Posts by alaric@ioc.exchange
(DIR) Post #ATn8YgblMBuXF6RDBw by alaric@ioc.exchange
2023-03-17T19:58:13Z
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@alaric #SVB #SVBFail #uspol #uspoliticsBank run organized and orchestrated on Slack/Whatsapp by panicked VC bros high on their own supply and then tweeting about how "if the government didn't step in, it would be chaos and the end of innovation ", reminded me of this Albert Einstein quote 👇🏾An oligarchy of private capital cannot be effectively checked even by a democratically organized political society because under existing conditions, private capitalists inevitably control, directly or indirectly, the main sources of information.
(DIR) Post #ATn8YidxmyrLYVTzto by alaric@ioc.exchange
2023-03-18T15:30:12Z
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@alaric#SVB #SVBFail #CreditSuisse15 years ago, in a deal coordinated by ministers, the Swiss National Bank and federal banking commission, the Swiss government effectively pumped $60bn into UBS, taking virtually the last $50bn of its toxic assets into a special purpose vehicle off its books and owned by the SNB. Today, they are urging UBS to explore an acquisition of all or parts of Credit Suisse Group AG after Credit Suisse pummeled by a "crisis of confidence" aka multiple scandals including mismanagement of funds, the bank closed the 2022 fiscal year with a loss of nearly $8 billion, its biggest loss since the 2008 global financial crisis, preventing money laundering among others.15 years is apparently how long it takes for history to be forgotten. Lobbying by the financial industry plays a huge part in why regulation and supervision of the largest financial institutions in the United States and around the world is extremely insufficient. https://finance.yahoo.com/news/ubs-explore-credit-suisse-deal-231127876.html
(DIR) Post #ATn8Ylp3yAWLPnhP7I by alaric@ioc.exchange
2023-03-18T19:54:31Z
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@alaric#SVB #SVBFailGood Marketplace episode on how in the early hours of Silicon Valley Bank’s collapse, the news spread like wildfire through startup messaging chains on WhatsApp, Slack, Signal and Telegram. Bank runs fueled by social media fueled by rumors and anxiety among the VC bros 👇🏾Herd mentality https://podcasts.apple.com/us/podcast/marketplace/id201853034?i=1000604709880
(DIR) Post #ATn8YlsFmJ4ZZhBx5c by alaric@ioc.exchange
2023-03-19T16:19:16Z
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@alaric #SVB #SVBFail #CreditSuisse UBS makes $1 billion all-share offer for embattled Credit Suisse 👇🏾Credit Suisse is a penny stock https://www.msn.com/en-us/money/markets/ubs-makes-1-billion-all-share-offer-for-embattled-credit-suisse-reports/ar-AA18OIU2
(DIR) Post #ATn8Ynmeg5mbUuaVdo by alaric@ioc.exchange
2023-03-19T18:21:17Z
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@alaric #SVB #SVBFail #CreditSuisse $2 Billion is *much closer to the $9.5 billion friday close of business valuation than $1 Billion. This place should have been sold for parts years ago.https://www.msn.com/en-us/money/companies/ubs-reaches-agreement-to-buy-credit-suisse-after-upping-offer-report/ar-AA18OPNO
(DIR) Post #ATn8YoqEkGF4mJGsrY by alaric@ioc.exchange
2023-03-19T23:37:08Z
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@alaric #SVB #SVBFail #CreditSuisse UBS Agrees to Buy Credit Suisse for More Than $3 Billion👇🏾https://apple.news/A7n9DxCw7TiKporrpvccaBQ
(DIR) Post #AToozpCpt8ssxbMUJk by alaric@ioc.exchange
2023-03-20T16:12:00Z
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#infosec #ransomwareHitachi Energy Blames Data Breach on Zero-Day as Ransomware Gang Threatens Firm 👇🏾"Hitachi Energy has blamed a data breach affecting employees on the recent exploitation of a zero-day vulnerability in Fortra’s GoAnywhere solution"https://www.securityweek.com/hitachi-energy-blames-data-breach-on-zero-day-as-ransomware-gang-threatens-firm/
(DIR) Post #ATtSW1rd2GH6KUd3S4 by alaric@ioc.exchange
2023-03-23T02:14:40Z
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Words matter...LOLLLLL
(DIR) Post #AU7iZjpjCLIsA0QEoy by alaric@ioc.exchange
2023-03-29T22:26:17Z
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#SocialMediaTHIS 👇🏾is why I always read @mmasnickThe problems are hard and complex and there are many, many variables to account for especially when dealing with people and society.He ties it all in this piece about the social media moral panic really, really well.Oh, also, this kicker of a graf "*but many experts have highlighted that Haidt is a master of cherry-picking studies that support his thesis, and ignoring those that don’t. And even within the stats he uses, he’s been known to cherry-pick the time frames to avoid some more difficult questions. This is quite notable on his claims about suicide rates.*" is fantastic https://www.techdirt.com/2023/03/29/as-the-social-media-moral-panic-continues-people-keep-highlighting-how-much-value-it-actually-provides/
(DIR) Post #AUBQJ1wX8l2I5cmKau by alaric@ioc.exchange
2023-03-30T21:53:39Z
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#USPolitics #USPol The indictment is definitely going to make the orange 🤡 go ballistic on his dumb social media website and might even make him get back on the 🐦, but this, *Trump denies the affair but has admitted directing his then lawyer and fixer, Michael Cohen, to pay Daniels $130,000 for her silence.* has always been so damned funny to me. "I didn't have an affair with her but I had my lawyer pay her" LOLLLLL....And people voted for this dip💩 twice 🙄https://www.theguardian.com/us-news/2023/mar/30/donald-trump-indicted-stormy-daniels-hush-money?CMP=Share_iOSApp_Other
(DIR) Post #AUBQJ2nLyNHqjRUVvM by alaric@ioc.exchange
2023-03-30T22:27:48Z
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@alaric #USPolitics #USPol Lolllll..why is this a "shock"? Dude's been criming for years. In any other country, an autogolpe would have resulted in prison time, but this 🤡has been continuing to scam his cult, trying to incite even more violence, and generally being a total dip💩while apparently being the GOP front runner.
(DIR) Post #AUBQJ3W1IJ12xyOBXs by alaric@ioc.exchange
2023-03-30T22:45:54Z
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@alaric #USPolitics #USPol LOLLLLL...L O S E R S.....LOLLLLL
(DIR) Post #AUBQJ4IaNjrdOb6yFE by alaric@ioc.exchange
2023-03-31T01:25:58Z
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@alaric #USPolitics #USPol Lolllll... spineless talking head has words. He barely escaped the MAGA mob on Jan6th.And yet this weasel is so caught up in the politics of not wanting to run afoul of the orange 🤡's cult that he still defends him.
(DIR) Post #AUBQJ4vE44lxKRBpTM by alaric@ioc.exchange
2023-03-31T17:13:04Z
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@alaric #USPolitics #USPol The NYT clearly needs editors who know what words mean. It's not "taboo" for a person who's committed crimes to be indicted (or INDICATED as the orange buffoon said) even if you are the ex-President. https://www.nytimes.com/2023/03/30/us/politics/trump-indictment-democracy.html?unlocked_article_code=TyR2nPdw64cv07eIzC7yxLxDsARzmm2yCdealUwCCBXjQXEk9N6LqJdynlb717HiF6GCa5s2uiT-rPRL7d_xOeF2yimTCLIrkbzWU_Ch5jcDouarKvN0pihm00fyECbfNHXdPtbHNZqJr7rTIYay2zA6sboZSX6oPIhTxPSwnRwAIQC-ydjPHj45n2lyaAPEvz7ZzT1FBR8ZWUvvFGmJgxOc2n_P-6EHTZfmgKUDb9aPZ6bU1k3rBDXLGBGShbODt2TrWJzMk0hQa9XU-do6Xaq5uix5NVPZTVq35oiJ5Bxgw_xEgPbCdO1kx07LY6yDoRZwB6QkWadseQ5a2Rn49nBbAbA&smid=nytcore-ios-share&referringSource=articleShare
(DIR) Post #AUC0TFPFXITV5gNiFc by alaric@ioc.exchange
2023-03-30T15:40:16Z
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#Mastodon #Fediverse When the very famous red 🐼from the 🐦posts about being on 🐘, has this place reached "critical mass"? Welcome to Mastodon 👏🏾👏🏾👏🏾 @darth
(DIR) Post #AUC0THhP0mBSCYtEp6 by alaric@ioc.exchange
2023-03-31T21:51:39Z
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#DogsOfMastodon @darthCalvin also wanted to say hi and welcome 🐶
(DIR) Post #AUKZZONWXvE3HZEoBk by alaric@ioc.exchange
2023-03-23T20:55:43Z
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@alaric #infosec #ChatGPT To absolutely no one's surprise, 43% of employees are feeding business data to Chad (ChatGPT) and 70% are not telling their employers 👇🏾(responses from 11,793 professionals)https://www.fishbowlapp.com/insights/70-percent-of-workers-using-chatgpt-at-work-are-not-telling-their-boss/
(DIR) Post #AUKZZOy2MAQt6oJy6K by alaric@ioc.exchange
2023-04-05T01:02:23Z
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@alaric #infosec #ChatGPT To absolutely no one's surprise, Samsung meeting notes and new source code are now in the wild after being leaked in ChatGPT 👇🏾"Samsung Electronics sent out a warning to its workers on the potential dangers of leaking confidential information in the wake of the incidences, saying that such data is impossible to retrieve as it is now stored on the servers belonging to OpenAI. In the semiconductor industry, where competition is fierce, any sort of data leak could spell disaster for the company in question."This is *AFTER* the company *allowed* engineers at its semiconductor arm to use the AI writer to help fix problems with their source code. LOLLLLL https://www.techradar.com/news/samsung-workers-leaked-company-secrets-by-using-chatgpt
(DIR) Post #AUM1KqFsgkSlsr2y3M by alaric@ioc.exchange
2023-04-05T21:24:01Z
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@lauren So much this 👆🏾 ESPECIALLY the onboarding experience. Having experienced this first hand recently with a person who is fairly tech savvy but not in tech and seen the frustration, the "friction" with user onboarding needs to be removed as much as possible. It's really analogous to getting people to get to use MFA. They aren't necessarily opposed to it, but the friction associated with it ("this is too much work") causes a lack of buy in.
(DIR) Post #AUSF4bNu9NOcwpjQu0 by alaric@ioc.exchange
2023-04-08T12:13:56Z
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#Fediverse @timbrayOn a model for building sustainability into the Fediverse where there won't be ads and you are not the product 👇🏾"CoSocial is yet another fediverse outpost running Mastodon and with a blog. What’s different is that it’s Canadian, and a member-owned co-operative. Both of those matter to me, but the co-op part is the real story.It’s not complicated: $50/year and you’re a member/owner, with an account at cosocial.ca. *There’ll never be ads*. Nobody will ever get rich. A few people might make a living, down the road. *You will never be the product*."https://www.tbray.org/ongoing/When/202x/2023/04/06/CoSocial#p-8@seb