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Paul Shread boosted

First screenshot, NY Times story from October 14th this month about how Washington Post is losing $100m a year and they’re very happy to have added 4000 subscribers.

Second screenshot, a few weeks later after Jeff Bezos set fire to his own company.


Salvo Micciché boosted

# How many lines of code to show our love for coders?
print("Just one: 🇪🇺 ❤️ 👨‍💻👩‍💻")

On #WorldCodingDay, we celebrate your passion and commitment to code an innovative, open digital society.

We are here to help with:

🔹 The Digital Markets Act, ensuring fair access to essential platform services and promoting interoperability.

🔸 The Digital Services Act, protecting your fundamental rights online.

Europe's new digital rulebook is the source code.

You are the compiler that brings it to life.

#EU

...





Martin Holland boosted

Schwarze Löcher als Quelle Dunkler Energie: Himmelsatlas liefert neue Indizien

Vor einem Jahr sorgte eine radikale Hypothese zur Herkunft der Dunklen Energie für Aufsehen. Nun legen die Verfechter neue Hinweise dafür vor.

https://www.heise.de/news/Schwarze-Loecher-als-Quelle-Dunkler-Energie-Himmelsatlas-liefert-neue-Indizien-9997423.html?wt_mc=sm.red.ho.mastodon.mastodon.md_beitraege.md_beitraege&utm_source=mastodon

#Astronomie #news




Jack Yan (甄爵恩) boosted

To put a billionaire in perspective, it's more interesting to think about the income than the capital. You can get a 5% annual return from some fairly low-risk investments (and you can further reduce risk by spreading your money across a load of these). You can often get higher, but 5% is a fairly good baseline.

If you start with $1bn and do nothing clever, you can get an income of $50 M per year by doing nothing. Even with the kind of 95% tax rate that we had for the highest income levels when The Beatles sang about it, that leaves you with $2.5M/year in income.

That's enough to buy a nice house every year, with no mortgage. It's a disposable income of almost $7K. It's enough to take a first-class transatlantic flight every day.

And that's just one billion.

Even with a 95% tax rate on investment income and a conservative investment strategy, someone with a billion dollars would have a daily disposable income that's more than the monthly income of anyone in the bottom 99% of earners, without having to work.

Now try these calculations again with real tax rates and Musk or Bezos' wealth.