February 2025 - cypherpunks - lists.cpunks.org

HERE'S YOUR CHANCE TO FIGHT CITY HALL
by Gunnar Larson 01 Feb '25

01 Feb '25

Art Director/Designer: Sidney Myers Copywriter: Evan Stark Agency: Doyle Dane Bernbach, Inc. Client: Whirlpool HERE'S YOUR CHANCE TO FIGHT CITY HALL If you have a product you are not happy with, what do you do? Sit and sulk? Moan to your next-door neighbor? Promise yourself that you'll never buy another product from the manufacturer? A lot of good that will do. No, Mr. and Mrs. Consumer, that's not the answer. If you have a gripe, let the manufacturer know. Call him up. Write to him. Keep after him until he does something about it. Because nothing bothers a reputable manufacturer more than dissatisfied customers. We at Whirlpool believe in putting our money where our mouth is. We believe we make the best appliances you can buy. Automatic washers, dryers, refrigerators, air conditioners, dishwashers, etc. And we also believe our Tech-Care Service specialists provide the best service in our field. In addition, we were the first to do away with the complicated standard warranty and replace it with a fully binding, easy-to-understand warranty letter. We were first to provide a free, nation wide telephone number (800-253-1301) for service information. And we were the first to have consultants answer your calls, thereby solving many of your problems right over the phone. But still and all, we know that you can't please all of the people all of the time. That's the reason for the blank letter on the facing page. If you have a gripe about us, we want to know so we can do something about it. Just write your complaint, tear out the page and mail it to us. If you know anything at all about Whirlpool, you know it won't be ignored. By the way, if you have something nice to say about us, we'd like to hear that too. Steve Upton Vice President, Consumer Services Division Whirlpool Corporation

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BREAKING: Court Won't Block Tempur Sealy's $4B Mattress Firm Deal
by Gunnar Larson 01 Feb '25

01 Feb '25

BREAKING: Court Won't Block Tempur Sealy's $4B Mattress Firm Deal <https://www.law360.com/competition/articles/2291743?nl_pk=6e763a2a-9f82-44c…> By Matthew Perlman A Texas federal court on Friday denied the Federal Trade Commission's bid to put a hold on Tempur Sealy International Inc.'s planned $4 billion purchase of Mattress Firm Group Inc. over concerns about rival mattress suppliers' access to the retail chain. Order attached | Read full article » <https://www.law360.com/competition/articles/2291743?nl_pk=6e763a2a-9f82-44c…> | Save to favorites » <https://www.law360.com/competition/articles/2291743?nl_pk=6e763a2a-9f82-44c…>

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Fwd: The Briefing: Zuckerberg-Musk Double Act
by Gunnar Larson 01 Feb '25

01 Feb '25

"On conference calls discussing their respective fourth-quarter earnings reports this week, both Musk and Zuckerberg characterized this year as vital to determining the outcome of these bets." ---------- Forwarded message --------- From: Martin Peers <info(a)theinformation.com> Date: Fri, Jan 31, 2025, 6:29 PM Subject: The Briefing: Zuckerberg-Musk Double Act To: <g(a)xny.io> Is Mark Zuckerberg auditioning for the role of Elon Musk’s Mini-Me? We’re kidding, but it is uncanny how much Zuckerberg seems to be following Musk’s lead lately. In the latest example, The Wall Street Journal reported on Friday that Meta Platforms is considering moving its legal incorporation to Texas, out of Delaware, just as Tesla did last year. ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ [image: The Information logo] <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> Jan 31, 2025 The Briefing By Martin Peers ------------------------------ *Thanks for reading The Briefing, our nightly column where we break down the day’s news. If you like what you see, I encourage you to subscribe to our reporting here <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1Z…>.* ------------------------------ Greetings! Is Mark Zuckerberg auditioning for the role of Elon Musk’s Mini-Me? We’re kidding, but it is uncanny how much Zuckerberg seems to be following Musk’s lead lately. In the latest example, The Wall Street Journal reported <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1Z…> on Friday that Meta Platforms is considering moving its legal incorporation to Texas, out of Delaware, just as Tesla did <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> last year. This follows Zuckerberg’s recent decision to adopt a “community notes” feature for fact-checking within Meta’s apps, as in Musk’s X. Then there’s Zuckerberg’s pullback on DEI, his podcast chatter about “masculine energy,” and Meta’s support of Musk’s challenge to OpenAI’s for-profit conversion <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1Z…>. The days when these two were talking about a cage match seem to be far in the rearview mirror. It may not be a coincidence that, unlike most tech CEOs, the two have unchallenged power at their companies. In keeping with that power, they’re both making giant, risky investments on AI-based products. That’s particularly true for Zuckerberg, who is turning on the money spout this year to make his Meta AI assistant the leader in the industry and make Meta’s Ray-Ban AI glasses an even bigger hit. Musk, for his part, is going all in on self-driving cars at Tesla, hoping to compete with Waymo in robotaxis. (For more that plan, see here <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> ). On conference calls discussing their respective fourth-quarter earnings reports this week, both Musk and Zuckerberg characterized this year as vital to determining the outcome of these bets. Investors so far are backing them to the hilt. If they fall short, expect some fireworks. Missed Opportunities? There’s a reason why very few companies allow reporters to join Wall Street analysts in asking questions on quarterly earnings calls. Unlike reporters, analysts rarely ask tough questions, preferring to zero in on arcane minutiae that help their financial models and ensure they don’t upset company executives. Take this week: None of the Wall Street analysts on Microsoft’s earnings call this week asked CEO Satya Nadella whether President Trump was correct in saying Microsoft was in talks to buy TikTok. Perhaps they thought the subject was too lowbrow? It certainly can’t be because the issue is not important. A purchase could cost tens of billions and eat up eons of management time. Maybe the analysts assumed Nadella wouldn’t want to answer the question, so they obliged him by not asking it. Whatever the reason, investors missed an opportunity to get an answer on an important subject. The Information’s Stories of the Week Start your weekend reading with this colorful feature <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> about the battle between preservationists and environmentalists on the one hand and developers building giant data centers for AI on the other. As Theo Wayt chronicled in the story, they’re waging battle in Virginia, a state that is “at the crossroads of modernity and history.” Elsewhere on the AI front, one of our biggest stories of the week <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> was this scoopy deep dive into how Meta’s AI teams were freaking out about rival AI model DeepSeek’s advances. To figure out how DeepSeek did what it did, Meta’s teams started four war rooms to learn how the model works. Other angles on DeepSeek were here <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…>, here <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…>, here <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> and here <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…>. We also dug into how other Chinese AI startups <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> are doing (not so well). New details about the Stargate AI data center venture emerged this week. We scooped the news <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> that SoftBank will put a total of $40 billion into both Stargate and OpenAI, Stargate’s driving force. Cory Weinberg went deeper on the risks <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> facing SoftBank in making the investment. We also published this Glossary of AI Jargon <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…>, which is a must-read for anyone who isn’t fluent in AI tech speak. And we detailed how data centers <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> are becoming their own power utilities to ensure they have enough electricity to operate. Meanwhile, on the deal front, we broke news <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> that Snowflake is in talks to buy analytics startup Redpanda. And we published this True Value <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> analysis making the case that Seagate Technology and Western Digital may be sleeper AI picks. Finally, this was big tech earnings week, with results coming from Meta, Microsoft, Tesla and others. We followed up on Meta’s results with this report on how <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> it is working with ad agencies to ensure advertisers use its generative AI creative ad tools. And Steve LeVine gave his take on Tesla’s earnings <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> . In Other News - Zyphra, a Palo Alto, Calif., developer of open-source models that users can download to devices like phones or home entertainment devices, is in talks to raise $100 million in Series A funding at a $1 billion valuation, according to a person close to the company. - Meta CEO Mark Zuckerberg told employees Thursday that the company sold more than a million of its Ray-Ban smart glasses in 2024, marking the first time it has disclosed sales figures for the product. - Crypto exchange Kraken said its revenue last year more than doubled to $1.5 billion from $671 million in 2023. - Apple filed an emergency motion Thursday evening seeking to pause the U.S. government’s antitrust case against Google as the iPhone maker appeals a district court judge’s decision to prevent it from intervening (more here <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> ). Recommended Newsletter More than 120,000 readers rely on The Information's Creator Economy newsletter for coverage of the creator startups making waves, big tech companies' social media playbooks, and scoops on the sector's biggest hires. Start receiving the free newsletter here <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> . New From Our Reporters <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> The Big ReadWith Google and Microsoft Moving In, a Battle Over Hallowed Ground Erupts <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> By Theo Wayt <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> ExclusiveMeta Taps Ad Agencies to Help Devise AI Ad Tools <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> By Catherine Perloff <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> What We’re Reading Trump Says Tariffs Are Coming on Computer Chips, Steel <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1U…> ------------------------------ To Combat Shoplifters, Retailers Are Hiring People to Steal <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1R…> Upcoming Events Thursday, February 27 —AI Agenda Live - SF <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> Join us for our first AI event of 2025, AI Agenda Live on February 27 in San Francisco. We’ll bring together the leaders shaping the future of AI to tackle the industry’s most critical questions. Space is limited. Purchase your ticket today. More details <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> Opportunities Group subscriptions <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> Empower your teams to stay ahead of market trends with the most trusted tech journalism. Learn more <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> Brand partnerships <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> Reach The Information’s influential audience with your message. Connect with our team <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> About The Briefing Get smarter about the most important stories in tech, media and finance by following Silicon Valley’s most-read executive newsletter. Read the archives <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> Follow us [image: X] <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> [image: LinkedIn] <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1Y…> [image: Facebook] <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1d…> [image: Threads] <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1c…> [image: Instagram] <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1e…> Sent to g(a)xny.io | Manage your preferences or unsubscribe <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…> | Help <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1Z…> The Information · 251 Rhode Island Street, Suite 107, San Francisco, CA 94103 <#m_8930118929153218970_> <https://url3396.theinformation.com/ls/click?upn=u001.71kYkaWDpGOJSzbGrs4y1T…>

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