Not familiar with legal issues - can someone explain why Adam Neumann is free but Holmes is in jail? Isn't both committing fraud from investor POV? And is SBF committing the same crime?
Adam Neumann had a failed business model. He explained his business model. Investors believed in the business model. They invested. But the business model, and his PR image dents caused them to lose money.
Holmes had a vision of a business model. She explained her business model and brought on a board of directors of leering old farts. Investors also believed in the vision and invested in her to achieve the vision. She tried to achieve her vision, but failed miserably. Instead of telling investors and regulators and business partners about the failure, she hid the failure, covered up by using industry standard practices for medical testing, passing them off as testing from her products. As a cherry on the top, she also used her comically in-accurate products to give actual test results to patients. As a cherry on top of the cherry, all the while this was happening, she had an affair with another investor, went on a PR blitz of fame whoring and the like.
When the chickens came to roost, she pitched up her voice, started wearing feminine colorful dresses, got pregnant for sad puppy new mom face points.
I'm not a Musk fan these days, but I have to admit that he did create things of value. Cheap transport to orbit, some pivotal electric cars. Sure, he promised more, but at least he delivered something of value.
The full self driving claim, that one could be fraudulent.
As for the vision to go to Mars? Might still be achievable, and I don't think he had customers pay for that yet.
In contrast, neither FTX nor Theranos created lasting value.
Under the new rules, anyone in China who finds a vulnerability must tell the government, which will decide what repairs to make. No information can be given to “overseas organizations or individuals” other than the product’s manufacturer.
Keep in mind that it's very difficult to compare prices like this, because you're buying a lot more than just the aircraft. There's spare parts, maintenance equipment, and simulators. The prices are also going to vary based on the procurement schedule: ordering 12 planes to arrive in the next 6 months is going to be more expensive than requesting one plane arrive each month for the next year. Countries also try to include some sort of technology sharing or shared production deals, where the company agrees to build some of the parts or components in the host country. This is often done to benefit the country's domestic arms industry (NB: this isn't necessarily nefarious, there are plenty of benefits to having a good domestic arms industry. It means your weapons and components are made locally, so they can't be intercepted in a time of war and your enemy can't use diplomacy to cut you off from your supplier. And other countries tend to have export restrictions, so that the top-of-the-line equipment their companies make won't be available to others.)
Buying weapons from your global security partners is part of a larger geopolitical picture/strategy. The cost is almost secondary. Look at who the US sells weapons to, what countries are banned by us weapons export ban laws. Look at who Russia sells weapons to. There is not a whole lot of overlap between the two countries.
Posting countries and dollar figures is part of the picture, but does not tell the whole story.
And when there is an overlap, people freak out. Just take Turkey as an example. They almost got kcked out of the F-35 program after buying Russion air defence systems. The US feared the Russians could learn too much about the F-35.
Brazil's purchase from Saab includes technology transfer.
The United States bid on this contract with the F/A-18E. I can't imagine the U.S. approving the sale of F-35 technology to Brazil at any reasonable price.
Someone else mentioned a few of the costs not taken into account, such as the Navy needing to spend money they didn't initially plan on spending so the heat of the F-35B doesn't damage the flight deck of the amphib ships. Those had been built to expect the heat of the A/V-8B which is significantly less than what comes out of the tailpipe of the F-35.
A $10 billion investment in anti aircraft missiles that forces a $100 billion investment in aircraft instead of schools and semiconductor fabs is great ROI for an adversarial nation state that knows their government would be wiped off the face of the planet if they ever decided to use them.
Not really the case for the USA. Its military is way larger than needed for defensive purposes. Heck it isnt even threatened by invasion by any of those countries.
"In 1985, Mr. Yin, then 21, was the first to isolate the hepatitis A virus, and in 2001, he founded Sinovac Biotech ... From 2002 to 2011, Mr. Yin paid $77,000 to a senior Chinese drug regulator, Yin Hongzhang, and his wife to approve his vaccines, according to a 2018 filing to the Securities and Exchange Commission, citing court documents."
The fear is real - A lot of pro-democracy Hong Kong activists in US are harassed and threatened by PRC government agents, many of them Chinese students studying in US.
> Because there’s no chance they are just people with an opinion, right?
Not when your Education system is literal State propaganda and they deny access to the Internet due to the specific fear of subversive acts, also known as: personal research.
It's one thing to hold an opinion and argue from that POV in honest discourse, its quite another to be operating and rewarded for your loyalty to the State and be monitored and possibly dissapeared if you deviate from this path. This is the same type of Human Conditioning seen during the Soviet Union, which I think can be universally understood to be a negative thing.
Many people in Hong Kong feel as though they've been forgotten by the International Community, the Umbrella Revolution/Yellow Movement was trying to oppose this since 2014, and it mainly went unnoticed other than some sound bites about violent protests, and not much else was understood beyond that.
When what should have been the real focus was the ever increasing Hegemony that was being built by the CCP that could essentially become so seemingly 'indispensable' to those addicted to its cheap labour/manufacturing that it could commit literal Crimes Against Humanity out in the open, lie and cover up International Pandemics that have cost untold Lives and Suffering several times (SARS as well as COVID), and still make People question if it's 'worth' decoupling from China.
That was my biggest fear all along, as I knew Hong Kong (the city) would eventually be returned to China. We stand at a critcal point as a Species on how we Live on Earth and I really want to maintain faith that Humanity can come to the most reasonable albeit difficult conclusion that this cannot continue, but its statements and sentiment like that that make me wonder just how detached people have become to this cancerous threat model. And if they can even muster the ability to be inconvenienced enough to actually see it for what it is instead of detaching into some perpetual self0induced distraction, often viewed from their Chinese made device.
If they are just people with an opinion, they can state that opinion, no problem. If they want to harass, threaten, and beat up those with a different opinion, well, you can't do that here. The next question is why they do such things. Because they're so enraged because someone criticizes China? Because they don't know the rules here, and don't bother to learn? Or because they actually are agents? The last seems the most likely. (You don't see, say, French students in the US brawling with French expats who criticizes France.)
It is funny to see comments like “this will only strengthen the hostility of Chinese people against US” - the fact is most if not all Chinese see US as their arch nemesis.
