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Beaver , to technology in CrowdStrike is sued by shareholders over huge software outage
@Beaver@lemmy.ca avatar

Good make them pay

Mikina ,

While I’m all for holding CS accountable for what happened, thisis not the way how to do it and to whom they should be accountable. If there’s any lawsuit, it should come from the customers who have been affected by the outage, not some fucking investors and shareholders that probably kept pressuring CS for the last several years to reduce costs and increase revenue, that are now scrambling to avoid consequences of their endless greed ruining companies they don’t care about by forcing endless growth at all costs and doing as much as they can to prevent internal investments, because that’s not what makes the line go up.

Fuck them. I hope they loose and have to eat their losses + expensive lawsuit. If CS would be able to actually invest their revenue internally, instead of it feeding pockets of greedy investors who give literaly zero fucks about the product or the service, this may not have happened.

I saw that happen at the cybersecurity company I was working at, when we got acquired by investors. Several milion of profit after costs suddenly wasn’t enough, and we had to reduce already non-existent internal projects or investments, that we have already been lacking to be able to do our job properly.

avidamoeba ,
@avidamoeba@lemmy.ca avatar

I think upon closer inspection you might find that CS’es primary duty is upholding the interests of its shareholders, not the customers.

Mikina ,

I’m sure there’s a lot of CS employees that would disagree with that, unfortunately there’s probably not much they can do about it.

I was just a few days ago giving my two weeks notice exactly for that reason. I’m getting so fed up with capitalism and companies working for the vultures who give zero fucks about what you do or whether you do it well or not, prioritizing profits over actually doing your job well. I don’t care about money, I worked in cybersec out of principle, to help people with their security. I don’t really care about money, as long as there’s job to be done for someone, I don’t really care if the project I’m working on is super profitable for me, as long as it at least breaks even. But no, we had to cut corners, basically scam our customers by selling products we had no qualified people for who barely scraped by enough results for the customer to not notice it. Non-existent R&D or training, because several milions of anuall profit are not enough. Fuck all of them, if I’m ever going to work again in cybersec, it will be a non-profit.

This OP’s article infuriates me, the nerves they have to demand more money for what’s entirely their failure, which they also directly cause in every company they touch. I’m sure that the fact that the failure was so devastating for most companies is also by large margin fault of their investors, some of which are probably also part of this lawsuit, that blocked investment into disaster recovery plans or backups, because their millions of profit per year felt low.

I feel like I’m getting pretty radicalized recently, ugh.

MajorHavoc ,

I feel like I’m getting pretty radicalized recently, ugh.

Joking aside, this place is actually pretty central, politically. It’s the rest of the world that went on a capitalist assholes spree.

(Edit: and honestly, I suspect we will learn there’s a lot of billionaire-funded bots making us feel like the world’s opinions changed.)

“Let’s just accept each other’s pronouns while holding billionaires accountable for their actions” shouldn’t be considered radical ideas, at all.

And yeah, fuck all of these investors. They’re effectively suing the real workers who were left holding the bag after the investors “line go up forever” bullshit came to roost.

avidamoeba ,
@avidamoeba@lemmy.ca avatar

I have no objections to your view for how things should be. It’s definitely not how they are and I think it’s important for people to realize what the reality is for any change to happen.

FaceDeer ,
@FaceDeer@fedia.io avatar

not some fucking investors and shareholders that probably kept pressuring CS for the last several years to reduce costs and increase revenue,

This is presumably part of what would be at issue in court. The shareholders are claiming they were lied to. We'll see how that holds up.

Mikina ,

I really hope that CS will come up with recipes and emails where the board specificly “strongly recommended” that they reduce operation costs or denied internal investments. It probably won’t happen, because such pressure from investors is usually pretty vague, i.e they don’t literally tell you to cut corners, but they strongly suggest that if you won’t somehow increase revenue, you (the management) will have problems. Of course, it’s up to you how you do it, but to meet their often unrealistic demands, just doing a better job while also investing into internal failsafes is often simply not possible. It’s a loss-loss situation for CS, but I really hope they won’t loose this legal battle.

lemmyseizethemeans , to worldnews in Venezuelans protest as observers say presidential vote undemocratic

Observers the CIA

RizzRustbolt , to news in Biden, Lula press Venezuela to publish election tallies

“Oil-producing country”

Damn Reuters, you crazy.

MediaBiasFactChecker Bot , to world in South Korea arrests official over alleged data leak exposing spies, reports

Reuters Media Bias Fact Check Credibility: [High] (Click to view Full Report)> Name: reuters.com> Bias: Least Biased
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nekandro OP , to worldnews in Zelenskiy signs law allowing Ukraine debt payment suspension

Default incoming?

yogthos ,
@yogthos@lemmy.ml avatar

I don’t see what else can possibly happen here

homesweethomeMrL , to news in Boeing names aerospace veteran Kelly Ortberg CEO to steer turnaround

How many millions does the board get for doing the bare minimum?

davel , to worldnews in Venezuelans protest as observers say presidential vote undemocratic
@davel@lemmy.ml avatar
  • Independent observer says vote not democratic

The U.S.-based Carter Center, which observed the vote, said in a statement late on Tuesday the election “did not meet international standards of electoral integrity and cannot be considered democratic.”

The Carter Center is not independent: it was literally named after and created by a US president, the same US that wants Venezuela to de-nationalize/re-privatize their oil, and that recently failed a coup attempt

No_Ones_Slick_Like_Gaston , (edited )

This very center in the past certified Hugo Chavez elections and while US based it’s not receiving money endorsement or support from either of the contenders in this race; additionally was one of the few Maduro’s government allowed.

This does not make any difference on the facts that the electoral authority has failed to present results with a breakdown of where the votes have been casted and proclaimed Maduro the winner without disclosing the tallies of the process.

Please stop being an internet colonizer denying countries of their own election results when the Venezuelan government has NOT published them and the opposition has it organized by state, county, city, street and polling station showing Maduro lost.

krolden ,
@krolden@lemmy.ml avatar

Stop shilling united States think tanks interference in sovereign countries elections.

Oh wait you can’t read this because lemmingworld has me blocked

FlyingSquid , to news in US appeals court lets Texas keep river barrier against border crossings
@FlyingSquid@lemmy.world avatar

The barrier has fucking circular saws. Of course it’s the Fifth Circuit okaying that.

newsweek.com/video-texas-floating-barrier-saws-ri…

chuckleslord ,

Fifth Circuit openly wonders where are the sharks with laser beams?

taanegl , to worldnews in Drillers emit far more methane than US estimates, aerial survey shows

Ha. “Estimates”.

Anyone under the delusion that the EPA hasn’t been hamstrung by lobbying and special interests? Trump wants to get rid of it, because it’s such a thorn in one’s side when you can’t just destroy entire environments at the behest shareholders.

Won’t somebody please think of the shareholders?!!

pop ,

The real “Ha” is that the west has everyone under the delusion that only China, Russia and India and others lie on their environmental statistics and they themselves are the stewards of fight against climate change. While keeping a low profile of doing the exact opposite.

theguardian.com/…/new-oil-gas-emission-data-us-uk

Your strawman proves their peopaganda works.

“Meh! It sucks but you just wait until the other guy does something worse”

What an attitude to have. But whatever makes you sleep at night.

taanegl ,

Strawman? Where TF do you see a strawman? Is it somewhere behind your whataboutism?

“There is corruption in other countries too you know”… yeah, thanks. We talk about them separately because it’s necessary to analyse each one individually.

But, as a matter of indulgence we can say that US regulations are much more lax than in the EU proper, which is tbf also culpable in petroleum, gas and yee olde capitalist exploitation, but it is still a far cry away from China, India and Russia, because those are highly authoritarian countries that are ruled by oligarchies that do not GIVE A FUUUCK about their citizens, even much more so than even the US.

In any case, wtf does all that have to do with the history of the EPA being made a limp dick by way of lobbying and intentionally ineffective policies? The point remains the same, the EPA has been weakened and it’s apparent all across the US - word to Flint, Michigan.

Time for a damn reform I say.

Don_Dickle , to world in Hamas leader Ismail Haniyeh killed in Iran, drawing threats of retaliation against Israel

Hey mods can you do something about this reposting over and over again?

sunzu , to news in Boeing names aerospace veteran Kelly Ortberg CEO to steer turnaround

Good this federal government has limitless cash... That's the only thing that's going to save boeimg and its crappy culture

sunzu , to news in Exclusive: Citi breached a rule meant to keep banks safe, made liquidity reporting errors

There are many legitimate uses for intercompany transactions but that's also where a lot of crime happens too long

Limp dick compliance departments are under staffed and under paid and when big daddy SVP comes in, they get pushed through or you lose your job.

Then we all wonder how the "internal controls" are just never good enough to protect against malicious executives.

Then limp dick regulator does nothing....

Makes you wonder if the system is broke or is it working as intended. Real people are getting laid well!

HEXN3T , to news in Heavy metal in most chocolates may not pose health risk, researchers say
@HEXN3T@lemmy.blahaj.zone avatar

Great! System of a Down goes great with chocolate!

MediaBiasFactChecker Bot , to world in Russian-UK dissident Kara-Murza disappears from jail in latest sign a prisoner swap with West may be close

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MediaBiasFactChecker Bot , to news in US appeals court lets Texas keep river barrier against border crossings

Reuters Media Bias Fact Check Credibility: [High] (Click to view Full Report)> Name: reuters.com> Bias: Least Biased
> Factual Reporting: Very High
> Country: United Kingdom
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