1,126 karma · joined February 3, 2010
https://www.fdic.gov/news/press-releases/2023/pr23016.html
> As of December 31, 2022, Silicon Valley Bank had approximately $209.0 billion in total assets and about $175.4 billion in total deposits. At the time of closing, the amount of deposits in excess of the insurance limits was undetermined. The amount of uninsured deposits will be determined once the FDIC obtains additional information from the bank and customers.
From the FDIC’s site:
> As of December 31, 2022, Silicon Valley Bank had approximately $209.0 billion in total assets and about $175.4 billion in total deposits.
For simplicities sake, let’s just assume 100% of the assets are actually there, but it’ll just take varying years for everything to mature. So, what’s next? FDIC finds a buyer for the assets, perhaps a private bank or a a pseudo-government body who has the ability to wait till maturity, and in the meantime, everyone gets all their deposits. That’s not a “bailout”, and is following the rules.
I took the original comment to imply that when employees are overworked, it is due to a failure in planning to assure a project is adaquately staffed from the beginning. That is when you should hire, not because you just began to notice you failed to plan appropriately.
Sure, if someone is being overworked, hire to spread the load (if new person can ramp-up fast enough). But don’t put your employees in that position to begin with, because some of them won’t return to full productivity, even after you resolve the problem. Overwork for any duration comes at a cost.
While I also disagree with the lawsuit, if you are coming at it from the mindset that code you have a copyright to was used elsewhere, Oracle has a compelling case. Certainly not a $9 billion case, and not one that takes up 6 years of time to decide, but that's not for me to decide.
Not saying this isn't a novel idea, just haven't wrapped my head around the business model that hasn't already been done before, so I feel like I'm missing something. Is it increased visibility in park leading to more sales? Ability to eliminate some EMT staff? Ability to charge people for supplies instead of giving them away?
To be accurate, that comment was from a security researcher at Google commenting on a closed-source software project. I agree that the tone of the comment was not beneficial, but I don't view it as being associated with or reflective of the open source community.
I was just listening to an NPR segment on how Elvis Presley's image has become tainted by cheap crap, and that inspired Frank Sinatra to ensure the same doesn't happen to him. His biggest fear was that his face would be sold on a coffee mug. Should anyone be able to do anything with Frank Sinatra's likeness now that he's passed?
Should the estate of George Lucas be able to create new Star Wars movies in X years to compete with Disney's Star Wars movies in effort to undo everything they added to the universe "Because it wasn't George's vision", even though he sold off the rights?
I know I'm throwing hypotheticals and edge cases out there, but I just want us to focus on the issue deeper than "What reason is there to keep Steamboat Willy out of the public domain?" There's no good reason. But there are tons of good reasons to ensure people can't profit off an active brand's image.
> It's not clear to me that it actually does anything worth paying for at this point.
Few users of Google and Facebook actually "pay" for those services, they're primarily all advertising funded companies.
My guess, someone will buy it and it'll languish for a year or two as the product strategy is developed and migration of technology occurs, then the new vision by new owners will be executed.
From Wired,
> The Sun, ever the champion of the public good, claimed, no joke, that it was actually all a public service… to get the nation to stop worrying so much for a second about that whole slavery thing.
So, there are good journalists, bad journalists, "journalists" who aren't even journalists, and they've all existed since the birth of the printing press.
[0] http://en.wikipedia.org/wiki/The_Sun_%28New_York%29
[1] http://www.wired.com/2014/12/fantastically-wrong-thomas-dick...
I've always viewed the Golden Record as a way to make humanity feel better about its future. The need to leave a legacy behind is core to who we are, and that's exactly what we did with those two discs. We left something behind that will survive for 1 billion years, with the infinitesimally small hopes that someone will find it. But, it makes us feel good.
In short, it's debatable whether an investment into npm, Inc. will directly pay off for the investors. What the investment is more likely about is creating the infrastructure for new, billion dollar companies to pop up, giving those investors an inside track to the new companies.
In the case of ElasticSearch, investing in this infrastructure project absolutely makes sense. "Big Data" is becoming huge, but it's still relatively dumb. Up until now, we've primarily been focused on tools and technologies to source, aggregate, and analyze the data. But lots of companies are now popping up who are built on the idea of making intelligent use of all this data, far beyond what humans are naturally capable of. ElasticSearch of course isn't the whole solution, but it's part of it.
(I work for one of those companies, and we use ElasticSearch)
Luckily things have changed considerably since then, and very happy to see Upcoming being handed back to its creator. Same thing should have happened with Delicious, but when they were looking for a buyer, Yahoo (allegedly) refused to sell it back to Joshua Schachter.
While the cost will initially be higher, it likely won't be much, and will eventually be negligible.
I like the design of Atom, because it allows me to freely compose an editor that does exactly what I want, and nothing more. While multiple panes is a requirement for bpicolo (and you?), I use multiple panes in Atom (my primary editor) and haven't felt the need to resize them. Am I the minority, or are the others? Or is it 50/50? Basically, we don't know until the editor has time to grow, and its community has a chance to dictate what features are required.