<story><title>SoftBank Vision funds post record $39B annual loss</title><url>https://www.ft.com/content/1dd470c2-be80-4887-83cc-87be93100a12</url></story><parent_chain><item><author>williamDafoe</author><text>Their massive early investment in Uber distorted their reality and they expected ride sharing to be incredibly successful in other markets when it&amp;#x27;s not even successful in the USA - it&amp;#x27;s a fraud that pays below minimum wage off the backs of people who cannot do math.  It has never made money anywhere ...&lt;p&gt;ARM has had a laziness problem ever since the Apple A1 chip - there&amp;#x27;s a reason why nobody uses their 6-yr old layouts.  ARM almost killed Qualcomm when they adopted A57 for the snapdragon 808 using the 64-bit arm design - that chip melted quite a few phones and this gave Exymos it&amp;#x27;s start!</text></item></parent_chain><comment><author>TylerE</author><text>Ironically the one good thing the rideshades did was to get taxis to install credit card readers. Taxis are often half the price of an Uber these days.</text></comment>
<story><title>SoftBank Vision funds post record $39B annual loss</title><url>https://www.ft.com/content/1dd470c2-be80-4887-83cc-87be93100a12</url></story><parent_chain><item><author>williamDafoe</author><text>Their massive early investment in Uber distorted their reality and they expected ride sharing to be incredibly successful in other markets when it&amp;#x27;s not even successful in the USA - it&amp;#x27;s a fraud that pays below minimum wage off the backs of people who cannot do math.  It has never made money anywhere ...&lt;p&gt;ARM has had a laziness problem ever since the Apple A1 chip - there&amp;#x27;s a reason why nobody uses their 6-yr old layouts.  ARM almost killed Qualcomm when they adopted A57 for the snapdragon 808 using the 64-bit arm design - that chip melted quite a few phones and this gave Exymos it&amp;#x27;s start!</text></item></parent_chain><comment><author>jjeaff</author><text>It&amp;#x27;s basically an inefficient, but effective way to siphon money from the poor and middle class and deposit it into the bank accounts of the wealthy by utilizing the equity the poor and middle class have in their vehicles.</text></comment>