It's clear cut insider trading when an officer of the corporation provides the information to favored people before providing it to disfavored people.
BTW people are talking about how much fault AT&T may have vs if this guy is at fault for using the wrong tool for the job. Let us not forget, really it's the thief's fault.
Whenever bad guys hack something, everyone wants to go after the company that got hacked. *IF* the company was reckless, that makes sense to a degree. There's also a criminal involved. That's who REALLY, obviously did something very wrong.
That is indeed an interesting question. There are two different factors at play.
I expect a certain amount of security from a $5 Masterlock.
I expect a greater amount of security from a American Lock Company shrouded shackle that costs $60.
I expect even more security from a $500 Medeco.
Similarly, I expect a pickup truck to be able to carry a 400 pound load. I expect a semi truck to be able to carry a 10,000 pound load. Ford isn't responsible if I put a 10,000 pound load on my F-150 and it doesn't work well. Wrong tool for the job.
Aside from how much security is expected, how much LIABILITY is there? The maker of a $5 lock might reasonably foresee that their lock would be used to secure a $50 item. Medeco knows their locks are used to secure $20,000 jewelry. If you use a $5 to "secure" a $10,000 item, that's on you. You used the wrong lock for the job.
Is a text message designed or expected to secure $xx million? Is it the right tool for the job?
What the hell city are YOU in?
I heard that city manager of Plano, TX once proposed a rate decrease from 47.86 to 46.86.
Everything I've found says "the Chronicle reports that Apple replied with a $200 valuation". So "everything" is a single article in the Chronicle. A one-letter typo in that one article is entirely possible. I tried to find the actual appeal document but it doesn't seem to be available on line.
As I said, either way, in thr end they came up with a valuation around $387M. Which means the county's assessment was nearly three times the actual value.
Had this been Google rather Apple, they would have replied with a proposed valuation of Pi dollars.
Ah darn.
It would have been much more fun if you had been in a hurry, drunk, or stupid and didn't think about catalytic converters. You could have declared the use of platinum to reduce carbon monoxide levels "ridiculous". Then hilarity would ensue.
> Tesla, actually is retrieving billions of vehicle-miles
Billions? Tesla's production numbers are in the thousands, not the millions. Does each one of their cars drive a million miles per year?
We don't know exactly what data each company is collecting. What we do know is that Tesla is a *small* and hopefully therefore agile company. Nothing about Tesla is "vast". BMW, Freightliner, or other actual auto industry companies could have been collecting only 1% as much data as Tesla per mile for the last ten years and they'd STILL have more data than Tesla. That's even assuming, for no reason at all, that Tesla captures a hundred times as much data per mile, a very questionable assumption.
We can also be fairly certain that Freightliner trucks drive a lot more miles per year, in more widely varying conditions, than your average Tesla.
There are plenty of good things to say about Tesla. You can talk about their vision. Pretending they have a huge advantage in "vast numbers" and "years of experience" just makes one look comically ignorant.
> fairly unlikely that small players every get audited
If you play Russian roulette with a 6-gun, it's fairly unlikely that you'll blow your brains out.
Let's guesstimate an income tax rate of 25% and suppose the dog costs $200 / month. That number may be high, but it'll do. The tax (fraud) savings would be $600 / year. So he's hoping for a gain of $600.
Tax fraud has a five year sentence. Risking prison time trying to save $600 isn't what I'd call a good idea.
The chance of an audit is probably much higher than he thinks, as well. First, x% of companies get audited EACH year. Ten times as many companies get audited each decade. Your odds of eventually getting caught are much higher than the odds each time. Criminalsis and keep committing crime over and over until they get caught.
Compounding that, audits aren't completely random. Those who cheat significantly on their taxes do so in order to claim little to no income every year. Tax authorities know this, and it's an easy pattern to spot. "Home based business with over $100,000 in revenue with less than $7K in profit for three years running" is an obvious group to do some audits on.
In short, people suck at evaluating risk.
I suspect Apple may have actually said $200 million.
All articles on the topic cite a single SF Chronicle article that said $200, so the author of the only article originating that number may have easily missed typing the M in $200M. Also, I see the Chronicle writer was careful to leave out important information about what happened with the appeal.
The assessment appeal the article was based on was in 2015, three years ago.
The Apple HQ building is currently assessed at $386 million.
Given the $386M number is the result after both sides presented their evidence and arguments, it's the most accurate / objective number available.
Given the actual value of $386M, that's closer to $200 than it is to a billion. The county was off by $614M, Apple was off by $386M. Meaning the original assessment was twice as ridiculous as Apple's (sarcastic?) response of $200, if in fact they said $200 as opposed to $200M.
Theoretically, platinum (and a lot of heat) could reduce carbon monoxide levels. Do you think that's practical?
> I have no problem paying 33 cents per city in America
There are 19,354 cities in the US (census.gov).
At 33 cents per person per city, that's $6,386.82 per person.
At 2.58 people per family, your family's bill is $16,478
I don't know about you, but I don't have an extra $16,478 that I want to spend on that. I have more important things to pay for, like my wife's surgeries. You really have $16,478 laying around that yoy have no better use for? You also see no problem with FORCING every other family in country to pay $16,478 to install (not maintain) fiber in the cities?
No, the $111 million number GP mentioned was over of the numbers I posted. GP simply said that taxpayer money has also been spent on other questionable things, and then then implied that this particular stupidness is "not relevant" because there have also been other bad things.
GP simply ignored the other $160 million taken from people who don't get the service.
This is about a property evaluation 2015, three years ago. I find it interesting that the Chronicle article this is based on, and all of the articles parroting the Chronicle, conveniently leave out the result. When reporting on "Apple appealed the county's assessment three years ago", wouldn't it make sense to tell us how the appeal turned out?
I see that the current tax assessment for the Apple headquarters building is $398,600,000. It may be that Apple's value is closer to correct than the number the county initially tried to get them for.
Wrote:
Two months ago I bought my house,
That should be:
Two years ago I bought my house,
That IS one heck of a sentence, isn't it?
Some people scream "you're anti-science" when someone points out problems with their arguments.
Some of those same people who scream about "anti-science" seem to get rather upset when scientific solutions are proposed, going quite anti-science themselves.
It seems perhaps their resistance to scientific / engineering *solutions* may be because:
a) they have more interest in either flagellating themselves or
b) feeling smugly superior while they wear their recycled rubber shoes to drive an extra 20 miles to get organic chick peas.
Speaking of sentences, here's an interesting sentence which uses correct grammar:
Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo.
> but since many industries and companies received money
So you're thinking that if you do a LOT of $something_bad, that makes it good?
$100 million due to power outages, eh?
So that would be a reduction of six full working days at the average business in their service area.
EPB claims the hours of power outages have been cut in half, so it would need to average twelve 8-hour days of blackouts.
If each customer has been having twelve full days of blackouts every year, perhaps the people running EPB should have been fired. If the current average is six full days of outages for each customer every year, perhaps they should still be fired.
I'm pretty sure I just did. Stamping the word "municipal" on it doesn't make it okay for the Chattanooga ISP to force you to buy gigabit fiber for the selected areas of their city.
Before you disagree, you should be aware this post is a community post, and it's green, so disagree with it at your peril.
Two months ago I bought my house, at the price the market determined was fair. A few months later I received the tax assessment at over 50% more than what it actually sold for on the open market, and over $100,000 more than I would have paid for it. That shows you how accurate tax assessments are.
I appealed, exactly as Apple is doing, and got the value set correctly. Each of the last two years, the government has assessed it as increasing in value 10% every year, the maximum amount they legally can. Home values in my area are not increasing 10% per year. They just want to tax me as much as possible.
The assessment was that far off on an ordinary house, that is basically just like all the neighboring houses, though larger than most. It should be an easy assessment since my house and others in the neighborhood have sold recently. The Apple buildings aren't just like all of the other buildings around them, so there isn't that easy comparison. Determining the value it might sell for is difficult and subjective. Maybe it would only sell for $200 million for the building (vs the land). Maybe it would sell for a billion. I don't know, but I sure don't assume that the county's first try is right and fair.
You have the MgCO3 on the wrong side of the equation.
CO2 + ? => MgCO3
Without looking up this process exactly, I'd guess something like:
CO2 + MgO => MgCO3
So you want to do more of the same type of thing?
That's great, because I'd like to receive it gigabit internet paid for by someone else. You can pay for my fiber. I'll email you.
Why ME, why should you pay for MY gigabit? Well, why Chattanooga? Why should everyone in the entire country to forced to buy gigabit for a few people in Chattanooga? Is my family less deserving than the people in Chattanooga? My family includes two *black* *women*, so you also get to virtue signal about helping minorities.
And now it's once again time for those who scream "you're anti-science!" to rail against scientific solutions to the sins they religiously flagellate themselves for, when they aren't feeling smugly superior for bringing a bag to grocery store.
Are there no nerds on Slashdot anymore?
Has this turned into Facebook, where trolling utterly irelevant crap somehow gets this many replies?
There is an actual conversation about the topic below.
You should be ashamed of yourself.
NTP will give you accurate time sync across your network of about 1 millisecond. Ntpd on your ntp server ( will keep your local network time to within a few milliseconds of worldwide network time. Frequently your DNS server or router will also serve as your DNS server.
You can of course connect a single GPS receiver to your NTP server and thereby keep your whole network within a millisecond or so of perfect time using just one GPS server.
Precision Time Protocol (PTP) provides much greater precision.
NTP is far more common.
Again, of the $300 million spent to build the Chattanooga fiber, only 10% was paid by the customers receiving the service. $111 million, almost half, was paid with your and mine federal tax dollars. I'd rather have that money back to pay for me own internet, wouldn't you?