The inevitable outcome of propietary software.
bennieandthez
joined 2 years ago
Has any executive uh ever been prosecuted for insider trading after stock buybacks?
Stock buybacks, where a company buys its own stock to inflate stock prices and reward shareholders, are reeaally common practices. Obviously, shareholders have to sell stocks to cash out.
lol elon fall from grace has been so satisfying to watch.
Really? I'll give you a clue, it's the same reason why people buy gucci clothes. Or rolex watch.
Me knowing apple is the #1 abuser of stock buybacks.
It only took them 10 years or so!
You live in a dictatorship of the bourgeoisie, i.e. a liberal democracy where the bourgeoisie (owners of the means of production) dictate the laws.
State owned companies work for the interests of the ruling class, in this case the bourgeoisie, so you can bet it is subsidized by the people and the ruling class (and their businesses) benefit off it. (Socializing losses and privatizing profits)
If it was owned by say Elon Musk, it wouldn't be any different for the regular working class people. Only the relations between the bourgeoisie may change.
Maybe because they are economically blockaded yk? 🤔
It's "fallout in space" but without the stuff that makes fallout good.
Telemetry built in the proprietary software, just like any other propietary software really.