The ravens are looking a bit sluggish. Tell Malcolm they need new batteries.

Tuesday, November 15

Geek

Daily News Stuff 15 November 2022

Locking The Stable Door Edition

Top Story

  • Slowly at first, then all at once: How Sam Bankman-Fried's crypto empire collapsed. (The New York Times)
    FTX and Alameda were closely linked. Alameda traded heavily on the FTX platform, meaning it sometimes benefited when FTX’s other customers lost money, a dynamic that critics called a conflict of interest.
    No. A supporter would call it a conflict of interest. A critic would call it fraud.
    Mr. Bankman-Fried moved FTX to the Bahamas in 2021, drawn by a regulatory setup that allowed him to offer risky trading options that weren’t legal in the United States. On the exchange, investors could borrow money to make big bets on the future value of cryptocurrencies.
    Margin calls on the the radioactive decay of short-lived isotopes would be a better bet.
    Despite the billions that venture capital firms put into the company, FTX had none of those outside investors on its board.
    Can I have a billion dollars? I promise to return at least 90% of it. WHICH IS MORE THAN FUCKING ZERO WHICH IS ALL YOU IDIOTS DESERVE.


  • The entirely predictable collapse of FTX is prompting a long overdue and completely ineffective regulatory response. (CoinDesk)

    The article has a link to a podcast episode titled Sam Bankman-Fraud.


  • Crypto lender BlockFi says please don't ask for your money back. (Reuters)

    Your money is safe. In the Bahamas. Enjoying itself. Without you.


Tech News


Not Exactly Tech News But Not Entirely Not Tech News Either

  • So Pipkin Pippa, based rabbit vtuber and all-round chaos magnet, had a stream in which she created an entire imaginary vtuber agency using the NovelAI image generation tool - showing exactly the text prompts she used to get the results she wanted.  Helpful if you're new to NovelAI and kind of lost.



    Two days later all her creations had their own Twitter and YouTube accounts, a corporate presence, and a debut stream.





    Humanity had a good run, but now we've been replaced by AI vtubers created as a joke by a cartoon rabbit.



Disclaimer: Do you Pippas want Skynet? Because this is how you get Skynet.

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Monday, November 14

Geek

Daily News Stuff 14 November 2022

Left Leg Floating Away Edition

Top Story

  • Recessions unmask fraud.  (The Economist)

    When the economy is bubbling merrily along, you can get away with fudging the books just a little to make it look like things are going better than they are.  At least for a while.

    But when the macroeconomic soup turns sour, and your financial papercuts turn into open wounds, it's much harder to hide.

    Hence FTX.


  • Is Crypto.com next?  (WCCFTech)

    Since bank runs on marginal financial schemes are self-fulfilling prophecies, now that you ask the question, the answer is, probably, yes.


  • FTX CEO Sam Bankman-Fried isn't who you think he is.  (CoinGeek)
    As Bankman-Fried seduces more wannabe traders into gambling on so-called digital currencies with the lure of free BTC, it’s worth remembering that all of these people have an agenda, and it usually involves you losing money to line their pockets.
    Okay, we know that.  So what?

    So that article is from February.

Tech News



Disclaimer: Could be worse.  Could be raining frogs.

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Sunday, November 13

Geek

Daily News Stuff 13 November 2022

Ponzi Is As Ponzi Does Edition

Top Story



Tech News


Disclaimer: This wireless thingy is definitely a fad. Why in my day, we had wires and we were proud of it.

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Saturday, November 12

Geek

Daily News Stuff 12 November 2022

I Never Use The Numpad Edition

Top Story

  • The third shoe has dropped at Twitter with more senior staff leaving the company.  (New York Post)

    Most notable is Yoel Roth, head of the Censorship and Intimidation department, and Chief Book Burner after the unceremonious departure of the toxic Vijaya Gadde.  Elon Musk had given Roth his support, but evidently the two did not see eye to eye on the mission.  Roth appeared to be a true believer in management by censorship, even if not quite as vapidly doctrinaire as his former boss.

    Roth was directly involved in the 2020 censoring of the New York Post's Laptop from Hell story, so they are not sad to see him gone. 

    Despite his obvious bias and general ill-intent, he did have some good points:
    In other tweets dating back to 2016 and 2017, Roth dubbed Senate Republican Leader Mitch McConnell a "personality-free bag of farts".
    Not inaccurate.

    Also out are Damien Kieran, the Chief Abusing Users' Personal Data for Fun and Profit Officer, and Lea Kissner, who filled the role of Chief Help Me I'm in Charge of Data Security at a Company Full of Communists Officer.


Tech News



Disclaimer: Owls are intrinsically funny.

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Friday, November 11

Geek

Daily News Stuff 11 November 2022

Timing Is Everything Edition

Top Story


Tech News



Disclaimer: There is no I in FBI.

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Geek

Explosions and Fire 11 November 2022

Host node issue with the blog server.  It dropped dead so completely that the reboot button stopped existing.

I was in the middle of bringing up yesterday's backups on a new server when the support team got it working again.

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Thursday, November 10

Geek

Daily News Stuff 10 January 2022

Oops Edition

Top Story


Tech News



Disclaimer: Don't let your clones grow up to be cowboys.

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Wednesday, November 09

Geek

Daily News Stuff 9 November 2022

Meh Edition

Top Story



Tech News



Disclaimer: Like a lot of people I know.

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Tuesday, November 08

Geek

Daily News Stuff 8 November 2022

Russia Edition

Top Story



Tech News

  • Some guy on Reddit found a PDP-8 and an LGP-30 in his grandparents' basement. (Reddit)

    The LGP-30, dating from 1956, is the star in the Story of Mel:
    A recent article devoted to the macho side of programming
    made the bald and unvarnished statement:

    Real Programmers write in FORTRAN.
    Maybe they do now,
    in this decadent era of
    Lite beer, hand calculators, and "user-friendly” software
    but back in the Good Old Days,
    when the term "software” sounded funny
    and Real Computers were made out of drums and vacuum tubes,
    Real Programmers wrote in machine code.
    Not FORTRAN. Not RATFOR. Not, even, assembly language.
    Machine Code.
    Raw, unadorned, inscrutable hexadecimal numbers.
    Directly.
    I didn't know any of these very, very early computers still existed in the wild.


  • Qualcomm has a new Arm CPU.  (WCCFTech)


  • Arm wants to kill it.  (The Register)

    Arm's lawsuit against Qualcomm appears self-defeating.  Don't declare war on your own customers unless...  There is no unless.  Don't do that.


  • Do you need a PC the size of a box of 3.5" floppies, with three HDMI ports, three USB ports, and dual Ethernet ports?  The Gateway Mini PC T8-Pro is exactly that.  (Liliputing)

    Though it has as much in common with the original Gateway computer company as a thing does with another thing that it has nothing in common with except the name licensed out for a bit of extra cash.


  • The Overton Window as arbitrage opportunity.  (Under Orion)

    Find out what risks people are not permitted to speak of, and hedge against those risks.  If speaking of the looming energy crisis is taboo, buy energy stocks.  And make out like a bandit.


Disclaimer: My Overton Window is double-glazed.

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Monday, November 07

Geek

Daily News Stuff 7 November 2022

Ice Weasels Are Go Edition

Top Story

  • Massive tech industry layoffs and the whiny illiterates who report on them.  (Mashable)

    Facebook is set to lay off around 12,000 employees.  Peloton has already fired 4000.  Microsoft removed a relatively modest 1000.  Snapchat fired around 1200 - 20% of its total staff.  Shopify is reducing by 10%, around 1000 workers.

    Amazon is planning to hire 1500 new employees....  To work in its warehouses over Christmas.

    About the only bright point is Australia's largest tech company, Atlassian, which is looking to hire 1000 people.  That's one for every 50 tech workers laid off in the US.

    Thunderdome time.


Tech News


Disclaimer: Four score and seven years ago - which used to be a lot -

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