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Tech titans need political power – 10/28/2022 – Mercado

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Tech titans need political power - 10/28/2022 - Mercado

Forget the endless drama, the bots, the twists and turns, the spectacle, the perceived risk to the republic, and everything we hold dear. The most important fact about acquisition of Twitter by Elon Musk it is now magnates are on the loose.

In the old days, when a tech mogul wanted to buy something, he needed a company to do it. Steve Case used AOL buys time Warner. Jeff Bezos bought Whole Foods point a Amazon. Mark Zuckerberg used Facebook buys Instagramabout whatsapp and Oculus, and so on. These were corporate deals made with selfish motives, although they might not have taken place without a well-known and energetic owner.

Musk’s acquisition of Twitter in a $44 billion deal that finally went through on Thursday (27), six months after he closed the deal on it, is something else. This is a man who bought him something that 240 million people around the planet regularly use. While he has other investors as partners, Musk will have absolute control over the fate of the social media platform.

This deal is hard to evaluate, even in an industry built on this type of deal, because it’s a very unusual deal that happened on a whim.

But even by Silicon Valley standards, where billions of dollars of offers are casually presented by scarcely existing companies – and even Musk, who in most cases can be called the richest man on the planet, has $ 44 billion in purse. not exactly a small change.

Buying Twitter is also an absurdly bold move, fueled by the belief that a communications platform that has failed in all its efforts to generate serious profits and that has been embroiled in controversy over restrictions on free speech almost since its inception in 2006. , can be easily corrected by a certain person.

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However, these days it seems that self-confidence is never enough when you have billions of dollars.

Mask state is related to electric vehicle manufacturer Teslawhich he turned into a major tool for changing the way Americans drive, a task that can only be described as extremely difficult.

Washington Post, Time and Congressional Influence on the Shopping List

Musk and Bezos are separately fighting to recreate a space program that was considered too important and too expensive in the 1960s to be run by any entity other than the federal government.

Zuckerberg changed Facebook’s name to Meta and refocused the company on creating a virtual world in which people “will live” from now on.

Peter Thiel, co-founder of online payment service PayPal and one of Facebook’s early investors, has become the largest contributor to this year’s US legislative campaign, pouring tens of millions of dollars into right-wing presidential campaigns. Congress. Two of his former employees are Republican Senate candidates in Ohio and Arizona.

Richard Walker, professor emeritus of economic geography at UC Berkeley and historian of Silicon Valley, sees a shift in the focus of power.

“In this new Gilded Age, we are being beaten by billionaires, not by the corporations that were the face of the 20th century,” he said. “And the tech titans are leading the way.”

Musk, who has dissolved Tesla’s public relations department, did not respond to a message asking for comment.

Rich people have always wanted to own the media, and that tradition has been kept alive by the tech titans. Bezos bought The Washington Post for $250 million. Marc Benioff of Salesforce is the owner of Time magazine. eBay’s Pierre Omidyar built a media empire from the ground up.

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The $44 billion acquisition is only the 10th largest in Silicon Valley.

Mergers and acquisitions have been a feature of Silicon Valley for as long as Silicon Valley has existed. They often fail, especially when the acquisition involves technology that quickly becomes obsolete or has never worked. At least one reputable company Hewlett Packardfollowed this strategy and virtually disappeared.

Data firm Dealogic compiled The New York Times list of the 10 biggest technology transactions since 1995 by value. Musk’s purchase of Twitter ranks 10th on the list, she said. Microsoft’s more than $70 billion acquisition of Activision Blizzard, which is expected to receive only a fraction of the attention that Musk’s business has attracted, despite finishing in second place.

Activision Blizzard is just a video game company. Musk has argued from the start that the Twitter purchase is not a trophy, a joke, or a net worth raising scheme. Instead, he described it in the grandest terms he could.

“Having a trusted and broadly inclusive community platform is critical to the future of civilization,” the entrepreneur said in April after the deal closed. “I don’t care about the economic side at all.”

But he seemed to care a little more when the subsequent downturn in the stock markets made his offer too generous. Analysts have calculated that Twitter is not worth $44 billion, but $30 billion, maybe even less. For several months, Musk tried to get out of the business.

Walker, author of “Paintings of the Lost City: Technology and the Dark Side of Prosperity in the San Francisco Bay Area”, the theme of the future.

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“Without unions, NGOs and local media, the public is full of disinformation”

“The new business tycoons have no counterweight,” he said. “Trade unions, fraternal organizations and local media have lost a lot of support. The general public has been isolated from these positive influences and inundated with misinformation.”

If Musk’s purchase of Twitter means the beginning of something, then, on the other hand, it also means the end. Other social media platforms are under the control of their founders due to the equity structure created for their companies. No one could buy Facebook and take Zuckerberg out of control without his consent, and the same goes for Snap and its main founder, Evan Spiegel.

“What was unique about Twitter was that no one controlled it,” said Richard Greenfield, media analyst at LightShed Partners. “And now one person will own it in full.”

However, Greenfield is hopeful that Musk will improve the site in some way. Which would have consequences.

“If the deal is a huge success,” he said, “other billionaires will try to do the same.”

Translated by Paulo Migliacci

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Video: Gabriela Prioli talks about her new political book Ideologies

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Gabriela Prioli

In Brazilian public debate, the terms are used inconsistently (not to mention that they are misleading). Some of them are sometimes criminalized. For example: “Ideology” has become synonymous with something bad. But what underlies this? To challenge this issue, a lawyer, professor and communicator Gabriela Prioli launches the book “Ideologies”, dedicated to the three most famous macro-currents of thought: liberalism, conservatism and socialism.

Throughout the book, published by Companhia das Letras, Gabriela Prioli uses her experience as a communicator to make the debate on this topic accessible, which, like other complex topics, is divided into several options.

“Part of my job is to present complex topics in a simple way, but without simplifying, without losing the essential, keeping the main thing,” Prioly explains the purpose of the work. “Ideologies” is the author’s second book about politics – in 2021 she released the book “Politics for All”.

The book revisits the main political theories of the aforementioned ideologies. Prioli defines himself as a “facilitator” to bring the public into contact with the ideas and thoughts presented for the first time. “This is an invitation, a challenge, it is important that people look for the source, create their own criticism of this thought,” he reflects.

Gabriela Prioli releases book “Ideologies”

ideologies
Gabriela Prioli. Ed. Company of letters. 242 pages. Price: 59.90 reais.

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Re-elected Rocha remains humble but victorious political articulator | Politics

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Re-elected Rocha remains humble but victorious political articulator |  Politics

By Valdir Costa / Dynamic Rondonia
Published in 03.12.2022 at 10:39

The political campaign that resulted in the re-election of Governor Marcos Rocha (União Brasil) was not the easiest. Despite taking the lead in the first round with 1.83% more votes than runner-up Senator Marcos Rogerio (Poland), with whom he ran in the second round and won, by 4.94% valid votes it was difficult. elections that demanded a lot from Roche and his team.

If in the first round the commitment of the partners (secretaries, former secretaries, re-elected and elected deputies, etc.) was not effective, as it should have been, the joining forces in the second round, including with the chief articulator, Chief of Staff Junior Gonçalves leaves his post, to devote himself fully to the electoral campaign in search of unity, commitment and dedication from all partners.

There is no doubt that Marcos Rogerio was a tough opponent. He is a good tribune, knows how to use what he has best, which is his gift of speech, and performed well in the debates held in the second round of the campaign. Several research institutes have reported that Rogerio will be the new governor of Rondônia from 2023.

Simplicity, humility, a government without scandals and with good projects such as Guberno na Cidade, Porteira Aberta, Crianza Feliz, Mamae Cheguey, Prato Facil, Chow Poeira were fundamental in the Quest Rocha of a new mandate.

The partnership with the Legislative Assembly (Ale) chaired by MP Alex Redano (PRB-Ariquemes) also had a huge impact on Roshi’s victory in the second round. In addition to Redano, parliamentarians (re-elected and elected) from the governor’s support group selflessly and decisively joined the campaign after a furious call to “get on the road” in search of votes.

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To deny that Roshi had problems during his first term would be an ignorance of reality. He faced at least two years of a pandemic that scared the world. Rondônia’s agribusiness-based economic strength has also been critical in ensuring a strong economy and sufficient resources to overcome the hardships caused by an unforeseen event such as covid-19 that brought the planet to a halt and claimed the lives of many people. Rocha has also performed well in the fight against the pandemic.

The reflection of the satisfaction of the majority of voters by Rocha and his team in the fight against covid-19 was already evident in the first round, when the former Minister of Health Fernando Maximo was elected from the party led by the governor of Rondonia, União Brasil with over 85,000 votes, the best of eight re-elected and elected representatives to the Federal House.

The Legislative Assembly elections also highlighted the strength of the Rocha partnership and organization. Five of the 24 re-elected and elected deputies represent União Brasil. There are at least nine more people who can be considered partners for a second term, which will begin on the 1st of next year.

Roche’s re-election was no accident. This is a government without scandals that has had a pandemic with negative consequences around the world, but in doing so, managed to get around the problems that were resolved peacefully. Gaining a new mandate, now that the pandemic is under control and the state is resuming development, including the emergence of the denim industry announced by the governor a few days ago, offering more than 1,000 jobs starting in 2023, will bolster Rondônia’s already balanced economy. , with a 2023 budget of BRL 13 billion.

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The emergence of the denim industry indicates the intention to invest in this segment. It is necessary to produce at least a little of what we produce in abundance and quality, for example, soybeans. The denim factory is the start of a manufacturing process that can provide Marcos Roche and his team with the support they need to run smoothly and efficiently.

It is important to warn that partnership does not mean submission, and therefore good relations between the executive and legislature and the vigilance of the judiciary are necessary.

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Deolan claims that he is rancid from Andre.

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Deolan claims that he is rancid from Andre.

Today at dawn, during the holiday “Farm 2022″ (RecordTV) with the theme Baile da Corte, Deolan admitted that he once and for all rancid Andre.

“I’m rancid with Andre… Now I’m rancid with Andre,” the lawyer said in a conversation with Bia, Morango and Petala.

“These political talk, really… What a disgusting thing,” the blonde continued.

“He continues to rise above us. He gave you a blank! Have mercy on me,” commented Petala, referring to the dynamics recorded yesterday for “Programa do Faro” (RecordTV).

“Wow, the person who cries the least here is me! To say that I am crying is to want to seem real, because I am a fortress for everything they do here, ”said Deolan.

Fake farm: why did Barbara Borges choose the ranch?

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It’s a court ball! Find out everything that happened at the Fazenda 2022 party

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