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Marc Andreessen discussed Elon Musk and the Department of Government Efficiency on Joe Rogan’s podcast.He criticized the “raw administrative power” of independent federal agencies like the SEC, FTC, and CFPB.The investor highlighted Musk’s direct business approach as a model for government accountability.Cut, baby, cut, Marc Andreessen says of Elon Musk’s…
Hello there! We’re a month away from the end of summer, but that’s not stopping Starbucks from breaking out the flannels. Pumpkin Spice Latte season starts today with the rest of the chain’s fall menu.But first, small, medium, or large?If this was forwarded to you, sign up here.The big storyCutting…
By Svea Herbst-Bayliss (Reuters) – Bill Ackman said his new U.S. listed fund, Pershing Square USA, will be dramatically smaller than the $25 billion people initially said he could raise, citing investors’ general nervousness about the structure and how to invest the cash. Ackman told investors this week there will…
Klarna’s CEO seemingly touched a nerve on social media with a post about how the company saved millions by using AI to cut costs and do the marketing work human employees previously did.Sebastian Siemiatkowski tweeted on Tuesday that the fintech firm will save $10 million this year in part because…
Dali, the 984-foot-long cargo ship that collided with the Baltimore Key Bridge, is considered a standard size.Container ships have grown 1,500% in size over the last 50 years.Even though cargo shipping safety has improved, any rare accident could be catastrophic and complicated. Dali — the cargo ship that collided with…
