Nilay Patel
How much do ink refills on the printer truck cost?
This is so silly and I am in love.
Nilay Patel
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Nilay Patel
Reddit CEO Steve Huffman has been taking lessons from Elon Musk’s “violent changes” at Twitter.
In an interview with NBC News Huffman says “my takeaway from Twitter and Elon at Twitter is reaffirming that we can build a really good business in this space at our scale.” More:
“As a company smaller than theirs, sub-$1 billion in revenue, I used to look at Twitter and say, ‘Well, why can’t they break even at 4 or 5 billion in revenue? What about their business do we not understand?’ Because I think we should be able to do that quite handsomely,” he said.
“And then I think one of the non-obvious things that Elon showed is what I was hoping would be true, which is: You can run a company with that many users in the ads business and break even with a lot fewer people,” Huffman said.
“They had to do some pretty violent changes and violent surgery to get there,” he adds. Well then! Buckle up, Redditors.
Nilay Patel
Welcome to the Peacock Theater in Peacock Plaza, please acknowledge Peacock.
The Microsoft Theater and Xbox Plaza in LA are being renamed the Peacock Theater and Peacock Plaza as of July 11, in a “groundbreaking partnership.” Here is a rendering of the new branding on the theater, which Go90 Scale of Doomed Streaming Services enthusiasts might note is located right next door to the Crypto.com Arena. [Businesswire via NBC LA]
Nilay Patel
“The best thing to happen to the Mac gaming market in at least 30 years.”
Github’s Christina Warren (a former tech reporter and notable Friend of The Verge) takes a dive into Apple’s Game Porting Toolkit, which is a translation layer that allows Windows DirectX 12 games to run near-natively on Apple silicon. Tom wrote it up when it was announced, but now people are using it — and there’s a ways to go, but the promise is there.
Nilay Patel
This week’s Decoder on private equity in America really touched a nerve.
I usually get a few emails about every episode of Decoder — I really do read them all! — but the response to this week’s episode with Brenden Ballou on the influence of private equity companies on businesses of all kinds has been fascinating, since it connects a wonky financial idea to real experiences so many people have had at work. There’s a 300+ comments thread at Hacker News about it, even. And here I thought this would just be a wonky passion project of an episode!
Nilay Patel
The Meater smart meat thermometer now supports the iPhone Dynamic Island and Live Activities.
This is why we started this website in 2011. This exact sentence, as tipped by reader Dave Lee. Smoke ‘em if you got ‘em (meats).
Nilay Patel
The Microsoft data center on Wisconsin’s Foxconn site will produce just ‘a few hundred jobs.’
That’s what Microsoft told local leaders in the run-up to the deal. No surprises there — it’s a data center, after all — but a far cry from the 13,000 LCD manufacturing jobs Foxconn promised way back when. There was also this tiny scrap of contrition from Racine County Executive Jonathan Delgrave:
“Do you wish Foxconn wouldn’t have made such big promises?” TMJ4 reporter Ben Jordan asked.
“Yes, I do, but in fairness to Foxconn, certainly a lot of dynamics have changed,” Delagrave responded.
The dynamic that changed was everyone realized Foxconn was always lying, of course. I suppose we’ll find out more in the next book.
‘Reddit has plugged its ears and refuses to listen to anybody but themselves. And I think there’s some very minor concessions that they can make to make people a lot happier.’
Nilay Patel and David Pierce
Author and federal prosecutor Brendan Ballou explains why private equity is buying everything from vet offices to tech conglomerates, how this system is broken, and what can be done to fix it.
Nilay Patel
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