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Seriously, why do CEOs talk like the following in press releases: As the crypto economy continues to become a more important part of our customers’ lives, we w
by chris_wot 5y ago
Seriously, why do CEOs talk like the following in press releases:
As the crypto economy continues to become a more important part of our customers’ lives, we want to empower them to mine cryptocurrency with Norton, a brand they trust,” said Vincent Pilette, CEO of NortonLifeLock. “Norton Crypto is yet another innovative example of how we are expanding our Cyber Safety platform to protect our customers’ ever-evolving digital lives.”
Every time I hear words like "empower" and "innovative" I turn off.
Perhaps that's the goal though? Because I read further and it says one of their risks are:
matters arising out of our completed Audit Committee investigation and the ongoing U.S. Securities and Exchange Commission investigation)
- chris_wot 5y agoHoly crap, it's worse than I thought... Shortly after Greg Clark took the reins in November 2016, Symantec acquired consumer credit protection company LifeLock for $2.3 billion. Combined with the Norton consumer AV business this represented $2.2 billion in annual revenue for the consumer division. [1] So basically, this has gone from consumer credit protection to... Ethereum mining?!? 1. https://www.forbes.com/sites/richardstiennon/2020/03/16/the-demise-of-symantec https://www.forbes.com/sites/richardstiennon/2020/03/16/the-...