Technology

The man runs to the office: he is late and loses the contents of his briefcase. In case thermos, doughnuts and napkins.

Barron’s & the Sorry State of General Motors

October 26, 2022 — Business, Technology

If electric vehicles are the future of automotive, General Motors CEO Mary Barra continues to suffer major missteps, admitting this week that her ambitious EV sales promises will be delayed another year. As well, Barra has issued yet another recall for her monster Hummer pickup, this one for a faulty battery seal allowing water to seep in.

One upon a time, Barron’s would be the publication sounding the alarm and warning investors about Barra’s track record of broken promises and GM’s history of shoddy manufacturing. Now it’s just another voice in the legacy media’s EV choir.

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The Bonnie and Clydes of Cryptocurrency

October 9, 2022 — Technology

Until this weekend, I thought that I was too dumb to understand cryptocurrency. But after reading about the $580 million hackers pilfered from Binance, the world’s biggest crypto exchange, I’m no longer convinced that I’m the moron.

If you aren’t familiar with the Binance heist, you should be.

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Bloomberg Exposes Self-Driving Tech “Scam”

October 7, 2022 — Business, People, Technology

Bloomberg today published an expose on self-driving vehicles that confirmed my worst fears and doubts about executives who champion the technology and Wall Street money managers duped by the hype.

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Mary Barra Singing Kumbaya Won’t Save GM

October 2, 2022 — Business, People, Technology

When Elon Musk says jump, Tesla and SpaceX employees ask, “How high?”
When GM CEO Mary Barra says jump, she promptly apologizes to GM employees for making such an onerous request.
Here’s why it takes a giant leap of faith to believe Barra’s claim that by mid-century she will sell more electric vehicles than Tesla.

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Revenge of the Nerds & The Terror of Lapsus$

September 25, 2022 — Technology

Reading up on who was behind Uber’s and other major corporate IT breaches I’ve come to appreciate the prescience of the 1984 film classic ‘Revenge of the Nerds.’

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Why Uber’s IT Breach is a Very, Very, Big Deal

September 16, 2022 — People, Technology

If the U.S. public was familiar with a tech term known as “social engineering,” CEOs would finally be held accountable for the lapse security oversight of their IT systems and the harm consumers experience because of their negligence.

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Joe Biden’s Wing and a Prayer EV Conversion

August 26, 2022 — Business, Politics, Technology

Barack Obama reportedly once said, “Don’t underestimate Joe Biden’s ability to f— things up.” The Biden Administration’s wing and prayer electric vehicles policies demonstrate Obama knew what he was talking about.

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Mary Barra’s GM Taxpayer Scam

July 26, 2022 — Business, People, Technology

GM’s appetite feeding at the public trough has no limits. The company, already the second most heavily subsidized corporation in America, is getting a low-cost $2.5 billion loan from the Department of Energy to build battery cell plants with a joint venture partner. In my mind the loan is wasteful and risky as I’m doubtful GM can survive if electric vehicles are the future.

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