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Comment Re:Q:If they have money and think they'll make mon (Score 1) 28

How is this company worth a trillion $?

Oh, that part is easy. If I sell you 1% of my company for $10 Billion dollars, the company is "valued" at $1 Trillion.

The last sale sets the stock price. The value is shares * price. When a company is not traded publicly, we can make the numbers whatever we want them to be.

It looks good on the balance sheets of the investor companies to own part of a high-value company, so they are willing to play along. Especially when the agreement is a circle-jerk of company-A investing in company-B so that company-A can buy product/services from company-B.

Company-B now owns part of really valuable company-A, and company-B booked a large sale at the same time. The only real expense was some product which had a marginal cost anyway. Two great things to report on the quarterlies to push up company-B's stock price.

And if company-C buys in to company-A next quarter via the same scheme, company-B can report that the value of their ownership of part of company-A has gone up! Another positive to put in the quarterly report to push company-B's stock price even higher.

Rinse and repeat. Until the bubble pops.

Comment Re:"Fears"?? (Score 1) 21

To that end, I wonder if there is (or ought to be) a different word for when everybody is in on the joke. Or is that just 'meme stock?' Nobody is buying these particular stocks in the hopes of future dividends justifying the purchase price. Whereas in bubbles like Worldcom, or early Railroads, they did. Then there's Tesla which seems to be some of both.

Comment Re: Apple should be thanking devs, not screwing th (Score 1) 19

Dev thank Apple by making apps for their devices which in turn gives customers reason to buy Apple devices. The issue here is that Apple demands dev to prostrate themselves in front of Apple. These are not the same.

And yes, developers do pay for these things, no one is demanding it for free. Apple deems it's worth $99 a year for the tools, as well as the purchase of there devices. This is the fee they demand all people have to pay to make apps regardless if it has payments or not, it's on their website.

Comment Re:Depressingly inevitable (Score 2) 119

What could be a game changer is if China finds a simpler way to do EUV. https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fsemiwiki.com%2Fforum%2Fthr... Not a done deal by any stretch, but by forbidding China the ASML fruit, they may end up with a less expensive better tasting fruit. Another thing that is being overlooked is the optics side of the equation. Not just ASML is out of reach, they are also not able to get the Zeiss optics. Also a necessary piece of the puzzle at the moment. I think they are shadow importing Nikon and Cannon optics, although not as capable as the Zeiss from what I understand.

Comment Re:Not sure how where I fly (Score 2) 65

Gate staff check your ID matches your ticket at the gate in Heathrow.
Access to the airside area is with a boarding pass (the pass must be for a flight departing the same day and sufficiently far in the future, each pass can only be scanned to go airside once).

However this is not a significant security breach because:

(a) it cannot be done repeatedly or predictably
(b) the person was security screened to the same standards as everyone else

Therefore neither can it be exploited by someone planning to do so nor can someone who gets airside do so with anything harmful.

Comment Too expensive. (Score 1) 64

Current gen consoles are too damn expensive to appeal to their usual customer base. When a portable premium tablet with 16+GB of RAM and .5 TB of storage costs less than a meager video-game console that isn't portable and requires a screen to be useful, then the console market has clearly painted itself into a corner. I have no pity for either PlayStation, Xbox or Nintendo at this point.

Make consoles affordable again, then sales will go up again. It's that simple. Meanwhile, I'm glad that at least Xbox is backwards compatible meaning I'm still doing quite very fine with my last gen XBox One X still chugging along and delivering excellent entertainment at fluid framerates with 1080p, which is more than enough for me. It's interesting to see that the refurbished One X still sells for 250 Euros these days. IMHO it hits the sweet-spot of what a console should cost today.

Comment Re:No cameras? (Score 1) 58

I saw a story where they showed the location heat map of brown's cameras. They do have many. I think the perp knew the map though. There was one area with almost no cameras, which is the side he entered/exited the campus, and did the shooting at. I think the video footage to date has been neighborhood cameras. And as you'd expect not high rez. From the images I've seen so far, I am not even sure we can say with certainty he was portly. Could have been body armor or extra clothes making him appear heavier than he is. All I can say for certain was he was light skin from photos with his hands. Surprised he did not wear gloves.

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