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The high-tech thread

Started by amor de cosmos , Mar 11 2009 04:45 PM

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749 replies to this topic

#261 spanky123

Member
21,008 posts

Posted 03 March 2021 - 09:30 AM

^ May have lost a contract?

Looks like DXC bought Advanced Solutions which was the BC Government's IT outsourcing firm.

Edited by spanky123, 03 March 2021 - 09:41 AM.

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#262 VIResident

Member
973 posts

LocationVancouver Island

Posted 03 March 2021 - 10:45 AM

DXC Technology Statement

News Release -- February 01, 2021

Tysons, Va., February 1, 2021 -- As previously announced, on January 6, 2021, DXC Technology (NYSE: DXC) (“DXC”) received an unsolicited, preliminary and non-binding proposal from Atos SE. Prior to receiving the proposal, DXC had no knowledge of any interest from Atos.

Consistent with its fiduciary duties, the DXC Board of Directors carefully evaluated the proposal, together with its financial and legal advisors. The offer was determined to be inadequate and lacking certainty in light of the value the Board believes DXC can create on a standalone basis by executing our transformation journey.

After sharing certain high-level information in order to help Atos understand why the Board believes the proposal undervalued DXC, Atos and DXC today agreed to discontinue further discussions. https://www.dxc.tech...ology_statement

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#263 VIResident

Member
973 posts

LocationVancouver Island

Posted 03 March 2021 - 10:46 AM

https://www.dxc.tech...al_2021_results

DXC Technology Reports Third Quarter Fiscal 2021 Results

News Release -- February 04, 2021

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#264 spanky123

Member
21,008 posts

Posted 09 March 2021 - 08:04 AM

Don't know the scoop with DXC specifically but was talking to a few friends in the consulting industry and the fear right now is that Government (all levels) will cut back on outsourcing to save money. I am told that back in 2000 the Fed and Province basically banned consulting and outsourcing agreements for nearly 3 years after the tech melt down which forced many local firms out of business or at least into hibernation.

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#265 Matt R.

Randy Diamond

Member
8,027 posts

Posted 14 October 2022 - 02:27 AM

One of the founders of Pareto, keeping busy for sure.

“Victoria technology entrepreneur Elton Pereira has turned to songwriting, beats and rapping as he tries to inspire others to live their best life.”

https://www.einnews....K8z0Pr8MPIWllWM

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#266 spanky123

Member
21,008 posts

Posted 14 October 2022 - 06:07 AM

^ He has FU money so good to see that he is doing something that inspires him.

Matt R. likes this

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#267 Mike K.

Administrator
83,512 posts

Posted 14 October 2022 - 06:07 AM

Here’s the video: https://youtu.be/mh1fWFyBqbA

He should collaborate with the the Mega Upload guy.

Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.

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#268 spanky123

Member
21,008 posts

Posted 09 November 2022 - 03:12 PM

Looks like FTX is about to collapse dragging down Bitcoin and other crypto along with $32B in funds. Those guys were sponsoring everything in sports and gaming.

https://www.coindesk...?outputType=amp

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#269 dasmo

Grand Master ✔

Member
15,488 posts

Posted 09 November 2022 - 04:26 PM

At least tulips bulbs can be eaten and produce beautiful flowers....

Mike K. likes this

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#270 spanky123

Member
21,008 posts

Posted 10 November 2022 - 06:43 AM

Ontario teachers were large investors in FTX and they say it is the kids who are not good at math!

https://www.theglobe...ment-in-crypto/

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#271 dasmo

Grand Master ✔

Member
15,488 posts

Posted 10 November 2022 - 07:56 AM

Not the teachers the pension plan managers. They should be investigated.

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#272 dasmo

Grand Master ✔

Member
15,488 posts

Posted 10 November 2022 - 07:57 AM

What fool puts their money into a nerd gambling platform?

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#273 dasmo

Grand Master ✔

Member
15,488 posts

Posted 10 November 2022 - 10:11 PM

So this gets interesting.
FTX founder’s mom launched a democrat super PAC in 2018.
BARBARA FRIED

Barbara Fried is the founder and president of MTG. Before creating the organization, Fried was a professor at Stanford Law School[9]. Barbara is also the mother of crypto-billionaire Sam Bankman-Fried.

Son goes on to found FTX which is an overnight success and

The 30-year-old Bankman-Fried has been a major force in Democratic politics, ranking as the party’s second-biggest individual donor in the 2021–2022 election cycle, according to Open Secrets, with donations totaling $39.8 million. That ranks only behind George Soros
https://fortune.com/...-biggest-donor/

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#274 Mike K.

Administrator
83,512 posts

Posted 11 November 2022 - 08:42 AM

#notsupposedtotalkaboutthat

Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.

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#275 dasmo

Grand Master ✔

Member
15,488 posts

Posted 12 November 2022 - 09:36 AM

FTX founder Bankman-Fried secretly moved $10 billion in funds to trading firm Alameda - sources
Bankman-Fried showed spreadsheets to colleagues that revealed shift in funds to Alameda - sources
Spreadsheets indicated between $1 billion and $2 billion in client money is unaccounted for – sources
Executives set up book-keeping "back door" that thwarted red flags - sources
Whereabouts of missing funds is unknown

https://www.reuters....ces-2022-11-12/

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#276 dasmo

Grand Master ✔

Member
15,488 posts

Posted 12 November 2022 - 09:42 AM

And now he is on the run
“ NEW YORK, Nov 12 (Reuters) - FTX founder Sam Bankman-Fried told Reuters on Saturday that he was in the Bahamas, denying speculation on Twitter that he had flown to South America after the exchange filed for bankruptcy and he was removed as chief executive.

When asked by Reuters whether he had flown to Argentina, Bankman-Fried responded in a text message: "Nope". He told Reuters he was in the Bahamas.”

Except that people are tracking his plane….
https://twitter.com/...H7n0ud9PE7txYmw

The good guys steal from the rich and give to the poor not the other way around.
Blockchain justice?

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#277 Victoria Watcher

Old White Man On A Canadian Island

Member
52,953 posts

Posted 12 November 2022 - 11:08 AM

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#278 Victoria Watcher

Old White Man On A Canadian Island

Member
52,953 posts

Posted 12 November 2022 - 11:12 AM

Tom Brady and Gisele Bündchen Attached Almost Their Entire Net Worth of $600 Million Into FTX Venture That Has Now Seen a 72% Drop in Value

https://www.essentia...p-in-value/amp/