Readit NewsI used this calculator - https://smartasset.com/taxes/income-taxes
It said if I (married) made $675,745/year in Manhattan I'd pay 39.59% of my income in taxes.
- 37% federal
- 9.65% state
- 3.876% city tax
- 3% SS and medicare
- ?? disability, unemployment, etc.
- some additional % to cover single payer
crocodile tears for million dollar earners and their tax bills of course, my point being that chasing away a small amount of residents can have an outsized effect on state revenue. (0.3% of returns account for 27% of revenue federally)
all that said, assuming there is some tangible tax increase, NYC high earners are going to be knocking on the door of 60% combined rates (city, state, federal). tax avoidance and/or relocation services are going to be booming if so.
the @elonjet account?
> Hollywood’s hacker war began on February 19, 2004 with a simple phone call. It happened at a T-Mobile store near Los Angeles. The caller told the salesperson he was from the T-Mobile headquarters in Washington. “We heard you’ve been having problems with your customer account tools?” The caller said. “No, we haven’t had any problems really,” the clerk replied, “just a couple slowdowns. That’s about it.”
> “Yes, that’s what is described here in the report,” the caller replied. “We’re going to have to look into this for a quick second.”
> “All right, what do you need?” Then he dutifully gave the caller the company’s internal web site for managing customer accounts —
is twilio viable for personal cell use?
This whole thing pisses me off. A insider threatened a company with reputational damage and used a press guy to pull it up. HN picked it up and amplified it. Press guy never corrected the story, and the here we are - with people still railing on HN for a untrue story that the press guy enable that the extortionist planted.
things like this contribute more to the mood you reference than the reporting from Krebs a year ago, IMO.
Krebs mentions the person was arrested. Ubiquiti claims first that he doesn't point out the person he sourced it from what arrested, and that he tries to mislead people by not saying repeatedly that the person is basically felon, and that being arrested makes him an invalid source of evidence, etc. They also claim he describes him as a current employee.
This is all nonsense AFAICT
1. Krebs mentions the person was arrested.
2. Krebs says "In March, a ubiqitui employee said X". That was accurate at the time (AFAIK, and ubiquiti cites no real evidence I see that Krebs should have known it was not true).
3. Krebs carefully points out the arrested person claims x and y (which is accurate).
4. The filing says Sharp made false claims, and spends a paragraph explaining them.
5. The filing says Krebs made them too, but ironically, for all of its bluster, doesn't cite where and when (that I can see), and which exact claims, they are claiming Krebs said that were false.
6. The filing cites no evidence that Krebs knew or should have known, in March, that the claims were false. They get into some weird arguments about their 10-q filing but it's hard to understand the point they are trying to make. It apperas they are trying to claim that krebs should have known they notified the public but i think that's kind of a silly argument - krebs is clearly talking about their users, and most users do not read 10-q's. Saying you notified the public because you put it in a 10-q is like saying you notified the public because you put it in a classified ad section. It's dumb wordplay.
7. The December blog post they say he "doubled down on" seems again, carefully written to say what Sharp claims, not what Krebs claims.
I could go on.
The whole thing is, IMHO, not written very well. It's very emotionally written for a pleading, and you will be hard pressed to find a judge who will get themselves worked up over that kind of writing. Instead they mostly roll their eyes and wish that someone gave them a clear and convincing pleading instead.
Put another way - if there is a case here, it isn't visible on this pleading. This feels like "throw a bunch of emotional stuff at a wall and hope it sticks", where you really want "here is an open and shut case of why this person defamed us"
Personally I hate the way they're going towards cloud accounts and dedicated management boxes. We used to be able to just install a docker to manage everything but the latest hardware ranges (eg their video offering) require dedicated management hardware. They're also pretty slow with uptake on new standards like WiFi 6 and now 6E.
The ideal selling point of ubiquiti was self-managed near-enterprise quality hardware with free self-hosted management and decent hardware prices.
I can't fully blame them because I know venture capital idealises subscription pricing and data mining right now but it won't work for me and it's annoying having to look for another option again when I'm invested in their ecosystem.
But anyway it would be interesting to read more about what's going on behind the scenes.
Pera owns ~91% of the company, it all comes from the top.
My savings (including 401k) have gone down 24% since a year ago. Dinner at a restaurant / UberEats costs 30% - 50% more than a year ago. What else must happen to call it what it is?
since these indicators are always published after a time period has occurred and been tabulated, its possible we have crossed the threshold and are in a recession as we speak.
Q1 2022 is estimated at -1.5% right now, the final number will be released on 6/29. Meaning Q2 final data will be released sometime around the end of September, to make it an "official" recession (if Q2 ends up being negative).