"Borges warned in the complaint that if this information were compromised, “it is possible that the sensitive [personally identifiable information] on every American including health diagnoses, income levels and banking information, family relationships, and personal biographic data could be exposed publicly, and shared widely.”"
Yeah, but this is always true. And it didn't happen.
"Extreme regulation, high taxes, high labour laws, and anti innovation/entrepreneurship is the problem." Couldn't agree less. Entrepreneur who moved his startup from US to Scotland here. Labor costs: 50% of US,
lab rent: 1/6th
Grants: many more and much higher allocation.
Red tape? None met- but lots in US. The EU has a different matrix. SAP is still bigger than Oracle and Germany's Lidl with its own cloud provider is growing leaps and bounds - but doesn't want to conquer the world. Different mentality.
Makes a lot of sense for cash strapped American Symphonies. I was part of a group of musically trained business people assembled to save the Gewandhaus in Leipzig - one of the best and biggest Symphony Orchestras in the world which after German unification was on the brink of collaps. We decided to offer well heeled and well educated amateur musicians the opportunity to play one concert incl. 3 rehearsals for a fee. We were swamped with requests. CEOs, lawyers, medical doctors, you name it. We held auditions with Blomsted and later Abbado to select those who were good enough. It was a raving success. We repeated it for several years until it morphed into a separate orchestra - the Management Symphony. It also became a vital source of financial support as its members not only "paid-to-play" but also donated financially or bought valuable string instruments that were lend to the orchestra's principal soloists.
In the US, you actually have to register your business as a foreign entity in every state you operate in (foreign in this context means “out-of-state”) and it’s a minor annoyance, it can and does delay business.
Indeed. I'd say a major annoyance. After all it includes filing taxes and sometimes you have to "align" your company name if for example you apply for federal grants.
Ask HN: would you be interested in a mobile app updated on a daily basis that combines information from social media (Google, Twitter, Facebook, Wikipedia etc.) and from implied option prices in exchange traded markets (stocks, bonds, currencies, commodities) to identify potential risk in those markets?
Yeah, but this is always true. And it didn't happen.
Yet!