Tag Archives: Silver Lake

The fluidic hypocrisy of politicians

That is almost a given, yet there are times that we are setting the bar to below zero. As such we should have a larger look at politician as they heed and hurt gamers, whilst in other cases do it the opposite way and still hurt gamers. As an example I hand to you the Financial Review (at https://www.afr.com/technology/ea-s-australian-chief-finds-his-salary-in-the-political-firing-line-20251015-p5n2nj) where we are given ‘EA’s Australian chief finds his salary in the political firing line’ and we are given “Senior American lawmakers say the Australian chief executive of video gaming giant Electronic Arts has failed to make a case for an $83 billion sale of the business to Saudi Arabian interests and suggested he has been motivated by the promise of a significant windfall if the deal proceeds.” So, in the first. Why does he have to make a case? That might be the case, but it is a gaming concern and we have seen how gamers and gaming were called all kinds of foul (or was that fowl) and gamers were the start of nearly all things evil (I never agreed to that, but fine). As such we are given “Democratic Party senators Elizabeth Warren and Richard Blumenthal wrote to Trump administration officials and to EA, the developer of video game titles including The Sims, Battlefield and Madden NFL, with “profound concerns” about the deal led by Saudi Arabia’s sovereign wealth fund.” And I have to ask, did they open their mouths when Microsoft went to town on gamers and gaming systems? A simple question, or are American companies beyond reproach? But the story gets a little more complex and we are seeing this with “The Gulf kingdom’s Public Investment Fund has proposed to purchase the company alongside Silver Lake and Affinity Partners, an asset manager operated by Jared Kushner, US President Donald Trump’s son-in-law.” As such Saudi Arabia is merely part owner (I did not know that), as such as we are given ““While the benefits of the acquisition are clear for you, the financial return for the three investors is less certain,” Warren and Blumenthal wrote in a letter to EA chief executive Andrew Wilson, who began working for the software giant in its now closed Gold Coast office in 2000.” I wonder how this is seen when we take that sentence apart. We have “While the benefits of the acquisition are clear for you” is the first part and he is the CEO, is he not? “the financial return for the three investors is less certain” is the second setting and here I say. Why do you care? Were you two shaking your tail feathers when WiseTech spend billions on “US-based supply chain software company E2open”? I see this all as some form of islamophobia. It seems that Saudi Arabia is good enough if it fills your pocket, but if they make wise investments, something is off according to you? And with gaming, we know you never held any of it in high regards, as such I have to wonder what the game is here. In addition we were given that you apparently had “profound concerns”, as such, what were these concerns? It seems that the media isn’t giving them and they seemingly aren’t asking them either. Will Andrew Wilson have ulterior motives? I do not know, but it is likely that he has his bank account as ulterior motive and in a greed driven atmosphere that makes perfect sense, so whilst the article gives us “EA gave Wilson responsibility for reviving its FIFA franchise, and he helped create a tool that incentivised players to make in-game purchases that ultimately became a bigger revenue stream than the game itself.” As such the game made a comeback and HE DID IT and as I see it he should be allowed  to cash in. And as it stands The Saudi Arabian government and the two others see it that way. 

The greed game tends to work in any direction, not only in the direction into America, but out of America as well. But perhaps the media will give us the entire setting of “profound concerns” at some stage, because that missing piece is seemingly central in this.

And don’t get me wrong, the man was paid $280,000,000 in 12 months, as such he made more money in 1 year that I’ll make in several life times. That setting is giving him leeway, because if he didn’t live up to that income, the buy would have never proceeded and in all this we see two democrats? So, what do they bring to the gaming table? Just a small question to cleanse the pallet.

So does Saudi Arabia have ulterior motives? Likely, because they are now part owner of a $55,000,000,000 software house and as I see it (I wrote about this before) they have a massive push to bring their own streaming solution to 1.7 billion consumers and that is merely the Islamic part. As I see it, they have the option to reach a lot more and with FIFA (or whatever EA renamed it into) a lot more coming in all kinds of ways and I predicted a growth from $6 billion annual to $15-$20 billion annual in first instance, but that before they bought EA, now there is not predicting how far this goes. But as I see this, I also smirk (an essential evil) as Microsoft is losing more and more ground in more places. The draw back from the game the played and gaming is nice, but when you lose, you tend to lose big. The expression “Go big or go home” comes to mind. It comes from the setting that encourages putting in maximum effort and committing fully to a task or goal, or to not attempt it at all. And they have been playing sloppy with too many settings for too long. I remember in 1998 that they had this setting wondering “why go for 100%, when 80% is fine” I never agreed with that part and too many agreed with it, because that is the sales setting, getting them over the ‘threshold’ and now we see that others are giving it their 100% and they are setting the new markers, they are the upcoming rulers of more and that might be frightening the American ‘dealmakers’ as they forgot (willingly or not) on how to give 100% to the task. A setting that comes with divided attention.

Have a great day and enjoy the day before the politicians ruin that too.

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The losing bet

That happens, we make bets. We all do in one way or another. Some merely hurt our pride and/or our ego. Some deals hurt others and there are other settings, too many to mention. But Reuters alerted me three hours ago on a deal that will have a lot of repercussions. The article ‘US clears export of advanced AI chips to UAE under Microsoft deal, Axios says’ (at https://www.reuters.com/technology/artificial-intelligence/advanced-ai-chips-cleared-export-uae-under-microsoft-deal-axios-reports-2024-12-07/) is one that has a few more repercussions than you imagined it had. The global loser (Microsoft) has set up a setting where we see “The U.S. government has approved the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United Arab Emirates as part of the company’s highly-scrutinised partnership with Emirati AI firm G42, Axios reported on Saturday, citing two people familiar with the deal.” Microsoft is as desperate as I think they are with this deal. They probably pushed the anti-China agenda and made mention of the $1.5 billion dollar investment deal. And as we are given “The deal, however, was scrutinised after U.S. lawmakers raised concerns G42 could transfer powerful U.S. AI technology to China. They asked for a U.S. assessment of G42’s ties to the Chinese Communist Party, military and government before the Microsoft deal advances.” And we are also given “The approved export license requires Microsoft to prevent access to its facility in the UAE by personnel who are from nations under U.S. arms embargoes or who are on the U.S. Bureau of Industry and Security’s Entity List, the Axios report said.” In this I have a few issues.

In the first there is no AI, not yet anyway as such the investment is going the way like water under a bridge. Microsoft knows this as such they are betting big and they have the US government backing them. In the worst case it will be the US government putting up the $1.5 billion themselves and with the anti-China sentiment that is a likely result from this.

In the second the setting that Microsoft is banking on is a loop setting with multiple exists. Yesterday the Financial Times informed us ‘OpenAI seeks to unlock investment by ditching ‘AGI’ clause with Microsoft’ (at https://www.ft.com/content/2c14b89c-f363-4c2a-9dfc-13023b6bce65) the events are piling up and as I see it Microsoft is on the edge if desperation. You see, it all hangs on the simplest setting that there is no AI (not yet at least). What we have is a setting with LLM’s and Deeper Machine Learning and it is clever and it is a ‘optional’ wholesome solution to a lot of paths. But it is no Artificial Intelligence. You see, as all the laws are part of ethics and ‘AI’ people look around and think that there is ‘awareness’ of solutions. There are not. It is all data managed, a somewhat clever solution to people seeking an aware-like solution in data and some kind of knowledge discovery mode. It all could be clever, but it is still no AI and at some point certain people will dig it out and I reckon the UAE will be ahead of it all. Microsoft and its Ferengi approach of ‘When you get their money you never give it back’ comes with nice loopholes. You think that Microsoft made the ‘investment’ now here is the cracker. There is nothing stopping Microsoft of putting it in a ‘bad bank’ approach and make it all tax deductible and then some. And when the “artificial general intelligence” (AGI) clause is dropped there will be all kinds of attention from all over the place and no one is looking at the details of whatever they consider AI and what Alan Turing clearly considered to be AI. When the people that matter start looking and digging the days of Microsoft will be numbered. Another bubble game created and now that they have ‘enticed’ the wrong kind of people they will want their pound of dollars. And as we are given “The Biden administration in October required the makers of the largest AI systems to share details about them with the U.S. government. G42 earlier this year said it was actively working with U.S. partners and the UAE’s government to comply with AI development and deployment standards, amid concerns about its ties to China.” And in that setting Microsoft decided to be the governmental bitch to say the least. And all these media moguls are so loosely playing along and what will happen when someone digs into this. They will play dumb and say “We didn’t comprehend the technology” and it wasn’t hard. I saw it months ago, if not nearly almost two years ago. And the media was stupid? No, the media goes the way of the digital dollar, the way of the emotional flame. So as the field opens, we see all kinds of turmoil with Microsoft claiming to be the ‘saviour’ all nice and kind (of a sort), but when you look at the setting, it is my personal speculated feeling that Microsoft wouldn’t have made this move unless they had very little moves left. And in this setting the one player is forgotten. China, how far along are their ‘designs’? And in all this what are their plans? We seem to be given the setting that it is all American, but as the media cannot be trusted what is the ACTUAL setting? I have no clue, but in a world this interactive, China cannot be far away. 

And if there are people who disagree, that is fair, but the actual setting is largely unknown. So when we get to the last paragraph which gives us “Abu Dhabi sovereign wealth fund Mubadala Investment Company, the UAE’s ruling family and U.S. private equity firm Silver Lake hold stakes in G42. The company’s chairman, Sheikh Tahnoon bin Zayed Al Nahyan, is the UAE’s national security advisor and the brother of the UAE’s president.” Consider this small fact. Microsoft seems to be ‘investing’ all whilst the anti-China rhetoric is given. Do you think that anyone who is the National Security Advisor (of the UAE) hasn’t seen through a lot of this? So what was the plan from Microsoft? I am at a loss, but with the AI setting the way it actually is none of this makes sense. Do they really believe that Microsoft is any kind of solution in this setting? Simply look at the accusation that Microsoft has also been criticised for the perceived declining quality and reliability of its software. That is your partner in so-called AI? Just a thought to consider.

Well, you all have a lovely Sunday. My Monday is a mere 80 minutes away.

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What’s the name, what’s the game?

I saw the news a few days ago, and for the most it does not matter to me, but there is an awful lot of hypocrisy going around and the media is (as I personally see it) as tainted as anything else. The stage is set to Elon Musk, or better stated is set against Elon Musk. Why? Don’t really know the man, but he seems the modern day Midas. Whatever he touches turns to gold. He made an upheaval in the battery market, the mobile market, the energy market. The man is (allegedly) an inventor like me, or he can see proper innovation just like Steve Jobs. How is this a bad thing? Consider the news that he was getting involved in social media. Why not? I do not know if it is a bad idea. But he has the dough to become part of it. Yet the Sydney Morning Herald gives us ‘Elon Musk launches $58 billion hostile takeover of Twitter’ (at https://www.smh.com.au/business/companies/elon-musk-launches-hostile-takeover-of-twitter-20220414-p5admv.html) as such lets take a look at what constitutes a hostile takeover? The definition gives us “A hostile takeover occurs when an acquiring company attempts to take over a target company against the wishes of the target company’s management. An acquiring company can achieve a hostile takeover by going directly to the target company’s shareholders or fighting to replace its management” is this true? CBS gives us ‘Elon Musk offers to buy Twitter for $43 billion’, so who is giving us the truth and who is giving a stakeholder a blow job? You think this is rude? You ain’t seen nothing yet. We can argue until the sun goes down, but the setting of finance is clear. If a company is worth it, or could become worth it, you buy it. This has been the case in many occasions. Yet no one is saying that about Microsoft and Blizzard. There we get ‘Activision Blizzard/Microsoft Deal Discouraged by Letter Penned by SOC Investment Group’, how quaint.

So it was today when I saw (at https://www.reuters.com/technology/twitter-adopts-poison-pill-fight-musk-2022-04-15/) ‘Twitter adopts ‘poison pill’ as challenger to Musk emerges’, it is the Guardian version where we see “The method, known as a “poison pill” in the finance world, suggests Twitter will fight Musk to prevent a hostile takeover. It would go into effect if a shareholder were to acquire more than 15% of the company in a deal not approved by the board and expires 14 April 2023.”You see my issue is with the ‘hostile takeover’ part. The guardian gives us those goods with “Jack Dorsey, Twitter founder and former CEO, noted in a tweet on Friday that such surprise purchases are always a risk for the company. “As a public company, Twitter has always been ‘for sale’,” he said. “That’s the real issue.” Musk is already facing legal action for his Twitter purchases, with one investor suing the Tesla executive in a potential class action lawsuit for failing to disclose his buy-up of shares before the required deadline to do so. The lawsuit comes as Musk faces a number of investigations by the Securities and Exchange Commission for his investment activities, including insider trading allegations related to his own tweets.” So we see ‘insider trading’, we see ‘hostile takeover’ but we are given no real evidence of either. Merely the word ‘allegations’ that everyone is overlooking. 

The stage becomes even weirder as we consider the actions that Microsoft unleashed on the gaming industry and it is casually trivialised by too many media outlets. 

In all this the statement “he wanted to release its “extraordinary potential” to support free speech and democracy across the world.” Is trivialised by “Twitter’s board on Friday unanimously approved a plan that would allow existing shareholders to buy stocks at a substantial discount in order to dilute the holdings of new investors”, there is no real setting of who these board members are, the media seemingly forgot about that part. These members that include Bret Taylor (SalesForce), Parag Agrawal (CEO Twitter), Mimi Alemayehou (Mastercard), Egon Durban (Silver Lake), Martha Lane Fox (House of Lords), Dr. Fei-Fei Li (Stanford), Patrick Pichette (Google), David Rosenblatt and Robert Zoellick (AllianceBernstein Holding L.P.) there was a unanimous objection to the purchase by Elon Musk and no media outlet had anything from these members with the simple question ‘Why oppose?’. There might be a very valid reason, but I and all others were not informed, so what gives?

We can speculate on why it was done. Elon Musk sees that the US is going after the billionaires. As such he might be buying anything he can to drop the tax rift, and lets face it, he has been turning things to gold and Twitter is a golden idea. So whilst we see all kinds of objections on how analysts see (and say) things like “KeyBanc Capital analyst Justin Patterson downgraded the social media company in the wake of Elon Musk’s buyout proposal. Patterson cut his rating to sector weight, after being at overweight since January 2021, saying that the potential for the Musk bid to “go up in smoke” will turn investor focus on a more challenging macro environment that elevates downside risk to financial estimates.” I personally honestly do not know what will happen, but when a person buys a company, a person that has transformed several companies into powerhouses, I wonder what really is going on. It could be simple, it could be complex, yet the larger station is that people laughed at Tesla and now we see “As of April 2022 Tesla has a market cap of $1.018 Trillion. This makes Tesla the world’s 6th most valuable company by market cap according to our data.” So as I see it, the joke is on them. What was an idea is now 6th on the most valuable companies on the market and that is behind Apple, Microsoft, Aramco, Alphabet, and Amazon and as I gave voice to Microsoft, there is every chance that it will head of Microsoft in the next 3 years. And that is whilst no one has a clue where Meta will end, because they will become part of the top 7 soon enough (2024), and that too is out into the market. So I have questions and the media is not asking the board members of Twitter, or Elon Musk a clear set of questions. And all that before someone decides to ask KeyBanc Capital a few uncomfortable questions. So what is in the name Twitter, what is in the name Elon Musk and what is in the shares game being played now. No matter what is happening, I feel certain that the media will not properly inform us, that mush seems a personal given. Yet in all this we see the approximation of “to support free speech and democracy across the world”, it seems to me that Elon Musk is giving us options, options in mobile technology and energy technology. Who else has been giving us that? I see questions and no one asking them, it is weird, is it not?

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