Wednesday, November 20, 2024

*Anti-Musk: The social media site picking up a lot of X refugees in Australia

 

Vanity Fair: What JD And Usha Vance Learned From Their ‘Tiger Mom’ At Yale Law School


Galle Presents How To Tax The Rich: Options For 2025 And Beyond 



Britain must treat tech giants like nation states, minister warns The Times

*Anti-Musk: The social media site picking up a lot of X refugees in Australia


 Criminals are targeting luxury cheeses.

 

International Tax Implications For Private Equity Investments


CEOs (And Deans) Achieve Peak Performance In Years 10-14


More Young Lawyers Are Entering Big Law With Mental Health Issues. Are Firms Ready To Accommodate Them?


100 Most Powerful People in Business

Fortune: “How do you measure power, exactly? Revenue alone doesn’t define it, nor does seniority. Who is more powerful: the CEO who oversees a $20 billion enterprise? Or the AI genius who leaves that bureaucratic behemoth to found a nimble, paradigm-shifting startup? The farsighted venture capitalist who inks a term sheet to fund said startup? Or the feared short-seller who bets against the aging tech giant and forces out the CEO? The answer varies from day to day. Power is nuanced. It’s hard-won and easily lost. 

It’s never static. What you’ll find on this list: leaders from 40 industries, ranging in age from their 30s to their 90s. You’ll come across very recognizable founders, chief executives of great businesses, disrupters, and innovators. 

What you won’t find: fossilized billionaires who are no longer active in business; nor will you find politicians, regulators, or seconds-in-command. In the end, the people who earned places on the Most Powerful People list share a vital trait: Their words, deeds, and wealth shape what others around them think and do….

#1 Elon Musk may be CEO of Tesla, but his broad vision and engineering intuition have made him a recognized leader across several industries, even if his sometimes callous opinions or the rigid expectations he sets for employees have made him a polarizing figure. This fall, SpaceX—now reportedly valued at $210 billion—performed a historic engineering feat while testing its next-generation rocket Starship. 

, last valued at $8 billion, successfully implanted its brain-computer-interface chip into a human for the first time, enabling a paralyzed man to use a computer mouse with his brain. Some Musk companies have had setbacks, too—whether it be the business struggles of social media site X (formerly known as Twitter), safety issues with Boring Company employees building tunnels in Las Vegas, or federal inquiries into the safety of Tesla’s self-driving software. 

Meanwhile, Musk has been spending increasing amounts of time focused on politics, becoming one of Donald Trump’s most visible—and largest-contributing—supporters.


How To Geek: “Bluesky is a decentralized social media platform heavily inspired by Twitter (now known as X), which should come as no surprise since both platforms were created at least in part by Jack Dorsey. While Bluesky shares Twitter’s tight character limit and clean design language, it differs in its decentralized nature along with its alternative approach to feeds

The other important difference with Bluesky is that it’s not run by Elon Musk. Musk acquired Twitter in 2022, changed its name to X, undermined blue verification checks, integrated the Grok chatbot, failed to stem disinformation, and proceeded to make other questionable moves that combined to tank the brand’s value by almost 80%, according to CNN

Those problems, along with Musk’s ties to President-Elect Trump—the Financial Times reports that Musk has been tagged to lead a department for government efficiency under Trump—have led to an exodus of X users signing up to Bluesky as a replacementAccording to CNN, Bluesky’s user base doubled in 90 days, through the build up to the presidential election, and increased by a further 1 million users since the election itself. 

At 15 million total users, it’s still a small network compared to X, but it could be on its way to reaching critical mass and becoming a well-known replacement.”