Thursday November 28, 2024

Tough Testimony

The CEO of Colonial Pipeline is going before Congress to explain why he paid a ransom to internet attackers.  It is likely to be an unpleasant session and tough testimony.  The company wasn’t ready for ransomware and when it tied up its operations, the company folded quickly and passed 75 bitcoin to the extortionists worth […]

We’re Sorry

Indigenous people of Canada are blasting the pope for failing to apologize for mistreatment and deaths of native children. The pope expressed pain and sorrow but not the words, “we’re sorry.”  The background of the situation were Catholic-run schools to educate young indians in the ways of the so-called first world.  They were forcibly removed […]

Betting On A Dream

United Airlines will buy 15 supersonic passenger aircraft from a company that hasn’t built even one yet.  That’s betting on a dream.  The company, Boom Supersonic, wants to fly passengers by 2029, but that assumes it can get certified by the Federal Aviation Commission by then. A big if.  UA has gained a temporary marketing coup […]

Patrolling

Tesla understands social media and the damage false reports can do.  It patrols the web in China for inaccurate statements about its cars and demands apologies from miscreants.  And, it is getting them.  The company knows false statements that go viral damage its brand and sales.  It turns out some consumers who post lies do […]

Loose Lips

The US Securities and Exchange Commission has stated that Elon Musk, CEO of Tesla, has violated his agreement with the SEC to have his material tweets approved by his lawyers before issuing them.  The agency cites two violations from 2019 and 2020.  Musk has run afoul of the SEC before and that is the reason […]

Two-Faced

The French Open’s tennis officials don’t seem to know what to do with an athlete who fails to attend a post-match press conference.  World star Naomi Osaka withdrew from the tournament because she said her mental health was at risk while meeting the media.  She had previously declined to attend a post-match session after winning […]

A Culture Of Silence

Tulsa, OK is remembering the race massacre of 100 years ago when a section of the town was burned, people killed and dumped into mass graves and a community shattered.   The Greenwood District never recovered from the conflagration, and it is only now that horrors of the day are receiving attention in the media and […]

Forced March

Exxon lost two board seats to an upstart investor worried about its efforts to address climate change.  It was a stunning outcome for a company that dominated Fortune 500 rankings for decades.  Exxon’s leadership was confident in its focus on oil for energy and was dragging its feet on responding to shifts in the environment.  […]

Bad Idea Multiplied

More states are auditing presidential election ballots six months after the contest was concluded.  It was a dumb idea when Arizona did it.  It’s still not smart for other states to rehash results.  Republicans, under Trump’s thumb, can’t shake loose from the lie that the election was stolen.  The facts and truth don’t matter.  If […]

Wild Ride

Bitcoin has been on a wild ride in the past week, losing more than half of its value then recovering slightly today.  It is to be expected for a cryptocurrency that has no inherent value other than what people believe.  There is no there there, no government backing its value, no commodity like gold assuring […]