2025-01-25
Countdown to a joint acquisition by TruthSocial and the US government. I'm serious as a heart attack, start the countdown. [embedded post]
Wall Street Journal
In email to X staff, Musk says “user growth is stagnant, revenue is unimpressive, and we're barely breaking even”; sources: banks plan to sell their debt in X
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar — Wall Street banks are getting ready …
2024-03-01
lmao we just recorded the Teardown Part 2 episode today, and spent time talking about how worried we were that Tuxedo Labs was acquired by Saber/Embracer. You can't assume safety these days, but I'm a little less worried about the devs of one of my favorite games now.
Bloomberg
Source: Embracer plans to sell its subsidiary Saber Interactive to private investors in a $500M deal, making Saber a privately-owned company with ~3,500 staff
Saber will continue developing Star Wars: Knights of the Old Republic — Swedish gaming company Embracer Group AB will sell …
2020-11-03
Sobbing about how little control you have over your life is what stairwells are for. It's where you go when someone is rage-weeping in the bathroom. https://twitter.com/...
Wall Street Journal
Sources: Quibi mulled options like a freemium model and had 450K subs paying $4.99/mo. when it closed, far less than the 7.4M it targeted for its first year
on content, technology, and financial planning. In the end, their intuition was wrong. And the collapse was swift. Fantastic reconstruction by @BenMullin @Lilliannnn https://www.ws...