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Comment: Re:driving farther to get to work (Score 2) 187

by stanjo74 (#46424863) Attached to: Is Traffic Congestion Growing Three Times As Fast As Economy?
Also, gentrification is a big factor - lower-middle and in certain coastal areas, middle class people are being displaced, seeking more affordable homes further from their communities and work. Although the housing market is still a mess on average, certain coastal areas have appreciated above their 2006-7 peak, due to the ultra-easy monetary policy of the Fed.

Comment: Re:How do they break even? (Score 1) 280

by stanjo74 (#46327987) Attached to: Who's On WhatsApp, and Why?
Or just make another free account in an year and have your limited number of friends switch to it. As someone else pointed out, people in the countries where WhatsApp is huge has never made an online payment in their entire live. To them $1 is just as unpayable as $100 - because they lack he infrastructure to make the payment.

Comment: Re:CNN argues it's worth the money (Score 2) 257

by stanjo74 (#46300727) Attached to: WhatsApp: 2nd Biggest Tech Acquisition of All Time
The whole business model of WhatsApp is based on the premise to be purchased by a rich Internet/Social Media company. They already sold to Facebook. If they start another one against their parent company, who's going to buy them again? Running something like WhatsApp is not a sustainable profitable business - you need the LBO end-game.

Comment: Re:Crypto COMMODITY (Score 1) 475

by stanjo74 (#45728915) Attached to: Bitcoin Exchange Value Halves After Chinese Ban
Absolutely right. Bitcon in NOT a currency, until a country starts receiving tax payments in it. The definition of currency is "a system of money in general use in a particular country". Gold used to be a currency when countries would take it to settle obligations - now it's a commodity. Same with Bitcoin - it's a commodity and a store of value, and you still need to sell it for a currency to settle your capital-gains tax obligation on it.

Comment: Re:Nokia was RIPPED OFF! (Score 2) 196

by stanjo74 (#44897273) Attached to: Nokia's Elop Set To Receive $25 Million Bonus After Acquisition
very simple. The bigger and older the company, the more proxy voter shareholders it has (traded on the secondary exchanges to millions to people who own only a handful of shares each). These shareholders have no clue what is going on in the company they own. They let the board and executives run the show unabated.

The real game is played at the board level and executives. The company itself is just a stage - nobody cares about the company in the long run - one can always incorporate another. The board and the executives care about the company as a mean to an end - to make money off it. How the money is made - it doesn't matter. Sometimes money is made by making product and selling it; sometimes money is made by selling out; sometimes by liquidating and golden parachutes.

A successful public company is that makes the board and the executives rich. Products, employment, etc. is just secondary effects, to make things look not too sociopathic.

Comment: Re:"they can't type, they can't create documents" (Score 4, Interesting) 618

This was modded funny, but is actually insightful. Not many people are producing content (documents, drawings, etc). Everyone is consuming content - video streaming, web browsing, casual gaming, social media + some basic typing/input . Apple bet on the latter group and created a product that does this very well - zero administration, no viruses, safe applications.

People who need to create content already used specialized software and/or machines (aka PC, workstation, server, etc). They are not buying a tablet to replace that.

Comment: Re:Does the professor also pay for the water he us (Score 2) 631

by stanjo74 (#43403517) Attached to: No Such Thing As a Tax-Free Lunch At Google?
Tap water and toilets are mandatory for an office - it is not a benefit.

If Google lunches were truly free, open to the public, then it can be argued it's not employment benefit/compensation - merely a charitable expense for Google. But if one needs to be a Google employee to get Google lunches, then the lunches are clearly compensation for employment, and it stands to reason that it should be taxable as such.

Top Ten Things Overheard At The ANSI C Draft Committee Meetings: (2) Thank you for your generous donation, Mr. Wirth.