Come on people you’re all staring at flashing LEDs distracting you and you’re ignoring the giant spolight of Riccitiello’s ownership of over 400,000 EA shares.
He moved the EA stock price by 2 dollars the day they announced the Unity deal.
He knows.
Twitter, Reddit, Netflix, Unity, we keep asking why these corporations are so greedy, but we know the answer. Because we let them be.
Why shouldn’t Google sell your porn history to the Saudis and Russians? Is your use of their search engine/apps going to change if they do? Even if it does, does it effect their sales? Are they actually going to be held accountable for their scumbag actions? Why should they give the slightest FUCK about you, if you’re never going to cause a problem for them?
No. They’re not.
Why do we let execs sell stock received as compensation at all?
It’s worth whatever it sells for when you resign. Which, if you did a good job, is way more than what it would’ve sold for the day you got it.
Because for some reason, our entire economy is built on short term profit rather than longevity and stability.
Stock market is dependent on news rather than actual business. Good news is difficult to develop and requires actual work to be done.
Bad news travels faster, produces definite effects and gains immediate response and profit.
What’s the worst that could happen, a company would go under. The vultures have already eaten their share and have made a killing in the death of the company.
Who cares about the losers the consumers and the workers.
The only good thing one can hope is for increased support for open source alternatives which are just there but not good enough for production.
