A company I started was acquired by a big company. And what became clear to me about two days into the earnout, is you know what they wanted me to do? Fucking nothing. The people who get to make the decisions are focused on their own self-interest,. and their self-interest are linked to the stock price.
The Biden administration tells Tiktok to leave ByteDance or leave the US. Meta's year of Zuck-ficiency continues, with another 10,000 layoffs. Kara and Scott unpack the decision to backstop Silicon Valley Bank, as Credit Suisse deals with its own potential issues. Also, ChatGPT gains the power of sight, and a listener worries about the growth of legalized gambling.
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