Hmm... You might find the board did something illegal if they intentionally elected a CEO who was a bumbling idiot. Well, not you, the courts. I don't recall such ever happening. I have taken a look at a couple of cases involving fiduciary duty but that was... err... 20 years ago?
I'm pretty sure I've seen the numbers in the past and it was a small amount but I think it was something like >5% that hit the exact 100 mark as an average of all test takers. It's not a significant number but it's enough to mean that exactly 50% can not be on one side or the other.
The missus is mad at you. I laughed loud enough to wake her up. I didn't mean to but it was that funny - even if not meant to be. I told her to blame it on some probable naval aviator and she glared at me and went back to sleep. Ah well... Were I still a drinking man, you'd owe me a keyboard. Well, maybe. It's five in the morning so perhaps not.
That is well and good and is quite well known. What, specifically, is the claim in this case? Is she guilty, or not, of the allegations made by the OP and then magicked away by the comment about Fox News? Is the poster, in fact, correct in their allegations and what has Fox to do with this?
I dunno... I am not a lawyer but I do pay a lawyer, have spent a lot of money on lawyers, have spent quite a bit of time court, and actually spent some time in school in a mock court helping to train future lawyers (part of the work-study program). So, with that in mind...
Precedent might not fit - the companies didn't try to block parts that were software. Companies can, and do, block access to certain parts of your car's software. This is simply a software block. They're not telling the customer that they can't use third party hardware, they're just not supporting it. They're not stopping the other manufacturers from making the devices by fiat, they're simply making the device incompatible.
Additionally, letting unknown devices onto your network is bad - this has been repeated time and time again by the IoT people. Letting the devices that you don't have control over connect is bad. This has been repeated over and over again by those same people. This is a step in that direction. Like Apple, I am not an owner of their devices, you get security from a walled-garden effect, well some security. Sure, there are other ways, but this is a move in the right direction (I think).
It may not be altruistic but it's the right direction. If there's sloppy and non-compliant hardware being attached then not authenticating it or allowing it to access the hub is a good idea. Yet, few seem to have put this together and have jumped to a lot of conclusions. I'm sure that there will be plenty claiming that they can do it better or would do it better (if we get that far in a discussion) but I don't see their products or they'd be crowing about those.
But, I'm not sure we'll see precedent called on in a court case. There are plenty of pieces of hardware that simply do not work with other hardware and the OEMs vs. aftermarkets were fighting a different angle as I recall. Automobiles already do things like require special OEM-only computer diagnostic equipment and don't have open standards for some of their data. Any company reverse engineering this for profit would potentially face a DMCA slap as well.
Now that he's made the papers and news, he'll get more attention as a side-effect and get companies due to the sympathy dollar. He shouldn't change his business name at all or at least make sure the old number is forwarded to his new number. He's accomplished the goal given to him by his lawyer and, likely, crisis management/PR advisor he's hired for just this occasion. Those two are the first two calls you should make when something like this happens and both are available at fairly low prices with the latter working on contingency.
He's not going to win this amount of money. He's not going to collect much of what he does win in a timely fashion. His lawyer's going to take a good portion of this money. The winnings, because they're substituting income lost, will probably be considered taxable income. The suit's got not a damned thing to do with winning dollars. Even if he changes the business name, that too will get loads of publicity and the old number will probably stay working and listed. He's gonna be just fine and is doing the "right" thing.
If you get bad PR you call a lawyer and you call a PR or reputation manager to come advise you - even if you're not going to sue, you want a lawyer. You want a PR advisor because they'll help you get out from under this or, in many cases, spin it to a positive. In this case, it's very clever spinning but rather run of the mill. I've never had to deal with it personally but I have some peers who have - you see it sometimes in local restaurants and things of that nature. It's usually a bit more low-key than this but reputations are much easier to repair than people on Slashdot seem to think.
An example might be that I try to avoid all Sony products knowingly. I have since the rootkit days. Yeah... That's doing me a lot of good. Boy, that really harmed that company. Six months later, people saw a Sony product and didn't even think about why they'd heard the name before. They just remembered that Sony was something that someone was talking about so it must be good. We're humans. We're not reason machines but we're pretty good at reasoning. This company has far more advertisement and far more effective advertisement than he could ever hope to pay for. He's either a genius or has paid for a professional. There's a slim chance that he's gotten shit lucky but I'm almost certain that this smells like a professional reputation manager's work.
It's truly brilliant work on their behalf and a good indication of why you should hire one if you're having issues. Some of them are quite good. A restaurateur friend of mine, to go back to the beginning(ish), had a power outage and the generators did not kick in. This went partially unnoticed and the walk-in thingy (not quite a walk-in with a door but has plastic flap thingies, got warmer than it should have. He ended up shutting down because they found maggots in the food - none were served as far as anyone knows. Anyhow, the press had a field day and it was a few days cleaning and getting things squared away. But, he stayed closed just a wee bit longer than he needed to... Why? Well...
He hired a professional, as advised by his lawyer, and they changed the seating arrangement while giving out $5 coupons to the first 50 people to visit the following Friday night. The place was packed, the average entree was like $15 at the time, and was a hit not long after that. The coupon AND the obvious change (the seating) was enough for the customers to assume something was different and changed. Reality was, just the generator had been fixed, cleaned the freezer and bleached it out, and gave his staff a couple of extra days to get a few other jobs done while the place was empty. It worked wonders and, really, the only thing he did was clean up the mess and get the generator fixed.
I've actually pondered picking up a Hilux. I understand you can get them kitted out quite nicely and the ones I've seen have been really impressive. (Un)fortunately, I've already got a couple of pickups in my stable so I really can't justify it even when I'm already in the market for a surplus HMMWV. I just haven't found one in the condition that I want, at a price that I'm willing to pay. I'm a bit picky like that.
I like the way you think. Were I still actively seeking intelligent people to hire, you'd be on my list of folks to court. Probably just to make sure you didn't get into the hands of my competitor but, still. I'm sure you could be cross-trained and be an asset somewhere though you're probably unfamiliar with traffic modeling. Heh... Marketing it is...
If we're going to go through all that trouble, can't we just, you know, send them there in person? It's not too much to ask, is it? I'd help crowd-fund a project like that. We don't even have to force them or do anything illegal. We'll just send 'em on a campaign trip, all expenses paid, and maybe lose the return tickets.
The two of them could see the plight of their fellow humans, see through their differences, learn to cooperate through thick and rough times, and be great friends in the end - maybe even have an affair. Then we'd broadcast it, get the entertainment value from both of them, and be able to elect competent people to office while they're busy with their new project.
We can call it, "Taming ISIS." Hmm... Maybe we can call it, "The Shrew, Sheepdog, and ISIS and How They Learned to Love."
What about what he said are you arguing and suggesting that Fox news has reported inaccurately? (I do not watch Fox news nor am I a Republican. I'm probably quite far to the left of you, politically, but for very different reasons.)
Well, it's rather unlikely that my donating to any of those companies will put your family on a watch list so your family should be safe.
Actually, wait... No, it might. Sometimes I make anonymous donations and you're Anonymous Coward. Err... Please tell Mrs. Coward, Junior Coward, and Sister Coward to be careful and that I'm sorry but some things must be done in the name of freedom. Freedoms do entail risks, after all. If you don't want risks then you don't want freedom. That's okay for you to choose.
My family, in as much as I know, are quite pleased (proud even) of my behavior and tend to act in similar ways. None of us appear to be on any watch lists. If we are, then we're still allowed to travel. I own a couple of classed firearms and a rather large collection of others. I have a permit to conceal carry. I am, technically, in Washington D.C. right this minute. I have a variety of assets on the internet at large. Worse, I'll be running for State Senate in Maine in 2016.
So, either they've rightfully concluded that I'm entirely harmless or they're still watching me. They should probably spend fewer dollars watching me and just meander over for a cup of coffee and breakfast. They're far more likely to get information from me that way then they are by looking for a bunch of disparate sources.
Remember, I'm all about freedom which includes the freedom to tell them anything they're really curious about, if they just ask me nicely. I maintain the right to not give them any information, of course, but a nice little chat would be kind of amusing for a while. It would also save them some tax dollars and time. It's not like I've anything to hide. I just support YOUR right to hide it if you want to. In fact, I support it quite strongly - up to and including this seemingly risky act of donating to worthy charitable causes.
So don't worry Anonymous Coward... I'll remember you and the next time I donate, I'll donate a little extra on your behalf. I won't even put your name in the comments unless you want me to add, "A little bit added on behalf of Anonymous Coward who was scared that doing so would get him on a government watch list." 'Cause I'll do that, you know. It'll probably be just before or just after tax time (depends on what my accountant tells me I've spent) and I can remember to add it. I can even make a note.
Higher up this thread, I posted a different result than what you're expecting. I'm not going to repeat it but you're free to expand the thread or view my post history for one made a while before this one. I did quite well with a good chunk of Yahoo! stock. It was, shall we say, lucrative but I'm a gambling man yet, at the same time, not horribly greedy. I divested a little over a year ago.
This is true... I apply Slashdot logic and reasoning to (some) of my investing. I've been at it for nearly six years now. I don't drink now but I came up with the idea when I was drunk and, lo and behold, it actually, kind of, works. I should note that I quit drinking about three years ago, a bit over - actually. With that note comes this; I did absolutely horrific, losing great sums of cash, for the first year and a half. Coincidence? Probably.
Marissa has been CEO of Yahoo! since sometime in 2012, July(ish) as I recall.
While your post is interesting, it is neither informative nor based on factual data. My memory is faulty but I was interested and researched the company a couple of years ago. They've been around since like 1991 and have had something like 7 CEOs during that time.
Feel free to double check my work. A number or two might be off but that won't matter. Marissa's hire date should be at about that time and the overall number of CEOs is likely to be fairly close. Interesting? Yes, in much the way the Wizard of Oz is interesting but hardly factual or informative - or even correct.
I may not be in my right mind but I noticed Yahoo! coming up, again and again, in often unrelated topics here on this site and a few others. So, I looked. Their stock was cheap and I figured that I'd buy some and maybe lose a little so I bought a lot as it would be unlikely that I'd lose a little. It wasn't long after that the stock started going up. It climbed quite a bit. I held it for a little while over a year and sold last November (mid-months as I recall). I don't know exactly what the values were but it was pretty friggen' lucrative.
I'd not still hold those shares but I did well with them - far above average. I made a good amount of cash on it. I only buy something that I'm going to hold for a while and then I don't get greedy. After a year, I watch, and when I notice a spike - I sell. I don't even monitor closely or anything. I mostly just read Slashdot, Fark, and some Google News as well as a few other news aggregations sites. I mostly read the comments where the actual employees might be talking. Basically, I listen to people smarter than I am and then check out the financial information. I look for trends or, more accurately, trendy companies who are probably going to make a comeback.
That's how I ended up with a good chunk of Tesla. It's how I'm *very* likely to have a good chunk of VW when they start getting nailed with their legal repercussions this summer. I know VW will be back. I'm patient and can hold the shares for five, ten, fifteen years. I'd much rather hold for less than three but I'm okay with a longer period. I'm in no rush and the money isn't going anywhere. It can even lose value in the interim. Even if it goes down, it hopefully won't go much lower than my purchase price.
Even if it does go below that, unless they fold I won't lose everything and, even if they do, I still probably won't lose everything because I'll have purchased quite a few shares and they'll still have assets to sell. Creditors will get it first but that's okay, I'll still get something and not be too bad off - it was gambling money anyhow. Hell, I can write it off as a loss and be done with it. I'm not sure but I might even be able to amortize the losses and not have to write it off all in one year. I'm told that comes in handier than one might think but, actually, I don't do my own taxes.
So, I probably should not be posting this in Slashdot but you've all helped me out many, many times with my choices. Look at VW - watch for them to sink really low. Decide how low you're wanting them to go. Go in big, I mean huge. It's worth it, possibly, to even take out a second mortgage or refinance your home for something like this. It's not like VW is going away. Not a chance in hell. The German state won't let them, it's not happening. Let the fallout happen and while it's really rough, when folks are dumping, grab as much as you can get your greedy little dick-beaters on and hoard it like gold. I can almost guarantee that you'll beat the interest rate by at least an order of magnitude if you hold for just a few years.
Key point, don't be greedy. When you see it hit, say, triple your purchase price - bail. Don't wait. Don't stay in. Don't even stay in a little. Take out all your "winnings" immediately, pay the taxes, and keep your now lovely investment money in the pot. I was told I was an idiot and crazy for taking investment advice from Slashdot. They're right. I don't. I've never once invested in a single company that I was told to invest in on this site. Instead, I listened to what you said about the tech, how excited you were, and what was not said.
It did take me a year and a half to learn and a while to turn things around. My first year and a half I lost something like 48%. When I did the math six months ago, including that period of time, I'm at about a 17% average annual rate but I only count what's traded or sold in that rate - in other words, I'd have a much higher rate if I counted the increased value of things like Tesla shares. Why the strange math? It's a more accurate accountin
I don't think the fiduciary regulations cover negligence. You can, legally, be a negligent CEO. They're meant to cover willful acts and knowing acts, to the exclusion of all others, as far as I know. Basically, they can be a bumbling idiot but if they're purposefully a bumbling idiot WITH the aim of being harmful then it's a violation of the law. I think there's also a degree to which it can become a criminal act instead of just a civil offense though I'm not sure where the split lies.
Nah, Bernie will tax the rich and give the bulbs out to the poor. Those will be given out to lower energy costs as they last longer and use less energy. The bonus is they'll take up less space in landfills. That will be known as the BernieBulb and everyone will hate it because "socialism."
Oddly, I've got a few dollars accumulated and I'm a Bernie supporter. Even stranger, I'm a Libertarian. To be a bit more clear, I'm not a Randian. Ayn Rand was an idiot. I'm best referred to as a Classical Libertarian or, perhaps, a Socialist Libertarian. I'm not overly fond of the title of the latter but it's actually fairly close to my ideals but I've reached those conclusions for different reasons than most. I'd elaborate but you won't read it.
I have found shaving cream and a disposable razor to be the best choice for me. I just use cheap ones that the housekeeper picks up for me, double-bladed Bics with some sort of lotion pad thingy on 'em have been the more recent types. Single blade works but I've got wiry hair so I sometimes need to make multiple passes. When I shaved my head regularly, they worked just fine for that. I can do it in a shower but I prefer to be able to see what I'm doing as I always end up missing something and needing to hit it again in the mirror anyhow.
*sighs* DRM is all sorts of things. Your history is sorely lacking on the subject. RMS started the movement back at MIT when the administrators started making everybody use passwords. He, and some friends, started encouraging everyone to either use the same password or, better, to simply leave the password field blank. DRM is digital rights management. I'm 100% certain that you're a fan of it. If not then stop using CHMOD, CHOWN, and let me know your password.
Yeah, it looks like they're improving overall quality and increasing security yet you get people who are planning on boycotting, throwing up their fists of rage, and are generally unhappy that a company is moving in the right direction. "No, we're not going to let buggy shit work with our products because it causes problems." (These bugs potentially lead to security issues.) So, they're going in the right direction and the people who were so adamant about this sort of stuff are angry. Fortunately, companies know enough to ignore them and their plaintive cries of woe. Most of the world ignores them too. Thus, they never get anything accomplished yet they wonder why...
Well, that sums it up. I'm never buying a network enabled light bulb from this company, ever!
Why? This might actually be a valid thing - this might benefit security by refusing to work with unknown hardware. In fact, it probably does eliminate a security hole. Haven't you been asking for security with your new devices?
I've been using uMatrix for years but I use it with Opera. It's nice that you FF folks finally got it. ;-)
Hmm... You might find the board did something illegal if they intentionally elected a CEO who was a bumbling idiot. Well, not you, the courts. I don't recall such ever happening. I have taken a look at a couple of cases involving fiduciary duty but that was... err... 20 years ago?
I'm pretty sure I've seen the numbers in the past and it was a small amount but I think it was something like >5% that hit the exact 100 mark as an average of all test takers. It's not a significant number but it's enough to mean that exactly 50% can not be on one side or the other.
with pictures and everything.
The missus is mad at you. I laughed loud enough to wake her up. I didn't mean to but it was that funny - even if not meant to be. I told her to blame it on some probable naval aviator and she glared at me and went back to sleep. Ah well... Were I still a drinking man, you'd owe me a keyboard. Well, maybe. It's five in the morning so perhaps not.
That is well and good and is quite well known. What, specifically, is the claim in this case? Is she guilty, or not, of the allegations made by the OP and then magicked away by the comment about Fox News? Is the poster, in fact, correct in their allegations and what has Fox to do with this?
I dunno... I am not a lawyer but I do pay a lawyer, have spent a lot of money on lawyers, have spent quite a bit of time court, and actually spent some time in school in a mock court helping to train future lawyers (part of the work-study program). So, with that in mind...
Precedent might not fit - the companies didn't try to block parts that were software. Companies can, and do, block access to certain parts of your car's software. This is simply a software block. They're not telling the customer that they can't use third party hardware, they're just not supporting it. They're not stopping the other manufacturers from making the devices by fiat, they're simply making the device incompatible.
Additionally, letting unknown devices onto your network is bad - this has been repeated time and time again by the IoT people. Letting the devices that you don't have control over connect is bad. This has been repeated over and over again by those same people. This is a step in that direction. Like Apple, I am not an owner of their devices, you get security from a walled-garden effect, well some security. Sure, there are other ways, but this is a move in the right direction (I think).
It may not be altruistic but it's the right direction. If there's sloppy and non-compliant hardware being attached then not authenticating it or allowing it to access the hub is a good idea. Yet, few seem to have put this together and have jumped to a lot of conclusions. I'm sure that there will be plenty claiming that they can do it better or would do it better (if we get that far in a discussion) but I don't see their products or they'd be crowing about those.
But, I'm not sure we'll see precedent called on in a court case. There are plenty of pieces of hardware that simply do not work with other hardware and the OEMs vs. aftermarkets were fighting a different angle as I recall. Automobiles already do things like require special OEM-only computer diagnostic equipment and don't have open standards for some of their data. Any company reverse engineering this for profit would potentially face a DMCA slap as well.
Now that he's made the papers and news, he'll get more attention as a side-effect and get companies due to the sympathy dollar. He shouldn't change his business name at all or at least make sure the old number is forwarded to his new number. He's accomplished the goal given to him by his lawyer and, likely, crisis management/PR advisor he's hired for just this occasion. Those two are the first two calls you should make when something like this happens and both are available at fairly low prices with the latter working on contingency.
He's not going to win this amount of money. He's not going to collect much of what he does win in a timely fashion. His lawyer's going to take a good portion of this money. The winnings, because they're substituting income lost, will probably be considered taxable income. The suit's got not a damned thing to do with winning dollars. Even if he changes the business name, that too will get loads of publicity and the old number will probably stay working and listed. He's gonna be just fine and is doing the "right" thing.
If you get bad PR you call a lawyer and you call a PR or reputation manager to come advise you - even if you're not going to sue, you want a lawyer. You want a PR advisor because they'll help you get out from under this or, in many cases, spin it to a positive. In this case, it's very clever spinning but rather run of the mill. I've never had to deal with it personally but I have some peers who have - you see it sometimes in local restaurants and things of that nature. It's usually a bit more low-key than this but reputations are much easier to repair than people on Slashdot seem to think.
An example might be that I try to avoid all Sony products knowingly. I have since the rootkit days. Yeah... That's doing me a lot of good. Boy, that really harmed that company. Six months later, people saw a Sony product and didn't even think about why they'd heard the name before. They just remembered that Sony was something that someone was talking about so it must be good. We're humans. We're not reason machines but we're pretty good at reasoning. This company has far more advertisement and far more effective advertisement than he could ever hope to pay for. He's either a genius or has paid for a professional. There's a slim chance that he's gotten shit lucky but I'm almost certain that this smells like a professional reputation manager's work.
It's truly brilliant work on their behalf and a good indication of why you should hire one if you're having issues. Some of them are quite good. A restaurateur friend of mine, to go back to the beginning(ish), had a power outage and the generators did not kick in. This went partially unnoticed and the walk-in thingy (not quite a walk-in with a door but has plastic flap thingies, got warmer than it should have. He ended up shutting down because they found maggots in the food - none were served as far as anyone knows. Anyhow, the press had a field day and it was a few days cleaning and getting things squared away. But, he stayed closed just a wee bit longer than he needed to... Why? Well...
He hired a professional, as advised by his lawyer, and they changed the seating arrangement while giving out $5 coupons to the first 50 people to visit the following Friday night. The place was packed, the average entree was like $15 at the time, and was a hit not long after that. The coupon AND the obvious change (the seating) was enough for the customers to assume something was different and changed. Reality was, just the generator had been fixed, cleaned the freezer and bleached it out, and gave his staff a couple of extra days to get a few other jobs done while the place was empty. It worked wonders and, really, the only thing he did was clean up the mess and get the generator fixed.
I don't remember their full username but there's someone here on /. who's using the name Isis.
I've actually pondered picking up a Hilux. I understand you can get them kitted out quite nicely and the ones I've seen have been really impressive. (Un)fortunately, I've already got a couple of pickups in my stable so I really can't justify it even when I'm already in the market for a surplus HMMWV. I just haven't found one in the condition that I want, at a price that I'm willing to pay. I'm a bit picky like that.
I like the way you think. Were I still actively seeking intelligent people to hire, you'd be on my list of folks to court. Probably just to make sure you didn't get into the hands of my competitor but, still. I'm sure you could be cross-trained and be an asset somewhere though you're probably unfamiliar with traffic modeling. Heh... Marketing it is...
If we're going to go through all that trouble, can't we just, you know, send them there in person? It's not too much to ask, is it? I'd help crowd-fund a project like that. We don't even have to force them or do anything illegal. We'll just send 'em on a campaign trip, all expenses paid, and maybe lose the return tickets.
The two of them could see the plight of their fellow humans, see through their differences, learn to cooperate through thick and rough times, and be great friends in the end - maybe even have an affair. Then we'd broadcast it, get the entertainment value from both of them, and be able to elect competent people to office while they're busy with their new project.
We can call it, "Taming ISIS." Hmm... Maybe we can call it, "The Shrew, Sheepdog, and ISIS and How They Learned to Love."
While I withhold my opinion, let me ask...
What about what he said are you arguing and suggesting that Fox news has reported inaccurately? (I do not watch Fox news nor am I a Republican. I'm probably quite far to the left of you, politically, but for very different reasons.)
Well, it's rather unlikely that my donating to any of those companies will put your family on a watch list so your family should be safe.
Actually, wait... No, it might. Sometimes I make anonymous donations and you're Anonymous Coward. Err... Please tell Mrs. Coward, Junior Coward, and Sister Coward to be careful and that I'm sorry but some things must be done in the name of freedom. Freedoms do entail risks, after all. If you don't want risks then you don't want freedom. That's okay for you to choose.
My family, in as much as I know, are quite pleased (proud even) of my behavior and tend to act in similar ways. None of us appear to be on any watch lists. If we are, then we're still allowed to travel. I own a couple of classed firearms and a rather large collection of others. I have a permit to conceal carry. I am, technically, in Washington D.C. right this minute. I have a variety of assets on the internet at large. Worse, I'll be running for State Senate in Maine in 2016.
So, either they've rightfully concluded that I'm entirely harmless or they're still watching me. They should probably spend fewer dollars watching me and just meander over for a cup of coffee and breakfast. They're far more likely to get information from me that way then they are by looking for a bunch of disparate sources.
Remember, I'm all about freedom which includes the freedom to tell them anything they're really curious about, if they just ask me nicely. I maintain the right to not give them any information, of course, but a nice little chat would be kind of amusing for a while. It would also save them some tax dollars and time. It's not like I've anything to hide. I just support YOUR right to hide it if you want to. In fact, I support it quite strongly - up to and including this seemingly risky act of donating to worthy charitable causes.
So don't worry Anonymous Coward... I'll remember you and the next time I donate, I'll donate a little extra on your behalf. I won't even put your name in the comments unless you want me to add, "A little bit added on behalf of Anonymous Coward who was scared that doing so would get him on a government watch list." 'Cause I'll do that, you know. It'll probably be just before or just after tax time (depends on what my accountant tells me I've spent) and I can remember to add it. I can even make a note.
Higher up this thread, I posted a different result than what you're expecting. I'm not going to repeat it but you're free to expand the thread or view my post history for one made a while before this one. I did quite well with a good chunk of Yahoo! stock. It was, shall we say, lucrative but I'm a gambling man yet, at the same time, not horribly greedy. I divested a little over a year ago.
This is true... I apply Slashdot logic and reasoning to (some) of my investing. I've been at it for nearly six years now. I don't drink now but I came up with the idea when I was drunk and, lo and behold, it actually, kind of, works. I should note that I quit drinking about three years ago, a bit over - actually. With that note comes this; I did absolutely horrific, losing great sums of cash, for the first year and a half. Coincidence? Probably.
Marissa has been CEO of Yahoo! since sometime in 2012, July(ish) as I recall.
While your post is interesting, it is neither informative nor based on factual data. My memory is faulty but I was interested and researched the company a couple of years ago. They've been around since like 1991 and have had something like 7 CEOs during that time.
Feel free to double check my work. A number or two might be off but that won't matter. Marissa's hire date should be at about that time and the overall number of CEOs is likely to be fairly close. Interesting? Yes, in much the way the Wizard of Oz is interesting but hardly factual or informative - or even correct.
I may not be in my right mind but I noticed Yahoo! coming up, again and again, in often unrelated topics here on this site and a few others. So, I looked. Their stock was cheap and I figured that I'd buy some and maybe lose a little so I bought a lot as it would be unlikely that I'd lose a little. It wasn't long after that the stock started going up. It climbed quite a bit. I held it for a little while over a year and sold last November (mid-months as I recall). I don't know exactly what the values were but it was pretty friggen' lucrative.
I'd not still hold those shares but I did well with them - far above average. I made a good amount of cash on it. I only buy something that I'm going to hold for a while and then I don't get greedy. After a year, I watch, and when I notice a spike - I sell. I don't even monitor closely or anything. I mostly just read Slashdot, Fark, and some Google News as well as a few other news aggregations sites. I mostly read the comments where the actual employees might be talking. Basically, I listen to people smarter than I am and then check out the financial information. I look for trends or, more accurately, trendy companies who are probably going to make a comeback.
That's how I ended up with a good chunk of Tesla. It's how I'm *very* likely to have a good chunk of VW when they start getting nailed with their legal repercussions this summer. I know VW will be back. I'm patient and can hold the shares for five, ten, fifteen years. I'd much rather hold for less than three but I'm okay with a longer period. I'm in no rush and the money isn't going anywhere. It can even lose value in the interim. Even if it goes down, it hopefully won't go much lower than my purchase price.
Even if it does go below that, unless they fold I won't lose everything and, even if they do, I still probably won't lose everything because I'll have purchased quite a few shares and they'll still have assets to sell. Creditors will get it first but that's okay, I'll still get something and not be too bad off - it was gambling money anyhow. Hell, I can write it off as a loss and be done with it. I'm not sure but I might even be able to amortize the losses and not have to write it off all in one year. I'm told that comes in handier than one might think but, actually, I don't do my own taxes.
So, I probably should not be posting this in Slashdot but you've all helped me out many, many times with my choices. Look at VW - watch for them to sink really low. Decide how low you're wanting them to go. Go in big, I mean huge. It's worth it, possibly, to even take out a second mortgage or refinance your home for something like this. It's not like VW is going away. Not a chance in hell. The German state won't let them, it's not happening. Let the fallout happen and while it's really rough, when folks are dumping, grab as much as you can get your greedy little dick-beaters on and hoard it like gold. I can almost guarantee that you'll beat the interest rate by at least an order of magnitude if you hold for just a few years.
Key point, don't be greedy. When you see it hit, say, triple your purchase price - bail. Don't wait. Don't stay in. Don't even stay in a little. Take out all your "winnings" immediately, pay the taxes, and keep your now lovely investment money in the pot. I was told I was an idiot and crazy for taking investment advice from Slashdot. They're right. I don't. I've never once invested in a single company that I was told to invest in on this site. Instead, I listened to what you said about the tech, how excited you were, and what was not said.
It did take me a year and a half to learn and a while to turn things around. My first year and a half I lost something like 48%. When I did the math six months ago, including that period of time, I'm at about a 17% average annual rate but I only count what's traded or sold in that rate - in other words, I'd have a much higher rate if I counted the increased value of things like Tesla shares. Why the strange math? It's a more accurate accountin
I'd sex the two of 'em. Bathe them and send them to my tent.
Better yet, don't bathe them.
I don't think the fiduciary regulations cover negligence. You can, legally, be a negligent CEO. They're meant to cover willful acts and knowing acts, to the exclusion of all others, as far as I know. Basically, they can be a bumbling idiot but if they're purposefully a bumbling idiot WITH the aim of being harmful then it's a violation of the law. I think there's also a degree to which it can become a criminal act instead of just a civil offense though I'm not sure where the split lies.
They also lacked the proprietary or non-standard connectors on their products as many others did at various stages in history.
Nah, Bernie will tax the rich and give the bulbs out to the poor. Those will be given out to lower energy costs as they last longer and use less energy. The bonus is they'll take up less space in landfills. That will be known as the BernieBulb and everyone will hate it because "socialism."
Oddly, I've got a few dollars accumulated and I'm a Bernie supporter. Even stranger, I'm a Libertarian. To be a bit more clear, I'm not a Randian. Ayn Rand was an idiot. I'm best referred to as a Classical Libertarian or, perhaps, a Socialist Libertarian. I'm not overly fond of the title of the latter but it's actually fairly close to my ideals but I've reached those conclusions for different reasons than most. I'd elaborate but you won't read it.
I have found shaving cream and a disposable razor to be the best choice for me. I just use cheap ones that the housekeeper picks up for me, double-bladed Bics with some sort of lotion pad thingy on 'em have been the more recent types. Single blade works but I've got wiry hair so I sometimes need to make multiple passes. When I shaved my head regularly, they worked just fine for that. I can do it in a shower but I prefer to be able to see what I'm doing as I always end up missing something and needing to hit it again in the mirror anyhow.
*sighs* DRM is all sorts of things. Your history is sorely lacking on the subject. RMS started the movement back at MIT when the administrators started making everybody use passwords. He, and some friends, started encouraging everyone to either use the same password or, better, to simply leave the password field blank. DRM is digital rights management. I'm 100% certain that you're a fan of it. If not then stop using CHMOD, CHOWN, and let me know your password.
Yeah, it looks like they're improving overall quality and increasing security yet you get people who are planning on boycotting, throwing up their fists of rage, and are generally unhappy that a company is moving in the right direction. "No, we're not going to let buggy shit work with our products because it causes problems." (These bugs potentially lead to security issues.) So, they're going in the right direction and the people who were so adamant about this sort of stuff are angry. Fortunately, companies know enough to ignore them and their plaintive cries of woe. Most of the world ignores them too. Thus, they never get anything accomplished yet they wonder why...
Well, that sums it up. I'm never buying a network enabled light bulb from this company, ever!
Why? This might actually be a valid thing - this might benefit security by refusing to work with unknown hardware. In fact, it probably does eliminate a security hole. Haven't you been asking for security with your new devices?