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Clbull

@Clbull@lemmy.world

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Clbull OP ,

I work in financial reporting, so I have a decent idea of what makes up things like operating profit/loss and Adjusted EBITDA.

This does not look good for Reddit and if the company only managed a $90.8m loss after jacking up API costs, nuking virtually every third-party client, backstabbing every power mod, giving alternatives like Lemmy and Kbin an actual user base and selling off user data to Google, then I fully expect things to get a lot worse on the site.

Clbull OP ,

Earnings before interest, taxation, deprecation and amortisation. Interest is classed as other income and taxation is kinda self-explanatory.

Depreciation is spreading the cost of a fixed asset over the course of its useful life. So let's say you spend $40,000 on a machine that you expect to keep for 20 years, and scrap for $1,000 at the end of its expected life. You depreciate it on the straight-line basis (meaning it goes down by a fixed amount each financial year, or depreciate it by $1,950 each year. Straight-line isn't the only form of depreciation. Cars for example go down on a reducing balance basis, meaning their value goes down by a lot more during the early years of their lifespan.

Amortisation is like depreciation, but for long term loans and intangible assets (things like customer lists, patents, etc.)

Clbull OP ,

Their R&D costs seem alarmingly high, when the most 'innovative' things we've seen come out of Reddit in recent years have been canned features like their own cryptocurrency and RPAN.

Other than that and Spez being paid a buttload in stock options...

Clbull OP ,

EBITDA is used moreso in internal quarterly and monthly management accounts, which don't follow the exact same structure as an annual report which companies have to publish annually by law and follow GAAP and IFRS guidelinss when preparing.

Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying (www.wired.com)

Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying::Reddit says it wants to reward users by letting them buy into the company’s public listing. Some say it’s too risky—others say they won’t pay a company they’ve already given hours of free labor to.

Clbull ,

I got an invite. Couldn't invest even if I wanted to because I'm not a US resident.

Clbull ,

I mean it's hilarious that we pilloried Elon Musk for trying to sue someone for tracking his private jet with publicly available records and posting this online, but the same people are defending Taylor Swift for doing the same.

I don't think it's a gender bias so much as it's a bias towards people we don't like.

ajsadauskas , to Fuck Cars
@ajsadauskas@aus.social avatar

What can you get to within a 15-minute walk of your house?

A recent YouGov survey asked Americans what they think they should be able to get to within a 15-minute walk of their house.

Of these choices, I can currently walk to all of them from my apartment, aside from a university (no biggie, I'm not currently studying, although there is a Tafe within walking distance), a hospital, and a sports arena.

How many can you get to with a 15 minute walk from your house?

@fuck_cars

Clbull ,

As an Englishman, I counted 8 of these.

Clbull OP ,

I prefer the term Masturbatorium or Wanktorium in British English.

Clbull ,

This is about more than just cars. Anything that uses RFID, NFC, etc, such as an employee badge or even contactless credit/debit card payments, are vulnerable to such an attack.

Jason Thor Hall (ex-Blizzard employee) explains how such things can be used in social engineering attacks. A Proxmark is a similar device to the Flipper Zero.

Regardless of whether it's open source hardware/technology, should we be authorising sales of such prebuilt devices for $170 which can allow the average Joe to break into an office or steal a car?

Clbull OP ,

Both, broccoli is a super food and I warmed to it as an adult.

Clbull ,

And with the unrelated rumours of Microsoft potentially leaving the console business and going multiplatform, it begs serious questions.

Do you really want Sony to have a monopoly on console gaming when they can't even respect ownership rights for digital goods?

Clbull OP ,

It's been weakened since. Used to be known as a wife beater beer.

4.6% ABV isn't even that weak in the grand scheme of things. Fosters and Bud Light are weak as fuck by comparison.

Clbull ,

This is the search engine equivalent of aiming a carbine at your feet and shooting yourself with a .50 cal round.

Cached pages were something I found myself using quite a bit and them going may be the push needed for me to use an alternative search engine.

Clbull ,

People like Gary Bowser are the reason why we need copyright reform.

Clbull ,

Shkreli legit looks like Emo Peter Parker from Spider-Man 3, and is somehow even more of a dick. Good riddance.

Clbull ,

The decision to push Vanguard upon League players is a baffling one, especially since hacking, scripting and botting are nowhere near as prominent in MOBA games.

I can only see one potential upside to this and that is Riot being able to more effectively hardware ban serious rule breakers.

My problem with Riot is that their Customer Support is almost Blizzard levels of shit.

Clbull ,

I'm hardstuck Iron, so I just get paired with morons and professional inters.

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