More thing for Spotify is that their users are, more or less, locked in. That stickyness is what allows companies to try this dumb shit; management will hardly feel the impact of their bad choices - cause they are standing on many years of foundations.
It's like when Homer Simpson was carried up the mountain by Sherpas and thought he owned the achievement.
I switched last year and discovered I wasn’t as locked in as I thought.
SongShift moves your library from one app to another super easily. In 20 minutes my whole collection, playlists and all, moved from Spotify to Apple. And it was free.
I encourage everyone who is dreading moving to a better app to try it… it’s pretty easy now.
I’m tempted to try Tidal myself because Apple Music’s recommendations aren’t that great.
I tried tidal for the Lossless (dont care about the 24bit, i care about no EQ and compression added to music) but i went back to spotify for their recommendation model. Its a moat for me.
I don't think lossless gives you anything other than, well, lossless compression. EQ or dynamic range compression don't really have anything to do with it.
I get that it looks bad to have vibe coding bugs creeping into your codebase for such a big company, but isn't it common sense that owning your misstakes taking accountability for them generates respect?
Is this grey cause it's wrong? They are all on Nasdaq; and also around 35% of S&P. What am I missing? Is it that the "Most indexes" part is wrong (cause there are more than a few thousand ETF)?
Nasdaq, Inc. is a company with a stock market ("the NASDAQ") and an index "Nasdaq 100"). They want SpaceX to be listed on their market, because they like having more things on their market for all the usual reasons. They are, apparently, offering to manipulate their index to win the listing.
Accordingly, anything that uses or tracks this particular index (Nasdaq 100), such as the QQQ fund, will potentially have to pay for this manipulation.
Anybody not holding or indexing to the Nasdaq 100 index contents will not particularly care and will not really gain or lose any more money than on an ordinary trading day. In particular, this will have zero effect on stocks that merely trade on the NASDAQ exchange.
Indexing to the Nasdaq 100 is pretty uncommon, outside of QQQ, so most people will not care.
What?! This absolutely affects more than Nasdaq 100 / QQQ.
The index is just a function of the stocks. It only moves if the underlying stocks move. Rebalancing Nasdaq will cause selling in the 100 companies that aren’t SpaceX. And those stocks are held elsewhere too…
The Nasdaq 100 shares 79/100 stocks with the S&P. So if those stocks move (probably down because they’re being sold so SpaceX can get bought) pretty sure that's gonna affect anyone exposed to those companies. Whether that’s directly or through other index ETFs. Many of which have a huge concentration in Mag7 right now, for example.
What you're saying is 100% correct, I fail to see how people are not aware of it.
We're talking about a $1.75 trillion (as per the article) company that is about to enter (a part) of the most important capital market in the world at a distorted price, of course that the market as a whole is going to become distorted, money and capital (and the accompanying money and capital signals) are one of the most "liquid" things in a modern economy (if not the most liquid), once you start putting a wrong price tag on them then those accompanying money and capital signals will for sure start doing their thing, imo that was one of the main lessons we should have taken from what happened back in 2008-2009.
Sorry, a lot of the comments around this have been really badly written and it's been hard to tell what they're actually arguing.
I countered a different argument (which does appear elsewhere in this thread). You are absolutely right that there will be general price distortion from this mess. I disagree that it will be extremely bad, but I do agree that it's a problem and needs attention. It's just been difficult to tell that this is what some comments have meant to discuss, instead of the more basic issues others have been talking about.
In Europe, more and more public transportation is free, or at least very heavily subsidized
The costs are covered by local taxes, to curb on individual vehicle use and reduce congestion. After some hiccups, some cities manage good economies of scale where everybody, including the environment, wins.
As for housing and food, while there the incentive structure is more fragile, at least, we have homeless shelters that are free, and once again, everybody wins: the costs are very low, and cities are far safer and cleaner.
If transportation, housing, and food were paid for by giving private corporations and they demanded to incade our privacy as payment then i would be against that too actually
Technically yes, but it would produce an untrusted remote attestation signature (quote). This is roughly equivalent to using TLS with a self-signed certificate — it’s not trusted by anyone else. TPMs have a signing key that’s endorsed by the TPM vendor’s CA.
I don't know for sure because I don't live in Tampa, but it is generally free (minus the opportunity cost of your time) for these types of tickets, no lawyer or other expense required.
For flipping around a few seconds of video it's ok - but it's only processing (on my machine) like 2fps.
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