Wiley buys Hindawi -- a $298 million acquisition for GBP 25 million in annual APC revenues -- in bid to expand open-access platforms @pbasken
Does publishing platform Phenom get rolled into Atypon at some stage? > \u201cThe US-based academic publisher Wiley has agreed to acquire London-based Hindawi in what it described as a push to improve its delivery of open-access options.\u201d https://t.co/J3TQpgu809 pic.twitter.com/ZoLydLjMYj— lorcan dempsey (@lorcanD) January 5, 2021
This is a perfect example of the "ecosystem shrink" that I'm concerned about during and post-Plan S. Obvs there are loads of business reasons beyond eliminating another pure-OA stand-alone publisher but the risk remains: How many will there be in 2 years? #AnotherOneBitesTheDust https://t.co/DaLpe3AY8F— Sara Rouhi (@RouhiRoo) January 5, 2021
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Get a cup of coffee.
In this thread, we'll cover *State Quantities* and *Flow Quantities*.
This mental model can help us analyze many different entities -- from complex engineering systems to publicly traded companies.
A "State Quantity" is something that's associated with a *specific point in time*.
For example, the number of followers a Twitter account has is a state quantity. This number can go up and down over time. But at any one *specific* time point, it's fixed.
Similarly, the amount of cash a company has is a state quantity.
This cash balance can also rise and fall over time.
But pick any one *specific* time point -- and the company can only have one *specific* cash balance at that time point.
By contrast, a "Flow Quantity" is something that's associated with a time *interval* rather than a time *point*.
For example, the number of followers gained by a Twitter account is a flow quantity. It's meaningful only when we specify a time interval (eg, the last 30 days).
A simple analogy is that a State Quantity is like a photo -- a snapshot at a particular *point* in time.
But a Flow Quantity is like a video -- a record of events that take place during a particular time *interval*.
What is the catch here? How do Companies involved make money here?
Please "RT" if you like the thread.
1/ You are looking for a mobile phone worth Rs.10,000 on Amazon and as you move ahead to place the order, you are offered an option to pay that amount spread across 6 months. 6 EMIs of Rs.1667. No interest charges or processing fees.
2/ The next thought you have is - ‘obviously there is some catch here’. Why would someone give me an option to pay over 6 months? That too without any fees/charges!?
The catch is - it is more to do with marketing and sales than finance.
3/ There are 3 entities involved in this transaction. The platform (Amazon), Mobile Brand (Samsung), and the finance company (Bajaj Finance).
4/ Imagine you are a student who just got an internship with a stipend of Rs.5000. Shelling out Rs.10000 may not be possible for you. But if you have to pay Rs.1667 a month for 6 months, you feel like you have got a deal! Samsung gets to sell more. Amazon gets more commission.
Stephen Harper invested in prisons. Corruption, collusion and bid rigging involved Richard Bird of Enbridge. He owns Bird Construction Inc. He builds court houses, prisons, opp and RCMP detachments.
Enbridge has been fiscally donating to police for a long time.
Police and fire department as first responders have judicial power to decide when to call the MNR spills action centre when accidents happen. I know this from a spill I witnessed in the Humber River. Police and oil are too close and conflicts exist.
The Ontario Ministry of the Environment’s failure to charge Imperial Oil signals that “the minister’s promise to police industry and enforce existing environmental laws is an empty one.” - @ecojustice_ca scientist Elaine MacDonald https://t.co/p2qBSrSlLl #onpoli
There you'll find links to all my podcasts, the TTMYGH newsletter, and other exciting future projects.
2/ In 2020, I reignited my passion for interviewing brilliant people by launching The Grant Williams Podcast in various forms, including The End Game, The Super Terrific Happy Hour, and The Narrative Game.
3/ Starting February 1, I'm taking the bold step of moving these podcasts completely behind a paywall.
For the very affordable price of only $10 a month, listeners can gain access to the Copper Tier of https://t.co/fxUfH8maI4, which includes all current & future podcasts.
4/ Why am I doing this? First and foremost, I aspire to create VALUABLE content. By definition, if something is priced at $0, it isn’t valuable. The time, effort and creativity that goes into these episodes is substantial. To keep doing them properly, they can no longer be free.
5/ I also strongly believe content creators should be able to make a living creating content. If everything is free, that’s not possible. I never seriously considered accepting outside sponsors – complete integrity is too critical to me.
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Here is why 👇
Startups fixed the problem of innovation, that corporations lack.
In big, slow corporations, innovation is a RISK and distraction from the core $$$ profitable business.
Agile startups could launch, iterate fast and eventually stumble upon new growing market opportunities.
When a startup reaches product-market-fit, it has to 🚀 "grow at all costs" and reach market dominance before some giant corporation can replicate their new product and distribute it to their existing giant customer base.
Startup's "growth at all costs" often means growth at the expense of charging customers $$$ money.
Hence, to be sustainable, startups have to constantly chase investor money.
Startup teams spend more time finding and pleasing investors, than finding and pleasing customers.
95% of startups die because they run out of (investor) money + no business model + crazy investor expectations.
Same way corporations die, when unable to adjust to new technology and market shifts.
It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details): https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha
I've read it so you needn't!
Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.
The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.
Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.
2) At this point, if you are a young and ambitious Tory MP it is now so overwhelmingly in your interest to vote against the withdrawal agreement. V v hard to see how Julian Smith can cap rebellion at under 100:
3) Really just to reiterate 1) Gyimah is the kind of "No, never gonna rebel" vaguely pro-EU Tory you'd need to get on side to outweigh Labour Leavers and Real Concerners.
Always. No, your company is not an exception.
A tactic I don’t appreciate at all because of how unfairly it penalizes low-leverage, junior employees, and those loyal enough not to question it, but that’s negotiation for you after all. Weaponized information asymmetry.
Listen to Aditya
And by the way, you should never be worried that an offer would be withdrawn if you politely negotiate.
I have seen this happen *extremely* rarely, mostly to women, and anyway is a giant red flag. It suggests you probably didn’t want to work there.
You wish there was no negotiating so it would all be more fair? I feel you, but it’s not happening.
Instead, negotiate hard, use your privilege, and then go and share numbers with your underrepresented and underpaid colleagues. […]