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Category: Criminality

A Flea and a Fly and the Worst Flu Season in Years

A Flea and a Fly and the Worst Flu Season in Years

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Image by Alexandra_Koch from Pixabay

Again, the headline is courtesy of a poem by Ogden Nash
“A flea and a fly in a flu
Were imprisoned, so what could they do?
Said the fly, “let us flee!”
“Let us fly!” said the flea.
So they flew through a flaw in the flue.”

It’s winter. It’s the height of flu season, and it’s being reported as one of the worst flu seasons in years. We’re always curious as to why and while we’re not a conspiracy theorist at all, it’s always interesting to connect the dots and to separate truth/science from media talking points. If you believe that the latter is an exaggeration, we came across this, and it’s worth a watch.

We’re hearing from more and more of our readers who took the Covid vaccine about what we’ll call ‘buyers regret,’ and this just in: Yale scientists link Covid vaccines to alarming new syndrome causing ‘distinct biological changes’ to body, the Daily Mail et al reported. Read More...

Silicon Valley Goes to Washington…Why?

Silicon Valley Goes to Washington…Why?

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Photo by Andy Feliciotti on Unsplash

News stories have a way of quickly becoming yesterday’s news. Which for the most part they are, but what if there’s more to the story?

Ever wonder why the tech C suite has suddenly turned its attention to participating in the G qua Government suite (their  armies of lobbyists aside, of course) – and backed the current administration? We were curious, and there’s a reason why you need to look outside of the mainstream media for answers or connect dots that might be a bit obscured.

“The Shocking Reason Marc Andreessen Had to Endorse Donald Trump,” the Independent Sentinel reported – and not reported in the mainstream media. According to Andreessen, said the Sentinel, “The Biden Administration planned to control AI and only allow three companies to create it. The administration would crush all competing companies and classify the physics needed to run AI models. “AI is a technology, basically, that the government is gonna completely control. — Don’t fund AI startups,” Andreessen was warned. “That’s not something that we’re gonna allow to happen…We’re gonna control them, um, and we’re gonna dictate what they do.” Read More...

The Importance of Transparency

The Importance of Transparency

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Image by OpenClipart-Vectors from Pixabay

We’ve found that in tech, founders/the tech press, etc, in many cases, have a bad habit of stretching the truth, let’s call it, or at least of altering a narrative to suit their purposes. It’s top-down and the members of the tech cabal do it constantly – often with the willing assistance of the tech media, who let’s say tend to shy away from presenting the full picture.

Last week, “Microsoft and Apple (gave) up their OpenAI board seats,” MSN reported. “Microsoft reportedly told OpenAI that it’s confident in the direction the company is taking, so its seat on the board is no longer necessary.”

That’s the snapshot, which is often as far as many readers get, and let’s not forget that MSN, or Microsoft News, is a Microsoft property. Read More...

The Police Blotter of Tech

The Police Blotter of Tech

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Image by 愚木混株 Cdd20 from Pixabay

Big Tech never shrinks from pushing the envelope, or as the motto goes, ask forgiveness, not permission. We suppose that when you get away with it long enough and often enough, the lines don’t blur. They simply cease to exist.

Ask forgiveness is really understating the sentiment. In reality, their true approach is ‘why stop there?’

TikTok’s troubles just got worse: The FTC could sue them, too, Politico reported. Read More...

The 23 Memorable People & ‘Peccadillos’ of ’23 – Part One

The 23 Memorable People & ‘Peccadillos’ of ’23 – Part One

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Image by Rosy / Bad Homburg / Germany from Pixabay

Remember all the dumb things you did when you were 23 and thought you knew everything? No, the year wasn’t all bad. Then again, when you were 23, you had your moments, too…

We’ve made our list and checked it twice, so without further ado, the people and peccadillos of the year that’s coming to an end, but the real question is, in many cases, when – and where – does it stop?

  1. Sam Bankman-Fried. He held our attention for quite a spell, as tales of his exploits were revealed: defrauding investors left and right and spending money like it grew on trees. Which it did for him: shake the tree and there were even more funds in the FTX coffers. The one-time crypto king believed that his true strength was in his hair and that those carefully unkempt locks made all the difference in his meteoric rise. Maybe they did for a spell, but speaking of locks, fraud is fraud and the former wunderkind is heading to prison for an even longer spell.
  2. The new cryminal class. SBF tops long list of crypto hot shots facing legal reckoning. “His case was far from the first — or last — time that crypto founders and executives found themselves in legal hot water related to their digital-asset activities,” the Toronto Sun pointed out. There was also Terraform Labs co-founder Do Kwon; Alex Mashinsky, the former chief executive of Celsius Network; Su Zhu, co-founder of the bankrupt Three Arrows Capital hedge fund and Thomas Smith, Kyle Nagy, and Braden Karony — the people behind the crypto token SafeMoon, who were accused by federal prosecutors of using millions in investors’ funds to buy luxury homes and McClaren sports cars. When you can live that large is so short an amount of time, chances are there’s a small cell in your future.

Biometrics collection is certainly growing. Read More...

Tech’s Bad Hair Day

Tech’s Bad Hair Day

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Photo by Birger Strahl on Unsplash

No one wants to say it out loud, but is the latest tech bubble bursting? While the Web 1.0 demise was a result of too much money chasing too much youth and inexperience, this time around it’s different: It’s a result of a different kind of huckster class which has woven itself into the fabric of tech.

And many investors were complicit.

WeWorked It

Yes, he did, ‘he’ being Adam Neumann, the company’s charismatic founder/showman who somehow convinced investors that WeWork was a tech company, and not just another real estate play. Tech startups were drawn to the space, but being able to rent office space using an online system doesn’t make you a tech company. There was WeWork Labs, but it was something of an accelerator by any other name and which other accelerator considers itself a tech company?  WeWork’s rapid expansion into new spaces and more cities did grab attention, as they’d almost instantly be 90+% full, it would be announced. Although the play was to rent ten floors, build out three, fill them, and as for the floors that hadn’t been converted? Details! Kick the can down the road and stick to the plan to show hockey stick growth. Read More...

The Return of the Dark Lords of Social

The Return of the Dark Lords of Social

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Photo by Joshua Hoehne on Unsplash

From what we’ve witnessed about the tech space to date, tech is all about invention and reinvention.

Example: it’s a communications tool. How long has the telephone been around, meaning landlines? Instead of calling, we ping or email or Zoom. Nothing new, really: only the words and devices and delivery mechanisms have changed to deceive the clueless.

Tech is also about glorification and vilification – and sometimes both, in the same person. Everyone’s (former) hero Elon Musk bought Twitter and the tech media banded against him – no matter that Twitter had been a platform for propaganda and surveillance under Jack Dorsey’s tenure. Yet, no matter what, Dorsey, for some reason, can seemingly do no wrong. Read More...

Fake It Till You… Meh – Scratch That

Fake It Till You… Meh – Scratch That

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Image by Elisa from Pixabay

Fake it till you make it has been the credo of the tech industry since the very earliest days of the industry. Make big promises and bold statements and no matter that the product may end up as shovelware of vaporware, founders were inventing the future and no matter that investors who bought into the hype were expecting big payoffs that often didn’t happen. You pay your money, you take your chances. So it goes.

Erin Griffin wrote an excellent piece in The New York Times recently entitled The End of Faking It in Silicon Valley and it’s must-read. “Faking it is over. That’s the feeling in Silicon Valley…Not only has funding dried up for cash-burning startups over the past year, but now, fraud is also in the air, as investors scrutinize startup claims more closely and a tech downturn reveals who has been taking the industry’s “fake it till you make it” ethos too far… the chorus of charges, convictions and sentences have created a feeling that the startup world’s fast and loose fakery actually has consequences.”

Gee, who’d have thought? Considering that California was basically founded on the Gold Rush, and the tech space was essentially the state’s second Gold Rush, didn’t investors realize that during that first Gold Rush, many were taken in by Fool’s Gold? History does have a way of repeating itself, and if it worked the first time… Read More...

The Long Tale of the Shortcut

The Long Tale of the Shortcut

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Image by Roland Schwerdhöfer from Pixabay

Bill Gates was a college dropout. Steve Jobs quit after one semester. Mark Zuckerberg didn’t finish, either.  So it was no wonder that, when the tech sector rose to prominence, kids believed that dropping out of college and starting a company was de rigueur for success in life. And to be wealthy and lionized.

The Age of Social loved tech ‘luminaries’ such as Zuck and Jack Dorsey and how convenient that their genius could be amplified on the very platforms they created. Tech founders were the rockstars of the computer age.

We know things move faster in the online world, but how did these guys get so rich and powerful in so short an amount of time? Read More...

“Beware the Tech Industrial Complex”

“Beware the Tech Industrial Complex”

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It was President Dwight D. Eisenhower who said that when leaving office, although most people quote his warning to beware the military industrial complex. He was right on both counts, but the former seems just a bit more prescient at this juncture.

The news that grabbed the headlines this week was Microsoft’s $70B bid for the troubled Activision (Microsoft’s Activision buy could shake up gaming), but the real news is that Microsoft is bigger than Google, Amazon and Facebook. But now lawmakers treat it like an ally in antitrust battles.

Odd, given that so much attention is focused these days on anti-trust and Big Tech and note to self, the acquisition would make Microsoft bigger in the gaming space than Nintendo. This, as we stand at the threshold of the metaverse and given Microsoft’s ownership of LinkedIn, this would consolidate its position in the metaverse in both work and play. Read More...