Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.
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Except he didn't live long enough to rat anyone out. That's the only downside to that story.
He was 100000% assassinated
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The most bizarre part of the Theranos scandal is that any medical lab tech/scientist could have told you, right from the initial pitch, the entire thing was a massive scam. There was literally no reason to ever think this technology was feasible and a mountain of reasons it wasn’t.
Elizabeth Holmes only got in trouble for lying to people who should've done their "due diligence"
The patients / families of the patients that Theranos lied to and mislead never got justice.
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Madoff died in a jail cell, that's gotta count for something.
I shit, I didn't know Madoff died
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
Microsoft has an AI store and all the apps are absolute crap. AI is a good Chatbot, but applying it to other things that can be monetized is clearly difficult.
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I can’t even think of a time in history where someone was a huge piece of shit in America and “lost everything.” Maybe R Kelley, P Diddy, and Bill Cosby? But only for the time they spent in whatever rich guy jail they got to go to and then they were fine.
I don't know if Sam Bankman-Fried is a huge piece of shit. He's definitely a liar and a scammer though. But he was like rich as anything and then lost it all. Now he's trying to curry favour with Trump to get out of jail.
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Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That's 11 years more than most other rich scumbags get.
And that just goes to show:
The only time rich people are held accountable in the US, is when they fuck with other rich people's money.
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
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It pains me to see the US go down this path. I am well aware of how bad things are going in the US (I have close friends who live there). I agree with you regarding nationalism, street arrests by security, demonization of minorities and so on.
However, I am comparing my experience living in russia (as an expat who happens to speak russian fluently), my experience living in the US under Obama and US as it is today.
US still has competitive elections. The US centre right opposition is not a formal front for the regime. Compare that to russia were elections are a formality and the so called "opposition parties" get direct orders from the regime and exist as circus performers. US isn't at that stage yet.
Same with the US judicial system. It is definitely corrupt (and this was true even before Trump) and it is getting even more corrupt. However, the US judicial system has some level of independence and at least on some level you can have your rights be respected. Again, compare that to russia were the judicial system as such does not exist and has no authority whatsoever.
Security services in the US are increasingly becoming unhinged and acting more like crooks, but it's no where close to russia where they have zero liability beyond not respecting key regime interests.
US still has a measure of political de-centralization. You can elect mayors and governors and they have a measure of independence. While russian does have some regional independent power centres, they are still all aligned with the regime and its ideology.
I know, comparing your local political system to russia isn't really a sane approach. But I do think it is important to note that the differences do exist.
Fascism and other authoritarian systems aren't a measuring contest though. Just because somewhere else has been doing it longer or is more effectively doesn't mean somewhere else isn't doing or trying to do the same thing.
A benevolent dictatorship is still a dictatorship for example. While the Republicans have enacted widespread voter suppression that didn't guarantee winning an election, that doesn't mean they aren't working on the steps to guarantee it in the next election. Fascism doesn't require complete and total success to be fascism.
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Gee, that's too bad. It would be a real shame if that piece of human garbage Steve Huffman lost everything. A crying shame.
I too want to board the schadenfreude train. Choo choo. Fuck u/spez
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Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That's 11 years more than most other rich scumbags get.
The worst of all this is that from the top of our heads we came up with a woman and three black dudes. Other than Madoff I don't remember any white dude getting any deserved retribution other than the recent United Healthcare CEO.
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While most people would likely move to Digg v2.0 (I am just being realistic)
Are people actually going? The only thing I've heard about it (the AI-fueled reboot) is that it was planned.
Anyone on reddit still saying they're waiting for digg 2.0 is not serious about leaving.
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
Hmmm, better push more ads and restrict discussion more
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Sadly I'm sure he already has a golden parachute prepared.
He'll cry his way to a trophy home and yacht
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Reddit refuge here.
I do miss all the niche subreddits. As the saying goes, “there’s a subreddit for everything.”
But I think with time, Lemmy can grow to fill that gap.
I mod lemmy.ml/c/antitrust and we need more people contributing!
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
With the push to please investors, user experience will likely suffer even more.
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Hey fam, I’m another Reddit refugee. I heard Lemmy is what Reddit was back in the day. Sad to see Reddit go to hell.
Welcome! I came in with the blackout a year or so ago, it's been fun to see more people show up over the months!
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Oh no! Anyways, what's everyone's Friday plans?
Not much, just stare at Luigi's picture and droll.
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Hmmm, better push more ads and restrict discussion more
People are so ignorant of it too. Last time I mentioned lemmy as an alternative somewhere on discord I got nearly banned.
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
~Ha~
Ha
HA.
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You gotta Field of Dreams it. I’m doing it for LV426/the Aliens universe. Just treat it like you’re starting a forum or a newsletter and, hopefully in time, others will contribute and it’ll grow organically.
You're right
it's time for me to post the weird porn