Notices by :afire: Third Man :afire: (anonaccount@poa.st)
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:afire: Third Man :afire: (anonaccount@poa.st)'s status on Thursday, 16-Jan-2025 19:17:43 JST 
:afire: Third Man :afire:
>A Somali national in Sweden has been jailed for eight years for multiple aggravated rapes against elderly women under his care, but cannot be deported after he attained Swedish citizenship.
>Baasim Yusuf, 28, was sentenced this week by the Uppsala District Court after being convicted on two counts of aggravated rape, three counts of aggravated sexual assault, and five counts of possessing offensive photography after filming his victims in compromising positions, in addition to minor drug offenses.
>The crimes pertain to his employment at Förenade Care’s home service in Uppsala from December 2023 to August 2024 during which he would visit vulnerable elderly clients to provide domestic care.
>The court heard how he targeted four women aged between 77 and 88, two of whom suffered from dementia and Alzheimer’s disease, and forced them to commit sex acts and also forced himself on them.
>During the trial, the public prosecutor described the offenses as particularly heinous due to Yusuf’s abuse of his position of trust, accusing the Somali of predatory behavior and exploiting the victims’ age, health, and dependence on him as their caregiver.
>During one assault, Yusuf subjected a 77-year-old woman with dementia to a violent rape and filmed the ordeal. An 88-year-old victim with Alzheimer’s reported that Yusuf continued to rape her despite her pleas to stop, later demanding money and making taunting remarks.
>In another instance, Yusuf forced a victim to perform sexual acts on him, acts that he also recorded. The assaults were part of a pattern of abuse that included five instances of offensive photography, where Yusuf filmed his crimes for his own gratification.
>Yusuf’s behavior during the investigation further highlighted the brutality of his actions. During his initial police interview, he laughed when confronted with the charges. Although he admitted to certain actions, he denied intent to commit crimes, claiming that the victims had consented to intercourse and that he hoped to be compensated financially. These claims starkly contrasted with the victims’ testimonies, which described immense physical and emotional pain.
>During sentencing, Uppsala District Court remarked on the particularly reckless and exploitative nature of Yusuf’s actions, stating that the severity of the crimes warranted a penalty exceeding the minimum for such offenses.
>Yusuf received an eight-year prison sentence but cannot be deported under current laws due to holding Swedish citizenship since 2018.
>Rapes committed by foreigners have been a talking point in Sweden this week following a report published by a research group at Lund University which showed that between the years of 2000 and 2020, 63.1 percent of all those convicted of rape, aggravated rape, or attempted rape were first or second-generation immigrants.
>Just over half, 50.6 percent, were born abroad.
>“It is a strong overrepresentation,” the report’s lead author Ardavan Khoshnood, an associate professor at the university, told Samnytt.
rmx.news/article/somali-jailed-for-raping-multiple-elderly-victims-in-their-own-homes-while-employed-as-a-caregiver-in-sweden-but-wont-be-deported/ -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Thursday, 16-Jan-2025 19:10:49 JST
:afire: Third Man :afire:
>Officials who are involved in the Alternative for Germany (AfD) party will be removed from service with the federal police, according to an internal memo leaked to the German newspaper Junge Freiheit.
>The memo refers to a decree issued by Federal Interior Minister Nancy Faeser, of the Social Democrats (SPD). Faeser has warned federal police officers against sympathizing with the AfD and also stated that they should not join the party as members.
>“They should expect to be fired,” said Faeser.
>The federal police have 54,000 employees, of whom 45,000 are police officers. It is unclear how many officers are currently members of the party, however, many police are members of other parties, which means the decree and threats from Faeser are not about maintaining political neutrality.
>For example, the president of the federal police, Dieter Romann, is a member of the Christian Democratic Union (CDU). A screenshot taken from the police intranet was shared exclusively with Junge Freiheit, which reads: “If membership in such a party becomes known, there are sufficient actual indications that justify the suspicion of a disciplinary offense, at least if the officer is actively involved in such a party.”
>Finally, there is an open threat of termination for officers found to be members of the party. “If disciplinary proceedings are initiated in these cases, officers must expect disciplinary consequences up to and including dismissal,” the intranet site reads.
>To underline the threat, the words “disciplinary consequences up to and including dismissal” are marked in bold in the text.
>The police source who spoke to Junge Freiheit, and wishes to remain anonymous, told the paper: “For me, this represents a significant restriction on the free formation of my own will as a police officer. In my opinion, making involvement with a party that represents more than a fifth of the population a criminal offense is an unacceptable curtailment of the basic rights of civil servants — even taking into account the obligation of neutrality. Any activity for the AfD is prohibited.”
>The internal memo is entitled: “Candidacy for a confirmed right-wing extremist party? Not a good idea as a federal civil servant!” It is clear, therefore, that this does not only apply to the police but a range of civil service professions.
>Dismissal from the civil service is not only sought in the case of candidacy but also for “other behavior that requires a targeted adoption of the political content of such a party.” This is “to be regarded as activism in this sense.”
>The memo reads that the constitutional state “cannot tolerate” this because “the free democratic basic order is rather endangered if the constitutional state remains inactive and allows officials who are entrusted with state tasks and who are obliged to stand up for the free democratic basic order to question the constitutional order in its absolute core.”
>In this internal warning, the German Federal Police explicitly refers to a decree of the Federal Ministry of the Interior dated Aug. 29, 2024. This provides for the “mandatory initiation of disciplinary proceedings” if one runs for the AfD, which is classified as “certainly right-wing extremist” in the German states of Saxony and Thuringia.
>Furthermore, the provision applies not only to membership in the AfD but also to membership in “right-wing extremist groups such as the ‘Free Saxons’ or the AfD’s youth organization, ‘Young Alternative.’
>“In order to enable the new disciplinary measures against politically undesirable officials, according to the memo, Police Service Regulation 100 (“Leadership and deployment of the police”) was amended. The Federal Police informs its officers that section 1.5 “Leadership and Cooperation” has been revised.
rmx.news/article/police-officers-affiliated-with-afd-face-dismissal-under-government-decree-leaked-memo-reveals/ -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Wednesday, 15-Jan-2025 22:05:03 JST
:afire: Third Man :afire:
@jimmybuffettfanaccount @teto It's a word-by-word shameless appropriation of this classic from RW Twitter, which is a testament both to the fact that we live rent free in the trannoid's head (self-loathing, neuroticism, psychoticism, vulnerable narcissism) and to their utter lack of originality and comprehension of the world. -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Wednesday, 15-Jan-2025 19:24:45 JST
:afire: Third Man :afire:
>Crime rates in France continued to soar in 2024 with alarming hikes in homicides, sexual violence, and robberies painting a bleak picture of the nation’s security challenges.
>A report by the Ministerial Statistical Service for Internal Security (SSMSI), published by Le Figaro, revealed that, on average, France experienced three murders, 600 burglaries, 330 sexual assaults and armed robberies, and over 1,000 common assaults every day last year.
>In total, there were 1,186 victims of homicide in France in 2024 — a 28 percent increase since 2016. In addition, approximately 4,000 attempted homicides were reported.
>Sexual violence has also surged, with 123,210 offenses documented in 2024, a figure that likely underestimates the true scale due to underreporting. The figure has sky-rocketed by 137 percent since 2016 — the last year before President Macron took office.
>While non-violent thefts against individuals have declined by 11 percent, property crimes remain significant. Over 220,000 burglaries were reported in 2024, while drug-related offenses continue to fuel broader criminal activity, with drug use offenses rising by 12 percent and trafficking increasing by 5 percent.
>“The country has once again passed above the symbolic threshold of a thousand murders in a year,” lamented Alain Bauer, chairman of criminology at the National Conservatory of Arts and Crafts (Cnam).
>These figures are scheduled for online release to the wider public on Jan. 30.
>The rampant crime has led to France’s prison system becoming significantly strained. Currently, 80,000 inmates are occupying facilities designed for just 62,000, and government pledges to increase capacity have currently not been fulfilled.
>A promise to construct 15,000 additional prison places by 2017 is currently projected to be completed by 2029 at the earliest, leading to significant overcrowding and complicating an effort to rehabilitate offenders.
>Suburbs of major French cities like Paris and Marseille have become a breeding ground for criminal activity, much of which is undertaken by those from migrant communities.
>In 2022, then Interior Minister Gérald Darmanin acknowledged that 48 percent of criminal acts in the French capital were committed by foreign nationals, while they accounted for 55 percent of crimes in Marseille and 39 percent in Lyon.
>“Of course, the foreigner is not by nature a criminal, but we have a problem with foreign delinquency,” Darmanin said at the time.
>Soaring crime is affecting public confidence in law enforcement and prevention, with a study published this week revealing that more than nine in ten French women now feel unsafe going for a jog.
>The poll, conducted L’Equipe, revealed that 92 percent of women are fearful of exercising outdoors. Another 38 percent of the women polled have already been victims of physical or verbal harassment, which resulted in 48 percent of them stopping following the incident.
rmx.news/article/murder-and-sexual-assault-skyrockets-in-france-as-crime-rates-soared-in-2024/ -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Wednesday, 08-Jan-2025 12:33:41 JST
:afire: Third Man :afire:
nitter.poast.org/FinanceLancelot/status/1711556752347476464#m
nitter.poast.org/FinanceLancelot/status/1681448283343060992#m -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Tuesday, 31-Dec-2024 13:55:21 JST
:afire: Third Man :afire:
@ArdainianRight A "Random Sentence From The Mein Kampf And The Camp Of The Saints Books Bot"? Holy kino. -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Wednesday, 20-Nov-2024 21:06:23 JST
:afire: Third Man :afire:
RT: https://mastodon.xyz/users/rms/statuses/113515029452770269 -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Thursday, 14-Nov-2024 20:32:06 JST
:afire: Third Man :afire:
>Russian Foreign Minister Sergey Lavrov has told a Russian journalist that the Russian authorities will evaluate Donald Trump’s administration based on its actions. As to Trump’s talk of a swift end to the war in Ukraine, Lavrov says everything he hears is nothing more than a rehash of the Minsk agreements.
>“Among those in the Republican Party who currently put forward, as they claim, ‘revolutionary ideas’ on how to end the conflict in Ukraine, no one has ever mentioned that people in Ukraine must regain the right to speak, learn, teach their children and receive information in Russian,” Lavrov said, referencing those in Ukraine who identify as Russian and for whom the language is their mother tongue.
>The Russian foreign minister stressed that the Kremlin would not change its position. “We have spoken about this many times and will continue to do so. None of the ‘architects of the Ukrainian agreement’ in the West attach importance to this,” he added. In his opinion, the new U.S. administration also wants to benefit from “weakening Russia and its influence,” because “everything comes down to the desire to weaken Russia as a rival.”
>Lavrov argues that the change of power in the United States will not affect Washington’s attitude towards Ukraine and its European allies because the U.S. “will always want to control everything that happens in the vicinity of NATO and, of course, in the NATO space itself.”
Highly elated response, tied with Iran for enthusiasm.
rmx.news/article/lavrov-trump-wants-to-benefit-from-russias-weakening/ -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Monday, 11-Nov-2024 23:19:01 JST
:afire: Third Man :afire:
nitter.poast.org/RMXnews/status/1855942255657230372 -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Thursday, 31-Oct-2024 21:09:11 JST
:afire: Third Man :afire:
Saddam wept:
>Despite all the recent billions in US taxpayer monies recently sunk into Ukraine, President Volodymyr Zelensky is fuming after key controversial aspects to his 'victory plan' pitched to Biden administration officials were leaked to The New York Times.
>The following is the leaked content made public for the first time in the Tuesday NY Times piece:
>[ibid.] "In one part not made public, Mr. Zelensky proposed a “nonnuclear deterrence package” in which Ukraine would get Tomahawk missiles, a totally unfeasible request, a senior U.S. official said. A Tomahawk has a range of 1,500 miles, more than seven times the range of the long-range missile systems called ATACMS that Ukraine got this year. And the United States sent only a limited number of those, senior U.S. officials said."
>On the whole, the NYT report comes off scathing and negative toward Zelensky, calling his recent tour to lobby Washington and the West in favor of his victory plan a failure. But then it comments that the plan was likely set up to fail.
The betrayal is palpable:
>The Times piece strongly suggests [euphemism] the whole thing is a political charade to begin with, and that Zelensky set up the 'victory plan' for failure in order to lay ultimate blame on the West for 'lack of support' when it inevitably rejects it:
>[ibid.] "But the real audience for the plan might be at home, some military analysts and diplomats say. Mr. Zelensky can use his hard sell — including a recent address to Parliament — to show Ukrainians that he has done all he can, prepare them for the possibility that Ukraine might have to make a deal and give Ukrainians a convenient scapegoat: the West."
>In the wake of this leak to the Times by Biden admin officials, Zelensky has begun lashing out directly at the White House in a rare moment.
>"And this was confidential information between Ukraine and the White House. How should we understand these messages? So, it means between partners there’s nothing confidential?” Zelensky said in a fresh media interview published Wednesday.
>According to Politico's commentary:
>[ibid.] "Ukrainian President Volodymyr Zelenskyy confirmed Wednesday that he asked the United States for Tomahawk long-range missiles to help defeat Russia — and slammed the White House for leaking secrets to the American media.
>...Zelenskyy, though, was displeased with information about the Tomahawk request being divulged to The New York Times for a story in which an anonymous senior U.S. official described the Ukrainian request as totally unfeasible."
>[from @United24media] "⚡️ President Zelenskyy on Tomahawks: "It was confidential information between Ukraine and White House. How to understand these messages? So, it means, between partners there is no confidential things."
>Still, one Ukrainian official told the same publication, "We know the plan is realistic. U.S. own military studied it and said it is realistic." So it seems the White House is indeed throwing Zelensky under the bus, even as he tries to do the same to the White House.
Charitable predictions from Aaron Matè:
>US officials recently leaked that Zelensky's "Victory Plan" includes a request for long-range US Tomahawk missiles, which they ruled out as too escalatory. Zelensky is understandably upset that this was disclosed. He's being thrown under the bus.
>But it's worse than that. Before it invaded in Feb. 2022, Russia sought a US commitment to not place long-range missiles like the Tomahawk inside Ukraine. Biden initially said he was open to discussing that, but then backed off.
>This likely factored into Russia's decision to impose its security demands by force. Rather than negotiate with Russia, Biden chose to encourage war -- and then leave Ukraine hanging anyway.
zerohedge.com/geopolitical/zelensky-fumes-over-white-house-leak-secret-missile-plan-ny-times -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Thursday, 31-Oct-2024 20:56:20 JST
:afire: Third Man :afire:
More cans for the can opener god:
>The Dusseldorf-based German arms manufacturer Rheinmetall this week announced that it has completed delivery of twenty more 20 Marder 1A3 infantry fighting vehicles (IFVs) to Ukraine.
>But its relationship with Kiev has gone much further, becoming among the very first major European arms companies to open a factory in Ukraine. This has provoked outrage among Kremlin officials, who are now warning that military action could be taken against the Rheinmetall plant.
>Kremlin Spokesman Dmitry Peskov has told reporters in a briefing that "A plant of Rheinmetall, a German arms manufacturer, launched in Ukraine, is a legitimate military target for the Russian Armed Forces."
>"Certainly it is," he emphasized in response to a question on whether the factory is now a target by being established inside Ukraine.
>Not only is the German company going to produce armored vehicles, and maintain and repair them from inside the war-ravaged country, but it is even seeking to develop a local gunpowder and munitions plan.
>TASS notes that Rheinmetall is NATO member Germany’s largest defense contractor. "It substantially profits from the Ukrainian conflict and anticipates further increased revenues. In 2023, its turnover went up by 12%, to 7.1 bln euros, with its net income growing by 9%, up to 0.6 bln euros," the report reviews.
Wouldn't want these new "production installations" to be foiled by Ukraine's inevitable wrapping:
>Rheinmetall has indicated it eventually plans to open no less than four military production installations inside Ukraine, with the ammo side expected to begin within the next two years.
>The company downplayed the Tuesday threat from Peskov, saying the "production of weapons in Ukraine is well protected and this is not the first time they have heard threats from the Kremlin." It plans to move forward despite the threats.
>Among Russia's key rationales for the February 2022 invasion was to 'demilitarize' Ukraine amid accusations that NATO is building up its military infrastructure inside the country which shares a large border with Russia. But now it appears the Western military alliance is rushing to do just that.
zerohedge.com/geopolitical/moscow-warns-german-arms-factory-ukraine-legitimate-target -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Monday, 30-Sep-2024 17:53:50 JST
:afire: Third Man :afire:
winterwatch.net/2024/09/lebanonese-refuges-head-for-europe/ -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Monday, 16-Sep-2024 16:44:25 JST
:afire: Third Man :afire:
>Sweden has announced plans to pay migrants 350,000 SEK (€30,809) to return to their homeland in a new voluntary remigration scheme proposed by the center-right government.
>Remix News was one of few English-language sites to report on the plans proposed last month by then Migration Minister Maria Stenergard and reviewed by the Swedish justice ministry.
>“This is one of several ways we achieve sustainable immigration that strengthens integration and reduces exclusion,” she added.
>This week, Stenergard was appointed the new foreign secretary and succeeded by Johan Forssell who announced the new policy on Thursday.
>“Migrants who voluntarily return to their home countries from 2026 onwards will be eligible to receive 350,000 Swedish kronor (€31,000),” he said. Even those with Swedish citizenship will be eligible.
>Forssell, whose appointment was backed by the right-wing Sweden Democrats who influence government policy, said upon starting his new role that the government must commit to remigration and abandon the open borders policies of the previous liberal administrations.
>“The important thing now is that we should not return to the previous policy, which after all put Sweden in a very difficult situation. A lot of people were affected by it,” he told Aftonbladet.
>“It is clear that it is an important issue for Sweden and for this government,” he added.
>Last month, Stockholm announced that for the first time in 50 years the country had seen net emigration over the past 12 months. These figures were contested, however, by some right-wing groups with some claiming the government has ramped up naturalizations to massage the figures
rmx.news/article/sweden-to-pay-migrants-whove-failed-to-integrate-nearly-e31000-to-return-home-even-those-with-citizenship/ -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Sunday, 18-Aug-2024 03:16:04 JST
:afire: Third Man :afire:
>This brings us to the tiny hamlet of Tipperary in Ireland (population 165), where the Gardaí assisted Department of Integration had used a manor property called the Dundrum House Hotel to bring hundreds of Ukrainian refugees into the country. Locals noted they had few problems with the Ukrainians because they seemed to easily integrate into the already existing community. However, now that the government has their foot in the door of the village, they have decided to move the Ukrainians out and replace them with third-world migrants with non-western value systems.
>Because of numerous examples of rampant criminality and violence (from rape gangs to mass stabbings) brought by such migrants to major cities throughout Europe and the UK, locals worry that same ideology of dominance and exploitation will now take over their once quiet corner of Ireland. The fact that around 80% of these migrants are single military age men gives little comfort to the residents.
>Protests have erupted in Tipperary after it was revealed that at least 265 migrants would be relocated there, greatly outnumbering the indigenous population.
>Other more discreet and suspicious migrant compounds have been cited in rural areas of Ireland, protected by government security and housing only military age males from predominantly third-world and Islamic countries. The presence of these compounds reads more like a covert invasion rather than an attempt at integration.
zerohedge.com/political/tiny-village-ireland-overrun-government-relocated-migrants -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Sunday, 11-Aug-2024 16:23:35 JST
:afire: Third Man :afire:
>AMD is warning about a high-severity CPU vulnerability named SinkClose that impacts multiple generations of its EPYC, Ryzen, and Threadripper processors. The vulnerability allows attackers with Kernel-level (Ring 0) privileges [that is, device drivers] to gain Ring -2 privileges and install malware that becomes nearly undetectable.
>Ring -2 is one of the highest privilege levels on a computer, running above Ring -1 (used for hypervisors and CPU virtualization) and Ring 0, which is the privilege level used by an operating system's Kernel.
>The Ring -2 privilege level is associated with modern CPUs' System Management Mode (SMM) feature. SMM handles power management, hardware control, security, and other low-level operations required for system stability.
>Due to its high privilege level, SMM is isolated from the operating system to prevent it from being targeted easily by threat actors and malware.
>Tracked as CVE-2023-31315 and rated of high severity (CVSS score: 7.5), the flaw was discovered by IOActive Enrique Nissim and Krzysztof Okupski, who named privilege elevation attack 'Sinkclose.'
>Full details about the attack will be presented by the researchers at tomorrow in a DefCon talk titled "AMD Sinkclose: Universal Ring-2 Privilege Escalation."
>The researchers report that Sinkclose has passed undetected for almost 20 years, impacting a broad range of AMD chip models.
>Ring -2 is isolated and invisible to the OS and hypervisor, so any malicious modifications made on this level cannot be caught or remediated by security tools running on the OS.
>Okupski told Wired that the only way to detect and remove malware installed using SinkClose would be to physically connect to the CPUs using a tool called a SPI Flash programmer and scan the memory for malware.
Access to Ring 0 on Windows is trivial:
>[...] Advanced Persistent Threat (APT) actors, like the North Korean Lazarus group, have been using BYOVD (Bring Your Own Vulnerable Driver) techniques or even leveraging zero-day Windows flaws to escalate their privileges and gain kernel-level access.
>Ransomware gangs also use BYOVD tactics, employing custom EDR killing tools they sell to other cybercriminals for extra profits.
>The notorious social engineering specialists Scattered Spider have also been spotted leveraging BYOVD to turn off security products.
>These attacks are possible via various tools, from Microsoft-signed drivers, anti-virus drivers, MSI graphics drivers, bugged OEM drivers, and even game anti-cheat tools that enjoy kernel-level access.
Whose lucky Russian \ Chinese state APT group will pounce on this to create another bootkit?
bleepingcomputer.com/news/security/new-amd-sinkclose-flaw-helps-install-nearly-undetectable-malware/ -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Friday, 09-Aug-2024 13:02:35 JST
:afire: Third Man :afire:
>Germany’s liberal Free Democratic Party (FDP), the smallest party in the governing coalition, is proposing that law enforcement authorities should be obliged to disclose the nationality of suspected criminals throughout the country.
>The initiative has been endorsed by the opposition CDU/CSU, while the anti-immigration Alternative for Germany (AfD), although supportive of it in theory, believes it does not go far enough.
>According to the FDP, the initiative aims to ensure “transparency and credibility,” adding that in the wake of the 2015/2016 refugee crisis and the subsequent rise in foreign crime in Germany, there have been various questions regarding how to achieve this. For example, at which stage of the investigation should the nationality of suspects be formally declared, which cases may demand greater transparency, and what should be done when there is a greater risk that disclosure of the suspect’s citizenship will lead to general prejudice?
>According to Die Welt newspaper, the FDP and the parliamentary group of the conservative CDU/CSU coalition are calling for a uniform approach by law enforcement authorities nationwide, including mandatory disclosure.
>In an interview with the newspaper, FDP Secretary-General Bijan Djir-Sarai argued that this would increase public confidence in law enforcement agencies. According to him, people should have confidence that politicians “take the problem of foreign crime seriously.”
>While the left-wing SPD, the largest party in the three-party governing coalition, has not yet taken a position on the initiative, the Green Party has rejected it, saying it would deprive authorities of the discretion they need to do their job successfully.
>The AfD, which has been the most vocal in the fight against illegal immigration, has, on the other hand, “slammed” the FDP’s proposal, to the extent that the party believes that it is not enough to disclose nationality, but that the migration background of suspects, convicts and detainees should also be made public.
rmx.news/crime/germany-considers-reform-to-publishing-nationalities-of-criminals-amid-spike-in-migrant-crime/ -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Wednesday, 07-Aug-2024 15:50:18 JST
:afire: Third Man :afire:
>In March, Nvidia Corp. disclosed that CEO Jensen Huang's Rule 10b5-1 trading plan included selling 600,000 shares (or about 6 million shares accounting for the 10-for-1 stock split) by March 31, 2025. He has already sold millions of shares, effectively top-ticking the market. This news should have served as a clear warning sign to investors that the AI bubble was approaching a peak.
>Data from Bloomberg shows Huang's daily sale of 120,000 shares began on June 13. The selling was indiscriminate. Most of it was sold between $135 and $109 from June through July. The selling continued into the downward draft in recent days.
>Since the beginning of June, Huang dumped millions of shares.
>"While the June and July sales were executed under a 10b5-1 trading plan adopted in March, the timing proved fortunate," Bloomberg noted, adding, "Huang has personally sold about $1.4 billion in shares since the start of 2020, including this summer's sales."
>Meanwhile, The Information recently reported that Nvidia has informed Microsoft and other cloud providers that its most advanced AI chip models in the Blackwell series (B200 AI chip) face three months of delays following the discovery of a design flaw "unusually late in the production process."
>This is troubling news for Nvidia and the AI bubble, especially after Goldman's head of research admitted just weeks ago that AI is indeed a bubble. Compound this all with global stock market turmoil - and the AI bubble faced more unwinds today.
>Another stock market omen of insider dumping was billionaire investor Warren Buffett's Berkshire Hathaway, disposing of 90 million Bank of America shares in recent weeks.
>We called Buffett's selling a 'dump-a-thon' last week. It was a warning sign that the billionaire saw trouble ahead.
>Furthermore, Buffett quietly dumped half of Berkshire's Apple shares in the second quarter while increasing the company's cash pile by a record $88 billion to an all-time high of $277 billion at the end of last quarter.
zerohedge.com/markets/nvidia-ceo-warren-buffett-insider-stock-selling-was-ominous-warning-ahead-market-swoon -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Wednesday, 07-Aug-2024 05:41:40 JST
:afire: Third Man :afire:
@Shlomo I stand by this statement. -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Tuesday, 30-Jul-2024 10:35:10 JST
:afire: Third Man :afire:
>Former residents and descendants of those who grew up in the historic Black community of Africville are incensed after five people were shot on Saturday during the community’s annual reunion in Halifax.
>“I’m furious. I’m hurt. I’m sad. I’m upset … In 40 years we’ve never had a problem and last night here was like a war zone,” said Paula Grant-Smith, who lived in the community until she was 15 years old, and was camping with family and friends Saturday night at Africville Park.
>This weekend marked the 41st annual Africville Family Reunion, which aims to bring together former residents and their descendants. The community was uprooted in the 1960s when the City of Halifax demolished homes in the neighbourhood and residents were displaced.
>Halifax Regional Police said Sunday that five people in attendance were shot Saturday night when two men exchanged gunfire and the bullets went into the crowd.
And, if you were wondering:
>One victim, in their late teens, is believed to have life-threatening injuries while the other four, all in their 20s, were also sent to hospital with injuries, police said.
amren.com/news/2024/07/africville-community-members-furious-after-five-shot-during-annual-reunion/ -
:afire: Third Man :afire: (anonaccount@poa.st)'s status on Saturday, 27-Jul-2024 06:23:07 JST
:afire: Third Man :afire:
How are these Olympics real?
nitter.poast.org/F_Desouche/status/1816826839639200140#m
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