Tag Archives: FAANG group

The drowning swimmer

We all have the moments when we make an error, an error that requires us to re adjust views. The problem is that some people tend to be overconfident when they make that critical error. Sometimes it comes with ‘Watch this’, all whilst the public watches the person dive to death. At times it is less visible, in Australia 249 people drowned during the 2017-2018 season. The Guardian gave us in the beginning of the year: ‘Drownings in Australia up 51% on last summer after five men die on New Year’s Day‘, all because these people overestimated their abilities regarding knowledge on how the ocean reacts and overestimated their fitness and there we see that nature has no regard for stupidity, it merely takes lives, unyielding and not caring.

Sports

The earlier stage is at present important, mainly because we are about to face it in different ways as well. The Japan Times (at https://www.japantimes.co.jp/opinion/2019/08/06/commentary/japan-commentary/2020-tokyo-olympic-games-cant-rescue-japan) gives us in an opinion piece: ‘2020 Tokyo Olympic Games can’t rescue Japan‘, the writer gives us a view where the impact against the 1964 Tokyo Olympics are set. The writer is correct, the entire commerce engine, the murder truck called Olympic exposure benefit is a much larger issue and Japan cannot rely on the Olympics to give them the economic needs that they have. We accept that there will be an influx for Japan. There will be people who will attend in person that year, because it was always on their bucket list. I would be in that group if I could afford it, but that is not a realistic option for the bulk of all of us, the quality of life has regressed to the lower end of the scale for too long and for many the trip is not an option. In addition with 5G we will be able to see more, enjoy more than ever before and even if that impression is not for all, it will be for the larger group who cannot afford to make the trip. So as the writer (Fumika Mizuno) gives us: “True transformation requires confrontation with the sticky problems holding back Japan’s society, like gender inequality, lack of diversity and rigid notions of ethnic identity. No sports event can grapple with such a task“, we see partial the correctness of it all, yet we also need to consider that this is happening in a stage where digital visibility will be in the midst of an overhaul, so the Tokyo Olympics is happening just when the digital providers are shouting and screaming towards the consumer acceptance of a changed digital footprint. It also intersects with the offered “With plans for AI-powered surveillance robots and real-time 8K broadcasts delivered over 5G networks, the games are set to be a celebration of Japanese prowess in sectors the country is desperate to dominate“, in a stage where AI is nowhere near ready to the degree it needs to be by 2022, two years early whilst the entire 8K matter will be unaffordable to well over 70%, so how will that help matters? So when we see: “Addressing the labor shortage and the aging crisis in a meaningful way requires profound cultural and political shifts. Blind optimism in the power of technology even reduces the urgency of social change“, we see a stage where labour shortage is optionally replaced by technological scripted events where the high tech enablers like news casts, streaming players and awareness seekers are jumping the digital shark to capture what is needed to enable the visibility of the people in the below 70% who are missing out and none of that will be captured by Japanese firms and/or Japanese enablers, it will be up to the FAANG group to maximise that capture taking the bulk away from Japanese economy players. So not only will they miss out on the sporting parts, the stage is then set to a larger community, one that never existed in 1968 giving Japan a much larger concern and that is where the expectation of Tokyo 2020 fall short for Japan to a much larger degree. Optionally the players like Samsung and Huawei (South Korea and China) who truly will enjoy the boost that Japan (NTT Docomo) was hoping for. That part is shown in several sources when we are introduced to: “Japanese mobile operators are preparing for commercial 5G launches between March and June 2020“, Japan is nowhere near ready and that is largely because Japan started almost a year to late in all this and they are nowhere near what Huawei can offer. In that stage there is every chance that players like NTT Docomo will face almost public humiliation when they have to explain congestion and latency on a network that needed proper testing an adjustment no later than November 2019 to make it ready for the larger consumer groups, in this stage Japan could lose revenue four times over, on the loss of preparedness, on the loss of deployment, on the loss of consumer traction and on the loss of network reliability and that is not merely the workforce, it is the loss of not having a 125% workforce readiness at the time that the initial presentations of the 2020 locations and press readiness is offered. There is no way that this will be ready at present and such we see a dampened visibility as well as larger digital losses, digital losses not because it is not there, but because it will be in the hands of non-Japanese corporations. In this there is one benefit, Japan gets to show the US what happens when you enter the field not being prepared for what comes, the US will surely panic at that point (to some degree), all this could have been prevented by driving innovation over iteration and it will be shown to a global community in full view and full exploitation by others.

For centuries we have seen the slogan: “Si vis pacem, para bellum“, If you want peace, prepare for war, a known rule ignored by the technology firms who relied on iteration for too long, now we see that this is impacting a larger group. The entire global economy is set to a war theater (and has been for some time), we see it almost everywhere and now we see that a nation regarded as a front-runner in applied innovation for the longest of time is not ready. All this directly related to ‘Fortuna Eruditis Favet, fortune favours the prepared mind and we are shown that Japan is far from ready, all whilst their own stage was set 3 years ago. They all waited for things to fall in their laps and this was shown a few months ago in the US (thanks to Forbes magazine) with “In recent weeks several major developments affecting the roll out of 5G systems in the United States highlight the promise and the difficulties for near-term deployment of this transformative technology“, as well as “A major issue in the next few years will be the capital costs of installing the needed 5G infrastructure and software upgrades in the U.S. Effective deployment will require hundreds of thousands of new cell sites, new or upgraded connective nodes and central switches, new software and redesigned mobile devices“, the operative part being ‘in the next few years‘ (at https://www.forbes.com/sites/thomasduesterberg/2019/04/30/problems-and-prospects-for-5g-deployment-in-the-united-states) and that is just one player, Japan is seemingly in a less positive place and that is also where Huawei and Google could make additional wins if they merely look outside the box and realise that they are not in a box, but in an terrarium. It makes for all the difference and their time to act is running short. For Japan the issue is larger and more dangerous. Japan has a population of 126 million, with only 10 million in Tokyo, so even if they adjust to get Tokyo covered, they will give 7% and set a stage where 78%-93% gets to miss out on the 5G fun, how would that sell to an economic event that should have been a boost? It is there where we see just how correct Fumika Mizuno is, Japan is facing a larger issue and it is about to cost them more than they realise.

It is at this point where we see the one part that is at present not very likely to happen: “Abe will bask in praise and the people of Japan will revel in politically correct bouts of national pride. But Japanese society will be no less rigid than it was before“, I believe that within the first week of the 2020 Olympics, there will be enough 5G issues for Shinzō Abe, Prime Minister of Japan to take a backseat and make the larger people of NTT Docomo and alike to take the stage and explain the failures to the people of Japan. It is my personal beliefs that at present people like Kazuhiro Yoshizawa (CEO NTT Docomo) are trying to safe or set the stage to make a quick exit by the end of this year to avoid the consequence of having to publicly face not being a prepared mind.

For the US Tokyo 2020 is more likely than not to be a rude awakening of public technological failure. LA (Olympics 2028) will have enough time to adjust to it all and it gives a much larger rise to technological spending for the US, and it is Beijing 2022 that gives the larger rise for the US and at present China is already prepared for that, they have Huawei in their corner, yet how it all plays out is depending on a few elements, so there is momentum in several direction, yet with the underlying lack, Tokyo has a much larger issue to face and at present there is enough indication that they will not be ready in time, they overestimated what they were able to achieve and how fast their stamina could adjust to what needed to be ready, just like all those swimmers that drowned in the Pacific river, which in the end was an ocean to endure, not a river to cross.

 

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This stupid Neanderthal

Yes, you read it right, as the worst possible grammar allows for we see the needed expression: ‘Me is havening to be the stupid man today‘ statement. It all started in the middle of the night when the Guardian brought us: ‘Saudi state part-owns Evening Standard and Independent, court told‘ (at https://www.theguardian.com/media/2019/jul/23/evening-standard-and-independent-unable-to-rebut-concerns-over-saudi-ownership). It gets to be worse (and the actual trigger) with: “Government lawyer tells court part-sale of news outlets has ‘national security implications’“, the naive Neanderthal in me is wondering what kind of drugs David Scannell is on and if I could get some of those (it never hurts to ask). The media (specifically the newspapers) are about the truth and about giving us actual information. The fact that the government has never ever been able to get a handle on whatever Rupert Murdoch does, in that same air the issues with Paul Dacre (specifically on a missing airplane), makes me wonder how the implied gossip that several newspapers spread are national security.

We could go with the premise that with a part owned Saudi Newspapers, the readers will actually get exposed to the acts or Iran, and the facts that many newspapers decided not to give visibility on that (like the proxy war Iran is waging via Yemen). That is beside the point that David Scannell is claiming national security issues against a Russian citizen, is that not laughable too (a Paul Hogan comedy kind of humour)?

So when we get David Scannell stating: “What is of concern to Her Majesty’s government is that a foreign state could be acquiring a substantial stake in Lebedev Holdings [owner of the Evening Standard] and the Independent simultaneously“, whilst her majesties government is seemingly forgetting that the current owner is Russian (born 8 May 1980, In Moscow Russia). Perhaps David Scannell would prefer to consider journalistic integrity and hold the UK newspapers to a much higher standard? He (his bosses more precisely) could have done that a decade ago by removing 0% VAT rights from these glossy ‘news’ bringers, a solution that would fit the UK citizen and resident to the largest degree, but just like the facilitation to the FAANG group (and their less than 2% tax), big corporations are facilitated to the largest degree and a clever Saudi investor thought that this was a good return for their investment. Then there is the other part.

When we see: “The heavily lossmaking free London newspaper is edited by the former Conservative chancellor, George Osborne“, we could consider that this is about changing the hearts of readers, yet if the government legal team is so worried about ‘poor record on press freedom‘, has that legal team not considered that in the end, when the papers becomes even more loss making that the current owners back out and the government could take over at £0.01 per share? In addition, if there is enough evidence in the statement of: “Both the Independent and Evening Standard insist concerns about editorial independence are unfounded and they are not influenced by financial backers” then what is this actually about? It seems that there is a reduced to zero chance that there are actual national security implications, the fact that national security events were always embargoed and as such these two papers must adhere to this, foreign owned or not and in the end, in addition, the fact that we saw last May the quote “There is nothing new about concern over the impact the company, which controls 70% of the country’s newspaper circulation, might have on democratic debate” (source: the Guardian), that keeping more papers out of the fingers of Murdoch might be a Humanitarian good, is that not important too? In addition, there is a second consideration, if the digital worlds that these two newspapers have, setting a stage that this evolution is passed on to places like the Dallah al Baraka Group, Al Arabiya, Al Saudiya and Al Ekhbariya could set a long term prosperity to both Saudi Arabia as well as their European affiliation. This is a long term slow plan and when we consider that Neom City is still happening, having a city well over 20 times the size of New York, also implies that overall the media will grow as well; digital marketing as well as 5G information streams will evolve, and evolve faster. Part of my IP was designed to do just that, whilst promoting commerce on several levels. We see that the evolution cannot begin in Saudi Arabia, but over time evolving those and new stations will be in the interest of Saudi Arabia who is eager not to lose it all to the UAE (Dubai Media Incorporated) or Qatar (Al Jazeera) changing the game and the way they do business is an essential must in the long term and in the short term evolution is more and more pressing.

Homo sapiens

Evolution has stepped in and as the Homo sapiens we are now, life is not that simple, the interaction of the media is larger and more complex. Yet I still find the approach through David Scannell laughable. We want to muster muzzles and bits to state who is allowed to go where, yet the unbridled freedoms pushes through by places like Facebook, Apple, Amazon, Netflix and Google remain unhindered. Even in a stage where these groups pay less than 2% taxation in the end, the monster we know is still less acceptable than any optional new monster we do not know. The policymakers have been unable and unwilling to adjust laws ad legislation for almost two decades, the premise of iteration and Status Quo are found everywhere but were given on how the new owner (partial new owner) is setting the stage of national security. When we look at the fines we see in the direction of Facebook and Equifax are partial evidence that this ship has sailed years ago, the latest data breaches show that there is no stopping the flow of data and whilst we look towards North Korea who does not have the storage abilities, skills and bandwidth to do 10% of the issues that they are accused of, we see that the foundation of the current batch of National Security monitoring teams are seemingly in a stage that they have no clue where to look and what data to sift through (a common shortcoming).

So in all this we have larger issues and whilst we forgot about July 2015 ““source close to the family” (MH370 disaster)” with the additional “what is also important is that we saw an issue in 2014 the Press Complaints Commission (PCC) decided to investigate a case whilst using only 1 of 83 plaintiffs” (at https://lawlordtobe.com/2015/07/31/that-joke-called-the-first-amendment/), it would be my personal recommendation that the government (as well as David Scannell have bigger fish to fry. We could start a new Leveson investigation and force harsher settings, but all kinds of chief editors will burst into tears in the House of Lords and as we know that those gentlemen are really unwilling to slap crying girls around, so we get nowhere ever and the option to remove the 0% VAT from some of these newspapers is not regarded as an option, so we are at a stalemate with no solution. But the call via National Security seemingly remains.

In the complete evolved view we see that there is political power into the ability to reach an entire nation through the newspapers and the media, yet in that light when we accept Gay Alcorn (the Guardian) who gave us: “There is nothing new about attacks on News Corp’s influence on policy and politics in Australia. There is nothing new about claims that Rupert Murdoch’s newspapers are not just right wing, but distort and manufacture news“, does it actually matter whether news is manufactured by NewsCorp (Australia) or the Independent (partial Saudi)? Is pushing this path not a race towards discrimination lacking all diplomacy and subtlety?

I am merely asking, because even as i really do not care who the owners are becoming, and the fact that the previous owner is Russian, is it not just all water under the bridge. To be slightly more precise a bridge called Facebook transporting terabytes of data per minute?

In the end, the legal battle is seemingly set to “The legal challenge was only against the decision to refer the Saudi investment to the Competition Commission on merger grounds“, whether valid or not (that is a legislation issue), the fact that the entire article has only one mention of the word ‘merger‘ in that entire article. Informing the public on the exact nature of the issue on the merger, would that not have been an essential first? If that is the case, how does National Security actually fit would be my question, but we really don’t see a clear answer on that either, do we?

 

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A case of Molasses

We have seen the news, we see the new news and we are all wondering what the impact will be. I am of course talking about Mario Draghi and his ECB minions. MarketWatch is the most recent one with ‘All eyes on Mario Draghi as investors look for ECB to acknowledge risks to Eurozone economy‘ (at https://www.marketwatch.com/story/all-eyes-on-mario-draghi-as-investors-look-for-ecb-to-acknowledge-risks-to-eurozone-economy-2019-01-23). There are more sources and the total amount of sources is likely to increase over the next 10 hours. We have all heard it before, all the dangers and the gloominess, so when we see “it’s time for European Central Bank President Mario Draghi to acknowledge growing risks to the Eurozone economic outlook” people might ignore it all, which is not a good thing this time around. You see, at this point the ECB is at minus €3 trillion, France is at minus €2.2 trillion, Germany is at minus €2 trillion, Italy is at minus €2.3 trillion, Spain is at minus €1.2 trillion and the UK is at minus £2.1 trillion. All that debt, most governments have no further degrees of freedom to work with. And the media is not properly informing the people, for them it is all business as usual and it is not.

These are merely the larger players and I am hoping that the UK can get out of the EU before this collapses, because the moment it does the EU member states are in a world of hurt and will remain to be in that stage for close to 5 generations. That is the impact of debt and most players are all in denial as they need to gravy train to provide for them a little longer. When we consider surplus and deficit of GDP the message does not get any better. When considering the larger economies, the Netherlands, Sweden and Germany are in a surplus, the Netherlands merely at 0.42%, yet the rest are all in deficit as bad as -4.54% (Spain), France, Italy and the UK are at minus 2.44% or worse, the image is that bad and the UK has options to turn it around as it leaves the EU, it will still take a lot of work and optionally 2 generations, which is still better than 5 generations, but it will be a hard fight, anyone in denial of that element is merely utterly stupid.

Even in the surplus, the Netherlands and Sweden who are in a good place will need to be extra careful and tighten every belt possible, because one bad event will turn surplus to deficit quite quickly. In addition, the Netherlands is relying on the Rotterdam harbours to keep on working as good as they have been and thanks to Germany being at +0.76% they end up having options for now, but the difference between +0.76% and minus 0.56% is merely two strikes away and there German trade union Ver.di. is not too much useful for now, and it is not merely them, the mess is growing in Germany. It is as I personally see it the impact of long term Austerity. So as we see: “Workers are seeking a minimum hourly wage of €20“, which is close to 36% better than in Australia (in general), we are treated to the impact of the cost of living and even as a lot think that their bosses have it way too good (not entirely a wrong thought), what was positive could turn into a long term negative part too easily and the national and ECB debts will take a massive toll to the quality of life soon enough. Oh, and when the German situation worsens, which is likely to happen by Q3 2019, there will be the impact on the Netherlands too. Even the minimal impact of 0.3% would move the Dutch economy to a nil point; at that point they are one move away from recession and the monster that feeds it.

That has been the clear danger for the longest of time and the entire disaster called the bond buying scheme by Mario Draghi will impact Europeans for a very long time. You see, the bonds that do mature in 2020 will be a non-deniable impact and when the ECB and those connected to it fail to push forward those bonds and payment is due, the entire mess will really look like ‘a shit on the front door’. Good luck trying to get anything done at that point. This is the biggest part in my view of the UK getting out of the EU as fast as possible and France is no longer limited to Marine Le Pen going for Frexit, now we get the Gilets Jaunes’ manifesto where Frexit is the top demand, they are all catching on that the EU is the limiting factor in all this and so far we have seen and in most cases proven that only large corporations truly benefit from the EU in all this, the rest is merely window dressing and people in general and to a much larger degree have had enough.

The issues I warned about in 2015 are not merely coming true; the overbearing danger of the UK delaying Brexit could still bite to a much larger degree, so it was always clear that the break needed to be fast and even a no-deal Brexit was better than delay. This is seen in a few ways, when the others follow (France, Italy and optionally Germany) these larger players will unite in trade deals really fast making them the growing players soon thereafter, the rest will suddenly feel the pinch of all the smaller players filling their pockets and now realising that debt has to be paid for, at that point we will see an infrastructure collapse on a scale so large that it will cause nightmares to a large part of the populations in the 27 member states. Do you think that banks and wealthy people will sit still? No, they will run to EVERY profit shore possible, even if that means collapsing on their national grounds. If you think that this will not happen, think again, I merely listed the larger players, but they are all financially stretched and when the EU starts breaking down, we will all learn that the ECB is a paper tiger and the debt will get shoved into whatever nation is still part of it, collapsing the financial infrastructures tout suit.

As Germany is in a positive state, their departure is not to be expected, but that feeling changes when the UK is gone and that will trigger the French financial revolution (aka Frexit) soon thereafter. So when these two are gone, the entire mess of comparison to a barge, I made that comparison in May 2013 when I stated: “Consider a large (really large) barge, that barge was kept in place by 4 strong anchors, namely UK, France, Germany and Italy. Yes, we to do know that most are in shabby state, yet, overall these nations are large, stable and democratic (that matters). They keep the Barge EU afloat in a stable place on the whimsy stormy sea called economy. If the UK walks away, then we have a new situation. None of the other nations have the size and strength of the anchor required and the EU now becomes a less stable place where the barge shifts. This will have consequences, but at present, the actual damage cannot be easily foreseen“, now that same barge is at risk of losing two if not more anchors, how much stability will remain? I can tell you right now that the impact will be huge and as the economies will take hit after hit; the wrong people will get to enrich themselves through the hardship of others, that is the consequence of a Wall Street state of mind too.

so when we see the entire political machine delaying and moving like molasses towards the undoing of infrastructure through inaction, we need to consider the damage that they are inflicting on the people and when they need to explain themselves on the news, how much consideration will you give the politician stating: ‘We thought that we were acting on the best interest of the people‘ as your quality of life goes into the basement for the next decade?

And still the people are getting lied to. From my personal point of view even the UN is involved at this point. That part is seen (at https://news.un.org/en/story/2019/01/1030902) where we are treated to ‘Global economy to see ‘steady’ growth of three per cent in 2019 despite risks, says UN’, the entire delusional statement, whilst we see the slowing in both Germany and France to a larger degree, Spain and Italy are already in the decline and whatever is gained is set against the debt of the largest four economies, that too impacts the economic growth as none of the nations has any financial options to create growth or set the stage for an increased infrastructure for years to come. So the 3% marker is what I personally would consider the delusional thought of a fictive inclined mind, even if whatever pressure would be applied to stop Brexit that predictive number is not realistic.

So when we see: “Among these looming dangers, accelerating trade tensions are already “having an impact” on global trade and employment, Mr. Harris told UN News. In addition, rising national debt is also crippling many countries’ ability to provide basic services, but this and other risks – such as those from climate change and waning support for international cooperation – could be avoided or minimized if countries worked together to do so, the UN’s top economist insisted. With mounting pressures in the areas of international trade, international development finance and tackling climate change, the report underscores that strengthening global cooperation is central to advancing sustainable development.

We see the delusion of United Nations Chief Economist Elliott Harris and his dangers of ‘accelerating trade tensions’, ‘rising national debt’ and ‘waning support for international cooperation’ are all set against ‘strengthening global cooperation’. So how is a person allowed to sit in the place he is? How can the additions and denial of massive factors are negated by the mere idea of ‘strengthening global cooperation’? The fact that the bulk of the EU nations cannot get their tax laws in order giving rise to properly tax the FAANG group and a few other players is evidence that the system is broken beyond believe and the entire mess of some magical +3% economy where the numbers deny the realistic notion of overwhelming nil status or actual recession makes the entire mess larger and I believe it is time to hold such reports up to scrutiny for prosecution of these elected officials who make more than 90% of the rest of a nation, there should be prosecution for those giving reports that are debatable to the largest of degrees. That will never happen of course, but in all this the media will give the fake positivism of 3% and in the end not hold these people to account after the fact.

The system is rigged to not leave the larger population with anything and that is soon becoming the actual driver to break the entire EU asunder. When that happens remember those who stated that the EU would become a better place and call them out in public, they will love that.

 

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Nationalisation, the second tier

The news is fresh, it is new news, yet it was foreseen, it wasn’t really news, but the drive has come visible, much more visible than most expected. As some might focus on the Guardian and the image of a beautiful young lady as she is afraid for her life, as she seeks refugee status in Australia, we see all the men and many women feeling sorry for Rahaf Mohammed al-Qunun. It might be correct, it might not. I do not know, yet what the Guardian is not telling you is seen in the Arab News (at http://www.arabnews.com/node/1431206/saudi-arabia), there the news is: ‘Saudi Arabia goes full steam with Saudisation of sales jobs‘. I think it is good that any nation pushes for national held jobs, no matter what country it is happening in. So as we read: “Saudi Arabia’s Ministry of Labor and Social Development announced on Sunday that it would be providing citizens with job opportunities in an attempt to reduce unemployment. The job opportunities will be in sales roles, including medical equipment stores, construction and building materials shops, car spare parts shops, carpet shops and sweets shops, according to Saudi state news agency, SPA.” I think it is good that the news is seen, yet what about the impact? It is not a national thing, it is regional, Oman is doing the same, Qatar has been doing it for a while and the UAE is on a similar trend. If it works it is great, yet what everyone forgets is the announcements of 6 months ago, this basically impacts Google, Apple and a few other players (the FAANG group as a whole) as they were opening their offices in Saudi Arabia as well, so from the Saudi view it is great to be Saudi. Many people all over the world dream of a Google job and now we see that Saudi’s are added to that knowledge pool. And that is what it is a knowledge pool that can drive Arabian IP to a much larger extent. In light of Neom City, in light of new Financial Districts in Riyadh, we see the opportunity for growth, yet do these events constitute actual growth as that question is equally important.

If we accept the same news two days ago (at http://www.arabnews.com/node/1430961/business-economy), we see that the headlines might give us ‘CEO of Saudi Arabia’s newest technology investment fund STV shoots for the moon‘, we might giggle, yet perhaps that same feeling came upon us when in 2001 a man named Mark Zuckerberg had an idea, how did that end? We can also consider that as Abdulrahman Tarabzouni is a MIT graduate, so he optionally has a better education than Mark Zuckerberg had (Harvard), which is me, myself and I starting a competitive flame between those two schools. The nice part here is that the STV (the investment fund) has half a billion to start with, so they can cream the best start-ups to truly grow their perspective and turn it into billions of wealth, if properly set their idea of a hundred times over might be conservative. We tend to not look into those directions, yet the ownership of IP is not merely an essential it is a wealth maker and a wealth breaker and as an MIT graduate he would (read: should) be able to see the difference between the wheat and chaff, it makes for all the difference.

Even as the Arab News introduces in opposition: “Some analysts point to two difficulties in the STV strategy: The high valuations of the global technology sector, and the comparatively high levels of geopolitical risk associated with the region, and the Kingdom, in the minds of some foreign investors.” We need to recognise that being first implies the avoidance of ‘high valuations of the global technology sector‘, the second part is ‘geopolitical risk associated with the region‘; that second part might not be zero, yet there is no clear danger to the Kingdom of Saudi Arabia, in addition as the footing of Iran diminishes the growth of Saudi Arabia will flourish, as well as the fact that the involvement and connections of Abdulrahman Tarabzouni with Saudi Aramco, Careem, Morgan Stanley, Oracle, Microsoft, Syphir tech company, Google, Member of investment committee, Middle East Venture Partners, as well as advisory roles at public and technology institutions in KSA, it would be my personal believe that if this person cannot navigate the rivers of political risk, no one would ever be safe to invest in Saudi Arabia and as we see billions from the FAANG group go that way soon enough, we can pretty much consider the second risk a dud in all that (for now).

The progress that Saudi Arabia is showing in 5G, now equalling the largest players on the western hemisphere shows not only the commitment for the Middle East, it shows that Saudi Arabia is taking the non-petroleum options extremely serious. It goes even further when we consider the news a mere 4 hours ago: “T-Mobile CEO to regulators: China is beating US on fast 5G wireless but our Sprint deal can change that“, how exactly will that happen? Merging Sprint and T-Mobile sounds nice, but they still lack higher technology equipment, Huawei beat them and the longer these players remain in denial, the larger the damage and that is where the STV can cash in. Any Huawei linked technology start-up has close to a 20% advantage over anything else. Let’s not forget that players like Verizon are not really using 5G, or as they say 5G Evolution, which I discussed in ‘Tic Toc Ruination‘, where we see: “We are given “Verizon’s network is not yet 3GPP compliant. It uses Verizon’s own 5G specification, but will be upgraded to be 3GPP compliant in the future“, so does that mean that it is merely a Verizon issue opening the market for Sprint, or are they both involved in that same pool of marketed pool to some form of ‘5G’ branding, and not the standard?” (at https://lawlordtobe.com/2018/12/06/tic-toc-ruination/), something clearly seen from various sources a month ago, so how was their technology backdrop solved? It was not! I made additional observations in ‘That did not take long‘ (at https://lawlordtobe.com/2018/12/22/that-did-not-take-long-2/) where we see: “we are (again) confronted with what Neville Ray CTO of T-Mobile calls: ‘duping customers into thinking they’re getting something they’re not‘, America will not end dead last here, but they will be trailing (as currently is implied) behind more than one Middle East Arabic nation“, an observation I made on December 22nd last year, so not only am I proven right a few times over, the fact that for what I observe to be high paid people hiding behind presentations and wording whilst not having the actual goods is merely the facade of defeat presenting itself as ‘innovative opportunity‘, so we are watching these people heralding their Edsel whilst it is about to go up against the Maserati Gran Turismo and optionally the Mercedes-Maybach S 650 Sedan as well, and in what Universe does the Edsel have any kind of a chance? Parking perhaps (it is not that big) but how can you see innovative technology as innovation when parking is your only way to shine?

the sad part is that I have been talking to stone walls for 2 years now, the upside is that when they fail I have the documentation showing just how stupid they have been, and the end is nowhere in sight. I prepared issues on optional 5G tourism, cyber protection and a few other places that will really open up the valves of disgust from consumers when they are confronted with the impact on their daily lives. Even outside of governmental infrastructures Huawei is set in a stage where they have billions in optional business in both information and SME environment. The large presentation based players (like 5G Evolution) were so intent on pushing the large infrastructure that they forgot that actual business comes from other area’s and when the first sale is done, they are merely left with the stage where they wait for consumers to catch up, that part is no longer a given. We see part of that (at https://asia.nikkei.com/Business/Business-Trends/CES-2019-to-offer-glimpse-of-future-for-5G-AI-and-Huawei), where we are treated to: “About 4,500 companies are set to take part in this year’s CES, which continues to expand beyond consumer electronics as tech pervades once-mechanical industries like automotives. China now stands out in developing and applying both 5G and AI technologies. A decade ago, Japanese home electronics makers had a substantial presence in the Central Hall, an area packed with big-name companies. But as they have lost prominence, Chinese companies have emerged to fill the gap. Huawei Technologies, Alibaba Group Holding and Haier Group will all have exhibits in the Central Hall.” This matters as it is direct visibility; this is the direct stage in Las Vegas and its CES2019, people will get to see 4500 companies and some there proclaiming to equal Huawei, yet less than 5 will optionally have something to show the people on that level and I am speculating that they merely equal Huawei at best and this is one month before the Mobile World Congress 2019 in Barcelona where Huawei is set to take the centre stage and most of the attention. We cannot speculate what we will see exactly, but we will know on Sunday 24th February, and we will then optionally see the Samsung 5G router (not Mobile) and optionally several 5G mobiles, yet at that point we can use the dictionary torpedoes to sink that hype seeking content, contant that we have been exposed to from several sources. That part is not only visible, the results as shown by one source, gives us that AT&T is just not up to scrap at present.

Even as I have no real confirmation on how accurate the results are (so be aware of that), we are shown what PC Mag gave the people earlier and with the cautionary footnote (as would be appropriate): “remember that these are just test speeds ant that they will most likely improve with time. More importantly, there are still no 5G smartphones available yet, so these tests in the AT&T 5G network are just part of a process“, the fact that we see the results as in the image are bad, really really bad for a 5G environment!

From my point of view, test or not, their 5G should have knocked it out of the park leaving us with the entire 5G Evolution bit as what I personally would see as a sham, not a champ.

Nationalisation is only as good as the goods you have and in this the partnership with Huawei was essential and at present more and more technologists are stating the same thing. So those with a Huawei partnership will leave the others behind them on a larger scale in several layers and structural foundational flaws, the impact when the others cannot deliver will be fun to see, especially to mock on a daily foundation. I reckon that we have that right when we are treated to bloated presentations where we are left in the dust with the message: ‘It is great to be a consumer, in this age‘. Do not worry, we have his number and will point out that flaw soon enough several times.

We are finally seeing the impact of iterative technology versus frog leaping ahead. The iterative players will soon diminish, so from the Saudi point of view, they did bet on the right horse and that impact will give them multiple victories soon enough. You see, do you still think that the larger players will stay in a place with inferior abilities? When exactly was that ever an option for those who wanted to stay in the major leagues of technology?

 

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Shutdown to death

Time for the last article of the year.

In America the news is all about the shutdown, the government is in a stage of what some call ‘democratic’ application of force, some will call it a serious hoax against the American people and many think it is an atrocity, merely in play because of a wall someone wants. In that regards, it worked in China, not many Chinese left the country via the wall route, did they?

The Washington Post gives us that it is now probable that the shutdown will continue until January 3rd, when the new congress convenes. Some might consider the issue of “deny Trump any new wall money, keeping the Department of Homeland Security’s border-security funding at the current level of $1.3 billion“, yet the issue is a lot larger. It is transgressing borders (quite literally). I see it as the impact of a nation now bankrupt. As they approach a debt of twenty two trillion, or $22,000,000,000,000 we need to realise that even at a mere 0.1%, the US government has to hand over $22,000,000,000 in interest every year. Now we see the impact of the non-taxation of the FAANG group, not to mention all those Wall Street individuals and corporations that are able to have a career plan in tax avoidance (which is actually legal), tax evasion is not. So consider that no one pays a mere 0.1%, so the interest is a lot higher than that. Now consider the 22 billion and the fact that there are 325 million Americans. This would imply $67 for every American. Now consider that 12.3% is in poverty, so lucky for them no taxation and it amounts to 40 million people, this gives us an initial $2.7 billion short. Then we get the 10% group. It gets to be worse when we consider the 2016 numbers. There we see: “An estimated 45.3% of American households — roughly 77.5 million — will pay no federal individual income tax“, in addition those in the lowest 20% paid -$620, which implies no taxation and money from the government, and the picture does not get to be any better beyond that. So the US has a massive budget problem and as I see it, it is bankrupt. In this economist Laurence Kotlikoff actually agrees with me, he came to this conclusion in October, whilst I predicted the setting 3 years ago, the world economies have been in denial for that long. These people might hide behind some fictive ‘wealth of America‘, yet that group of people represents less than 1 million people, and they cannot fork over what the government needs and the picture is merely sliding from bad to worse and this is part of the entire shutdown issue, there is simply no money left.

And those behind “There is frankly no path towards him getting $5 billion in American taxpayer money to meet his campaign promise of a big, beautiful wall with Mexico,” Sen. Christopher A. Coons (D-Del.) said Sunday on CBS’s ‘Face the Nation’“, you see, how strong will this wall be? How long until that wall gets ‘punctured’ with a few shots from a M72 LAW or RPG7? Perhaps more efficient is drilling a few holes and fill it with Dynamite. So, how long until that wall is nothing more than a leaky billboard supporter? How much costs will there be in repairing that damage, a wall 2,400 miles long? How much concrete, how many holes, how many troopers will be required? One could argue that the cure is a lot more expensive than the disease ever was. All that in an economy where a government could never ever correctly deal with a minus 22 trillion invoice? That is before we consider the damage to nature, Big Bend National park, Buenos Aires National Wildlife refuge, Kino Springs, Organ Pipe Cactus national Monument, the impact on Yuma looks disastrous, the outskirts of Mexicali, and the space between San Diego and Tijuana is a foregone conclusion as lost forever. All elements that can be presented around, but there is the real impact of a dozen complications, none with a solution that does anything but drive the price of the wall sky high, merely leaving the US to ridicule (by China) with the notion that their wall was nine times longer, completed and functional 375 years earlier. Yes, these are matters that you will see in the news soon enough. I have no doubt that there is some benefit of having a wall, yet at $5 billion and a lot more afterwards, is that really the way you want to squander cash when you are bankrupt?

A wall that will prove to be detrimental to the funding option of 2019, that and the fact that federal workers are now either growing hungry or mandatory taking vacation days, so that impact will be seen all over 2019 as well. And this is not the first, as the Washington Post tells us: “making this the third partial government shutdown of 2018“. Who signed off on this? So when I see: “Sen. Patrick J. Toomey (R-Pa.) dismissed it as “really much ado about very little.”“, I wonder how many people on minimum wage were affected and would he be so kind to pay these people out of his own pocket? I wonder how trivial the matter remains at that point. And even as Senator Lisa Murkowski from Alaska gives us: “The votes are clearly not present in the Senate to provide $5 billion for the border wall“, I wonder if that is the full truth, I wonder if the actuality of the opposition is: “There are no funds left for such an outrageous symbol of discrimination“. I get there as terrorists and criminals will find a way around that wall, or under it, so there is that notion and that will happen, it happened, in Berlin, it happened in Colditz, it is still happening in Gaza, and as such it will also happen at the Mexican border.

It gets to be worse, especially in light of the earliest promise that this wall would be on the Mexican dime (never realistic), we see: “There is no mechanism for direct payments from Mexico’s government to the U.S. government for a wall in the trade agreement. And a number of Republicans have been greatly frustrated by Trump’s intransigence“. In light of that, why was $5 billion pushed for in American budgets? Although in this setting, the application was never made so artistically poetic by replacing ‘stubborn mule attitude‘ with intransigence, the Washington Post gets bonus points on that one.

An additional short update

I made mention of it in my article ‘That did not take long‘ (at https://lawlordtobe.com/2018/12/22/that-did-not-take-long-2/). there I stated: “because AT&T is going to start pretending its most advanced 4G LTE tech is 5G” and even as we were exposed to: “T-Mobile CTO Neville Ray wrote that AT&T was “duping customers into thinking they’re getting something they’re not.” The “E” is easy to miss, too, judging by a mockup AT&T sent out“, and it was the Washington Post (at https://www.washingtonpost.com/technology/2018/12/21/was-year-g-hype-g-reality-is-yet-come/) who gave us pretty much at the very same time: “We’ll make sure America wins the global 5G race,” John Legere vowed. “5G will unlock capabilities that will fuel job creation and innovation well beyond what we have seen so far“, as well as “AT&T said it too had switched on its 5G service, announcing it is the “first and only company in the U.S. to offer a mobile 5G device over a commercial, standards-based mobile 5G network” the catch? Access is limited for now to a select group of businesses and consumers in a dozen cities, and it requires the use of a mobile hotspot“, so is this real 5G, or is that the mentioned 5G evolution? In light of this article in the Washington Post, does this constitute deceptive conduct, or merely a missed communication between the WP editor and AT&T executives? And as we are treated to “As for when we will see the first 5G-capable smartphone? Industry analysts say the consensus appears to be the first quarter of 2019“, we see the completion of a stage of intransigence, I merely wonder who is not clear enough to see the sea of disagreement here. the fact that whatever comes is to be with an estimated price of US$1800 for the complete edition should also consider that this one item could max out the average credit card on the spot and that is without additional warranty and protection. So as 5G goes, it is seemingly merely for the rich (for now), so as such, is it truly an American first, or even a stage where America ends in a fictive first place? Perhaps it is perception on steroids, you can be the first in space, even if you send a monkey, it is in that light we get to see 5G soon enough. You merely have to contemplate who is remembered to be first in space, Yuri Gagarin on the 12th April 1961 or the monkey?

I wonder how soon we see the update on how trivial the difference is between 5GE and 5G, and how soon people realise that they are merely getting a new double priced contract whilst true 5G is not delivered, it might end up being a lovely day for contract lawyers in the US.

 

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Raging against the media

Last night I lost it, I will be honest, at roughly 02:23 I went slightly berserk. You see, I have had the longest of issues with the media for the longest of times. The media has no interest in you or me, it does not care about the individuals, whenever they say so, and they are lying. You see, the media has shown to care for 4 allegiances

  1. the shareholders
  2. the stakeholders
  3. the advertisers
  4. themselves

In that order of business! I will disregard actual investigative reporters here; they hunt the story, some of them really good. Overall this is about money and journalists are in that regard, merely catering to the economic three and after that person called self. It does not matter whether you are in the US, UK, Australia and to some degree even most European countries. The reverence of journalists is no longer valid for well over 90% of them.

The entire Jamal Khashoggi event escalated. Now, I am not stating that nothing happened; I am not stating that Saudi Arabia in innocent, but their guilt has not been clearly established. All the actions so far seen were aimed at the clear exploitation of the audience to increase circulation and keeping the webpage clicks high. Some (like the BBC for example) are doing their job and asking questions, the right questions. The entire matter is more of an issue as it is a person that matters in this case, if it was a reporter from the Daily Mail, no one would give a fuck (pardon my French), no, it was a reporter (or columnist) for the Washington Post, and actually really good newspaper, and of course the ante goes up by a fair bit.

According to BBC News, the so called recording of his torture (according to Turkish sources) has been requested. We see the quote “Mr Trump said America had already asked Turkey for a recording said to provide strong evidence that Mr Khashoggi was killed inside at the consulate” and that makes perfect sense. So why has it not arrived at the White House? If I can mail a MP3 in 17 seconds, why has it been 17 hours and why have we not heard or seen anything acceptably reliable concerning the evidence?

In my speculative view, the statement of the recording is a fake and the media has been playing with ‘Journalist Jamal Khashoggi ‘butchered while still alive’, horrific audio of his murder allegedly reveals‘ (NZ Herald), as well as ‘Audio Offers Gruesome Details of Jamal Khashoggi Killing, Turkish Official Says‘ (NY Times), the list goes on and on. Now we get that some titles merely seem unacceptable. Yet the misrepresentation through flawed reporting is still on the papers even the New York Times. The Washington Post should get a pass on this as they seemingly lost one of their own.

Why is it an issue?

You see, Saudi Arabia is in a proxy war with Iran and Turkey as a puppet of Iran is getting into the good graces of Iran as much as possible. that part is not shown in ANY of those newspapers. Then we get the kill squad references. references like: “A still from surveillance camera footage shows a man thought to be a member of Mohammed bin Salman’s security detail“, really? Based on what? You see if these reporters had done their job they would have added footage from that person in the details of the crown prince. I have not seen that footage, have you?

Then we get to the Guardian. there we see “Over the past two weeks Turkish officials have leaked increasingly shocking evidence that they say proves that the journalist, who was critical of the Saudi crown prince, was tortured and killed inside the building and his dismembered body driven to the nearby consul general’s house where it was disposed of“, here the Guardian is also in a questionable stage. You see, the link there merely gives us the recording request that no one can produce. In addition, we see ‘Turkish officials have leaked increasingly shocking evidence‘, so exactly what evidence was released? Is that not a valid question?

Now, we can all accept that something happened, that there is a more than likely chance that Jamal Khashoggi is not in a good place, the chance that he is optionally is dead is also not lost on me, and I can accept that, yet the media is pushing it into a frenzy of speculations and allegations with no support, or at least support of the most dubious kind, that whilst the tether between Turkey and Iran remains unlit and no one mentions that Turkey has reasons to be set in a anti-Saudi Arabia stage, we see none of that.

In addition, over all this we have been given “Liam Fox, the UK trade secretary, and the US Treasury secretary, Steven Mnuchin, joined key European partners in pulling out of a major economic forum in Saudi Arabia nicknamed Davos in the desert“, ok that is fair. It is their choice. So exactly what actions were taken against Iran regarding Syria, what actions were taken against Iran regarding Yemen? We were treated to “Iranian and European officials are meeting at the United Nations to try to salvage a nuclear deal that the US pulled out of” less than a month ago, in light of the hundreds of deaths in Yemen, a slaughter that Iran is part of, why are they even talking to Iran?

Yet if Neom is pushed through, if it becomes a reality, the IT infrastructure and interne options could optionally represent between $2-$5 billion a month if the full coverage is obtained after 2030, and a lot more besides that, such values and some people are walking away form that table? It seems hypocrite and it does not make any sense after the willingness shown to make deals with Iran. In addition the notion of walking away from serious cash and walking away from that ‘on principle’ whilst that same principle stops them from properly taxing the FAANG group is just a little too hypocrite to stomach. If I get the option, I would move in in a heartbeat, even mere crumbs from a $2 billion a month pie is still serious cash to many players, and as we are told: “Bruno Le Maire said on French TV channel Public Senat that “I will not go to Riyadh next week” for the conference known as Davos in the desert“. Russia will not have that issue, they will most likely state: “Who the fuck was Jamal Khashoggi anyway, and who do we thank with a bottle of Vodka for ignoring such massive economic opportunities?” There are plenty of players who will think the same. Some will state that it is a good thing to take a distance and set the stage in a less friendly way, yet they never had that consideration after Wall Street made millions of Americans live the life of destitution, did they?

ABC News added flavour to it all with the report: ‘Pompeo listened to an alleged recording of the murder of Jamal Khashoggi: Turkish Source‘, yet the article also gives us: ““The secretary addressed this yesterday. He has not heard a tape,” his spokeswoman Heather Nauert told ABC News in an email. Asked about receiving a transcript of the recording, Nauert told ABC News: “I don’t have anything on that.”“, so is there a recording? Why is no one jumping on that story plane hitting Turkey with that question EVERY HOUR? The story is 24 hours old and inaction on the truth prevails whilst actively pushing the alleged unconfirmed reporting is winning; it is that part of pushing hype towards emotion and not true journalism, keeping the emotions high, instead of properly informing the people. Last night that stage just got to me.

That whilst we understand that governments are walking away from economic events, yet they do not get to cry on the entire Brexit setting either, at that point their useless and fear mongering attempt to fill the bucket with false staging needs to be met with the very same tenacity, but that is not going to happen, is it? Wall Street will not allow for it, will it?

So as the New York Times gives us: “Investors raised concern that if Saudi Arabia were sanctioned, it could restrict oil supply and prompt a rise in energy prices. “As soon as the news came out it increased the selling,” said Robert Pavlik, chief investment strategist at SlateStone Wealth LLC in New York. “Anything that has a semblance of the possibility of trouble, people in this environment see it as a much larger problem than it may really be.”“, the article (at https://www.nytimes.com/reuters/2018/10/18/business/18reuters-usa-stocks.html) will get a twist or two before the end of the weekend and when we contemplate the message from Robert Pavlik, chief investment strategist at SlateStone Wealth LLC in New York. The answer is simple, you have the media to thank for that (as I personally see it)!

so when we are in a stage of what happened, I wonder how many of these reporters remember the entire Arizona Republic reporter Don Bolles case and how it all came to an end after 30 years, or did it?

In the end, it is the lack of journalistic integrity that gets to me. It is all about staging the story; it is no longer about reporting the news. There will be the players that do the right thing and the BBC is currently topping that list, but the issue is that this list of better journalistic publications is shrinking and it is not getting better or larger.

One of the players who set me off was TalkRadio (UK), she is not the best soul on this planet (in more ways than one). I think that when Tweeting a bombing pic as satire is just as low as any person can get and I do not fault her for being stupid, but she should not be that blatantly obvious about it, and in her defence that she is a staunch republican, I would say that so am I, yet I try to push for higher values within my own party and other parties. that does not mean that I am absent of humour, mine can be direct and perhaps to some offending at times, but it is never done in malice, Julia Hartley-Brewer tweeted in malice, which is not the same. Perhaps it was not satire, but sarcasm and when it bites back, it will merely be irony.

The example is actually important as we see at times the satirical presentation of events, and making sure that this is filtered out is equally important. In addition there have been places like Today, where we saw former CIA director John Brennan. Here we see direct answers on good questions, yet here we need to see another filtering. Here the filtering is that this is a former operative who was in Saudi Arabia, who knows the country and the people. It is a much better level of reliability and we should not ignore that, in opposition to other reporters who are unlikely to find Saudi Arabia and Riyadh on a blind map. In addition the other reports never added any reliable parts like John Brennan to the equation, merely their anonymous source, one that has more likely than not an anti-Saudi state of mind.

Whatever!

In the end, we need to look into ourselves too, I am doing just that and even as I understand why I was in a rage, I am still looking into the matter how that rage got to me. Just an hour ago, we see the BBC giving us: “The Turkish authorities say they have audio and video evidence of the killing – although these have not been made public. Turkish media with close links to the government have published gruesome details on the alleged audio, saying screams, and the voice of the consul, Mohammed al-Otaibi, could be heard in the recording“, yet the latter part cannot be proven at present, can it? that remains at the heart of the matter and as the BBC adds: “Russian President Vladimir Putin has said it is a pity that Mr Khashoggi has gone missing, but that Russia cannot damage relations with Saudi Arabia without hard facts” we are again confronted with the issue, there are for now no facts, nothing tangible and that is what matters, the additional disregard of the media because they are no longer trustworthy is making matters worse, they are worse as they could have been prevented. For us we are lucky that BBC news is still there to give us the quality goods.

There is one ironical part in all this, the final column by Jamal Khashoggi give us: “it left Saudis “either uninformed or misinformed”“, we are for the most in that very same position, in our case it is not the freedom of the press, it is the overly large freedom that allows the press to play with us for their direct needs and the need of the first three priorities that leaves us either uninformed or misinformed by making us ‘informed’ allegedly and though insinuation, which in the end is still misinformation.

Even now in the last hour, we get: “But a steady stream of unconfirmed leaks from officials to Turkish media have painted a detailed and horrifying picture of Khashoggi’s last minutes, allegedly at the hands of 15 Saudi agents waiting for him when he came to the consulate for paperwork”, all about unconfirmed, yet the setting that Turkey is an Iranian puppet is still kept out of the entire equation, is that not interesting too? How far can we be deceived and when it falls to holding the media accountable in all this, when we force that discussion to the table, how will the media react? How many politicians will suddenly take a step back and forget to voice concerns on properly informing the public?

 

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Game of Pawns

Most people have heard of the Game of Thrones, George R.R. Martin’s masterpiece filmed and shown by HBO. Its final season will come in 2019 and the air is filled with teasers, speculated spoilers and optional fan made false trailers. Yet have you heard of the game of pawns? This goes directly towards the entire Australian Encryption Bill. I spoke about it 2 days ago in ‘Clueless to the end‘, where we are introduced to the misrepresented views of Peter Dutton. On how he plays the system on getting the FAANG group to help him a little, which is exactly what the FAANG group is unwilling to do. In addition to what I wrote there is the voice of Paul Brookes, chair of Internet Australia. He gave us: “it is important for law enforcement to find ways to improve their capabilities for intercepting criminal activities through the communications sectors, “they must not do so via hastily enacted legislation which fails to consider the legitimate concerns and advice of global technology experts, and carries the very clear risk of creating more problems than it solves”“, in this Paul is right and the issue is growing on other settings too. In the last three days we have been made privy to: ‘Hackers stole millions of Facebook users’ highly sensitive data — and the FBI has asked it not to say who might be behind it‘. Optionally because they cannot unsubstantiated blame Russia again, yet in the much larger setting it seems that they do not have a clue. In addition, we see evolving today: ‘PS4 Users Are Claiming That Malicious Messages Are Breaking Their Consoles‘. The last one seemingly has a solution as reported by Kotaku: “It does seem that the exploit is purely text-based, so changing your PlayStation messenger privacy settings should prevent it from happening. You can do that by going to Account Management in your console Settings, heading to the Privacy Settings submenu, and changing Messaging settings to “Friends Only” or “No One,” meaning that only your pre-selected friends or no one at all can message you“. Two attacks, the second one without knowing the extent of the attack in a setting that could not have been prevented by the encryption bill, the fact that the authorities have been grasping in the dark gives a very clear view on how short the authorities are on the ability to stop these events. All the BS short-sighted attempts to access data whilst the entire communication system is flawed beyond belief shows just how clueless the governmental players have become.

So as this week is likely to be about: “It appears to be the worst hack in Facebook’s 14-year history“, many will all go into the blame game against Cambridge Analytical, ye the foundation is that the internet was always flawed, and again we see a setting where the failing of non-repudiation is at the core of certain events. A setting where ““access tokens” – essentially digital keys that give them full access to compromised users’ accounts“, done through hacks into vulnerabilities into a setting of ‘authentication’, where the optional ‘non-repudiation’ might have optionally prevented it. That basic flaw has been around for over a decade and the tech companies are unwilling to fix it, because it makes them accountable in several additional ways.

Non-Repudiation

In a setting where you and you alone could have done certain things, is stage against the setting of someone with the claimed authority has staged the deletion of all you created. That is the stage we are in and the damage is increasing. As more and more vulnerabilities are brought to light, the lack of actions are beyond belief.

The NPR reported something interesting that the initial sources did not give me. They give us: “the hack exploited three separate bugs in Facebook’s code. No passwords were compromised, but the hackers were able to gain “access tokens” that let them use accounts as though they were logged in as another person“, as far as I can speculate, non-Repudiation might not have allowed that, making non-repudiation a much larger priority for social media than ever before. The fact that the data captures are getting larger makes the change also a lot more important. If the value of Facebook is data, keeping that secure should be their first priority, the Encryption bill would also be a void part if non-repudiation becomes an actual part of our lives. The dire need of Common Cyber Sense is seen everywhere and we need to give less consideration to people who cannot keep their Common Cyber Sense.

You see, the issue is becoming a lot more important. The fact that these accounts are now sold on the dark web, with the by-line: “If sold individually at these prices, the value of the stolen data on the black market would be somewhere between $150m and $600m“, we are certain that this will get a lot worse before there is any improvement. It is my personal view that actively seeking a non-repudiation setting will hasten that process of making your data more secure.

It is in addition the setting that the Dream Market offers, which by the way is useless. The Chinese vendor offering the data, could in the end merely be an expelled student from any US university living in Dublin, there is at present no way to tell who Chernobyl 2550 actually is.

Finding and exploiting three bugs in Facebook gets you optionally half a billion, the governments are that far behind and there is no indication that they will catch up any day soon. When going back to the Facebook setting, we also saw “Facebook said third-party apps and Facebook apps like WhatsApp and Instagram were unaffected by the breach“, yet another source gives us: ‘WhatsApp Bug Allowed Hackers To Hack Your Account With Just A Video Call’ (at https://www.valuewalk.com/2018/10/whatsapp-bug-video-call-fixed/) implying that Facebook users are in a lot more peril then shown from the different media. We are given: “A security researcher at Google’s Project Zero discovered a strange bug in WhatsApp that allowed hackers to take control of the app if they just knew your phone number. All they had to do was placing you a video call and getting you to answer it. Though the WhatsApp bug was disclosed only on Tuesday, Google researcher Natalie Silvanovich had discovered and reported it to the Facebook-owned company back in August“. So even as it seems that Facebook is not giving us ‘faulty’ information; the mere fact on the existence of the flaw as seen with: “She disclosed the WhatsApp bug to the public only after the company fixed it via a software update. Silvanovich wrote in a bug report that heap corruption could occur when the WhatsApp app “receives a malformed RTP packet.” The bug affects only the Android and iOS versions of WhatsApp because they use the Real-time Transport Protocol (RTP) for video calling” is showing a dangerous setting where a number of failings within this year alone gives rise to the flaws in security and proper testing of apps and the stage of security is failing faster than we should be comfortable with.

So even as CBS News was all about hacking elections last week, giving us: “These cyber-attackers are driven by a variety of motivations, says Andrea Little Limbago, the chief social scientist at data security firm Endgame. “As long as attackers find it in their best interests or find the motivation to want to have some sort of effect … they’re going to think about what they could do with that access,” she says. “Especially China, Russia, and Iran.”“, the failing we see that there is a flaw in the system, it is not merely on pointing at the wrong players, it is about the flawed setting that some systems were breached in the first place. The larger setting is not the hack, it is access and the need for non-repudiation is growing at an alarming rate, in a setting where none of the players are ready to accept non-repudiation, we see a faulty authentication approach and that is the cost of doing business. So when you consider it a sign of the times, consider that I personally witnessed a bug that Whatsapp showed over 27 years ago, when a financial package on DEC VAX/VMS has something called Ross Systems. An intentional illegal action would crash your terminal program and leave any user in the VAX/VMS system with supervisor rights, with total access to every file on the server and every drive. Would it be nice if certain lessons were learned over a quarter of a century?

That is the issue sand the opposition of those who want to push out new features as soon as possible and that danger will only increase in a 5G setting, so when your mobile becomes your personal data server and someone does get access to all your credit card and health data, you only have yourself to blame, good luck trying to sue the technology companies on that. Actually that is exactly what Google is facing with class actions against both the Pixel and Pixel 2 at present. Should they lose these, then the ante goes up, because any case involving flawed data security, when flagged as inappropriately dealt with could cost Google a lot more than they are bargaining for, and it is not just Google, Apple, and Facebook will be in equal settings of discomfort.

If only they had properly looked at the issues, instead of seeking the limelight with a new fab. In the end, are we mere pawns to them, to be exploited and under secured for their short terms needs of clicks and sales pitches? What happens when it falls? They will still get their golden handshakes and a life without complications for decades, what are we left with when our value in data is sold on?

We are merely pawns in a game and no one wants the throne, they merely want to be the second fiddle and walk away overly rich (or own the Iron Bank), we enabled this, and we get to live with the fallout that comes next, all because non-repudiation was too hard for these players.

 

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