Recent submissions

Comment · 1 year ago
Yes, but they asked even if you were paying with a credit card! I guess it was "separate systems."
Comment · 1 year ago
Yes, Radio Shack was often the only place you could find the odd resistor, vacuum tube (for an audiophile-grade amp, what else?), or coax signal splitter. But they always asked for your phone number on checkout -- why? It's not like they ever called you or anything (thankfully).
Comment · 2 years ago
Why does docusign need such sophisticated and powerful AI models, to the point that they’re willing to risk their customers’ ire by training on their data (yes I know, even though it’s anonymized per “industry best practices”)? Are they in some additional line of business besides making it possible to sign a contract electronically?
Comment · 2 years ago
I had a teacher who promulgated the same technique for what we called Calc III (similar to a proofs class, I imagine; Spiwak was the text). It was very effective.
Comment · 2 years ago
> Rite Aid is currently going through bankruptcy proceedings and the order will go into effect after approval from the bankruptcy court and the federal district court…

Talk about kicking someone while they’re down.

Comment · 3 years ago
Comment · 3 years ago
As far as I can tell, the entire premise of this article is based on a model, not any empirical measurement of Manhattan actually sinking. The article then tries to distract us from examining its thin thesis too critically by connecting it to the effects of climate change. Besides, isn’t lower Manhattan made of bedrock, not sand?

Nothing to see here, move on.

Comment · 3 years ago
I think neither a 40-billionaire nor Harvard would risk legal trouble by pulling off such an easily auditable maneuver.
Comment · 3 years ago
The whole value proposition of a contractor is that you can onboard them quickly when you need to augment your existing staff, and can terminate them just as fast when they’re no longer needed. This is in no way a layoff or mass firing, it’s a standard contract termination that occurs all the time with tech companies.

The “previously assured jobs were safe” claim is ungrounded in the article, which lamely provides little more than an anonymous source mentioning an unnamed Apple employee: “One of the contractors reportedly said that Apple previously assured the workers that their jobs were safe.”

Comment · 3 years ago
Haha right! Or that some ne’er-do-well tricks or coerces you into revealing your treasure’s location.
Comment · 3 years ago
SBF’s plea deal can’t be far behind. He is uniquely positioned to help FTX’s receivers recover the maximum amount of money, and will use that leverage to strike the best deal possible. The whole FTX crew will likely pay their debt to society and be free before they’re 40 with the potential to do something useful with their skills and knowledge (think Mitnick).
Comment · 4 years ago
Interesting point! What may be an effective management style for running a company you own could be deleterious when running a country for which you are an elected official.
Comment · 4 years ago
What I love most is that the new CEO of Twitter is front and center making a major product and pricing announcement to the entire customer base within 4 days of buying the company. That’s awesome execution, baby! Not to mention the best type of product marketing imaginable.
Comment · 4 years ago
He didn’t cause the collapse, but he failed to deliver on his promise to his customers that Celsius was structured to protect their savings from market volatility. In fact, the promise was fake — it was never possible to fulfill, from the outset.
Comment · 4 years ago
Celsius seemed to be a classic Ponzi scheme wrapped in a cloak of crypto. The founder was a smooth-talking pitch man who claimed to have “discovered” a risk-free way to earn outsized returns by arbitraging some flaw in the centralized finance system. Madoff’s scheme was similar, but with capital markets rather than crypto. What these schemes have in common is that, once the market takes a dip, it becomes impossible to cover redemptions and the whole thing collapses.

I don’t see the collapse of Celsius so much as a cautionary tale against crypto (“not your keys…”), so much as a lesson against investing in Ponzi-like scams. If it sounds to good to be true…

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