I prefer presidents who don't hide in catering carts.
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Rich
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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).
TechdirtSpaceX’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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Well this is terrifying. Good for him for fighting back…again.
Christine Langhoffwww.wired.com/story/he-ble...
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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.
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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) 🖤🎪🖤
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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...
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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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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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…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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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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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...
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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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When your "mediators" are cutting their own deals:
FinTwitterPAKISTAN SECURES SAFE PASSAGE FOR LNG SHIPMENT WITH IRAN DEAL
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This aged well.
Carl Quintanilla* BESSENT: RATES PEAKED THE DAY BEFORE WARSH WAS SWORN IN #ClipNSave ✂️
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You have my attention…. youtu.be/gnm4HgIAVmU?...
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Mom says it's my turn to break the ceasefire
ShipwreckAt least six Iranian missiles were fired towards U.S. bases in Jordan.