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2/2 predictions confirmed
3 pending · 0 expired
12
companies · 44 data points
he's talking about reality labs and saying every week i see he said we've solved too many problems by adding headcount this is according to an internal memo obtained by the verge um but adding headcount also adds overhead and overhead makes everything slower every week i see documents with a hundred plus editors he wrote to the roughly 18 000 people in reality labs a meeting with 50 plus people that took a month to schedule sometimes there is even a pre-meeting with its own document i believe th
the bells are tolling for Google.
it's christine who calls bob eiger personally and says please come back and eiger says i would love to and the board boots chapek brings back eiger
she blindsides bob chapek in a board meeting with data and numbers that he claims he hadn't even seen where she had to give the board really bad news about how the company was doing under his leadership
chapek then started making some questionable decisions that were heavily scrutinized such as jacking up the price of the parks passes that whole scarlett johansson black widow lawsuit a hugely unpopular reorg and then of course getting in a big huge fight with ronda santus and progressive customers over the don't say gay bill
Don't do it. It's just a, no, I just don't like it. I don't like it. Don't do it.
The layoffs could start as soon as this week and would focus specifically on corporate employees in the devices organization. So Kindle, Alexa, fire stick, the retail division and human resources. That would represent about 3% of its corporate employees. Amazon has 330,000 corporate employees has 1.6 million total global employees. When you include the delivery drivers and the warehouse workers.
it does make me wonder if this is not an opening toward more of a discord like product or a slack or a persistent chat that could exist outside of just comments which would actually be awesome
news that a16z has written its largest single check ever to Adam Newman for his new residential real estate startup Flow not to be confused with his other crypto project Flow carbon
if we ban TikTok, one, we'll be doing it at the behest of Mark Zuckerberg, and I do have a problem with that.
What's a company with a lot of cash and a lot of profitability? Yeah, I mean, this is your Apple quadrant right here.
jameen ball who is just so great from altimeter had a tweet breaking down the current state of the cloud giant so just the question of like who is winning the race to the cloud amazon 79 billion dollar run rate growing 33 percent year over year
aws revenue was up 33 percent year over year to 19.7 billion dollars aws by itself just one of the three-legged stool that is this insane juggernaut is currently on a 79 billion dollar run rate unbelievable just unstoppable
the q2 net loss was two billion dollars last year they made seven billion dollars in profit so they did lose money this quarter but that's okay wait for it
amazon reporting strong earnings the stock was up as much as 12 percent early on friday in fact i think the numbers are not just strong in some cases they are and this is a direct quote from producer nick outright ridiculous
No one talks about that with Microsoft. I think in these moments, that advantage becomes really evident.
Oh, it's the App Store. 100%.
the only person I listen to on this ever is Matt Levine, because he's always just, I mean, and he just is like, look, there's every chance that he will, that Elon Musk will bury everybody in lawsuits and walk away from this thing completely, or maybe pay the billion dollars.
fundamentally, this is not how contracts work. You don't, there is no, you signed and agree, like diligence is the thing that you do before you sign the contract. Once you've signed the contract, it's not legally defensible necessarily to just be like, nah, I don't want to anymore.
no matter what, I think it will have done pretty lasting damage to Twitter, like certainly to morale, certainly to, you know, executives have left certainly to the, the brand itself. There's going to be this ongoing kind of speculation and question about the bot thing. And which has been very consistent on but it's going to linger and and I think it's just gonna, it's likely going to get a lot uglier.
on the one hand there is the letter of the law there's an existing contract it affords no rights to due diligence material impact and material breach is incredibly hard to prove and there's a billion dollar breakup fee and all that is in writing and it's incontrovertible except that on the other hand you have elon musk and who the hell is going to want to sue elon musk why would you do that right it's nothing but downside for twitter so most likely he's going to get what he wants i'm sure it is
this sort of existential uncertainty is probably new what happens if musk comes in and buys this and takes it private and changes everything but certainly the number of identities that twitter has been through remember when it was the arab spring and it was sort of like going to be the savior of freedom and liberty across the room because it was going to sign across the world shining sunlight in every corner and then it was moribund before the 2016 election it was really like on the decline and
because it's elon musk who one of our our noties referred to the other day as like a sovereign state you know he can apply this maximum pressure in public he can move a gigafactory to texas and then all of a sudden have the texas attorney general investigating twitter over a bot problem which i would argue is not among the top priorities for texans
he actually has no legal right to cancel this deal right he has signed a contract and actually the contract probably even says something along the lines of you signed a deal that said you weren't going to do any diligence so you are not in fact entitled to diligence
maybe it's a to get a better deal
twitter is now trading well below the fifty five two five five four twenty whatever amount that he offered
the texas attorney general coincidentally starts investigating twitter over its bot situation so the maximum pressure campaign seems to have worked
elon musk had had been threatening to walk away from the twitter deal saying that twitter's refusal or inability to count its bots was a material what did he say it was material information that could affect the deal price
twitter plans to comply with elon musk's demands for data
Yeah, well, I think it's really interesting, because YouTube for so long has escaped all of this scrutiny, right? And YouTube has been employing an algorithm for engagement that has encouraged really dangerous stunts for years. They've had advertiser boycotts over, you know, advertisers who don't want to be put next to terrorist content. And, and somehow, YouTube has managed to sort of like, walk this line where they take some stuff down. They leave a lot of stuff up. Yeah. They demonetize.
this is what i like about the asking these questions what's helpful and unhelpful is it's uh creating a critical thinking muscle
these were unprecedentedly difficult decisions in the case of Trump insurrection.
I mean, look, I think we're going to get there because eventually it will become widespread enough that it becomes a comfort thing. You have to be a responsible messenger. And that I think consistently is people's criticism of Elon, which is like promise, promise, promise, crash, right? Push, pushing the envelope like you sometimes get punished for that. And we need both technologists and regulators to be honest, right? It's sort of like the pandemic, like, people are going to die in autonomous
I guess I believe this is the family. Now, I mean, guys, this is absurd. Like, luckily, Apple makes a crap ton of money and always has, but they're just a mess. It's just like, and also, why not just say M1234? Would that not have worked?
Either it is Apple finally, you know, giving the right product to its most core group of people, or it's Apple doing what it's done for the last 10 years, which is like occasionally trot out an updated desktop that is really expensive and has an all new form factor from the last one isn't expandable comes a year and a half after they've upgraded their most powerful laptop and still feels like, you know, you got to run Final Cut X on it, or Final Cut 10 or whatever, which is like crappy software.
the Mac Studio is actually a very interesting new desktop... it is aimed at actual creatives, designers, video editors, musicians, the people who have historically made up the Apple brand.
they projected a 10 billion dollar loss of revenue from apple's privacy features and for the first time negative user growth quarter over quarter the stock dropped from 323 dollars a share to 238 dollars a share as of 1 pm eastern on thursday this represents a 220 billion dollar loss in market cap overnight
I mean, honestly, 10 years from now, I would not count out Microsoft, I really wouldn't. I think the HoloLens, I mean, for one thing, it's got a lot of military contracts. So it's just I mean, it's being actively used in military applications right now. And so I think that that is something that that just grows its capabilities, right? Like they get to test it in real world, and it can trickle out to the consumer. And I'm not sure. I mean, to me, it'll come down to what the ecosystems look like.
I would maybe flip it a little bit and say meta and then Microsoft.
I would maybe flip it a little bit and say meta and then Microsoft.
I mean, oceans rise, empires fall, right? The thing, you don't, the thing you fail to understand about companies is that the bigger they get, the more unwieldy they get, the more they get tied to legacy systems, the more they get trapped in a cycle of how do we sell iPhones. Eventually things get so big that they topple over or they get so big that things are uncovered about them that we hate. For example, the, you know, targeted advertising ecosystem. And so that gives someone an opportunity to
the whole blog post about it was all about him and I'm just going to come back and I'm going to be me cuz nobody else can be me and I thought yeah no we're screwed look this is not going introduce change
it's sort of a hope is not a plan to me it feels like neither Biz nor Jack knew what to do next
my whole life rule is don't be a dick and that guy is just a dick