Showing posts with label The Social Network. Show all posts
Showing posts with label The Social Network. Show all posts

Saturday, May 19, 2012

Facebook IPO Being Described As Lackluster In Light Of Shares Falling


Mark Zuckerberg

The Facebook IPO that hit Wall Street in America yesterday, described as the biggest of its kind, is being described as "lackluster" and one that "fizzled." Prices initially rose, then dropped to $38.00 per share, forcing stockbrokers to intervene in propping up the price.

This is well below the value of other companies, such as Facebook contemporary Google and investment titan Berkshire Hathaway. On the eve of the initial public offering, General Motors yanked $10,000,000 in ads from Facebook, stating they did not work, having no consumer impact.



The most valuable companies in America are Apple, Wal-Mart and McDonalds. Facebook has entertained many, but for overall, sustainable value, the Judiciary Report is of the belief, social networking can be fickle and other companies with a more solid business plan and durable products, have a better chance for long term sustainability.

After all, look what happened to MySpace. One minute it was the biggest thing in social networking, the next people stopped using it and Rupert Murdoch was forced to sell it for next to nothing, compared to what he paid for it a few years prior.

STORY SOURCE

Saturday, May 12, 2012

Facebook Founder Flees America For Singapore Renouncing His U.S. Citizenship In An Emerging Pattern



Barack Obama

According to mainstream press reports, multi-billionaire, Eduardo Saverin, the man whose mathematical code was used to build social networking website, Facebook, has renounced his U.S. citizenship acquired in 1998 and moved to Singapore. The Academy Award winning film "The Social Network" exposed the fact that Brazilian born Saverin, who moved to America as a teenager, used money from his dad to start Facebook, but was later robbed.

Saverin met Facebook co-founder, Mark Zuckerberg, the face of the company, at Harvard University, where the two were roommates. Saverin later sued Zuckerberg for trying to push him out of Facebook to steal all the profits and credit, which would not have been possible without Saverin's money or mathematical prowess, via a detailed algorithm he authored.


Zuckerberg also stole the idea for the Facebook website from fellow Harvard students, the millionaire Winklevoss twins, who sued him in court. They were given a settlement, nowhere near what they deserved, but this was due to the fact Zuckerberg lied about the value of the company. The case was reopened but corruptly closed by the court.

The brilliant Saverin left America on April 30, 2012, to start a new life in Singapore, opting to invest in Asian markets and live there "indefinitely." Saverin currently has two companies. There is an emerging trend of brilliant businesspeople leaving the United States, to start lives and businesses in other nations, as the financial climate has become very difficult to maneuver, with no support from the court system or federal law enforcement in the event there is a problem.


The Obama Administration has done very little to stem this new "brain drain" from the nation, as he is preoccupied with his "green" religion of solar power and promoting gay marriage. At the end of the day, if the financial sector is not booming, there will be no money for "green" initiatives or anything else. Please understand that and let it sink in. Realize what it means and the risks facing you as a government. No money, no nothing.

These massive deficits cannot continue. This mass unemployment cannot continue. The nation will collapse under this massive debt and unemployment. You are focusing on the wrong things. As a government, you need to get your priorities in order, if America is to enjoy the unprecedented financial prosperity it had in the past. The past 12 years have been nothing but a lamentable downward spiral.


Eduardo Saverin

People give the government advice and they do not listen, running head on into calamity. The Judiciary Report is on the side of truth and it has been sorely absent in the past two administrations. Over the past decade it has eroded the U.S. economy to astonishing degrees.

The Judiciary Report suggested cutting the deficit, the Obama Administration did not do it, which turned out very badly (Obama Calls For Job Summit and GDP Data Shows The Recovery Failed). The Judiciary Report suggested making stimulus tax dollars stretch in creating jobs, the Obama Administration did not do it, which turned out very badly
(Obama Calls For Job Summit). The Judiciary Report suggested the Obama Administration avoid solar and nonessential initiatives, the government did not do it, which turned out very badly (Obama Solar Firm Fails Filing For Bankruptcy And Laying Off 1,110 People).


Mark Zuckerberg

The Judiciary Report suggest the Obama Administration allow U.S. corporate giants to repatriate nearly a trillion dollars to American shores, with tax forgiveness, the president didn't do it, which turned out very badly, as all that money is working for foreign economies, not America. The type of interest accruing on that money, giving foreign banks capital to work with and move around, could have benefited America, but as usual, the Obama Administration did not listen.

It would have been better for the U.S. economy had the money been in American banks in the States, because the aforementioned corporate giants lose nothing in keeping the money abroad where it is working for other nations. When they choose banks that do not do business in America, they are not subject to American law and do not have to report anything to the Obama Administration. Thus, there is no fear of legal penalty.


The Social Network" movie

The Obama Administration has made it very difficult to do business in America, but unwisely believes its okay, not processing the fact businesspeople can leave and take billions in assets, projects and ideas with them. Then America loses out, all because of a stubborn, unthinking administration that refuses to make things right in the corporate and legal sectors. It is going to add up.

Life is too short. People don't want to go through all that hassle and harassment, as the Obama Administration has been vindictive. People would rather work peacefully and spend their free time enjoying quality time with their family - not worrying about an administration's unorthodox and sometimes unlawful maneuvers, plotting and interfering in their businesses. The American people are going to hold Obama accountable for said "brain drain." So will history.

 
Bill Clinton

It is being reported that fellow Democrat and former President Bill Clinton referred to Obama as "an amateur" for his political and economic failings. Obama is not being smart about a number of issues that are going to come back to haunt him and the government for generations to come. You can lead a horse to water...

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Thursday, June 16, 2011

The Facebook Flush

Align Center

Mark Zuckerberg

Reports indicate, Facebook has lost over 8,000,000 users worldwide - 6,000,000 of them in America. Could it be due to the film "The Social Network" and the negative reviews that followed. The Judiciary Report's sister site, the Celluloid Film Review, did an in-depth review on the film, slamming the misconduct Facebook founder, Mark Zuckerberg, engaged in as seen in the movie. It would have been so much better had Zuckerberg not cut the Winklevoss twins out of their own creation he stole and ran with, claiming it as his own, when emails between the parties reveal otherwise.

STORY SOURCE

Report: Facebook loses 6M users in US

Tuesday, March 1, 2011

Movie Review: The Social Network

Title: The Social Network

Year Of Release: 2010

Review Date: February 28, 2011

Rating: PG-13

Running Time: 110 minutes

Box Office Gross: $261,924,837

Site Rating: 5 out of 10 stars

Note: this review contains spoiler alerts. Warning: This film contains sexual situations, semi-nudity, lesbian scene, bad language and gambling.

"The Social Network" is the story of the Facebook website and how Mark Zuckerberg stole it from four people. The Oscar winning film, traces the site back to its roots in American universities. The idea began with an attempt to capitalize on university "facebooks" which are college websites containing the photos of students.

Zuckerberg hacked several prominent universities' sites, while he was a student at Harvard, in order to create a mean composite of the copyrighted data, know as "Facemash" which cruelly compared women to animals. The site was full of insults that offended many. So much so, Zuckerberg got into trouble at Harvard for this misconduct, but nothing substantial came of it.

Wealthy paternal twins, Cameron and Tyler Winklevoss and their friend, Divya Narendra, read about Zuckerberg's computer abilities, which were exaggerated, as the basis for his coding and scripting work, came from his roommate, Brazilian, Eduardo Saverin.

The Winklevoss' and Narendra, met with Zuckerberg and pitched an idea to him of creating a website called "Harvard Connect" to contain photos, bios, blurbs and basic biographical data of university students. They all communicated by email, which later sunk Zuckerberg in legal proceedings, as it revealed a criminal line of intellectual property theft.

Zuckerberg agreed to design a site based on their idea and concept, also known as a webmaster. However, Zuckerberg later gave them the run around, stole their site idea and concept and used Saverin's computer code to create it.

Mark Zuckerberg and Priscilla Chan

According to the film, Zuckerberg, who asked Saverin to borrow his mathematical code, did not tell him that he had stolen the idea and concept for the website. Zuckerberg had indeed stole Vinklevoss' and Narendra's site, changed the name to "Harvard Connect" and renamed it "TheFacebook."

It wasn't long before Zuckerberg stabbed Saverin in the back as well, cutting him out of Facebook, a site that is based on his algorithm and would not have been able to go online without him or his $28,000 investment.

Eventually, Saverin, Zuckerberg's only friend, sued him over this criminal betrayal, as did the Winklevoss' and Narendra. They all settled, but the Winklevoss' and Narendra, sued Zuckerberg again, for lying about profits.

Another thief and destroyer of other people's wealth, Napster's racketeering founder, the mentally unstable, Shawn Parker, also makes an appearance in this film, played by Justin Timberlake.

In a fair and just judicial system, the Winklevoss' and Narendra would be the major shareholders and CEOs of Facebook and Zuckerberg the webmaster on staff, head of the IT department. However, the justice system is too corrupt and full of bribery to right said wrong and to the government's embarrassment.

"The Social Network" made Zuckerberg look very crazy, mentally ill, weird, detached, devious and arrogant. Make no mistake, this film shows him as a complete and total villain, who has serious mental problems.

Zuckerberg is a criminal. There's no way around it. While watching this film, even my mother, who is usually sympathetic to people stated, "He should be in jail." And she is right. Not only did Zuckerberg brazenly steal other people's place in world history, he robbed them of their money as well.

He committed a laundry list of crimes, such as hacking, copyright infringement, criminal copyright infringement, invasion of privacy, the illegal distribution of digitized images and willful violations of the RICO statutes. That is conduct worthy of at least 30 years in prison.

President Obama (center) Mark Zuckerberg (right)

There is nothing legal about what Zuckerberg did and yet he is free, which says a lot about the government. Zuckerberg even met with fellow Harvard graduate, the President of the United States recently, which says a lot about Obama's attitude on corporate governance and crime.

Even the Harvard dean in the film, Larry Summers, was arrogantly and corruptly dismissive of the criminal conduct, which says a lot, as he was a high ranking U.S. government official (must be something in the water in Washington).

One cannot hold this madness up as the new business model or attempt to shine a light on it as an example of how to do business. The proof is in the pudding, as all this stealing that has been going on in the corporate sector, has all but destroyed the U.S. economy. Millions of people are suffering because of this corrupt business model and America is poorer than ever, due to this illegal redistribution of wealth. That is not success. It is not genuine. It is criminal.

Zuckerberg has the mentality of some in the corporate sector, such as Bernie Madoff, R. Allen Stanford and a number of thieving Hollywood stars and studios, such as Warner Bros., Sony, Madonna, Simon Cowell, Simon Fuller, Jay-Z, Beyonce, Rihanna, Nicolas Cage and Will Smith, to name a few, who believe they are to criminally steal their way into a lavish lifestyle, fame and glory.

They live by the credo of stealing and stepping on others, believing it will make them rich and famous, with no consequences. Never mind it hurts people and nations. It destroys them as well. A nation cannot function in this manner, as it is only a short matter of time before it will implode.

Months ago, on December 8, 2010, the Judiciary Report warned America is heading towards revolts, protests and uprisings and this was before the recent turmoil in nations such as Egypt, Bahrain and Libya this year (December 8, 2010: Ben Bernake Didn't See The Financial Crisis Coming).

America is currently on an unsustainable path, which will lead to mass poverty and complete financial ruin. This is due to the corrupt policies in Washington, allowing the corporate sector to commit any egregious financial and social crime they feel like, with impunity, to the detriment of the nation. This needs to stop. People are not going to continue tolerating it and the government is headed for an unprecedented disaster.