High school student hacked into 'unhackable' Apple servers anddownloaded 90GB of 'secure files'

On 2018-08-17 03:45, Nomen Nescio wrote:

1st trillion $ company, hacked by a kid. SMH.

Saudi Aramco is worth much, much more than $1T and has been hacked
numerous times. Not sure if it was "kids" though.


--
"2/3 of Donald Trump's wives were immigrants. Proof that we
need immigrants to do jobs that most Americans wouldn't do."
- unknown protester

In article , Alan Browne
wrote:


1st trillion $ company, hacked by a kid. SMH.

Saudi Aramco is worth much, much more than $1T and has been hacked
numerous times. Not sure if it was "kids" though.

https://www.forbes.com/sites/uhenerg...-is-saudi-aram
co-worth-it-depends-on-the-countrys-institutions/#63727dce7b83
The eventual valuation of Aramco is hotly disputed. The Saudis have
thrown out a figure of $2 trillion. Analysts doubt this figure. Some
put the valuation as low as $500 billion, which would mean a lean
diversification fund of $25 billion.

In article , Wolf K
wrote:

1st trillion $ company, hacked by a kid. SMH.

Saudi Aramco is worth much, much more than $1T and has been hacked
numerous times. Not sure if it was "kids" though.

https://www.forbes.com/sites/uhenerg...-is-saudi-aram
co-worth-it-depends-on-the-countrys-institutions/#63727dce7b83
The eventual valuation of Aramco is hotly disputed. The Saudis have
thrown out a figure of $2 trillion. Analysts doubt this figure. Some
put the valuation as low as $500 billion, which would mean a lean
diversification fund of $25 billion.

"Worth of a company" is a highly context-dependent term. In the USA, it
most often means "capitalization value" (cap value), ie, the value of
the outstanding shares. Elatedly, a lot of companies have used the
Trump tax-break to buy back their shares, which paradoxically can reduce
the company's cap value. Cap value is not the same as market value,
which you really can't know until the company is acquired or merged with
another company. Share value is a bet on the future earnings, so cap
value is somewhat of an illusion. Delusion, in some cases. Market value
is also a bet on the future, so it too is somewhat of an illusion or
delusion (the latter is often the case, as a "write-down of
acquisitions" a year or three later demonstrates). Then there's social
worth, a concept that some economists are beginning to explore.
Accountants use still other measures of worth when they prepare the
annual balance sheet. Etc.

market cap is not an illusion nor a bet.

it's basic math: number of shares * share price. very simple.

So of course the valuation of Aramco is "hotly disputed."

it's hotly disputed because their shares are not publicly traded at
this time.

https://www.cnbc.com/2018/03/19/saud...to-list-only-o
n-saudi-stock-exchange-next-year-dow-jones-citing-sources.html
Saudi Arabia's state-owned oil giant Aramco, the world's largest oil
company, is walking back plans for a massive public share offering on
an international exchange.

On Sun, 19 Aug 2018 12:36:30 +0200 (CEST), Nomen Nescio
wrote:

In article
Wolf K wrote:

On 2018-08-18 10:28, nospam wrote:

[...]
market cap is not an illusion nor a bet.

it's basic math: number of shares * share price. very simple.
[...]

I was talking about the meaning(s) of the numbers.

It's like test scores. 50% correct may be a pass in one context, while
another context requires at least 80% correct.

A 50% test score means you're pretty ****ing dumb. Consider
grading on a curve. Liberals are generally the lowest scores in
the curve because they are lazy and always ****ing off.
Conservatives raise the curve because they do well and work
harder in more difficult areas of study.

You really believe that? Seems like a lot of unsupported
generalization to me.

It is probably a better idea to consider using "authoritarian" in
diametric opposition to "liberal." Conservative has the connotation
of carefully husbanding resources whereas conservative political
organizations seldom give a flip about conservative anything.

It's just a lot of hype and the agenda is to grab the most power and
wealth.

All government is authoritarian; it is only a matter of degree and
direction. Nothing is black and white, it is better to think of
politics as a vector diagram.

Have a good day.

Ditto.

you too

On Sun, 19 Aug 2018 12:29:04 -0400, Wolf K
wrote:

On 2018-08-19 07:46, default wrote:
On Sun, 19 Aug 2018 12:36:30 +0200 (CEST), Nomen Nescio
wrote:

In article
Wolf K wrote:

On 2018-08-18 10:28, nospam wrote:

[...]
market cap is not an illusion nor a bet.

it's basic math: number of shares * share price. very simple.
[...]

I was talking about the meaning(s) of the numbers.

It's like test scores. 50% correct may be a pass in one context, while
another context requires at least 80% correct.

A 50% test score means you're pretty ****ing dumb. [snip irrelevancies]

What part of "depending in the context" do you not understand?

[...]
I was addressing Nomen Nescio, particularly his categorical
generalization saying that "liberals" are lazy.

You fancy yourself as a group moderator?

On Mon, 20 Aug 2018 10:10:23 -0400, Wolf K
wrote:

On 2018-08-20 09:56, default wrote:
On Sun, 19 Aug 2018 12:29:04 -0400, Wolf K
wrote:
[...]
What part of "depending in the context" do you not understand?

[...]
I was addressing Nomen Nescio, particularly his categorical
generalization saying that "liberals" are lazy.

You fancy yourself as a group moderator?


Nope, I just wondered why whoever-said-it claimed that 50% meant "you're
pretty ****ing dumb." Ambiguous snipping, maybe?

Perhaps he's mired in grammar school?