It appears that #wework is on the way down, currently #trading at 50 #cents after once being worth $50 #billion #dollars https://www.businessinsider.com/wework-s.. It's probably one of the earlier #startups to #fail in the #startup #bubble . Watch this space more more #startups to #fail !
Apparently #alexjones has #declared #bankruptcy https://www.zerohedge.com/political/alex.. For some reason, he has been #sued for $2 #billion #dollars (so far), more than the #gdp of small Countries! This, for an #opinion . How can they claim they have #experienced this scale of #damages is beyond me. #alexjones didn't actually #shootup a #school - not even the #muderer was #punished this much.
At a time when #alamedaresearch was #valued at near a #billion #us #dollars , they were taking #us #government #ppp #loads in the hundreds of thousands: https://www.zerohedge.com/markets/bankma.. This should have triggered some deeper digging.
Would you look at that, #ev 's are not going to be #tax #exempt from 2025-2026 due to an estimated #tax #shortage of 2.1 #billion #pounds https://www.zerohedge.com/markets/uks-je.. This means that the *only* people that had *any* #benefit from this #tax #exemption are the #rich , #funded by the #poor . Anyway, I still believe that #electric #vehicles in their current form are a #mistake and will not work.
*How on earth* is #alexjones supposed to #pay 1 #billion #dollars ? https://www.bbc.co.uk/news/world-us-cana.. Even the wildest #estimates of his #networth could not account for this. I think he was right to say that he had an #activist #judge working against him. I suspect the #system in general is using this #opportunity to nail him whilst they can, he's already been #banned from every major #platform going.
Whilst I don't particularly like #hungary #supporting #putin , the #eu is showing why you are not free whilst acting under their #superstate https://www.zerohedge.com/geopolitical/e.. You are completely subject to their #political will, with them looking to hold back 7.5 #billion #euros of #money .
Damn, apparently the #uk has tonnes of #billion #dollar #unicorn #startups - not a good thing as #unicorns don't actually exist: https://www.zerohedge.com/markets/uk-has.. These will likely be the first to let go during a #recession as their true #value is #discovered .
#china 's #ccp are trying to use 200 #billion #yuan to #bailout their #property #market and try to get people paying their #mortgage again: https://www.zerohedge.com/markets/china-.. The irony here is that it's not nearly enough, things are far too gone. They don't seem to be even beginning to grasp the true scale of the almighty mess they are currently in.
Oh dear, it appears that #china 's #ccp is now driving straight into a #chinese #recession https://www.zerohedge.com/markets/china-.. I suspect they won't be able to pump enough #money into their #economy to overcome this issue, $230 #billion is a drop in the water for what they really need. Expect some new #tax #initiatives in #china soon...
#goldmansachs are looking to raise $2 #billion #dollars to #buy #celsius ' #crypto #assets according to #coindesk https://www.morningstar.com/news/dow-jon.. This doesn't look good for the #celsius #network - I fully expect this to fall through and this may even be a #strategic #leak to #pump the #stock .
Pretty cool that #yandex have #opensourced a 100 #billion #parameter #model https://github.com/yandex/YaLM-100B That said, you need a #supercomputer to actually run the thing.
Apparently #voyager 1 has started #transmitting #impossible #data with regards to #antenna #position - but still appears to be working somehow: https://hackaday.com/2022/05/21/voyager-.. Seems like this 45 year old #computer is chirping its last chirp at 14.5 #billion #miles away.
Of course #elonmusk #sold $4 #billion #dollars in #tesla #stock - it's #overvalued (something he has said multiple times) and he has to raise the #money to #buy #twitter from *somewhere:* https://www.zerohedge.com/markets/musk-s.. This will likely cause Tesla stocks to #crash though, fun times for #investors !
Interesting #idea to use a #vampire #attack to #clone #twitter and take it over for less than a #billion #dollars https://geohot.github.io//blog/jekyll/up.. Honestly, with the #dwindling #userbase , there might not even be #value in doing this anyway. I think people may be happy to lose #historic #tweets .
Interesting #idea to use a #vampire #attack to #clone #twitter and take it over for less than a #billion #dollars https://geohot.github.io//blog/jekyll/up.. Honestly, with the #dwindling #userbase , there might not even be #value in doing this anyway. I think people may be happy to lose #historic #tweets .