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#vulturecapitalism

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Guardian: Cal-Maine’s profits more than tripled compared with the same quarter last year – and are nearly eight times as high as at the start of the bird flu outbreak in February 2022, according to financial results published on Tuesday. The company, which produces 20% of the eggs eaten in the US, made $1bn in windfall income in the first three-quarters of the financial year – the profits extracted after accounting for production, processing and transport costs.

On Tuesday, Cal-Maine said that its sales almost doubled to $1.42bn in the fiscal third quarter, which ended on 1 March, primarily down to raising egg prices, which has hurt consumers who rely on the once affordable protein source. But the company’s shares then fell by more than 4% after acknowledging that it was being investigated by the justice department’s anti-trust division. Mississippi-based Cal-Maine said it received notice of the investigation into egg price increases last month and that it was cooperating with the investigation.

I met a traveler from an antique land,
Who said—“Two vast and trunkless legs of stone
Stand in the desert. . . .
...
And on the pedestal, these words appear:
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!

Nothing beside remains. Round the decay
Of that colossal Wreck, boundless and bare
The lone and level sands stretch far away.”

"Ozymandias"
by Percy Bysshe Shelley

“Nothing feels more emblematic to the fight for the soul of the Democratic Party than a Republican-funded super PAC coming after a former nurse and middle school principal,” he said, pointing to United Democracy Project donors like hedge fund manager Paul Singer, whose Elliott Management has fossil fuel investments.

#CrowLeoSingerCorruptedRobertsSettlerColonialCourt #VultureCapitalism #GenocideTaxBuysApartheidFromTheRiverToTheSea

eenews.net/articles/green-new-

E&E News by POLITICO · Green New Deal backers in danger of losing primariesProgressives are encountering stiff competition in races this year. Allies are coming to the rescue.
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@mekkaokereke
Thank you!
It's absolutely ridiculous. When I was a journalist, I'd get calls from studios that needed a "talking head", they thought my stories were interesting.

However. The moment they found out I was female, they'd actually laugh and cancel.

I worked in finance for 2008 till 2018, I saw these stupid boys that own the world now grow up. I interviewed them. They are idiots. #hedgefunds #vulturecapitalism

More enshitification. DropBox adds to the OpenAI data vacuum all your files unless you opt out. Having the pipe is one thing. Having it be opt out and not even telling users about it makes me furious. Their cover story that it is only being enabled for people in their alpha/beta testing program is BS too. I just double checked and I have "Early Access" turned off. I have no idea if I accidentally triggered a file dump to them with results from a file search because nothing in my UI was indicative of when/if they used AI. Fucking clowns. Time to start looking for another provider... #dropbox #VultureCapitalism #enshitifcation #OpenAI
Dropbox spooks users by sending data to OpenAI for AI search features
Ars Technica · Dropbox spooks users with new AI features that send data to OpenAI when usedAI feature turned on by default worries users; Dropbox responds to concerns.