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Odrel @lemmy.world
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WordPress.com owner Automattic acquires multi-service messaging app Beeper for $125M

techcrunch.com WordPress.com owner Automattic acquires multi-service messaging app Beeper for $125M | TechCrunch

The deal, which was for $125 million according to sources close to the matter, is Automattic's second acquisition of a cross-platform messaging solution.

WordPress.com owner Automattic acquires multi-service messaging app Beeper for $125M | TechCrunch

cross-posted from: https://lemmy.world/post/14092066

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Business @lemmy.world Odrel @lemmy.world
www.nytimes.com Daniel Kahneman, Who Plumbed the Psychology of Economics, Dies at 90

He helped pioneer a branch of the field that exposed hard-wired mental biases in people’s economic behavior. The work led to a Nobel.

Daniel Kahneman, Who Plumbed the Psychology of Economics, Dies at 90

An economics Nobel, Kahneman never took and economics course but pioneered a psychological approach to the field in collaboration with Amos Tversky. In their research, Kahneman and Tversky showed how the Human mind is apt to engage in numerous fallacies and systematic errors we should be aware of to avoid bias and errors.

An intellectual giant, Kahneman is most well known for his 2011 book Thinking Fast and Slow.

Free access link: https://www.nytimes.com/2024/03/27/business/daniel-kahneman-dead.html?unlocked_article_code=1.gE0.Ju3w.N78WCRKPb8r2&ugrp=c

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Truth Social will start trading on Tuesday. Trump stands to earn a fortune
  • Not sure why you are getting downvoted, there's probably a world where that could happen.

    That being said, the company is currently valued at 9.3B USD for revenue of 3.4m over 9 months and a loss of 49m. That's an insane 2000x revenue multiple for a company with limited growth and an active user base generously estimated at only 5m.

    The upper range of other social media companies is around 10x.

    Edit: the reported revenue was for 9 months so I corrected the multiple from 2700x to "only" 2000x

  • Downtown Portland’s office vacancy rate is highest in the nation, report says
  • Projections from McKinsey Research show demand for office space in 2030 ~13% lower than 2019, with some extreme examples like SF going down by as much as a fifth.

    Knowledge economy firms are increasingly having to earn their employees commute and are doing so by turning their offices into hybrid places with WeWork like amenities and collaborative spaces (in its glory days).

    All of this means tons of lower quality buildings will get dumped on the market as the overall price of office space goes down. We certainly need more conversion projects when feasible but pandemic trends also reduced demand for residential space inside urban cores, so I wonder if the demand for the converted old buildings will even be there.

  • AI weapons scanner backtracks on UK testing claims
  • This is a Theranos level of fake it till you make it: lie about where the product is used, who approves it and how well it works and hope the reality catches up quicker than clients.

    It's pretty clear the technology is not ready for this, and once again regulators and prosecutors won't move a finger to prevent potential harm.

  • What case are you using?
  • I have a home server running in a Fractal Node 304, that thing is still incredible so many years after its release. I got 6 HDDs, 2 SATA SSDs (with room for 2 more) and 2 NVME SSDs in it.

    I'm also looking at cases to make a PC for the living room and I'm considering the NZXT H1, DAN ARH2O, Fractal Ridge and Fractal Terra. Any thoughts?

  • ESG’s Perverse, Narrowly Focused Ethics
  • That article is ludicrous. There are valid criticisms of ESG investment and renewable energy plans but this ain't it.

    If you believe climate change is made up as the author of this article appears to (or pretends to), then obviously using resources to act against it isn't appealing.

    The Daily Caller is not what I would call a reliable source of information for what's happening in Europe, even though it's used as a reference.

    War in Ukraine obviously heavily affects energy prices in Europe even though it's not even mentioned.

    Even when taking climate change completely out of the picture, oil and gas production has already peaked (according to the Internal Energy Agency) and if there's no effort to find alternative sources the poorest populations will obviously be the first ones to be energy deprived. Burying one's head in the sand will not change that.

  • Reddit habit is hard to break.
  • Reddit still has tons of useful content and I'm expecting to be clicking on it or some sort of archive in the future. I won't be active of the platform in any way but there's still value in the content they're now using as leverage.

  • What’s everyone playing this weekend?
  • I was playing Diablo 4 and saw my SO (who doesn't play a lot) looking at my screen and suddenly recoiling when I opened the Paragon boards.

    I thought about it and put together a way to stream my PC to the TV. Result: we've played Minecraft Dungeons local coop for a large part of the weekend and it's been fantastic.

  • Welcome reddit refugees!
  • Thanks! It looks more like a Discourse forum than Reddit. I'll reserve judgment for now but after so many companies took their own platform usage we need something like this more than ever.