How aligning with Trump's new administration lets Meta and X pivot from futile cooperation with the EU and other jurisdictions to confrontation and coercion
Big Tech's embrace of Trump is a sign of its weakness when confronted w determined state action - Brazil/EU. — timely reminder that the state is capable of disciplining capital, and has constantly t...
Sources: Elon Musk and his right-wing allies discussed how to destabilize the UK Labour government and remove PM Keir Starmer, beyond Musk's aggressive X posts
Votes of millions of people don't count. — Fiction threatens to become reality as the equivalents of Dr. Strangelove and James Bond villain Elliot Carver plan world domination. — archive.ph/waCUV ...
Bluesky CEO Jay Graber says it is not “necessarily true” that Bluesky will always be ad-free; ads could be “user intent-driven”, like running in search results
More thoughts on what Bluesky's ultimate business model could look like … Dave Forde / Profectio : Ads ‘Might’ Be Coming to Bluesky, According To CEO Charlesarthur / The Overspill : Start Up No.2349: ...
A look at the proliferation of fake LinkedIn profiles; LinkedIn's transparency report says the company blocked 58M+ accounts in H2 2022, up from 22M in H1
https://www.ft.com/... Tweets: Glenn Gabe / @glenngabe : 58M... That's it? ;) -> A look at fake LinkedIn profiles; LinkedIn's transparency report says it blocked 58M+ accounts in H2 2022, up from 22M ...
Klarna reports a ~$1B net loss in 2022, up 47% YoY, and Q4 revenue up 19% YoY to ~$534M, driven by US GMV rising 71% in 2022, as the BNPL industry struggles
Key performance metrics The information is presented for Klarna Holding AB (publ), if not otherwise stated. Aisha S Gani / Bloomberg : Klarna Narrows Losses as Growing Customer Base Keeps Repaying Fin...
Some US auditors say FTX's collapse has led them to designate crypto clients as “high risk”, resulting in longer audits, higher fees, or dropping clients
Stephen Foley / Financial Times : Tweets: @jaypinho , @mayazi , @ian_fraser , and @bitfinexed Tweets: Jay Pinho / @jaypinho : Reminder: on July 8th @paoloardoino claimed Tether hadn't completed its l...
If crypto continues to integrate into the real economy, cryptocurrency sell-offs could impact ordinary people, especially if there are runs on stablecoins
which is now collapsing Rani Molla / Vox : Is this another tech bubble bursting? Brady Dale / Axios : Terra briefly halts blockchain amid stablecoin uproar Something Interesting : Autopsy and aftermat...