Comment Link to article (Score 1) 50
Seems to be wrong in the post. Here: https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Ftheintercept.com%2F2022%2F...
Comment Nokia 2 is unlocked, unsure if it's the _best_ (Score 4, Informative) 284
I recently purchased a Nokia 2 from Amazon [https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.amazon.com%2Fdp%2FB075FLG6MV]. It's a generic android phone, unlocked, and with an unlocked bootloader. It cost $100 bucks. I'm not in love with it, but, it supports 2 sim cards at the same time, which is really cool, and I'm sure I'll find some use for eventually.
Submission + - Oracle Accused of Defrauding Investors On Cloud Sales Growth (bloomberg.com)
An anonymous reader writes: Oracle is named in a lawsuit alleging the company’s executives lied to shareholders when they explained why cloud sales were growing. The investor leading the case, the City of Sunrise Firefighters’ Pension Fund, claimed Oracle engaged in coercion and threats to sell its cloud-computing products, creating an unsustainable model that fell apart, according to the suit seeking class-action status and filed Friday in San Jose, California. The Florida-based firefighter pension fund and other investors lost money when Oracle’s stock plummeted in March after reporting a disappointing earnings report and outlook, according to the lawsuit.
The suit claimed that Oracle’s executives lied in forward-looking statements, which are never guaranteed, during earnings calls and at investor conferences in 2017 when they said customers were rapidly adopting their cloud-based products and cloud sales would accelerate. The firefighter pension, which manages about $143 million for 235 participants, alleged that Oracle used software license audits and weakened existing maintenance programs to compel customers to buy the cloud products.
The suit claimed that Oracle’s executives lied in forward-looking statements, which are never guaranteed, during earnings calls and at investor conferences in 2017 when they said customers were rapidly adopting their cloud-based products and cloud sales would accelerate. The firefighter pension, which manages about $143 million for 235 participants, alleged that Oracle used software license audits and weakened existing maintenance programs to compel customers to buy the cloud products.
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In practice, failures in system development, like unemployment in Russia, happens a lot despite official propaganda to the contrary. -- Paul Licker
