#bankrupt — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #bankrupt, aggregated by home.social.
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Panic builds over #bankrupt Spirit’s looming data sale to #Google
Doug Kreuzkamp was shocked when news outlets reported that Google won an auction to buy a huge amount of operational data as part of #Spirit Airlines’ #bankruptcy proceedings.
Kreuzkamp founded a startup called #Springshot in 2011, which created a widely used proprietary platform that helps humans and #AI systems improve airline efficiency and quickly solve #logistics problems so flights can stay on time and #airlines can operate as smoothly as possible. Hundreds of airports use it globally.
Springshot powered Spirit’s technology stack for the last three years, right up to the “very last flight,” Kreuzkamp told Ars. Yet his company got no notice when Spirit prepared to auction off a massive dataset that he thinks likely improperly includes a substantial amount of data and intellectual property (IP) that Springshot owns—not Spirit.
#spiritairlines #privacy #security -
Panic builds over #bankrupt Spirit’s looming data sale to #Google
Doug Kreuzkamp was shocked when news outlets reported that Google won an auction to buy a huge amount of operational data as part of #Spirit Airlines’ #bankruptcy proceedings.
Kreuzkamp founded a startup called #Springshot in 2011, which created a widely used proprietary platform that helps humans and #AI systems improve airline efficiency and quickly solve #logistics problems so flights can stay on time and #airlines can operate as smoothly as possible. Hundreds of airports use it globally.
Springshot powered Spirit’s technology stack for the last three years, right up to the “very last flight,” Kreuzkamp told Ars. Yet his company got no notice when Spirit prepared to auction off a massive dataset that he thinks likely improperly includes a substantial amount of data and intellectual property (IP) that Springshot owns—not Spirit.
#spiritairlines #privacy #security -
Panic builds over #bankrupt Spirit’s looming data sale to #Google
Doug Kreuzkamp was shocked when news outlets reported that Google won an auction to buy a huge amount of operational data as part of #Spirit Airlines’ #bankruptcy proceedings.
Kreuzkamp founded a startup called #Springshot in 2011, which created a widely used proprietary platform that helps humans and #AI systems improve airline efficiency and quickly solve #logistics problems so flights can stay on time and #airlines can operate as smoothly as possible. Hundreds of airports use it globally.
Springshot powered Spirit’s technology stack for the last three years, right up to the “very last flight,” Kreuzkamp told Ars. Yet his company got no notice when Spirit prepared to auction off a massive dataset that he thinks likely improperly includes a substantial amount of data and intellectual property (IP) that Springshot owns—not Spirit.
#spiritairlines #privacy #security -
Panic builds over #bankrupt Spirit’s looming data sale to #Google
Doug Kreuzkamp was shocked when news outlets reported that Google won an auction to buy a huge amount of operational data as part of #Spirit Airlines’ #bankruptcy proceedings.
Kreuzkamp founded a startup called #Springshot in 2011, which created a widely used proprietary platform that helps humans and #AI systems improve airline efficiency and quickly solve #logistics problems so flights can stay on time and #airlines can operate as smoothly as possible. Hundreds of airports use it globally.
Springshot powered Spirit’s technology stack for the last three years, right up to the “very last flight,” Kreuzkamp told Ars. Yet his company got no notice when Spirit prepared to auction off a massive dataset that he thinks likely improperly includes a substantial amount of data and intellectual property (IP) that Springshot owns—not Spirit.
#spiritairlines #privacy #security -
Panic builds over #bankrupt Spirit’s looming data sale to #Google
Doug Kreuzkamp was shocked when news outlets reported that Google won an auction to buy a huge amount of operational data as part of #Spirit Airlines’ #bankruptcy proceedings.
Kreuzkamp founded a startup called #Springshot in 2011, which created a widely used proprietary platform that helps humans and #AI systems improve airline efficiency and quickly solve #logistics problems so flights can stay on time and #airlines can operate as smoothly as possible. Hundreds of airports use it globally.
Springshot powered Spirit’s technology stack for the last three years, right up to the “very last flight,” Kreuzkamp told Ars. Yet his company got no notice when Spirit prepared to auction off a massive dataset that he thinks likely improperly includes a substantial amount of data and intellectual property (IP) that Springshot owns—not Spirit.
#spiritairlines #privacy #security -
A wee bit of #computing #history that may be best forgotten.
"The Last One" - "Its creator is David James, a #bankrupt former #millionaire with only a week's formal training in computers. In partnership with Scotty Bambury, a Somerset tyre dealer."
https://en.wikipedia.org/wiki/The_Last_One_(software)
I suspect the DavidJames was an early prototype of the ElonMusk.I was #programming #BASIC at the time and remember all the #hype in the computer press. Just seemed to be a waste of time. A bit like "#AI" now.
#TheLastOne -
Meanwhile, trying to put a price on Britain's involvement in #Slavery continues....
Patrick Robinson of the #UnitedNations has calculated that the UK owes around £18 trillion to the 14 countries most impacted by the #slavetrade.... but accepts that this is likely an underestimate.
If countries *could* find a mechanism to force such a claim (and countries could go #bankrupt), the UK's days might be numbered - a bit like #wilko?
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Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation
https://news.bitcoin.com/gemini-co-founder-accuses-digital-currency-group-of-misrepresentation-demands-ceo-resignation/
#DigitalCurrencyGroup #GenesisGlobalCapital #financialsituation #misrepresentations #ThreeArrowsCapital #Interestpayments #Responsibility #$1.675billion #BarrySilbert #loanmaturity #Allegations #restructure #OpenLetter #subsidiary #hedgefund #Investors #Liquidity #bankrupt -
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation
https://news.bitcoin.com/gemini-co-founder-accuses-digital-currency-group-of-misrepresentation-demands-ceo-resignation/
#DigitalCurrencyGroup #GenesisGlobalCapital #financialsituation #misrepresentations #ThreeArrowsCapital #Interestpayments #Responsibility #$1.675billion #BarrySilbert #loanmaturity #Allegations #restructure #OpenLetter #subsidiary #hedgefund #Investors #Liquidity #bankrupt