Techrights
Pump-and-dump With Chatbots Spun as 'Hey Hi' (AI)
Posted by Roy Schestowitz on Feb 02, 2024,
updated Feb 02, 2024
THIS is an ongoing analysis. Look beyond the promotional headlines and study the underlying data, especially data that can be audited independently.
Let's explore why Microsoft is trying to "pump" the stock while falling deep into debt. Who stands to benefit?
May 2023:
More here. He's marketing person and his gain is someone else's gamble, based on false assumptions of "worth". Months later:
Today (inflating share price by paying people in stock instead of money, in effect 'inventing' a currency):
Pump-and-dump is a manipulative scheme that attempts to boost the price of a stock or security through fake recommendations. These recommendations are based on false, misleading, or greatly exaggerated statements. The perpetrators of a pump-and-dump scheme already have an established position in the company's stock and will sell their positions after the hype has led to a higher share price: Pump-and-Dump: Definition, How the Scheme is Illegal, and Types
Microsoft CMO tells employees the stock price is the ‘most important lever’ to get a pay raise after cashing out on $4.4 million worth of stock this month
Microsoft CMO Chris Capossela is leaving after 32 years, replaced by veteran exec Takeshi Numoto
It's worth noting that stock grants don't cost the company any money, thus making the approach easier to manage. This way, if the company's value increases so does its stock price in the market. Ultimately, this makes the company more valuable and has a positive impact on the CEO's compensation package.
It is also noted, based on leaks from 2023, that some workers at Microsoft get paid an annual salary of just $42,500.
If the numbers don't make any sense, then the simplest explanation is that they are unreal. As we put it earlier this week, "Microsoft Logic: We Fired More Workers Than Any Other Tech Company in 2024 So We're Worth More Than Any Other Company in 2024". █