HN user
No it's really unfair and a stunt.
Expecting to taste a red wine and getting a disguised white wine means you're not ready to appreciate a white wine. It's a whole different world so no wonder they found it off.
It would have actually been a better call to stick to white wine, no coloring added, and differentiate only with the label.
Babel metaphor aside, is Spiegel's core argument true?
He believes Facebook's ad revenues are also overdependent on venture-backed startups buying traffic and users
FB's ad portfolio seems too composite to be called startup-dependent. Or is it? I have no data on this.
"you should backup"
What about in 10, 20 years? Photo libraries will keep inflating. Local storage will not. As of now I backup from a SSD Mac. What happens when I don't have a computer anymore?
Interestingly, people don't value "bits" or information. We value moments and emotions and work and art. There's no successful current consumer business model for people to store and backup photos (Backblaze is mainly prosumer).
And so aren't social networks the real backups by now? The redundancy of publishing on multiple services means some photos will stick and the rest will fade, somehow like former printed pictures I guess. Publish it or lose it?
Did MS? Including the cost of the lay off ($1.6b says Recode), Nokia price was actually $8.8b. What was their business case that was so easily scrapped just months into the purchase?
It may be successful on a tax/accounting perspective since the purchase was made in € with cash that couldn't be brought to the US.
Yet this does look like a gigantic waste of assets. Warren Buffett says that a successful business is all about mindfully allocating its resources. This looks like the oppsite - no wonder that Nadella has a hard time explaining what happens in simple words.
So MS Bought Nokia and ~30k employees for ~$7.2 billion last April.
3 months later, MS may now be firing ~half of the Nokia group. The executives who drove that catastrophic deal stay.
What a testament to how disastrous big M&A really is. Is there any large acquisition that succeeded in the last 10 years? I'd feel sorry if I was a Nokia guy there, they pulled out the best non-Apple phone hardware in the last years.
Probably also a good reminder for Blackberry - dont sell yourself and die trying, it actually can't get worse.
Lustig's point is that you don't know you're eating sugar when you actually are. Up to 10% corn syrup in white breads, sauces, any precooked meal, sausages. If you eat BBQ sauce, you're eating sugar.
Salt and sugar save low aroma food (>80% processed food). Their combined power on the human body is vicious.