2025-01-21
The EO establishing DOGE is bizarre. It's simply a rebrand of the already existing US Digital Service and has nothing to do with cutting the federal workforce. It's entirely about IT modernization with the obvious purpose of handing out contracts to Big Tech. [image]
TechCrunch
Trump signs an EO renaming the US Digital Service as the US DOGE Service, directing agency heads to form “DOGE Teams” of at least four employees within 30 days
The Department of Government Efficiency (DOGE), an advisory commission spearheaded by billionaire Elon Musk recommending deep cuts …
2024-07-16
Not saying this is the reason the US came down so hard on Kaspersky, but it is interesting that Kasperky engineers' diligence in tracking down and revealing Stuxnet is the reason we know about US and Israel's massive cyber-war operation.
ZERO DAY
Kaspersky plans to close its US business and eliminate US-based positions, following the country's ban on the sale of its antivirus tool starting July 20
offices to close by July 20 Sean Lyngaas / CNN : Russian cyber firm Kaspersky to shut down US operations after ban Cynthia B Brumfield / Metacurity : Kaspersky Decamps the US Follo...
2023-03-13
The “systemic risk” of SVB as I see it is this: VCs were requiring startups to bank with SVB, so if companies were to lose their deposits (over $250k), they'd have pretty legit causes of action against those VCs. Bailing out SVB means protecting VCs from death by 1,000 lawsuits.
U.S. Department of the Treasury
The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13
WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …
The “systemic risk” of SVB as I see it is this: VCs were requiring startups to bank with SVB, so if companies were to lose their deposits (over $250k), they'd have pretty legit causes of action against those VCs. Bailing out SVB means protecting VCs from death by 1,000 lawsuits.
Financial Times
Having perfected the art of using hype to move markets, VCs managed to hype their own rumors to collapse SVB, accidentally slaying a much loved accomplice
After more than a decade of venture capitalists insisting they provide more than just cash to their portfolio companies, the moment to prove that finally arrived.
2022-04-26
In 2011, Elon Musk attended the annual “Billionaires' Dinner” hosted by Edge, an organization funded almost entirely by Jeffrey Epstein. Also attending the dinner: Epstein himself. https://www.edge.org/... https://twitter.com/...
CNBC
Twitter agrees to be acquired “by an entity wholly owned by Elon Musk” for $54.20 per share in cash; the ~$44B deal requires shareholder and regulatory approval
- Twitter's board accepted billionaire Elon Musk's offer to buy the social media company and take it private, the company confirmed.