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Radio show date 06-03-2022

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John C Morley (00:08):

Hi everyone. I'm John C Morley, the host of the JMOR TECH TALK SHOW and inspirations for your life.

John C Morley (01:01):

Hi everyone. It is John C Morley, serial entrepreneur here, coming at you this brand-new Friday in the first week of June, June 3rd. I can't believe that we are on the first Friday of June already. Here we are. And we have a great show and a plan for you tonight. Lots of stuff is happening in the media that I want to share with you. You might have noticed that I have a hat on me. The hat has a little QR code and has "believe and achieve" on it. Before you can achieve anything in life, you must first believe, and then you will achieve. And if you can't get there by my QR code, well, simple. Just go to We have a lot to share with you today. Lots going on. The first thing I want to talk to you about is something that happened recently.

John C Morley (01:52):

Well, across the globe, I should say. And it's kind of interesting. India withdraws the warning on the national biometric ID after the online panic. So, they have their type of system over there that over in New Delhi. And they had this scare going on because of everything happening online. And so, they withdrew the warning. I believe it was on May 29th, saying not to share photocopies of the national biometric identity card after the announcement, you know, had caused the widespread, but they call it the Aadhaar card. That's an Aadhaar card, which is a unique number tied to individuals, fingerprints, face, and eye scans. And it aims to block theft and leakage into India's welfare schemes.

John C Morley (02:56):

But critics fear that it could spawn a surveillance state, and that could be a serious problem. So were they right by taking off that warning? I don't know. It's a little bit confusing. You know, the parties have developed this proprietary system so that they could crack down on fraud and things like that. Still, they did caution that it could be misused, unlicensed, private entities, like hotels or film halls, are not permitted to collect or keep copies of the Aadhaar card past the initial release read. But are they doing this? I don't know. And the warning triggered alarms on social media screen grabs and all kinds of stuff. But I do want to read a quote from a tweet that came from near phi. I might have stayed in almost a hundred hotels that kept a copy of my Aadhaar card now this. But the thing is, what he's saying is that it doesn't matter if people have it because you can't just basically take over someone's identity by just using the card.

John C Morley (04:15):

I don't want to give somebody that chance, and we know in the United States that people can very easily clone social security numbers and things like that. So why do we want to make that something that people can do? So, I don't know. I think there's a problem with how it's been devised. Even the Indian Supreme court in 2018 upheld the validity of the Aadhaar card but flagged privacy concerns and arraigned in on a government push to make it mandatory for everything from baking to telecom services. So that means to use the TV, to go shopping, to do anything, you have to have your Aadhaar card. And you're still sending me, John, what the heck is it at Aadhaar card? So really, simply, it is a card. It's a unique identification authority in India, and it's required for verification.

John C Morley (05:15):

And so, they claim it's going to keep people safe. It's a 12-digit random number issued by the UIDAI authority to residents of India after satisfying the verification process laid down by the authority. Any individual not having a bearing on their age or gender who has a resident of India may voluntarily enroll to obtain an Aadhaar number. A person willing to enroll has to provide minimal demographic and biometric information during their enrollment process, which is free of cost. But the thing is, you need this Aadhaar card to do a lot of things in India. So, like getting a TV service or ordering a subscription service, you need it. So, I don't know, and I don't think it's a great thing. I feel that they really can't tell you themselves, you know, what's going on with it.

John C Morley (06:15):

And I think that's for security reasons, but I still feel that it can be compromised. So, I'm going to leave it there for right now. And we'll have to see what happens, but we'll be monitoring this. And I think the Aadhaar card is a piece of PI (personal information) that could link back to you and possibly could fall into the wrong hands. And that could be a serious problem. All right, well, you know, the next car that I was looking to get is a Tesla, but I have to tell you I'm a little on the fence right now after I heard what happened the Transport Canada probing the cause of the Tesla fire in Texas.

John C Morley (07:03):

So, what happened? I mean, we don't know, but something interesting came to my mind, and I do not understand this. I mean, you know, in most cars, when there's no power, you can just get out, not a big deal. Well, on the Tesla, you can't get out. The only way to get out is by several people. They have to smash the window. So, if an error happens during your drive or just while you're happening to be sitting in the car, the thing that concerned me is that there's no safe way to get out of that car in the event of an actual emergency. So, if we're wondering why something happened, and if something happens to people that possibly might take their life, I think we have to first look at if the car is safe. And what happens if something goes wrong?

John C Morley (08:02):

Now, of course, they're doing some type of inspection right now, but I got to tell you, I'm not feeling too comfortable until this report comes out to know what happened. And is this something that was a fluke? Or was there a computer glitch? Or what happened? But a computer glitch shouldn't cause the car to go on fire, nor should you be able to get out of the car if it's safe and you're not traveling. You should be able to stop the car, you should be able to get out, but from drivers that I've been talking to, you can't get out of the car. And so that's a problem, and I'm going to be following that. So, we'll keep our eyes on that. Well, more on Mr. Musk. Musk was sued by the Twitter investors for stock manipulation, quote-unquote, they call it during the takeover bit.

John C Morley (08:59):

That was just unbelievable. So, billionaire Elon Musk was sued by Twitter Inc. Investors claimed that he manipulated the company's stock price down as the chief executive of the electric car maker Tesla mounted a 44 billion takeover bid for the social media platform. The investors said that Musk saved himself 156 million by failing to disclose that he had purchased more than 5% of Twitter by March 14th. They asked to be certified as a class and to be awarded an unspecified amount of punitive damages. Ouch. They also named Twitter as a defendant, arguing the company had an obligation to investigate Musk's conduct, though they are not seeking damages from the firm. That's very interesting. So, the investor said that Musk continued to buy the stock after that and ultimately disclosed in early April that he owned 9.2% of the company, according to the lawsuit filed on Wednesday in San Francisco federal court just about a week ago. By delaying his disclosure of his state in what he held on Twitter, Musk engaged in market manipulation, they said.

John C Morley (10:18):

And bought the Twitter stock at an artificially low price. And that was per the investors led by the Virginia resident William Hornacek. So, neither Musk nor his lawyers immediately responded to the requests for comment, and Twitter declined to comment. Very interesting. So, Tesla shares were trading at around 713 the past week, down from a thousand dollars in early April. So, is this because of the fire that recently happened? or is this because of what happened? Because of this kind of staging, are they going to buy the company? Not buy the company? I don't know. It's very interesting. But did he have the interest to buy the company, or was this just something to degrade the shares? I don't know. Musk had later pledged an additional 6.25 billion in equity financing to fund his bid for Twitter.

John C Morley (11:18):

A sign that he's still working on completing the deal, but is he really working on completing the deal, or is this just to get the board off his back right now? I don't know. I'm not sure I can put my finger on it. And Musk was sued earlier in the month in the Delaware Chancery Court by a Florida pension fund seeking to halt the deal on the basis that some other big Twitter shareholders were supporting the buyout. A violation of Delaware law and hernia ex lawsuit does not seek to stop the takeover. So, I feel like this is becoming more than about business. This is personal, and we're probably not going to know what's going to happen for a little while. Unfortunately, this does seem personal, and let me tell you why I say that because just a few days ago, Elon Musk's ally Egon Durbin requested to resign, and the Twitter board declined it.

John C Morley (12:24):

So, it seems like this is personal. It's not just about Elon, but it's everybody that's under his team. So, it's almost like Twitter's trying to send a message home to say, hey, what are you doing? Like, what's going on? And I feel that's a great big problem. You know, when this guy that wanted to resign from the board couldn't resign, this is a problem. Twitter said, and I quote, "Durban failed to receive the support of a majority of the votes in the reelection held earlier in the week due to voting policies of certain institutional investors regarding board service limitations."

John C Morley (13:12):

And Durban offered to take Twitter private in a $44 billion deal. So, is he working with Elon, or is this a separate deal? I don't know. But one thing is certain whatever they're planning with Twitter, this is not just about money. This is about sending a message to the American people and also to create if you will, a type of control because we all know about the way information, how it was blocked, and they claimed it was freedom of speech and all kinds of stuff. I think we'll later learn that this is a problem, and it's not just about money. This is something even more than money because they want "control."

John C Morley (14:08):

They want control. We'll have to see what's going on there and what they're doing. And in other news, Broadcom recently bought VMware for $61 billion. So that was based on the closing price of the Broadcom stock. Just a few days ago, on May 25th, 2022. And the ship maker Broadcom announced that it agreed to acquire cloud computing company VMware to the tune of 61 billion in a cash and stock deal. This is Broadcom's most significant shift toward diversifying its business into the enterprise software industry. So, it's interesting. So, Broadcom never was really in the software market. Broadcom made a lot of hardware, right? And now it's like, they're doing this to get some leverage, right? And if you're saying to me, John, why the heck is Broadcom acquiring VMware? Well, I could tell you it's because it wants to make a significant impact in the software market.

John C Morley (15:25):

And right now, they're a hardware company. Okay. And I don't know if you know this, but Michael Dell is the VMware board's chairman. That's very interesting. Very interesting. So, I don't know, you know Microsoft going for activism blizzard, and now this, I mean, I think it has something to do with the fact that software right now is where things are, and people are having problems producing all types of chips. Right? So, the question is, I guess it's the real question. Is Broadcom having chip delays for shipments? Do you think they are? Well, yes. Broadcom says that chip orders require six months lead time. So, the chip maker's letter to customers didn't specify which products were experiencing delayed shipments and the normal lead time between them. But I'll have to tell you the reason that they are going so hard on this is for one reason; they're losing money.

John C Morley (16:49):

And so, by them making this very strategic move, they believe they're going to get some more of this pie because the companies that have software have no issue making the delivery. They're just codes, right? But when you've got a piece of hardware, and you need to manufacture chips or get other things from overseas, and you can't produce something, that's crippling you. I mean, that's pretty bad, right? So, I think they did this because they didn't know what was happening. And this was their way of saying, okay, we need to grow. It reminds me of another company I'm sure you know. I won't mention their name. They start with a C and end with O. They acquire companies when they don't have the resources. They acquire companies to try to gain market share. I believe this is what Broadcom is doing. Broadcom wants to be that company that is not just a hardware company, and if they can leverage their sales.

John C Morley (18:01):

So, let's say they take more than 50, 60, or 75% of the software market, and they make their hardware markets smaller. It's not going to hurt their bottom line. And then when ships come back around, they can do what they need to do. They can change licensing models; they can change prices. And do you know right now, if you had to ask me how many users, how many companies, let's just say use VMware, how many companies do you think? Well, if you know that there are more than 400,000 customers, including a hundred percent of fortune 500 and a hundred percent of fortune global, 100 companies that use VMware technologies and services. Wow. That's a lot. So what I bet the next question you're going to say, John, is what is the average sale price of a VMware license? Because I think that's really where it comes down to.

John C Morley (19:02):

So, the most cost-effective virtualization solution from VMware is just under $600 at $576 and 96 cents. And if you had to ask me, what is the most expensive VMware license? Well, the most expensive VMware license is a lot more. The standard remote office is at 3000, but what's the most expensive VMware? Let's just say product, not the license. Let's go for the product. And I think what we're going to see is that VMware itself has a lot of different options. Okay. one of their highest-end products in basic is $4,350 a year. Okay. If you take that to production, you get it would be, you know, $4,494. And that's where a one-year support agreement is. If you do a three-year support agreement, that's $5,968. So, let's take that number.

John C Morley (20:20):

Right. Did I say to you, how many companies use VMware? Right. So, we said there are more than 400,000 customers, right? So, let's just say they all got some kind of a deal. Maybe they don't have the highest product. Maybe they have a smaller product, but let's even assume that they had like maybe they might have had a higher product called the all-in-one solution in production, and that's at $7,600. Let's say they got some kind of discount. One-year support is $5,781. Three years is $7,676. One year with basic support is $5,596. And then if you go to production, $5,781. So, the support is where they make their money. So, let's just presume that I don't know; let's say that they got a good deal. Let's say the average customer is paying right around $6,000. Okay. They're paying $6,000. Okay. Times 400,000. That's quite a bit, over 2.4. 2400 million. So, $2.4 billion is what their current revenue is approximately right now. You see why Broadcom wants to buy that company. Do you know what they could do with that? They could maybe, maybe they might decide to manufacture their chips. Who knows? But I wouldn't be surprised if we started seeing more companies like Broadcom, more companies that are very hardware-based that want to get into the software market because there's no delay on the product, they issue the keys, and it's all profit. I mean, a lot of times, they're issuing VMware licenses that they're installing at somebody's data center. It's not even a cloud license. It's something that they're putting at their center. Like many of these big banks and data centers, they buy VMware, host it at their place, and all they have to do is give them the software and the license, and they get quite a bit of money every year just to support it. So I can easily see why Broadcom is very interested in buying VMware. Does anybody know who the number two competitor to VMware is? Do you know who that is? If we had to say that, the number two competitor, the top competitor for VMware right now, in case you're wondering, basically looks at things like Microsoft, Citrix, Oracle, Soos, virtuoso, and sang for technology. So, let's look at Citrix for a moment. Okay. The highest price for Citrix. Now they do $15 per user. Okay. So how many users does Citrix have? So, they claim they have 400,000 as well. Okay. 400,000 is what they have, but times 15 guys.

John C Morley (24:43):

That's only 6 billion as opposed to 2.4 billion.

John C Morley (24:58):

Interesting. Very interesting. So, I have to see, what's going to go on, ladies and gentlemen, but I know one thing. I know that these companies are not getting involved because they just want to buy a company. They're buying it because they see the stock price. If we're to look at it right now, what is VMware's stock price? And again, this is depending on when it is, but roughly let's just say depending on, you know, when you're watching, because we're obviously on Friday night, but depending on when you're watching it, their price has hovered. It could be 70, 80, and it could be a 120,130 or 140 it's hovering around. Right. What is Citrix's stock price?

John C Morley (25:53):

About a hundred dollars. So, it's around $20 to $35 higher. So, VMware is a lot more regarded for the types of applications. And I think it has a lot more flexibility than Microsoft. It's designed for larger skill applications. This is going to be pretty amazing, but I think we're going to see more companies, gentlemen, that are going to be wondering and that are going to be looking at buying companies. Right?

John C Morley (26:34):

I mean, just think about that for a moment. You were talking about a difference of millions versus 2.4 billion. That's quite a bit, ladies and gentlemen. That is quite a bit. And I have to say to you that maybe you're saying John, it's crazy, but I got to tell you, It's not crazy. It's not crazy because they're looking at the fact that the users for VMware it's only going to go up. It's only going to go up, and as it goes up, they're going to probably try to add more value to it. And I wouldn't be a bit surprised if Broadcom adds some of their optimizations to VMware that give their Broadcom product a higher edge when they get back in the streamline of being able to deliver in a shorter timeframe. Wow. Hey ladies and gentlemen, I'm not sure if you guys know this, but on June 26th, JMOR SHOWS, JMOR TECH TALK, JMOR BOXING, and JMOR REVIEWS celebrate our second birthday.

John C Morley (27:54):

Yes, we are celebrating our second birthday. And you can attend if you guys are in New Jersey. I much sure that any of you guys are in New Jersey, but hopefully, you are. If you're in New Jersey, you can come and sing happy birthday to us. We're hacked. We're having a birthday party at the Oakland public library for all ages, and we are hoping you guys will come out, sing happy birthday to us, and have some cake. So definitely, that'll be a great thing there. And if you're interested in knowing how to get there, well, it's really simple. All you have to do is just go to That's the exact link, but you could just go to, type in Franklin lakes New Jersey, and then happy birthday.

John C Morley (28:48):

And you can get a ticket, by the way, it is free. We're going to have some great fun there. We'll have a live show there, a lot longer show than we normally do. And we'll have people of all different ages. We'll have some delicious cake, some beverages, snacks, and balloons be a lot of fun. So, if you are in Bergen County, Morris County, Essex state county, or just the Northern New Jersey area, definitely go and RSVP, and let us know you're coming. I think it's going to be a blast. And we are excited to celebrate JMOR's second birthday. Thank you, ladies and gentlemen, for watching us, Iheart and Apple, and all the many networks. It's hard to name every single one of them, but I want to thank you all for taking the time. I know when there's a choice for you to watch something and be entertained, but also get information that's going to not only inspire you but going to keep you safe when it comes to technology.

John C Morley (29:44):

I appreciate you guys putting trust in JMOR connection, JMOR TECH TALK, JMOR unboxings, and JMOR reviews. And we're starting to do unboxings of appliances now and a little secret for you. We're going to start getting into some recipes. So that's going to be kind of cool just to add a little more spice to it. So, I want to thank you all for definitely watching today. I hope that you've all enjoyed the show, and I hope you're following what's going on. And I hope everyone, you know, had a great Memorial Day. I hope you're looking forward to a great summer now that our summer is just about here. Hopefully, you guys will be able to go swimming and do lots of great things, but hey, in June, which is coming up right now, just a couple of weeks. So, with us being June 3rd, that means we're coming up in basically one week, two weeks, three weeks, and two days.

John C Morley (30:44):

Yeah, pretty cool. Well, ladies and gentlemen, I'm John C Morley, serial entrepreneur. It's been an amazing privilege, Pleasure, and honor to be with you again on another JMOR TECH TALK SHOW. I will see you at our birthday party. And I will see you next week, which will be June 10th. Is it only if you would like to appear on JMOR TECH TALK SHOW, visit  book 15, 30-minute consult with one of us, and we'll see if you're a match for our show? Remember, we are not a sales show. We're about providing value. I interview authors, celebrities, local business owners' government officials, and local, regional, and national. So, if you're a thought leader, inventor, or just have something you'd like to say that you think would be of value to our audience, reach out to me. We'd love to interview you and see if you'd be a great fit. I look forward to seeing you guys next week. That's right, on June 10th, have yourself a wonderful rest of the weekend. See you soon. Take care.

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