Only one notch above junk level.
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I believe S&P should only give out two ratings: Standard and Poor.
(On that note, I don’t know why people assume that the ratings of a company named Moody’s are primarily based on facts and not someone’s current emotional state.)
Funny story: I raised a support request with Oracle last week to confirm if one of their products was vulnerable to Januscape.
When I got a copy-pasta ‘no’ I asked why there was an Oracle-issued advisory for kernels the product ships with.
A couple of days later they updated the SR with ‘yes, please update’
LOL
Couldn’t happen to a nicer company
Are another 30,000 employees getting laid off?
they are hiring more, so they can reach their layoff targets
for the paramount-cw MERGER, it likely will be more if goes through. right now the blue states are suing to stopt he merger.
Oracle does layoffs regularly. Theres always another one coming.
Oracle has been a castle built on sand for a long time. Their entire business model hinged on pulling off massive pricing bait-and-switches with large companies, and there’s only so many of those you can do before people get wise to it.
Also wtf is with that website? “Data Tracking Consent required for free use”? I’m like 99% sure that’s a wilful and deliberate GDPR violation.
No they let you opt out of sharing data with the hundreds 3rd parties they share your data with…by clicking reject next to each of their names on another page…
It probably is legal and if you follow the money I’m willing to be there is some lobbying form who argued to get a provision like this snuck into GDPR during some backroom deal.
Took me longer to do that than to read the article.
Never has it been so clear to me that I was the product.
Edit: IANAL, it seems to be legal under the GDPR because they offer an option to pay for the content. Idk about the preselected form to turn off individual advertising cookies, that still seems like it would still be an illegal dark pattern under the GDPR.
It probably is legal and if you follow the money I’m willing to be there is some lobbying form who argued to get a provision like this snuck into GDPR during some backroom deal.
No, it’s not legal.
Seems like you’re making stuff up to match your broad views instead of checking or reading wherever. Which would be one thing if it’s just for your own views, but you’re unjustly propagating misinformation and system distrust.
https://gdpr-info.eu/art-21-gdpr/
At the latest at the time of the first communication with the data subject, the right referred to in paragraphs 1 and 2 shall be explicitly brought to the attention of the data subject and shall be presented clearly and separately from any other information.
https://gdpr-info.eu/art-25-gdpr/
1The controller shall implement appropriate technical and organisational measures for ensuring that, by default, only personal data which are necessary for each specific purpose of the processing are processed. 2That obligation applies to the amount of personal data collected, the extent of their processing, the period of their storage and their accessibility. 3In particular, such measures shall ensure that by default personal data are not made accessible without the individual’s intervention to an indefinite number of natural persons.
More explanation what that means specifically on https://gdpr-info.eu/issues/consent/
Sorry if my response sounds harsh or unjustified. We’re on a public platform after all where people share their views and understanding. It just pains me to read misinformation on such a good thing amongst less good things.
Regarding the subscription or consent choice I’ve read multiple times that it was ruled illegal. I’m confused why is still practiced.
The GDPR is flagrantly disregarded constantly. It really needs more enforcement.
It would be funnier if the whole stock market weren’t a scam machine.
I haven’t watched “The Big Short” in a long time… but aren’t BBB- rated things “dogshit wrapped in catshit”?
In the mortgage collapse that drove the world economy to the brink, the ratings agencies were rating dogshit in catshit as AAA, they certainly didn’t give it something more appropriate like BBB-. There was a good scene where Burry (played by Carrell) went to fitch and asked them why they hadn’t changed the rating on the MBS(shit sandwich) when the underlying mortgages were worth zero. The Fitch person said they didn’t feel the need to. They were of course being paid–and still are–by the companies they rate.
It’s there in the S&P 500 between MSFT and PLTR on the left kind of in the middle (size of the box is the market cap of the company). It’s in practically every 401(k) in the US. BBB is somewhere in the middle of the jenga tower.
(the colors are whether and how much the stock rose, not credit rating)
I know :-)
Here’s hoping for more red today.
Replying to myself to put up a link to the jenga tower scene of The Big Short in case nobody has seen it: https://www.youtube.com/watch?v=xbiDrzTd8fE
And here’s the blurred Florida scene that follows, imagine the realtors are CEOs and the strippers are vibe coders who think their apps are perfect.
I wonder who they’re going to sue to get out of this one.
Ellison is in the AIPAC club. He can have whatever he wants in the US.
No one, they’ll just have the government bail them out. They’ll call their collapse a national security risk, threaten to sell their share of US Tiktok back to Bytedance, claim that they won’t be able to protect the sensitive medical data of millions of Americans, etc. Whatever it takes to convince Trump that they’re too big to fail.
claim that they won’t be able to protect the sensitive medical data of millions of Americans
As an IT guy at a cerner hospital they can barely keep that shit running as is. Their cloud/ai services go down weekly, they managed to fuck up our HIE implementation at every turn, and it takes weeks for a Service Request to get traction, including followups and escalations…but if “support” attempts to call you their call centers are inherently flagged as spam.
Ah, I don’t miss that industry at all… Fucking clowns in every company.
Is SAP still fucking up every single deployment?
I hope Larry Ellison feels it, but he probably won’t.
Hope he goes insolvent and State of Hawaii then takes Lanai back through eminent domain.
And also sell off his media empire.
I hope the orcas finally catch their white
whalemale.
he needs a new skinsuit like rfk jr.
How would we know?
bad bad bad -
Big budget bust.
BIG BADDA BOOM!
🦀🦀🦀🦀
