Fish [Indiana]

  • 3 Posts
  • 20 Comments
Joined 1 year ago
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Cake day: July 13th, 2023

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  • "In 2022, J&J made $17.9 billion in profits, and its CEO received $27.6 million in compensation. That year, the company spent $17.8 billion on stock buybacks, dividends, and executive compensation, while the company spent just $14.6 billion on R&D, the report states. “In other words, the company spent $3.2 billion more enriching executives and stockholders than finding new cures,” it concludes.

    In 2022, Bristol Myers Squibb also spent $3.2 billion more on stock buybacks, dividends, and executive compensation than R&D—$12.7 billion on executives and stockholders compared with $9.5 billion on R&D. That year, the company made $6.3 billion in profits, and its former CEO made $41.4 million in compensation."

    It’s pretty clear where these corporations’ priorities lie. I wonder how much of their R&D was funded by US taxpayers.






  • Thanks for this! I was having trouble finding anything with a recent date on it related to Community Points.

    That makes me wonder if Reddit is trying to keep this under wraps until release date, so that their remaining userbase doesn’t have another protest. It’s kind of crazy that they have been working on this crypto garbage for three years, yet don’t have the foresight to see that this is going to backfire. Is there anyone, aside from crypto bros., that are even interested in crypto and NFTs anymore?

    “Failure to follow and comply with the above rules may constitute a breach of the Previews Terms and result in a temporary or permanent ban from Reddit or certain subreddits or removal of your access to Reddit Econ Goods.”

    So they can take your coins at any time if they don’t approve of something that you do.

    “By using any Feature, you understand that the Feature may be canceled at any time for any or no reason, in our sole discretion, without advance notice or liability to Reddit. We reserve the right to modify, suspend, or discontinue any Feature (in whole or in part) at any time, with or without notice to you…There will be no refunds if any Feature is no longer usable on or through the Services.”

    Also, they can get rid everyone’s coins at any time without reimbursing them. I hope Community Points will be the final nail in Reddit’s coffin. It would be really funny if Reddit was killed by crypto.