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Comments

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Cisco To Slash Up To 6,000 Jobs -- 8% of Its Workforce -- In "Reorganization"

purpledinoz Re: While Buying Back $1.5 Billion In Stock (207 comments)

Secondly, they borrow in US dollars and that currency is being devalued on a daily basis. The Fed is making sure that inflation will wipe out Cisco's debt in real terms, and since the interest rates are very low, it won't be much of that they will have to pay back in nominal terms either.

Actually, this explanation makes so much sense. My assumption about Cisco stock has nothing to do with Cisco specifically, but just that the indexes have been hitting all time highs. I'm expecting that a significant correction will occur in the stock market in general...

about a week ago
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Cisco To Slash Up To 6,000 Jobs -- 8% of Its Workforce -- In "Reorganization"

purpledinoz Re:While Buying Back $1.5 Billion In Stock (207 comments)

I don't get it. You borrow money for free and buyback your stock at its top. How are they going to pay back this debt, especially if/when the stock tanks? Issue double the amount of shares at half the price? Why not just buy treasuries with the borrowed money and earn risk free interest? Then buyback stock when the stock market tanks.

about three weeks ago
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Why Morgan Stanley Is Betting That Tesla Will Kill Your Power Company

purpledinoz Re:Small-scale, real-time. (502 comments)

I've become skeptical about the cost calculation of Nuclear power. If you include the long-term storage and disposal of the nuclear waste, I'm almost certain nuclear power is more expensive. But good thing the tax payer will pick up that tab.

about a month ago
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VP Biden Briefs US Governors On H-1B Visas, IT, and Coding

purpledinoz Re: Appre (225 comments)

If this is how people from India are using the H1B program, then it makes sense that wages will be driven down. I think people from other countries like China want to stay in the US. Another problem is the H1B basically makes you a slave to the company. If you get laid off, you have to leave. Also, switching jobs is really hard. In Germany, you have one year of unemployment, then you may have to leave. This one year also gives you enough time to find another job.

about a month ago
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Microsoft's CEO Says He Wants to Unify Windows

purpledinoz Re:Best Wishes ! (322 comments)

The other great thing about Windows 3.11 was that if you calculated 3.11 - 3.1 in the calculator, the result was 0.

about a month ago
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Why My LG Optimus Cellphone Is Worse Than It's Supposed To Be

purpledinoz Re:LG? Wrong phone. (291 comments)

I made the mistake of buying an LG Optimus 2X, supposedly a flagship phone. My best uptime was 200h, at which point it was so slow, I had to reboot. I'm almost certain LG has a thousand monkeys writing their software. CyanogenMod was my saviour. Unfortunately, not even CyanogenMod could not fix everything. Also, NVidia was apparently a huge part of the problem. So my rule is, no LG Software (I have a LG Nexus 5 new, it's awesome) and no NVidia CPU (stick with Qualcomm).

about a month and a half ago
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States That Raised Minimum Wage See No Slow-Down In Job Growth

purpledinoz Re:So what? (778 comments)

In Germany, where there's no minimum wage, there are people who earn less than 5 EUR per hour. This is ridiculously low. These low wage workers then get topped up by the state so they're not homeless. Essentially the state is subsidizing cheap labour. In this case, I would say a minimum wage is necessary so that the employers have to pay the full cost of labour. Sure prices will go up, but I see that as a necessity. I don't understand the argument that any minimum wage is bad 1EUR/h is clearly too little. No one will work for this. 100EUR/h will destroy the economy. I suspect there's a sweet spot somewhere.

about a month and a half ago
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After NSA Spying Flap, Germany Asks CIA Station Chief to Depart

purpledinoz Re:There's something Germany can do right away... (219 comments)

Not going to happen. The US bases bring in a lot of money to Germany. Also, the Germans are in on it too. This is just a dog and pony show to pretend they're doing something about spying.

about 2 months ago
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NSA Considers Linux Journal Readers, Tor (And Linux?) Users "Extremists"

purpledinoz Re:Well, of course (361 comments)

And what is the actual situation? The searching for terrorists is probably not the only thing the data is used for. I'm sure the data is used for various nefarious purposes, such as industrial espionage, political espionage, blackmail. Maybe figuring out the sentiment of the population and their likelihood to breakout into mass protest. I'm sure they're doing some non-evil research too. I wouldn't be surprised if there's a database identifying people who are against the status quo of the Democrat/Republican duopoly, and feeding that data to the media outlets so they run stories smearing any third party candidates. That's a bit farfetched, but everything the NSA was confirmed to be doing was also farfetched before Snowden leaked those documents.

about 2 months ago
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China Starts Outsourcing From ... the US

purpledinoz Re:Or we could just stop racing to the bottom (274 comments)

While I agree, the problem is power. Unions gain too much power and they abuse their situation, and become just as corrupt as the government. There always need to be a balance of power. I find unions in Germany operate far better. They actually work with the companies to make things better for everyone.

about 2 months ago
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The Simultaneous Rise and Decline of Battlefield

purpledinoz Re:Warriors, unite! (208 comments)

And how much music have you downloaded? You've done even more damage. No wonder the financial crisis happened!

about 2 months ago
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Endorphins Make Tanning Addictive

purpledinoz Re:I've seen it. (51 comments)

Most of the Canadian population isn't that far north. Toronto for example is at 4342N, which is about the same as Florence, Italy (4347N), and southern France (Marseille, 4318N). Calgary is at 5103N, which is around London, England (5130N) and the middle of Germany (Dresden, 5102N). Stockholm is much farther north, at 5920N, similar to Whitehorse at 6043N. It's really interesting to compare the latitudes between North America and Europe. Europe has great weather considering how far north it is.

about 2 months ago
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Russia Wants To Replace US Computer Chips With Local Processors

purpledinoz Re:Where are they going to fab the chips? (340 comments)

As far as I know, the Russians didn't buy an entire fab, maybe bought a bunch of used equipment from the Qimonda bankruptcy. You might be referring to AMD spinning off its fabs into Global Foundries, which is now owned by investors in Abu Dhabi. Building a modern semiconductor fab is extremely expensive. The cheapest piece of equipment costs a minimum of $1M. Lithography tools costs over $20M a piece (and you can't just buy one). You're looking at dumping at least $3B into a new fab. The operating costs are also really expensive, like maintaining a clean room, equipment maintenance. Before its deminse, Qimonda was losing 100M Euros a month! The only way chip making is economically feasible is to produce huge volumes. If you're not producing huge volumes, then you have to go to a foundry like Global Foundries or TSMC. If Russia is really going to do this, they would probably go to a foundry.

about 2 months ago
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High Frequency Trading and Finance's Race To Irrelevance

purpledinoz Re:Technological solution (382 comments)

There's an exchange called IEX that has implemented a technical solution by adding delay via a really long spool of fiber optic cable.

about 3 months ago
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Canada Poised To Buy 65 Lockheed Martin F-35 JSFs

purpledinoz Re:How will history judge the F-35? (417 comments)

There's no reason why the F-35 shouldn't work well. Just drop that stupid vertical takeoff requirement and tell the US Marine Corps to work together with the Air Force. That would have dropped the development costs significantly.

The real question is, what are actually the Canadian Air Force requirements? I seriously doubt that Canada needs stealth strike fighters to patrol the remote north. Who's radar do they want to evade? What really irks me is that the so called conservative government wants to blow a shit load of tax payer's money for some military toys, and without properly evaluating all the options. I'm pretty sure the Super Hornet is better suited for the Canadian Air Force, and is half the price! Win win right? I thought the conservatives were supposed to be conservative with money too? I guess conservative now means, cut spending on social programs and science, cut taxes for the rich, reduce environmental regulation, increase military spending, increase the deficit. I do realize there might be some political pressure from the US to buy into this disaster. Harper should just grow some balls and tell them to fuck off.

about 3 months ago
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HP Makes More Money, Cuts 16,000 Jobs

purpledinoz Re:Badly run company does badly... (288 comments)

HP makes great laptops. Both for home and business. However, their laptops look like cheap knockoffs of MacBooks. They also need to lower their prices. Consumers aren't going to shell out $1K for a laptop anymore (except Apple consumers). What's really shitty is that HP spent a ton of money in stock buybacks. Why did they do this and then fire a ton of employees? It seems to me that the executives in the company are gutting it and running away with the cash.

about 3 months ago
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Wyoming Is First State To Reject Science Standards Over Climate Change

purpledinoz I'm also skeptical (661 comments)

that the Earth revolves around the Sun. Have you been into space and seen the Earth revolve around the Sun? I didn't think so. Just look into the sky, clearly the Sun revolves around Earth.

about 4 months ago
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Lessig Launches a Super PAC To End All Super PACs

purpledinoz Re:For those of us not in the US (465 comments)

How have you Americans not realized that your democracy is a farce?! The mere existence of Super PACs flies in the face of democracy. Why aren't you Americans, with all your 2nd amendment guns, taking down your tyrannical government with force?! This is exactly what the 2nd amendment was for. Without a change for the better in the US, I see that the rest of western world marching down the same path.

about 3 months ago
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Study Finds US Is an Oligarchy, Not a Democracy

purpledinoz Re:Duh (818 comments)

Harper is trying his hardest to bring the ugliest parts of the US to Canada.

about 5 months ago
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Study Finds US Is an Oligarchy, Not a Democracy

purpledinoz Re:Revolt? (818 comments)

Yes, but no one will join you because they're too busy watching TV.

about 5 months ago

Submissions

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Eminem's Publisher Sues Apple Over Downloads

purpledinoz purpledinoz writes  |  about 7 years ago

purpledinoz (573045) writes "PC World has an interesting article about a lawsuit Eminem has filed against Apple: "The music publishing companies that represent rap artist Eminem have filed a multimillion-dollar suit against Apple Inc. for selling downloads of Eminem's music on iTunes online music service without compensating them. The suit could have ramifications for the current compensation plan that online music services have for divvying up profits between record labels and the publishing companies that hold rights to artists' songs.""

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