Today United States regulators from the "Justice" department gave China based Haier permission to buy General Electric's appliance unit. General Electric's efforts to escape the low margin appliance business have become public knowledge twice before. The first effort failed to find any credible buyers. Following that, last year "Justice" Department regulators refused permission for Swedish firm Electrolux's to unburden General Electric of this line of business by acquiring it for 3.3 billion United States dollars. They expressed concern about the poverty of suppliers for wall mounted ovens and cooktops for commerical use in the United States. Now Haier, which already markets appliances for sale in the United States, has received approval to acquire this business line from General Electric for 5.4 billion United States dollars. Continue reading
Government Accountability Office Declines To Offer Opinion On Worthless USG Finances
As has happened every year since 1997 during the height of the first1 Clinton presidency the United States Government Accountability Office has declined to offer an opinion on the United States Goverment's consolidated finances (archived). This is due to the impossibility of rendering an opinion with the financial statements from numerous department being so broken as to lack all meaning whatsoever. In other words the finances of the United States Government are in the same shape they have been since Bush I, Clinton I, Bush II, and Obama managed to lose the Cold War years after the Soviet Union collapsed.
At this point BitBet odds presume either Hillary Rodham Clinton or Donald Trump Clinton will usher in a second Clinton presidency. ↩
Anti Music Piracy Advocate Pirates Music Production Software
Kanye West, most famous for his strong stance against music piracy and marrying the hobbit, has outed himself as a software pirate in screen shots he posted to Twitter (archived). This does not materially affect the poverty of sanity in the US driven copyrast regime.
A Miner Problem
As announced in #bitcoin-assets, BitBet was attacked earlier today through a transaction withholding mechanism. The attack unfolded as follows : Continue reading
Qntra (S.QNTR) February 2016 Report
Google At Fault In Motor Vehicle Collision
A vehicle driven by Google software has been determined to be responsible for a motor vehicle collision in Mountain View, California (archived). Google's car was derping along at 2 miles per hour when it struck a bus travelling at 15 miles per hour. Google attempted to justify itself with the excuse that it thought the cumbersome bus would yield when Google's smaller vehicle was travelling the speed of a particularly slow pedestrian. Google's car sustained damage in the incident.
Foscam Internet Of Shit "Seekoority" Camera Phones Home, Peers With Other Cameras
Brian Krebs reports that "security cameras" and digital video recorders manufactured by Foscam and marked under Foscam's own brand and others have a peer to peer networking unfeature that phones home enabled by default (archived). In his post Krebs neglected to make the low hanging joke about SCAM already being a part of the firm's name.
2015 IRS Breach Estimate Revised Upwards To 720,000 Records
The estimated number of taxpayer's records taken in a breach the IRS waited until May 2015 to confirm has been revised from nearly 100,000 to roughly 720,000 in a new figure (archived). In August 2015 the figure was quietly revised upwards to 330,000 records. The substantial increase coming with each new revised figure for a single breach suggests the IRS has no idea how many records have been accessed, and they are further incapable of knowing until they have been scammed. Sorry for your loss.
Twitter Materially Supporting Clinton Campaign With Censorship
Failing social media startup and fledgling political contractor Twitter is now facing allegations that it is materially contributing to Hilary Clinton's campaign with its censorship. Of particular note is that at this time the censored speech is critical of Clinton in ways consistent with the doctrine of the political party she affiliates with (archived).
New York City Nuclear Power Problem
Reports are emerging that 23 miles outside of New York City leaks of radioactive material from the Indian Point Energy Center are increasing (archived). This base load power station contributes 2 Gigawatts of electricity to its service area in New York City and Westchester county from two pressurized water reactors built by Westinghouse. The two operating reactors were completed in 1974 and 1976 respectively and are a substantial reason for New York City's relatively affordable electricity prices. The increasing rate of leaked radioactive materials suggests that Indian Point may be entering a state of disrepair which would deny the New York City area the benefits of a well-run nuclear power plant on their electric grid. The twin dilemmas of a sinking energy extraction industry and failing nuclear power infrastructure may fertilize the ground sufficiently for a politically driven electrical energy crisis prominently featuring terms like "smart grid" and "single national electricity distribution grid" in the vocabulary.