BREAKING: Aramco, one of the most valuable companies in the world, is now seeking loans from the World Bank, per Bloomberg
Saudi Arabian state-backed oil company Aramco is nearing agreement with international banks on a $10 billion loan that would bolster its finances after just a few months of a war that engulfed Saudi Arabia
BREAKING: A top GOP official accidentally said on a hot mic, “If Netanyahu loses reelection in Israel, and Democrats in the US win subpoena power in both chambers of Congress, all I can say is Jared Kushner is completely, totally, utterly, historically, spectacularly f*cked.”
Lmao Flavio Bolsonaro has been without Parliamentary immunity for all of 24 hours and he has so many criminal cases going into gear that the police is already asking he surrenders his passport to avoid him fleeing corruption charges
@C_Farthammer The Declaration of Independence is literally a socialist contract… are you to stupid to understand the foundation of which the US was built on
Cuba has been under an immense blockade the US has been imposing on them for yearsFor such an unbridled intellect your IQ is room temp
Remembering some advice I received from a dotcom graybeard:
In a layoff tsunami you want to be first to look for a job. The guy who is "valuable" and hangs on to the very end finds himself looking for a job in a completely saturated market.
Go early.
Yikes. Anthropic just pulled the exact accounting trick that companies did in 2000 bubble for IPO.
They hid all their expenses via convertible notes redeemable at IPO. $108 billion worth.
Dotcom firms often paid suppliers, ad agencies, lawyers and even landlords with stock or equity to save cash. AOL swapped shares for services and ads (e.g., Homestore, DrKoop). Telecom suppliers like Lucent, Cisco and Nortel used vendor financing, sometimes with equity or warrants, to drive equipment sales.
@C_Farthammer Tell me I’m wrong. Corporations to be able to have continuous and infinite growth they need government subsidies while enshitifying every service to extract every last dollar of profit irregardless of the social outcome or they implode.