5,226 karma · joined June 16, 2011
Their quarterly statements say otherwise. The layoffs are not a function of declining sales, but of cutting back to conserve cash for AI build out.
You state this as some kind of universal axiom. Many times what people cite is exactly what is happening to them.
Indeed, it is super complex. It's been much harder than we initially expected. We'd thought maybe two years--it wouldn't be fast, but it would be complete. But things like invokedynamic instruction, annotations, etc. have added complexity far beyond what we originally expected. But it's been highly instructive. And it's great fun to see full Java programs execute and watch the instructions fly by as they execute. On average we're presently at about 1/3 the performance of the JDK with the -Xint (interpreter mode) flag set. (Some of that performance penalty is due to using go vs. HotSpot's use of C.) We hope in a year to be able to invite interested folks to try it out with their code.
Oracle had record revenue in its most recent fiscal year, with record user engagement. So whatever connection you're trying to establish between its fate and that of SO or myspace is off-target, both in terms of popularity and revenue.
Insurance agencies serve primarily as vendors, customer service, etc., but the risk is carried by the CEA. The remaining 1/3 of policies are carried by a few private insurers who still underwrite policies.
In theory, that system should prevent insolvency. Remember that California is a huge state and even a very strong earthquake would still have fairly localized damage. For example, the 1906 earthquake (Richter 8.0) that levelled San Francisco did comparatively little damage to Petaluma, a city 40 miles to the north.