Reading List
The most recent articles from a list of feeds I subscribe to.
Trump’s gas prices problem
Snap shares climbed 14% on Tuesday after activist investor Irenic suggested changes to boost the stock's value 7x, such as cutting staff by 21% and ending Specs (Lola Murti/CNBC)
Lola Murti / CNBC:
Snap shares climbed 14% on Tuesday after activist investor Irenic suggested changes to boost the stock's value 7x, such as cutting staff by 21% and ending Specs — Shares of Snap climbed 14% Tuesday after shareholder Irenic Capital Management sent a letter to CEO Evan Spiegel outlining changes …
Yupp, which raised a $33M seed led by a16z crypto in 2024 for a crowdsourced AI model picker, shuts down, saying it didn't reach strong product-market fit (Julie Bort/TechCrunch)
Julie Bort / TechCrunch:
Yupp, which raised a $33M seed led by a16z crypto in 2024 for a crowdsourced AI model picker, shuts down, saying it didn't reach strong product-market fit — Sometimes an apparently good idea, a big raise from a big-name VC, and a sea of well-connected angel investors is not enough.
How to get the Chillfallen Sword in Crimson Desert
Microsoft stock plunged 23% in Q1, a steeper drop than any of its tech peers or the Nasdaq, and its steepest quarterly drop since the 2008 financial crisis (Jordan Novet/CNBC)
Jordan Novet / CNBC:
Microsoft stock plunged 23% in Q1, a steeper drop than any of its tech peers or the Nasdaq, and its steepest quarterly drop since the 2008 financial crisis — Microsoft just closed out its worst quarter on Wall Street since the 2008 financial crisis, as investors soured on the software giant's prospects in artificial intelligence.