Day: August 16, 2022

Social Silence


This post is by Om Malik from On my Om


Every so often, when I read what passes as news on the internet, I find myself triggered. Whether it is the choice of what to write about, or the news itself, I am gobsmacked by the sheer stupidity that envelopes us.

To be fair, stupidity and poor news judgment have always been with us. In the past, that steamy pile of nonsense stayed confined to tabloids and rags sold at the grocery counters. Social media sadly pushes it all right up our noses. And since gods of engagment reward publications with gifts of attention, even respectable publications don’t hesitate to promote and push the vapid and the hollow.

Such material triggers me. And I often find myself wanting to scream out loud. There is a platform for that — Twitter. And all too often, I draft a tweet and then discard it. It is an old habit carried over to this new world: write a blog post, wait for a few minutes, take a little walk, and think before hitting publish.

Lately, the number of tweets drafted and discarded has been going up. It reflects that I am spending too much time online, and the amount of stupidity in the world has increased. The reality is that this act of self-censoring is a realization that the most challenging part of our post-social reality is to shut up. (Read more...)

Nike CEO John Donahoe | The Next Play


This post is by Greylock Partners from Greymatter


Greylock general partner Reid Hoffman interviews Nike CEO John Donahoe as part of Greylock's Iconversations speaker series. In the interview, Donahoe discusses the iconic sports retailer's digital transformation in recent years; the lessons learned as a four-time CEO; and his “head coach” mentality to leadership. You can read a transcript of this interview here: https://greylock.com/greymatter/the-next-play/

Some reflections on turning 40


This post is by dunkhippo33 from Elizabeth Yin


Last week, I celebrated my 40th birthday with my family (which is pretty amusing since my birthday is in November).

When I think back about the last few decades, a few stories from my professional life come to mind that I thought I would share here.

1) Serendipity and luck trump everything.

Certainly hard work and skills are important, but luck and being at the right place at the right time is so critical.

I wasn’t born into a family of entrepreneurs or even tech. I got into startups, because of a couple of key events that happened to me. One event that got me into startups happened in 1996 growing up in the SF Bay Area during my freshman year of high school. My best friend Jennifer told me one day that her cousin Tony was starting an internet company. And she asked me if I wanted to help him and their startup out over winter break. I didn’t know what a startup was, but I also had nothing major going on during winter break. So, we took the Caltrain up to San Francisco to “help” Tony. When we showed up, the place was honestly a bit of a mess and chaotic. But it was exciting! Tony and his friends were working together on all kinds of projects. They didn’t have to dress up in “grownup-work-clothing”. And they could eat all the pizza they wanted. It was the dream.

I wasn’t any help at all to their company. But (Read more...)

Momentum Monday – Some Green Shoots


This post is by Howard Lindzon from Howard Lindzon


Good morning…

As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out.

I will start by saying there are some ‘green shoots’

A few weeks back on Momentum Monday we talked about the biotech index breaking above the 200-day moving average. They have stuck and started to move higher still. Today it was the Small Cap Index doing the same. the S&P is right there and only the Nasdaq 100 has some more work to do.

Ryan Detrick points out that there are some technicals flashing positive signs…

The fact that people are scoffing at the green shoots and that sentiment is still disdain for stocks, the FED, anyone buying or investing could be another wall of worry that this market will climb.

As always, Ivanhoff and I talk about all this and more in this weeks Momentum Monday. You can watch/listen right here on YouTube. I have also embedded it below on my blog:

The main indexes pulled back earlier last week to their rising 10-day moving average. Then, July CPI readings came a bit below expectations and most stocks just took off. This time, the biggest gainers didn’t come from biotech and software. Last week was all about energy and metals. (Read more...)

Definitely not a cult (except for the child sacrifice part) UPDATED



This just in...

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I was just going to throw this in with the rest in a Tuesday Tweets post, but I decided it needed a post of its own.

 


Rob Stumpf writing for the Drive.

Video of the test was released earlier this week and shows a Tesla Model 3 repeatedly striking a small, stationary dummy directly in front of the car while supposedly operating on Tesla's controversially named Full Self-Driving Beta software. However, clips from the video led some online publications to instead call the test a "smear campaign" under the notion that FSD was not actually engaged, and after further evidence emerged that FSD was engaged during the test, Tesla fans and FSD users began filming their own experiments to see what happened—with mixed results. One noted Tesla devotee even staged a public call for people to volunteer their own children to stand in front of his Tesla and prove it'll stop in time.

So will a self-driving Tesla run over a child? Amid the noise, the answer seems to be a resounding "maybe," which is just as bad as "yes" in this case. Here's where things stand.

To understand why this test is so (Read more...)

Real Journalism Is Dying … and It Might Be Your Fault



Gannett, the nation’s largest newspaper chain and owner of more than 250 regional newspapers announced “dismal” earnings for the past quarter and announced another round of layoffs. In response, people have been proposing a lot of solutions, from allowing journalists to unionize to firing or reducing executive pay. Every time I read a story about the uncertain future of journalism, the issue seems more and more complicated. But what if it isn’t?

Here’s the problem: too many intelligent people act as if quality journalism is free.

If you are a reader of this newsletter, you are a smart person. I know you are the sort of person who already understands the value and importance of real journalists. So here’s a question for you: how much journalism do you actually pay for? Are you a paying subscriber to the newspapers and magazines whose stories you share? Do you have a paid digital subscription to the news sites that you read most often? If not, the harsh truth is that you’re part of this problem and contributing to the demise of journalism. But I know you want to do better. 

The solution is easy. Start paying for the journalism you consume. And no, your streaming platform subscriptions don’t count. That is entertainment, not news.