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Профиль

Rich

Профиль Vively
⟳ Репост от Rich

I prefer presidents who don't hide in catering carts.

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⟳ Репост от Rich

When Elon took over Twitter he told investors he'd triple ad revenue within 5 years. It's now been almost four years... and he's wiped out 2/3rds of the ad revenue (basically revealed in footnotes to SpaceX's earnings).

Techdirt

SpaceX’s Earnings Show Elon Wiped Out Two-Thirds Of Twitter’s Ad Business When SpaceX filed for its IPO, we went through the S-1 to point out just how far off the mark Elon Musk's... https://www.techdirt.com/2026/08/10/spacexs-earnings-show-elon-wiped-out-two-thirds-of-twitters-ad-business/

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⟳ Репост от Rich

Big Tech should have either kept calling them server farms (agricultural, quaint) or started calling them supercomputing facilities (futuristic, exciting). Data centers (whose data? why is it centralized by you?) was the worst possible choice.

1225724
⟳ Репост от Rich

The Night Circus turns 15 this year, somehow, and the US paperback from Vintage Books is getting a gorgeous new look for the occasion. Cover design by Madeline Partner with art by the incomparable @alexeckmanlawn.bsky.social (who also did the art for the US paperback of The Starless Sea) 🖤🎪🖤

1223136
⟳ Репост от Rich

Well, I read the GAO's report on DOGE cost savings claims, and wrote a (very brief) bit about it so you don't have to... www.cnbc.com/2026/08/06/d...

GAO finds Elon Musk's DOGE inflated claims of $110 billion in savings for federal governmentThe nonpartisan watchdog found Elon Musk's DOGE didn't cut as much federal spending as it claimed and that it fell far short of its promised $2 trillion.www.cnbc.com
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⟳ Репост от Rich

Page One in Austin:

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⟳ Репост от Rich

Seeing some of the $SPCX capex promises for 2027 last night, I think this only ends if markets/investors take the money away.

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⟳ Репост от Rich

16h ago was a wild hour

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⟳ Репост от Rich

If you’re a Gondorian soldier your experience with hobbits is a tiny guy shows up with a wizard and is immediately taken in the Steward’s counsel. He saves Faramir when the Steward goes mad. A second tiny guy arrives with the Rohirrim and kills the Witch King. The first one then goes on campaign …

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⟳ Репост от Rich

…where he slays a troll. A giant eagle then brings two more tiny guys, who as far as you can tell personally defeated the Dark Lord. All four on on nickname-basis with the long-prophesied king who arrived around the same time as the first one

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⟳ Репост от Rich

Interesting idea to pick someone who really wanted to be Fed Chair but had no interest in economic forecasting or monetary policy.

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⟳ Репост от Rich

Holy crap. This would be huge. And I can only imagine the other members of the FOMC are *pissed www.nytimes.com/2026/07/31/b...

Warsh Considers Reducing Frequency of Fed Policy Meetings (Gift Article)The Federal Reserve has met at least eight times a year for decades. Reducing the number of meetings would represent the biggest change by Kevin M. Warsh since he became chairman.www.nytimes.com
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⟳ Репост от Rich

I think what we’re learning is that the level of power and control a Fed Chair has is a function of how much markets and other key officials trust them. When former Fed officials are trashing you on the record you’re not really in control.

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⟳ Репост от Rich

Freakin Gemini showing up in my Google Docs this morning

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