Tag Archives: Stocks

Watch ‘The Big Short’ and ‘Wolf of Wall Street’ if GameStop Mania has your Curiosity Piqued

Stories from Past Crises can Reveal New Insights as we Encounter huge Challenges

https://movietrailers.apple.com/movies/paramount/thebigshort/thebigshort-onlinespot_h1080p.mov

Right now, the best movies on the financial crises of 2008 and 2000 and stock trading in general are all trending on the streaming rental market, since they are nearly impossible to find on subscription based platforms such as Netflix, HBO Max, Disney +, etc.

As a result, paid views have skyrocketed, for example, on iTunes, where “The Big Short” is #3 and “Wolf on Wall Street” is #4

This surge applies to other films such as the excellent ‘Boiler Room” with Giovanni Ribisi. The films are all excellent and worth paying for if the chaotic craze with huge money gained and lost with GameStop, AMC and the whole Reddit, Robinhood brouhaha has you curious to learn more about the financial markets.

Click to buy “The Big Short” 
and help Lynxotic 
and all Independent Local Bookstores. 
Also available on Amazon.

The reality is sinking in, slowly, that the future is truly unknowable and that big changes and even bigger challenges are looming. Twin shocks of a health emergency and a financial crisis, intertwined and yet with separate trajectories, are still to be resolved in our near future.

And then there’s the myriad of other challenges that were already acute, such as global warming and the “other” epidemic; corruption and greed. It’s almost too much to face up to, and no one can be blamed for wanting to just turn away.

Too much has been glossed over. After the 2008 crisis we all just wanted to put that ugly mess behind us and get on with our lives. I suppose the criminals that netted billions as a “reward” for almost destroying the entire global economy were also eager to just move on.

All that as it may be, perhaps, a way to begin the process of regaining our courage and looking into the future with some kind of hope, or at least a deeper understanding of the human dilemma and historical precedents, might be to enjoy films about small moments of triumph before great adversity. Here are a few recent options:


The Big Short:

https://movietrailers.apple.com/movies/paramount/thebigshort/thebigshort-fte1_h1080p.mov

Barely 12 years ago, the financial collapse and ensuing “Great Recession” was a nightmare scenario. The aftermath of that debacle is also a contributor to the economic dangers we see before us in 2020. This film, likely the best based on that era, highlights how outsiders and misfits were able to prosper, even as they witnessed the corruption, failure and systemic injustice that brought the world to the brink of total economic chaos.

Starring: Christian Bale, Steve Carell, Ryan Gosling and Brad Pitt.

Want know more about shorting? About the shady and complicated scams? And also see an incredible film?

‘Wolf of Wall Street’:

The Wolf of wall street is simply a great movie. It’s even better though if you watch it in the context of stock market mania. Just like the one that’s happening now.

Beyond the fact that the story is incredibly entertaining it does also get into the heart of the “pump & dump” boiler room mentality. While the so called ‘retail investors” who are riding the Robinhood stock purchasing app to what they see as well deserved revenge on Wall Street, and Belfort who was the real life “Wolf of Wall Street” was more of a wannabe that couldn’t get into the establishment.

Read more: Confused about GameStop, Robinhood, Reddit and Wall Street Bets? Check out the Big Short

He then set forth, with chutzpa and insanity and some drugs, built his own criminal empire, there are some very clear correlations between his tricks that made him rich and what the short-squeezing Reddit & Wall Street Bets chat room vigilantes are doing right now.

Can we all be like the guys, Jordan Belfort or Michael Burry, who was played by Christian Bale in the movie, and even though it was about going short, it’s sill ok, cause, Christian Bale?

Read more: GameStop, Dogecoin, Robinhood and Stonks: What’s going on!?

History does exist, even if it happened before your uncle was born

Up until 1934 many things were legal and rampant that today, technically, are not allowed. Insider Trading is the most obvious and best defined, look up Martha Stewart and jail time if you want to know more about that. 

Collusion in the market is another less well known practice, also known as “pump & dump” that has as many variations as Ponzi schemes and, though illegal, will never be stamped out. The technical terms for Colluding in relation to stock trading are “securities fraud” or “market manipulation.”

https://movietrailers.apple.com/movies/paramount/wolfofwallstreet/thewolfofwallstreet-tlr2_h1080p.mov

Not to get technical but here’s an partial excerpt of the legal specifics

15 U.S. Code § 78i – Manipulation of security prices

(a) – (2 To effect, alone or with 1 or more other persons, a series of transactions in any security registered on a national securities exchange, any security not so registered, or in connection with any security-based swap or security-based swap agreement with respect to such security creating actual or apparent active trading in such security, or raising or depressing the price of such security, for the purpose of inducing the purchase or sale of such security by others.

Anthropocene: The Human Epoch

https://movietrailers.apple.com/movies/independent/anthropocene/anthropocene-trailer-1b_h1080p.mov

Read more: “GameStonks vs. Wall Street”: Heroes, Victims and Hogwash

Click to buy “Antrhopocene” 
and at the same time help Lynxotic 
and All Independent Local Bookstores. 
Also available on Amazon.

For a bird’s-eye overview and scientific perspective – Athropocene is a film for those ready to think deeply on how, once beyond the immediate danger, we would want to emerge into a new era as a species. A positive reaction to the current crisis, worldwide, has been a series of ideas and proposals that show a willingness to confront the challenges from an entirely new perspective. Maybe new leadership can mean starting over and making a pledge to try a new approach to literally everything.

‘The film follows the research of an international body of scientists, the Anthropocene Working Group who, after nearly 10 years of research, argue that the Holocene Epoch gave way to the Anthropocene Epoch in the mid-twentieth century as a result of profound and lasting human changes to the Earth.”


Cinderella Man

This Depression era feel-good story takes on new meaning as we see a “Great Depression II” potentially looming. Looking for strength and courage facing forces that threaten our survival, and coming out at the end in a better place, that’s a synopsis and blueprint we can all benefit from observing, even if it’s packaged as a Hollywood vehicle. Russel Crowe at his best. Maybe worth a second look.


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Find books on Global WarmingClimate Change, Sustainable Energy and many other topics at our sister site: Cherrybooks on Bookshop.org

Lynxotic may receive a small commission based on any purchases made by following links from this page.

Wolf of Wall Street has Pump & Dump and more to Inform during the Game Stop Craze

Want know more about shorting? About the shady and complicated scams? And also see an incredible film?

The Wolf of wall street is simply a great movie. It’s even better though if you watch it in the context of stock market mania. Just like the one that’s happening now.

Beyond the fact that the story is incredibly entertaining it does also get into the heart of the “pump & dump” boiler room mentality. While the so called ‘retail investors” who are riding the Robinhood stock purchasing app to what they see as well deserved revenge on Wall Street, and Belfort who was the real life “Wolf of Wall Street” was more of a wannabe that couldn’t get into the establishment. He then set forth, with chutzpa and insanity and some drugs, built his own criminal empire, there are some very clear correlations between his tricks that made him rich and what the short-squeezing Reddit & Wall Street Bets chat room vigilantes are doing right now.

Read more: Confused about GameStop, Robinhood, Reddit and Wall Street Bets? Check out the Big Short

Can we all be like the guys, Jordan Belfort or Michael Burry, who was played by Christian Bale in the movie, and even though it was about going short, it’s sill ok, cause, Christian Bale?

Read more: GameStop, Dogecoin, Robinhood and Stonks: What’s going on!?

History does exist, even if it happened before your uncle was born

Up until 1934 many things were legal and rampant that today, technically, are not allowed. Insider Trading is the most obvious and best defined, look up Martha Stewart and jail time if you want to know more about that. 

Collusion in the market is another less well known practice, also known as “pump & dump” that has as many variations as Ponzi schemes and, though illegal, will never be stamped out. The technical terms for Colluding in relation to stock trading are “securities fraud” or “market manipulation.”

Not to get technical but here’s an partial excerpt of the legal specifics

15 U.S. Code § 78i – Manipulation of security prices

(a) – (2 To effect, alone or with 1 or more other persons, a series of transactions in any security registered on a national securities exchange, any security not so registered, or in connection with any security-based swap or security-based swap agreement with respect to such security creating actual or apparent active trading in such security, or raising or depressing the price of such security, for the purpose of inducing the purchase or sale of such security by others.

https://movietrailers.apple.com/movies/paramount/wolfofwallstreet/thewolfofwallstreet-tlr2_h1080p.mov

Read more: “GameStonks vs. Wall Street”: Heroes, Victims and Hogwash


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Lynxotic may receive a small commission based on any purchases made by following links from this page.

GameStop, Dogecoin, Robinhood and Stonks: What’s going on!? We’ve got the real answers here

Confusing? Yea, but at the bottom it all it’s just…(parody)

It you have followed any of the unfolding madness with the “retail investors” and the revolution of unstoppable market manipulation that is heroic, not criminal cause, um, the other guys (Wall Street) are much more criminal.

Read more: “GameStonks vs. Wall Street”

The problem is, it’s all true! Yes, the idea that pumping up GameStop, which is basically a random stock that was cheap and easy to pump. This is basically making a mockery of the traditional idea of investing and of the laws against stock manipulation. But the market is, as so many are pointing out, basically a sham already.

Read more: Elon Musk, AOC, GameStop, Robinhood, Short Selling Hedge Funds

A lot is made of the bad and nasty “shorts” who think that, just because GameStop is a company with basically no future prospects, they think the price would like, do down. Strange. That’s ok though, we can pump it up and the squeeze force the shorty shorts to cover (buy back shares) and that will send the price soaring.

short shorts by Tesla

Then we can all be like the Wolf of Wall Street, Jordan Belfort and also totally like The “Big Short” guy, Michael Burry, who was played by Christian Bale in the movie, and even though it was about going short, it’s sill ok, cause, Christian Bale.

2008 was bad and done by very bad people that got away with it

And yes, it’s pretty much all a nasty business. But the nasty pros are the worst. And the whole system is a sham. And, anyway 2008. Right. Maybe this is like occupy Wall Street but for real. Occupy it literally inside of the market. Where they live.

So, in a nutshell it’s a mockery of a sham. And a travesty. So it’s a mockery of a sham and a travesty.

Seriously., though, perhaps pumping cheap stocks from around 5-10$ up to $500 or higher by coordinated buying executed by internet mobs should be made legal. Each “investor” can jump in and out where-ever they choose and daisy-chain into the wealth that dreams are made of.

Universal basic is basically good, really good

Perhaps this can be the new government stimulus plan. Give every citizen a “free” stock buying app like Robinhood (but a new one cause we all hate those guys now) and have each account pre-loaded with, say, $1000.

Then let everyone know that it’s ok to join Reddit groups or watch TikTok stock market gurus and everyone, like a swarm of locusts can just pump a stock up to the moon and then sell and crash it and move on to the next one.

Naturally, it will be necessary to always start with a stock that is cheap so the early buyers can get really, really rich when the stock (who care what company it is, right?) goes up around 32,000% is, say, a week. That’d be good.

I am looking for how this casino of the common man would be worse that the current system, and it’s hard to find a flaw. Maybe read a book? Naw, just buy and buy and get rich with stonks forever. Amen.


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Picking up Quarters in front of a steam roller: Robinhood, GameStop and the Innocence of Ignorance

Tilting at Windmills as misnomers rule

Lots of confusion on all sides. There’s an internet storm brewing over the “injustice” of various entities – a ridiculous “free” trading app called, of all things “Robinhood”, the hedge funds who shorted an obviously overvalued stock. The army of short-squeezers who are screaming bloody murder that they were not able to cash in at the top (or commit Hari-kari by buying more the higher it goes).

Read more: Elon Musk, AOC, GameStop, Robinhood, Short Selling Hedge Funds

And then every pundit in the world sounding off – all the outrage and chaos with Ted Cruz & AOC & Elon Musk & Chris Cuomo & Mark Cuban and probably every celebrity in the world going nuts all at once by tomorrow and all sounding off like crazy over the “injustice”. Shake it up and shake in down.

Read more: Stonk Traders vs. Wall Street”: Heroes, Victims and Hogwash

The sheer volume of confusion over the “Robinhood Revolution” is staggering. Just wait it will be much, much worse. The depth of the ignorance is truly monumental.

Are there bad guys on “Wall Street”? Plenty. Are the google guys day traders that bid up a worthless stock to “burn” hedge funds and get rich quick heroes? Please.

https://twitter.com/RileyTaugor/status/1355005283622383617?s=20

And an App hilariously named “Robinhood” that charge phantom fees rather than stated charges (low, high or whatever) does no “stealing from the rich” and sure as hell no “giving to the poor”.

The good guys? Wanna buy the Brooklyn Bridge? I’ll sell you whichever one you want.

Traders and “Wall Street Insiders” know that danger is real. The idea of protecting “retail traders” from risk? As they tap into credit cards to buy worthless stocks that they believe they have a right to pump & dump?

And are they good guys cause they should be able to push the price of a stock endlessly higher for no reason whatsoever except that they get off on the letters from the ticker symbols that happen to sound similar to the ticker for a stock that Elon Musk did a two word tweet about (Signal, etc)?

Collusion and getting rich for doing basically nothing should be something that is available to everyone because criminals have gotten away with it left right and center?

That’s the solution? Solution to what problem exactly? And the big heroes are those who coin slogans such as “stocks only go up!”


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Elon Musk, AOC, GameStop, Robinhood, Short Selling Hedge Funds: Fine People on all Sides!

Short sellers and now Robinhood are getting critics of all stripes

Tesla CEO Elon Musk wrote in a series of tweets Thursday a litany of anti-short thoughts, punctuated with “get shorty”. Also said he “absolutely” agrees with Rep. Alexandria Ocasio-Cortez, D-NY., that the House Financial Services Committee should launch an investigation into Robinhood because of stock trade restrictions that were put into place by the online app-based brokerage related to GameStop.

Read More:“GameStop vs. Wall Street”: Heroes, Victims and Hogwash

Always a master of viral expression, Musk famously marketed “short-shorts” as a dig at short sellers that he felt were unfairly targeting volatile Tesla stock moves. In the end, at least so far, he has always had the last laugh.

Robinhood is blocking “investors” from initiating new positions in GameStop, AMC Entertainment Holdings, American Airlines, BlackBerry Ltd., Bed Bath & Beyond Inc., Express Inc., Koss Corp., Naked Brand Group, Nokia Corp, Trivago, and Tootsie Roll Industries, Inc. They are only permitting them to sell existing holdings. Margin requirements were also increased for various securities.

The actions likely have a two-fold justification, based on the situation. To protect Robinhood from litigation in the even, which is likely, that the stock will collapse and many novice “investors” will get hurt, and ostensibly, to protect the investors themselves.

Rep. Ocasio-Cortez stated: “We now need to know more about @RobinhoodApp’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit.” And then added: As a member of the Financial Services Cmte, I’d support a hearing if necessary.

https://www.spacex.com/media/SN8_Website_03.mp4
video: SpaceX

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“GameStonks vs. Wall Street”: Heroes, Victims and Hogwash

Above: Photo Collage / Lynxotic / Adobe Stock

The story that won’t stop and the very fine people on all sides

No heroes, plenty of villains and lots and lots of nonsense and stupidity. But before getting into the nuts and bolts of this tragic “new” phenomena, take a second and think about all those media stories, in nearly every online media outlet, even hitting local news.

Each “take” on the story has a different slant and spin and almost none go into the boring and complex technical details of stock trading schemes. Most, it appears, are cheering on, implicitly, the “main street” buyers in an imaginary “war” on Wall Street.

[Disclaimer: Nothing in this article should be construed as legal or financial advice.]

That will get you more clicks.

A few will point out that GameStop, the company that is, which has no real prospect to rise from its comatose state into a Tesla-like world beater, regardless of how high the stock climbs for a few weeks or so.

And they will, rightly, warn that in this game, the “innocent” main street “investor” will lose in the end. Those are the boring stories. Not as many clicks for them.

The longer more accurate story of what is going on touches on the Great Depression, the Dot-com bubble, the financial crisis of 2008 and an understanding of stock trading that goes beyond the patience threshold of the general public and the media, even beyond most so-called Wall Street Insiders.

History does exist, even if it happened before your uncle was born

Up until 1934 many things were legal and rampant that today, technically, are not allowed. Insider Trading is the most obvious and best defined, look up Martha Stewart and jail time if you want to know more about that.

Collusion in the market is another less well known practice, also known as “pump & dump” that has as many variations as Ponzi schemes and, though illegal, will never be stamped out. The technical terms for Colluding in relation to stock trading are “securities fraud” or “market manipulation.”

Not to get technical but here’s an partial excerpt of the legal specifics:

15 U.S. Code § 78i – Manipulation of security prices

(a) – (2 To effect, alone or with 1 or more other persons, a series of transactions in any security registered on a national securities exchange, any security not so registered, or in connection with any security-based swap or security-based swap agreement with respect to such security creating actual or apparent active trading in such security, or raising or depressing the price of such security, for the purpose of inducing the purchase or sale of such security by others.

Enter Reddit’s r/wallstreetbets forum. Not saying that there is anything illegal about “loving” a company as a group and choosing to “support” it by buying its shares.

Even if the motivation (false and imagined) is to “hurt” the short sellers in some kind of Robin Hood attack, that’s probably not something the SEC would care about. Short selling professionals can take care of themselves.

Enter another part of history: the allegedly overvalued company effect

Attacking short sellers has become a kind of sport, particularly when it’s about an emotional connection that was partly responsible for a company’s shares being “overvalued” by traditional metrics in the first place. Once “overvalued” therefore, a target to be sold short by traders and hedge funds that believe in quaint things like profit to earnings ratios and the like.

While company’s share prices being “overvalued” is based on opinion and often wrong, there have been recent cases, since the NASDAQ bubble burst in 2000, that have added a somewhat new, larger, twist on the typical understanding of these types of situations.

Bubble is as bubble does

To take the biggest example, there is Amazon (AMZN) which would take a thousand page book to accurately and fully elaborate on, but for the sake of brevity a couple of points could be made.

It is well known that Amazon posted substantial losses for many years while the stock price generally continued to rise. This was attributed to shareholders’ willingness to forgo proof of financial success within the company and persisted in buying & holding in the hope that share prices would continue to rise and that the company eventually would show profits and more success.

All of that seemed to happen, in the case of Amazon, when viewed casually, and now there is a sense, among some, that overvaluation, in “outlier” cases, is no longer a valid reason to sell (or short) a stock. Everybody’s happy right?

The uses of inflated value is a sticky-wicket if you are the loser

Not everybody. Naturally there are many “bad” short sellers who likely lost by shorting Amazon during it’s unrelenting rise since 2000. They are unlikely happy.

But also, and here’s the rub, there were whole industries crushed by the power that came with that “over-valued” stock price that seems, from looking at reams of data, to have been used to finance the selling of goods at substantial losses for “as long as it takes” to damage competitors.

Ultimately, for Amazon, creating a possibly dangerous monopoly (or monopsony, as it were) position with the potential for further damage to not just competition, and the overall marketplace, but to society as a whole.

This is, of course, opinion but ask, if you will, the various agencies in charge of anti-trust actions for further concurring opinions.

Tesla is a whole other story, but a completely unique one

However, the situation is clearly not black and white. An alternate opinion could be held regarding the similar, yet very different, situation at Tesla (TSLA). Short interest throughout the rise? Absolutely. Overvaluation by traditional metrics, yup.

But in this case there is both a technological argument to be made, as well as a geopolitical / moral one, that the company’s wider mission: “Tesla’s mission is to accelerate the world’s transition to sustainable energy” is a more than valid justification for wanting to support the company, in any way possible, including through the purchase of it’s purportedly overvalued shares.

That kind of goodwill is the x-factor that is now being twisted into a justification for pumping GameStop (GME) into the stratosphere, beyond the kind of overvaluations that either Amazon or Tesla ever enjoyed (and that’s saying a lot!) while downplaying the “dump” part of the “pump & dump” scenario.

Of course here’s the tragic part; the dump phase always comes, and in reality, is the whole point. Next… ooopsy, while writing this the dump started with GME in the form of a drop from around $500 per share to $226.

For a sub-$20 stock, of course, that’s still extremely high and there will no doubt be gyrations in both directions before the final drop back to obscurity.

Twas ever thus, but still not nice

But the tragedy is in the idea, bandied about in the media and amplified in social media infinitely, that there are “Robin Hood” actors in this game (not the company but the dude in the forest in the movie).

In the end there may be a few that knew all along that “dump” was an integral and necessary part of pump & dump and I am sure there will be plenty of celebration of their “genius” exploits.

But the focus from any of us in the media should be at the tragedy of those that got lost in the hype and stupidity and chose to offer themselves up to the gods of GameStop, the market and Reddit’s r/wallstreetbets as cannon fodder:

”I was in my early teens during the ’08 crisis. I vividly remember the enormous repercussions that the reckless actions by those on Wall Street had in my personal life, and the lives of those close to me. I was fortunate – my parents were prudent and a little paranoid, and they had some food storage saved up. When that crisis hit our family, we were able to keep our little house, but we lived off of pancake mix, and powdered milk, and beans and rice for a year. Ever since then, my parents have kept a food storage, and they keep it updated and fresh.”

”I bought shares a few days ago. I dumped my savings into GME, paid my rent for this month with my credit card, and dumped my rent money into more GME (which for the people here at WSB, I would not recommend). And I’m holding. This is personal for me, and millions of others.”

”You can drop the price of GME after hours $120, I’m not going anywhere. You can pay for thousands of reddit bots, I’m holding. You can get every mainstream media outlet to demonize us, I don’t care. I’m making this as painful as I can for you”.

ssauron on Reddit

Emphasis mine


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New on Netflix: ‘The Dig’ and ‘Below Zero’ Drop on Friday

Promising content continues to go live each week in 2021

Netflix announced earlier this year, they will be rolling out some major content each week and will premier a brand new movie every week of 2021. With the upcoming price hike for another $1 for the standard account and $2 for the premium subscription,  it seems like the streaming platform is giving viewers a bang for their buck..

Read More: Netflix excites with 71 Movies to be released during 2021

New movie releases will have all the various genres covered! (action, sequels, dramas, musicals and more).  Below are the movie releases for January, 29, 2021.

The Dig / January 29

https://video.twimg.com/amplify_video/1334286373054939138/vid/1280x720/8lWqK7SWbYQrtonX.mp4?tag=13

This British, period piece, based on real life events, casts Ralph Fiennes, Carey Mulligan and Lily James. The movies tells the story: on the eve of World World II, a British widow hires a self-taught archaeologist  and embarks on the historically important excavation of Sutton Hoo in 1938. Digging up a mysterious formation on her land, leads to a staggering find.  

Below Zero / January 29

A Spanish gritty action thriller movie (Bajocero) that has English voice-over features  is set when a prisoner transfer van is attacked. The cop, Martin, who is in charge must fight those inside and outside while dealing with a silent foe: surviving the icy temperatures.


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As Trump Flees to Florida, Memes Follow

First a middle-finger toward tradition by skipping the Inauguration, then reactions to the entire debacle begin

So much to unpack – like an abused child we all stand in seeming disbelief as the maniac-in-chief finally recedes from view. Thanks to twitter for giving us a well deserved foretaste of a Trump-less future by deleting his account a week-plus ago.

In typical fashion Trump took a government jet to Mar-a-lago while making sure that Biden did not receive the customary loan of any government jet and had to fly private. Many will take solace in the uncertain and unlikely to be pleasant future for the accused insurrectionist, and still many more have celebrated, how else, with twitter memes specially designed for the occaision. Below we’ve gathered a few:

https://twitter.com/jmckelvey1979/status/1351885127287246849?s=20

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Opinion: Trump is finally Squashed: Now it gets worse (hopefully only for him)

Above: Photo Collage / Lynxotic / Adobe Stock

Still not time to exhale, but the end-game is coming

For nearly five years many good people, people who never thought there was a single reason in hell that Trump should be president, or even dog catcher for that matter, have been annoyed and eventually terrorized by the orange menace.

Somehow, no matter how disgusting his behavior was, no matter how big and ugly his lies were, not mater how obviously racist or imbecilic he was, he still hung around , seemingly enjoying the suffering of any who didn’t worship him.

Read More: Second Impeachment for Trump is Confirmed: Double Disgrace for all Time

In the end it took a murderous mob, inspired and unleashed by his infantile fascist agenda, to finally cross a line that would bring a big enough backlash to squash his putrid plans.

In a sign of how bizarre the world is, and how it’s not likely to become less so anytime soon, it was Twitter and and the rest of the online communications infrastructure, that he love so much to abuse, that shut him down. Then the congress, taking up the momentum of a Trump-tweet free atmosphere for the first time in 5 years, and give him a going away prize: a second impeachment that might eventually carry a conviction and lifetime ban from politics.

Now comes at the last gasp of his wacko “civil war” militia then it’s bye-bye Donny

Naturally the open questions regarding any finality are still many. Will he flee the country perhaps to a country without US extradition treaties? Will his stick around, mute and impotent looking for ways to continue stirring up trouble? Will his sicko-army continue to commit treasonous terrorist acts, up until the inauguration and beyond?

Read More: Mike Pence slammed in Hilarious Future Campaign Ad

In the longer term, how many of the many, many crimes that he committed will be investigate, charged and even go to trial? How will the future for his most ardent supporters and sycophants look? Will one of them really become the “new” Trump for 2024?

It is perhaps one of the strangest side-effects of having lived through this strange traumatic time ( I am speaking about politics, not pandemics) that the idea that Trump and his insane followers could just fade away quietly in nearly inconceivable. The idea that anything resembling “normal” could ever happen again is not a thought that seems even remotely plausible.

It’s like our minds are careening between the horror and fear of more death and destruction and a vague uneasiness of the unknown and unfamiliar feeling of… silence, with the orange ogre of idiocy no longer bombarding us with his self-serving bile.


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Trump Headlines Explode Faster than Anyone can Absorb

The sheer volume of actual news, and the various perspectives is daunting and exhausting

Since the most recent phase of the post election chaos, created by Trump and his absurd and unhinged rejection of the reality that he lost to President-elect Joe Biden, reached crisis status due to the terrorist mob attacking the U.S. Capitol, the development of the various threads of the story have exploded exponentially.

With various legal cases and developments in the search for accountability, for numerous individuals including Trump himself, and with his ongoing defiance of his own guilt and the fate that awaits him, it feels like there are bombshell headlines nearly every hour.

Read more: Headline News: The World Condemns Trump and Attempted Coup at the Capitol

In addition to all of those serious and important threads are the reactions of the famous and the infamous, some trying to deflect or obfuscate, even to make light of the carnage, and the outrageous nature of the crimes. Others are grappling to give voice to the outrage that the vast majority feel, on many different levels at what has happened, and what continues to happen. Most of all: what might happen next.

Read more: Observation: Forget the Alamo: Trump is still trying to incite an Insurrection

Below are various headlines from the last 24 hours, some of which encapsulate the horror and the confusion, as well as the attempts to find clarity in this massive, ongoing and developing story:

”GOP Rep. Peter Meijer says he is ‘considering’ Trump impeachment after Capitol riot”

-USA Today

“Jim Jordan repeatedly refuses to say Biden fairly won election”

-CNN

”New terror threat points to plot to surround Capitol, lawmaker says”

— CNN

”Trump Threatens Violence If He’s Impeached for Inciting Violence”

-New York Magazine

”Analysis: The bonkers Republican logic on why Trump shouldn’t be impeached”

-CNN

”Deutsche Bank won’t do any more business with Trump”

-CNN

“Pro-Trump Attorney Lin Wood Not of ‘Sufficient Character’ to Practice Law, Decides Judge”

-Newsweek

”Was the Capitol Attack a Last Gasp of MAGA Violence or the Beginning?”

-Vanity Fair

”Texas officials worry Trump’s trip could turn violent”

-Politico

”There Will Be No ‘Unity’ Until Republicans Give Up Voter-Suppression as a National Policy”

-Esquire

”Don Lemon: Trump ‘the biggest snowflake of them all”

— The Grio

”Trump Expresses No Contrition for Inciting the Capitol Mob.”

-The New York Times

”Democrats have a new tool to undo Trump’s ‘midnight rule-making.’ But there’s a catch.”

-NBC News

“Facebook Removes ‘Stop The Steal’ Content; Twitter Suspends QAnon Accounts”

-NPR

“Extremists move to secret online channels to plan for Inauguration Day in D.C.”

-NBC News

”How to stop an Insurrection Caucus: These reforms could reduce GOP extremism and save our democracy”

-Salon

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Apple Car Confirmed: talks with Potential MFG Partners including Hyundai underway

Above: Photo Collage Apple / Lynxotic

Following leaks and rumors, a more definitive statement from Hyundai

In December 2020, a Reuters story cited sources with knowledge of the project to confirm the existence of the long rumored “Project Titan” otherwise known as the “Apple Car”. Now, based on a statement from a Hyundai spokesperson, “AppleCar” is moving forward in the form of discussions with potential manufacturing partners.

Hyundai also confirmed to CNBC that discussions with Apple has begun, but added the caveat that they “understand that Apple is in discussion with a variety of global automakers, including Hyundai Motor. As the discussion is at its early stage, nothing has been decided.”

This hesitation could stem from the possibility that the initial statement may have been interpreted as hinting that an agreement could be imminent, sending Hyundai’s stock 23% higher. The surge in the price followed a  report by the Korea Economic Daily which had implied that Apple suggested the tie-up and Hyundai Motor was reviewing  terms.

Apple doing what Apple does

Even after the Reuters report in December, many were still skeptical, and today the time frames being discussed are very conservative mentioned a 7 year time horizon, even while the Reuters report mentioned at least the possibility, however remote, that 2024 could see an actual release onto the consumer market. 

It is historically established that Apple often enters established markets for specific products and, in may cases, makes a ultra high quality, uniquely “Apple” version. EVs are now firmly established as the future of individual sustainable transport, but with Tesla having set the quality and popularity bar as high as it has, Apple will have a challenge ahead of it to produce a likely self-driving fully realized electric vehicle to match the state of the art in 2024 and beyond. 

At CES 2020 Hyundai unveiled new technologies they already have in development, such as EVs, driverless and even flying cars.

The fact that Tesla founder Elon Musk is now the richest man in the world, after removing that title from Amazon founder Jeff Bezos, is not a factor in the “race” to build the best software and hardware for the future of EVs, but is an added dramatic fact that serves as a backdrop to the intrigue.

And hey, wow, imaging having a variety of non-polluting, sustainable energy vehicles to choose from by the worlds top manufacturers and with Apple and Tesla battling it out at the high end to provide the best and most desirable.


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Elon Musk rips off title ‘World’s Richest Man’ from Jeff Bezos: Net worth $180 billion

Above: Photo Collage / Lynxotic

Bezos knocked from #1 slot that he has held since 2017

According to Bloomberg, Elon Musk, CEO of Tesla and SpaceX just passed up Jeff Bezos as the world’s richest person. While this, in and of itself is a fact that many will likely fetishize, the real story here is why and how.

There could not, IMHO, be two people more diametrically opposed in terms of motivation, inspiration and method. Both obscenely rich now? Of course. In each case because of stock holdings in companies they founded? Right again.

After that it is all a study in contrasts and contradictions. For example, as recently as Christmas eve 20o8 Elon Musk was nearly bankrupt and was on the verge of losing both SpaceX and Tesla. Later as recently as 2019, Tesla was in a deep financial hole.

Was this a case of bad management? Apparently not. What it was related to was the prime difference between Bezos and Musk. Musk has always only had one mission. Was it having the world’s most dominant eCommerce company? (or any other kind). One that would destroy entire business categories and be called the “grim reaper” due to it’s destruction of markets and competitors?

No – Musk has always wanted to save the world from itself. Tesla’s stated official mission is:

Tesla’s mission is to accelerate the world’s transition to sustainable energy. … Teslabelieves the faster the world stops relying on fossil fuels and moves towards a zero-emission future, the better.

Tesla / Elon Musk

Perhaps the cynical would say this is just some kind of veil hiding a capitalist and monopolist hunger a la Bezos. But they’d be wrong. Musk has openly stated that he is willing to share various proprietary technical information with his competitors if it would help the world’s transition to sustainable energy succeed faster. Would Bezos give away Amazon’s secrets. Take a guess.

Read more: Is Jeff Bezos soon to be World’s First Trillionaire? No Chance in Hell. Here’s Why

Another interesting tidbit – Both SpaceX and Tesla have publicly disavowed all copyright claims to their photos, videos or other marketing assets. They also do zero paid advertising. This is brilliant and has made them money in the end, but more importantly it is additional proof that it is the success of the mission, a mission that ultimately benefits all humanity more than any singe individual, that is paramount in his thinking.

Though Musk may not realize it, he and Steve Jobs are kindred spirits

The only other highly successful tech visionary that had this kind of focus on the real success, which can by definition only ever be success for all, if Steve Jobs. With so much misinformation and focus on meaningless stats, like whose stock is worth the most paper dollars (printed at will by the Fed) at any given moment, it is often misunderstood that the mission and the sincerity and effectiveness of the mission that will always matter in the end.

Read more: How Apple Created the Tech Universe and it Finally Makes Sense

Probably the greatest gift Bezos ever has or ever will give to humanity was via his divorce. Any other “charitable” act he will ever commit will be, first and foremost, have the goal of improving his image and stroking his massive ego.

Therein lies the difference.

Early Thursday Tesla shares (TSLA) rose by 6%, and further lifting the CEO’s stock holdings and options by $10 billion, resulting in the net worth of approximately $191 billion.  

Musk edged past the Amazon founder who is currently has the net worth of around $187 billion. 

He later added, “Well, back to work …”

Musk, who pinned the following past tweet from 2018 explained his intentions and how he will use money from his success, “You should ask why I would want money. The reason is not what you think. Very little time for recreation. Don’t have vacation homes or yachts or anything like that.”

Bill Gates is trailing as the third world’s richest person at $132 billion. 


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Trump threatens to Veto $900 Billion Stimulus Pkg. unless payout raised to $2000

https://video.twimg.com/amplify_video/1341566152279879681/vid/1280x720/Vy_MHMChhozX7CCA.mp4?tag=13

Once more defying logic Trump insists the Democrats are right for wanting bigger checks

In yet another bizarre missive, this time via video, the long fought battle over the 2nd coronavirus relief package is suddenly sent into a chaotic last minute re-do. Trump called the $600 check amount and other aspects of the current bill a “disgrace, at once criticizing the paltry sum and also stating: 

“It’s called the Covid relief bill, but it has almost nothing to do with Covid, Congress found plenty of money for foreign countries, lobbyists and special interests while sending the bare minimum to the American people.”

Just how odd this announcement today is underscored by the fact that House Speaker Nancy Pelosi, who along with Democrats had, for months, pushed similarly sized checks, reacted positively to the announcement:

“Republicans repeatedly refused to say what amount the President wanted for direct checks. At last, the President has agreed to $2,000 — Democrats are ready to bring this to the Floor this week by unanimous consent. Let’s do it!” she said in a tweet. 

Some have speculated, on twitter and elsewhere, that this was a kind of revenge move by Trump against Senate Majority Leader Mitch McConnell for having the temerity to tell the truth and acknowledge that Joe Biden is the president-elect.  After tweets bashing McConnell, this is an escalation of the same tantrum by Trump. 

Although the bill was passed by a large bi-partisan majority, it’s massive size — weighing in at 5,593 pages — as well as the rush with which it was passed  engendered critics on the left and the right, even as it was passed within less time that many in congress could possible have read it.

Representative Alexandria Ocasio-Cortez, Democrat of New York, likened the rushed vote on so many unread measures to “hostage-taking,” while extreme right wing Senator Ted Cruz, said that it was “ABSURD.”

As has been the case many times in the past, Trump may suddenly sing a different tune at any moment, or the Republican side might defy Trump and refuse to amend the bill. 

Stay tuned for more breaking news, as it will no doubt be  coming down the pike any minute now…


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Facebook vs. Apple vs. Google vs. U.S. Gov: War of Giants is at Hand

Above: Photo ubisoft / Lynxotic

The battle is getting very public and will get louder and nastier

The full page newspaper ads taken out by Facebook, where they proclaim themselves the champion of small business and attack Apple directly are interesting and curious on many levels. 

It will take a series of articles to attempt to untangle the confusions and endless, often intentionally fostered, misconceptions that will most certainly arise in this battle of titans. 

At the heart of the matter is, however, the largest misconception humanly possible, the idea that these monstrously huge companies, and how they operate, are anything at all related to “normal”.

The fact that all of us have seen the role of the internet in general increase over the last 20+ years, and have therefore had to deal with, and in some cases, go through and cooperate with these behemoths, may be the status quo that has developed, particularly in the last decade, but it is without precedent on many levels. 

The size, power and influence is beyond comprehension and this clouds every issue

Before even beginning to contrast one giant against another one must first confront the very existence of entities of this magnitude. It’s fair to say that never in history has such a tiny group of companies, and by extension, individual humans, controlled so much of the economy and so much of that impacts the society and our experiences. 

This chart is not current. If it were the disparity would be far larger and even more astounding:

This information, for a human, is so out of whack that you would have to stare at this chart for days before it could even sink in. And, as it it only a chart of size, built on company market capitalization, the power and influence, which represents and ever larger disparity, is not represented. 

The dominance overall is so extreme as to be humanly incomprehensible. And by all measures the disparity between the big tech firms and “everybody else” grows literally by the second. 

If you are afraid of A.I., you’re too late, the world is already controlled by computers and software via these companies

Facebook is probably the best example to illustrate the problem of market power and dominance on a level that is so far beyond traditional methods of measurement that even government antitrust investigations are barely able to begin to access the potential violations.

“The questions below might seem odd, or even absurd. But what is really absurd is that they are, for the most part, never asked. “

— D.L.
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Also Available on Amazon.

The questions below might seem odd, or even absurd. But what is really absurd is that they are, for the most part, never asked. Since the iPhone and later Samsung / Android revolutionized information and photo sharing, it has been accepted as a simple reality that Facebook controls nearly all the “social networking” that is done with that data. Why?

What is Facebook? Most would say they are a “social media company” but that can mean anything you want it to mean. They claim they are in the business of “connecting people” yet they derive massive wealth and profit from advertising, and “monetizing” their network, the largest network of “social users”, by far. 

And if they are interested in connecting people, then what do those people own of the network that they themselves comprise? That would be nothing. 

What say do they have in how they are used to “monetize” the network that they literally “are”? None. 

What trust do they have to surrender to the company, which includes Facebook, Instagram, WhatsApp and more (all controlled 100% by a guy named Zuckerberg)? 100%

“What ‘say’ do they have in how they are used to “monetize” the network that they literally ‘are’? None.”

— D.L.

Who authorized Facebook (or Google) to amass vast databanks of private personal information from a huge chunk of the world’s population, and use that data to amass fortunes of unheard of size using secret proprietary algorithms that they have zero requirement to disclose? Well, technically, users, inadvertently and without understanding, did. Otherwise: No-one. 

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Well, technically all of this was “allowed” via Section 230 of the Communications Decency Act, passed in 1996, and states that an “interactive computer service” can’t be treated as the publisher or speaker of third-party content. This, effectively, protects websites and “platforms” such as Facebook, from lawsuits in the case that a “user” posts something illegal. There are exceptions, for example, for copyright violations, sex work-related material, and violations of federal criminal law.

This fact does not remove responsibility for building a system that gives massive financial benefit to Facebook, Google, etc and very little, in reality, by way of return or influence to the “user”.

It’s as if a man figured out a way to use mental-telepathy to rob banks and could never be caught or prosecuted due to the fact that no one had ever robbed a bank that way before. And then he claimed that he should be allowed to continue doing it forever, with impunity.

Click Here to See “The Age of Surveillance Capitalism
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What would Facebook and Zuckerberg have if the billions of “users” stopped using its network? Nothing. 

How little sense this makes just goes on and on. There could be 100s of pages of similar questions and answers and the end result would be a slightly better understanding of the absurdity of the very existence of such a “service” or company or whatever this is.

Why absurd? In a nutshell, Facebook controls private networks that exist “inside” a more public network called, for lack of a better term, “the internet”. And, because of what could be termed a mistake of history they represent a dominant, near monopoly, in the “space” which in this case is currently called “social networks”.

The dominance and the definition of monopoly can be argued endlessly (and likely will be in the coming antitrust cases) but, in the end, the numbers don’t lie. Only one person benefits, in direct payments of trillions of dollars, from a near monopoly in social networks. The billions of people, the very people who are the network, do not. 

A bleak analysis, perhaps, but is there any light at the end of this tunnel?

The current increase in antitrust cases, both in the US and Europe, is a canary-in the-coal-mine moment and the wars over all the arising issues has begun and will go on for years. 

Read more: The Markup is a nonprofit newsroom that investigates how powerful institutions are using technology to change our society and a great place to learn more about it

The fact that Facebook is heavily advertising that they are the “good guy” while Amazon and Google do the same, is both ridiculous and sad, since “good guys” don’t have to buy ads to draw attention to that fact. 

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Ten Argument for Deleting Your Social Media Accounts
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And the fact that these companies have already started, both in word and deed, to attack each other directly, is an indication of just how serious and all pervasive these mega-wars will be. This is just the beginning. 

Read more: How Apple Created the Tech Universe and it Finally Makes Sense

While none of the companies depicted on the chart above can be said to be without blame for the world of injustice and malfunction that is the internet, and by extension, our world, there is one company that stands apart from the others in so many ways and for so many reasons that they, amazingly, represent some hope within the madness. 

And, not coincidently, they are the one that is already being attacked, in print and software, as the wars begin: Apple. 

How Apple actually represents hope to clean up the tech universe that, arguably, they are most responsible for having created, is likely a hard sell with those that want to lump all these huge companies together. Because, after all, they are all huge. 

However, nothing could be further from the truth. More on this and other burning questions in our next episode, so stay tuned. 


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New Apple TV+ Series: Jared Leto in talks to play the ex-CEO of WeWork

Above: Photo Collage / Lynxotic

Series of Silicon Valley cautionary tale in development 

Jared Leto could be returning to a TV screen near you. It has been well over 20 years since the show “My So-Called Life” that the actor has starred in any small screen episodic.  This news come with reports that writer and producer Lee Eisenberg and studio exec Drew Crevello are developing a series for Apple TV+ based on the infamous workspace rental startup company ‘WeWork’.  

The series concept is inspired by the 6 part podcast called “WeCrashed: The Rise and Fall of WeWork”.  If Oscar winner Leto signs on to the TV show, he would be cast as the former boss of WeWork, Adam Neumann. 

Neumann, who served as CEO for the company from 2010 to 2019 and later resigned. According to reports at the time, his “eccentric behavior” was one of the main reasons he was pressured to step down.

Leto, who is known for choosing equally eccentric and challenging characters, including his work  in “Suicide Squad”, “American Psycho” and “Dallas Buyers  Club”, could likely more than fit the bill to play Neumann. 

Prior to WeWork’s collapse, it had an estimated value of $47 billion.  The series has been in development since February with Leto currently in negotiations, with additional information to come in the future. 


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Facebook, Google, Antitrust and the All Pervasive Underestimation of the Big Tech Threat

Above: Photo Collage / Lynxotic / Adobe Stock

The opinions expressed “pro” or “con” regarding big tech abuses of power are both overlooking far more serious issues that lie beneath

After years of public and insider opinion gradually shifting from a state of wonder, awe and hero worship of tech giants and their founders and CEOs, toward a more skeptical stance, and now, finally, government action begins; the fundamental issues that lie beneath are still barely mentioned, let alone widely understood.

In a filing at the U.S. District Court in Washington D.C., on December 9th, 2020, the Federal Trade Commission, together with 46 states, plus the District of Columbia and Guam, alleged that Facebook employed anticompetitive tactics, allowing it to bully and bury its rivals. In a strongly worded brief it recommends that the massive company be broken up, specifically by divesting itself of Instagram and WhatsApp.

While past antitrust cases were complex and difficult to understand fully, particularly for the general public, from the little known A & P case in the 30s and 40s to Standard Oil and Ma Bell / AT&T, in each case there were complex issues to address.

However, one simple thing tied them together that could be understood by virtually anyone: businesses that have a win-at-all-costs approach to business tactics and then achieve monopoly power almost always use that power to fulfill ambitions based on self-perpetuating greed at the expense of society as a whole.

Many, from all walks of life, particularly in the U.S., worship the ethos of “winner take all” and even if they are at the lowest levels of the economic ladder still cheer on the most ruthless and morally bankrupt “winners” as heroes, using a bizarre logic, that somehow they might one day see themselves in the winners circle.

This perspective is similar to societies where dictators, such as Ferdinand Marcos in the Philippines, or emperors are worshiped fervently by the very people that are most exploited and downtrodden under their regimes. Perhaps this is a hardwired genetic human trait, impossible to alter.

In the case of tech giants of the internet era, beginning with Microsoft and its antitrust case, a similar dynamic is no less present, and, no different from the steps that dictators take to encourage obedience and worship from their subjects. In this case it’s massive amounts of money and power used for required self-serving PR and the brutal economic repression of any dissenting voices.

Try to find a book on Amazon’s Jeff Bezos that is not a hero-worship nonsense-title purporting to offer you a way to become a “business genius” like him. You will find a few exceptions, of course, these purporting to offer “hard-hitting” investigative journalism and a sober look at the “real facts”.

These will be watered down, meekly subservient, weak and impotent tombs barely scratching the surface of any negative perspectives on the real problems Amazon and its founder have created, not only for millions of people around the world but for society as a whole.

Even among those that are the most incisive and have a real desire to “dig-deep” and reach the roots of the real problems, there is often still the a priori assumption that somehow, the 26 year evolution of business models that could “succeed” in internet and software based business are to be measured on a scale that presumes that the business models themselves are basically valid, simply because they were able to survive and create massive, nearly immeasurable, wealth for a tiny handful of individuals. .

Taking into account the pervasive pro-big-business bias, it is a miracle in a sense, that the public opinion has shifted so far, to the point where antitrust actions can be seen as valid, by enough of the public at large, that these giant monopolistic tech companies are called into question at all.

The miracle, if we call it that, is only a reflection of just how purely evil and out of control the situation has become, and how many people have been harmed, and in how many different ways this harm has occurred.

From teen suicides to thousands of bankrupt and struggling small businesses to privacy rights trampled in the dirt, the list of abuses and harm, if it were ever brought to light, could fill a thousand page treatise and would read like a recounting of the atrocities of war.

And then there’s the fact that the war is fought with computer code and over territory that has no physical address

Much as collateralized debt obligations and other arcane “synthetic” financial products nearly collapsed the entire world economy in 2008, partially due to the intentional complexity, which served only to hide the stupidity, complex computer algorithms are now at the heart of an ever larger and even more dangerous economic debacle that continues to unfold.

And much of the lack of any pushback against this is the simple ability to hide behind the complex computer methods and concepts that have allowed tech giants to build an even bigger and more dangerous kind of monopolistic behavior than even the so called “Robber Barons” of the Gilded Age.

Even those, in government or in the press, who are pushing back are doing so with, apparently, little understanding of the real dangers that are buried in the code and in the tricks used by very sophisticated, technologically educated people in control of these trillion dollar behemoths.

For example, Facebook is already claiming that the government should not be able to question the acquisitions of Instagram and WhatsApp because they already approved the mergers at the time they happened.

In his excellent article published on medium.com , Will Oremus points out:

But I looked up the FTC’s public statements following those reviews, and it states explicitly that the matter should not be considered permanently settled.

“This action is not to be construed as a determination that a violation may not have occurred,” the FTC’s closing letter said. It added, “The Commission reserves the right to take such further action as the public interest may require.” Facebook did not immediately respond to a request for comment.

Also in that article, titled; ‘Competition Is for Losers’: How Peter Thiel Helped Facebook Embrace Monopoly the idea succinctly embodied in the title which refers to a Wall Street Journal piece on Thiel’s book “Zero to One” which he describes as having been “embraced as a business bible in Silicon Valley and beyond” and quotes from including this characterization:

(Thiel) made the case for monopoly as the ultimate goal of capitalism. Indeed, “monopoly is the condition of every successful business,” he asserted. With it, you’re free to set your own prices, think long-term, innovate, and pursue goals other than mere survival. Without it, you’re replaceable, and your profits will eventually converge on zero.

And this provides the context within which the current struggle unfolds. To understand the real dangers of the total domination of the internet, which has become the vital lifeline of our economy and social existence, by a handful of trillion dollar companies, that not only embrace limitless greed and dictatorial status within their industry, but see it as the divine right that they hold, and believe they are entitled to aspire toward without interference.

And in another context such behavior would be known as immoral, destructive to society and social justice, and if the laws are adequate to apply; criminal.

And there’s the rub. The antitrust statutes, possibly already inadequate to take on this new kind of robber, have also been weakened since the 80s. Add to that how the pre-existing biases are heavily slanted toward minimizing any accountability for such behavior and is follows that any real reform must rise from the public at large.

The birth of the internet was anything but immaculate

The tragi-comic farce of the story, when seen through the lens of internet history, is how Facebook, Google and Amazon all followed the same absurd arc.

From “underdogs” with massive losses and no income to ridiculously “valuable” “FANG” members championed from the rooftops as heroic winners of darwinian battles to build out the internet for profit. And, finally, after decades of unfettered expansion, being seen more and more for what they are: profit-seeking scams using each a different method to restrain competition and destroy the most valuable asset humanity has ever built: the internet itself.

The complexity of the scams is still the most useful cloak for them to hide behind, each with a different insanely complicated way to force what is a public asset, the internet, into a tool for private greed, at the expense of any real innovation. And the victims are not the competitor firms that they might have destroyed (or bought), but rather the entire population of any territory that they control, with North America being the center of the empire.

The question asked for example of Google or Facebook should not be, “do they provide any services from the public can benefit, in exchange for their obscenely privileged monopoly control over “search” and “social networking”, respectively. The question should be “are they the best possible solution, from the perspective of what is in the best interest of society, for those extremely important functions in our new digital world.

It is not enough to say that “consumers have chosen” each as their go-to tool. If any company or group of companies could do a better job of enabling humanity to communicate, interact and become educated via the internet, why should those other solutions be buried forever under a mountain of greed and self-interest?

This is the infinitely elusive point: No different than Bernie Madoff, the damage they have wrought, by destroying what could have been, will only be understood once they are either gone or forced to cease what they depend on for domination, which would lead to their ultimate demise over time, just as Peter Thiel himself stated:

Without (a monoply), you’re replaceable, and your profits will eventually converge on zero.

Or as Jeff Bezos explained, in what his become his predatory raison d’être: The competition is always one-click-away. This makes every other online seller, in his view, an enemy that must be destroyed at all costs, no matter how small, no matter how weak.

In this sick paranoid view of the world it is truly an all or nothing struggle for survival, with death of all competitors, literally and figuratively, the only acceptable outcome.

With this mindset at the heart of these companies, and with the government and most of the press taking a milk-toast submissive approach (in contrast) the struggle to rein in these monstrous, utterly corrupt empires, will take years if not decades.

However, 2020 will always be seen as the beginning of the end the the gruesome mistake of history that these companies represent.

Companies that achieved dominance and monopoly control of a system meant for public benefit, through the most destructive methods they were able to devise, and then redoubled efforts infinitely to expand using those same destructive and corrupt methods.

In the end there is only one power large enough to intervene, as already at their current size, and while, like a virus, they double in power and economic domination almost annually, and that is the power of the billions that use their platforms everyday. Change will arise when they have damaged themselves by damaging the very societies they prey on, and once damaged, those societies will have no choice but to shed them like the murderous parasites that they are.

That will not happen anytime soon. The general view of these companies, is still very mild and forgiving. And it’s important to note that each case is different and this article applies only to Facebook, Google and Amazon.

Just as most have either forgiven or forgotten the massive bailouts that criminal companies were gifted during the 2008 financial crisis, the perception that these massive tech companies are at worst mildly anti-competitive and at best harmless and just practicing good, successful capitalism, will not be changed overnight.

It can only come after much more pain at the hands of this corrupt system that currently controls the internet, and therefore, our digital lives.


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Facebook Antitrust Case Kicks-off with a Bang: 46 States on board, Google Next Up as California Joins in

Above: Photo Collage / Lynxotic / Adobe Stock

In a filing at the U.S. District Court in Washington D.C., on December 9th, 2020, the Federal Trade Commission, together with 46 states, plus the District of Columbia and Guam, alleged that Facebook employed anticompetitive tactics, allowing it to bully and bury its rivals. In a strongly worded brief it recommends that the massive company be broken up, specifically by divesting itself of Instagram and WhatsApp.

“For nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals and snuff out competition. By using its vast troves of data and money, Facebook has squashed or hindered what the company perceived to be potential threats.”

–New York attorney general, Letitia James, representing the state group, at a news conference

After the 18 month long investigation, charges are finally arriving, well after Facebook has already made extensive retaliatory changes to its products. The changes that were implemented, which interlinked the functionality of Facebook apps with Instagram and WhatsApp, are clearly meant to try and make it technically impossible, or at least difficult for them to function separately again.

This amounts to a way of using computer code to fabricate a “moat”, basically an excuse or impediment which they hope, apparently, would make it impossible to reverse the changes, in the event they are forced to sell off the previously separate companies.

The brazen and obvious action which appears designed to impede and block any remedies that the court could impose is reminiscent of the now infamous “move fast and break things” motto often attributed to Mark Zuckerberg, and the, just as famous, Silicon Valley truism “Ask forgiveness not permission”.

This kind of preemptive obstruction, while not necessarily illegal in any way, is nevertheless a perfect reflection of the attitude also associated with Facebook via Peter Thiel: “Competition is for Losers” phrase which stems from title of a WSJ article on Thiel’s book and which was adopted fondly by the billionaire.

It is important, from a layman’s perspective, to note that being big or being, effectively, a monopoly, is not enough, necessarily, to justify drastic government imposed remedies. The behavior, however, in other words, wether or not there was abuse of the power a monopoly affords, is crucial.

In the past several years Facebook has been found to be guilty of abuses, primarily in European cases, as have Google and Amazon. All the evidence, so pervasive as to be easily noted by even a casual observer, points to a pattern of behavior that could be seen, and possibly even proven to be, predatory and abusive of market power.

The response from Facebook has been anything but substantive, with the initial defense being a very weak statement that the government should not be allowed “do-overs”:

“Those acquisitions were cleared and if you can buy a company, and eight years, 10 years later, the government can clear them and unwind it — that’s going to be a really big chilling problem for American business, we are not going to be competitive around the world,”

Facebook COO Sheryl Sandberg, in a recent interview with Tamron Hall

The facts in no way back up this surprisingly flaccid response, since the mergers were, in fact never, “approved” just not blocked at the time, and in public statements, in writing, the FTC clearly and specifically stated:

“This action is not to be construed as a determination that a violation may not have occurred, The Commission reserves the right to take such further action as the public interest may require.”

As for the decades old “we are not going to be competitive around the world,” comment that is the oldest excuse for awarding big internet companies with special status to run amok going back to Al Gore’s “Internet Superhighway” exemptions from the early 90s.

To quote Kara Swisher in a recent New York Times opinion piece:

“Those charged with regulation have given companies like Google, Facebook and Amazon a very wide berth to grow into some of the most valuable entities in the history of the planet. Their founders are among the richest people ever.”

— Kara Swisher, in the New York Times

And, in case anyone is feeling sorry for poor Facebook, it’s also pertinent to point out that what they claim to need or be entitled to is exactly the kind of special treatment and license to break rules that others would have to abide by.

And that status and privilege is exactly what enabled Facebook (and Amazon and Google) to become so massive and so intensely inclined toward abuse of market power in the first place.

“Action as the public interest may require. “ Remember that phrase, you may be hearing it often, over the next few years, in relation to Facebook, Google and Amazon. And, in the end, it is the public verdict in the marketplace that will ultimately have the power to intercede with enough force to achieve change.


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Amazon declines to join Google, Facebook and Microsoft in French “Tech for Good Call”

As antitrust suits loom, a digital tax appears as additional government option

Related to French “digital tax” hopes, and which may have future repercussions for other tech related regulation attempts, Google, Microsoft, and Facebook have” signs on for the “Tech for Good Call”. Amazon has declined which Apple continues to negotiate, according to reports. 

A list was released by the French government with signatures of 75 executives of tech companies who have signed up to the initiative so far. Notably, the list included Google CEO Sundar Pichai, Facebook’s Mark Zuckerberg and Microsoft President Brad Smith. Amazon’s Jeff Bezos and Apple’s Tim Cook were absent, however. 

Read more: Apple is Coming: Facebook, Amazon and Google Surveillance facing US scrutiny and danger from New Software

For nearly three years President Emmanuel Macron of France has attempted to  convince  tech giants to begin collaborating with governments to seek remedies for a list of global challenges. Examples are; fighting hate speech online, preserving privacy or paying a so-called “digital-tax”, presumably to offset negative economic effects of the overwhelming dominance of big tech.

Reuters reports that Macron’s advisers said on Monday that the president had asked tech companies to sign up to a new initiative called “Tech for Good Call” underlining principles for the post-COVID world. This development comes as “anti-big-tech” sentiment is increasing, particularly during the massive profit spike the giants are enjoying due to a devastating world-wide pandemic.

A general publicity based initiative could be leverage for negotiations to rein in tech giants

Also, according to Reuters, the “Tech for Good Call” includes a non-binding pledge to “contribute fairly to the taxes in countries where (they) operate”; refrain & prevent  the dissemination of “child sexual abuse material, terrorist or extreme violence online contents”; and “support the ecological transition”, in addition to other things.

Read more: Cracks in The Wall: Apple, Google, Amazon and Facebook Silently Declare War

Though not legally binding, it is expected that the French will use this tentative agreement to in negotiations during upcoming global forums on regulating Big Tech.

In addition to antitrust suits underway in the US and Europe, the idea of a “digital tax” is being explored and attempted with France and Australia leading the way.

In an article in today’s Wall Street Journal, citing multiple sources, that federal and state regulators are preparing four or more antitrust cases against the two online giants, separate from the antitrust case that the DOJ and 11 states launched against Google in October

The building chorus for regulation against Google and Facebook stem from the extremely dominant position each holds online, with Google having near total control of search traffic and advertising, while Facebooks monopoly in social media concerns its use of that position to monetize private data through advertising.

Also, according to Reuters, the “Tech for Good Call” includes a non-binding pledge to “contribute fairly to the taxes in countries where (they) operate”; refrain & prevent  the dissemination of “child sexual abuse material, terrorist or extreme violence online contents”; and “support the ecological transition”, in addition to other things.

Read more: Cracks in The Wall: Apple, Google, Amazon and Facebook Silently Declare War

Though not legally binding, it is expected that the French will use this tentative agreement to in negotiations during upcoming global forums on regulating Big Tech.

In addition to antitrust suits underway in the US and Europe, the idea of a “digital tax” is being explored and attempted with France and Australia leading the way.

In an article in today’s Wall Street Journal, citing multiple sources, that federal and state regulators are preparing four or more antitrust cases against the two online giants, separate from the antitrust case that the DOJ and 11 states launched against Google in October

The building chorus for regulation against Google and Facebook stem from the extremely dominant position each holds online, with Google having near total control of search traffic and advertising, while Facebooks monopoly in social media concerns its use of that position to monetize private data through advertising.

“The supportive chorus of elected officials is giving assurance to [the U.S. Department of Justice (DOJ)] and the [Federal Trade Commission (FTC)] that they have the political support they need to blunt [the companies’] efforts … to pressure the agencies to back off or water down their cases,” former FTC Chairman William Kovacic told WSJ.


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Memes explode after Biden wins and a Loser is unable to Accept Defeat

Above: Photo Collage / Lynxotic

Trump’s continued efforts to overturn election results: …laughable (literally)

Most of us know, that Joe Biden and Kamala Harris won the 2020 election. With the records showing the President-elect reached 80 million popular votes, with still more counting to be done.  Yet, even though the electoral college votes, which determines the White House winner have been clearly laid out on Nov. 7 with the resounding 306-223. 

Read More: Madmen Tweeting: Over the Edge Trump retweets Randy Quaid in festival of retired ‘Actors’

Trump has done almost everything in his power to deny the facts. The “red mirage” has yet to fade for 45. He’s been seen tweeting from the rooftops that the election was rigged and riddled with fraud, he’s flat out tried to deny it, he has refused to concede or peacefully transfer power, Trump even begged battleground states for a recount of votes. None of the above was the truth; the simple fact is, he just lost.

Yet, the American people have had to bear witness to just how badly of a sore loser Trump has been.  Georgia, Pennsylvania, Michigan and Wisconsin, all reconfirmed that Biden is the victor.  

On Nov. 23, head of the GSA Emily Murphy formally approved for the transition, pushing reality even that much further, that now, perhaps  the 2020 presidential elections can be finalized.   

As a result, “Joe Biden winning” memes have been spreading throughout the internet  wide and far, showing Biden winning multiple times while highlighting a range of feelings – hilarity, relief, to just plain absurdity of how this presidential election year has gone down.  

The inauguration isn’t until Jan 20, 2021 and if you are like the majority of us, that means there, unfortunately, is still two more months of having to deal with Trump’s antics. It’s far past time for Trump to end his delusional battle and come to some sort of acceptance of the obvious election reality.

Now for the Memes  

https://twitter.com/brian_bengela/status/1331272545128079362?s=20
https://twitter.com/smilemorefolks/status/1330889758210285574?s=20
https://twitter.com/tnj_falconpunch/status/1331104397087051780?s=20

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The Real Meaning of 5G, iPhone 12 Pro and the SpaceX Race to build Satellite Broadband

Above: Photo Collage / Lynxotic / Adobe Stock

The Confusion around 5G goes far beyond the political-nonsense conspiracy theories

Most articles on 5G since the Apple iPhone 12 launch event on October 13th have been looking in the rearview mirror to predict the future: 5G will “disappoint” due to the slow buildout, technical limitations of the format, and various issues with all the competing systems and carriers, and these arguments are casting doubt on the much touted potential. 

Read More: Apple iPhone 12 Pro Models are Coming Immediately and There’s More

This perspective misses the point on so many levels, it’s difficult to know where to begin to unpack the myriad of misunderstandings.

Much of the technical discussion has been focused on the various flavors of 5G and the associated limitations and advantages of each. The fact that the fastest 5G, which goes by the sub-category moniker millimeter wave, is not instantly available everywhere for the 5G capable iPhones, and that they will not be in the hands of most consumers before next year, has been met with feigned shock and bewilderment.

And further, many highlight the confusion mounting over the various providers and the various flavors: 5G, 5G E, 5G UW or 5G+ as they are designated by “service indicators” on the iPhone 12 itself.  Verizon Communications Inc., T-Mobile US Inc. and AT&T Inc. each have their own systems they have developed and are building out – looking for a piece of the 5G market, expected to be around $1.15 trillion by 2025.

First and foremost – since Apple and iPhone are the leader of all innovations in the marketplace – not necessarily by the sheer number of handsets sold, but by the focus on increasing technical and aesthetic quality, and appealing to the top demographic, not to mention the majority of early adopters, it is precisely the fact that, until now, the iPhone 5G handset did not yet exist, that the buildout is not further along. 

The fact that, in real-world tests, it is already performing at up to 7 times the fastest previously available connections, was coupled inevitably with the caveat; physical locations where these speeds can be accomplished are currently hard to find. 

Due to the technical issues with this ultra-high speed version of 5G; the inability to travel more than very short distances and the lack of ability to penetrate obstacles or walls, the possibility to get these amazing speeds are, at present, more likely to be found at outdoor locations. 

This is, admittedly, an odd conundrum, but you can be sure, with the upcoming massive increase in competition for ISP customers, it is one that will find at least some viable solutions very soon. There are many billions at stake for those that can find ways to improve this issue. 

“Standing in front of a camera store in South of Market, I got 5G speeds reaching 2,160 megabits a second, which was 2,900 percent faster than 4G. Even where it was a tad slower — behind the Safeway parking lot in the Marina district — the 5G iPhone drew speeds of 668 megabits a second, which was 1,052 percent faster than 4G.”

 – Brian X. Chen for the New York Times

The carriers have not had the market to build for, and needed to be pushed by a huge influx of iPhone 12 owners. Then, meaning now, they will begin to compete with one another for that extremely lucrative group of users. That rising competitive battle is not the only one looming on the horizon. 

Regardless of the ultimate time frame of the build-out, there is an obvious and very meaningful conclusion that we can reach here: 1 year from now things will look very different in the options available for those who want to work and play with the help of a faster internet connection (meaning, obviously, everybody).

RankCountryDownload Speed (Mbps)Upload Speed (Mbps)# Download Tests# Upload TestsNo. IPs
1Liechtenstein199.2839.78969810
2Hong Kong112.3291.4047825589933
3Denmark107.7866.022149522217912
4Switzerland93.6041.4465614743501907
5Netherlands93.4827.5889478939709044
6Sweden91.3686.0420812238752071
7Iceland80.1924.3031443555
8Finland79.4018.39948710395526
9Andorra76.6756.2015917633
10Bermuda74.2119.2758963146
11San Marino61.899.76433
12Norway58.9549.7313841142982083
13United States54.9910.4519723352126398364898
source: fastmetrics

As can be seen from the chart above in early 2020 the US ranked 13th in desktop download speed while mobile speeds ranked even worse coming in at #33 (various sources have US at #10 for fixed broadband). Liechtenstein is nearly 4x faster, on average, than the US. Also note that the highest average is one-tenth to one-twentieth of the eventual “ideal conditions” speeds of 5G.

Failure of the US Broadband infrastructure and the coming shake-up in the ISP system grid-lock

The problem is not a technological one. The US lags behind due to the pseudo-geographical monopolies held by various ISPs and the ability they have enjoyed to be able to gouge customers with high priced, bad service. Lack of competition often results in slow progress, or no progress. 

That is all about to change. You don’t need to have a technician to analyze the various 5G systems, or compare carriers chances of “winning” to realize that the very fact that speeds and options are increasing exponentially is going to re-write the map when it comes to who controls the cash-cow subscription gravy train. That system is about to collapse.

In steps Elon, and his little copy-cat-side-kick Jeffy Bezos, and the landscape is about to become unrecognizable

First, 5G speeds rival or exceed the former fixed / desktop speeds which had commanded a premium for the geographically entrenched providers. 5G home systems will be available in many areas that will be competitive in speed, price and convenience.

Read More: Elon Musk broadband milestone as SpaceX Starlink Public beta begins, nearly 800 Satellites Orbiting

SpaceX’s Starlink, with nearly 1,000 satellites already in orbit out of an eventual 12,000, with launches continuing almost weekly with 60 in each launch, is a serious project. This ambitious plan will eventually encircle the Earth completely with interconnected satellites that will link through intermediary “ground stations” with up to 1 million planned for USA alone. Each ground station is just under 19 inches (.48 m) across.

“It looks like a UFO on a stick,” according to SpaceX CEO Elon Musk “It’s very important that you don’t need a specialist to install. The goal is for … just two instructions and they can be done in either order: Point at sky, plug in.”

Satellite Broadband, such as SpaceX’s Starlink will not only add ubiquitous 100mbps and higher, low latency coverage, it will also cover the same areas with high population density, major cities, where both current systems and 5G are also focusing. 

Exact pricing is as yet unknown, but it is very likely that there will be a high-pitched battle over customers, once the various systems go into the next phase of the rollout. And all of this is not factoring in additional players in 5G and satellite systems.

Longer term (2 years +) there will be major world-wide implications of this shift, toward more and faster options in internet connectivity

The first shift, primarily driven by the geographical independence of satellite broadband, such as Starlink, will be a decentralization of populations at massive scale. While we are looking at a world where, due to the current pandemic countermeasures, WFH a.k.a. work from home is becoming more than a temporary factor. As many as 20 major companies such as Google and Microsoft have announced extended or permanent work-from-home policies as of October 2020. 

There are plenty of very serious discussions about what will be done with all the skyscrapers and office buildings once there are no workers to fill the offices. This is not idle chit-chat. A migration has already begun away from the insanely overpriced rents and home prices to take advantage of the work-from-home-anywhere approach.

Extrapolate, based on increased speed and availability of connectivity to millions of locations not currently viable, will soon have internet at minimum speeds rivaling the current world champion Liechtenstein (see above), and you see the beginnings of an exodus of epic proportions. Just in time for economic upheaval, due to the aftermath of the still ongoing global pandemic, and yes, the issues of accelerated global warming, which will, coincidentally, affect costal “elite” cities like Miami, San Francisco, New York and others around the world to a disproportionally large degree. 

“The reality is that a technological utopian vision, one where the world is able to shift to sustainable energy and regenerative farming, and create economies based on prosperous and equal distribution of the wealth generated by those systems (along with AI plus robot technology (powered by sustainable clean energy), can only be realized by an acceleration of learning and positive social change.

-DL

These changes, to be clear, are not all “bad” nor are they all the cause of negative side-effects such as the current covid-19 outbreak. 

Read More: “Kiss The Ground” Documentary Offers Hopeful Remedy To Climate Change Focusing On Soil Regeneration

The reality is that a technological utopian vision, one where the world is able to shift to sustainable energy and regenerative farming, and create economies based on prosperous and equal distribution of the wealth generated by those systems, (along with AI, robot technology powered by sustainable clean energy), can only be realized by an acceleration of learning and positive social change

Change is urgently needed to build out the human networked-communication-system that will enable the learning and cooperation which is the only hope for the survival of our species. 5G, the iPhone 12 and SpaceX’s Starlink Satellite Broadband are going to be huge factors, in making the first baby-steps toward that change, possible. 


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The Justice Department finally issues antitrust suit against Google for “unlawfully maintaining monopolies”

Internet giants finally receiving long overdue legal scrutiny

After months of investigation and inquiry, the United States’ Justice Department has formally accused Google of illegally sustaining a monopoly over search and search advertising in America. The Department filed the lawsuit on October 20th in the U.S. District Court, beginning what could be a turning point in the Internet economy.

Read More: Amazon, Facebook, and Google will be accountable if Anti-trust law revisions hold

Republicans and Democrats alike have been watching big tech companies for a while now, scrutinizing the big four—Google, Apple, Facebook, and Amazon – as they’ve grown into corporate behemoths and played cat-and-mouse with American antitrust laws. Only now is the federal government (along with over forty states and jurisdictions that have investigated Google) finally making a move to attempt to keep these juggernauts in check.

Antitrust laws essentially make sure that American businesses cannot develop into illegal monopolies. Monopolies are illegal if they are established or maintained through improper conduct, sfor example, exclusionary or predatory acts. 

Conventionally, the laws protect consumers from situations where a single company holds all of the supply. In the current digital age, though, most of these services are nominally free to consumers. Nevertheless, they can still become hegemonic at the expense of competition.

Because the site’s ascendency has left consumers with the impression that they are unaffected, superficially, Google personnel have long been able to refute the fact that they hold a proper monopoly. However, given that eighty percent of Internet searches go through Google, many politicians (and users) suspect something legally dubious at hand.

As is also the case with Amazon and Facebook there are, like an iceberg of crimes hiding beneath the waterline, these giant firms are engaged in many practices are highly anticompetitive. The behaviors, however rampant,  have either gone unnoticed or, in a purported attempt to bolster internet commerce in a general way, have been intentionally overlooked by governing bodies for decades.

In order for the case to effectively convict Google on antitrust laws, the Justice Department must prove two things. First, that Google has dominance over search. Second, that it actively stifles competition in the search market through deals with other companies.

The fact that Google has dominance over search is quite hard to argue against nowadays. To sell the second part of the case, however, the DOJ will have to look into Google’s business behaviors and deals with other companies such as Apple.

Google essentially pays Apple up to $11 billion to be the default search engine on all iPhones, iPads, and Macs. This is just one example of Google buying its way to the top of the market and making sure that other search engines do not stand a chance.

Of course, Google denies doing anything illegal or sidestepping antitrust laws. The company argues that users actually retain choice when it comes to search engines, but people consistently go to Google for quality. As for the deals with companies like Apple, Google likens it to a cereal brand paying a grocery store for a better spot on the shelf. To Google, it’s simple business.

The courts, however, might not find it quite so simple, as many politicians are reframing antitrust laws in their perspective toward the case and the online marketplace.

This is not the end of the story but barely the beginning with many revelations yet to come

American antitrust laws, and how they are applied, are severely outdated. Most of them were written over a century ago when computers (let alone the Internet) were hardly a concept. Despite a few public outings where tech moguls have had to answer before Washington, the Federal government has not taken much action against these massive modern institutions. Exceptions include a 2001 antirust case against Microsoft for maintaining a monopoly over PC software and a former near-trial against Google when the Federal Trade Commission investigated the Alphabet Inc. for antitrust in the early 2010s.

Meanwhile, other countries have been far more active in holding big tech accountable. The European Union enforces much more timely antitrust policies, and has brought three cases against Google in recent years.

In America, however, Google has been riding off of the free market since its very conceptualization at Stanford University in 1998. The same could be said for Amazon, or Facebook and their respective, nearly mythic, ostensibly humble origins. While this nation’s laws and economy give companies the unique ability to grow, thrive, and expand into global phenomenon, they also have a duty to protect the people and even the playing field when those same companies abuse freedom or gain too much power.

This case will not be a short ride. It will likely take years, but such is the slow, magnificent, changing tide of justice and progress.


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Covid-19 Documentary Exposes still more inside details of Trump’s failure to contain the Pandemic

Made in secrecy during the past 6 months with interviews from administration insiders

Just when it seemed like 2020 could not get any stranger, President Donald Trump announced via Twitter on October 2nd that he and First Lady Melania Trump tested positive for COVID-19. In what some would see as a ‘karmic’ coincidence, within twenty-four hours of this breaking news, Neon media dropped a trailer for the new documentary “Totally Under Control,” which focuses on the President and his administration’s unsuccessful response to the coronavirus. 

Read More: Tweets Reacting to Trump-Covid are Evolving at Warp Speed

“Totally Under Control” is the second Trump-focused project from documentarian Alex Gibney. Earlier this year, the director released “Agents Of Chaos,” an HBO mini-series centered on Russian involvement in the 2016 election. Gibney is also responsible for the 2010 Oscar nominated doc, “Client 9: The Rise And Fall Of Eliot Spitzer” and the 2007 Oscar winner, “Taxi To The Dark Side.” Most of his films take on timely topics through an investigative lens. “Totally Under Control” will be no different. 

Unsurprisingly, Gibney latest movie condemns the Trump administration, as it chronicles how the President handled the coronavirus across the first half of 2020. Its synopsis states: 

“On January 20th, 2020 the US and South Korea both discovered their first cases of COVID-19. However, nine months later, the novel Coronavirus has claimed the lives of over 200,000 Americans and caused staggering economic damage, while in South Korea, there were no significant lockdowns and, in an urbanized population of 51 million, only 344 lives have been lost. Where did we go wrong?” 

Read More: Donald and Melania Trump tested positive for Covid-19

The film aims to answer this question and shed light on America’s complicated, corrupted, and fruitless reaction to the global pandemic. To do this, Gibney uses news footage from the past ten months— much of it showing Trump’s early, woefully dismissive thoughts on the coronavirus before it hit the United States.

He also interviews experts from doctors, to scientists, to government officials, all of whom agree that the current administration’s reaction to COVID was absolutely abhorrent from the start. 

The trailer plays out like that of a disaster movie, beginning with former Biomedical Advanced Research and Development Authority leader, Rick Bright explaining, “The scientists knew what to do for the pandemic response. The plan was in front of us, but leadership would not do it.” Bright goes on to recall how he tired bringing this vital information to the public, but was consequentially fired from his federal position. 

As the trailer unfolds, the music gets more and more intense. The interviewees retell the all-too-familiar 2020 story of how COVID got worse by the day and the United States government did nothing to combat it. Meanwhile, quasi-apocalyptic images of ubiquitous ambulances, omnipresent sirens, medial personnel in hazmat suits, restless political rallies, and so on flash across the screen.

All the while, Trump’s voice comes in and out with infamous phrases such as “It will disappear,” “It will be wonderful,” and most egregiously, “I don’t take responsibility at all.” 

Art imitates life as covid disbeliever enters hospital after contracting virus that affects ‘almost nobody’

Today, these statements are more ironic than ever before, as Trump himself has been checked into the Walter Reed Medical Center in Bethesda, Maryland for COVID. The diagnosis occurred just two days after the first presidential debate, where Trump continued to downplay the coronavirus in favor of reopening the country. 

“Totally Under Control” will be available On-Demand starting October 13th and will stream on Hulu starting October 20th. Although the film focuses on current (and ongoing) events, it is not the first piece of media to tackle the coronavirus, and it surely won’t be the last.

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