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Comment Re:Not enough suckers (Score 2) 41

Credit card companies dont make any money on the money they lend you for 50 days. In fact they lose money when you take into account the cost of acquisation, cashback etc. They only make money when people borrow more than they can payoff every month. The late fees, interests and penalties are what make credit card companies profitable.

Nope. It is the 3% for Visa / Mastercard (5% for AmEx) additional fee that the CC processors charge ABOVE the purchase amount that makes credit cards very, very profitable. Ever wondered why the cash price for gas was (generally) lower than the credit card price? Because of this. Gas station operators have needed to do this because they operate at insanely thin margins at the best of times, and only the bigger chains can absorb the CC fee.

Interest and late fees: gravy and icing. The real money is the skim on the billions of transactions that happen every day.

Incidentally, AmEx's high fee is why they are less readily accepted, because this is what the merchant has to pay. They loose less by only offering Visa & Mastercard.

Comment Re:Not the first time for Apple to do this. (Score 1) 74

They've done this in the past where they decided there is just too much tech debt in their existing codebases, so they took an upgrade cycle to clean it up and make the best version of their current version they could. It was called Mac OS X 10.6 "Snow Leopard" and it was probably the best release of Mac OS X to date, quality-wise.

"The upgrade with NO new features!"

I keep one of my MacBooks at that level because it's so good.

Comment Re:Oh well... (Score 1) 115

... but this is far from a major scandal.

The sexual harassment is certainly a scandal. Responses such as "That's not how I remember it" are not the way to address these things.

I've enjoyed LTT over the years, and their Mac Address stuff is som elf the more balanced Mac reviews around. I hope the organization can change and grow.

BUT: in the What Now? video, I wish they had kept Linus off the camera. All these people seeming to take responsibility (although it did feel very much like "we're saying this because we have to, not because we believe it"), then Linus comes along and basically shits on the whole thing. All this crap happened under his watch, and he deflects. It left me wanting to click Unsubscribe.

Comment Re:I do like Apple Silicon (Score 1) 30

The M1 MacBook Pro ... loved the battery life and performance. It just runs and runs, and runs cool.... I think it really is a far more efficient architecture than we were used to.

The problem that Apple has for me now is that the 14" M1 MacBook Pro is such a superb machine I've not got any upgrade envy. Sure, the bench testing of the M2 showed greater speeds than the M1, but at the end of the day my M1 is more than good enough for all my needs (general work, photo editing, some video, software development). Depending on the usage, I can charge it up every two or three days.

The M3 may blow the M2 out of the water... but if the M1 meets all my needs, where is the incentive to upgrade?

Comment Re:Moderation in all things (Score 1) 310

But now we have some vague multiverse based villain with unclear goals and motivations

Jonathan Majors' (Kang) antics have upset the applecart, don't forget. He was the big setup for the next team-up movies (The King Dynasty; but with the assault charges that happened (and the ones we are only starting to find out about), Majors is toxic. Look at how all the movies that featured him have been pushed out and talk of Dr Doom have intensified. Which is a shame; my wife (not a Marvel fan) enjoyed both Loki (and the He Who Remains setup) and Quantumania, mostly because of Majors' performance.

a bunch of 2nd tier heroes that nobody really cares that much about

Setup takes time. There was 10 years between Iron Man and Infinity War; the Thunderbolts buildup, the Young Avengers buildup and the Fantastic Four will take some time to pull together. Unless you want an insta-mashup movie, a-la Justice League - and we all saw how that turned out.

Comment Tonight!! (Score 4, Funny) 67

... a project where the company aimed to delete from its systems any older communications and documents that were no longer required to be retained. ... the project experienced "glitches," with those documents identified for deletion failing to be deleted under the processes implemented by JPMorgan.

In other words:

"Tonight, we test in PROD!"

Comment ChatGPT (Score 4, Funny) 102

When ChatGPT insisted 2023 was a leap year (when I asked it how many days between now and September 15), I figured itâ(TM)s a while yet before I need to worry about AI ruling the world.

Besides, as Zaphod Beeblebrox once threatened, you can always reprogram a computer with an axe.

Comment Re:The notch (Score 1) 103

You think the notch provide increased screen real estate? I think it takes it away. And it is visually annoying.

I bought a 14" M1 MBP when they first came out (and still use it). I noticed the notch for all of 30 min, then simply didn't notice it any more. Same on my iPhones; the Dynamic Island of the iPhone 14 Pro was annoying for all of 5 minutes, then you don't see it.

It's a non-issue.

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