Oh now this is the best tech news I have heard for awhile…. Is a Mega-Enron situation about to happen to a bunch of the Magnificient Seven?“Like Enron, they’re using special purpose vehicles, or off-balance sheet arrangements such as legally distinct subsidiaries, as a way to make their financial reporting look healthier than it actually is — often a glaring sign that something is deeply amiss behind the scenes.”Also… is this why Apple effectively outsourced its AI, rather than build its own. If so, it could be the smartest tech hedge of the century.https://futurism.com/artificial-intelligence/ai-companies-hide-debt-off-balance-sheet#apple #microsoft #meta #google #alphabet #amazon #oracle #AI #hedge #enron #debt
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