Read my posting history before you ask me that, kiddo

If that were the only impact, it wouldn't matter.

But the fact is that Trump regularly posts official public policy announcements that move markets, so getting the bullshit early can make you money.

It should be, but the Emoluments Clause has never been enforced and "Emoluments" isn't even clearly defined, legally speaking. It's pretty much a dead letter.

The only practical backstop here is impeachment and conviction, but the Republicans in Congress aren't going to allow that, not until and unless their voters begin to care.

The AC who replied is technically wrong: The immunity ruling only applies to official acts, and Trump's participation in TMG is not official. However, Trump would probably claim that he had nothing to do with this decision and the immunity ruling also effectively prevents investigation of any personal crimes that were committed because it blocks investigation of anything that touches on official acts. So as long as Trump made the call ordering it from the from the Oval Office, it's unlikely that any evidence could be obtained. If someone in the know at TMG testified against him, that would work, but it's very unlikely anyone with a conscience has direct knowledge.

Put aside the personal data for a moment.

This also included all of the customer's Xbox digital "purchases".

Microsoft is literally known for poor security, including in their services. Azure was hacked at least twice where there are literally no logs, so Microsoft has literally no idea what was accessed.

It's unconscionable to permit Microsoft, a corporation known globally for incompetence, to cut off people's access to content they "purchased" because their account was hacked. Sure, it could be the user's fault, but it's at least equally plausible that it's Microsoft's. Remember, this is the company that built literally the only Chromium derivative that loads all of your passwords into memory on launch in plaintext. What if your account got hacked because some attacker who got onto your machine in the first place because of a buffer overflow Microsoft should have fixed twenty years ago read your passwords out of your browser's memory? Who's liable for that? Answer, NOT MICROSOFT! It's your problem, sucker.

Well, yes. For many years, presidential candidates, both Democratic and Republican, referred to the United States as "the indispensible nation". And my reaction was always, "Doesn't that mean the US is a single point of failure for civilization?"

We are currently performing an experiment which addresses this question: can the US enjoy the benefits of soft power without the cost? That's the whole point of obeying *norms*. No individual force is going to punish you if you are treacherous, mercurial, foul-mouthed, disrespectful and generally unpredictable. Everyone will punish you.

I think an inevitable cost of this experiment will be that the world will decide that the US can't be a single point of failure for global democracy any longer. In many ways, that's something that will be good for us. But it's also going to cost us in painful ways. When the world decides to move away from the dollar as the international reserve currency, you will see both inflation and higher interest rates on everything from credit cards to mortgages, to business loans that will offset the export advantages. We will need *more* business investment to shift the economy to producing low value goods again, so the transition will be rocky.

Not to say that this is OK because HFT is OK... instead, HFT isn't OK because it's basically the same thing.

nothing actually gets owned --> claiming it was sold to the customer is fraud

Really? What vulnerabilties did you find?

Or are you talking about something completely unrelated?

It's probably way less true than it once was, because we used to build things with meaningful safety factors, and because all of these devices have flash storage in them now and it's subject to bitrot.

Bad for their customers, yes. Good for Sony, as long as they don't get busted for claiming to sell what they clearly were only renting out, and they clearly knew this if they didn't secure a perpetual license.

Anyone "buying" a digital good which doesn't come with the inherent ability to use it later (like a GOG download) isn't buying it. While it should be illegal to claim you're selling to those people instead of just renting, they are also being fools if they think they own that.

Who are you? Nobody? Oh, OK. Feel free.

They could instead be prohibited from operating in markets where that data would give them an unfair advantage.

Both corporations and intellectual property are legal fictions, they are not real property. They are supposed to exist only for the benefit of The People. Work it out.

It's not just capitalism at play. There's also nationalism.

China may invade Taiwan eventually. TSMC would be irresponsible not to hedge against that.

Sure, as long as we can all also admit that Clinton was a rapey piece of shit who did multiple absolutely fucking terrible things, like signing the CDA and PRWORA. Also, "got a blow job" is a gross misrepresentation. "Coerced an intern into a sexual act" is a better one.

Which is exactly why no one should ever trust a promise from the USA again. Until we get our legal documents into some semblance of order, it must be assumed that this will all happen repeatedly.