Tag Archives: Forbes

A big tree in the desert

It started a little while ago, 4 nations got angry at Qatar, I wrote about it earlier. There were issues on both sides and there were intelligence considerations as well. In this Germany intelligence decided to shed light on the matter by investigating certain sources. A path I reckon that until now has not been too successful. A path that was equally a given not to be too successful, yet what was not expected was the issue shown a few days later when on July 16th The Washington Post (at https://www.washingtonpost.com/world/national-security/uae-hacked-qatari-government-sites-sparking-regional-upheaval-according-to-us-intelligence-officials/2017/07/16/00c46e54-698f-11e7-8eb5-cbccc2e7bfbf_story.html), the issue shown with “The United Arab Emirates orchestrated the hacking of Qatari government news and social media sites in order to post incendiary false quotes attributed to Qatar’s emir, Sheikh Tamim Bin Hamad al-Thani, in late May that sparked the ongoing upheaval between Qatar and its neighbors, according to U.S. intelligence officials“, in addition there is “In a statement released in Washington by its ambassador, Yousef al-Otaiba, the UAE said the Post article was “false.”“, which is to be expected. Finally we get “Qatar has repeatedly charged that its sites were hacked, but it has not released the results of its investigation. Intelligence officials said their working theory since the Qatar hacks has been that Saudi Arabia, the UAE, Egypt or some combination of those countries were involved. It remains unclear whether the others also participated in the plan“, which is an equal truth. In addition, we need to realise that this is not some fake news site, this is the Washington Post, America’s answer to The Times, and its high ethics in journalism have been established for the longest of times, so when we see a mere 2 hours ago (at http://www.aljazeera.com/news/2017/06/qatar-diplomatic-crisis-latest-updates-170605105550769.html) the update “Foreign ministers of Saudi Arabia, UAE, Bahrain and Egypt say they are ready for dialogue with Qatar if it shows willingness to fight ‘terrorism’” a quote given after we see the headline ‘The latest news after some of the Gulf states and Egypt cut ties with Qatar and imposed a land, sea and air blockade‘, yet in light of the found hack(s), how valid are these blockades? In addition we see in regarding the Hajj pilgrimage that Qatar and Saudi Arabia are in a he said versus he said situation, a side we would not have expected from these two evolved nations. There is a larger drawback in all this, as Turkey is trying to ‘ingratiate’ their own agenda, they are now becoming a stronger middleman for anything Iran has in mind, whilst not being connected to the action and in addition to that, the pressures at present are also enabling abilities in Palestine. There is no clear intelligence that is in the open that should be regarded as reliable, yet the ‘watercooler chats‘ seem to imply that calls between the PSS and Hezbollah wave allegedly been happening with some ‘regularity’ in the last 4 weeks, if that is so, than additional pressures on Israel cannot be far away.

Back to Qatar, the latest news gives that according to Rex Tillerson, the US Secretary of State that Qatar has met with the commitments that they were promising, there is a given that when Saudi Arabia, in conjunction with three allies that are not the smallest, any nation under pressure would be willing to comply with any reasonable demand that does not impede national pride to get in the way. Yet, what has the opposition offered at present? In my view the German promise seems unlikely to result to be any form of a working tactic to get some kind of resolution in play. You see, if there was any actual support being given, it would not be registered. I hope that the Americans learned that part when they found Osama Bin Laden a mere one mile from an elite Pakistani military academy. In my view there is no way that those involved with the security there had no knowledge of EVERY building within two miles of the academy. In that same air, you might think that Qatar is aware of any terrorist involvement, that is not the case, but there is ample proof on a few levels that it is utterly impossible that no one knew. The issue becomes how high does it go?

In that same light we need to look at another source. In this case I am looking at a piece by Sami Moubayed. The title ‘Qatar PR blitz is fooling no one‘ (at http://gulfnews.com/opinion/thinkers/qatar-pr-blitz-is-fooling-no-one-1.2067427) is not the part that matters. We might wonder why he focusses on the amounts like $150,000 a month for ‘research, government relations, and strategic consulting services‘, which might also include ‘communications with members of Congress and Congressional staff, executive branch officials, the media, and other individuals‘, the second cost at $2.5 million for former US Attorney General John Ashcroft who would be auditing Qatari efforts at halting terrorism funding. It is interesting how he is going to achieve that as the scope of monitoring and verification is close to impossible when we consider the rogue spears we have seen in Iran in the past, a mere general was able to give the largest level of materials and support towards the enemies of Israel. In this I saw that over that they missed out on options to increase visibility of close to 75% for a mere $10,000 a month (excluding my commission mind you), in light of the mentioned $138,000 not the greatest expense. Yet the important truth is given soon thereafter in “This is where the problem started and where serious work needs to be done to rebrand the country’s political orientation. No PR firm can do the job — it can be done by one person only, being Shaikh Tamim Bin Hamad Al Thani“, which is only partially true. They still need a facilitator to give a wider voice, or better spoken a channel to transfer the words of Shaikh Tamim Bin Hamad Al Thani to a much wider audience.

Sami is right when he states “Only he has the power to change his country’s image in the eyes of its neighbours“, and in this I am not even mentioning his valid reason of “All Qatar needs to do is walk away from Hamas and Yousuf Al Qaradawi“, which would have been a good idea any day of the week. Qatar has a few more options, options that they did not even realise that they had. There is a case to be made to revamp Al Jazeera TV’s editorial policy. Yet as it is speaking to the hearts and minds of Muslims (to a larger extent), I would not be able to give proper advice in that place, what does matter is that non-Muslims know what Al-Jazeera is, yet in reality those people do not know what EXACTLY Al-Jazeera is and that could be a small task, easier rectified and it starts on their own website. Not the flaccid minute under the heading of ‘about us‘. That current part of 200 words with the ‘Who we are‘ is so minute, so none telling that is overlooked with the mere blink of an eye. The words there “Launched in 1996, Al Jazeera Arabic was the first independent news channel in the Arab world dedicated to providing comprehensive news and live debate“, is laughter incarnate in my personal opinion! I am willing to bet a building on the fact that their 1996 was a challenge worthy of a small novel to say the least, so why not properly introduce Al-Jazeera to Muslims and non-Muslims alike? If Al-Jazeera is truly in 100 countries, the cheapest of solutions (read: SAP Dashboard) could add visibility to what is being offered, the network could grow through offering visibility using a mere BI consultant, which in all likelihood is already walking around in at least one of their 100 offices. In similar visibility they are presently (as their website indicates) not in France or the Netherlands, and perhaps at least in one office in one of the Scandinavian countries with the ability to offer local language support to thousands of Muslims. To the extent that this is PR that is massively cheaper than some PR offices offer and that is something Qatar would have in their own hands, working a social network with localisation. Interesting that that was not mentioned anywhere.

My ideas are directly reflective of the words of Sami Moubayed as he states “Somebody needs to whisper in the ear of the emir — and senior management at Al Jazeera — that they need to do a better job to polish their image; rather than spend millions on agencies in London and Washington, it’s far more urgent — and less costly — to do the job at home“, yet he does it in absence of directness or direct ideas on how to do it. I reckon that is fair enough, the man is a historian; he mostly lives in the past, not in the tomorrow. That is not an accusation; it is merely a factual realisation.

In this, the strongest point he makes is seen with “After a wave of agony swept the Arab World since 2011, this doesn’t sell any longer throughout the region. In fact, it sounds and reads as cheap, cliché, and very outdated“, this is exactly why the entire dashboard is such a step forward, I noticed a few more issues. There would be a fair debate whether this is laziness, or mere editorial policy. A case could be made for either side, yet the issue remains.

As we say goodbye to the Al-Jazeera side, we need to embrace one more part in the article by Sami. When we revisit the title ‘Qatar PR blitz is fooling no one‘, I will argue that there is no fooling going on, the article reads nice, but it is not an ‘or’ situation, Qatar is in a ‘and’ situation, where they need to visit issues on inclusion and finding more options to visit, not choosing from some selection and there is a need to be clever about it because the cost and effect of $150,000 a month needs to be examined as how it was spend and what was gained. The question on rebranding politics is also up for grabs, is it about branding or making sure that the visibility is correctly vetted? These elements are not the same and the cause and effect here is also implicitly seen as we see the reactions from the 4 neighbours currently not happy with Qatar. In this, there is an additional part for me set in the issues from Saudi Arabia. I have not read the original reports (and my knowledge of the Arabian language can be rounded upwards towards 0%), yet the press on a near global scale have never given proper item by item view of all the elements, more important towards the evidence as the other 3 (minus the hacking UAE) have offered them with shown source intelligence. It would be so embarrassing if the other three plaintiffs are all depending on one and the same source (an unknown part and speculative from my side). I believe that open clear communication is a first step to resolve it. the fact that my glasses got initially tainted because Al-Jazeera was kind enough to start that day with voicing anti-Semitism through  broadcasting sermons by the spiritual leader of the Muslim Brotherhood, Yusuf al-Qaradawi, that was not a good day for Al-Jazeera in light of the stresses in Doha that day. This is exactly why reforming, or better stated editing the ‘powers to be’ within Al-Jazeera sooner rather than later.

For me, I have always been a fan of oversimplifying any issue, so when I look at the grievances now in play, if there could be talks and the three nations can name one item that would show the good intentions of Qatar, what would it be and could Qatar comply with these three items? You see, it might sound oversimplified, but the reality is that all large achievements start small, one step at a time. In that way, we are not enabling either Iran or Turkey (there are issues with some of their decisions), there is an open view of the matter at hand and there is movement in a stress reducing direction. If those three items would stop the blockades, there would be a first step in resolution and more important, as I personally see it, the risk of escalation, as two nations miscommunicate between two optional dinghies and send missiles in the wrong direction is definitely a good element to prevent. Consider the implications, if we see the choice from King Salman bin Abdulaziz Al Saud. Would the biggest issue of his kingdom be with the dissidents or with the Iranian connections?

I believe that certain actions are becoming increasingly important, not merely because of the pressures and stresses, the short term issue is seen as we read “The boycotting countries have previously told the WTO that they would cite national security to justify their actions against Qatar, using a controversial and almost unprecedented exemption allowed under the WTO rules” (at http://www.trtworld.com/mea/qatar-crisis-latest-developments-413572), the problem here is that if this element is accepted, the WTO is not merely a cannel of facilitation, it would leave Qatar with very little to work with, it would in addition leave Turkey with holding the bag as the shops are showing in big signs ‘From Turkey by air – New products‘, if those remain Turkey itself ends up in deep hot waters with all the repercussions that follow. As my Law classes included all matters Wise, Terrible and Obvious, the words as given in Forbes (at https://www.forbes.com/sites/timworstall/2017/03/01/trump-admins-yugely-terrible-trade-idea-to-ignore-wto-rulings-america-doesnt-like/#7edfa5103a9f)

With: “Not obeying WTO rules allows countries to close their markets to your exports, it doesn’t force them to open them up“, that would be a stage with issues on several levels we really don’t want to end up at.

This also gets me to the article for another reason. The March 1st article shows more than you expected. You see with “The Trump administration sent shockwaves through the world of trade yesterday when the Financial Times reported that it was looking for ways to bypass the World Trade Organization, the 22-year-old oversight body that adjudicates trade disputes, and which Trump has called a “disaster.”” we now get a second consideration, is the Trump administration using the Qatar strategy to try to thwart the WTO in another way, trying to take away the equality and fairness that the WTO had in the past to set a different set of rules. Did the White House legal team brief the four non-Qatari minded players to use this to put more pressure on Qatar? It might be a valid tactic, yet the US could have had other reasons for pushing the WTO, the question is whether that is equally in play here, if that is so (speculative from my side) than it is the US that has done more than increase pressures on Qatar, Saudi Arabia, Egypt, Bahrain and the UAE. It is trying to change the global setting of trade in what I expect to be the most selfish of reasons, under those conditions, we might soon see that being a member of the EU is no longer a benefit, as it would become the anchor holding the other EU nations back in trade, merely for the reason that they cannot simply change trade rules for the EU.

So if Doha means Big Tree, we have to wonder what the board looks like at present, it seems that certain actions have been put into motion to set a season of drought for this big tree. We can argue that they did part of it to themselves, yet when we see that other players have had certain personal needs, who is actually trying to resolve the situation with a total absence of personal selfish needs? As I see it not the PR firms, in equal measure there are certain steps that Al-Jazeera could have put into place months ago, yet that too has not been achieved, so who on the side of Qatar is actually thinking of Qatar? I know it is not Turkey or Iran. I do not know who is, but as we see other sources state that “In a study by David Andrew Weinberg that was published in January by the Foundation for Defense of Democracies (FDD) titled “Qatar and Terror Finance: Part II: Private Funders of [al-Qaida] in Syria,” he wrote: “Based on these cases, there is no persuasive proof that Qatar has stopped letting certain terror financiers off the hook.”” (source: Jerusalem Post), we see that Qatar needs to start considering what is important to Qatar, because in the end Hamas will not care, they merely continue with their path of hatred against that state of Israel with whatever funds they can lay their fingers on. With all the considerations we would want to give to Qatar, it is the actions of Qatar, shown by too many sources that they themselves are becoming (read: have become) their own worst enemy. The one question that Sami Moubayed leaves us with is any of this done (read: facilitated) with the clear approval of His Highness Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar? That is the part that matters the most and that path also shows the path of least resistance in hopefully finding a solution to the matter for all the players involved.

 

Advertisements

1 Comment

Filed under Finance, IT, Law, Media, Military, Politics

How weird are these two?

I got confronted with the weirdest article in the Independent today, the article was 4 days old, but then, I do not frequent that paper so often, hence, I initially missed it. The article (at http://www.independent.co.uk/life-style/gadgets-and-tech/gaming/playstation-plus-price-date-details-sony-online-play-latest-expensive-cost-rise-hike-a7864351.html) gives us: “It’s about to get a lot more expensive to play PlayStation online“, which is an exaggeration to say the least. Now, for the longest time, the PlayStation plus has remained the same (as far as I remember), yet now we see a rate rise. The amount it rises with is £10 per year of £1 per month. It equates to 16% monthly, or 25% annually, yet the percentage increase is wrong, because it is £6.99 per month (new price), which comes to £83.88 per year, yet the full annual is a mere £49.99, which is only 59% of the monthly price on 12 months, so overall it remains a really good deal. So, as he whines on that event and how you can cancel the subscription. He also forgot to mention the fact that those with PlayStation Plus get 7 free games a month to play with, 3 PS4 games, 2 PS3 games and 2 Vita games, and the one subscription covers ALL three devices. Is it not interesting how that part got overlooked? The additional fact worth mentioning is that the list from June 2010 onwards has offered in total 493 games, 25 games had 90%+ ratings, which included games like Mass Effect (2+3), Bioshock Infinite, Batman Arkham City, Journey, Far Cry 3, God of War and a few others, So as we see the list offered, the £1 a month, or £10 a year does not add up to too much, when it amounts to 84 free games a year, which gets us an ‘enormous’ £0.11 increase per game (which makes it £0.59 per game in total) and in addition the access to multiplayer gaming, which we set at £0 for this exercise. So when Andrew Griffin writes that it is all about to get ‘a lot more expensive‘, I wonder if he has any clue on the gaming industry at all. Now, we know that there is hardship all over and that people can afford less and less, yet the option to get games at £0.59 per game remains a really good deal. In addition, you get them for the three devices without needing separate subscriptions. So I feel that Sony has always offered a really good deal for the gamers. Now, we might not always get the greatest games, yet 100+ titles had a higher than 80% rating and 25 games in addition had 90% or higher rating, so the people are getting really good games and they get a lot more than Microsoft offers and much better titles. The one part that the article does offer the reader is that if you try to renew the subscription now, you can get it for the ‘old’ price which is a pretty sweet deal, so you can delay the price increase for a year. In light of all this, not only is the description ‘a lot more expensive‘ a joke to say the least, the fact that the increase will not start until August 31st is also a clean option to quickly get the renewal now whilst the games are a mere £0.47 per game.

So when I see the title part ‘As Sony makes it more expensive to play online‘ I do wonder where he got his insights. Factual he might be right, yet in the day and age where the price of a PlayStation Plus videogame is set at less than a 1 pint bottle of Tesco Organic British Whole Milk, the entire setting of ‘a lot more expensive‘ should keep you on the floor laughing for some time to come.

From my point of view my response to the Independent is ‘Bad form, Independent, bad form!’

Second place issue

The second issue shown is one that was given to us in both the World Finance site as well as the Wall Street Journal. The issue given is “America’s young men are increasingly giving up on work in order to slay virtual aliens and fight videogame wars, new research suggests”, which is more than merely a laughable joke. The original source US National Bureau of Economic Research, the part that calls out might be “Academics from Princeton University, the University of Chicago and the University of Rochester say there’s ample evidence that since 2000, men who would otherwise be working are instead being drawn into immersive virtual worlds….”, yet what is this based on? You see, the data past 2008, a date many will remember, saw the Youth unemployment rate rise from 10% to 19%, after the beginning of 2011 those numbers have been declining steadily down to 9%, so the unemployment rate for the youth is now close on par with 1968, when it was the lowest in US History and only slightly better than 2003 which was the lowest at that point for close to 30 years. So when we consider those facts, it seems that the makers are giving us what some would regard a hatchet job. My title for that might be slightly too crass; yet when we see “Since 2004, time-use data show that younger men distinctly shifted their leisure to video gaming and other recreational computer activities. We propose a framework to answer whether improved leisure technology played a role in reducing younger men’s labor supply”, so how idiotic is such a notion when we consider the 2004 and 2008 meltdowns that thrashed the economy in several ways, in that same timeline, US unemployment (all) was set to 10% in 2008, with a steady decline that follows roughly the same downward trend to a little over 4% at present, now we might agree, that whilst unemployed those youthful individuals would divert towards videogames it is a path that is still better than heading towards the streets trying to be gainfully and criminally active.

In this the quote used by world finance “While eight percent of younger men were not in work in 2000, this number rose to 15 percent in 2016”, is more than inaccurate, according to worldfinance.com it is an outright lie. Governing.com gives us some extra information that is actually useful. Their quote (at http://www.governing.com/gov-data/economy-finance/youth-employment-unemployment-rate-data-by-state.html) is “The employment-to-population ratio for younger workers had only recovered about halfway for its recession-era decline as of early 2017. Youth employment rates have returned to pre-recession averages in just four states”, which seems to fit the other sources. This is what could be regarded as something that pisses me off. With ‘Leisure Luxuries and the Labor Supply of Young Men’ by Mark Aguiar, Mark Bils, Kerwin Kofi Charles and Erik Hurst, I have a hard time just giving it too much consideration. The paper has additional flaws, the consideration that we see on page 4 with “We further exclude full-time students who are less than age 25” which is a chunk of undergrads and post grads that work at least part time to be able to afford food and other small issues like books. So the numbers are already skewed, in addition some sources give us that 80% of the full time students work part time, which marketwatch.com gives us, which was part of a Citigroup study. The UK has numbers on 1 out of 7 students work and study full time, this might not be reflective of US students, yet it should be to some extent reflective of students in some of the US metropolitan areas like New York, Los Angeles and San Francisco where the cost of living remains a rising burden. It is in section 6 on page 31 when my laughter explodes. The issue given “we can use time allocation data to infer the rate of technological progress for gaming and computer leisure since the early 2000s”, this a given? With two recessions and the non-working youth being a historic high in 2010, surpassing the recession of the early 80’s is more than just an issue, with numbers showing a steady decrease since then, the job market starting to open, whilst outliers have a stronger impact. In 2017 retail shed 60,000 jobs in the US, whilst Wal-Mart and Amazon seem to be in a strategic battle of realigning jobs towards online presence, all elements that impact the job market. So as jobs get realigned through strategy, where do the jobs end up? What will those people do when they are not working? The information Forbes gives us on this is even scarier when it reflects the need for consumer appeal via transferred initiatives. In all this, the paper does give some interesting premises, yet relies on certain parts, which are I light of the two recessions a little too much of a stretch, yet the fact on how the formulas were used is actually quite interesting. Another flaw is seen on page 32, now this is the flaw as I personally see it regarding the data as showed, yet without the actual questionnaire on view, there is a flaw in both the results and the way that I see it might be, so we need to be aware of that.

With “We stratify by three groups: younger men who spent zero time on computer leisure the prior day, those who spent 2 hours or less, and those who spent more than 2 hours”, the flaw is the ‘when’, I would spend well over 2 hours playing after a full day work, so when we consider the working population with or without full time study, we see that the graph is flawed. Even the other way round, part time students with a full time job, they could fall into the 2 hour plus gaming bracket. It is that flaw that calls even more doubt into question regarding this paper. A final ‘consideration’ needs to be given when I take a look at the ‘Leisure Engel Curve’. Here I also must admit that I will give doubt to my own thought as I might not have comprehended that part completely (apart from the formula), you see, they do state “With the leisure Engel curves, we can link shifts in time spent across activities to an implied change in the marginal utility of total leisure”, yet does this part correct for any hype (read: diversion through peer and social group pressure)? I doubt that very much, as evidence I call for the Pokémon Go wave that started in July 2016, which is clearly computer leisure (read: mobile gaming leisure), yet the paper has not taken mobile gaming in any of it and sets gaming as a static given, yet this wave suddenly pushed 60 million people to a hyped community in the same group as other gamers, whilst mobile gamers can be set into any part of an idle time setting (like travel time), this disjoints the entire exercise as I see it and gives a larger (read accelerated) gaming community in a shifted setting according to the settings as given, yet not corrected for any version of the definition of what constitutes a gamer.

Even as we can admire the formulated exercise, we need to concern that the raw data is not reliable as such and that there are additional issues that the data model and the questionnaires and requested data cannot correct for. In addition when we see the models, there seems to be no consideration for idle time and/or transit time and the consideration of handheld devices or smartphones which calls for even more questions on the gaming environment.

No matter how clever some will think the paper looks like, from the stage as I see it, there are too many unknowns or unanswered question marks and in reflection the conclusion and some of the media statements are not in line of the reality of the recessions the people lived through.

That is merely my setting where $0.02=C(1+r)^t

 

Leave a comment

Filed under Finance, Gaming, IT, Media, Politics, Science

Drop the Mike, Ashley!

Welcome to the issues on a man that I do not know. This is not the most straight-forward of starts, yet the man who has been valued more than once and that verdict is several thousand stacks of £1,000,000. The man who owns Newcastle United, which means he gets the swanky seat in the stadium. Now, we can understand that this man founded Sports Direct. When you get enthusiastic about sports, you can bet that it will be part of your life. There is no denying it and as it became a good success, I would state ‘good for him’. Yet, the focus on him started in an entirely different way. It started with him getting in on the videogame action by getting a near 26% stake in the franchise ‘Game‘. That brand did not go well here in Australia, yet I always found it to be a decent store and the people working there knew their games and consoles. I have seen them in the UK as well and a similar feeling remained on that experience. Here it did not go well as they were up against EB Games (who grew aggressively at that time) and JB Hifi that was an established chain of quality stores, so they had a murder competition, they did not make it (for the most). Yet all this is now in play when I read “Mike Ashley swoops on video games retailer after profit warning forced by shortage of Nintendo Switch consoles“, this is a weird issue. We get ‘profit warning‘ in regards to a situation of shortage. Basically the story becomes, we are short on revenue/profit because we can’t get any more consoles, they are sold out, and everyone wants one! Which at present is pretty much the truth of the desire of people and their need for the Nintendo Switch, it is actually THAT amazing.

The result was “Game shares rose by more than 15% to 28p on the news, and later traded at 26.5p (up 9.3%), giving it a market value of £47m“, apart from the 28p not sounding like that impressive, it is the end result of +9.3% that is staggering. You see, I have issues with the entire part where ‘profit warnings‘ are labelled in the way they were. You see, the entire mess (as reported) gives no clue on the actual situation (well, the one as I personally see it), I do not care how people quantify one way or the other; it is the addressing of profit warnings.

I offer in evidence the following pieces

Part 1, Sony (at http://www.playstationlifestyle.net/2017/01/03/uk-2016-sales-chart-2016-game-sales-down-13-infinite-warfare-the-2-best-selling-game-of-the-year/) gives us ‘UK Sales Chart: 2016 Game Sales Down 13%, Infinite Warfare the #2 Best-Selling Game of the Year‘. In this we see: “The major titles of 2016 also disappointed when compared to 2015’s, with Call of Duty: Infinite Warfare (the second biggest title of 2016) lagging 31.5% behind Call of Duty: Black Ops 3. In other comparisons, Watch Dogs 2 fell just short of the 500,000 copies Assassin’s Creed Syndicate sold in 2015, Steep performed worse than Rainbow Six Siege, Gears of War 4 couldn’t reach the heights of Halo 5, and Final Fantasy XV was outsold by Just Cause 3.” For those who do not talk games, let me boil it down to the first item is that overall less games were bought. In my personal view, the overall quality of games was not great. Even as Watchdogs 2 was a good step up from the previous game, yet many gamers felt too burned by the first game. I believe that the second game was good, it has online and offline options and people were not forced to go online here. Regarding the other title, I am not a fan of Call of Duty, I know many are. the fact that a game like that became ‘the’ game is not entirely on the fact on how good their Infinite Warfare was, it is more that the other games were way below the line. The fact that the last four larger releases this year alone could be bought for 50% down, including the special editions with figurines is also a changing trend. People are less willing to just shell out the cash for games, reviews are more competitive and even though there are really good reviewers, there are a lot more really bad reviewers and they tend to get plenty of exposure. Yet in the end, the games were for a larger extent not up to snuff. The reviewers ‘deserve’ extra attention as some are more and more about the larger players, whilst some of the true gems have been largely ignored by plenty of people. Nioh is perhaps one of the most visible ones. Like Infinite warfare it is a specific game. I actually like this game, but I loathe the challenge it contains at times (they are really hard games). Some saw that is was some Dark Souls games and plenty of people ran for the hills as this is a game for actual gamers, not for wannabe’s. In my view there are several similarities, yet the only thing that the game Nioh truly has in common with Dark Souls III was its graphical excellence.

So here we see two elements that would push any revenue down.

Part 2, Pushsquare. At http://www.pushsquare.com/news/2017/01/ps4_physical_game_sales_increase_as_uk_industry_suffers_blow, we see more confirmation: “Overall sales down 13.4 per cent“, the mere subtitle and the direct impact that matters, less sales overall, this is not entirely correct, but I will get to that in a moment. The next quote is, as I personally see it wrong, but still essential. With “Bethesda’s Dishonored 2, for example, couldn’t come close to matching the success of Fallout 4, while Square Enix’s Final Fantasy XV somehow failed to outsell Just Cause 3.” My issue is that no matter how you slice it, Dishonored 2 is a little bit of a niche game, more intent for those who love stealth gaming (me being one), it is graphically superb, the game is a little steampunk in a very good way, but for the most, it is highly original and exquisite in quality. It is not fair to compare it to a game that has millions of followers and has been revered since its original release (Xbox 360, PlayStation 3 and PC) on 11/11/11, the date that some will carry with them for all time. An established success that was bought on the console be new players as well as nearly everyone who had the previous version. The game is good for months of gameplay, so a game that sells itself due to 5 years of raving reports. The second is equally unfair. I myself was never a FF fan, but I have always admired the originality and scope of the stories and the near perfection each game brought. Even I am surprised that Just Cause 3 outsold it, perhaps merely because of the over the top explosions and things you can do with the game? I cannot tell what the exact reason is, yet the second part implies that the gamers are diversifying in different directions, changing the gaming requirement. It is almost like there is a new generation taking over the baton of gaming and it has different tastes.

Yet he best is left for last, in part 3 we see Retail Week

The mention (at https://www.retail-week.com/sectors/entertainment/game-issues-profit-warning-as-uk-sales-falter/7022184.article), where we see “The specialist retailer, which posted a slump in its interim profits in March, said anticipated supply in the UK of the latest Nintendo console had failed to meet expectations, negatively impacting overall sales“, is a first issue. In this the mention ‘anticipated supply‘ beckons the question, so did you order enough or not? As the experts, you should have seen the impact it would make. The E3 and other events clearly showed that Nintendo was blowing both others out of the water. In addition we see “alongside ongoing poor sales of Xbox and PlayStation devices“, now we can argue about Xbox for several reasons, so let’s take this out of the equation, the PlayStation part gives the issue. Overall sales of the PS4 and PS4pro are still up by a decent amount, so it now becomes a shifting focus, but I will get to that soon.

For now I will end with the quote “The group continues to actively implement its UK action plan, encompassing improved supplier arrangements, enhancements to the customer experience, further operational progress including cost reduction programmes and disciplined cash management“, yet will not address it yet. Let’s take a look at three more elements.

The first is from the Business Insider which gives us “Sony sold 10 million PlayStation 4 consoles between early May 2016 and December 6, 2016. That puts sales in the neighbourhood of over 1 million sold every month, which keeps it locked in as the fastest-selling PlayStation console of all-time

The second is again from PlayStation Lifestyle with “Taking a deeper look at software last year in the UK, Games Industry points out that nearly 80% of all boxed games sold last year were either on PS4 or Xbox One (up from 66% in 2015)

The last is G24/7 where we see (at https://www.vg247.com/2016/11/14/ps4-console-sales-have-tripled-in-the-uk-following-the-launch-of-the-ps4-pro/) “Sony’s PS4 Pro launched at the end of last week and has had quite the impact on PS4 console sales. According to MCVUK, PS4 sales for the week ending Saturday, November 12, were up 204%. 65% of the total PS4 sales last week were for the PS4 Pro, while the final sales figure for all PS4 consoles was 44% higher than those for the Xbox One.

Now we put the whole together!

We know that sales were massive end of year 2016, especially with a new console and Christmas coming up, all that makes sense. We can also clearly see that overall, the consoles represent the bulk of all game sales. This partially makes sense because that is what we see as flagships in pretty much any gaming store, PC owners have a lot more options to buy in other places and at times a lot cheaper and there is Steam to consider, so that part remains an unknown and as such a much lesser impact to these stores (apart from the selling of steam credit). The fact that the PS4 is surpassing the previous consoles, is debatable (PS2 sold over three times the amount in its life time), yet the overall market trend is that games should be on par and were up by a fair bit last year. So when we go back to the initial start with “Video game retailers have been particularly badly affected by the broader shift away from the high street in recent years, with developers moving to increase their own profit margins selling games as direct downloads“, which we get from the Financial Times (at https://www.ft.com/content/172c3ba1-e880-35e8-9273-957e325cd7f4?mhq5j=e3).

In this there is debate, yet he part no one touches on is how the expectations were set, what they were weighed on and on the given image that sales were down, which had been an upcoming known for close to 2 quarters of a year. The part that the Financial Times gives us is that direct downloads are playing more of a role nowadays. It actually impacts the industry in 2 ways. Apart from buying directly, the additional issue is that consoles have a premium service; most gamers take that because of online gaming and the fact that both systems offer at least 2 free games a month. Microsoft was initially really bad with that (lousy games or games everyone had), they are still not great, yet this month it includes Lego pirates of the Caribbean, which is actually a nice and decent game (and not a large download in console terms). Sony beats Microsoft here hands down with titles like Until Dawn and Life is Strange. In all this both offer decent free games, with a bonus for Sony people as their account will also enable them to get free games for their Vita handheld, all that for around £50 per year, the premium service sells itself to both consoles without any difficulty. All elements that shows the impact of a bad year of games, not consoles, the overall quality of games gives rise to people deciding to just download an average game instead. The interesting part that even as Ubisoft lagged in a few ways, the one game what was awesome in many ways, ‘For Honor’ actually did not do that well, which is a mixed signal that multiplayer games are wanted, yet without a strong one player side, it tends to not make the cut in a top 10, which would be unfairly devastating on the makers I think. All elements that the analysts in this case should have known and realised and as such, when we see ‘would not meet expectations‘, my question becomes: “the expectations of whom and on what foundations?” Now we get to the part I skipped.

With “The group continues to actively implement its UK action plan, encompassing improved supplier arrangements, enhancements to the customer experience, further operational progress including cost reduction programmes and disciplined cash management” I wonder what we are being served.

  • Did they call short because they did not keep an eye on running costs, what arrangements would be needed with suppliers? Were they not up to scrap?
  • Even more customer experience? Were the current settings and anticipations of the competitor not up to scrap?
  • Disciplined cash management? Is cash not managed correctly?

The feedback we got from Game, directly below the image of a sort of smiley ‘Game CEO Martyn Gibbs on the merits of in-store gaming arenas‘ is one that leaves us with the thoughts that Game is going down because they are not on the ball of the game, and the game is passing them by? So in all this Mike Ashley merely flying in to pick up a bargain? In this he better realise fast that Game has an issue and more than one potential issue in play, he also needs to realise that the Games market is a shifty one and in the years before the publishers see clear to push a bigger load to online sales in the next 5 years (depending on where you live), we better consider that top games is a market in motion and it is likely to see a shift that Microsoft and Adobe made some time ago on PC’s, it is not a change that gamers are currently happy with, but it is one that the next generations of consoles will likely face, the game shop is seen as the middle man and they are trying to cut it out to maximise it for their own need to please whatever stakeholders they report on. It is early days now, but in 5 years it won’t be.

In the aftermath we actually need to look where I normally do not go. It is the Telegraph, in this case the business section, where (at http://www.telegraph.co.uk/business/2017/06/30/game-warns-profits-will-substantially-expectations/) we see the generic parts like “following its third profit warning“, we know that Christmas was weak (to some extent), yet in equality when you consider the previous information, the issue is not entirely just ‘weak Christmas‘, it is merely a much stronger competition to some extent and the fact that the cost of living in metropolitan UK seems to be ignored by analysts and those who speculate on how it would (read: should) be. The issue that is stronger is “The shares nosedived to just 21p on the back of the profit warning, valuing the business at £35.6m only two years after it was floated at 200p a share by US hedge fund Elliott Advisors” as well as “Elliott cashed in £101m at the time of Game’s stock market listing by selling a stake and made a further £59m by dumping a further 10pc of its stake just three months afterwards, despite agreeing to a lock-up period of six months” which now also implies that Game got played and not in such a nice way. Yet the bulk of all the sources do not give any clarity of the part that Elliott Advisors was playing, even the Financial Times steered clear of that part. In this, I am now also questioning the setting as given to Game and its senior management. Even as CNBC is giving the notion that Paul Singer, CEO of Elliott Management is just the best invention since Frozen Yoghurt (if we are to believe places like Forbes, CNBC and the Wall Street Journal), I wonder what price we can see the UK pay for getting played to the extent it is getting by the US Hedge market, in that regard should we allow for any US company coming in under false pretences and flood the market so that they can drain the profit quickly and walk away? It seems to me that they tried that in the Netherlands with Akzo Nobel, which had the great benefit of Elliott Management failing (for now), but it shows the extent that as a shareholder Elliott Management will go to get their profit, it seems to me that Game was not nearly as lucky and the fact that the different levels of publications left that side seemingly in the dark corners of ‘them not printing that part‘ is also upsetting (to me even more upsetting is the part that the Telegraph actually did get that info out). The fact that Game has been seemingly under exploitative attack does not diminish the issues as given by some of the publishers by the quotes, Game got caught out, which under the current size and the possible level of possible losses is a dangerous place to be in.

In all this, I am aware of things, but not as much as a person like Mike Ashley would be, so is this his triumph with Game, should we see this as a mere quick victory to see if he can get more out of this than Paul Singer’s place did, or is it an actual rescue and grow attempt? I am not implying one or the other, but as you see the presented evidence, there are a few issues with Game and I believe as such they were set up as the weak runt in the market, whether this will happen twice in a row is something I have no way of telling and I am not implying anything wrong, immoral or illegal. The entire mess is not completely shown by some players and that is what seems to be the actual issue. I remain in an attempt to be protective of the places that feed my need for gaming and there is a positive in having a diverse and competitive market. It guarantees to some degree I get the best games at the sharpest price, which is what every gamer wants, there is no exceptions to that rule.

 

Leave a comment

Filed under Finance, Gaming, IT, Media

How much for just the planet?

It is the title of a novel and as per today, considering this approach is not that bad an idea. You see, some brain boffin at Google found out that we are all in trouble. The article in Forbes (at https://www.forbes.com/sites/thomasbrewster/2017/02/24/google-just-discovered-a-massive-web-leak-and-you-might-want-to-change-all-your-passwords), gives now voice to one of the issues I have been trying to raise a few times and some of those so called ‘IT Experts‘ all stated on how this would never be an option. So let’s take you through the motions.

One of the earlier blogs on this was on June 5th 2015, so almost 2 years ago. Here we see: “This is how it begins, this is about certain events that just occurred, but I will specify this momentarily, you see, it goes back to an issue that Sony remembers rather well they got hacked. It was a long and hard task to get into that place Login=BigBossKazuoHirai; Password=WhereDreamsComeTrue; Soon thereafter no more firewall, no more routers, just the bliss of cloud servers and data, so much data! The people behind it were clever, and soon it was gone and the blame fell to the one nation that does not even have the bandwidth to get 10% past anything” (at https://lawlordtobe.com/2015/06/05/in-reference-to-the-router/), in regard to the fact that this is 2 years old, and several other issues were reported by me last year, the entire issue we see in “not dissimilar to the infamous Heartbleed bug of 2015 (though possibly more severe in terms of the potential for data leakage). It’s similar to Heartbleed in that CloudFlare, which hosts and serves content for a at least 2 million websites, was returning random chunks of memory from vulnerable servers when requests came in“, in addition, when we realise that the quote “Famous Google bug hunter Tavis Ormandy uncovered the issue, describing it in a brief post, noting that he informed CloudFlare of the problem on February 17. In his own proof-of-concept attack he was able to have the server return encryption keys, passwords and even HTTPS requests of other users from major CloudFlare-hosted sites” gives rise to several issues, not just account issues, but the bleeding of data, so how does this impact national security, because in several nations the defence agencies and defence contractors have their goods somewhere on a cloud.

Here we now have a twofold problem, not only do we get this from Forbes and 1-2 other sides, the press at large has steered clear of this. This now gives rise to the corrupt press that we see mentioned by President Trump. We see for example that au.finance.yahoo.com mentions it (why the finance and not the tech section is another cause for concern), yet the fact that the Australian three (Channel 7, 9 and 10) remains silent (according to Google Search) is additional cause for concern.

Yet all is not good on several levels (at http://www.bbc.com/news/technology-39077611), we see “Chief operating officer John Graham-Cumming said it was likely that in the last week, around 120,000 web pages per day may have contained some unencrypted private data, along with other junk text, along the bottom“, now considering that the BBC article got to most of us on February 24th. Forbes gives us another time line. The quote “The greatest period of impact was from February 13 and February 18 with around 1 in every 3,300,000 HTTP requests through CloudFlare potentially resulting in memory leakage (that’s about 0.00003 per cent of requests)“. It admitted that the earliest date memory could have leaked was September 22nd 2016. CloudFlare also said one of its own private keys leaked, one for internal machine-to-machine encryption” implies that the damage could have started as early as September 2016, which gives us a security gap surpassing 5 months. That is a very different kettle of fish that Cloudflare is trying to present to the BBC. I will agree that ‘as early as’ does not imply that it happened this early, but ‘memory leakage’ should never ever happen, so there is a massive issue with the safety and security of hundreds of sites and we are not talking about small places either, we are talking about companies that have values now surpassing some of the Fortune 500. In that case 0.00003 per cent of requests, knowing that this over 100 million requests per day could imply 300 codes and blocks of confidential data per day. And in all that, it only requires one block to be the wanted block out in the open for others to go at the throat of those losing their data. It represents a clear and present danger to data accounts and websites. And even now, the news outlets remain predominantly silent on an issue that is so important on many levels.

So when I see that the Mirror gives us “‘That’s how dictators get started’: Trump slammed for suppressing press freedom as White House bars some media from briefing“, the NY Times gives us “Trump Is Damaging Press Freedom in the U.S. and Abroad“, yet they remain VERY silent when there is a serious technical issue with the safety of websites online. The information is limited to Forbes, the BBC and USA Today, whilst Forbes is not even a newspaper, so where are all the others? It seems to me that after the 2012 Sony PS4 debacle the Newspaper should have learned, but that seems to be a lesson far far away. Whilst one does not imply the other, that the lack of reporting dos not mean that President Trump is not attacking the Freedom of the Press, yet after all the junk that transpired regarding News of the World, when the Guardian and others started to cry regarding Freedom of the Press, the Mail Online was up to no good even before the ink of the verdict had dried. In that atmosphere, the press is claiming foul? They must be out of their minds.

What is now an issue is that the visibility of this danger needs to be spread fast and those working on the possible compromised systems need to make changes and alter the approach to data and fat, before long term damage is handed to competitors. All these issues as people wanted to push the cloud faster and faster, an issue myself and several others warned against. Now we have the scenario that needed to be avoided. Yet, in equal measure we need to realise that actual damage has to the best of our knowledge not been ascertained, there might not be any danger at present, yet the optional fact that this has been going on for 5 months makes that statement of no damage very unlikely.

The question that will be rising more and more is where the press is at and why they kept quiet on something local businesses on an international level had to be warned about, is that not weird? Does that not pose any serious questions on your side?

 

Leave a comment

Filed under Media, Science

The rights of one person

Where does the rights of a person stand? Where do we draw the line of reason? These two questions came to mind when I saw the partial readable news in The Times with ‘Asbo woman fears eviction for moving bins‘ It could be seen that there is something amiss, but where does the problem lie? You see, when I was looking into Brexit dangers, the quote “A 61-year-old woman who has been warned about antisocial behaviour claims that she is facing eviction after neighbours made 15 complaints about her for “offences” including moving bins and supporting Brexit“, in addition we see:

  • Over the past seven years, Anne Maple has been sent eight antisocial behaviour notices by Lewisham council.
  • Three ordered her to stop interfering with dustbins.
  • She was warned against displaying “inflammatory” notices after putting pro-Brexit and Conservative election posters in her window.

In this my first response would be that Jim Dowd, the MP there wakes up and takes a personal look at this very case. In the first, is there a law against putting a conservative poster in her window? What kind of people are there in Lewisham to take such offense, Labour minded people perhaps? That is off course as long as there is no housing law against it, which would actually be a breach of the freedom of speech! Now, there is no case I can make against the dustbin issue as I have no idea what actually happened and to what degree. Yet the fact that this is about a 61 year old woman, who is actually making these complaints? In addition the fact that more than 3 anti-social notices were given by the council themselves, I think it is time for Jim Dowd to do a little less posturing, especially when sauce bottles are looking very distinctively different! Mr Dowd should actually take the morning to visit Ms Maple and have an actual conversation. That is, unless he is too busy posturing towards his next election. And the threat of eviction because a person was in favour of Brexit? Is that area filled with sore losers perhaps?

It is nice that The Times is stating that there have not been any conviction, yet these acts against Ms Maple could be seen as Psychic Assault. Perhaps the people making the registration, should inform those complaining that in light of the number of instances, that they could face the consequences of Psychic Assault (although the UK doesn’t really have proper protection in place), which is for now a little bit of an issue. Still the situation remains that the Lewisham Council seems to be no more than a convenient portal for harassment. (Read: taking offense to Brexit and Conservative posters pretty much qualifies), in addition, if no offense was given to Labour Posters in windows anywhere in Lewisham, it now becomes a council act of discrimination as I personally see it.

Yet, even as we see this, the Miss Maple case was not the one that this was going to be about, but it is actually closely related to the matter at hand. You see, the papers are full of deportation articles, it is the Barclay brothers spreading fear. Sir David Rowat Barclay and Sir Frederick Hugh Barclay own these papers, so I call them in charge, even as I know that Aidan Barclay is actually managing pretty much anything they have in the UK (several billions worth I might add). You see, Owen Bowcott at the Guardian stated it perfectly when we see “Mass deportations of the estimated 2.9 million EU nationals living in the UK would be impractical and they should not be used as a “bargaining chip” in Brexit negotiations, the government is being warned“, this is where I see this happen. Emotional reports and statements from Bremainers getting desperate that any alternative is null and void. First of all there is the Immigration Rules on Family and Private Life (HC 194), which the Home office has here: (attachment).

When we get to the best interests of the child, we see: “arrangements are in place to ensure immigration decisions are made having regard to the need to safeguard and promote the welfare of children who are in the UK“, now when I reflect that in regards to the Guardian article (at https://www.theguardian.com/politics/2016/dec/28/dutch-woman-with-two-british-children-told-to-leave-uk-after-24-years), where we see “A Dutch woman who has lived in the UK for 24 years, and has two children with her British husband, has been told by the Home Office that she should make arrangements to leave the country after she applied for citizenship after the EU referendum“, yet when we consider the Home office paper, the interest of her children and Section 55 of the Borders, Citizenship and Immigration Act 2009, where we see in section 55(6): “children means persons who are under the age of 18;“, both children fall into that category, we can argue that the Home office as presently interpreted failed in that assessment, in addition, that this family for 24 years have paid their taxation, have become a part of British society, it is there that we see the notifications from the Home Office seem to be either a careless failure or an intentional attempt to raise fear. I feel that no other direct impression remains. Even if we accept: “European citizens marrying Britons do not automatically qualify for UK citizenship under current rules“, the Borders, Citizenship and Immigration Act 2009 clearly provides in case of underage children which was applicable from the earliest moment on. We can also raise the issue that the 85-page application form for “permanent residency” will become an issue a few hundred thousand times more, so we can state that there will be a blooming business for immigration agents in the UK soon enough.

In all this the rights of one person are currently in danger because certain elements have been left out of too many media outlets for too long, we have forgotten where the media itself was. The Conversation gives us (at http://theconversation.com/hard-evidence-analysis-shows-extent-of-press-bias-towards-brexit-61106) a much clearer view, where we see the Bremain tainted side in blue and the UKF*ckOff (read: Brexit) in red. The fact that the Times is by far the most balanced one yet remains slightly Bremain is pretty awesome to some extent. In all this we all forget that as the least reputable sources (the Sun, Daily Mail and Daily Express) are more widely read and reaches a much larger audience. My view is not incorrect, yet massively incomplete. You should take a look at the Conversation article by David Deacon, Dominic Wring, Emily Harmer, James Stanyer and John Downey because it is an amazing piece of work, and nearly all of them professors (oh, whoop di do). The end result that we see is “when weightings for circulation are factored in, the fact that the highest circulating newspapers have tended to support Brexit means that the gap between the two positions widens into a substantial difference of 18% pro-Remain and 82% pro-Leave“, which is scary!

My reason for remaining ever so slightly in the Brexit field was not on any of those merits and it is perhaps the one part missing here, mainly because it is perhaps not part of the view these people looked at. My view grew based on the actions of others, the inactions of several others and the denial of even more people. The actions of Mario Draghi gave view that Bremain would be too dangerous. The invoice that he would instill on all would debilitate too many, making all mere slaves with implied false freedom. We all become the cogs of the engines of financial institutions and big business whilst the wealth is removed from the people more and more. Servitude to Wall Street! That would be the result and I never signed up for that and I know most Europeans have never signed up for that. In that regard, it is equally interesting how the spokesperson (Prime Minister Joseph Muscat of Malta) considers that “Britain should be made to answer to the European Court of Justice (ECJ) during the process in order to smooth the path for leaving“, it is my question to what regard. You see, the European Court of Justice has clearly intentionally skated away from the issue of a nation leaving for 2 decades. Mainly because no one believed it could ever happen and it is there where we see that the European Court of Justice (ECJ) has utterly failed! When we see “Any member state may decide to withdraw from the union in accordance with its own constitutional requirements”, checks and balances should have been put in place. Perhaps people remember on how ‘Grexit’ was such a big deal. Perhaps you all remember 2012 when people like Roubini stated that Grexit would be possible in 2013. So when I published the paper I found by Phoebus Athanassiou, stating that expulsion from the EU and the EMU wasn’t even legally possible (published in 2009), how betrayed did you feel? All in the media we were led like sheep, and as I saw it intentionally misinformed by those around us. Is it even a surprise that the UK wanted out? It might have started with Nigel Farage, but the issue has grown so much larger, all because the people in charge needed the gravy train to continue, the continuation of the wealthy demanding their Status Quo to remain to grow their fortunes. It is that foundation that is now very much in play. Even as this is all known, even as we have seen that the European exit must be voluntary, we see the BBC give us in June 2016 (at http://www.bbc.com/news/world-europe-36629145), the quote “the risk remains of Brexit precipitating the departure of Greece from the Eurozone and therefore possibly the EU“. At no point do I see the Greeks or the article state clearly that it must be voluntary, no legislation has been put in place ever since this started in 2012. Now we know that laws take a long time to set, but the effort regarding the trimming of the EU tree has been massively absent, why is that?

In all this we see that the rights of one person no longer seems to matter, which is weird because Common Law was clearly set to remain fair in that regard. Even for the most in Europe where civil law was key, the people had a fair amount of rights. Here now we see that the people remain uninformed, the media seems to be unable or unwilling to inform the people where their rights and what their rights are. It is my personal belief that the people are restoring a need for nationalism hoping that local laws will advocate a better level of informing the people, not tailoring to the needs of large global corporations. It sounds weird, yet this is what I believe to be the fear of many. The tax events on large corporations like Apple, Amazon, Google and IBM seem to be catalysts in all this. If you think that I am kidding in this matter, you should see “The discontent with legal tax avoidance, in the UK at least, is clear. A YouGov survey last year found that 59% of people think legally reducing your tax liability is wrong and make no distinction between evasion and avoidance“, which we got from Forbes in August last year (at http://www.forbes.com/sites/jaymcgregor/2016/08/31/apple-falls-victim-to-rapidly-changing-public-mood-around-tax-avoidance), this doesn’t just impact the branding, there are indicators that this also fueled the anger of Brexit voters. In addition, the 180 degree view that President Obama made in The Hague (2012) as he gave a speech on responsibility and then sent senior officials to oppose the tax reformation / tax accountability was no help here. So Brexiteers had a large stack of ammunition that they could hand to the people again and again. Misguiding and misinforming have been instrumental indicators in all this. There are too many sources to name, many are just mongering, yet a large amount came from reputable sources and Forbes has pointed out more than one issue in all this.

As I see it there is an abundance of work to do, some of it should have been addressed a long time ago. Even if I admit that I have not yet filled out my permanent residency papers for the UK, the fact that this is an 85 page booklet is still cause for concern. It is linked to the situation we saw earlier this week regarding the NHS, especially the Coventry ‘issue’. It has become clear that a logistical overhaul is needed in the UK. It is the hardest and most debilitating of overhauls, yet at present it could be seen as the most essential one. Consider the cost for civil servants having to get through 1,000,000 applications, which now implies that 850,000,000 pages get reviewed and decided upon. If a person is really focused and on the ball, that person will make an error once in every 50 pages, this now gives rise to the risk that every submission will have at least one error in its assessment. How efficient is that?

There are steps that can be taken to minimise this, yet it will cost in staff or technology and in both there is still the added flaw that items will be overlooked. That is the mere nature of the beast in all this. The application right of a person will be diminished, not on purpose and not with malice, but the danger is absolute and the scars that soul is left with is pretty much for a long time, perhaps even for life. How is any of it a solution?

In this we can argue that on the middle ground that automated residency is equally not an option, but the middle ground is not trotted on and that is where the solution is to be found, somewhere in the middle, which is turf that the polarised extremists (Brexiteers and Bremainers) are currently not looking, yet neither is the Home Office, or so it seems.

 

Leave a comment

Filed under Law, Media, Politics

This last day

This last day should be a day of reflection, a day of consideration. I feel none of these things as I am observing the mistakes that Marine Le Pen is now making. I get why she would get the referendum vamped up and get stronger waves towards Frexit, yet her call to leave NATO makes a lot less sense. For one, NATO still does mean the North Atlantic Treaty Organisation, France is part of that North Atlantic, she has a duty of care there (a lot less so for the EC, the EEC or the Euro for that matter). She does make a point when we look at the expansion into Eastern Europe. Let’s face it, when we look into the original line, there was Germany which goes a lot to the south, then basically it is Italy. Getting into Eastern Europe makes a lot less sense. Let’s not forget, the Americans at present no longer have the means to play this game. A fact Lockheed needs to take into consideration, even if the price of the F-35 is given without an engine ($133 million, without engine), making it basically the most expensive paperweight in history. In addition, it came with a truckload of issues in 2014, whilst the 2015 report states “the majority of the fixes and for capability deficiencies being discovered are being deferred to later blocks rather than being resolved“, with new items of concern added. I found the additional quote form the 2015 report “inherent design problems that are only becoming more obvious and difficult to fix” most amusing, so if Marine Le Pen has in mind to not go anywhere near a Lockheed design, that would make sense. Now I do not want to brag, but with all my flying hours in the Microsoft Flight Simulator (2004), I might actually beat that latest flawed Lockheed F-35 with my experience in a Mikoyan MiG-35 (OK, I am bragging a little as I have never flown ANY jet in my life). What is the issue is that the politicians have not kept a good accord on the military abilities of the armed forces, not the people mind you, but the equipment they get stuck with. As such we see a 1.5 trillion dollar project showing more holes than an IKEA Pasta insert (named ‘Stabil’, which is hilarious as it is also means stable in Swedish). A project $160 billion over budget and 7 years behind schedule, and these were the numbers in 2014. A defence project that was too big to kill and that is what the NATO partners have to content with?

So why these topics? The world is changing, it is changing faster than ever before and the minders of the store have been so selfish in regards to their own personal needs (read: visibility of self via ego) and achievements that the duty they had was pushed under the rug. This is how I personally see the F-35 project.

The financial sector in the UK alone these financial boys (girls also) had the bulk of the £44bn in bonuses this year, so did your quality of life increase any (the topic jump will make sense in a few moments)? Now, even as wealth increased, it did not do so to that extent. It is not that fair to just have a go at the financial sector, apart from the fact that they ended up with bonuses of 1900% more than the amount all the others got, so balance is not that much in play. That view is shown stronger as we look at Forbes this week (at http://www.forbes.com/sites/francescoppola/2016/12/28/greece-the-game-is-on-again/#2585dbd946e5), the quotes that matter here are “Euclid Tsakalotos, the normally mild-mannered Finance Minister, accused the IMF writers of “economizing on the truth”. He pointed out that the main reason why so few Greeks pay income taxes is that their incomes have crashed, and that nearly half of Greek pensioners are living below the poverty line” and “The IMF’s case is that pension cost as a proportion of GDP is now unsustainable, and further, that the creditors are not going to agree to debt relief while pension cost remains so high. It is probably right on both counts. But once again, what really matters is the psychological framing“, in that regard I will be on the side of the Greeks, but not on the side of Greece. You see when their previous governments got loans and misrepresented their value, they had zero consideration on what pensions were in regards to the loans that they were getting under false pretense, in that regard, did any of those politicians go to jail? Did they refund 90% of their incomes? I am certain that the answer to both is ‘No!’, in addition those elected officials are sitting pretty and nowhere near the poverty line. Yet in all this the hardship is not over, in addition, the facts (as I personally see them) requires a little more digging, especially when I read “Attica Bank, the country’s fifth-largest lender, was poised to install a new management team he thought was capable of turning round the struggling lender” which were the thoughts of Yannis Stournaras, the governor of the central bank of Greece, which was followed by “While he was in the air, the government in Athens reversed the decision to award the job to Mr Pantalakis. It was his introduction to a web of allegedly related events, ranging from a raid on his wife’s business to an unsuccessful bid for TV rights backed by Attica loans“, this gives the implied issues on Yannis Stournaras, which gives more cause concern when we see “A confidential report on Attica carried out this year by the European Central Bank, the Eurozone’s top bank supervisor, and seen by the Financial Times, cited “severe findings” of poor governance and inadequate controls on lending. With some 70 per cent of its loans rated as non-performing, Mr Stournaras and others believed Attica urgently needed a professional banker at the helm. Government sources denied any intervention in the process to select Attica’s CEO” (at https://www.ft.com/content/aab0aaba-c6db-11e6-8f29-9445cac8966f). The implications are on a few levels especially in the light of ‘government sources denied‘, there is a mess on a few levels and the idea that personal needs were adamant in decisions is not without probable cause. The levels that are in question cannot be set because too much information is missing, but there are issues, make no mistake about that.

These issues connect, not directly but in the view of national voters, governments have made absolute shambles of their nations giving power to those with key wealth management options, in that need those who need to be at the helm are politicised and set to markers that are off the table and outside of the scope of visibility to scrutinise, whilst the presentations are showing markers that do not fit the person best suited for the job, in that Greece is not the only place with such issues. In the UK Mark Carney is facing similar issues, yet in the opposite direction. The best person for the job is the one the elected government seems to have an issue with. The independent (at http://www.independent.co.uk/news/uk/politics/bank-of-england-mark-carney-theresa-may-attack-monetary-policy-tory-conference-speech-a7380016.html) gives us “Mr Carney argued that the monetary policy pursued by the Bank in recent years has had a positive impact that is “without parallel”, despite the Prime Minister using her speech to claim it had led to “bad side effects”“, in addition we see “Since quantitative easing was first introduced in the economy in 2009 … there’s been 2.6 million jobs created, GDP is up 16 per cent, per capita income is up 9 per cent and this is following a trauma in the economy“, we might see this as good news, but the good news is in the UK not dripping down to the other people just yet. In addition, the dangers will change if sharp budgets are not maintained. Getting the debt down is an absolute first, it will have additional benefits down the road, yet the initial benefit is that money could go to other destinations than paying for the interest of the debt, the interest of a debt amount that is currently in excess of 1.6 trillion. This was not the first attack, Michael Gove had a go at England’s Marky Mark in October. It is always nice when a person is called arrogant, especially when that person has proven to be amongst the very best in his field on the planet. I myself had had some issues in the past with Mark Carney, yet not against the man, but the economic issues that the UK faced because of actions (read objectives) pushed for by politicians, however his speech in the House of Lords showed him to be the expert he is and he nearly got me away from the Brexit team. Yet Mark Carney himself states it very well when he said: “Politicians have done a very good job of setting up the system. Where it can be difficult, sometimes, is if there are political comments on our policies as opposed to political comments on our objectives“, in this we see the issue that is part of the problem. as the politicians set up the objectives, they are then confronted with the policies from technocrats and those two groups do not see eye to eye, so friction goes back and forth, the Lockheed F-35 lightning is an excellent example here, in addition that part got an extra iteration as the military requirements were added by yet another group (read: the military). In all this the political objective is hampering the essential need against ‘it needs to be done by date X for no more than amount Y‘, which gives us the political joke that the NHS IT project was. A present from the Labour government which boiled down to a £11.2 billion wrapper around an empty box. Two projects set through objectives that ended up being off the wall and the back and forth friction that resulted in something unmanageable and non-functional. I reckon the political side of both events needs a new level of scrutiny, one that we have not considered before. In that regard having people like Mark Carney around is essential for the wheels of a state to remain functional, because if there is one clear thing, it is that America lost that oversight some time ago, before this Democratic Administration, the previous republican one lost sight of the needs and the accountability of the intelligence network and data processing side no later than 2006, we can all agree that the 2007-2012 total budget of $435 billion was money massively spent in all the wrong ways. This was shown in a Foreign office document that was quoted in an article stating “Army officials, though, said Palantir wasn’t up to the job. Now, a 57-page report by the Pentagon’s acquisitions arm basically says the Army was wrong to dismiss the Palantir system. The study instead gives Palantir high marks on most of the Army’s 20 key requirements for the intelligence system, including the ability to analyse large amounts of information, including critical data about terrorist networks and the locations of explosive devices, and synchronize it in a way that helps troops on the ground combat their enemies more effectively“, so there too billions were spent when millions could have sufficed. When the EGO of an individual with the power to decide is on the line, the results could be disastrous. In my personal view, if we accept the wrongful spending of 25 billion, how many extra troops could have been saved by adding fire support groups to those in IRAQ in those years? How many of the 4486 fatalities could have been prevented?

Politicians, advisors and ego are a really dangerous combination in many ways, even as we look at what is coming now, we need to be mindful of the changes that some are pushing for. Even if we are in favour of dropping the EC altogether, pushing NATO boundaries might not be the best solution. France might be privy to one of the better intelligence machines, that machine is also dependent on the intelligence it is fed from allies, an essential element that will fall away when NATO does, Marine Le Pen should be very mindful of that.

Yet this year and more important 2017 will go beyond Frexit. There is still a large debate on the Netherlands making any move away from the European Community, the numbers require people to be realistic on what will happen, yet those numbers are nowhere near the numbers Brexit had, so it is still unlikely that this will happen at present, no matter how certain Frexit will be. Italy might not have any manoeuvring space, it requires a massive infuse of funds, when we see the Reuters quote “An Italian government official told Reuters on Tuesday that €20bn earmarked for the rescue of the Italian banking system should suffice“, we need to wonder in how much trouble Italy is. This question is raised as we see Banca Monte dei Paschi di Siena will issue €15 billion of debt next year (source: RTE). So we see another iteration where “The Treasury may have to put up around €6.6 billion to salvage the lender, including €2 billion to compensate around 40,000 retail bond holders“, so, how exactly is it acceptable that people ‘invest’ with a risk, yet when that risk comes calling, they still get compensated? How did any of us ever sign up for that?

Anyone who mentions that it is for the good of all is of their rocker plain and simple. Here too we see connection between France and Italy, mainly that the Natixis Global Asset Management (NGAM) thought it was a good idea to list Banca Monte dei Paschi di Siena as a major purchase right next to Ubisoft. I reckon a little less ‘lack of nationalism’ and putting all of that cash in addition to the other amount into Ubisoft might have been a decently better idea. I feel certain that next year when we see the ‘Top Ten Holdings’ in the Natixis report will not make mention of Banca Monte dei Paschi di Siena, which could just be me though.

So in this last day we see that we have quite the collection of choices to deal with, some good and many bad ones. Yet no matter what is happening, no matter what will fall, there is a decent indication that unless changes are made 2017 will not be a good year. I might be too negative to see some level of collapse in Q2 (no later than Q3) in the next year, yet the proper setting and if the key players are willing to forego ego and focus on cooperation, they would be setting the stage for a lucrative 2018, that is beside the initial technological presentations of the new age of G5. G5 will be the pushing power in IP, especially Trade Marks, yet that path is also loaded with new growth opportunities for IT and developers as they start setting the tone of what 5G could personalise, it will be the first firm push to switch providers to SaaS. That is almost without question, the degree to it happening is very much depending on actual cooperation. In that the Telco providers need to realise as per immediate that thinking SaaS whilst selling Paas and charging IaaS, which sounds nice on bonus day. Yet the boomerang effect is that clients will walk away a lot faster and they will also automatically entice 10 personal connection to not seek the services of the telecom provider being that stupid. Infrastructure as a Service is almost a thing of the past. It seems weird, because there should be space for it, yet in our new outfits we see that infrastructure is a long term commitment and with annual mobile purchase the people have learned to be as flexible as possible, so the limited mobiles that some sell (32Gb instead of 64Gb editions) is why people are realising to walk away from those offering limitations instead of solutions. It is at times harder with Platform as a Service. You see, PaaS might sound nice when we see Apple and SAP connecting, yet the bulk of the revenue will be the smaller fish in the pond, the small players will be 80% of the revenue, one can argue the actual taxable cake of government will be largely depending on those players and for them IaaS is a laughable solution when they are trying to get as much as possible in the first few years and those smaller players want as much flexibility as possible taking to some extent PaaS from the table. SaaS will be solution of choice and those now adhering to that need will fall short in 2018 and they are unlikely to be part of anything in 2019. In that we see the government need of objectives that cater to what the SME’s need. A mere application of supply and requirement. You might think that this is not connected to the previous parts, but it is. When we see the NHS, Banks and government, their needs to address their audience, they need to consider that no matter the infrastructure or platform for communications, they all need to see that their clientele is no longer rigid, no longer bound to certain paths for the simple reason that the infrastructure of places like the NHS can no longer deal with. It is by definition a mobile customer base that needs addressing, this means, or at least implies that the SaaS solutions require a wider setup, other paths of non-repudiation and a very different approach to data, its quality, its controls and the application of the results in any report or estimation towards costings and profit. It is a path of contribution, which is set as revenue minus costing.

For the better part an entirely new path in a setting that has for too long been about a rigid collection of data, which when compared to a setting in a flexible framework no longer holds a candle and will come with the implied death of data quality. in these places there will be a growing need for a data team that has the sole purpose of managing the quality of data, this path is one that IT has never worked on to the degree it had, because in the past systems were set in concrete and after the correct data pass had been made, the data usually would not require ‘resetting’ it in another framework, a change that will be almost evident in the systems we will see start in the next 4 years. There, for some the problem becomes that they have never contemplated the changes, which now also means that once they go into the deep of it all, the time required and the resources required will be a lot more draining than ever before. It is in that path that we see the danger of politicians and technocrats in the required path of objectives and policies. As there is plenty of evidence that so far this track record is not that great, we will see a squandering of funds and a dangerous curve of unprotected data whilst no one will be actually held accountable for the transgressions against those consumers aka victims.

So on this last day there is no way that any solution will be found, just take in the information and next week wonder what on earth is about to hit you, there is some speculation in this, yet I believe that the ‘objective callers’ (read: politicians) will rely on the word ‘glitch’ a lot more than ever before, it might just become the most popular word for 2017.

 

Leave a comment

Filed under Finance, IT, Media, Military, Politics

Rephrasing a Minder

Politics tends to be filled full of weird and crazy people, from my point of view those people tend to be members of the Labour party. That view got a new light in the article ‘Labour calls for closer scrutiny of tech firms and their algorithms‘ (at https://www.theguardian.com/business/2016/dec/18/labour-calls-for-regulation-of-algorithms-used-by-tech-firms). Now, there are two sides to any equation, so let me give you the two that I have.

1. I believe that tech companies have been facilitators for too long, many will not accept any responsibility for way too much. On the other side, I do believe that the only working internet is a free one. So when I read the words from Shadow minister Chi Onwurah, I honestly did not regard her to be anything more than a person seeking the limelight. It is equally important to realise that she is using last week’s amazon debacle in Scotland, with questions how that relates to regulating algorithm, it’s a mere application of employment law, is it not?

From the quote: “The outcomes of algorithms are regulated – the companies which use them have to meet employment law and competition law. The question is, how do we make that regulation effective when we can’t see the algorithm?” I feel slightly cautious to call Chi Onwurah a joke, there is a chance that some of this was lost in translation, if not, she has a larger problem to deal with. That problem will be clearly visible when she decided to look into a mirror. So why to look at my point of view?

You see, there are no regulations on algorithms, they are basically formulas with a solution. In addition she states: “greater scrutiny of the mathematical formulas that now control everything from the tailored news served to Facebook members to the speed at which workers are required to move around an Amazon warehouse“. I think that we need to look a little closer at the last statement. You see, it is highly likely that any staff members would need to meet a certain amount of jobs for shipment and delivery. Yet how feasible is that requirement? I can’t tell from the description that was given a week ago, too many variables missing, that does not make the approach regulated. Yet like in any job, workers have ‘responsibilities’, yet more important, they have rights. These are clearly set in most countries of the Commonwealth, so how does that equate to apparent regulated algorithms.

2. The openness of any system will silently advocate the abuse of it. A not so good example was given by the Guardian (at https://www.theguardian.com/technology/2016/dec/04/google-democracy-truth-internet-search-facebook), where we see ‘Google, democracy and the truth about internet search‘. We get Carole Cadwalladr with the quote ‘and this was Google’s answer: Jews are evil. Because there, on my screen, was the proof: an entire page of results, nine out of 10 of which “confirm” this‘, which started with typing 7 letters ‘are Jews’, which is an issue from character one onward. She then tries to dilute the issues by setting the image of the search of ‘are women evil’, probably to ease the tension, but the damage is done, short-sighted (as I see it) she continues. So whilst she wastes two paragraphs on titles of the slightly anti-Semitic nature, which she then sets in an atmosphere as “I feel like I’ve fallen down a wormhole, entered some parallel universe where black is white, and good is bad. Though later, I think that perhaps what I’ve actually done is scraped the topsoil off the surface of 2016” and she ends with “This isn’t a secret Nazi cell lurking in the shadows. It’s hiding in plain sight“. As I personally see it, she is the person who has been standing behind an iron for most of her life and now she sees her first microwave, a cliché if I ever saw one.

You see, the article goes on for some time and there are really good parts in it too, although the spatial map is a bit of nerdy space we could have gone without, the issue I never see properly addressed is that the term ‘are women evil’ and on number one is a WordPress blog, literally with the link ‘sheddingoftheego.com/2015/06/25/are-women-evil/’ and the title ‘Are Women Evil?‘ literally a perfect match for what the person was seeking. Google worked perfectly. What is ignored and what influences many sights, especially on how Google Rankings are influenced. Now Google has a way to counter it, yet this is not immediately done and it is not perfect either. Places like Reddit are actively working on posting whatever they need to raise their ranking and the rankings of their customers. It is interesting that the Guardian, the Huffington Post and Forbes take absolutely ZERO time to explain the games that SEO’s are playing to influence ranking through scripts. because it is in the end what someone was seeking for, yet the fact that this is the direct value for SEO’s and terms like ‘Tips on how to improve your website’s ranking on Google’s search engine results’ were also ignored in these articles giving rise to the one sided and unbalanced view the press is giving, whilst those in the digital media all know that this is done and those who are doing it usually have a massive tag list ready to add to EVERY story they write.

So when we see the quote “Many search results are now reinforcing extreme views, with articles denying the holocaust or disparaging women increasingly appearing at the top of the rankings“, we need to wonder Chi Onwurah should even be allowed to be Shadow Minister of Department for Business, Energy and Industrial Strategy, or Just the elected MP for Sesame Street. By the way, what I did not know is that this department is also responsible in the area of Intellectual Property, so if Labour ever wins, we need to get scared fast.

So getting back to the MP in my sights, it is important for her to realise not just what a google search does and what it shows, but the elements that influence it and what happens under the real guise and the influenced guise of what people are looking for. By the way, her article acted for possible millions of additional clicks, because she raised the issue, whilst not raising the alert of how the numbers get influenced. So, as we go down the article, we do need to stop at a part that matters a lot. This is seen in the quote “Social media platforms are being blamed for allowing the spread of misinformation and online abuse, conditions which some argue are fuelling the resurgence of extreme politics in America and western Europe“, which is a fair point, yet as bullies and trolls can hide behind the freedom of speech without accountability, there is little chance of this changing, in addition, this isn’t a transgression from 68 million people in the UK, it is the search result and interaction of billions of internet users on the planet, so as there is no localised situation, misinformation and online abuse remains. In addition, as Chi Onwurah should clearly realise, when we see webpages with quotes like ‘Millions of People Are Cancelling Their Netflix Account Because Of This One Site‘, whilst the link looks like a cookie 2 miles long, all set to improve visibility. The media at large, including the UK make use of professional cookie, tags and ranking strategies and all kinds of advertisement counters, so when she is talking about regulations, setting anchors against the exploitative use of cookies might not be the worst idea. In addition to that thought, whilst labour was in office, they did zero to get the tax accountability rolling on corporations, so to see this quote “need to take responsibility for the unintended consequences of the algorithms and machine learning that drive their profits” in the reality of the law (the act of facilitation), she needs to realise that her statement is empty and hollow to say the least. So when we see “we need a tech-savvy government to minimise the downside by opening up algorithms to regulation as well as legislating for greater consumer ownership of data and control of the advertising revenue it generates“, she is not unreal, she is utterly unrealistic for even considering to open up that tar pit, because once we see that regulation come to ground, the economic algorithms are the first one we will have a go at and at that point, when that reality comes knocking, she will soon be the loneliest politician in the history of the UK. In addition, is it not interesting how Bing was not mentioned once in all of this? Why is that Chi Onwurah? Basically this is an act of discrimination, however let’s not nit-pick in an article that is already shoddy in several ways.

The software engineering reality (historically speaking) is that the Google search results and Google ranking was filed in 1998 with a priority in 1997. Lawrence Page realised that the content on the internet would be growing exponentially and as others were concentrating on corporations and corporate views the founders of Google looked at a much bigger picture, so finding anything would sooner rather than later become a massive issue.

In an age when the ‘great’ internet companies were about image and looking cool, Google started to get professional. In the days of Yahoo, Yahoo was the search engine of choice. Alta Vista, later Excite and a few others were garbage from week 1 whilst never catching up in any novel way. Yahoo started in 1994 and they were leaders for a while, and in the 90’s as Yahoo grew its value, they started to lag behind. Now the irony is that Yahoo got started at Stanford and the Google rank patent was designed and invented at Stanford too. By the time someone started to ask the right questions it was already too late and the Google patent for ranking gave them exclusivity which will last a little while longer, but others are now considering the consequence that Google Rank patent will still be in effect when G5 starts, as the issue of ranking is still growing near exponentially as more and more files are added and with G5 it will take on an additional dimension.

now we see the issues that are brought to the foreground in what I regard as a half-baked shadow ministers approach, asking ‘questions’ and implying regulations, all this whilst a below par informed level of knowledge is shown in the articles they set to press. One of the issues is actually shown in one paragraph in the Huffington Post “Finally—and this is the key point—even without human intervention, Google’s algorithm, while doing exactly what it’s supposed to do, routinely boosts one candidate higher in search rankings simply because of normal “organic” search activities“, which is the cornerstone. As we know, organic search (what you type in the google search bar) is used, yet what happened when this is done through scripting? What if a few of the 200 parameters gets influenced from outside though scripted actions, again and again? That part was never clearly mentioned, but it is the bread and butter of nearly every SEO, to get the position and ranking of their clients to the very top, in every possible way and method and the shadow minister does not give any visibility to it, the visibility it requires and deserves.

That is the flaw in all this and this is the need to rephrase a minder, a minder who as I saw it never understood the plot, or she did know and she was misinforming the readers to some extent, yet how much requires misinformation and was that not what she was accusing social media of? So as we await Labours industrial paper, we will have a few more options to have fun of labour especially as they define supervision whilst again not getting any results in proper corporate tax legislation, not even as suggested proper corporate tax legislation.

taxformulaSo should we see the taxation algorithm for large firms where x is the taxable amount, b is revenue and a is tax deductible options, you know that it is not just the regulations of algorithms she got wrong.

 

I’ll let you decide.

 

Leave a comment

Filed under IT, Law, Media, Politics