Platformonomics TGIF is a weekly roll-up of links, comments on those links, and perhaps a little too much tugging on my favorite threads.
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Hello Cleveland!!!
News
Space (Twitter IPO Index) Jam, Jammed
Sanity unexpectedly prevails. Index inclusion should only happen after all the lock-ups expire.
But onwards to the next IPO pump ploy!
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The Coming Battle for Bed Bath & Beyond
That former Bed Bath & Beyond store probably has great historical significance…
Maybe we put a nuclear power plant there instead?
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Actions Have Consequences: Data Center Resistance Edition,
Good News for Nuclear Power, Bad News for Data Centers, Don’t Be Cleveland or Seattle? The Data Center Resistance, You Can’t Blame Data Centers in Seattle for Our Skyrocketing Electricity Prices, Release the (Electrical) Scapegoat!, The Pain in Maine Stems Mainly from the Insane, The Pain in New England Stems Mainly from the Insane, The Pain in Maine Compounds
Don’t Be Cleveland: Janicki Industries Says “Bye Bob”
Thousands of jobs, $800 million in investment. Another win for Washington Governor Bob Ferguson.
Previous:
A Warning to Seattle: Don’t Become the Next Cleveland, Don’t be Cleveland: At the Very Bottom of the Learning Curve, Don’t be Cleveland: Seattle Hits New Record for Office Vacancies, Don’t be Cleveland: Credit Rating Downgrade for Washington State, Don’t be Cleveland: The Regional Homeless Authority, Don’t be Cleveland: More King Country Fraud, Don’t be Cleveland: Seattle Mayor Says Bye, Don’t be Cleveland: Seattle Mayor Retcons Her Starbucks History, Don’t be Cleveland: Snap Says “Bye Bob”, Don’t be Cleveland: Howard Schultz Says “Bye Bob”, Don’t be Cleveland: Seahawks Edition, Don’t be Cleveland: More Inebriation in Olympia, Don’t be Cleveland: Starbucks Says “Bye Bob”, Don’t be Cleveland: Amazon’s Exit, Don’t be Cleveland: Drunken State Spending, Don’t be Cleveland: Meta, Oracle, and Others Say “Bye Bob” (Ferguson), Don’t be Cleveland: What if the “Budget Emergency” was Spending, not Revenue?
Quick(er) Hits
Hipster/Neo-Brandiesian antitrust is (finally) collapsing:
Antitrust Incoherence: I’m kind of over the whole “Anti-monopoly” movement: The struggle against excessive corporate power needs better standard-bearers (Noahpinion)
Antitrust Incoherence: Meta is Spinning out ‘Supernatural’ a Mere 3 Years After $400M Acquisition. This acquisition was the marquee Biden Administration antitrust suit where they claimed that if this deal was completed, “Meta would be one step closer to its ultimate goal of owning the entire Metaverse”. Congratulations to Meta on realizing that goal, just not in the way Meta or antitrust officials expected.
IBM, AT&T Accused by Whistleblower of Covering Up Breaches: “International Business Machines Corp. and AT&T Inc.’s computer systems were repeatedly breached by foreign hackers, and the companies concealed those intrusions from the US government in violation of the law, according to a lawsuit from a former IBM cybersecurity official.” Shocking, but not surprising.