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Comment Re:such yield, very profit (Score 1) 94

I've always been fascinated at the high valuation of non-voting, non-dividend-paying shares.

You can make money on the stock in more ways than dividends. For example, Alphabet is also buying back stock. People who invested at a lower stock price and now sell back at the higher have made money. Normally, buybacks tend to concentrate control of a company into fewer hands, but, since these are already non-voting stock, in this case, it doesn't change this.

Comment Re:Better solutions exist (Score 1) 95

No, you misunderstand completely. It's not disallowing anything.

It simply allows someone who is buying a business to negotiate a valid non-compete with the seller. This negotiation would take place at the time of the sale. The seller can refuse to accept the non-compete. They buyer can also refuse to buy without the non-compete.

Comment Re:Idea: Selective noncompete clause (Score 1) 95

I'd propose a selective noncompete clause: the noncompete clause limits employees from migrating to relevant companies, but only if the companies have noncompete clauses that would prevent the reverse direction. Tit for tat.

We know what would happen in that case: non-competes all around. A few years ago, a bunch of companies in the SF Bay Area (such as Apple, Google, Adobe, etc.) were sued because they had agreements to not hire from each other.

Comment Re:F1 & Gardening Leave (Score 1) 95

I think you have misunderstood "gardening leave". Most Formula One employees are in the UK, so it's UK law. In general non-competes haven't traditionally been used in the UK, but this seems to have changed in recent years.

However, a one-month or longer notice period has been common in the UK. It was quite typical for employees to give a one-month notice and their employer telling them to to stay home for that month. That's gardening leave.

Gardening leave was usually only required when moving to a competitor. I knew someone who got gardening leave by refusing to name his new employer and the old employer gave him a month of gardening leave out of caution.

Comment Re:Better solutions exist (Score 1) 95

Care to point to a sensible use of them?

The California ban on non-competes has an exception, which is probably the only valid reason: If you are a business owner and you sell your business to another company, the contract for that sale can have an enforceable non-compete for you (but not your employees).

Comment Re:Orders of magnitude (Score 1) 157

Maybe, but he's right. You buy into some new tech and there is a chance you'll have backed the wrong horse.

For anyone who bought a Mirai, it was obvious that they had backed the wrong horse before buying. Either the buyers did no research or they trusted Toyota's reputation far too much, or (more likely) both.

Tesla had started building the Supercharger network a couple of years before the Mirai was introduced and Toyota was clear that the Mirai was a car to be used in limited locations. You might not make it between San Francisco and Los Angeles because the Harris Ranch hydrogen station may be offline.

Comment If there really is too much solar during the day . (Score 5, Insightful) 335

If there really is too much solar during the day, why are there special, cheap rates to use electricity at night? Why aren't the companies like PG&E asking the CPUC to change rates in such a way as to balance out this supposed surplus?

Yes, there are a few days where solar produces too much, but its limited in time. It's not the whole year. Note that the period shown in the graph (March to May) is the time of year that probably experiences minimum electricity usage in California: it's not so hot that A/C is used extensively.

What's really going on: investor-owned utilities and generators want to maximize profits and solar is getting in the way of that goal.

Submission + - Toyota's hydrogen future is crumbling. Owners suing. (insideevs.com)

whoever57 writes: Toyota Mirai owners are fed up and disillusioned. Hydrogen fuel pumps are hard to find and, rather than new pumps opening, they are closing down. Owners feel misled about the costs and availability of hydrogen fuel stations. Even if a Mirai owner can find a fuel station, it may not be operating.

Moreover, refuelling is frequently a long and problematic process, with pumps taking over an hour to fill a tank and cars getting stuck to the fuel pump for hours. It would be quicker to charge a battery EV.

Naturally, resale values of these cars are plummeting. Even without those problems, once the hydrogen fuel cars that Toyota gives now owners has expired or is out of funds, the hydrogen fuel is very expensive.

Comment Re:Surprised? (Score 1) 6

I have Frontier at home. It is actually fast. My Ethernet-connected computers register both upload and download speeds close to 1Gbps.

But, just about every evening, or night, it goes down for 1 to 5 minutes. Strangely, the router also seems to shut off the WiFi at this time, which means that some connections within my LAN fail.

I did not experience these dropped connections with Comcast. Comcast's upload speeds were utter crap, but the connection typically stayed up for many months.

Comment And by "Microsoft Account", they don't mean ... (Score 1) 162

... they don't mean "Microsoft Account".

I was setting up a new laptop for a colleague. We have Office 365 (or whatever it's called today) for company email, etc.., but my work account was not accepted. My work email is clearly what I would call a "Microsoft Account", but apparently Microsoft doesn't. I assume that Microsoft doesn't allow the use of this account because they would really prefer us to use the [expensive] Azure AD, or whatever.

I was able to set up local accounts after trying "a@a.com" (rejected) and "f*ckyou@f*ckyou.com" (rejected, but allowed me to proceed to to setting up a local account.)

Comment Re:How would they scan it twice? (Score 1) 19

If you can't read the article, read the summary at least before posting:

... casino manager Nicholas Weeks explained that it is possible to insert two receipts into TICO machines. That was a feature, not a bug, and allowed gamblers to redeem two receipts and be paid the aggregate amount. But a software glitch meant that the machines would return one of those tickets and allow it to be re-used

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