This is why I have supported the election (and more recently the re-election) of prosecutors who support reform. I have done it transparently, and I have no intention of stopping. The funds I provide enable sensible reform-minded candidates to receive a hearing from the public. Judging by the results, the public likes what it’s hearing.
Argentina’s central bank delivered an outsize 800 basis-point hike to its benchmark interest rate, the largest in three years, as inflation accelerates amid a growing political crisis. The monetary authority increased its benchmark Leliq rate to 60%, it said in a statement on Thursday. The effective annual rate, which accounts for compounded interest, reached 79.8%.
The Federal Trade Commission today took action against online home buying firm Opendoor Labs Inc., for cheating potential home sellers by tricking them into thinking that they could make more money selling their home to Opendoor than on the open market using the traditional sales process. The FTC alleged that Opendoor pitched potential sellers using misleading and deceptive information, and in reality, most people who sold to Opendoor made thousands of dollars less than they would have made selling their homes using the traditional process. Under a proposed administrative order, Opendoor will have to pay $62 million and stop its deceptive tactics.
There’s an interesting and revealing contrast in the ways that Tesla and Edison, respectively, presented themselves and their power of invention. Both men were adept at self-promotion and took advantage of every opportunity to put themselves and their inventions in the public eye. The inventive selves that each presented to the public were very different ones, nevertheless, and are revealing of the range of ways in which innovators could be imagined at the beginnings of modernity.
One of the coolest patterns in history is something called “the multiple.” It’s this spooky phenomenon where someone invents something or makes a new discovery and then, at roughly the same time, someone else invents the same thing or makes the same discovery independent of the first person. Consider:
— Rothmus ? (@Rothmus) August 1, 2022
It remains to be seen how efficiently the U.S. funds will be spent. The disbursement of tens of billions of dollars in the coming years is likely to raise many questions about how those investments are allocated. And it may touch off more jostling among semiconductor companies that spent more than $20 million on lobbying in the first half of this year alone, according to their disclosures. The 10-year ban on investments in more cutting-edge facilities in China has been particularly controversial, with firms arguing that it would make them less competitive globally and ultimately set the United States back in a race against Chinese competitors.
Quadratic voting (or QV) requires more complex calculations than regular rank choice voting, but with the right interface, it is an intuitive and simple-to-use mechanism. Voting using QV is done in two parts.
Designing a chip is a complex process. First comes laying out there the chip, making sure the design works, then preparing all the files required for the foundry, and when they come back from the fabs there is a lot of work involved in getting the chip debugged and working. It has gotten increasingly easy to do that first bit – designing a chip, but the rest of it is still a fairly laborious process, and the big chip companies think they can help others get through all of that.
The Sixteen Thirty Fund is one of the largest liberal dark-money organizations and poured hundreds of millions of dollars into the 2020 election. America Votes, another dark-money group, received most of its funding from the Sixteen Thirty Fund in the 2020 cycle, according to Politico.
This is so great, and hilarious — perfectly captures the insane absurdity of what we have allowed to happen in the pharmacy sector (through stupid antitrust policies).
— Stacy Mitchell (@stacyfmitchell) August 4, 2022
That is why the media is now recalibrating. That was most evident in the recent statement of New York Times columnist Thomas Friedman that “I know The New York Times felt it didn’t pursue it originally as much as it wanted to; then it followed up, as I recall.” Friedman does not explain what overrode that journalistic interest in the story or why the “follow up” came a year after the election of Joe Biden.
Sources within Apple, a company notoriously shy of making public statements, have briefed media outletswith news of more advertising opportunities for those eager to promote their wares in the App Store.
The bones of a good story, according to Bartell: “It’s an element of my curiosity, the visuals and finding the right character,” he says. “I love oddities. People who do their own thing or have gone through a lot of adversity.” But sometimes, he admits, the story isn’t there right away.
“naturally occurring affordable housing”
— Jeff Potrykus (@jaypo1961) August 6, 2022