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forkLding

2,200 karma · joined June 18, 2015

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forkLding··on Ask HN: What discontinued company/product do you wish was still around?
Limewire
forkLding··on Ask HN: What discontinued company/product do you wish was still around?
Tilt payment app in Canada, we don't have half of the payment apps like Venmo in the US and it is quite inconvenient sometimes
forkLding··on Palm
This is likely going to go the way of the Essential phones
forkLding··on How Yan Lianke Became China's Most Controversial Satirist
I've read some Chinese novels translated into English (I'm a Chinese speaker) but more Russian ones like Crime and Punishment and War and Peace.

My two cents is that there are some subtleties that are cultural but for the most part its understandable from the reader's perspective as to what the author was getting to. Although google and wikipedia is your friend when it comes to cultural references.

forkLding··on Using International Students as Cash Cows Does No One Any Favours
I've noticed that undergrad international students pay a lot more in terms of tuition fees, usually 3x that of an average domestic student.
forkLding··on Same-sex mice genetically engineered to have babies
After some personal research, cloning usually uses somatic cells (aka non-reproductive cells) to make the same genetic copy of one animal, this is using reproductive cells and combining DNA from two animals, hence the difference. If we're talking about embryo-splitting "cloning", embryo splitting is creating an artificial twin by splitting the embryo into two, they're different from this procedure. All in all, I wouldn't call it cloning, this is more another form of artificial reproduction (https://en.wikipedia.org/wiki/Artificial_reproduction) of which cloning is a category of.

Sources:

https://www.cell.com/cell-stem-cell/fulltext/S1934-5909(18)3... (the actual journal entry)

https://www.genome.gov/25020028/cloning-fact-sheet/

https://learn.genetics.utah.edu/content/cloning/whatisclonin...

https://www.sciencedirect.com/science/article/pii/S111056901...

forkLding··on Uniqlo cut 90% of staff at one warehouse by replacing them with robots
Theres already a lot of automation at car factories and places which heavily rely on machinery to produce goods. I remember seeing that the only people needed is people to repair the machinery if it broke down and the whole manufacturing process being automated with self-driving carts moving around the materials. Note this was a Toyota factory, so it could be skewed.
forkLding··on A fraudster got $12M out of a Canadian university
This is more common than you expect, a friend's company recently suffered a Business Email Compromise where their clientele were emailed and sent invoices to the hackers' bank accounts instead of the actual company's bank account.

Email is definitely a unsafe way to send messages.

forkLding··on U.S. Environmental Protection Agency Plans to Tie Its Own Hands
Expected this to happen when you have EPA administrators who are former lobbyists and whom previously opposed the EPA
forkLding··on As Chinese investment pours into the EU, the Europeans are beginning to worry
In terms of the South China Sea, everyone wants to "colonize" that area from China, Vietnam to the Phillipenes.

For Africa, if you're referring to "debt trap diplomacy", you know what's an easy solution? Stop taking Chinese money and loans. Problem solved.

forkLding··on InVision has no physical headquarters and all 700 employees work remotely
They're pretty big and got into the design tools game early on
forkLding··on Ask HN: I'm going to China. What privacy precautions can/should I take?
Chinese people either like the firewall or hate it due to their political views and internet usage but thats about it, to them its a part of life because they grew up with it. VPN depends, most Chinese people just might not have a clue what you mean when you say VPN cos they're not that technical. In terms of Chinese politics, you can discuss depending on who you're talking to, most kids dont care and others (rural folk) might be full-on red china and supportive of Xi Jinping cos he's popular in the Trumpian sense.

Just be generally courteous and understanding to people who talk to you and you will be fine.

forkLding··on Ask HN: I'm going to China. What privacy precautions can/should I take?
Never thought about it like that but yeah, makes me realize how annoying the TSA are after experiencing both China and USA. The TSA are "miles ahead" with their body scanning technologies and implementation etc.
forkLding··on The First Rule of Microsoft Excel: Don’t Tell Anyone You’re Good at It
Happened to me before as I used to be able to do VBA and use Excel's data analysis toolkit and then a lot of my assignments as a intern was to literally help department managers with their Excel spreadsheets even though that wasn't what I was hired for.
forkLding··on How Our Marketing Team Spends Money Each Month
I'm always amazed at the amount of data Buffer makes transparent
forkLding··on The growth in passive funds has caused markets to become more correlated?
One possible way is if we consider capital allocation in terms of acquisitions, where one company acquires other companies by giving them stock instead of cash (which is what a lot of pre dot-com era telecom companies did to acquire customers + coverage like Verizon or the notorious Worldcom) and the ease of those acquisitions was largely based on the demand of that stock and thus the stock price.
forkLding··on The growth in passive funds has caused markets to become more correlated?
The issue is that in the long run, index funds or passive investors do outperform hedge funds or active investment management as shown by Warren Buffett:

https://www.cnbc.com/2018/02/16/warren-buffett-won-2-point-2...

There are a lot of factors at play but simply for your non-analyst mom-and-pop investors, they don't have time and the know-how to investigate stocks and index funds are just much more accessible and as they say, in the long run we are all dead.

forkLding··on Do we really live longer than our ancestors?
This article is a bit presumptuous.

I don't think I ever equated lifespan with life expectancy, I never ever thought you would just randomly die of old age at age 30 or even somehow reach old age at age 30. I merely presumed sickness and war would wipe you out and you would die of something like that than somehow superhumanly jumping into your old age as soon as you hit 30.

forkLding··on Marriage Costs in China Are Out of Control
Chinese choose auspicious monthes and days too although nowadays I don't think people care as much but I think some still do who want to have a bit of tradition.
forkLding··on China's largest electric scooter maker Niu files for $150M IPO in the US
Whats the evidence for this being a pump and dump or boiler room operation? They are legitimate companies in China and Asia that have a huge userbase. I would doubt other companies but a simple search on Youtube for TikTok shows that an average video has millions of views. They could be just IPOing like other tech companies and raising capital through an IPO.
forkLding··on 12 Startups in 12 Months
Yongfook translated means "Always Good Fortune", I like whats being done in terms of the design and how clear the article is presented. Very readable.
forkLding··on Valley Forged: How One Man Made the Indie Video Game Sensation Stardew Valley
I love the game and loved Harvest Moon, I thank Eric for his work and his dedication.
forkLding··on Bytedance said to be valued at over $75B in new round
Chinese protectionism wasn't bad in the first place, Americans adopted the infant industry argument articulated by Alexander Hamilton and American tariffs were highest in the world from 1816 through 1945, other countries are just now adopting whats working from the past.

https://en.wikipedia.org/wiki/Infant_industry_argument

forkLding··on Bytedance said to be valued at over $75B in new round
Because Korea never protected its internet/software industries or never adopted an infant industry argument for their software, they chose instead to consolidate and protect the powers of chaebols who focused on hardware applications and those industries that it was already good at because they were already making money and likely to do so in the future.

Moreover, the chaebols probably out-competed and bought out any software competitors in their protected status.

forkLding··on Bytedance said to be valued at over $75B in new round
A lot of commenters are arbitrarily commmenting without reading the article, Musically and Tiktok is really a new venture + acquisition for ByteDance, its not their main business but something they're trying out and trying to grow for the future. They're more a corporate group or a consolidating conglomerate of new media startups.

Their main business is Jinri Toutiao, a news aggregation + content site powered by ML recommendations that is very popular in China at ~120MM DAU and revenue targets of ~7.5B overall for the whole corporate group. Otherwise they have quite a bit of other popular video content and streaming sites based in China and Asia.

Sources: http://bytedance.com/products

https://www.scmp.com/tech/start-ups/article/2122432/chinas-b...

forkLding··on Bytedance said to be valued at over $75B in new round
Its main app isnt musically, its Jinri Toutiao, a news app that has reputedly $2B revenue. TikTok, Musically is just its new acquisitions and ventures. It owns a vast array of video content based sites and apps.

http://bytedance.com/products/

From what it seems, its trying to dominate the new media space in China and Asia through consolidation and acquisitions.

forkLding··on Introducing Oculus Quest, Our First 6DOF All-In-One VR System
Wonder if VR systems will replace computers in the future
forkLding··on The $1249 iPhone XS Max is made out of only $443 worth of parts
If they had time, they should probably use absorption costing methods to better estimate the cost of the product as it factors in overhead costs.

https://www.myaccountingcourse.com/accounting-dictionary/abs...

forkLding··on China’s Giant Market for Really Tiny Cars
Hard to answer that one as Shandong province is the most populous province in China. Its also the third richest, the eastern parts especially so while other parts of Shandong not so much.
forkLding··on Telltale Autopsy
Although a lot of the commentary and criticism from people is the bad culture but I really think this was a secondary problem, after all bad culture from the top (autocratic behaviour plus harsh deadlines?) might not kill you. (Apple, Tesla, etc.)

But it would seem the most important aspect is really the declining sales every year that could likely be due to business decisions from the top or simply a cash management issue where the cash at hand was not getting replenished at hand fast enough which again could be a business decision gone wrong based on overly positive sales expectations.

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