The US and China agree to a deal to lower tariffs for the next 90 days, a sign of easing tensions; the US plans to cut tariffs on Chinese goods from 145% to 30%
it's a mirage. We need real trade policies that lift up our communities, not tear them down. — www.nytimes.com/2025/05/12/b... Lindsay Beyerstein / @beyerstein : Trump removes gun from own head for...
Meta's Reality Labs unit generated $1B+ in Q4 revenue but saw a record $4.65B operating loss; the metaverse division has now lost $42B+ since the end of 2020
Meta's Reality Labs hit $1 billion in revenue for the first time Dean Takahashi / VentureBeat : Meta Reality Labs loses $4.65B in Q4 Threads: Benedict Evans / @benedictevans : Best quarter ever for Me...
WeMeta: the median price per square meter of land in Decentraland has dropped from ~$45 in 2022 to $5 in 2023, as the hype around the metaverse has receded
but Lyft's New CEO Has It Worse Mastodon: Mike Elgan / @MikeElgan@mastodon.social : Word of the moment: “meh-taverse” — https://www.wsj.com/... Matt Navarra / @mattnavarra@mastodonapp.uk : The Metav...
SVB's implosion leads to finger-pointing and factionalism, as crypto advocates blame centralized banking and investors argue crypto collapses led to the crisis
Silicon Valley Bank's Collapse Sparks Finger-Pointing and Concerns of Contagion Mastodon: Jeff Horwitz / @Jhorwitzz@mastodon.online : Could be my small network, but this platform seems to be doing a l...
How startup founders are reacting to Silicon Valley Bank's collapse, as some worry about frozen funds, operating expenses, and paying employees full salaries
'The Silicon Valley Bank (SVB), a leading lender to startups and venture capitalists … Bloomberg : Khosla Ventures Tells Some Startups Firm Will Cover Payroll South China Morning Post : China joint ve...
“Welcome to hell, Elon”: Musk won't be able to grow Twitter users and revenue without enormous compromises and realizing that content moderation is the product
Now It's Elon Musk's Turn Benj Edwards / Ars Technica : How to download a backup copy of your Twitter data (or deactivate your account) Peter Kafka / Vox : The Big Tech boom is over and Wall Street kn...
Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021
what this means Robert Reich / The Guardian : The Crypto Crash: all Ponzi schemes topple eventually Hudson Lockett / Financial Times : Celsius warns it will ‘take time’ to stabilise as bitcoin hovers ...
Elon Musk says a Twitter deal at a lower price wouldn't be “out of the question”, speaking to a Miami tech conference crowd
tweeting, flirting with buying it, owning libs, etc. But it's a waste of your talents and time. And it's unfair to Twitter employees. What you have done with SpaceX, Tesla, etc., is so inspiring and i...
Digital assets like NFTs give us a glimpse into a future where every aspect of human life that can be digitally recorded is collateralized and securitized
Twitter has begun allowing its users to showcase NFTs, or non-fungible tokens, as profile pictures on their accounts. Tweets: @hblodget , @ruchowdh , @mayazi , @savvylindz , @rheaplex , @moonalice , @...
[Thread] Why Clubhouse will fail: most of the content is “meh” and users will struggle to find interesting live content, leading to low user retention
So... everyone seems to think clubhouse is the “next big thing” - but I think it's going to fail. Here's how I think it all goes down.. Tweets: @shaanvp , @marcelweiss , @serrels , @katzish , @sruhle ...