paulgorman.org

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Fri Aug 27 06:00:01 EDT 2021 ======================================== Slept from ten-thirty to six without waking. Mostly cloudy in the morning then becoming partly cloudy. A 50 percent chance of showers and thunderstorms. Highs in the mid 80s. East winds up to 5 mph shifting to the southeast in the late morning and afternoon. Heat index readings 91 to 96. Fifty-five-minute walk in the morning. Mostly cloudy and getting warm. Heard crickets. Saw seagulls, a rabbit, several mourning doves, and three crows. Work ---------------------------------------- - activate Mackinac Windows Server license Done. - preliminary post-sale IT plan to Heidi and Julie Done. Despite waking up before my alarm, feeling pretty rested, after noon I felt sleepy — the rain, maybe. Home ---------------------------------------- Doing a little planning in case I end up unemployed for a few months. My last few months of bank statements show my monthly spending averages about $1050 (food, entertainment, etc.) + $750 rent, or about $21,600 per year. With my new rent, I'll be looking at a little more than $28,000 of expenses a year; if I need to buy my own heath insurance, that could add another ~$500 per month, bringing annual expenses to about $34,000. https://news.ycombinator.com/item?id=28329731 https://semianalysis.substack.com/p/the-semiconductor-heist-of-the-century > As part of the emphasis on the Chinese market, SoftBank succumbed to pressure and formed a joint venture. In the new joint venture, Arm Holdings, the SoftBank subsidiary sold a 51% stake of the company to a consortium of Chinese investors for paltry $775M. This venture has the exclusive right to license Arm’s IP within China. Within 2 years, the venture went rogue. Recently, they gave a presentation to the industry about rebranding, developing their own IP, and striking their own independently operated path. > Removing Allen Wu has proven to be very difficult. Despite a 7-1 vote by the Arm China board, the company seal was still held by Allen Wu. In China, the seal is a stamp which authorizes the person in possession to bind a company and its representatives with rights and obligations. Retrieving this seal and the business license would be a multiyear drawn-out legal process. > Despite formally being fired, Allen Wu has remained in power. He ousted executives that were loyal to Arm. He has even hired security paid for by Arm China that reports to him. This security has kept Arm out of the Arm China offices. Allen Wu has aggressively taken over the firm and is operating it how he sees fit. One interesting tidbit is that Allen Wu sued Arm China in order to declare his dismissal illegal. He essentially sued himself as he represented both sides in that specific court case. Servings: grains 5/6, fruit 1/4, vegetables 2/4, dairy 4/2, meat 2/3, nuts 1/0.5 Brunch: banana, two hot dogs, cucumber, coffee Lunch: macaroni and cheese with potato and beans Afternoon snack: green tea Dinner: -34

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