theli0nheart

No, the bank is actually insolvent.

> On March 8, 2023, the Bank announced a loss of approximately $1.8 billion from a sale of investments (U.S. treasuries and mortgage-backed securities). On March 8, 2023, the Bank's holding company announced it was conducting a capital raise. Despite the bank being in sound financial condition prior to March 9, 2023, investors and depositors reacted by initiating withdrawals of $42 billion in deposits from the Bank on March 9, 2023, causing a run on the Bank. As of the close of business on March 9, the bank had a negative cash balance of approximately $958 million. Despite attempts from the Bank, with the assistance of regulators, to transfer collateral from various sources, the Bank did not meet its cash letter with the Federal Reserve. The precipitous deposit withdrawal has caused the Bank to be incapable of paying its obligations as they come due, and the bank is now insolvent.

Source: https://dfpi.ca.gov/wp-content/uploads/sites/337/2023/03/DFP...

> Early investors often have a ROFR (Right of first refusal) in their share agreement, in which case they will have the right to buy shares proportional to the amount of dilution they would otherwise suffer (so they can maintain their % stake in future funding rounds) but I've never heard of an employee having that right.

FWIW, what you described isn't right of first refusal. ROFR specifically refers to the right of an existing investor to buy shares when another investor wants to sell to a third party. E.g., let's say A has a right of first refusal, and B wants to sell at $20 / share to C. With ROFR, B must offer $20 / share offer to A first.

The right to buy shares proportional to existing ownership percentage is called a pro rata right. If a round of funding would dilute your 1%, you have the right to buy in at the pricing of that round to keep your percentage ownership constant.

> For electric cars, no-one needs 48A (11.5kw) charging (unless you bought a hummer EV and then you’re an idiot). The city can start denying permits for charging at more than 24-32A unless you have enough battery storage to cover it up.

You're wrong about this. We frequently take day trips that are about an hour each way from home, and without the L2 we would get dangerously low after another day of commuter driving. As a co-poster noted, standard chargers will take days to recharge. Ours does about 6 miles of charge / hour, whereas the L2 does about 30 miles of charge / hour.

No.

Steve Jobs didn’t “retire”—the board fired him. And he was only reinstated as CEO because Apple bought his new company, NeXT.

Bill Gates never came back once he left.

For sure, but we’re talking in the context of a home charger here.

This is a bit of a nitpick, but L2s don’t charge slowly. Ours gets us about 30 miles per hour, so we get fully charged after a normal day’s worth of driving in about 30 minutes.

What you're describing (bootstrapping a company to exit) doesn't seem at all like a failure.

I had a similar realization, but it was a more generalized version of what you described. Unhappiness is what happens when expectations or desires don't match up with reality; if you want to be happy, learn to be content with the moment and what exists right in front of you right now.

On the other hand, one needs to dream, and hope--and that's what we should do. But leave goals and hopes for the future only, and don't hold on to failures, dwell on the past, or what could have been, or what is (whatever current reality you're discontent with).

In life or death situations where seconds count, it’s best to not have to think about a decision tree.

You never want to try to put out a grease fire with water, for instance.

> Kevin Rose just raised $7M this weekend

That article is dated December 21, 2021, so this was about 4 months ago.

I'm curious, do you have young kids? If so, I would very much like to know how you parented over the last two years to give your children a perfect experience.

I had a 5 year old at home for the past two years, and no matter what you do, you simply can't replicate school as it normally is when schools and daycares are all closed and all you can do is sit your kid in front of a screen all day to get a checkbox for "attendance". And when schools finally did open up, everyone had a wear a mask. So kids aren't even seeing their friends' faces. This isn't good for them, especially when these are formative years for developing these skills.

Not a single parent I know hasn't mentioned how horrible the last two years have been for their kids' social skills and mental health.

This isn't really a source for what I was looking for. This article is from February 2021 and therefore has nothing to do with Omicron.

> Parking lot hospital: https://www.reuters.com/world/us/mississippi-hospital-puts-b...

I was referring specifically to Omicron, so both of your links aren't really what I was looking for—thanks anyways.

My main surprise was OP's assertion that medically necessary supplies such as blood had run out during the last surge, but so far this seems unsubstantiated. As you mentioned, I was aware masks have been in short supply at points throughout the pandemic, but blood and masks aren't quite equivalent.

> Since Thanksgiving, cases have risen to the point where 80% of the hospital is filled with patients with COVID-19 and 90% of the ICU is filled with COVID-19."

The confounding factor here is that this includes patients hospitalized for reasons other than COVID. A patient that had a positive test might not be in the hospital because of COVID, but good luck to anyone trying to tease out that data.

Thanks. This supports that there were some hospitals that ran out of beds but not that any ran out of supplies.

> Omicron absolutely crushed U.S. hospitals -- with some having to set up temporary emergency rooms in their parking structures. Many U.S. hospitals had to put off essential procedures and ran out of practically _everything_ (syringes, saline products, blood, etc.) during the last wave.

I don't recall this happening. Can you provide a source for this?

Humans forget things and make mistakes, no matter what your job title is. Good systems and organizations take this into account and are fault tolerant.

It would be nice if that document cited sources or provided a methodology for how these values were derived.

This is a little different. This is akin to knocking on the door, asking if you can be let in, being invited in by the homeowner, and then having them give a tour around the house.

It's entirely up to the owner of an S3 bucket as to who they serve their static assets to. If the policies are so lenient that anyone can request the resources, then that is a configuration error—not unauthorized access.

That's not how it works. If the hospital or lab provides PHI (protected health information) to the forensic lab, the forensic lab must sign a business associate agreement with the HIPAA covered entity that gives assurances to them that any PHI will be protected. If a breach occurs, then the forensic lab is liable for full HIPAA penalties.

My implication is that there’s no way to link up DNA to an individual without having a reference point. A hospital or lab (both covered entities) would provide this data (perhaps under subpoena?), and would ostensibly be working directly with the forensics lab in these cases. How else would they link up DNA (which is by itself not PHI) to an identity?

Apple Health facilitates transmitting electronic health records on one's device with covered entities such as clinics. For this reason, they are required by law to maintain HIPAA compliance when entering into a business agreement with these covered entities.

Doesn’t matter. If you’re a business associate, you’re liable (both criminally and civilly) for violations of the privacy rule, and if you share HIPAA covered data with other businesses, those businesses must also adhere to it.

Business associates absolutely must abide by the HIPAA Privacy Rule.

> By law, the HIPAA Privacy Rule applies only to covered entities – health plans, health care clearinghouses, and certain health care providers. However, most health care providers and health plans do not carry out all of their health care activities and functions by themselves. Instead, they often use the services of a variety of other persons or businesses. The Privacy Rule allows covered providers and health plans to disclose protected health information to these “business associates” if the providers or plans obtain satisfactory assurances that the business associate will use the information only for the purposes for which it was engaged by the covered entity, will safeguard the information from misuse, and will help the covered entity comply with some of the covered entity’s duties under the Privacy Rule.

Source: https://www.hhs.gov/hipaa/for-professionals/privacy/guidance...

> Literally this article is about employers being like "hmm you told me this number but we don't believe you because Apple says its wrong"

Might have been a problem in the past, but now you can point them to this article.

> Anyone making software for the Xbox has to pay Microsoft. Why is this different?

It's different because Apple sells and markets their hardware as general-purpose computing devices. An Xbox is a gaming console and that's what it's sold and marketed as.

> > Transactions are final. The merchant has no risk of chargebacks.

> You realise that's a bad thing, right?

Frauds where people ask for payment via Venmo or Paypal for Craigslist transactions are incredibly common. Craigslist recommends using cash to avoid getting defrauded, because transactions being final is a feature for in-person transactions, and a good one at that.

> If you send an invalid signature from a non-guardian, the condition also resolves to true.

Huh? That resolves to false && false, which equals false.

This is the default, but you can get around this behavior by writing to history immediately.

> I believe a higher percentage of ICU beds are occupied nationally than at any point in the pandemic

According to the data you linked:

   COVID ICU Beds Occupied:

   January 17-23, 2022 : 26,236
   January 4-10, 2021  : 29,175

So there were 2,939 (or ~11%) more beds occupied due to COVID about a year ago.