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Supreme Court and Social Media, Cybertruck Troubles, and Guest Matt Mullenweg
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Matt Mullenweg on Automatic's Acquisition of Texts.com and the Importance of Open Source
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- Matt Mullenweg is the CEO of automatic and co-founder of WordPress.
- Automatic has acquired text T-E-X-T-S.com, a desktop app that combines multiple messaging apps into one interface.
- The acquisition expands automatic's portfolio into the messaging space, which is a more competitive area.
- The acquisition aligns with automatic's goal of becoming a comprehensive internet platform.
- Matt Mullenweg believes that speed, focus, and leveraging competitors' weaknesses can help small companies compete against big players.
- Tumblr has a niche audience of primarily young people who appreciate its anonymity and creative community.
- Automatic acquired Tumblr for a de minimis amount after Yahoo previously purchased it for $1.1 billion.
- Matt Mullenweg emphasizes the importance of open source software and the freedom it provides users.
- Open source software allows users to have agency and autonomy in their digital choices.
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