I am not sure what the site intends to do, but doesn’t spirit have eight billion in debt with about one billion in payments due immediately.
The planes and other assets belong to the debt holders. Unless this site plans to raise a couple of billion, I don’t think they are buying any airline .
Very funny to see HN hate on Microsoft and Google but then love a company where they cannot even run an app on their mobile platform without Apple's permission or only a certain number of VMs on the hardware they own .
I think saying that Oracle is a provider of database software is something that you hear from old technical folks who have not used Oracle since the 90s. In fact Oracle's revenue from database software is very tiny. Much of their revenue comes from enterprise and cloud software.
If you are a publicly traded company who needs to report audited financial results every quarter to shareholders, there are less than 10 ERP software in world for that and Oracle owns 5 of those - Fusion, PeopleSoft, Netsuite, JDE and EBS.
Also, in the last decade a big chunk of their revenue comes from cloud services where these enterprises move away from their physical hardware and onto the cloud. Here also, Oracle provides one of the most generous free limits compared to GCP, AWS and Azure. Also they provide some unique options that I have not seen in any other clouds like Bring Your Own License where you can keep running your old enterprise databases in the cloud with just paying for the compute .
Few years back they also bought out Cerner which was the largest EHR company at that time and it pushed their head count by 28000.
They grew their headcount massively during covid like any other software company and simultaneously took on too much debt to build datacenters.
But with rising cost of these capex builds, they are in consolidation mode and reducing headcounts just like other companies.
Why are Linux operating system providers taking it upon themselves to comply with the California law especially if they are not selling anything. Since it is just a downloadable piece of software then it is up to California state to set up a firewall to protect themselves from such harmful software.
Let's say I am a generic linux developer who develops variants of Debian Linux while sitting in my basement in any part of the world.
If one country wants to ban my software because I don't ask for their age, then set up suitable protections for your citizens.
Don't force me to do that. I am not responsible for protecting your citizens.
That is like saying if Saudi wants your id to make sure only males can download operating systems, so now will I add another restriction.
At least China takes it upon themselves to ban sites that they deem harmful for their citizens rather than forcing devs.
I believe that it is well known that California politicians talk a lot about equity, equality and other such bullshit but they are the most NIMBY politicians in the whole US. They pile on so many studies and other roadblocks to building housing just to maintain high property values.
Example, In April 2024, the Dallas-Fort Worth (DFW) metro area permitted 7,851 new homes, surpassing the 7,612 permitted in the entire state of California.
Very cool but also more interesting is using Perl for any newish project.
It is hard to find maintainers or developers knowing Perl nowadays. Especially in data science related projects as python has been the de-facto tool for that field for some time now.
I think the real surprise is that hims was able to sell the drug without approval in the first place. I do not support gatekeeping drugs from generic makers but their supply chain should be inspected just like any body else. The fact that they were able to sell a drug for so long without approval shows that something is really broken in the process.
I feel like a lot of readers are missing the main point. US and European manufactures do not want to enter this low volume zero margin market. The total sales in Latin America (that includes Mexico and South America is around five million units - that is less than half of what is sold in the US each year. And at a price point of 20K it just does not make sense for American and European manufacturers given that their R&as costs are higher than Asian manufacturers and their North American models are too large and expensive for South America markets.
In addition they know that the US is a captive market as the government will not allow Chinese companies to sell their cars here due to data and security concerns.
Given the recent npm attacks, is it even safe to develop using npm. Whenever I start a react project, it downloads hundreds of additional packages which I have mo idea about what they do. As a developer who has learnt programming as a hobby, is it better to stick to some other safe ways to develop front end like thyme leaf or plain js or something else.
When I build backend in flask or Django, I specifically type the python packages that I need. But front end development seems like a Pandora box of vulnerabilities
I think the root cause of the problem is not insurance companies but they definitely do play a part. The real reasons are multiple but can be listed as below.
1 A very high cost of drugs due to no intervention by the government as part of free market philosophy. This means that the same insulin that costs $25 in Canada can be sold for up to $1000 per month. New introduced drugs for Alzheimer's or other diseases can cost up to 50k per year - again because no price controls.
2. Insanely high prices of services due to a captive market - example a ten minute ambulance ride can cost up from $1000 to $5000. The private ambulance companies know they can charge a high base rate because they are connected to a city or municipality via contracts. Bribes as campaign funds are popular here. E.g. a new York based ambulance operator paid 45k in campaign funds to NY's governor elect and got a contract worth one billion dollars
3. Overcharging by hospitals for medicines and services again due to a captive audience. The hospitals are free to maintain various price books and you are not told what each service will cost at the time of administration of service. lately the hospitals have been forced to open up their price books but they are so convoluted that no normal human can decipher those prices.
Thus a ten cent aspirin would cost you $25 in the hospital and a MRI can run up to 15k.
4. Very high charges for doctors due to strict control on the number of MD positions and no increase in colleges or D seats over multiple years.
5. Insurance companies have a for profit motive and need to extract their profits from premiums paid. Thus they fight tooth and nail to deny procedures and medications and set up convoluted processes for appeals.
6. Extensive fraud on Medicare and other government run health programs especially in durable medical goods and fake billing. In fact one of sitting US senators medical care company was involved in the largest Medicare fraud fines in the US and he still holds his seat.
I think the hill is trying to create a narrative here. The law specifically states to post job postings in newspapers and it is congress's fault if they have not updated the laws.
As per PERM regulations (20 C.F.R. §656.17):
For professional positions (those requiring a bachelor’s degree or higher), the employer must conduct two Sunday newspaper advertisements in a newspaper of general circulation in the area of intended employment.
For non-professional positions, at least one Sunday ad is required.