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jonknee

33,361 karma · joined May 22, 2008

Indie web app hacker (more JS than anything lately, but I prefer Python) and landscape photohgrapher.

Instagram: @tookthescenicroute Email: me@jongales.com

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jonknee··on Amazon in Its Prime: Doubles Profits, Pays $0 in Federal Income Taxes
The reason Amazon doesn't make a lot of money (and thus pay a lot of income tax) is because they keep hiring people to make new stuff. What more do you want out of a company?
jonknee··on Amazon in Its Prime: Doubles Profits, Pays $0 in Federal Income Taxes
Amazon is about the worst example you could have for putting profits over anything. They have a tiny profit margin and are the second largest employer in the country.
jonknee··on No Thank You, Mr. Pecker
Not just a cover story, they created a whole glossy ad free magazine about him and printed 200,000 copies. It's bizarre.

https://www.thedailybeast.com/trumps-publisher-pal-puts-saud...

> Greeting Americans on newsstands is a high-quality glossy advertisement for MBS, The New Kingdom. It retails for $13.99, has no ads and its 200,000 copies can be found in venues ranging from U.S. airports to WalMart, Safeway and Kroger’s—raising questions about the magazine’s financing and its origins. The Saudis say they don’t know how it came to be. AMI, which publishes The National Enquirer, insists it had no outside editorial or financial assistance, from the Trump administration or otherwise.

jonknee··on No Thank You, Mr. Pecker
Which makes stories like this a lot more interesting:

https://motherboard.vice.com/en_us/article/mby7kq/malware-to...

> Saudi Arabia paid $55 million to purchase iPhone malware made by NSO Group, according to a recent report by Israeli newspaper Haaretz

The Saudis really disliked the Washington Post digging into their murder of Khashoggi, it doesn't seem too crazy that they set their sights on the boss and ended up stumbling upon some juicy texts and pics. The really interesting part is how they got to AMI. I have to imagine there is a Trump connection somewhere along the way.

jonknee··on No Thank You, Mr. Pecker
> I prefer to stand up, roll this log over, and see what crawls out.

It's going to be fascinating to see what he uncovers. David Pecker has been playing this extortion game for decades (frequently on behalf of his buddy Don Trump). Now Bezos has given a blank check to drain the swamp.

> To lead my investigation, I retained Gavin de Becker. I’ve known Mr. de Becker for twenty years, his expertise in this arena is excellent, and he’s one of the smartest and most capable leaders I know. I asked him to prioritize protecting my time since I have other things I prefer to work on and to proceed with whatever budget he needed to pursue the facts in this matter.

jonknee··on Instacart CEO apologizes for tipping debacle
It's depressing when paying back the money you stole and apologizing is "not what I expected" in a good way. Jumping over the world's lowest bar.
jonknee··on Instacart and DoorDash’s Tip Policies Are Delivering Outrage
There is a worldwide network of machines that do nothing but give cash out from your bank account. Judging by the number of them I'd wager that almost everyone has cash.
jonknee··on Instacart and DoorDash’s Tip Policies Are Delivering Outrage
The Excel models all look a lot nicer if you take the tips!
jonknee··on Instacart and DoorDash’s Tip Policies Are Delivering Outrage
> Why did NO ONE in any meetings when designing this "feature" or process say anything?

Who's to say someone didn't? All we know is they decided to steal tips, not that everyone thought it was a great idea.

jonknee··on Instacart and DoorDash’s Tip Policies Are Delivering Outrage
The kick of the plot here is to not tip on Instacart as you're just handing money to VCs. Or maybe give the driver cash?
jonknee··on Apple leaves Facebook offices in disarray after revoking app permissions
> Apple's closed environment not allowing of any apps to be installed in anyone's phone unless app is downloaded from AppStore

Except the enterprise distribution which is what Facebook fucked up by breaking the rules. You have to try really hard to get that revoked, Facebook did and now they're in a tough spot. This is fine.

jonknee··on Apple leaves Facebook offices in disarray after revoking app permissions
Why should they? Facebook went out of their way to abuse the rules, but should get an exception because they buy a lot of iPhones?
jonknee··on Apple leaves Facebook offices in disarray after revoking app permissions
> Which, by the way, might be a bit scummy but as far as I can see theres no indication they have broken any laws there either.

It broke the agreement they made with Apple to get the key and as such Apple revoked the key. It seems very cut and dry to me.

jonknee··on Apple leaves Facebook offices in disarray after revoking app permissions
> Apple's power on device owned by customers is ridiculous

It's a feature I appreciate. Malware is a serious problem and one I'd rather not deal with on my phone.

jonknee··on Facebook Watch Isn’t Living Up to Its Name
Well according to the article, that's exactly why they created Watch...

> Although the company accounted for an impressive 45 minutes of its average user’s day, that wasn’t in chunks big enough to send them the ever-growing number of ads at the heart of the company’s business model

> Zuckerberg and other executives decided to try to boost that number by pushing their way into a much older kind of advertising model: TV

jonknee··on Facebook Watch Isn’t Living Up to Its Name
Me either and we're at least in good company:

> Last summer, a year after Watch went live in the U.S., half of consumers hadn’t heard of it and three-quarters hadn’t used it, according to researcher Diffusion Group

jonknee··on Best Buy’s Secrets for Thriving in the Amazon Age (2017)
> When I watch it, my analytics aren’t tracked

Unless you watch it on a smart TV. It's a shame you can't get the features of a modern TV without content tracking.

jonknee··on When a Bike Company Put a TV on Its Box, Shipping Damages Went Down (2017)
It's hard to say how much anything actually costs in aviation because no one pays list price and are outfitted per the buyers' specs (why airlines all have their own in cabin look). Discounts are usually north of 50% off "list". Economy style seats don't have a lot going on and definitely don't cost the same as a Lambo.

You can even buy your own if you want to be uncomfortable in your own home:

http://usedairlineseats.com/product/set-of-coach-class-tripl...

jonknee··on Party is over for dirt-cheap solar panels, says China executive
That would also throw throw us into a world war that would devastate the planet, but hey.
jonknee··on US shutdown: Flight delays caused by staff shortages
Not everyone is directly a Federal employee, there are tons of contractors and people who work for contractors who won't get back pay and aren't guaranteed anything.
jonknee··on Oregon Bottle Deposit System Hits 90 Percent Redemption Rate
So who's being harmed? The point is to get bottles to be recycled and they're getting recycled.
jonknee··on eBay CEO Has a Stark Choice: Show Growth or Break Up Company
Because they didn't sell it, they spun it off. Shareholders got 1 PYPL share for every share of EBAY. EBAY was ~$28 a share and the combined value of both is currently ~$123. An 80% annualized ROI seems like a goldmine to me!
jonknee··on eBay CEO Has a Stark Choice: Show Growth or Break Up Company
> The eBay/PayPal split has been a mess

It has been an absolute goldmine for shareholders. eBay bought PayPal for $1.5b in 2002 and spun it off in 2015 for ~$50b. PYPL is currently valued at $106b.

jonknee··on Michael Dell Gets $12B Richer with Break from Public Eye
Michael Dell's fortune wouldn't change the market dynamics one bit. Apple's last buyback program was $100b, many times what Dell had and this is exclusively to purchase shares of one company in the S&P 500.
jonknee··on Michael Dell Gets $12B Richer with Break from Public Eye
> Also my long standing challenge, point out the index fund billionaire

OPs point was Dell experienced an average return and could have done this without all the work he did to take Dell private and then public again. The key is he was already one of the richest people in the world (from incredible percentage gains in the early days of Dell), once you're up there you can indeed passively invest and have huge returns for no work. The trick is all about getting the initial fortune.

jonknee··on Microsoft pledges $500M for affordable housing in Seattle area
Because they're not building single family homes in Medina? Multi family housing in various parts of the metro (including Snohomish county). The Seattle Times has more information including a bit more about geography:

https://www.seattletimes.com/seattle-news/homeless/microsoft...

The key is zoning and it sounds like they have some local buy-in from politicians (see the attached statement of mayors in that article). I'm skeptical that happens, NIMBYs have a way of stalling up zoning, but it's a still a step in the right direction.

jonknee··on Microsoft pledges $500M for affordable housing in Seattle area
They aren't giving out mortgages for single family homes...

> The loans could go to private or nonprofit developers, or to governmental groups like the King County Housing Authority. As the loans are repaid, Mr. Smith said, Microsoft plans to lend the money out again to support additional projects.

jonknee··on Microsoft pledges $500M for affordable housing in Seattle area
Because the Eastside doesn't exist in a vacuum?
jonknee··on Road Tripping Around Europe in a Tesla Is Less Fun Than You’d Think
> A lot of people in America have not and still don’t buy diesels because those gas stations are not as ubiquitous as normal fuel.

American diesel owner here and I initially had some concerns about this but it's the opposite problem of Tesla, thanks to trucks it's never hard to find diesel on road trips. It can be a little harder around town, but since the range is so far (500+ miles) I've never had a problem.

jonknee··on Sears has another chance to avoid closing down
Sears doesn't actually do the financing for their credit card, it's a Citibank product.
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