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posted by takyon on Sunday March 17 2019, @02:24PM   Printer-friendly
from the shot-down dept.

New Zealand Mobile Carriers Block 8chan, 4chan, and LiveLeak

Submitted via IRC for chromas

New Zealand Mobile Carriers Block 8chan, 4chan, and LiveLeak

Following the Friday mass shooting in Christchurch, New Zealand, multiple internet service providers (ISP) in the country have blocked access to websites that distribute gruesome content from the incident.

[...] At least three internet companies operating in New Zealand have made this decision voluntarily and enforce it on a temporary basis against sites that still publish the sensitive materials. Spark NZ, Vodafone NZ, and Vocus NZ agreed to work together to identify and block access at DNS level to such online locations. 8chan and 4chan are currently unavailable to New Zealanders trying to load them through a connection from the three telcos. At the moment, visitors trying to get to these forums through Spark NZ, Vodafone NZ and Vocus NZ see the message "The URL has been blocked for security reasons."

Some users reported that LiveLeak video-sharing platform was also blocked in the region, along with other websites, including file-sharing service Mega. The block is not permanent, though. As soon as the horrific content from the Christchurch incident originating from the terrorists is removed, access to the website is reestablished.

The Dark Night of Censorship falls on New Zealand

Everybody keeps waiting for the dystopia to arrive, well wait no more for it has made an appearance in New Zealand. Zero Hedge reports that New Zealand is dropping the hammer on all discussion about the recent shooting. The list is growing and will almost certainly be larger by the time this story goes live.

Current banned sites seem to be: Dissenter.com (the new service from Gab yet gab.com is still reported as available.... for now), "all" of the "chans" are banned, and Zerohedge itself is now banned.

Subscribers who ask their ISP are reporting being told sites will stay banned until they become "censorship compliant." Sites not banned: Facebook.com, which live streamed the attack, and Twitter.com, which hosted the original link to the shooter's "manifesto." Guess they are "censorship compliant."

Suppression of Christchurch shooting video

After Christchurch, Reddit bans communities infamous for sharing graphic videos of death

In the aftermath of the tragic mosque massacre that claimed 49 lives in Christchurch, New Zealand, tech companies scrambled to purge their platforms of promotional materials that the shooter left behind. As most of the internet is now unfortunately aware, the event was broadcast live on Facebook, making it one of the most horrific incidents of violence to spread through online communities in realtime.

As Twitter users cautioned others from sharing the extraordinarily graphic video, some Reddit users actively sought the video and knew exactly where to look. The infamous subreddit r/watchpeopledie was quarantined (making it unsearchable) in September 2018 but until today remained active for anyone to visit directly. The subreddit has a long history of sharing extremely graphic videos following tragic events and acts of violence, like the 2018 murder of two female tourists in Morocco.

[...] The subreddit remained active until some time late Friday morning Pacific Time, when Reddit banned the controversial community.

How 'hashing' could stop violent videos from spreading

Some experts say tech companies should more broadly adopt a technology they're already using to combat child pornography and copyright violations to more quickly stop the spread of these types of videos.

[...] Facebook (FB) says it took down the livestream "quickly," but hours later, re-uploads of it were still circulating on the site. Twitter suspended the original account in question and is working to remove other versions on the platform. YouTube said it is utilizing "technology and human resources" to remove content that violates their policies.

Technologists say digital hashing, which has existed for more than a decade, could be better used to prevent the re-upload of videos. Hashing wouldn't have been able to catch the original live video of the attacks, but it could stop re-uploaded copies from spreading.

Social media platforms were used like lethal weapons in New Zealand. That must change now.

Editorial judgment, often flawed, is not only possible. It's necessary.

The scale and speed of the digital world obviously complicates that immensely. But saying, in essence, "we can't help it" and "that's not our job" are not acceptable answers.

Friday's massacre should force the major platforms — which are really media companies, though they don't want to admit it — to get serious.

After New Zealand Attacks, Muslim-Americans Call For Action Against Rising Bigotry

"The New Zealand shooter was able to livestream a 17-minute video of his murderous rampage that continues to spread like wildfire online. This is flatly unacceptable. Tech companies must take all steps possible to prevent something like this from happening again," Khera said.

Previously: 49 Dead in Christchurch, New Zealand Terror Attack


Original Submission #1Original Submission #2Original Submission #3Original Submission #4

 
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  • (Score: 2, Insightful) by khallow on Sunday March 17 2019, @04:45PM (44 children)

    by khallow (3766) Subscriber Badge on Sunday March 17 2019, @04:45PM (#815934) Journal

    Corporation is the new government.

    Far from that. Corporations don't have trillions of dollars in captive revenue stream. But maybe you just think governments are the biggest, baddest corporations on the block?

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  • (Score: 1) by fustakrakich on Sunday March 17 2019, @05:02PM (43 children)

    by fustakrakich (6150) on Sunday March 17 2019, @05:02PM (#815946) Journal

    Corporations don't have trillions of dollars in captive revenue stream.

    Yes, they do. Their cash flow in the financial markets is like a rain forest canopy, and we get what trickles down. Yes, they hold trillions (much of it imaginary in the form of derivatives and other "notes"), "hidden" in government vaults and Wall Street, to keep it out of circulation. Finance is a cartel. "Corporations" (business) have always been the government. It can't be any other way.

    --
    La politica e i criminali sono la stessa cosa..
    • (Score: 1) by khallow on Sunday March 17 2019, @05:56PM (42 children)

      by khallow (3766) Subscriber Badge on Sunday March 17 2019, @05:56PM (#815974) Journal

      Their cash flow in the financial markets is like a rain forest canopy, and we get what trickles down.

      Again, you miss the point. Governments have a bigger revenue stream than that. And you get what trickles down from the governments of the world too.

      Finance is a cartel.

      And government is a monopoly. We can talk about this all day.

      • (Score: 1) by fustakrakich on Sunday March 17 2019, @06:08PM (7 children)

        by fustakrakich (6150) on Sunday March 17 2019, @06:08PM (#815986) Journal

        Governments have a bigger revenue stream than that.

        Wrong again. Government spending is just over one fifth the total.

        We can talk about this all day.

        :-) You can. Once is enough for me...

        --
        La politica e i criminali sono la stessa cosa..
        • (Score: 1) by khallow on Sunday March 17 2019, @06:30PM (6 children)

          by khallow (3766) Subscriber Badge on Sunday March 17 2019, @06:30PM (#815998) Journal

          Government spending is just over one fifth the total.

          Those markets don't make up another fifth.

          • (Score: 1) by fustakrakich on Sunday March 17 2019, @07:00PM (5 children)

            by fustakrakich (6150) on Sunday March 17 2019, @07:00PM (#816023) Journal

            Stock market capitalization is about 165% of the GDP. Maybe because it's not included in the GDP. Neat trick, huh? But it shouldn't be included since it produces nothing of value anyway.

            *sigh* I promised I would stop...

            Hey Rocky, watch me pull a rabbit out of my hat!

            --
            La politica e i criminali sono la stessa cosa..
            • (Score: 1) by khallow on Sunday March 17 2019, @07:33PM (4 children)

              by khallow (3766) Subscriber Badge on Sunday March 17 2019, @07:33PM (#816049) Journal

              Stock market capitalization is about 165% of the GDP.

              As I noted, that's not very much.

              Maybe because it's not included in the GDP.

              Because it's not GDP. Neat trick huh?

              But it shouldn't be included since it produces nothing of value anyway.

              And that's why.

              • (Score: 1) by fustakrakich on Sunday March 17 2019, @07:45PM (3 children)

                by fustakrakich (6150) on Sunday March 17 2019, @07:45PM (#816057) Journal

                And yet, most our currency is stashed up there in that canopy, instead of producing useful, much needed work.

                --
                La politica e i criminali sono la stessa cosa..
                • (Score: 0) by Anonymous Coward on Sunday March 17 2019, @09:05PM

                  by Anonymous Coward on Sunday March 17 2019, @09:05PM (#816087)

                  Currency doesn't produce work... What kind of crazed economic theory are you subscribing to?

                  "Release" all that currency and what you'll get is price/asset inflation, then a lagged wage inflation.

                • (Score: 1) by khallow on Sunday March 17 2019, @09:36PM (1 child)

                  by khallow (3766) Subscriber Badge on Sunday March 17 2019, @09:36PM (#816109) Journal

                  And yet, most our currency is stashed up there in that canopy

                  Sorry, you can't buy much directly with APPL shares. You need to sell them first for currency, then buy what you want.

                  And currency is scale invariant. If the face value of US was suddenly increased or decreased by a factor of 100, it wouldn't change the economy. Work that costs $100 now, would cost $10k or $1 later, and still be just as much work as it is now. Adding or removing zeros from all the bills doesn't change a thing.

                  • (Score: 0) by Anonymous Coward on Tuesday March 19 2019, @12:40AM

                    by Anonymous Coward on Tuesday March 19 2019, @12:40AM (#816735)

                    Best not to bring up things like facts and correct reasoning with khallow. It just makes him all the more crazy. In fact, best not to argue with him at all, it just makes him feel important.

      • (Score: 1) by fustakrakich on Sunday March 17 2019, @06:22PM (33 children)

        by fustakrakich (6150) on Sunday March 17 2019, @06:22PM (#815993) Journal

        Ok twice!

        And government is a monopoly.

        Entirely subject to the whims of the voters. They make the government what it is. It is their reflection/projection to the world. We don't have that kind of power over corporations, unless we vote such power into law. The corporation is the government only because we let it happen, as a matter of convenience, and a belief in superstitious bullshit.

        --
        La politica e i criminali sono la stessa cosa..
        • (Score: 1) by khallow on Sunday March 17 2019, @06:35PM (32 children)

          by khallow (3766) Subscriber Badge on Sunday March 17 2019, @06:35PM (#816001) Journal

          Entirely subject to the whims of the voters.

          I'm reminded here of your journal article [soylentnews.org] about James Clapper. Guy lies to Congress about NSA spying and serves another three year to the end of Obama's administration without punishment. What was the "whim of the voters" there?

          • (Score: 1) by fustakrakich on Sunday March 17 2019, @06:48PM (31 children)

            by fustakrakich (6150) on Sunday March 17 2019, @06:48PM (#816015) Journal

            They let it pass. They're letting it all pass now. Or what, did something happen?

            --
            La politica e i criminali sono la stessa cosa..
            • (Score: 2, Insightful) by khallow on Sunday March 17 2019, @07:39PM (30 children)

              by khallow (3766) Subscriber Badge on Sunday March 17 2019, @07:39PM (#816051) Journal

              They let it pass.

              So what? Democracy isn't a car which responds instantly to my actions. For the US at the federal level, it's a car with 200 million drivers (the number of registered voters). The more power this vehicle acquires, the more power that unelected bureaucrats have over our lives. Because a 200 millionth share of the steering wheel isn't control.

              • (Score: 1) by fustakrakich on Sunday March 17 2019, @07:43PM (26 children)

                by fustakrakich (6150) on Sunday March 17 2019, @07:43PM (#816055) Journal

                Take it on the campaign trail... Whatever, it's the system that people accept. There's nobody else to blame.

                --
                La politica e i criminali sono la stessa cosa..
                • (Score: 3, Insightful) by khallow on Sunday March 17 2019, @09:39PM (25 children)

                  by khallow (3766) Subscriber Badge on Sunday March 17 2019, @09:39PM (#816111) Journal
                  My point is that when government gets huge, blaming voters is most of what you can do. It's very hard to change anything. Meanwhile if a corporation does wrong, you can just not buy their stuff (or if they don't sell directly to the citizen consumer, don't buy from anyone who does business with them). That immediately hurts their bottom line in a way that can't be replicated with governments.
                  • (Score: 1) by fustakrakich on Sunday March 17 2019, @10:43PM (5 children)

                    by fustakrakich (6150) on Sunday March 17 2019, @10:43PM (#816134) Journal

                    Meanwhile if a corporation does wrong, you can just not buy their stuff

                    We don't have that kind of clout in the marketplace. With our vote the playing field is level. We can change the government into anything we want to.

                    It's very hard to change anything.

                    Anything but your mind, and that's all that's needed.

                    --
                    La politica e i criminali sono la stessa cosa..
                    • (Score: 1) by khallow on Sunday March 17 2019, @11:50PM (4 children)

                      by khallow (3766) Subscriber Badge on Sunday March 17 2019, @11:50PM (#816160) Journal

                      We don't have that kind of clout in the marketplace.

                      Unless, of course, you buy stuff in the marketplace, then you do.

                      • (Score: 1) by fustakrakich on Monday March 18 2019, @01:31AM (3 children)

                        by fustakrakich (6150) on Monday March 18 2019, @01:31AM (#816202) Journal

                        Really, man! It's easy! All ya gotta do is be rich... What's the big deal?

                        --
                        La politica e i criminali sono la stessa cosa..
                        • (Score: 1) by khallow on Monday March 18 2019, @03:56AM (2 children)

                          by khallow (3766) Subscriber Badge on Monday March 18 2019, @03:56AM (#816246) Journal

                          All ya gotta do is be rich...

                          Because only rich people buy stuff in markets?

                          • (Score: 0) by Anonymous Coward on Monday March 18 2019, @06:33AM (1 child)

                            by Anonymous Coward on Monday March 18 2019, @06:33AM (#816291)

                            Because only the rich people can afford to dispense themselves of bread, having cake as a fallback replacement, yes.

                            • (Score: 1) by khallow on Monday March 18 2019, @02:34PM

                              by khallow (3766) Subscriber Badge on Monday March 18 2019, @02:34PM (#816402) Journal

                              Because only the rich people can afford to dispense themselves of bread, having cake as a fallback replacement, yes.

                              Keep in mind that by that standard the great majority of the developed world is rich.

                  • (Score: 0) by Anonymous Coward on Monday March 18 2019, @06:21AM (2 children)

                    by Anonymous Coward on Monday March 18 2019, @06:21AM (#816286)

                    Meanwhile if a corporation does wrong, you can just not buy their stuff (or if they don't sell directly to the citizen consumer, don't buy from anyone who does business with them).

                    Who guarantees the non-existence of monopolies/oligopolies in the context of international conglomerates? That's your wild dream, khallow, ain't it? The world dominance of "economy" and none of them governments.

                    Like, suppose you have two retail chains in a small town in Niger... well, say, Texas; let's call them Democrats™ and Republicans™ to avoid any confusion with an existing brand. How is the poor IT admin buyer gonna be able chose what gallon of fresh milk to buy while still punishing any and both the retails for their behavior?

                    Git you head outta your ass, khallow.

                    • (Score: 1) by khallow on Monday March 18 2019, @02:51PM (1 child)

                      by khallow (3766) Subscriber Badge on Monday March 18 2019, @02:51PM (#816410) Journal

                      Who guarantees the non-existence of monopolies/oligopolies in the context of international conglomerates? That's your wild dream, khallow, ain't it?

                      Look for barrier to entry and competition. I'm not shy about having anti-monopoly laws either. And even in a oligopoly situation, you can choose to not buy from the worst offender.

                      True monopolies are rare and even in those cases, you can choose to buy less of what they're selling.

                      Like, suppose you have two retail chains in a small town in Niger... well, say, Texas; let's call them Democrats™ and Republicans™ to avoid any confusion with an existing brand. How is the poor IT admin buyer gonna be able chose what gallon of fresh milk to buy while still punishing any and both the retails for their behavior?

                      Vote third party.

                      • (Score: 0) by Anonymous Coward on Monday March 18 2019, @04:03PM

                        by Anonymous Coward on Monday March 18 2019, @04:03PM (#816459)

                        No third party for 100 miles around.

                  • (Score: 2) by c0lo on Monday March 18 2019, @06:29AM (15 children)

                    by c0lo (156) on Monday March 18 2019, @06:29AM (#816289) Journal

                    That immediately hurts their bottom line in a way that can't be replicated with governments.

                    Oh, wow! Vote with you wallet, yes, of course, what a good idea.
                    Except the "customer is king" comes together with "the king is dead", has been replaced by "consumers". For already a decade or so.
                    Also, you don't make any difference when you are part of a captive market or if you wallet is empty. In these cases, your "wallet-vote" doesn't matter, your decision simply doesn't exist for them.

                    --
                    https://www.youtube.com/watch?v=aoFiw2jMy-0
                    • (Score: 1) by khallow on Monday March 18 2019, @02:54PM (14 children)

                      by khallow (3766) Subscriber Badge on Monday March 18 2019, @02:54PM (#816413) Journal

                      Except the "customer is king" comes together with "the king is dead", has been replaced by "consumers". For already a decade or so.

                      I don't see that decade over here. Perhaps you should try living in my reality instead?

                      Also, you don't make any difference when you are part of a captive market or if you wallet is empty.

                      How much are your governments enforcing that captive market? It's common for people to complain about rent-seekers and such while ignoring who created those rent-seekers.

                      • (Score: 2) by c0lo on Monday March 18 2019, @03:57PM (13 children)

                        by c0lo (156) on Monday March 18 2019, @03:57PM (#816452) Journal

                        I don't see that decade over here. Perhaps you should try living in my reality instead?
                        ...
                        How much are your governments enforcing that captive market?

                        There you have it [soylentnews.org]

                        How is your govt responsible for enforcing that captive market in "airlines, cable, and internet services"?

                        --
                        https://www.youtube.com/watch?v=aoFiw2jMy-0
                        • (Score: 1) by khallow on Monday March 18 2019, @04:16PM (12 children)

                          by khallow (3766) Subscriber Badge on Monday March 18 2019, @04:16PM (#816467) Journal
                          I was around when Ma Bell was in charge. My parents got to rent their own phone. Within a year of the breakup (in 1984), we had a huge choice of nice phones to choose from. Things haven't become perfect, but they have been worse than they are at present.
                          • (Score: 3, Touché) by c0lo on Monday March 18 2019, @05:01PM (11 children)

                            by c0lo (156) on Monday March 18 2019, @05:01PM (#816499) Journal

                            Oh, that's so cute an argument.
                            Like "just remember how it was when you stubbed your toe, stop complaining about the ticks. If you really don't like them, you have the freedom to switch to leeches anyway"

                            --
                            https://www.youtube.com/watch?v=aoFiw2jMy-0
                            • (Score: 1) by khallow on Monday March 18 2019, @05:24PM (10 children)

                              by khallow (3766) Subscriber Badge on Monday March 18 2019, @05:24PM (#816518) Journal

                              Oh, that's so cute an argument.

                              I'm concerned with the correctness not cuteness of the argument.

                              Like "just remember how it was when you stubbed your toe, stop complaining about the ticks. If you really don't like them, you have the freedom to switch to leeches anyway"

                              It's not like that. It's like someone saying "X is getting worse". Then person 2 notes that X was worse in the not-so-distant past. Meaning even if X is truly getting worse today (and it probably isn't in this case BTW), then there was some point in the intervening time when X greatly improved.

                              In the example I gave, internet services received a strong kick in the pants from the breakup of AT&T. It expedited landline based internet and opened up cell phone service. That in turn helped the market for cable - which also came about because of the rigid oligopoly on broadcast television. All that had global repercussions.

                              In addition, the US and Europe over the 1980s privatized most of the airlines and opened things up to considerable competition, which we still enjoy today. Speaking of the "captive markets" of airlines, cable, and internet services, ignores that most of us have better choices in those areas than we had in the past.

                              Moving on, not a one of those requires us to use a particular provider except in rare cases. There is no monopoly in those areas, unless you should happen to live in an area with a monopoly airline provider. I can't rule that out.

                              • (Score: 2) by c0lo on Monday March 18 2019, @05:33PM (9 children)

                                by c0lo (156) on Monday March 18 2019, @05:33PM (#816525) Journal

                                You're failing again to get the point (or just ignoring it): when all the players in industry treat you as something to be sucked dry, it doesn't matter what parasite you choose, your "vote with your wallet" is not effective.

                                --
                                https://www.youtube.com/watch?v=aoFiw2jMy-0
                                • (Score: 1) by khallow on Monday March 18 2019, @05:41PM (8 children)

                                  by khallow (3766) Subscriber Badge on Monday March 18 2019, @05:41PM (#816533) Journal

                                  You're failing again to get the point (or just ignoring it): when all the players in industry treat you as something to be sucked dry, it doesn't matter what parasite you choose, your "vote with your wallet" is not effective.

                                  So what? Business has been that mercenary for millennia. It's nothing new.

                                  It's a known problem which we already know how to deal effectively with it. When they can't "suck me dry" because they're getting boycotted, they'll change their ways or go out of business.

                                  • (Score: 2) by c0lo on Wednesday March 20 2019, @01:28AM (7 children)

                                    by c0lo (156) on Wednesday March 20 2019, @01:28AM (#817190) Journal

                                    It's a known problem which we already know how to deal effectively with it. When they can't "suck me dry" because they're getting boycotted, they'll change their ways or go out of business.

                                    "I can't afford to die. I owe my soul to the company store." [wikipedia.org]

                                    You think it can't happen again? It only needs a bit of "diversification" from the current giant corporations, like branching from "public transport" into "catering" into "actually, you know, integrated food business", into "flying taxis and drones, like the "Amazon of transportation" [phys.org]... all with a predatory attitude [businessinsider.com] of driving out the competition by any means (even illegal [wikipedia.org], ask forgiveness, not permission [vox.com])

                                    --
                                    https://www.youtube.com/watch?v=aoFiw2jMy-0
                                    • (Score: 1) by khallow on Wednesday March 20 2019, @01:36PM (6 children)

                                      by khallow (3766) Subscriber Badge on Wednesday March 20 2019, @01:36PM (#817320) Journal

                                      "I can't afford to die. I owe my soul to the company store."

                                      Pay attention to how it happened in the first place -isolated environments with the whole society constructed by the business in the first place. And even back then, people had the option to just leave. What's ignored here is that even with the company store games (and the terrible health and safety environment of the mine), the coal mine was a great option as compared to what else was available back then for those miners.

                                      It only needs a bit of "diversification" from the current giant corporations, like branching from "public transport" into "catering" into "actually, you know, integrated food business", into "flying taxis and drones, like the "Amazon of transportation"... all with a predatory attitude of driving out the competition by any means (even illegal , ask forgiveness, not permission)

                                      And it only requires a little competition to never happen. Sorry, it's like hating on Muslims because some day they just might be homicidal or something.

                                      • (Score: 2) by c0lo on Wednesday March 20 2019, @11:03PM (5 children)

                                        by c0lo (156) on Wednesday March 20 2019, @11:03PM (#817601) Journal

                                        If shit can happen, it will.

                                        --
                                        https://www.youtube.com/watch?v=aoFiw2jMy-0
                                        • (Score: 1) by khallow on Thursday March 21 2019, @04:31AM (4 children)

                                          by khallow (3766) Subscriber Badge on Thursday March 21 2019, @04:31AM (#817727) Journal
                                          Unless it doesn't happen.
                                          • (Score: 2) by c0lo on Thursday March 21 2019, @04:39AM (3 children)

                                            by c0lo (156) on Thursday March 21 2019, @04:39AM (#817732) Journal

                                            Just a matter of time.
                                            Because that state it's a "stable equilibrium point" (even if a local one) - once the system evolves in this state, it requires non-zero energy to extract it from there.

                                            --
                                            https://www.youtube.com/watch?v=aoFiw2jMy-0
                                            • (Score: 1) by khallow on Thursday March 21 2019, @01:28PM (2 children)

                                              by khallow (3766) Subscriber Badge on Thursday March 21 2019, @01:28PM (#817904) Journal

                                              Because that state it's a "stable equilibrium point"

                                              That is an unfounded assertion. And in practice, it's just not hard to introduce competition, meaning this is not a stable equilibrium point. The "company store" phenomena happened because the company owned everything. That works when it's a coal mine which owns all the property in the first place and can keep out competitors. It has never worked anywhere else.

                                              • (Score: 2) by c0lo on Thursday March 21 2019, @02:44PM (1 child)

                                                by c0lo (156) on Thursday March 21 2019, @02:44PM (#817960) Journal

                                                If Uber is going to succeed (slim chances given they aren't profitable after 8-9 year, they burnt around $80B already), their practices will guarantee the entire world is an "isolated place around a mine" (predatory pricing, lying to regulators, drive the competition into the ground, etc)
                                                However, if Apple (or any other supra-national 800-pound gorilla of a corporation) would choose to "diversify aggressively Uber-style", with $245B cash at hand and a more focused "diversification", their chance of success is higher.

                                                (we are at a point where there are corporations with revenues larger than effing big countries - e.g. Apple reported $256B revenue 2018, compared with $205B GDP for NZ. The gross Apple profit for 2018 - $101.839B - is higher than the GDP of at least 120 countries [wikipedia.org]. There will be a time when corporations will "buy whole countries" - making "company stores" of them)

                                                --
                                                https://www.youtube.com/watch?v=aoFiw2jMy-0
                                                • (Score: 1) by khallow on Thursday March 21 2019, @05:45PM

                                                  by khallow (3766) Subscriber Badge on Thursday March 21 2019, @05:45PM (#818077) Journal

                                                  If Uber is going to succeed (slim chances given they aren't profitable after 8-9 year, they burnt around $80B already), their practices will guarantee the entire world is an "isolated place around a mine" (predatory pricing, lying to regulators, drive the competition into the ground, etc)

                                                  In addition to existing competitors like Lyft and taxi companies, they don't have the ability to block entry to the market. There's a huge difference between market dominance and a monopoly position. In the former, because other competitors exist and new ones could enter the market at any time, Uber is forced to price their product considerably lower than if they were the only game in town.

                                                  However, if Apple (or any other supra-national 800-pound gorilla of a corporation) would choose to "diversify aggressively Uber-style", with $245B cash at hand and a more focused "diversification", their chance of success is higher.

                                                  Assuming that cash is not an accounting fiction, we still have the problem that Apple doesn't magically know what they're doing. That cash can be squandered spectacularly instead - which incidentally is a common outcome of businesses diversifying in that way. And even if Apple buys out all the competition, more competition can then enter the market, devaluing Apple's market position.

                                                  While I speak of these in abstract terms, this routinely happens. In fact, the whole reason Uber grew so huge is because travelers rapidly shifted from existing cartel services to Uber. They can do that trick again, should Uber try to exploit them.

                                                  (we are at a point where there are corporations with revenues larger than effing big countries - e.g. Apple reported $256B revenue 2018, compared with $205B GDP for NZ. The gross Apple profit for 2018 - $101.839B - is higher than the GDP of at least 120 countries [wikipedia.org]. There will be a time when corporations will "buy whole countries" - making "company stores" of them)

                                                  Not much point to buying a country, if you can't keep it. The inhabitants can just install a new government, if they don't like the old one. And sorry, New Zealand is not a big country.

              • (Score: 2) by Bot on Monday March 18 2019, @01:50PM (2 children)

                by Bot (3902) on Monday March 18 2019, @01:50PM (#816392) Journal

                This is the rational behind the globalist dream of a single government ("to make all wars cease" sure, wasn't it the reason for WWI?)

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                Account abandoned.
                • (Score: 2) by Bot on Monday March 18 2019, @01:51PM

                  by Bot (3902) on Monday March 18 2019, @01:51PM (#816393) Journal

                  rationale even

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                • (Score: 1) by khallow on Monday March 18 2019, @03:23PM

                  by khallow (3766) Subscriber Badge on Monday March 18 2019, @03:23PM (#816429) Journal
                  It's a rationale. Still means that stuff hooked up to the 200 million driver vehicle is going to be vastly harder than stuff which is not. Hooking it up to a 7+ billion driver vehicle is pretty insane. I'd want as little as possible there.