#or more specifically: big corporations and a lack of regulation | Explore Tumblr Posts and Blogs

govindhtech · 27 days

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Deutsche Bank’s Serverless Trade Surveillance Data System

TAGS

DATA ARCHITECTURE

SERVERLESS ARCHITECTURE

SURVEILLANCE SOFTWARE

TRADE SURVEILLANCE

WHAT CLOUD DOES DEUTSCHE BANK USE?

Simplify Processes with the GitHub & Azure DevOps Dream

THOTA NITHYA

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reportprimerahul · 7 months

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Packet Optical Networking Equipment Market Size, Type, segmentation, growth and forecast 2023-2030

Packet Optical Networking Equipment Market

The Packet Optical Networking Equipment Market is expected to grow from USD 1.90 Billion in 2022 to USD 2.80 Billion by 2030, at a CAGR of 4.70% during the forecast period.

Packet Optical Networking Equipment Market Size

Packet Optical Networking Equipment is a type of networking equipment that uses optical fiber technology to deliver high bandwidth and low latency data transmission over long distances. This helps in improving network performance, reducing network congestion and providing high-quality data transfer. The Packet Optical Networking Equipment market is divided into various segments based on the types of networking Equipment Power Supply (Adapter) ranging from 1~10W to 50~100W, applications such as Media and Entertainment, IT and Telecoms, Manufacturing, Government, Data Center, and Others, and regions including North America, Asia Pacific, Middle East, Africa, Australia, and Europe. Major players in this market include Cisco Systems, Huawei Technologies, Ciena Corporation, Infinera Corporation, LightRiver Technologies, ADVA Optical Networking, Juniper Networks, PacketLight Networks, Wipro, Nokia Corp, Tejas Networks, and ZTE. Regulatory and legal factors specific to market conditions include industry standards and regulations such as Federal Communications Commission (FCC) regulations, safety standards, and legal requirements pertaining to intellectual property rights, security, and privacy concerns.

Packet Optical Networking Equipment Market Key Player

Cisco Systems

Huawei Technologies

Ciena Corporation

Infinera Corporation

LightRiver Technologies

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Packet Optical Networking Equipment Market Segment Analysis

Packet optical networking equipment refers to devices and software that aggregate and optimize data communication traffic into a single, high-speed network. This market targets communications service providers, data centers, and enterprises to improve network efficiency, provide better quality of service, and reduce operational costs.

The major factors driving revenue growth of the packet optical networking equipment market include the increasing demand for bandwidth and the need for faster and reliable data communication in various industries. The growing trends of cloud computing, big data, and IoT have also contributed to the demand for packet optical networking equipment.

One of the latest trends in the packet optical networking equipment market is the transition to software-defined networks (SDN) and network function virtualization (NFV) technologies. These technologies allow for greater flexibility, scalability, and automation, enabling service providers to respond quickly to changing market demands.

Despite its growth potential, the packet optical networking equipment market faces some major challenges. One of the main challenges is the high cost of deployment and maintenance, making it difficult to optimize returns on investment. Another challenge is the lack of skilled personnel to manage and maintain the complex network infrastructure.

The main findings of this report highlight the increasing demand for packet optical networking equipment and the significant role that SDN and NFV technologies play in driving market growth. The report recommends that vendors focus on developing more cost-effective solutions, collaborating with industry players to address skillset gaps, and leveraging emerging technologies to enhance product offerings.

Overall, the packet optical networking equipment market has great potential for growth and innovation. Service providers, data centers, and enterprises must carefully assess their needs and select the appropriate equipment and technology solutions to meet their network requirements and business objectives.

This report covers impact on COVID-19 and Russia-Ukraine wars in detail.

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Market Segmentation (by Application):

Media and Entertainment

IT and Telecoms

Manufacturing

Government

Data Center

Other

Information is sourced from www.reportprime.com

#business #market growth #market research #market strategy #marketing analytics

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billsby23 · 8 months

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Role And Importance Of A Financial Controller In An Organisation

ler?

They should have the skill to be able to forecast long-term goals and make strategies based on these goals. Their work should be highly efficient and should have little scope for errors as lack of accuracy can cause big troubles for the organisation.

A financial controller can also do the task of the accountants, but they do not specifically do accounting. Accounting is the process of recording the financial data of the company, while the job of a financial controller is to oversee the processes involved in accounting.

They have to adhere to the company rules and regulations and ensure that there is no discrepancy. If any discrepancy is found, it is the duty of the financial controller to identify and resolve the problems caused by that discrepancy, along with making the parties involved accountable for the same.

What Function Does The Financial Controller Perform?

1. Traditional role

They also overlook the creation and maintenance of financial statements and general ledgers to ensure that the actual cash flow of the organisation is correctly incorporated in the books. Financial controllers act as a link between the finance department and the management. Some other traditional roles of financial controllers include-

● Ensuring that payments that are due by the debtors and the customers are received

● Managing general accounting operations

● Handling bank accounts and corporate credit cards

● Working with third-party certified public accountants

● Creating and managing financial policies

● Filling tax forms at the federal and state levels

● Reviewing accuracy in payrolls.

Financial controller functions include coordinating with the IT departments to improve the technologies involved in the financial department.

They also work closely with the HR department to hire officials in the finance field. Often, they play the role of the chief financial officer, in which they have to work with multiple projects doing tasks such as reporting, planning, budgeting etc.

2. In-Depth Tasks

Financial controllers play a significant role in building workflows and processes, which can help the organisation eliminate errors so that they can be free of risks. They even monitor the internal controls created by the CFO, which include accounting standards and determining the roles to be played by the financial employees.

3. Strategy Creation

This information helps the financial controllers to work on a strategy that is meant to facilitate the growth and sustainability of the organisation. They create strategies which are wholly driven by data. Finally, they present the strategy to the management team and ensure they provide the best results.

4. Risk Management

They keep an eye on the company's assets to ensure they are present and evaluate their current situation and depreciation. They also analyse the transaction records to ensure that no fraudulent activity occurs from internal or external factors.

They do this with the help of proper record keeping and reducing the negative impact of risks on the organisation and its employees.

5. Expenditure Management

They can also create budgets and add limits on spending for each department. They can roll out savings strategies for the revenue cycles when the income is not consistent. Their overall goal is to meet the annual or other long-term financial goals.

The financial controller plays a significant role in informing the management about the company's purchasing power. This helps the board of directors in making better decisions pertaining to the budget and expenditure of the organisation. They find ways to spend less while keeping the quality of the product and the services intact.

Why Are Financial Controllers Important?

When Do Businesses Need A Controller?

However, as, and when the company starts growing, the complexity of its finances also grows. When a business expands geographically and starts producing more revenue, the accountants do not have the skills or the resources required to manage the income and expenditure of the organisation.

At such times, businesses need the help of a financial controller. Financial controllers help them navigate taxes, financial planning, compliance with the laws, predictions etc. The global rule says that every business that generates revenue in the range of $ 5 to $10 million should have a financial controller or a team of financial controllers to manage the expenditures and spending of the organisation.

CFO vs Financial Controller

On the other hand, if the organisation is quite large, it requires a CFO to handle the comprehensive finances of the organisation. For example, when a company starts dealing with complex financial transactions, the role of the finance department expands automatically.

This occurs when the organisation starts working with huge financial markets or performance mergers and acquisitions. Thus, with an organisation's growing role, the requirement of a CFO is faced by it.

Another significant difference between a CFO and a Financial Controller is that a CFO's responsibilities have all kinds of financial activity, including budget forecasting, working with the investors, managing the treasury et cetera. On the other hand, a financial controller merely focuses on internal controls and systems, ledgers and balance sheets and expense management.

Roles And Responsibilities Of The Financial Controller And Their Changing Nature

● Supervising accounting processes

● Regulating club cash flow and profitability

● Managing financial risk

● Overseeing transactions including payroll, receivables, balance sheets etc.

● Ensuring accuracy in financial reporting

● Managing external audits with the help of CPS

● Handling the book closing and financial statements

● Adhering to the tax liabilities and compliances

● Creating and managing budgets

● Monitoring internal as well as external controls and policies.

These have always been the typical tasks of the financial controller, however over the last decade, the role of financial controllers has witnessed a paradigm shift. They have understood that a controller's job is vital and more strategic, and therefore goes beyond performing the day-to-day tasks.

Financial controllers need to find new error-free and more efficient ways to perform their daily tasks. They have to be more involved in creating strategies and overseeing that the employees of the organisation in our working comply with those strategies.

The fast changes in technology have also helped them eliminate the day-to-day recurring work, which is now being handled by the technology tools and software.

In addition, financial controllers must update themselves with the changing tax laws and altering global issues. The stance of the global economy has also been evolving over the past decade, bringing about a lot of change in the role of financial controllers.

Essential Practices For Modern Financial Controllers

To be successful at their job, financial controllers today need to follow some of the practices mentioned below.

1. Automate

They can spend their time on more strategic initiatives while the tools and software seamlessly carry on the entire process. With the help of automation, the financial controllers do not have to spend much time and effort devising financial information and analysing the data.

They get the reports automatically and can find strategic patterns and impactful insights into them. Consequently, they can shift their role from tactical to strategical and develop and formulate more efficient and beneficial strategies for the organisations.

2.Communicate

This can help them drive and forecast decisions that are data backed and communicate these to their senior management and the employees that drive business changes to achieve better efficiency.

With the help of this data and enhanced communication, they can experiment with forecasting, pricing models, financial analysis etc., which can be done only if all the departments work together.

3. Establish agile methodology

Final word

Getting an ethical and dedicated financial controller for your organisation can do wonders you cannot imagine! While managing your expenditure and formulating a budget is essential for any organisation’s smooth workflow, it is now mandatory to have a financial controller employed in the organisation.

Alongside a dedicated financial controller, it’s important to have the tools necessary to automate your daily financial tasks so the controller can focus on the current data and forecasting for the future. Billsby is a great tool to add to your stack! With Billsby, you can fully automate all of your recurring billing tasks, and even share this data with your chosen accounting system. So, why not try Billsby today and sign up for a free trial!

Source- Role And Importance Of A Financial Controller In An Organisation

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sodacanvas7 · 2 years

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Getting The Attorney To Work

In large companies, litigation actions slowly - a partner can be on the very same issue for years. "You function really hard, but then the closing comes, the offer ends, and also you relocate on to something else," claimed an additional associate that has worked on both sides.

Lots of companies put a great deal of effort right into intra-office bonding, hosting pizza events, weekly division lunches, team suppers, as well as holiday soirees. Even some companies that value office friendship has a tough time promoting it. One third-year affiliate in a big Manhattan company claimed of the lack of gatherings, "I believe they intend to promote bonding as well as they did not know how to do it." In most firms, big and small, the business division is filled up with hardworking, personable, highly inspired individuals.

At several small companies, there is technically no partnership track; subscription option is a case-by-case determination. Others have tiered collaboration and also associate setups that offer intermediate promotions, effectively postponing the promo to complete equity partner. Know the society of a specific firm before accepting an offer. The experience of the corporate lawyer is very depending on where he or she works, and it can differ commonly.

"As a first-year, if you are not staffed on something or you do not have clients that are calling, there can be a great deal of lingering, as well as it does not seem very attractive," she stated. "But then you obtain staffed on something and also it is insane." The greater you rise in the ranks, the extra personal connections you establish with partners and customers, and the even more consistent your work comes to be.

"You get on teleconference with the customers; there is a great deal of comprehensive note-taking," said one third-year partner in New York. If you are staffed on countless deals, teleconference can occupy the entire service day. After the telephone call, affiliates go back to their offices and "turn the documents" - draft and modify boilerplates and also integrate files in the correct order.

As soon as all the records are prepared and also all the i's are populated and also the t's are crossed, there is the closing- the last step of a corporate bargain. All the attorneys who worked with the deal-from first-years to partners-get with each other with the client. After the documents to end up the offer are authorized, the event starts, complete with offer toys-the celebratory paperweights and other tchotchkes distributed to key individuals.

See the adhering to short article for more details: See the following articles for even more details: What Do Corporate Lawyers Do? Generally, corporate legal representatives carry out legal study and draft memoranda concerning certain deals.

Legal division aides work within the lawful division of a business, teaming up with other divisions to ensure that corporate decisions are lawful and certified with neighborhood as well as worldwide policies as well as policies. If you plan to integrate your organization or have currently included however require even more suggestions, you may need a business attorney.

An organization's identification and how it is managed and created are personified in company regulation. Informative post covers a vast array of lawful locations, such as work regulation and commercial transactions.

Unlike this, corporate legislation is just worried about the procedures, tasks, as well as legitimacy of a firm. What Do Company Money Attorney Do? A finance lawyer techniques law in any location involving lending or financing task. They represent both loan providers (banks) and also consumers (company or private). Bargaining loan agreement terms is part of what they do to see to it their clients obtain the very best feasible deal.

Once all the documents are ready and all the i's are dotted and also the t's are crossed, there is the closing- the last step of a company offer. All the lawyers who functioned on the deal-from first-years to partners-get along with the customer. After the papers to end up the deal are signed, the party starts, full with offer toys-the celebratory paperweights as well as various other tchotchkes distributed to essential individuals.

If you reach take a trip, you do not see a lot. You invest the majority of the moment in meeting areas dealing with documents or meeting with customers. Locate out what it takes to become a successful company attorney. See the complying with article to learn more: See the adhering to articles for more details: What Do Business Attorneys Do? Usually, company lawyers carry out legal study as well as draft memos pertaining to certain deals.

Lawful division assistants work within the legal division of a company, teaming up with other departments to make certain that company decisions are lawful as well as compliant with neighborhood and also global guidelines and also regulations. If you intend to incorporate your service or have currently incorporated yet require even more advice, you might need a company attorney.

An organization's identity and also how it is handled as well as formed are embodied in company law. Organization regulation covers a large range of legal areas, such as employment law and business deals. No matter of the dimension of a company, both of these aspects affect businesses and service entities. Companies, partnerships, as well as sole proprietorships are examples of these entities.

Unlike this, business legislation is only worried about the procedures, tasks, as well as validity of a company. What Do Company Money Lawyers Do? A financing attorney practices regulation in any kind of location including loaning or funding activity. They stand for both lenders (financial institutions) and borrowers (corporate or individual). Negotiating car loan contract terms is component of what they do to ensure their clients obtain the most effective possible offer.

#Lawyer

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dreaminginthedeepsouth · 3 years

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LETTERS FROM AN AMERICAN

July 11, 2021

Heather Cox Richardson

On Friday, as President Joe Biden signed “An Executive Order Promoting Competition in the American Economy,” he echoed the language of his predecessors. “[C]ompetition keeps the economy moving and keeps it growing,” he said. “Fair competition is why capitalism has been the world’s greatest force for prosperity and growth…. But what we’ve seen over the past few decades is less competition and more concentration that holds our economy back.”

Biden listed how prescription drugs, hearing aids, internet service, and agricultural supplies are all overpriced in the U.S. because of a lack of competition (RFD TV, the nation’s rural channel, has a long-running ad complaining of the cost of hearing aids). He also noted that noncompete clauses make it hard for workers to change jobs, another issue straight out of the late nineteenth century, when southern states tried to keep prices low by prohibiting employers from hiring Black workers away from their current jobs.

“I’m a proud capitalist,” Biden said. “I know America can’t succeed unless American business succeeds…. But let me be very clear: Capitalism without competition isn’t capitalism; it’s exploitation. Without healthy competition, big players can change and charge whatever they want and treat you however they want…. “[W]e know we’ve got a problem—a major problem. But we also have an incredible opportunity. We can bring back more competition to more of the country, helping entrepreneurs and small businesses get in the game, helping workers get a better deal, helping families save money every month. The good news is: We’ve done it before.”

Biden reached into our history to reclaim our long tradition of opposing economic consolidation. Calling out both Roosevelt presidents—Republican Theodore Roosevelt, who oversaw part of the Progressive Era, and Democrat Franklin Delano Roosevelt, who oversaw the New Deal—Biden celebrated their attempt to rein in the power of big business, first by focusing on the abuses of those businesses, and then by championing competition.

Civil War era Republicans had organized around the idea that the American economy enjoyed what they called a “harmony of interest.” By that, they meant that everyone had the same economic interests. People at the bottom of the economy, people who drew value out of the products of nature—trees, or fish, or grain—produced value through their hard work. They created more value than they could consume, and this value, in the form of capital, employed people on the next level of the economy: shoemakers, dry goods merchants, cabinetmakers, and so on. They, in turn, produced more than they could consume, and their excess supported a few industrialists and financiers at the top of the pyramid who, in their turn, employed those just starting out. In this vision, the economy was a web in which every person shared a harmony of interest.

But by the 1880s, this idea that all Americans shared the same economic interest had changed into the idea that protecting American businesses would be good for everyone. American businessmen had begun to consolidate their enterprises into trusts, bringing a number of corporations under the same umbrella. The trusts stifled competition and colluded to raise the prices paid by consumers. Their power and funding gave them increasing power over lawmakers. As wealth migrated upward and working Americans felt like they had less and less control over their lives, they began to wonder what had happened to the equality for which they had fought the Civil War.

Labor leaders, newspapers, and Democratic lawmakers began to complain about the power of the wealthy in society and to claim the economic game was rigged, but their general critiques of the economy simply left them open to charges of being “socialists” who wanted to overturn society. Congress in 1890 finally gave in and passed an antitrust act, but it was so toothless that only one senator in the staunchly pro-business Senate voted against it, and no one in the House of Representatives voted no.

Then, around 1900, the so-called muckrakers hit their stride. Muckrakers were journalists who took on the political corruption and the concentration of wealth that plagued their era, but rather than making general moral statements, they did deep research into the workings of specific industries and political machines—Standard Oil, for example, and Minneapolis city government—and revealed the details behind the general outrage.

Their stories built pressure to regulate the robber barons, as they were called by then, but Congress, dominated by business interests, had no interest. Instead, President Theodore Roosevelt and his successor, William Howard Taft, tended to rein in the trusts through the executive branch of the government, especially by legal action undertaken by the Department of Justice.

On Friday, Biden promised to use the power of the executive branch to rein in corporations, much as Theodore Roosevelt did during his terms of office. But there was more to Biden’s statement than that. His emphasis on restoring competition is from the next historical phase of antitrust action.

In the 1912 election, political language turned away from the evils of trusts and toward the economic competition so central to American life. Both Republican Theodore Roosevelt and Democrat Woodrow Wilson centered their campaigns around the idea that big business was strangling competition. Wilson called for a “New Freedom” that would get rid of the trusts once and for all and return the nation to a world of small enterprise and opportunity. Roosevelt scoffed at this idea. He talked of the “New Nationalism,” in which a large government would restore competition by regulating big businesses. (He said that if you got rid of trusts and then looked away, they would immediately spring up again.)

While their solutions were different, both Roosevelt and Wilson had reframed the stratified economy not solely as a problem, but also as an opportunity. Trimming the sails of the corporations was not an attack on the liberty of industrialists, but rather a restoration of the competition that had, in the past, enabled the country’s economy to thrive. And, once elected, Wilson managed to get key items of that agenda passed through Congress.

That positive emphasis on competition carried into the administration of the next Roosevelt president, FDR. Biden noted that FDR called for Congress to pass an economic bill of rights, including “the right of every businessman, large and small, to trade in an atmosphere of freedom from unfair competition and domination by monopolies.” And indeed, the idea of restoring a level playing field for all businesses, rather than letting them succeed or fail based on the whims of economic wirepullers, persuaded businessmen who had previously opposed regulation to line up behind the establishment of our Securities and Exchange Act of 1934.

Americans have lost this tradition since 1980, Biden said, when we abandoned the “fundamental American idea that true capitalism depends on fair and open competition.” Reframing business regulation as “laws to promote competition,” he promised 72 specific actions to enforce antitrust laws, stop “abusive actions by monopolies,” and end “bad mergers that lead to mass layoffs, higher prices, fewer options for workers and consumers alike.”

For 40 years, the Republican Party has offered a vision of America as a land of hyperindividualism, in which any government intervention in the economy is seen as an attack on individual liberty because it hampers the accumulation of wealth. Biden’s speech on Friday reclaims a different theme in our history, that of government protecting individualism by keeping the economic playing field level.

—-

Notes:

https://www.whitehouse.gov/briefing-room/speeches-remarks/2021/07/09/remarks-by-president-biden-at-signing-of-an-executive-order-promoting-competition-in-the-american-economy/

LETTERS FROM AN AMERICAN

HEATHER COX RICHARDSON

#political #Heather Cox Richardson #Letters From An American #capitalism #history #fair competition #competition #hyperindividualism

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ivesory · 4 years

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How To Get And Develop Great Invention Ideas

Where do you get your ideas? That is one concern that effective developers obtain asked a whole lot. And it is not a very easy one to answer.

Extra so since the urge to produce and also invent generally originates from the midsts of an individual's body and soul. Nonetheless, aside from the creative side, a great innovator requires a little equilibrium and the capability to be able to very carefully determine and also evaluate whether their invention is something that will certainly one day verify to be helpful or it is simply a pipe dream that will certainly never fly. You can also find out how to get help with invention

Which brings us to one of the most vital tests for any kind of invention. This is an examination that every invention needs to pass to intend to be anywhere near practical. It fixates the inquiry of whether it will fix any type of issue adequately sufficient to be seen to be useful. It is very usual ahead across creators that have produced some fancy gizmo that can complete some job however does not solve any type of issue or boost the lifestyle for any person at all. Even if you were to press such an item into the market, t would certainly prove very challenging to sell or to discover consumers for it.

It interests note below that numerous creations have wound up offering various objective than what they were intended for. Viagra one of the most popular marketing medications of the contemporary age was evaluated as a medical service to various human conditions. Something to do with regulating hypertension in people. Some sharp analysts say it's intriguing side effect an opened up a whole new industry and a useful wonder drug for the manufacturer.

This is one reason that you need to approach the testing phase of your prototypes with an open mind. Prospects as well as consumers also regularly manage surprises and also wind up acting differently from what you might have anticipated.

Exactly how to Know Your Invention Idea is Good

Remaining in the invention idea organization, I obtain a lot of inquiries, a lot of asking, "Is my idea great?" It's challenging to respond to, specifically when the idea is somebody's job that they've supported for rather a long time.

So, just how do you understand if your idea is a good one? Do some evaluation. I have always been a follower of gathering data and jumping my concepts off this details for recognition, or to at least understand just how to turn my poor idea right into a good one. An excellent area to begin is where you want to wind up-- the industry. Before you go there, ask on your own a couple of concerns.

Ask: What sort of product will my idea be? What sector of the market will wish to acquire this item? What objective does it offer, and also is their a big-enough audience to warrant it? If it fixes specific trouble, do sufficient people have this problem to verify its presence on the marketplace? Will it be utilized by old men, girls or by a teen?

Once you answer questions like these, you're ready to analyze the marketplace. Based upon your reactions, you ought to have a respectable idea of what kinds of companies would carry an item like your own and what stores could market it. Take a look at comparable items. You may find that another person currently offers your idea, which isn't necessarily negative. Consider it as a springboard into a various invention idea. Does the product currently selling on the market lack something? Find it and also attempt to make something much better.

Gather every one of this information together and try to better develop your invention idea. A well-thought idea will make it simpler to transform it into something with value since the hard thing with ideas is that they are simply that. It's very tough to examine an idea to recognize if it's good or otherwise. To genuinely do that, you need to transform that idea into something, which is your invention or item. Currently, this has value over just an idea. It can be checked in real-life scenarios, you can engage with it and gather more data and even present it to a supplier or a firm for prospective licensing, typically completion objective with many ideas. Remember it's not an invention when it's just an idea. Anyone can have ideas, even your idea. I understand it might seem odd, yet we human beings usually do assume alike. However, it's not an invention until you've developed it. This takes time and effort.

Also check out the InventHelp on youtube

How to Submit Your Invention Ideas to Large Companies

If you are considering sending any of your invention ideas to a company, it is really important to first figure out if the firm accepts unsolicited invention submissions. Do not send anything without very first making get in touch with or understanding the business's invention entry guidelines.

If you send an idea to a business without contacting them or understanding their entry standards, you may obtain a being rejected notice. Without the proper records or compliance with the submission guidelines, the firm that you are submitting to may reject the entry without also a look at your sent materials.

Corporations wish to secure their interests and also shield themselves from legal actions. The sole purpose of an idea entry plan is to stay clear of prospective misconceptions or disputes and also provide reasonable protection to companies items released later on that may appear comparable. Because of this, firms will not accept sent ideas unless there is an arrangement established as well as adhered to.

For example, Sears will certainly not consider any kind of idea submitted to it unless it is sent based on Sears Regards to Entry Arrangement. If you don't follow the standards or develop your own with the business that you are submitting to, your idea could be quickly turned down, and also the opportunity may well be lost.

Virtually every significant company has its own invention idea entry standards. You might discover the business submission standards uploaded on their website. If you do not discover an entry guideline on the internet site, be sure to call as well as request one before sending out any type of details to the firm.

A well-thought idea will certainly make it simpler to turn it right into something with worth because the hard thing with ideas is that they are simply that. To do that, you need to turn that idea into something, which is your invention or item. Remember it's not an invention when it's simply an idea. Anyone can have ideas, even your idea. Nearly every significant company has its own invention idea submission guidelines.

#innovation #technology #inventors #success story #prototype #products #InventHelp #inventions #ideas

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auroraluciferi · 3 years

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a white supremacist apparently had an issue with this random post I made.

my post was about the shocked reactions people all over the world were apparently having to American ads for prescription drugs played on the break during the Meghan Markle interview.

the point I was trying to make is that the avalanche of consumer ads for prescription medicine is yet another insane hallmark of the profit-driven US healthcare system which most people fortunately do not experience and no one seems to fully understand.

I feel this one detail helps to breach the facade shielding the dystopian reality which divides us, and it helps to explain for many why the United States has been especially crippled by the effects of the global pandemic. the suffering, deprivation and cruelty of our health infrastructure is an essential feature of capitalism, not a glitch. For many people it has been a time of reckoning.

so this worthless asshole clearly decided now was the time to plant his racist flag - he messaged several times over two days, then I guess he got upset with what I was saying and blocked me.

what follows is unpleasant and contains racist and deeply offensive language, copied verbatim from my inbox and chat.

it has been formatted to fit your television screen.

dee6000 submitted:

Can your socialist BS. The ads/big pharma are separate from or profit medicine. What harmed US medicine was result of democrat politicians copying Europe’s socialists that treated citizens rights with contempt. In the past US medicine was the envy of the world, British, Europeans, Canadians many others would travel here to receive care. Dems blocked enforcement of immigration laws hospitals went bankrupt and taxpayer funded medicaid was overburdened. Just as the influx of tens of millions of illegal aliens and migrants caused rents to skyrocket and wages to be dragged down. Hospital based infection skyrocketed as well hospitals started hiring illegal aliens who did not follow cleaning rules. These infections weren’t new, they are the norm in Latin America and other third world countries. Years later these hospital infections started showing up. Obamacare requires doctors under threat of fines to refuse to perform some diagnostic testing on some patients. Socialist and communist countries have even worse outcomes. And Britain and Europe are experiencing the results of 3rd world imported substandard doctors and nurses.

@auroraluciferi:

lmao. "ads/big pharma" are somehow "separate" from for profit medicine and everything else is the fault of these filthy immigrants from the third world

good luck with whatever ax you're trying to grind

dee6000:

Lmao, people controlling their own labor, by charging for their work, unlike in your communist, socialist sewers where the government elites enslaves people and profit off those slaves like parasites.Big pharma came about under globalism, globalism is Trotskyite international communism. Prior to Clinton’s pushing manufacturing out of the US, US pharmaceutical companies manufactured product here, under fda law, the drugs were tested. Now drugs made in communist China and socialist India are not manufactured safely, there is no oversight, illnesses have resulted as a result and while workers in those countries are abused hypocrite Chinese and Indian elites profit. You might resent truth but that is your problem. Superbugs took hold in western countries as they started allowing displacement of their citizens in health care jobs, from cleaning, nursing, etc with third world people, who yes do not respect hygiene and health and safety rules. That is a fact. When US citizens cleaned hospitals and nursing homes there were no superbug outbreaks, before illegal aliens were illegally working in US food manufacturing, children weren’t being sickened and killed from eating ecoli, salmonella, and mold contaminated peanut butter and peanut products as dozens of children and adults were in 2008-2009 when Peanut Corporation of America machinery then operated and “maintained” by illegal alien Mexicans, had developed toxic black mold because the illegals didn’t bother cleaning the machinery despite knowing that was the jobs they were paid to do. Hearings in congress were held and parents spoke about it. I don’t care what you think, I know you are a fascist

@auroraluciferi:

Okay then, I'll humor you - honestly I feel sorry because it clearly took a lot of effort and mental gymnastics to type up that word salad you sent me. Let's look at each of the "points" you just tried to make.

"People controlling their own labor by charging for their work" - that is a laugh. How exactly do you control your own labor if you are forced to sell it to the lowest bidder, competing against millions of others? If a business lays you off or goes bankrupt due to mismanagement, market fluctuations, accidents or a natural disaster, your labor then becomes worthless. The choice you are given as an employee or contractor unsupported by social welfare programs is "accept whatever pathetic wage we decide your labor and time is worth" or "lose your home and starve to death".

Your idea of "control" is an illusion in an economic system where human survival is based on abritrary market conditions and greed rather than the quality of life itself.

"Big pharma came about under globalism, globalism is Trotskyite international communism." - are you suggesting that some of the largest and most profitable companies on earth are the result of a global, communist conspiracy? Johnson & Johnson, Bayer AG, GSK and others follow the corporate conglomeration and consolidation model pioneered and perfected by 19th and 20th century capitalists and industrialists like John D. Rockefeller, Andrew Carnegie, William Hearst, and Cornelius Vanderbilts. Hardly a group of jaded communist revolutionaries.

The multinational companies they founded and combined have systematically destroyed competition within their respective industries, forced both their consumers and employees to accept substandard, dangerous products and poverty wages, then used their wealth to influence both conservative and liberal politicians to deregulate industries and labor laws for their own benefit. All done by willing and eager students of Adam Smith, not Karl Marx.

"Prior to Clinton’s pushing manufacturing out of the US, US pharmaceutical companies manufactured product here, under fda law, the drugs were tested." - I assume here you're talking about NAFTA and Clinton-era regulations, both of which were enormous gifts to those same companies I just described.

These manufacturers left America to gild their pockets by voluntarily exploiting the workers of countries that do not have labor laws, have substandard or nonexistent environmental protections, and would accept even lower wages than Americans. They could have easily remained in the US, paid higher wages to American workers, followed the most basic regulations, and still would have made obscene levels of profit - the demand of shareholders for more profit motivated the outsourcing of US jobs, not because a spineless corporate lackey like Bill Clinton forced them to.

At the same time, NAFTA enabled US agribusiness to flood the Mexican and Central American economy with cheap, government-subsidized corn - instantly destroying the ability of Mexican farms to collectively set fair prices, driving millions facing starvation and poverty into cities and ultimately North into the United States. It's pretty ironic that your illegal immigration crisis was created by massive corporations supported by the US government, but I guess that's inconvenient history for you.

Again, this is another pretty obvious feature of capitalism, not communism or socialism. Businesses have a natural tendency to cut expenses and maximize profit any way they can. In an actual socialist system, there would be no incentive to do that - healthcare and medicine would be provided as a right, rather than a paid-for privilege as exists in our current system. Workers would not have to compete with each other to survive if their basic needs were provided for.

Also just thought you should know, the FDA regulations apply both to drugs that are imported just as they are to drugs that are manufactured in the US. Furthermore, there would be no FDA at all without American socialists, reformers and consumer advocates pressuring Congress into creating it - not sure how you can pretend otherwise. It was made specifically to address how the 19th-20th century market failed to "self-regulate", resulting in toxic food and drugs manufactured here, in the US.

"Superbugs took hold in western countries as they started allowing displacement of their citizens in health care jobs, from cleaning, nursing, etc with third world people, who yes do not respect hygiene and health and safety rules." - This is pretty racist, and also the opposite of reality. "Superbugs" are the natural result of bacteria and viruses adapting and evolving to ever increasing levels of antibiotics, antivirals, and hyper sanitation in our food supply and cleaning products, as well as natural mutation. Diseases like the coronavirus are inevitable - the US has failed to respond effectively because our for-profit healthcare system does not have a market incentive to create stockpiles or public infrastructure to combat an outbreak, whether it's from China or Cleveland, Ohio.

People from other countries know how to wash their hands. They know how to clean. You have absolutely no evidence which would dispute that, just your own feelings and the idea that filthy brown people caused this totally avoidable disaster rather than a lack of basic planning.

Finally, when people are sickened by improperly cleaned equipment or tainted food and medicine, it is the result of a failure by the manufacturer or producer to properly train and supply their facilities out of negligence, to save on operating expenses, or because they ignore existing regulations and are not penalized for doing so - not because there is an army of dirty, ignorant Mexicans at the controls. Untrained, underpaid, and unsupervised workers will have a greater tendency to make mistakes regardless of if they are White Americans or immigrants.

"Facts" and "truth"? I don't see anything besides your own personal bias, poor logic and uncited bullshit that you have no proof of. The American healthcare system and things like advertising for drugs on TV are mocked and reviled across the rest of the world because people can clearly see how vulnerable it is to inevitable pandemics like this.

But I guess there will always be people like you who are happy to ignore reality and instead demonize normal working people for fleeing their capitalist-raped economies and come here in an attempt to provide for their families - exactly the same thing you would do in their situation.

dee6000:

Lmao! Then explain why for decades and they, the WHO, Doctors Without Borders and other wastes of resources still bemoan the fact that in Latin America, take Mexico for example the majority of the people not only don’t wash their hands before eating a meal, they don’t wash their hands after going to the bathroom. They send nurses into schools to make a game of washing one’s hands but it doesn’t take. Next you’ll tell me that it isn’t true that child rape is part of Latin American culture. Mexico is so substandard health and hygiene wise that it’s water supply is contaminated with feces. Which is why foreigners are warned not to drink it or anything with ice in it. Because intestinal diseases, parasites are the norm. Go into any hospital in the US that employs illegals and they do not smell like antiseptic but dirty. I do not care what you think, the data shows superbugs started showing up in the US a decade after hospitals and nursing homes felt entitled to ignore employment laws and hire illegals. And yes, US corporations that off shores and were indulged by communist China and the rest that have no environmental regulations, no labor laws (because under communism and socialism the people are slaves of the state) are only paid what the government thinks they deserve which is very little) they could profit more, or so they think. They became addicted to it and allowed their patents etc to be stolen. Under capitalism a worker has the right and power to reject a low wage. Under capitalism in the US a middle class grew and flourished, and poverty shrank. Under democrats and RINOs, who serve the same interests as democrats, the Clinton, Bush’s and Obozo the middle class was decimated, and poverty skyrocketed. Under Obozo more people became homeless, more so than during the Great Depression. You can spin and spin all you like. Your lies fall apart easily. Under illegal alien invaded democrat run California, the streets are tent cities, cholera, typhus and the plague have been found in Los Angeles, as well as other diseases.

At this point, he apparently blocked me. I didn’t realize this until after I was done writing my response, but here it is anyways

@auroraluciferi:

It's pretty clear you feel all of your grievances can be blamed on those black and brown people and "Communist" China that you hate so much. I feel sorry for you, but I don't actually believe that anything I say is going to change that.

Your illusions are so wrapped up this weird ethnocentric pride and your comforting blanket of privilege that you're basically helpless against what's coming. You're burning all this energy being angry at people of color for "wasting" resources you apparently feel you are especially entitled to, when you can't even see that the scarcity of those resources is a dominant feature of capitalism.

The wealthy and powerful who benefit from that scarcity - both here in the US and in China - look down at sad little racists like you and they clink their champagne glasses together and smile. By blaming their crimes on Mexicans or whoever it is you clutch your pearls about, you're just making it easier for them to divide and conquer the working class globally.

So go ahead, do their work for them - whatever makes you happy.

Waste all your time and energy hating someone you do not know, whose experience and culture you do not know. Blame all the diseases and scarcity and crime on them, instead of on the cruelty and pointless waste of capitalism

Squabble over the pathetic little crumbs they kick down to you from above or whatever you can compete with against your neighbors for, then proudly claim your little dirt heap for an imaginary concept of white culture.

Like I said before, good luck with that.

#2021 #us #united states #healthcare #health #racism #meghan markle #oprah #interview #pharmaceutical industry #big pharma #ads #advertising #racist ask #@dee6000

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govindhtech · 2 months

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Deutsche Bank’s Serverless Trade Surveillance Data System

Trade Surveillance Regulations

Every bank must meet regulatory standards. An investment bank like Deutsche Bank must recognize and prevent market manipulation and abuse, even though financial regulation is wide. This is trade surveillance.

Deutsche Bank’s Compliance Technology division implements this control function technically. The Compliance Technology team monitors all bank business lines’ transactions by retrieving data from front office operational systems and performing scenario computations. Any worrisome trends trigger an internal alert for a compliance officer to examine and resolve.

Many systems provide input data, but market, trade, and reference data are most important. The team had to duplicate data between, and sometimes inside, several analytical systems to source data for compliance technology applications from front-office systems, which caused data quality and lineage difficulties and architectural complexity. Trade surveillance situations demand a system that can store and interpret massive amounts of data utilizing distributed computation frameworks like Apache Spark.

Innovation in architecture

The advantages of serverless data architecture

Read more on Govindhtech.com

#DeutscheBank #DataSystem #BigQuery #GoogleCloud #ComplianceTechnology #BigQuerydata #dataanalyticstools #technews #technology #govindhtech

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billehrman · 3 years

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The Art of the Deal

Despite a successful earnings season where 85% of the company's reporting are beating on both the top and bottom lines, we have to deal instead with the Democrat's tax proposals to finance their multi-trillion-dollar infrastructure and social programs. At face value, these programs would hurt growth and investment if passed as proposed.

Don't assume that these proposals will become law. We expect this to be where negotiations start. The eventual tax plan will be far less demanding, just as we assumed that their proposed 28/29% corporate tax rate would eventually end up around 25% to remain globally competitive. We need strong financial markets to fund our economy, and any move to the contrary runs counter to the long-term needs of our country and the return to pre-pandemic levels creating nine to ten million more jobs. We would take advantage of any weakness in the market to add exposure, especially with those companies leveraged to the economy. We see strong growth ahead with much higher earnings than currently forecasted, supported by favorable liquidity trends as all monetary authorities are all in.

News on the coronavirus continues to be mixed as 966 million doses have been administered worldwide, exceeding 16.4 million doses per day. In the U.S, we have administered over 219 million doses averaging close to 3 million per day. India is suffering most, with over 16 million afflicted with the virus, and it is growing by over 300,000 per day. Fortunately, supply is increasing rapidly such that everyone here can get vaccinated by the summer and globally by the end of the year. J&J has resumed shipments in the Eurozone after regulators said that the benefits of the shot outweighed the risks of blood clots which occurred in only nine people out of millions given the vaccine. It appears likely that we will need annual shots, much like yearly flu vaccines. Pfizer and Moderna will be the beneficiaries of annual shots.

All heads of monetary authorities, the Bank of England, BOJ, ECB, and the Fed continue to deliver the same message: monetary policy will remain overly accommodative for several more years, recognizing that inflation could temporarily increase due to shortages, supply lines issues, and the lack of capital spending in 2020 due to the pandemic. In a recent letter to Senator Rick Scott, Powell said that he does not see inflation above 2% for a prolonged period and that the Fed is committed to their dual mandates of maximum employment and stable prices. Christine Lagarde, head of the ECB, said Thursday that the Euro block was still on “crutches” and in need of support from both the central bank and government spending. Sounds familiar? Bond spreads are at historic lows, indicating little financial risk in the system, which certainly is good news. If liquidity drives markets, all monetary authorities have our backs which is good for all financial assets.

Biden's two(?) infrastructure bills and how they would be funded went front and center last week after it leaked that his administration considered doubling the capital gains rate for those earning $1 million or more, to 39.6%. They also propose to keep the 3.8% tax on investment income, bringing the effective rate near 44%. We doubt that will happen, just like we remain convinced that the corporate rate won't go much over 25%. We need to encourage investment in the U.S, and any policy to the contrary would have the opposite effect than intended. What's more, the very wealthy would find a way to avoid the tax such that the government would not come close to raising funds intended to offset the added spending. We still support lengthening the years before there is preferential tax treatment of capital gains which would reinforce investing in America rather than trading.

The Republicans introduced their infrastructure bill totaling $568 billion focused on traditional infrastructure. We still expect an infrastructure bill closer to $1.5 trillion will pass this year, excluding the social spending, funded with higher corporate and "wealthy" income tax increases, user fees, and project bonding. Don't forget that there are elections next year which will impact the voting on these bills and the Dems are at risk of overstepping their liberal agenda.

Economic data both here and abroad continue to be excellent when you consider that we are still in the pandemic. Specifically, U.S jobless claims fell to 547,000, a pandemic low; Conference Board Leading Indicators increased to 111.6 in March, Coincident Indicators increased to 104.0 while lagging Indicators fell to 105.1; the U.S Manufacturing PMI rose to 60.6, a series high; the Output Index rose to 57.2, multi-month high; the Services Index increased to 63.1, again a series high; and new home sales rose 20.7% to an annualized rate of 1,021,000 with only a 3.6 month supply, a record low. Overseas, the data is impressive too, with Germany's PMI at 66.4; and the Eurozone April Manufacturers PMI at 66.3, a one-year high. China's exports are accelerating big time, and we are confident that China's growth in 2021 will exceed 8%, well above their projections.

We listened to at least a dozen earnings calls last week, which all supported our view that we are moving to record high operating margins, earnings, cash flow, and ROIC. Also, it is evident that inventories are woefully low, and it will take at least one year to rebuild to normal levels. Managements are doing an outstanding job which we believe will lead to higher valuations down the road as investors see the cards turning over with many better-than-expected results.

Investment Conclusions

It is essential to stay focused on your core beliefs and understand the implications of each data point as they occur. There is so much noise in the marketplace that it can sometimes be challenging to separate the wheat from the chaff. We remain focused on the virus, monetary and fiscal policy, current data reports, liquidity trends, and company results.

We are getting our arms around the virus as vaccinations increase; monetary and fiscal policies will remain accommodative everywhere; economies are recovering earlier and faster than anticipated; liquidity trends have never been more positive, and companies are beating their forecasts with much better days ahead as the global recovery picks up steam.

Our investments remain focused on companies leveraged to the recovery who will also benefit from increased infrastructure spending. Areas of emphasis include global industrials/capital goods/machinery companies; technology at a fair price; industrial and agricultural commodities: transportation, financials, and special situations. We still anticipate a steepening yield curve, but it may happen slower than initially thought as demand for yield everywhere is so high. We would continue to avoid highfliers selling at inflated valuations.

The bottom line is to hold the line and stay invested in areas with the wind to their backs and watch the art of the deal as it unfolds in the weeks/months ahead.

Our investment webinar will be held on Monday, April 26th, at 8:30, am EST. You can join by entering https://zoom.us/j/9179217852 in your browser or calling +646 558 8656 and entering the password 9179217852.

Remember to review all the facts; pause, reflect, and consider mindset shifts; look at your asset mix with risk controls; turn off cable news; listen to as many earnings calls as possible; do independent research and …

Invest Accordingly!

Bill Ehrman

Paix et Prosperite LLC

[email protected]

917-951-4139

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polomz · 3 years

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Is the reason big companies are successful that they get out of paying so many taxes and thus make their profit and if they did pay those taxes they probably wouldn’t be doing “as well” and that it’s not actually possible to get to that level without some type of tax evasion or loophole and thus it’s been even more of a facade than it already is considering virtually no one can actually achieve that level of “success” if we can even call it that based on the lack of ethics behind the whole process in that how much social services could be paid for by these corporations and how many problems could be solved if this type of system of the free market wasn’t so easily corruptible and isn’t really free when those in big companies sway the political sphere which is in charge of regulation so if they want specific regulation or lack thereof they have the access to get that and they’ll say my company shouldn’t be controlled while in the same breath saying how dare Twitter ban someone for going against their terms of service which is quite literally the choice of the company to whether they cater to certain people or not I thought that’s something they supported unfortunately they don’t really care about silencing unless it’s them but it really all just detracts from the point that they want the right to not pay taxes like everyone else?

I know it’s a simple question but like yknow

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unpopularly-opinionated · 5 years

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RE: My post earlier about the Ooblets Epic Games Exclusive backlash.

I’m not going to show the Twitter user, if you follow the indie game development scene on Twitter it’s likely you’ll recognize this tweet, either way that’s not who I am. The Ooblet’s account on the other hand is fair-game since it’s basically a product placement.

I feel it needs reiterating how utterly dense this kind of tweet is, and how completely skewed the narrative for this issue has gotten, so let me reiterate in obnoxiously large and emboldened font to try and get the point across:

THE GAMING COMMUNITY IS NOT TOXIC

“Honesty” and “transparency” are all well and good, but unless you’re honestly trying to drive away your own community, perhaps you should try being a little less honest and a little less transparent. No one (or I guess no one but this guy and the few who agree with him) is going to thank you for honestly throwing them under the proverbial bus after they’ve spent months, if not years, supporting your project; your dream.

I’ve heard from others that “this is just how they write” and “it’s meant to be funny”, and to an extent, I can understand that. But let me just include some screenshots from the post in question to reiterate my point, because I feel like my previous post didn’t quite get the point across:

(Context: What the Epic Games Exclusivity Deal means for you, the fan and/or financial backer of Ooblets).

I get that the Fortnite bit is the joke, ha ha, Fortnite used to be wildly popular, I get it, good meme. What isn’t the joke, and what was part of why people got upset was the first bit, specifically the “download the Epic Games Launcher and make an Epic Games account” bit, that bit.

Now, I personally have no qualms about having the Epic Games Launcher on my PC. I have long since looked beyond the ‘scandal’ of tech companies saving and selling my data to distant lands to be used for nefarious moneymaking schemes. Is it bad? Sure, maybe. Would I prevent it had I the chance? Of course. Do I have that chance? Not a chance in the world, so I decide to live with it.

That said, many others have not reached that point of fuck it, and understandably so. I hit that point because of my negative outlook on society as a whole but, praise be, there are in fact still some optimists out there who look at these shitty corporate tactics and say no to them, and good on them for that.

That is what I would say is the bulk of the primary issues people have with the Epic Games Store. The missing features bits aren’t terribly important, as even this post says, if you have a social life on Steam, then use Steam. The EGS does not need to be your do-all replacement.

This is where the post should have stopped. Here and now, had this post ended, any and all issues with this decision would have been but a whisper in the wind. As I said in my previous post, yes they undoubtedly would have received plenty of critical, and non-critical backlash for the decision regardless, but ending the post here would’ve 100% put the developers on the right side in this situation and I’d be right up there agreeing with that tweet.

(Context: Are you angry at Epic and/or us for this decision?)

Referring to earlier when I said that playful tone and humour are all fine and dandy, I understand that this is probably meant to sound playful and humourous, but it comes across as largely self-important and ignorant, and the bits that follow do in no way dissuade from that appearance.

While my response to this complaint was similar to their own, in that you should just use Steam for the features that the Epic Games Store lacks, they go on to essentially say that this is just baby EGS and that Steam used to be just like it and look at it now.

While they aren’t technically wrong, from a development point of view, the big thing they need to understand is how web standards have dramatically changed since 2003 when the Steam store launched. Launching a store, of any variety, without a shopping cart is a big no-no.

As far as missing features go, that’s not like missing a friends list or a IM feature, that’s missing a crucial part of a web-based storefront. Imagine going to a store and only be allowed to purchase one thing at a time, that would be ridiculous.

Their response to this was as corporate as any triple-A publisher, or really any corporation at all, from any industry. Just a complete disconnect from society that frankly is unwarranted from what is quite literally a two person operation. Not to mention, their response is quite literally what every parent warns their kids about at a young age. “But mooooooooooooom, everyone is doing it!!!!” Yes sweetie, but if everyone jumps off a bridge, are you going to?

Apparently, yes.

And not to discount the idea of making money, by all means make money, but let me put it this way, had they left this post exactly where I said they should have previously, all of the blame would be at Epic’s feet. Because at the end of the day, having your game be exclusive to one service does not make you money, it makes them money. So this whole “everyone is doing it” schtick doesn’t fly when coming from the developers. Had this been a post by Epic (and frankly with all the shilling I could be convinced it was from them) then this argument might have made just a tiny bit more sense.

Underlined in yellow are the jokes; the “playful” and “humourous” attitude I’ve heard so much about. Underlined in red however, are what the developers are actually genuinely saying with complete and utter seriousness.

“There are worse things in the world to be upset about.” I kid you not, that’s their argument.

Now, all of that reiterated, to get to the actual point of this post (wish Tumblr let you do multiple “Keep Reading” lines but I digress), the article linked in the tweet here is about the previous “non-critical” backlash I mentioned they’d receive, though multiplied exponentially by their horrendous blog post, and further community responses to said blog post.

I’d like to refer to a completely unrelated post I made quite a while ago that really needs to spread like wildfire if you ask me:

RECEIVING INSULTS, UNCRITICAL FEEDBACK, AND/OR DEATH THREATS DOES NOT INVALIDATE THE CRITICAL FEEDBACK NOR THE ISSUE AT HAND.

I am by no means wiping away death threats or mean words as things to scoff at, by all means take them as seriously as you will, but under no circumstances should 20+ people telling you to kill yourself invalidate the hundreds of fans and financial backers who are upset with your recent financial decision, or your response to criticisms to those decisions.

This happens time and time and time again. Someone of note does something bad, for one reason or another, and instead of responding to the completely warranted and justified criticism and feedback they instead play up the 15+ people who IM’d them to drink bleach and throw it up as “an example of the ever present toxic gaming community”.

More or less, the substance to this article is their “apology”, and I use that term very loosely but I’ll get to that, to the community at large for the recent events. The post summarizes the issue from their (biased) perspective, posts some screenshots of the colourful responses they’ve received, the usual woe-is-me schtick.

I’d like to highlight a few bits from it to further exemplify the continued mindset of these people:

I have given the full context to this next statement with these screenshots so that I can now take parts of these statements out of their context to, at least to my belief, succinctly identify the mindset of these folks:

“I understand the relationship people think they might be owed when they exchanged money for goods or services, but...we’ve never actually sold them anything and don’t owe them anything at all.”

I don’t want to get off-topic any more than necessary, but this, this right here is why fundraisers, Kickstarters, GoFundMes, Patreon subscriptions, or any other form of crowdsourcing platforms need to be handled with extreme care. I hesitate to say regulated legally, but I am by no means opposed to that idea.

I want to express this carefully and plainly: LEGALLY, yes they are absolutely right that they do not owe anyone anything. At least to my knowledge, they didn’t have a formal Kickstarter, their financial backing came primarily from whatever it is they do for a living AND the support of their Patreon backers.

And while I do not feel that it needs addressing, for the sake of consistency I will address it: MORALLY they owe the game to anyone who financially supported them with the express purpose of developing the game.

“We definitely owe all of you who supported us, but also fuck off you entitled cunts because we don’t owe you shit.”

When in the face of well-deserved criticism, deflect deflect deflect. As if a broken record, I’d like to again emphasize that yes, legally they owe no one anything. Morally, they do. Legally, they don’t. Morally, yes. Legally, no.

This, in essence, is a response to the majority of people who are like me, who aren’t screaming vitriolic personable attacks, telling them to drink bleach, long jog off a short pier, the works. Essentially: “If you aren’t with us, then you’re against us.”

Because apparently pointing out your blatant mischaracterisation of the gaming community, your outrageously awful personal relations skills, and most especially your morally bankrupt understanding of the relationship between you and the people financially supporting your passion project means we are, by their logic, on a level equivalent in nature to the 10+ people telling them to drink bleach.

Fixed for typos:

Remember how I said this was an “apology” in the loosest form, well what I was referring to was how in the beginning during their (totally unbiased) summary of the events, they more or less said “Sorry you didn’t respond the way we wanted you to.” Beyond that, yeah, it’s not an apology.

And why would we expect one? Nothing they have spat out in the face of their fans so far has even a hint of self-realization or self-reflection in it. Even their acknowledgement of their (horrendously under exaggerated) bad PR skills comes across as a hollow acknowledgement, if it can even be referred to as an acknowledgement at all, because if you truly truly acknowledged it, then this post wouldn’t exist.

As to this anti-Semitic fabrication making the rounds, I have not seen it so I will take their word for it that they did not make one, especially since I have seen fabricated evidence involving Discord messages rearranged out of order. What I feel needs addressing specifically in this chunk though is his reference to “my messages taken out of context to insinuate I don’t care about our patrons/fans”, because if you’ve seen my previous post then you’ll know no amount of context makes this statement look good:

Sure, it’s a true statement of fact now that they have Epic’s money, but it’s fairly obvious that it reads “We have Epic’s money now, we don’t need you anymore.” I’m sure they didn’t mean that, but that when combined with their other statements regarding how they don’t owe their patrons anything, what they are saying is clear as day.

But hey, credit where credit is due, at least with this we can agree:

But of course, as these people are now infamously known for not ending their posts where they reasonably should...

Now I know how much money goodwill, faith, and morals make, and again I would fully expect this kind of response from the likes of EA, Ubisoft, Bethesda, or fuck even Amazon or Facebook to show that corporate greed has no industry bounds, but this is a two person team whose passion project is to make this game which is being financially supported by loyal fans and future customers.

And that’s just it, that is the mind-boggling part to me, that this is all just the self-important, mischaracterising, morally bankrupt, and childishly ignorant ramblings of a small little husband and wife duo.

In summary...

As was said in the blog post, I’m sure that looking from the outside in we don’t get to see the full scope of the vitriolic comments they’re receiving, so to that I give them credit, and the most sincerest of apologies. I’ve received a few death threats and vitriolic hate-filed messages in my time on the internet, and while personally I am unphase by them, I can fully understand that it can be damaging to one’s self-esteem and self-confidence, especially when it comes in relation to your passion project. I am sorry.

But unwarranted, hate-filled, vitriolic, suicide-baiting messages do not invalid those of us criticizing you for the things that you did do, the words that you did say, and the actions that you did take. I mentioned this in my previous post, but as it stands, the centerpiece to this issue isn’t even about the Epic Exclusivity Deal anymore, it’s about you. You and your treatment, of not just the community at large (for which, might I add, is your primary customer base), but of your treatment towards your loyal fans and financial supporters along the way.

You, for whatever reason, act as most of us have come to expect a soulless and faceless triple-A publisher would, when in fact you are just a two person team with public faces. You’re taking the shots that the likes of EA, Activision, or Bethesda would and have taken, but you’re forgetting that it is above and beyond easier to find you then it is to find them.

All we, but more importantly your fans want from you is for you to make the best game that we all know you’re capable of. And for those who supported you this far along the way to be given even an ounce of respect, despite you not needing their support anymore.

#long post #seriously don't click keep reading unless you really want to read this #it's stupid long #ooblets #indie games #indie developers #video game development #random rant

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