www.businessinsider.com

The Supreme Court ruled Biden's student-loan forgiveness is illegal, meaning borrowers will resume payments without debt cancellation this year.

0
0
www.vox.com

Clarence Thomas’s majority opinion ensures that innocent people will spend years behind bars.

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www.theguardian.com

Foundation for Government Accountability, backed by Richard Uihlein, exerting influence in Ohio, Missouri, South Dakota and Arkansas

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2
jacobin.com

During an official state visit, the Indian prime minister Narendra Modi has been feted and praised despite his Hindu nationalism and right-wing policies — even by Democrats.

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www.cnn.com

Special counsel Jack Smith has compelled at least two Republican fake electors to testify to a federal grand jury in Washington in recent weeks by giving them limited immunity, part of a current push by federal prosecutors to swiftly nail down evidence in the sprawling criminal investigation into efforts to overturn the 2020 election.

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0
www.independent.co.uk

Failed gubernatoiral candidate’s campaign team denies the accusation

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0
www.eenews.net

State lawmakers passed nearly 20 laws this year that target ESG investing, a strategy that takes into account risks such as climate change.

5
1
boebert.house.gov

Joe Biden’s unconstitutional dereliction of his Article II duty to take care that the laws be faithfully executed warrants impeachment. He has willfully created a border crisis that has enabled the horrific trafficking of children. As a mother, it breaks my heart to watch Joe Biden turn a blind eye to victims of child sex trafficking. Biden’s Border Crisis has allowed millions of illegal aliens to pour into our country, threatened our national security, and killed more than 100,000 Americans from fentanyl—including more than 1,800 Coloradans. I am pleased that House leadership worked with me on my impeachment bill to protect our constitutional republic. As demonstrated in this victory, I will continue to use every available procedural tool to hold Joe Biden accountable and advance impeachment proceedings.

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www.businessinsider.com

Scott and DeSantis have a notably frosty relationship, but a presidential run would also pit the Trump ally against the former president.

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newrepublic.com

A new manifesto by the nonprofit American Compass capably identifies the problems facing the working class but stumbles on the solutions—especially labor unions.

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www.nbcnews.com

The Colorado Republican is using a procedural tactic that requires the House to hold a floor vote on the resolution.

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www.axios.com

Right-wing lawmakers are proving increasingly willing to force potentially divisive votes.

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www.newsweek.com

Trump accused the Justice Department of a "scam" for its plea deal with President Joe Biden's son.

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3
www.theguardian.com

Nations go to war over the ideologies, religions, racism, social classes or economic policies. Trump represents nothing other than his own grievance

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5
www.newsweek.com

The former president appeared to trip up when told his policy on drug dealers would mean putting to death a woman he pardoned in 2020.

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0
www.theguardian.com

Conservatives say liberals want to kill talk radio. But there’s plenty else on the AM dial – much of it essential

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www.theguardian.com

Far from being persecuted, Trump has been handled with vastly more deference than anyone else would be

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nypost.com

Secretary of State Antony Blinken on Monday said the US “does not support Taiwan independence” after a meeting with Beijing officials including Chinese President Xi Jinping.

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Anyone's Thoughts on this take concerning the tech bubble I found on an internet fourm?
  • SeeStars SeeStars Now 100%

    "I think we're seeing the beginning of the tech bubble bursting again.

    You've got the successful companies that provide a case study in tech industry profitability(Google, Amazon, Apple, etc.) which is why you've got all these venture capital firms plowing so much money into startups, left and right, because they expect that one of them will be the next Google or Amazon. Now that low interest rates have gone bye-bye, the VC firms are demanding that these startups start showing a profit. However, almost all of these startups have one of the following problems:

    1.) They were never profitable and can never be profitable because the fundamental concept of what they do is thoroughly flawed
    2.) The service or good they provide could be profitable, but due to being formed during a time of easy money, their current business model is incapable of being profitable, and they are too over leveraged to be able to restructure themselves into a more profitable setup
    3.) They are perfectly sustainable/profitable, but their financiers expect far more return on investment than they are capable of providing

    The result is the trend of "enshittification" as VC investors force unwanted changes onto these startups in the hopes of increasing revenue. This is stuff like locking previously free features behind a paywall, clogging everything with ads, cutting costs somewhere (payrolls, server space, etc) that negatively affects the user experience, raising prices, or needlessly bolting on something that nobody asked for because it's one of the only things that VC firms might still blindly throwing money at(AI).

    Even the actually profitable companies are doing this shit because they are just addicted to the ridiculous growth they've enjoyed in the past."

    The take itself.

    5
  • SeeStars Now
    44 4

    SeeStars

    SeeStars@ kbin.social