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Apple hires one of the developers behind Signal

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Re: Apple hires one of the developers behind Signal

#101

Post by nxzero »

fweespeech wrote: post #95
jpstory wrote: post #87

Earlier quoted context omitted.

Everyone who has ever known, or known of Moxie, thought the same :D I think we'd all love to see him be CCO (Chief Cryptography Officer) or something similar for Apple. Not to diminish his work at Whisper Systems, but talent like his should be reaching the 100 of millions of customers that Apple has reach to. Moxie, I know you hop on hacker news every so often - if you read this - would you go work for Apple? Or are…

I'd honestly prefer he remains independent of Apple. I have no desire to purchase Apple products and them picking him up would probably be a loss to Signal which I actually use.

Agree, Apple's security culture is not compatible in my opinion; unless Apple changes, which is unlikely.

Re: Apple hires one of the developers behind Signal

#102

Post by ProAm »

justin66 wrote: post #97
jpstory wrote: post #87

Earlier quoted context omitted.

Everyone who has ever known, or known of Moxie, thought the same :D I think we'd all love to see him be CCO (Chief Cryptography Officer) or something similar for Apple. Not to diminish his work at Whisper Systems, but talent like his should be reaching the 100 of millions of customers that Apple has reach to. Moxie, I know you hop on hacker news every so often - if you read this - would you go work for Apple? Or are…

I think we'd all love to see him be CCO (Chief Cryptography Officer) or something similar for Apple. I assumed that were referring to Moxie and my initial thought was that it would represent a sad loss of autonomy for him.

I don't see Moxie ever joining a company like Apple.

Re: Apple hires one of the developers behind Signal

#103

Post by pmarreck »

stygiansonic wrote: post #98
MichaelBurge wrote: post #55

This article seems more than a little silly. They blew up a single tweet into an article about Apple's corporate strategy in relation to the FBI. What next? Are they going to dig through Apple employees' trash, looking for variations in the number of credit card offers? "Apple Employees Load up on Credit" "Investigators have uncovered a 10% uptick in the number of accepted credit card offers from key Apple employees.…

I know you joke about looking at credit card info, but it reminded me of this story[1] where fraud researchers at a credit card company (ab)used their access to credit card transactions of their customers in order to mine the data and perform fundamental research about various companies' retail performance. They then used this information to trade on the companies just before earning release, and made a lot of money.…

So basically, they did their homework and got penalized for it?

Re: Apple hires one of the developers behind Signal

#104

Post by ikeboy »

pmarreck wrote: post #103
stygiansonic wrote: post #98

Earlier quoted context omitted.

I know you joke about looking at credit card info, but it reminded me of this story[1] where fraud researchers at a credit card company (ab)used their access to credit card transactions of their customers in order to mine the data and perform fundamental research about various companies' retail performance. They then used this information to trade on the companies just before earning release, and made a lot of money.…

So basically, they did their homework and got penalized for it?

>Here, Bonan Huang and Nan Huang allegedly got the information from their employer, Capital One, which was supposed to have exclusive use of the -- hey, wait a minute, does that mean that Capital One was allowed to trade on this data for its own profit? Wouldn't that be amazing? Surely the answer is no: I assume that Capital One signed agreements with retailers (or rather, with Visa and MasterCard, which signed agreements with retailers) in which it promised not to disclose transaction data, or use it for nefarious purposes. Really anyone who used this data would be misappropriating it from, ultimately, Chipotle. Which gets to keep its sales data to itself. Except once a quarter when it releases that data and the stock jumps.

Re: Apple hires one of the developers behind Signal

#105

Post by stygiansonic »

pmarreck wrote: post #103
stygiansonic wrote: post #98

Earlier quoted context omitted.

I know you joke about looking at credit card info, but it reminded me of this story[1] where fraud researchers at a credit card company (ab)used their access to credit card transactions of their customers in order to mine the data and perform fundamental research about various companies' retail performance. They then used this information to trade on the companies just before earning release, and made a lot of money.…

So basically, they did their homework and got penalized for it?

If, by "homework", you mean fraudulently/inappropriately obtaining information from their employer in order to profit from it, then yes, I guess they did their homework.

I'm not detracting from the effort and skill they demonstrated in their endeavor, (which IMO was substantial), but the amount of effort and skill put into an activity doesn't necessarily determine criminality/inappropriateness or lack thereof.

Re: Apple hires one of the developers behind Signal

#106

Post by pmarreck »

ikeboy wrote: post #104
pmarreck wrote: post #103

Earlier quoted context omitted.

So basically, they did their homework and got penalized for it?

>Here, Bonan Huang and Nan Huang allegedly got the information from their employer, Capital One, which was supposed to have exclusive use of the -- hey, wait a minute, does that mean that Capital One was allowed to trade on this data for its own profit? Wouldn't that be amazing? Surely the answer is no: I assume that Capital One signed agreements with retailers (or rather, with Visa and MasterCard, which signed agree…

If I set up cameras with visual recognition software in front of a statistically significant number of Chipotle branches to count the number of customers and base pre-earnings security purchase decisions on that, have I committed fraud? What they did seems equivalent to that, in a way.

I mean, that's basically a company idea right there, if someone hasn't already done that

Re: Apple hires one of the developers behind Signal

#107

Post by ikeboy »

pmarreck wrote: post #106
ikeboy wrote: post #104

Earlier quoted context omitted.

>Here, Bonan Huang and Nan Huang allegedly got the information from their employer, Capital One, which was supposed to have exclusive use of the -- hey, wait a minute, does that mean that Capital One was allowed to trade on this data for its own profit? Wouldn't that be amazing? Surely the answer is no: I assume that Capital One signed agreements with retailers (or rather, with Visa and MasterCard, which signed agree…

If I set up cameras with visual recognition software in front of a statistically significant number of Chipotle branches to count the number of customers and base pre-earnings security purchase decisions on that, have I committed fraud? What they did seems equivalent to that, in a way. I mean, that's basically a company idea right there, if someone hasn't already done that

It's not equivalent because the data was given to them under certain terms that preclude such uses.

Re: Apple hires one of the developers behind Signal

#108

Post by forgottenpass »

MichaelBurge wrote: post #55

This article seems more than a little silly. They blew up a single tweet into an article about Apple's corporate strategy in relation to the FBI. What next? Are they going to dig through Apple employees' trash, looking for variations in the number of credit card offers? "Apple Employees Load up on Credit" "Investigators have uncovered a 10% uptick in the number of accepted credit card offers from key Apple employees.…

They blew up a single tweet into an article about Apple's corporate strategy in relation to the FBI.

This sort of thing happens all the time from "news" blogs. You're just particularly keen to this one. The writer takes a smattering of fact, fits in into the existing narratives the news media is already telling themselves and bloviates until they have something to staple advertisement to.

What next? Are they going to dig through Apple employees' trash

Yes. News organizations that should know better pad their pages with exactly that. Constantly and forever. The trashcan is typically metaphorical, and the rank and file employees are boring.

Re: Apple hires one of the developers behind Signal

#109

Post by sandworm101 »

MichaelBurge wrote: post #55

This article seems more than a little silly. They blew up a single tweet into an article about Apple's corporate strategy in relation to the FBI. What next? Are they going to dig through Apple employees' trash, looking for variations in the number of credit card offers? "Apple Employees Load up on Credit" "Investigators have uncovered a 10% uptick in the number of accepted credit card offers from key Apple employees.…

>>> "Investigators have uncovered a 10% uptick in the number of accepted credit card offers from key Apple employees. Speculation about Apple's poor recent performance seems validated by their own employees obtaining as much cheap credit as they can get before the inevitable catastrophe approaches.

That is exactly the sort of thing that investors might look for. The personal behavior of executive is very telling. It is more so for privately-held corps, but can be applied to apple. Seeing an exec liquidating assets or taking on apparently unnecessary dept can speak to that execs future plans, which are tied to corporate moves. Some investors watch family members. A wife/mistress/girlfriend/husband shopping for a new house out of town may be the sign that the exec is about to leave one firm for another. How they plan to finance the purchase also counts.

One big tell, especially with startups, is communications with particular immigration lawyers. Execs facing a windfall often want to abandon their US citizenship in favor of somewhere with better tax treatment. See Saverin at facebook. So any communication with lawyers specializing in this process is a good sign of a buyout in the works. Either that, or they plan on winning the lottery in the coming months. You have to finish the process before you win the money.

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