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No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

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Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#21
post #10
post #3

Neoliberalism/anarcocapitalism has stoned these corporations, I hope it has arrived the day that we start putting them back in line by punishing well these monopolistic practices, anti unions strategies, stock dumping and buybacks, fiscal havens, mass layoffs, etc. it has gone out of hand. Companies can’t just leech out of general population undisturbed

They don’t. These corporations are incredibly popular among the public. Seriously. Look at any polling and you’ll find Amazon, Google, Apple with higher approval ratings than any branch of government (only the military is close), by high double-digit percentages. The average American would be happier with Amazon taking over the feds, than the other way around.

Maybe Apple, maybe google, but Amazon?

I think the average American is aware of the Amazon warehouse worker conditions (and probably don’t care)

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#22
post #12
post #7

Earlier quoted context omitted.

I don't know if it can be called "En Masse" if they STILL have more employees today than during the 0% interest rate years

it's en masse because it's way more than the baseline firing rate

Hiring in that period was also way more than the baseline hiring rate. Some companies doubled their headcount in the span of ~2 years.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#23
post #17
post #5

This really isn't that surprising. The FAANGs, including Apple, have committed serious anti-trust violations especially their hoarding of talent during the 0% interest rate years to prevent them from starting competitors then freezing hiring and laying off en masse once the interest rates started rising. They really should have to pay damages in the 6 to 7 figure range to each developer who's been looking for work in…

What is "hoarding of talent"? These are human beings and they have a right to work where they want. Let's be clear, apple "hoards" talent by offering them competitive pay and benefits. If others want to compete they should offer something as compelling. It doesn't have to be money, I personally left for less money multiple times. It could be working on an interesting problem or with smart people.

https://www.cnet.com/tech/tech-industry/apple-google-others-...

> Apple, Google, Intel, and Adobe will shell out $415 million to put to rest an antipoaching civil lawsuit that accused the companies of conspiring not to hire each other's employees.

> Filed by former employees of the companies involved, the lawsuit shed a light on the practice of some major tech industry players of allegedly working together to agree not to poach employees from each other. The affected employees had argued that such agreements limited their ability to rise up in the industry and stifled their attempts to earn higher salaries. Email exchanges among such top executives as late Apple co-founder and CEO Steve Jobs and former Google CEO and now executive chairman of Alphabet Eric Schmidt revealed how requests were made not to hire certain employees away from each other.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#24
post #17
post #5

This really isn't that surprising. The FAANGs, including Apple, have committed serious anti-trust violations especially their hoarding of talent during the 0% interest rate years to prevent them from starting competitors then freezing hiring and laying off en masse once the interest rates started rising. They really should have to pay damages in the 6 to 7 figure range to each developer who's been looking for work in…

What is "hoarding of talent"? These are human beings and they have a right to work where they want. Let's be clear, apple "hoards" talent by offering them competitive pay and benefits. If others want to compete they should offer something as compelling. It doesn't have to be money, I personally left for less money multiple times. It could be working on an interesting problem or with smart people.

This is basically a complaint that they hired too many developers and overpaid them--and now some of those developers who left or were laid off can't find as ridiculously well-paid jobs somewhere else. I'm pretty sure there are plenty of jobs out there; they probably just don't pay as well or are as prestigious.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#26
post #10
post #3

Neoliberalism/anarcocapitalism has stoned these corporations, I hope it has arrived the day that we start putting them back in line by punishing well these monopolistic practices, anti unions strategies, stock dumping and buybacks, fiscal havens, mass layoffs, etc. it has gone out of hand. Companies can’t just leech out of general population undisturbed

They don’t. These corporations are incredibly popular among the public. Seriously. Look at any polling and you’ll find Amazon, Google, Apple with higher approval ratings than any branch of government (only the military is close), by high double-digit percentages. The average American would be happier with Amazon taking over the feds, than the other way around.

That's in a large part not because people like big tech companies, rather they just hate the government even more than they hate big tech, because the government being so corrupt and ineffective is why the big tech companies are getting away with all the blatant abuses they perpetrate. I think interpreting that as "people would rather Amazon take over the government" is incorrect.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#29
post #5

This really isn't that surprising. The FAANGs, including Apple, have committed serious anti-trust violations especially their hoarding of talent during the 0% interest rate years to prevent them from starting competitors then freezing hiring and laying off en masse once the interest rates started rising. They really should have to pay damages in the 6 to 7 figure range to each developer who's been looking for work in…

What does it mean to "hoard talent"? Pay high wages? I'm sure they've done plenty worth penalizing, but not that.

Eh, there’s kinda precedent in entertainment specifically, from the days of the studio system.

Though made up of a bunch of “free choices” the situation was still kinda shit for both consumers of film and actors.

So it may or may not be a good description of what’s happening, but it’s not a ridiculous notion.

Re: No joke: FTC boss goes on the Daily Show and is told Apple tried to block her

#30
post #21
post #10

Earlier quoted context omitted.

They don’t. These corporations are incredibly popular among the public. Seriously. Look at any polling and you’ll find Amazon, Google, Apple with higher approval ratings than any branch of government (only the military is close), by high double-digit percentages. The average American would be happier with Amazon taking over the feds, than the other way around.

Maybe Apple, maybe google, but Amazon? I think the average American is aware of the Amazon warehouse worker conditions (and probably don’t care)

(Shrug) Nobody's being held in an Amazon warehouse against their will. They pay well, so people elect to put up with BS like lining up off the clock for security screening.

Any beef is between Amazon and their workers, not Amazon and me.

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