"To big to fail" just means "should be held in the public trust"

cross-posted from: https://lemmy.blahaj.zone/post/17994293

cross-posted from: https://feddit.org/post/4199810

cross-posted from: https://lemmy.world/post/21381209

The US Copyright Office has denied a request to allow remote access to out-of-print video games, a decision that impacts video game preservation efforts.

cross-posted from: https://beehaw.org/post/16741709

For a brief moment, newspapers across the country spread word of a “secret society” of “Negro fanatics” called the United Socialists. Police, journalists, and ordinary settlers didn’t know what to make of them. Were they revolutionaries, a religious cult, or a swindling scheme? A scattered historical record suggests that they were an unusual kind of messianic movement, one that drew from the spiritual practices and political contradictions of poor Black people in the American West. In the process, they defiantly challenged the logic of political sovereignty and land ownership that shaped Western expansion. Their ideology consisted of two basic tenets: The group could “seize any property and occupy it,” and “the United States had no authority to interfere.”

The origin story of the United Socialists can be pieced together primarily from newspaper accounts. They were rumored to have chapters across the eastern side of modern-day Oklahoma, but the group was based in the Muscogee (or Creek) Nation’s area of relocation. They were powerful in their own right. Although a White-led socialist movement flourished in the region, the United Socialists “had no direct connection” to any established party.

cross-posted from: https://lemmy.ml/post/21772522

Indonesia has started the process of becoming part of the BRICS in a sign of growing influence for the group that’s positioned itself as an alternative to the US-led global order.

Southeast Asia’s largest economy expressed its interest in joining the bloc at the BRICS Plus Summit in Kazan, Russia on Thursday, according to newly-appointed Indonesia Foreign Minister Sugiono.

BRICS, led by Brazil, Russia, India, China and South Africa, is the “right vehicle” to advance the interests of the Global South, Sugiono said in a statement. The bloc also backs new Indonesia President Prabowo Subianto’s priorities, including food and energy security, poverty eradication and improving human capital, he added.

“Joining BRICS is a manifestation of Indonesia’s free and active foreign policy,” said Sugiono who goes by one name.

The starting the process to join BRICS marks the first foreign policy move by the Prabowo government. It would be a major win for BRICS should Indonesia join its ranks. Within Southeast Asia alone, Thailand — a US treaty ally — and Malaysia have also expressed interest to join.

In his speech at the BRICS Plus Summit in Kazan, Sugiono underlined Indonesia’s solidarity with Palestine and Lebanon, and reiterated calls for a ceasefire. “Indonesia cannot remain silent while these atrocities continue without anyone being held accountable,” he said.

The worsening conflict in the Middle East continues to be a major issue for Indonesia, home to one of the world’s largest Muslim populations.

Still, Indonesia has said it would continue to engage with other multilateral groups. Prabowo is set to attend the Group of 20 Summit in Brazil in November. The country is also going through the accession process for the Organisation for Economic Co-operation and Development.

“It does not mean that we join a certain camp, but we actively participate in all forums,” Sugiono said.

Archive link

cross-posted from: https://lemmy.world/post/21252819

Microsoft boss Satya Nadella will earn a wallet-busting $79.1m (£60.9m) this financial year, up 63 percent on his compensation for 2023.

The huge boost to Nadella's pay in both cash and stock, announced by Microsoft last night, comes after a positive year overall for the company's financial revenues - but a turbulent 12 months for its employees.

2024 has seen two mass layoffs at Microsoft, with 1900 staff laid off in January, before a further 650 Xbox employees were shown the door in September.

cross-posted from: https://lemmy.world/post/21252819

Microsoft boss Satya Nadella will earn a wallet-busting $79.1m (£60.9m) this financial year, up 63 percent on his compensation for 2023.

The huge boost to Nadella's pay in both cash and stock, announced by Microsoft last night, comes after a positive year overall for the company's financial revenues - but a turbulent 12 months for its employees.

2024 has seen two mass layoffs at Microsoft, with 1900 staff laid off in January, before a further 650 Xbox employees were shown the door in September.

cross-posted from: https://slrpnk.net/post/14397907

Record dry conditions in South America have led to wildfires, power cuts and water rationing. The world’s largest river system, the Amazon, which sustains some 30 million people across eight countries, is drying up.