Re:Sam Altman, Greg Brockman and others to join Microsoft
by hef19898 on Monday November 20, 2023 @07:38AM
(#38347120)
The only financial statements I believe are those signed of by external auditors. And even there my trust only goes that far.
Re:Sam Altman, Greg Brockman and others to join Microsoft
by insanitybit on Monday November 20, 2023 @07:49AM
(#38347217)
Pretty sure that it would be illegal for them to tweet insider information like that if it were false, since it's effectively a statement to shareholders.
Re:Sam Altman, Greg Brockman and others to join Microsoft
by hef19898 on Monday November 20, 2023 @07:50AM
(#38347233)
I'll take securities fraud for 420, please, but private.
Re:Sam Altman, Greg Brockman and others to join Microsoft
by insanitybit on Monday November 20, 2023 @07:52AM
(#38347261)
That's exactly the point - by tweeting insider information you are making a public statement. We've learned this very recently...
Re:Sam Altman, Greg Brockman and others to join Microsoft
by hashhar on Monday November 20, 2023 @10:00AM
(#38349212)
Parent meant probably meant that there's no securities fraud since no securities are involved as it's not a traded company.
Re:Sam Altman, Greg Brockman and others to join Microsoft
by insanitybit on Monday November 20, 2023 @01:44PM
(#38352439)
The shareholders are still invested, they still have a 401A Evaluation, and these statements are definitely going to have legal weight.
Sama on X said as of late 2022 they were single digit pennies per query and dropping