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VOICE ARCHIVE

Paul McLeod

@pdmcleod
12 posts
2024-08-14
A blow to Elon Musk. When you've got a lawsuit that analysts widely believe is nonsensical you want it heard by Reed O'Connor, the judge who ruled Congress accidentally made Obamacare illegal with a line item that changed a single number.
2024-08-14 View on X
NPR

US District Judge Reed O'Connor recuses himself from X's advertiser lawsuit over an alleged ad boycott; O'Connor held stock in Tesla and Unilever

as to the timeline, it does come “after” the NPR reporting — but the inference that they're related does not seem to be backed up by the facts of today's recusal, as I have detaile...

2024-03-22
Merrick Garland: Apple has maintained its profits not by innovating to stay ahead, but by blocking and degrading the functionality of non-Apple apps, and even its own apps when they interract with non-Apple services. https://www.justice.gov/live
2024-03-22 View on X
The Verge

In its lawsuit, the US DOJ alleges CarPlay lets Apple exert too much control over the auto industry; some analysts say the DOJ may be misunderstanding CarPlay

Buried in the 88-page antitrust lawsuit filed by the US Department of Justice against Apple is a reference to everyone's favorite phone-projection system, CarPlay.

Bottom line: Biden DOJ and 16 state AGs say that Apple “has gone from revolutionizing the smartphone market to stalling its advancement.” They allege its anticompetitive contact violated the Sherman Act, raising prices on consumers and leaving them with a worse experience.
2024-03-22 View on X
The Verge

In its lawsuit, the US DOJ alleges CarPlay lets Apple exert too much control over the auto industry; some analysts say the DOJ may be misunderstanding CarPlay

Buried in the 88-page antitrust lawsuit filed by the US Department of Justice against Apple is a reference to everyone's favorite phone-projection system, CarPlay.

Merrick Garland: Apple has maintained its profits not by innovating to stay ahead, but by blocking and degrading the functionality of non-Apple apps, and even its own apps when they interract with non-Apple services. https://www.justice.gov/live
2024-03-22 View on X
Wall Street Journal

The US DOJ sues Apple, alleging the company blocked its competitors from accessing iPhone features, made switching to non-Apple devices more difficult, and more

In 2010, a top Apple executive emailed Apple's then-CEO about an ad for the new Kindle e-reader. TechCrunch : TechCrunch Minute: Breaking down the Apple iPhone antitrust lawsuit fr...

Bottom line: Biden DOJ and 16 state AGs say that Apple “has gone from revolutionizing the smartphone market to stalling its advancement.” They allege its anticompetitive contact violated the Sherman Act, raising prices on consumers and leaving them with a worse experience.
2024-03-22 View on X
Wall Street Journal

The US DOJ sues Apple, alleging the company blocked its competitors from accessing iPhone features, made switching to non-Apple devices more difficult, and more

In 2010, a top Apple executive emailed Apple's then-CEO about an ad for the new Kindle e-reader. TechCrunch : TechCrunch Minute: Breaking down the Apple iPhone antitrust lawsuit fr...

2023-06-15
Dinnick does at least mention that Google/Meta have dominant control of the digital ad market. He is resigned to this. “None of these trends are changing.” This dropped the *same day* the EU announced it may force Google to break up its adtech stack. https://www.reuters.com/...
2023-06-15 View on X
The Verge

The European Commission issues a preliminary view in its antitrust investigation of Google and suggests the company divest its ad business; Google can now reply

2023-01-11
This story links to the court doc listing FTX creditors. Scanning the list I remain amazed that the Ontario Teachers Pension Plan invested nearly $100 million in this fraudulent company and yet there is no apparent sign of blowback. https://twitter.com/...
2023-01-11 View on X
Bloomberg

Court documents: New England Patriots owner Robert Kraft, NFL star Tom Brady, a Peter Thiel-linked trust, and more own FTX Group stock, now considered worthless

Jeremy Hill / Bloomberg :

This story links to the court doc listing FTX creditors. Scanning the list I remain amazed that the Ontario Teachers Pension Plan invested nearly $100 million in this fraudulent company and yet there is no apparent sign of blowback. https://twitter.com/...
2023-01-11 View on X
Financial Times

Court documents: Sam Bankman-Fried invested $20M in Paradigm's $2.5B Paradigm One fund in late 2021, before the fund then invested in FTX and FTX US

Court documents shed light on Sam Bankman-Fried's circular transactions  —  Sam Bankman-Fried invested $20mn in a large venture capital fund …

2022-12-22
When you look past the day-to-day circus antics of Musk, the story of twitter is just a typical case of a buyer borrowing heavily and then gutting the company/ruining the product in order to service the debt. https://twitter.com/...
2022-12-22 View on X
Financial Times

Elon Musk says he now thinks Twitter will “be okay next year” and would have faced a “negative cash flow situation of $3B a year” without his cost cutting

Hannah Murphy / Financial Times :

2022-12-17
Musk dangling stock at the price he spent months in court trying to get out of paying himself is a real Tom Sawyer convincing kids to paint the fence for him of the digital age. https://twitter.com/...
2022-12-17 View on X
Semafor

Sources: the MD of Elon Musk's family office is seeking new equity investors for Twitter, offering shares of Twitter at $54.20, the same price that Musk paid

The managing director of Elon Musk's family office is seeking new equity investors for Twitter as users revolt, advertisers flee …

2022-11-30
SBF threw his money around DC everywhere in an attempt to buy favor and influence. That he was so spectacularly successful should cause a lot of soul searching. https://twitter.com/...
2022-11-30 View on X
Fortune

In an interview, SBF claims he donated about the same amount to both parties in 2022 but the GOP donations were “dark” money, discusses Alameda, FTT, and more

Sam Bankman-Fried's donations to Democrats are well documented.  In an interview released Tuesday …

2021-03-26
Asked if they “bear some responsibility” for the Jan 6 attack on the Capitol, Mark Zuckerberg of Facebook and Sundar Pichai of Google don't answer. Jack Dorsey of Twitter says yes, but also the wider ecosystem needs to be taken into account.
2021-03-26 View on X
YouTube

Recording of House Energy and Commerce Committee hearing on platform misinformation with Mark Zuckerberg, Sundar Pichai, and Jack Dorsey

The Subcommittee on Communications and Technology and the Subcommittee on Consumer Protection and Commerce of the Committee on Energy and Commerce …