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CountSessine

3,870 karma · joined May 15, 2010

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CountSessine··on Biogen agrees to pay $900M to settle drug kickbacks allegations
Ask and ye shall receive: Biogen annual net income for the year ending...

2010-June-30: $1094M

2011-June-30: $1076M

2012-June-30: $1342M

2013-June-30: $1608M

2014-June-30: $2140M

2015-June-30: $3490M

Also, because someone asked, edgar has a bar chart breakdown of Biogen's product revenue. The lawsuit was about Biogen's drugs Avonex, Tysabri and Tecfidera. The bar chart (https://www.sec.gov/Archives/edgar/data/875045/0000875045150...) seems to indicate that these three were responsible for about 80-83% of Biogen's revenues (and presumably net income?) in 2014.

I guess what we don't know is what their sales would have been like without the kickbacks? Less, presumably? But 0? Probably not.

CountSessine··on Biogen agrees to pay $900M to settle drug kickbacks allegations
Their net income for 2021 was $1058M on about $10B of revenue, so this mostly wipes out 1 year of profits.

¯\_(ツ)_/¯

CountSessine··on Playstation 2 Architecture
The Emotion Engine was very much the CPU+VPU of the PS2, not the GPU. The GPU was referred to as the GS or Graphics Synthesizer.

I still had all the tech manuals for the PS2 lying around on my bookshelf until a couple of years ago. Can’t hold on to old stuff forever!

CountSessine··on The South Asian Polycrisis
Thanks for this. My first suspicion was that it had something to do with crypto.
CountSessine··on Rust 2024 the Year of Everywhere?
I think any language that has the concept of storage classes will be complicated because you have to deal with copy versus move vs borrow semantics. Other languages get around this by just saying that primitives are on the frame and everything else is on the heap.

Efficiency has its price.

CountSessine··on Plastic might be making us obese
Diet is an HN magnet for bike-shedding and anecdotes.
CountSessine··on What's SAP, and why's it worth $163B? (2020)
This is the very definition of enterprise software - the people who buy it are not the same people who use it.
CountSessine··on EY to pay $100 mln to settle U.S. charges of staff cheating on accountant exams
This is the difference between the long number system and the short number system:

https://simple.wikipedia.org/wiki/Long_and_short_scales

The long system makes vastly more sense, but in the English world we use the short system, except of course for the English themselves who used to use the long system and tragically regressed to the short system officially in the 1970's.

Of course, in my perfect world, we would use neither because we'd be using base-12: https://en.wikipedia.org/wiki/Duodecimal

CountSessine··on Tech Companies Won't Say If They’ll Give Cops Abortion Data
Tech companies are US corporations which are legal entities created under US laws and run by US citizens who are human beings who can be handcuffed and put in prison. Asking them to break US laws, even bad ones, is unrealistic.

What we should be asking them is whether they’re now doing everything they can to scrub their datasets of information that could be requested by police and could be used in abortion cases.

CountSessine··on The end of the world is just beginning for shipping
Exactly. They entire EU energy strategy was predicated on the idea that trade would moderate Russian ambitions and hold the peace. And they were flat out wrong.
CountSessine··on Microsoft will include pay ranges in all U.S. job postings
Wouldn't this qualify under the dormant clause if it protected firms in Washington state by making it uneconomical for recruiting firms from elsewhere in the country to enter the Washington labour market? This isn't just about listing wages for positions in Washington state - it would be viral and would contaminate a business's operations everywhere. It would be very cozy for recruiting businesses that operate in Washington state exclusively.

This would kind of be like the Exxon case, but if Maryland had tried to prevent Exxon from having gas stations ANYWHERE in the US if they started doing business in Maryland.

"Enter if you dare, but all your business in the rest of the nation will be affected and you will lose your competitive edge vis-a-vis recruiting firms that stay out of Washington!"

CountSessine··on Microsoft will include pay ranges in all U.S. job postings
This isn't epwr's claim. His claim is that Washington has written and passed a law that binds Microsoft's operations outside Washington state, which I'm pretty sure would violate the commerce clause.
CountSessine··on Why developers seem to only build luxury housing (2018)
Nonsense.

Your city council is the People’s Central Planning Committee that runs the construction economy in your city. They decide what is produced and they decide who does it. Construction in your city is a planned economy - every bit as much as the Soviet Union or pre-Deng China.

And like every planned economy, it sucks and fails in just about every way.

CountSessine··on Why developers seem to only build luxury housing (2018)
Community types enforced by rigid laws outlawing market alternatives.

If your “quality of life” is so compelling, why do you need to outlaw everything else, comrade?

“Tear down this wall, Mr Gorbachev”

CountSessine··on Sometimes, it is a compiler bug: inding and fixing a bug in a C++ toolchain
I found a genuine compiler bug once, but it was in an obscure C++ compiler for the Playstation from an outfit called SN Systems (I think it used the EDG front end).

But it was in a semi-experimental feature that did some really weird stuff - it was for inline assembly code without an `asm` block - you could just inter-mix MIPS assembly instructions with your C++ code statements. Or rather you could if it worked properly. It was an ambitious feature - a bit too ambitious I think.

CountSessine··on Why America has so few carpenters
That was an analysis? That was a lazy regurgitation of luddite talking-points that you'd hear in pubs after a few drinks.
CountSessine··on 1 TW of solar to be deployed annually by 2030
This is the “20 years out” that I mentioned.

In the meantime, it’s lithium.

CountSessine··on 1 TW of solar to be deployed annually by 2030
Such as? Gravity is a terrible way to store energy, and everything else seems to be 20 years out.
CountSessine··on I want an iPhone Mini-sized Android phone
Among smartphone customers, what do you think the numbers are for customers who prefer a big phone vs a little phone?

99/1?

90/10?

80/20?

I don’t know this myself. But I figure that if no one is stepping into this market, it’s probably pretty damn small.

CountSessine··on Amazon abruptly fires senior managers tied to unionized warehouse
The funny thing is though that for warehouse employees at Amazon, their job is so simple and all of their work is wrapped up and recorded for KPIs that if they slow down or become unproductive, they could be fired electronically without even assuming that the slowdown was intentional.

They’re hamsters on a wheel and the wheel isn’t going to slow down just because they’re upset about their situation.

CountSessine··on Apple hit with EU antitrust charge over its payment technology
Are we still pretending like

Are you actually pretending that any of these cases compares to the scope and the depth of Volkswagen's treachery and lawbreaking with "clean diesel"?

CountSessine··on Apple hit with EU antitrust charge over its payment technology
Yes I think the same thing. “Regulatory competition”? Maybe the only truly effective antidote to regulatory capture.
CountSessine··on Apple hit with EU antitrust charge over its payment technology
Apple isn’t an EU company so they get regulated hard.

Volkswagen was pumping tons of NOx into the air in EU cities for years and regulators there rolled over and looked the other way the whole time. But in the US they got regulated hard.

CountSessine··on Letter from the Carnation Company (1987)
If it’s questions and curiosity then that’s wonderful. But I find that it’s more likely to be contempt and simple-minded dismissal borne of cocksure overconfidence, and that’s probably what the OP is thinking of.
CountSessine··on Amazon workers at 100 more facilities want to unionize: Amazon Labor Union
Amazon Web Services won't have a union because support for unionization among Amazon's developers is low. Amazon will split itself in two before this happens.

My prediction - warehouses that unionize will get split off into separate companies and be contracted out to by Amazon.com, the store. But they rely on Amazon.com for so much of their tech that they'll be beholden to them and have no leverage in negotiations. Warehouse workers will be even worse off than they are today.

CountSessine··on Amazon workers at 100 more facilities want to unionize: Amazon Labor Union
Why would the municipality do that to homeowners, the majority of whom are not logistics warehouse employees but do want products delivered to them quickly and inexpensively?

Like, just the game-theoretic analysis here suggests municipalities will want nothing to do with this.

CountSessine··on Canada to ban foreigners from buying homes
That isn't what the commenter you originally replied to was stating, nor was it my position. While your argument may have merit, it's a non-sequitur when used as a rebuttal to either that commenter or myself.

The poster is literally responding to a news article about housing affordability with the declaration about blind-bidding, "This is such a huge deal".

It really isn't. This is the difference between English vs Dutch auctions and the relative merits in an open and sane market can be debated. Sealed auctions are not a market failure. Sealed auctions do not necessarily lead to higher bids. Sealed auctions do not necessarily lead to market asymmetries. The effects of these two auction choices is largely irrelevant as long as we have the demand curve pushed out to crazy-town.

Do research on the property! One of the big advantages of Dutch auctions is that bidders don't get information on how you value something! Except of course that everything is valuable because of scarcity so yeah actually I guess sealed bids won't really provide a lot of value for the buyer.

Adjust your bid as others bid! English auctions allow you to make lots of adjustments based on what other bidders think something is worth! Oh, except of course everything is in demand so everyone just keeps bidding and the frenzy makes other participants unpredictable... so yeah, actually I guess open bids won't really provide a lot of value for the buyer.

I get it, you have a point you want to make. There are more constructive ways to do so than to misconstrue the arguments of the people you are replying to.

I'm really just tired of the bs.

CountSessine··on Canada to ban foreigners from buying homes
That other problems exist is not a valid reason to prevent fixing something if that fix actually helps in some way

That scarcity exists is the whole reason we're focusing on foreign buyers in 2022. And blind-bidding in 2021. And investors in 2019. And money-laundering in 2018. And Chinese money in 2017. All of these things should be addressed, but every one of them has provided political cover for the real reason that housing is so expensive in popular cities, which is scarcity.

None of these things will matter one whit to housing affordability. "Helps in some way" is fine as long as we understand that it has nothing to do with high housing prices. "Helps in some way" is fine as long as we measure our claims and admit that this is about basic fairness and respect for the law. "Helps in some way" is alright except that "helps in some way" has been sold for the last 6 years, politically, as, "this is the reason you can't buy a home! Surely it has nothing to do with NIMBYism and our suburbs! Please don't ask me, as your elected representative, to take on suburban voters and start talking about housing equity as it relates to affordability!"

Every one of these things should be dealt with. Canada should probably have anti-racketeering laws. Real-estate boards should have less power and should be compelled to publicize their sales data. Etc, etc, ...

Just quit the bullsh*t about this being about addressing housing affordability.

CountSessine··on Canada to ban foreigners from buying homes
I completely agree. 1%/year should be very manageable. Especially for the country with the 2nd largest landmass in the world.

And yet here we are.

Folks love their suburbs. And they love those laws protecting their suburbs and excluding everything else the market might want to try.

CountSessine··on Canada to ban foreigners from buying homes
When I hear baby-boomers arguing against the numbers, statistics, and facts and saying things like, "don't touch my equity! You just have to be patient! It'll work out for you, too!", I sort of think about this - that this is a huge intergenerational transfer of wealth.

Of course some millennials will enjoy a windfall when mom and dad eventually downsize. Not all, by any means - but some.

I hope you're lucky enough to have some house-rich parents! It's always good to be an aristocrat!

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