Mar 16
Republican Gov. Kay Ivey faces a May primary against eight opponents, including one with a link to Trump. Her attitude? Well, bless their hearts.
Mar 16
‘Diamond Hands’ offers a good, if narrow portrait of the GameStop stock squeeze
Posted in: Today's ChiliIn early 2021, a group of retail investors realized that GameStop shares had been recklessly over-shorted by major investors. Big funds, certain that the retailer was about to collapse, had shorted 140 percent of the company’s entire public shareholding. Individuals, who co-ordinated their efforts via a subreddit called r/WallStreetBets, knew that they could exploit this vulnerability. They bought up all of the outstanding GameStop stock and drove up the price, forcing the big funds to pay over the odds to avoid losing a fortune when their bet spectacularly backfired.
It’s this story that is outlined, more or less, in MSNBC’s new documentary, Diamond Hands: The Legend of WallStreetBets, which debuted at SXSW 2022. It tells the story from the perspective of some of the individuals who signed up early and held on to their stake. Some used the squeeze to make a fortune, while others came away with a more modest, but still fantastic, profit. The decision to focus on these personal stories makes for an engaging tale at the human level, albeit one that’s very one-sided.
The film’s general thesis is that the short squeeze took place mostly thanks to the internet and what it has enabled. Without Reddit to coordinate the trades and Robinhood acting, at least at first, as a way around the stuffed-shirt brokerages, none of this would have happened. There is a suggestion that people were motivated to get into investing as a consequence of the stimulus checks. Which I don’t agree with, mostly because people weren’t sinking thousands of dollars into GameStop if all they had was a spare $600 to their name.
It also affords, as far as I’m concerned, a surprising amount of time to talk about the broken social contract most millennials feel hurt by. As useless as the term is, since “millennial” means anyone aged 26 to 41, it’s weird to see MSNBC allowing those under 50 to talk about their plight. Perhaps this marks a new and refreshing change as people who have lived through the last twenty years of utter turmoil are now deemed respectable enough to appear on the news.
The other noticeable thing is the lack of expert commentary from the usual types of Very Serious Men in Finance. The big money fund-types that lost their shirts on GameStop chose not to appear in the film, and so their story isn’t told here. Similarly, you get about five sentences from Robinhood CEO Vlad Tenev, who became the internet’s most hated figure when his app chose to restrict trading on the platform, potentially prematurely ending the GameStop squeeze. The inequitable screen time makes the documentary’s coverage of some of the major players fairly merciless. Given Robinhood’s launch coincided with SXSW in 2015, it’s interesting to watch nearly 90 minutes of people saying that the app screwed them over at the same festival seven years later. We also don’t get to speak to Keith Gill who, as Roaring Kitty, was at the heart of the effort to craft the initial short squeeze.
There is one annoyance that it’s worth being aware of is the film’s decision to create a visual style that apes the language of Reddit memes. Lots of gaudy iconography, remixes of old viral videos and the sort of amateur kitsch awfulness you see a lot online. It reminded me of an experiment Charlie Brooker did on the excesses of youth TV. He piled a bunch of teenagers into a screening room and told them to signal when they got bored while they watched a bunch of clips from screechy, in-your-face teen TV shows. What held them in rapt attention, however, was a sequence from an Adam Curtis documentary, with its slow narration and lack of any visual pizzazz. The point being that just because a subject deals with kitschy, out-there imagery from the internet, you don’t need to jazz up the visuals to make your story entertaining.
Diamond Hands: The Legend of WallStreetBets premieres on MSNBC on April 10th at 10pm ET.
Mar 16
You’re probably used to sorting your garbage into bins: green for paper or blue for plastic and glass. But when it comes to electronics, we’re still used to selling those off or tossing them into the trash heap. Unfortunately, our gadget addiction has real consequences for the planet, making it imperative that we dispose of everything responsibly.
Sure, you can try parting with your stuff for cash, but it’s a pain, and it can be tough, if not impossible, to find someone who wants a busted Xbox or 20-year-old CRT. Few places have curbside pickup — in fact, some localities make it illegal to leave electronics for the garbage collectors — so you’re going to have to find a reputable center to take it. We’ve gathered some of the resources to help you dispense of your broken and unwanted computers, televisions and any other gadget flotsam that’s been taking up space in your closet.
National chains
There is no national electronics recycling law at this time, so you won’t find any federal programs to assist you with getting rid of old devices. The USPS does run a program for federal agencies and their employees, but it’s not available to the general public. Instead, the rest of us have to rely on nationwide retailers to toss out our old stuff.
Best Buy
Best Buy has more than 1,000 locations in the United States, so it’s likely you have one nearby where you can drop stuff off. You just need to take it to the customer service counter. They’ll issue you a receipt too, but keep in mind that you can’t claim the drop-off as a deduction on your taxes because Best Buy isn’t a charity.
You can even recycle televisions and monitors, though you’ll be charged a fee of $30 per item to cover the higher costs of transporting and disassembling them. (Consumers in California are not charged the $30 fee, while locations in Connecticut and Pennsylvania will not accept televisions at all.) If you’re turning in a printer, you’ll get up to a $50 voucher toward the purchase of a new Epson EcoTank printer.
Also be aware that Best Buy limits you to three items per household per day, including up to two televisions.
Staples
Recycling your stuff at Staples is similar to Best Buy — just bring your products to the customer-service counter. But it’s more limited in that you can only bring in seven items a day, and the store won’t accept televisions at all. Staples Rewards members also receive a small credit of $2 for every used ink cartridge they turn in, up to 20 a month.
Office Depot
Office Depot has more than 1,300 locations, but unlike Staples and Best Buy, it won’t recycle your old gadgets for free. If you’re only getting rid of a few phones or batteries, those can be turned in at no charge. For everything else, you must purchase a Tech Recycling Box, which costs $5, $10 or $15 depending on the size. Once you have the box, you can fill it with as many items as you want, provided they all fit inside, including smaller televisions. So it’s a great deal if you have a lot of stuff you want to dispose of. These can be turned in either in person or by mail.
Home Depot and Lowes
You can dispose of old rechargeable batteries, old phones and CFL bulbs in the dropoff boxes at any of 2,300 Home Depot or 2,200 Lowe’s locations. The bins are usually located in the front of the store, and Home Depot has an 11-pound limit on individual items.
Manufacturers
If you can’t make it to a retail location, especially when you need to get rid of only one or two items, many companies offer recycling programs for their own products. They’ll even pay for shipping. Some run their own programs while others use outside organizations. We’ve outlined policies from a handful of manufacturers below.
Amazon
While Amazon would love to direct you to its trade-in program, you’re probably reading this post because there’s stuff you can’t sell, and for those items Amazon offers mail-in recycling. You can send in your busted Kindles, Fire TVs and even Dash Buttons, as well as select peripherals like keyboards and mice. You’ll just need to fill out some forms online and generate a shipping label, which you can slap on any box. Drop it off at a UPS location, and you’re good to go; Amazon will cover all the costs.
Apple
Apple
If your iPhone or MacBook is still in good shape, you should consider selling it, but if it’s old or beat up you can still score a gift card by turning it into Apple’s recycling program. For iPhones, iPad and Apple Watches you’ll be asked to fill out a form attesting to the product’s condition and given a trade-in quote, with a working iPhone 5 going for $35 and an iPhone 7 Plus scoring you $315. For Macs, you’ll be asked to provide a serial number as well. Though Apple won’t give you cash for anything it deems old or unacceptable, you can still mail it in or bring it to any Apple Store so it can be responsibly disposed of.
Dell
Dell offers drop-off recycling via a partnership with Goodwill. Not every location participates, but there are more than 2,600 that do. And, because it’s a charity, you may even be able to deduct it as a donation on your taxes. Dell also has a mail-back program on its site where you can generate a shipping label and drop the package off at a FedEx location instead.
Epson
You can ship old products back to Epson by simply creating a shipping label on its site and dropping it off at a FedEx location. Or just drop it off at a Best Buy location for a $30 or $50 voucher toward a new Epson printer.
HP
If you can, HP recommends taking its products to the nearest Best Buy. But if that’s not feasible, the company participates in a program that will even buy back some items. You’ll be asked to fill out a form with the make, model and condition, and the recycler will email you a prepaid shipping label to mail the package within 30 days. If you’re doing a buyback you’ll receive a paper check in the mail. Because this isn’t an in-house program with HP, you can also send in items from other companies — check the drop-down list for firms like Canon and Toshiba as well as more obscure and out-of-business manufacturers.
Other manufacturers
Many other companies use outside recyclers to dispose of their products, and you’ll often see the same names popping up again and again across different manufacturers. This should simplify things in some cases — you should be able to send in products from multiple sources in one package. You just need to fill in the make and model to generate a prepaid shipping label. However, different states have different rules on what you can return, so the drop-downs for selecting your product may vary by area.
Two major recycling companies you’ll notice a lot are RLGA, which covers Acer, Canon, Google, Intel, Lenovo, Microsoft and Motorola, and MRM, which recycles products for Alcatel, BlackBerry, Barnes & Noble (nook), TCL and Toshiba.
Phones
Cell phones are the easiest gadget to recycle — if you haven’t already decided to sell yours off on eBay or via sites like Decluttr and ecoATM. But, if you can’t or won’t make some cash off of it, you can send it to:
Call2Recycle, which has drop-off centers all over the country in many chain stores, including Lowes and Home Depot. It will also accept rechargeable batteries.
Cell Phones for Soldiers accepts phones in any condition and sells them to refurbishers or recyclers. The proceeds go toward purchasing phone cards for troops so they can call their friends and family back home. To be clear, the phones are not given directly to the soldiers.
The four major US carriers — Verizon, AT&T, T-Mobile and Sprint — all offer free recycling. You can trade in your old device in-store or send it in for a credit toward a new phone, or let them straight up recycle it. AT&T also participates in Cell Phones for Soldiers.
If you do decide to try your luck with ecoATM to see if your old phone is still worth a few bucks and it turns out it’s worth nothing, you can at least rest easy knowing that the company will also recycle your phone responsibly.
States
There may not be a national law dictating that you must recycle your electronics, but at least 26 states have passed rules that vary widely on what they demand of manufacturers and consumers. Almost all states that do collect products for recycling provide this service free, with the bill footed by the companies in some way. Most provide some local programs to help you get rid of your stuff, regardless of whether recycling your gadgets is required or optional.
States where you can no longer dispose of electronics in the regular trash and must recycle them include: California, Connecticut, Illinois, Indiana, Maine, Minnesota, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, South Carolina, Vermont, West Virginia, Wisconsin and the District of Columbia.
The following states have laws requiring manufacturers to pay for recycling, but you, the consumer, are not actually required to recycle your electronics: Hawaii, Maryland, Michigan, Missouri, Oklahoma, Texas, Utah, Virginia, and Washington.
The following states have some special circumstances worth noting:
Connecticut: Does not allow recycling centers to charge you a fee for turning in electronics, so many organizations and retailers that would usually charge for recycling televisions and monitors do not accept them. Because you cannot dispose of them curbside, you can take them to a municipal transfer station for free.
New York: If you live in a New York City apartment building with 10 or more units, contact your landlord about getting an ecycleNYC drop-off box installed in your building. It’s super convenient and free.
Pennsylvania: Does not allow retailers to charge you a fee to recycle, so places like Best Buy and Staples will not accept televisions or monitors. Many recycling centers have also closed as a result of underfunding. Some nonprofit recyclers may still accept the items, and you should check to see if your local government is hosting any drop-off events. Lancaster and Dauphin Counties also still run civic recycling programs.
Virginia: This state does not have a dedicated statewide recycling program, but some localities run their own programs including Fairfax, Loudoun and Rockbridge counties, and cities like Arlington. Check each municipality’s site for details.
Mar 16
Trump’s Latest Lies About His Relationship With Putin Exposed In New Supercut
Posted in: Today's ChiliTrump claims “no one was tougher” on Putin than him. MSNBC has the proof that shows otherwise.
Mar 16
If you ever wondered how General Motors, one of the biggest automakers on the planet, went from 0 to EV so quickly while managing to reinvent its iconic Hummer SUV, former-poster child of automotive excess, as a future-facing electric vehicle, the History Channel has a show for you. Revolution: GMC Hummer EV will take a behind-the-scenes look at the development of the all-electric supertruck when it premieres Sunday, March 27th at 11am ET.
“Our goal was to upend what an electric vehicle is capable of and push the boundaries from 100 years of vehicle development experience,” Executive Chief Engineer for the Hummer EV, Josh Tavel, said in a press statement. “This documentary captures the soul of a team capable of incredible innovation and resilience. Their learnings are laying the foundation of vehicle development for decades to come.”
The hour-long documentary, produced by Hiatus and Detroit-based WTP Pictures and directed by Sean King O’Grady, followed the Hummer development team over the course of two years of design at the Global Technical Center in Warren, Michigan followed by grueling environmental testing at GM’s proving grounds in Milford and Yuma.
If you miss the live premiere, Revolution will hit History on Hulu, History.com and the GMC YouTube page the following Sunday, April 3rd.
Mar 16
Ukraine’s president seeks help to “close the skies over Ukraine to Russian missiles and planes.”
Mar 16
Several organizations in Russia have found themselves locked out of their Slack accounts without notice, according to Axios. The Salesforce-owned business messaging app has started cutting off Russian users from its platform to comply with international sanctions against the country, as well as with the policies its parent company implemented following the invasion of Ukraine. Axios said it was mostly organizations directly affected by the sanctions that were locked out and that the terms of the restrictions against them require an immediate cutoff.
Since Slack serves as companies’ main internal form of communication and can also be used to share files within organizations, it typically hosts a lot of important data for its customers. The organizations that suddenly lost access to their accounts may have also lost the chance to download their data, unless they’d prepared for the possibility of getting locked out.
Salesforce published a statement earlier this month that it’s exiting business in Russia, after all. The company said that it has a very small number of customers in the country and that it had already started exiting those relationships the week before. In a statement, Slack told Axios:
“Slack is required to take action to comply with sanctions regulations in the U.S. and other countries where we operate, including in some circumstances suspending accounts without prior notice, as mandated by law. We are in contact with affected customers regarding the impact of these actions on their account status, where permitted by law.”
While Slack isn’t deleting data owned by the Russian customers it suspended, the sanctioned organizations also won’t have access to their data until the sanctions affecting them are lifted.
Mar 16
The “Late Show” host helps the Russian leader try out a new look.
Mar 16
Intel has confirmed plans to build a semiconductor plant in Germany as part of an investment of up to €80 billion ($88 billion) in Europe over the next decade. The initial outlay for the facility in Magdeburg, the capital of Saxony-Anhalt, is €17 billion ($19 billion).
The so-called “mega-site” will actually comprise two factories. Planning will start right away with construction expected to get under way in the first half of next year, as long as Intel gets the thumbs up from the European Commission. Production should commence at what Intel is calling “Silicon Junction” in 2027. As such, the plant won’t help offset the global chip shortage any time soon.
Intel says the dual plants will build chips using its top-of-the-line Angstrom-era transistor tech. It expects to create 7,000 construction jobs for the duration of the build, 3,000 permanent positions and thousands more jobs across partners and suppliers.
Elsewhere, Intel will invest another €12 billion ($13 billion) to expand a factory in Leixlip, Ireland. It will double the manufacturing space and expand foundry services there. The company’s also in discussions with Italy to build an assembly and packing facility there at a cost of up to €4.5 billion ($4.9 billion).
Intel plans to build its European research and development hub near Plateau de Saclay, France. It expects to create 1,000 jobs as a result, with 450 of those opening up by the end of 2024. Intel aims to set up its main European foundry design center in France too. Further investments are earmarked for Poland and Spain.
The company says the plan is “centered around balancing the global semiconductor supply chain with a major expansion of Intel’s production capacities in Europe.” In February, the European Union announced a $49 billion effort to prevent future chip shortages and reduce reliance on parts manufactured in Asia.
“The EU Chips Act will empower private companies and governments to work together to drastically advance Europe’s position in the semiconductor sector,” Intel CEO Pat Gelsinger said. “This broad initiative will boost Europe’s R&D innovation and bring leading-edge manufacturing to the region for the benefit of our customers and partners around the world.”
Mar 16
No modern smartphone is completely carbon neutral. Even the most eco-conscious phones are only partially made out of recyclable materials. But you can help cut back on plastic usage by at least purchasing an eco-friendly case to protect your phone from dings and scratches. There are plenty of them, from those that are completely compostable to ones made from ocean-based plastic. Best of all, eco-friendly cases are often just stylish and durable as their mainstream counterparts. Here are our favorites.
Pela
Nicole Lee / Engadget
Without a doubt, our favorite eco-friendly phone cases are those made by Pela. We absolutely love their colors and designs, plus the fact that the entire line is 100 percent plant-based and compostable. The case material is called “Flaxstic,” which the company says is made from flax straw and compostable bioplastic elastomer. Importantly, it’s also free of BPA, phthalates, cadmium and lead. If you ever decide to get rid of it, you can indeed just chuck in a compost bin and it’ll be completely biodegradable.
What’s more, Pela cases are available for a wide array of handsets. They can accommodate iPhones (from iPhone 5 onwards), Samsung Galaxies (Galaxy S8 and newer), Google Pixels (from the Pixel 3a on), the Huawei P50 and P50 Pro and the OnePlus 9.
For iPhone users, we should note that Pela cases are not MagSafe-compatible by default. Strangely, too, you can only purchase an additional $6 MagSafe module for the iPhone 13, and not the iPhone 12. Applying it to my phone was pretty straightforward, so that’s not a big concern, but it’s something to keep in mind. And, obviously, the MagSafe module with all its magnets is not compostable; you’ll have to take it off and dispose of it separately.
LifeProof Wake
Engadget
LifeProof is a phone case brand that specializes in recycled materials. Each of its products is at least partially made out of recycled materials. But the most eco-friendly option is the LifeProof Wake, which is made from 85 percent ocean-based recycled plastic. According to the company, a lot of that comes from discarded fishing gear, which would otherwise be a fatal hazard for marine life like sharks and turtles.
In addition, we’re big fans of the Wake’s design. It comes in four different colors, and features an attractive sculpted wave pattern. It feels sturdy and durable, and LifeProof says it’s drop proof from two meters (roughly six and half feet). Plus, it’s MagSafe-compatible by default. The LifeProof Wake is available for iPhones (iPhone 11 onward), Samsung Galaxies (Galaxy S20 and newer) and Google Pixels (Pixel 4a and up).
LifeProof’s other cases aren’t too bad either. If you want a clear see-through case instead, LifeProof’s SEE series is a good option (those cases are made out of 50 percent recycled plastic), as is the NEXT series (they’re made out of 55 percent plastic and blocks out dirt, dust and snow). The FRE series (50 percent recycled plastic) doesn’t have a clear case option, but it’s also the sturdiest of the bunch: It’s the only one that’s waterproof from two meters for an hour.
Casetify Ultra Compostable
Engadget
Casetify is mostly known for making durable yet stylish phone cases, but it has several eco-friendly options, too. The latest is its new Compostable line, which is made with a 100 percent compostable and plant-based material called “Ecotify.” Basically, it’s a blend of bamboo, biopolymers and starch.
The regular Compostable line has a drop-protection of around four feet, while the Ultra Compostable line, with its extra corner bumpers, has a drop-protection of about 6.6 feet. My recommendation would be to go with the more durable Ultra Compostable option, even if it does cost about $5 more.
Unfortunately, Casetify’s Compostable line is only available for iPhones the (iPhone 7 and up). Casetify does make other kinds of sustainable cases for both the iPhone and Samsung Galaxy handsets (Galaxy S20 and newer), but they’re not compostable. Instead, they’re made from 65 percent recycled materials. Plus, Casetify offers the option to return your old case, which they’ll then reuse or up-cycle to create a new one, thus reducing waste.
The biggest perk of Casetify’s cases is that they’re very customizable. Not only can you pick out your favorite bumper colors and designs (Casetify regularly partners with brands and illustrators to come up with unique styles), but you can actually add engravings to them too. You can also choose to add even more protection with thicker bumpers (Casetify says the “Bounce Case” offers a 13-foot drop protection).
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