Spyke

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John Ternus Era at Apple Kicks Off With the Changing of Lake Ontario to 'Lake America'

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Eh, his calculus was likely the following:

  • Trump has in the past threatened economic or financial penalties over minor, and major, disagreements
  • Trump is in his last term, so he likely isn’t concerned with the political, legal, etc. ramifications of his actions
  • Apple, as a company, still manufactures the majority of its product lines outside the US
  • Trump is still trying to use tariffs in the US to manipulate markets and force business actions
  • Either I capitulate and save Apple from potentially billions in fiscal pain and / or years of legal representation to fight said pain, or make this change and avoid all of it
  • The cost of this capitulation is mostly a PR / company image issue + plus dev time to implement the change, versus a very real monetary loss

I don’t agree with his decision, but given the options available I do agree trying to keep the peace with the vindictive, unstable world leader of Apple’s largest market is in their best interest.

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The Pedo Catholic Church Sex Victims to get 800 million

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$615,384.62, but likely low all things considered.

The Catholic Church is worth >= $73 billion USD, so this payout was (rounding up) 1.1% of total wealth. On the road now but I’ll add some more to this comment later today.

Edit: Some edits to the above. Didn’t really account for lawyer fees, so subtracting 33% (low end estimate) I’d get $430,769.23. Still a pretty substantial payout, but them lawyers do be taking a sizable chunk.

Kinda hard to gauge the economic cost of sexual assault, but from some US workplace stats in 2024 it looks like:

  • average loss per workplace injury: $1,120
  • average loss per medically consulted injury: $48,000
  • average loss per death: $1,540,000

Note that deaths include lost future wages too, over a much larger timeframe than non-fatal injuries.

So adolescent sexual assault slots in between medical injuries and deaths, but roughly 9 times as financially devastating as a physical injury. Also somewhat crazy that the original ask by the claimants was $2B, which would have been 70% of a death’s payout per victim.

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