This article is shit. Pure undiluted excrement.
Its actually down to the standard of recent 'I made it all up' Daily Mail efforts.
The author has started from a place where they didn't understand what has happened, padded it out with their own invention, then pressed send.
Can we have a factual retread from some of the remaining El Reg talent rather than the sub standard San Fran element?
Maybe start by looking at how the business ended up in its current ownership and what exactly happened since then.