• bazingabrain [comrade/them]@hexbear.net
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    9 months ago

    I read a fascinating paper on the financialization of CISCO systems, them completely abandoning R&D to entirely focus on stock buybacks, thus leaving the US without any domestic 5G and internet of things capabilities, which the paper explains, is why the US and its little pet Canada, went ballistic against Huawei. Because theyre basically incapable of competing against Huawei! So their basic reaction is to try and protect domestic industries even though those industries have long stopped making anything. Its a fucking circus.