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Remember kids: "Passive income" is a term used to describe wealth handed out to people by society, through our economic system, without doing any work.

Many people receiving a "passive income" are intergenerationally wealthy, as opposed to the working class and long-term unemployed people who receive social welfare payments.

Because of this, they're referred to as passive income /earners/ not passive income /recipients/. Conversely, we have social welfare /recipients/ not social welfare /earners/.

As a society, we've decided that Joe Heir and Jane Heiress deserve their wealth, even if they've never done a full day's work in their lives. And there are no income tests for this wealth, so they get these handouts even if they don't need them.

Conversely, we've collectively decided that welfare recipients are bludgers. Welfare payments are also vigorously means tested. The burden of proof is entirely on you to claim and prove you deserve these payments.

The one exception to this social welfare rule is when handouts go to the rich, whether that's in the form of subsidies or tax breaks.

Because there's one law for the rich, and another for the poor.

#capitalism #economy #economics #business


Before and after the 2024 election, Elon Musk made it clear he disliked environmental regulations and considered them a barrier to innovation.

His companies, from Boring Co. to xAI, have been accused of finding ways to sidestep regulations. Here's what to know:
propublica.org/article/elon-mu…

#ElonMusk #Environment #Regulation #Business #SpaceX #Tesla #Musk





How would you like your lawyer, your doctor, your headhunter to handle your sensitive data?

Tuta has everything a #business needs.

✅ End-to-end encryption
✅ GDPR-compliant
✅ Servers in Germany
✅ BRAO contract

Find out more about Tuta Mail for businesses: tuta.com/business

#BRAO #Anwalt #DSGVO



Donald #Trump Controls a Publicly Traded Company. Now He Will Pick Its Regulator.

There have been internal concerns that Trump Media could be misleading investors, a source said. But with its largest shareholder about to be president, experts doubt the SEC is up to the job of investigating Truth Social’s parent company.

#News #Government #SEC #Regulation #USPolitics #TrumpMedia #Politics #Business #Finance #DonaldTrump

propub.li/41qRU9S


Trump Media Outsourced Jobs to #Mexico Even as #Trump Pushes “America First”
==

On the campaign trail, #DonaldTrump threatened businesses that send jobs south of the border, while his own company that runs the Truth Social platform outsourced coding jobs to workers in Mexico, outraging some staff members.

#News #TrumpMedia #Trump #Government #Business #Tariffs #Politics #Election #ELection2024 #TruthSocial

propublica.org/article/donald-…


👉 "The core issue is that open source contributors are not paid fairly. 60% of open-source maintainers are unpaid volunteers, and just 13% make a living as professional project maintainers, according to the 2023 State of the Open Source Maintainer Report."

Boosts appreciated 🚀

➡️ infoworld.com/article/3557846/…

#FreeSoftware #OpenSource #FOSS #FLOSS #SoftwareLibre #Business #KDE #Research #Science #NLnet #softwareDevelopment



Long read but the TL;DR is basically that SaaS is the canary in the coalmine for the #growth fallacy. The arithmetic is so simple it boggles the mind how this mindset came to dominate in the first place: Growth stagnates for these megacorps because there's no more customers. Once you're on 95% of all PCs there's simply no remotely reasonable way to keep growing, let alone grow faster, yet that's what these supposed "business geniuses" expect.

wheresyoured.at/saaspocalypse-… #EdZitron #tech #business


PwC 'Tipping the Balance' of Hybrid Working and Will Start Tracking Its Workers' Locations - PwC has demanded staff spend less time working from home -- and it's going to star... - tech.slashdot.org/story/24/09/… #business




"The Biden administration has quietly pushed more than a half-dozen countries to weaken, delay or rethink baby formula regulations aimed at protecting the public’s health — sometimes after manufacturers complained, a ProPublica investigation has found."

propublica.org/article/baby-fo…

#PublicHealth #breastfeeding #BabyFriendly #formula #marketing #advertising #business #trade



Can #typos make lies seem less deceptive or make true statements seem less true?

“true statements with grammatical errors and unusual word choices were seen as more deceitful, and lie statements with the same language were seen as less deceptive” and “I discovered a new brain response that is sensitive to the difference between perceived truths and lies.”

Dissertation permalink: digitalcommons.usu.edu/etd2023…

DOI: doi.org/10.26076/068f-415c

#ethics #xPhi #decisionScience #neuroscience #psychology #business #communication #linguistics




How Warren Buffett Privately Traded in #Stocks That Berkshire Hathaway Was Buying and Selling
==

Buffett has long said such trading would be a conflict of interest, and Berkshire policies prohibit it.

But confidential records show that, on at least three occasions, he sold millions of dollars of shares in stocks that Berkshire was #trading.

#IRS #WarrenBuffett #Investing #News #Business #Money #BerkshireHathaway

propublica.org/article/warren-…


In the comments of the last #video, someone had asked René Fürst for an InfinityBook S 15 with a special configuration - we were happy to make the device available for a #review.

📹Video: youtube.com/watch?v=U4Oyp4DrmW…

📝Blog: renefuerst.eu/im-test-tuxedo-i…

#tuxedo #laptop #business #linux


Google wants to track you - no matter what. Now it is threatening to take down Invidious, a popular platform on which you can watch YouTube videos without being tracked!

tutanota.com/blog/google-youtu…

#google #business #data #legal #privacy #opensource #foss


So Google is now preventing people from removing location data from photos taken with Pixel phones.

Remember when Google's corporate motto was "don't be evil?"

Obviously, accurate location data on photos is more useful to a data mining operation like Google.

From Google: "Important: You can only update or remove estimated locations. If the location of a photo or video was automatically added by your camera, you can't edit or remove the location."

It's enshitification in action.

Source: support.google.com/photos/answ…

#technology #tech @technology #business #enshitification #Android #Google @pluralistic #infosec




Bitwarden is a free open source password manager for computers and mobile devices. You can follow their official accounts at:

➡️ @bitwarden@fosstodon.org (main account)

➡️ @bitwarden@tilvids.com (videos)

➡️ @Bitwarden@pixey.org (photos & clips)

Their website is at bitwarden.com

(New post due to additional official accounts)

#BitWarden #FOSS #FLOSS #Libre #FreeSoftware #OpenSource #Password #Passwords #PasswordManager #Business #Productivity #Office #Apps


Molly White is the creator of the "Web3 is going just great" project which tracks the latest news of cryptocurrency/NFT disasters, scams and collapses. You can follow at:

➡️ @molly0xfff (White's account)

➡️ @web3isgreat (project account)

The project's website is at web3isgoinggreat.com and features a useful interactive timeline of the news items.

#MollyWhite #Web3IsGoingJustGreat #Web3 #Cryptocurrency #Crypto #Tokens #Coins #NFTs #NFT #News #Financial #Money #Scams #Technology #Business