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Gold Phone and Mobile Service Blasted as Latest 'Trump Family Profiteering'

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    L
    I believe that's what a write down generally reflects: The asset is now worth less than its previous book value. Resale value isn't the most accurate way to look at it, but it generally works for explaining it: If I bought a tool for 100€, I'd book it as 100€ worth of tools. If I wanted to sell it again after using it for a while, I'd get less than those 100€ back for it, so I'd write down that difference as a loss. With buying / depreciating / selling companies instead of tools, things become more complex, but the basic idea still holds: If the whole of the company's value goes down, you write down the difference too. So unless these guys bought it for five times its value, they'll have paid less for it than they originally got.
  • One-Click RCE in ASUS's Preinstalled Driver Software

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    M
    Yeah, Lemmy has a VERY large Linux user base, which means Windows discussions tend to get mocked or dismissed. But the reality is that Windows is still the dominant OS for the vast majority of users, by leaps and bounds. Linux runs the world’s infrastructure, but Windows is what the average user boots up every day. “This exploit only works on the average user’s OS. And it only works if the user clicks the “yes” button to escalate permissions, which they have been conditioned to always do without question. Obviously this isn’t an exploit to worry about.”
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    swelter_spark@reddthat.comS
    The amount of suffering it's already caused will never be worth it.
  • Mega-BUNDLE Offer

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    T
    Unlock the ultimate toolkit for entrepreneurs, marketers, and content creators with the AISellers Mega-BUNDLE! This all-in-one package is packed with cutting-edge AI tools, templates, and automation workflows designed to skyrocket your productivity, simplify your sales funnel, and grow your online business—faster than ever before.
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    G
    Just for the record, even in Italy the winter tires are required for the season (but we can just have chains on board and we are good). Double checking and it doesn’t seem like it? Then again I don’t live in Italy. Here in Sweden you’ll face a fine of ~2000kr (roughly 200€) per tire on your vehicle that is out of spec. https://www.europe-consommateurs.eu/en/travelling-motor-vehicles/motor-vehicles/winter-tyres-in-europe.html Well, I live in Italy and they are required at least in all the northern regions and over a certain altitude in all the others from 15th November to 15th April. Then in some regions these limits are differents as you have seen. So we in Italy already have a law that consider a different situation for the same rule. Granted that you need to write a more complex law, but in the end it is nothing impossible. …and thus it is much simpler to handle these kinds of regulations at a lower level. No need for everyone everywhere to agree, people can have rules that work for them where they live, folks are happier and don’t have to struggle against a system run by bureaucrats so far away they have no idea what reality on the ground is (and they can’t, it’s impossible to account for every scenario centrally). Even on a municipal level certain regulations differ, and that’s completely ok! So it is not that difficult, just write a directive that say: "All the member states should make laws that require winter tires in every place it is deemed necessary". I don't really think that making EU more integrated is impossibile
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    cole@lemdro.idC
    they all burn up, that article does not dispute that
  • Google is Using AI to Censor Independent Websites

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    demonsword@lemmy.worldD
    You can go to communism Island if you want Despite all the propaganda, there is no place right now on the face of our planet that is under communism. bit [sic] I’d rather have capitalism, thank you Well, aren't you fortunate, you already have all the capitalism you want, anywhere you go. Choke on it.
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