January 2024 - cypherpunks - lists.cpunks.org

BT Says 'Flawed' £1.3B Unfair Pricing Claim Ignores Case Law
by Gunnar Larson 31 Jan '24

31 Jan '24

BT Says 'Flawed' £1.3B Unfair Pricing Claim Ignores Case Law <https://www.law360.com/competition/articles/1791570?nl_pk=6416fd97-1dc4-4e0…> By Joanne Faulkner Telecoms operator BT argued at the U.K. antitrust tribunal on Tuesday that a £1.3 billion ($1.7 billion) class action accusing the company of excessive and unfair pricing is "profoundly flawed and ignores the basic principles" of competition case law. Read full article » <https://www.law360.com/competition/articles/1791570?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1791570?nl_pk=6416fd97-1dc4-4e0…>

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EU Tire Cartel Probe Targets Michelin, Continental
by Gunnar Larson 31 Jan '24

31 Jan '24

EU Tire Cartel Probe Targets Michelin, Continental <https://www.law360.com/competition/articles/1791624?nl_pk=6416fd97-1dc4-4e0…> By Matthew Perlman European antitrust enforcers are conducting unannounced inspections at several tire companies, including Michelin, Continental, Goodyear and Nokian Tyres, as part of an investigation into suspected price coordination in the sector. Read full article » <https://www.law360.com/competition/articles/1791624?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1791624?nl_pk=6416fd97-1dc4-4e0…>

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Explorer 1 Overview - NASA - January 31, 1958
by Gunnar Larson 31 Jan '24

31 Jan '24

Today xNY.io - Bank.org celebrates Explorer 1 ---- https://www.nasa.gov/history/explorer-1-overview/ Explorer 1 was the first satellite launched by the United States when it was sent into space on January 31, 1958. Following the launch of the Soviet Union’s Sputnik 1 on October 4, 1957, the U.S. Army Ballistic Missile Agency was directed to launch a satellite using its Jupiter C rocket developed under the direction of Dr. Wernher von Braun. The Jet Propulsion Laboratory received the assignment to design, build and operate the artificial satellite that would serve as the rocket’s payload. JPL completed this job in less than three months. The primary science instrument on Explorer 1 was a cosmic ray detector designed to measure the radiation environment in Earth orbit. Once in space this experiment, provided by Dr. James Van Allen of the University of Iowa, revealed a much lower cosmic ray count than expected. Van Allen theorized that the instrument may have been saturated by very strong radiation from a belt of charged particles trapped in space by Earth’s magnetic field. The existence of these radiation belts was confirmed by another U.S. satellite launched two months later, and they became known as the Van Allen Belts in honor of their discoverer.

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PayPal to Cut Around 2,500 Jobs as Rivals Snag Market Share
by Gunnar Larson 31 Jan '24

31 Jan '24

PayPal to Cut Around 2,500 Jobs as Rivals Snag Market Share https://www.bloomberg.com/news/articles/2024-01-30/paypal-to-cut-around-2-5… PayPal Holdings Inc. will reduce its workforce by about 9% this year as Chief Executive Officer Alex Chriss, who took over in September, grapples with rising competition, profit pressures and a raft of analyst downgrades.

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New York sues Citibank for alleged failure to reimburse fraud victims
by Gunnar Larson 31 Jan '24

31 Jan '24

https://www.cnbc.com/2024/01/30/new-york-sues-citibank-for-alleged-failure-… New York Attorney General Letitia James on Tuesday sued Citibank for allegedly failing to protect and reimburse victims of electronic fraud. The suit claims that Citi does not have strong protections in place to prevent unauthorized account takeovers, misleads victims of fraud and illegally denies reimbursements, according to a release. The attorney general's office said the alleged failure on Citi's part has cost New York account holders millions of dollars, and in some cases, their entire life savings.

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[spam] Non-Canon Traffick Boss Spinoffs Reboot 3
by Undescribed Horrific Abuse, One Victim & Survivor of Many 30 Jan '24

30 Jan '24

i seem to have misplaced the original reboot threads starting at 12/24 to compensate for earlier engagement

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PayPal Begins Company Wide Layoffs — The Information
by Gunnar Larson 30 Jan '24

30 Jan '24

https://www.theinformation.com/articles/paypal-begins-company-wide-layoffs

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JPMorgan CEO Jamie Dimon Says US Debt Will Spark 'Rebellion' in Markets
by Gunnar Larson 30 Jan '24

30 Jan '24

https://markets.businessinsider.com/news/bonds/us-national-debt-deficit-jam… Mounting US debt will eventually spark a "rebellion" in markets around the world, JPMorgan CEO said. That's because $7.6 trillion of US government debt is held by foreign entities in countries like Japan and China. "It is a cliff. We see the cliff. It's about 10 years out. We're going 60 miles an hour," Dimon said. --- "That is the worst possible way to do it," he said. "It is a cliff. We see the cliff. It's about 10 years out. We're going 60 miles an hour." For Jamie Dimon, the US fiscal situation has particularly soured since the time he graduated high school, when the debt-to-GDP ratio was about 35%. And the federal deficit, which is the amount the US spends over its budget in a specific year, was much lower than it is today. "Back then the deficit during the recession, so you do spend money in a recession was, I'm going to say four or 5%," he said. "Today, it's 6.5% in a boom time."

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Great new Cyprus Peacekeeping Video
by Gunnar Larson 30 Jan '24

30 Jan '24

https://www.instagram.com/reel/C2urao0OmGY/?igsh=MTllZXFlZGVja215dQ==

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Scandal-Hit Trading Desk Turns Into Money Spinner at Wells Fargo
by Gunnar Larson 30 Jan '24

30 Jan '24

Scandal-Hit Trading Desk Turns Into Money Spinner at Wells Fargo https://www.bloomberg.com/news/articles/2024-01-30/scandal-hit-trading-desk… Wells Fargo & Co.’s early test of how much it can grow a trading desk by leaning on relationships across corporate America is yielding a $1 billion answer. The bank is ahead of schedule in doubling revenue from currencies.

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