Non-IT News Thread
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MoviePass owner delisted from Nasdaq
Helios & Matheson Analytics, the parent company of movie-subscription service MoviePass, was delisted from the Nasdaq exchange on Tuesday. The company's shares had been trading for less than $1 since July, a violation of the exchange's standards. Helios has struggled to build a sustainable business model for MoviePass, which has incurred losses after it began charging $9.95 for unlimited access to theatrical releases. To cover the losses, Helios issued billions of new shares, prompting a massive decline in share value, Business Insider reports.
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They dropped from $2,000 a share to just $0.08 a share! That's a decline of 25,000 times!
If you invested $50,000 in MoviePass two years ago, you'd have a whopping $2 today.
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Isn't there a process or research that needs to be done before to prevent stupid decisions like that?
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@black3dynamite said in Non-IT News Thread:
Isn't there a process or research that needs to be done before to prevent stupid decisions like that?
Obviously not.
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@black3dynamite considering how little effort they put into it looking acceptable, it seems far fetched to think that they did any research at all.
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Yeah that Gucci sweater is just bad. It doesn't even look "like Gucci" unless I'm now supposed to think gucci:racism
The article is worth a read as well. Apparently they released this sweater during BHM.
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Amazon cancels New York City campus plan
http://www.bbc.co.uk/news/business-47245877 -
@scottalanmiller said in Non-IT News Thread:
Amazon cancels New York City campus plan
http://www.bbc.co.uk/news/business-47245877I'm not overly surprised by this. Our tax laws here would make it incredibly difficult for any major corporation want to setup a HQ here.
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Trump 'to declare emergency' over wall
http://www.bbc.co.uk/news/world-us-canada-47247726 -
@scottalanmiller said in Non-IT News Thread:
Trump 'to declare emergency' over wall
http://www.bbc.co.uk/news/world-us-canada-47247726In follow-up news "Trump doesn't realize he is stealing from Peter to pay Paul and ISIS resurges"
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Rocket Report: Russia’s new spacecraft; is the US sabotaging Iranian rockets?
“NASA has issued a stop work order on the agency’s Lucy mission."
US may be sabotaging Iranian launch efforts. As noted previously in this newsletter, Iran's two recent rocket launch attempts (on January 15 and February 5) both failed. That is part of a pattern where 67 percent of the country's launch attempts have failed during the last 11 years. The New York Times reports that the Trump White House has accelerated a secret American program to sabotage Iran's missiles and rockets, which is part of an expanding campaign by the United States to undercut Tehran's military and isolate its economy.
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@scottalanmiller said in Non-IT News Thread:
Hulu dropping basic subscription pricing from $8 to $6 per month.
That's still $12 too much.
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@Obsolesce said in Non-IT News Thread:
@scottalanmiller said in Non-IT News Thread:
Hulu dropping basic subscription pricing from $8 to $6 per month.
That's still $12 too much.
Why? Oh they should be paying you $6/m to watch their streaming service?
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@Dashrender said in Non-IT News Thread:
@Obsolesce said in Non-IT News Thread:
@scottalanmiller said in Non-IT News Thread:
Hulu dropping basic subscription pricing from $8 to $6 per month.
That's still $12 too much.
Why? Oh they should be paying you $6/m to watch their streaming service?
Yes.
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@Obsolesce said in Non-IT News Thread:
@Dashrender said in Non-IT News Thread:
@Obsolesce said in Non-IT News Thread:
@scottalanmiller said in Non-IT News Thread:
Hulu dropping basic subscription pricing from $8 to $6 per month.
That's still $12 too much.
Why? Oh they should be paying you $6/m to watch their streaming service?
Yes.
Exactly. There are commercials FFS.
If I wanted to have TV with commercials I'd pay for Cable or Satellite.
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@DustinB3403 said in Non-IT News Thread:
@Obsolesce said in Non-IT News Thread:
@Dashrender said in Non-IT News Thread:
@Obsolesce said in Non-IT News Thread:
@scottalanmiller said in Non-IT News Thread:
Hulu dropping basic subscription pricing from $8 to $6 per month.
That's still $12 too much.
Why? Oh they should be paying you $6/m to watch their streaming service?
Yes.
Exactly. There are commercials FFS.
If I wanted to have TV with commercials I'd pay for Cable or Satellite.
meh - There aren't a ton of commercials, it's really peared down compared to broadcast TV or cable - and hell, with cable you still get full length commercial breaks considering the high price you pay for cable.
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@Dashrender said in Non-IT News Thread:
and hell, with cable you still get full length commercial breaks considering the high price you pay for cable.
And I don't have cable or satellite in my house. So it's a win-win for me. I just pick up OTA and use Amazon Prime/ YouTube for everything else.
