Category Archives: Blog

Jim Simons’ RenTech fund virtually eliminated its $500 million Tesla stake last quarter – and slashed its Twitter bet by 90%

Jim Simons. The Abel Prize/YouTube Renaissance Technologies eviscerated its Tesla and Twitter stakes last quarter. RenTech sold almost all of its shares in Elon Musk’s automaker, cutting its stake to below $400,000. Jim Simons’ quant fund also slashed the value of its Twitter bet from around $94 million to below $11 million. Renaissance Technologies sold…

Elon Musk got a team to trawl Twitter’s internal chat platform and create a list of insubordinate employees, resulting in some firings, report says

Experts say Musk’s teflon-like ability to evade repercussions is due to a complex interplay of exceptionalism, a fierce cult-like fandom, and a culture of “billionaire worship.” Getty Images Elon Musk ordered his Twitter team to make a list of insubordinate staff, the New York Times reports. The team scanned Twitter’s internal chat platform and employees’…

Don Jr. missed Trump’s 2024 campaign launch because he was hunting and couldn’t get a flight, report says

Donald Trump Jr. and former President Donald Trump in Hollywood, Florida, on September 11, 2021. Douglas P. DeFelice/Getty Images Former President Donald Trump launched his 2024 bid at Mar-a-Lago on Tuesday night. His eldest son, Donald Trump Jr., was notably absent despite being a major supporter. He planned to come from a hunting trip, but…

Poland says missile strike near Ukraine border was likely an accident caused by misfiring Ukrainian air defense

A view shows damages after an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, in this image obtained from social media by Reuters released on November 15, 2022. REUTERS On Tuesday missiles struck Poland, a NATO member, prompting reports blaming Russia. Poland’s president said Wednesday the missile appeared to have…

Elon Musk gives employees two days to commit to ‘hardcore’ Twitter or lose their jobs

Twitter might lose even more employees following the mass layoffs that halved its workforce and shortly after the company fired engineers who publicly called out its new owner. According to The Washington Post, Elon Musk gave remaining staff members an ultimatum and asked them to commit to an “extremely hardcore” Twitter going forward. “If you…

Upgrade your vocals with these discounts on awesome Shure microphones

Two of our favourite Shure microphones are already discounted before the Black Friday sales begin in earnest. You usually need to pay a premium for Shure microphones and for good reason. The Shure SM7B has been a flagship and solid favourite among musicians, performers and more for years. It’s studio-grade and delivers incredible sound with…