BC BUSINESS
Saved by @Mollyycolllinss

Today's Twitter threads (a Twitter thread).

Inside: Amazon warehouse union gets tech solidarity; and more!

Archived at: https://t.co/KYnbqjE9Ws

#Pluralistic

1/

 Amazon warehouse union gets tech solidarity: #DoItWithRealPower

https://t.co/cby43y3aaU

2/
#15yrsago Mysterious birthday ritual at Poe’s graveside disrupted by rubberneckers https://t.co/16m4DbuG1h

#15yrsago Nutjob offers $100 bounty to UCLA students who wiretap lefty profs https://t.co/47JtauT8Vy

3/
#5yrsago Transreal Cyberpunk! Rudy Rucker and Bruce Sterling’s book of annotated, seminal cyberpunk fiction https://t.co/MTANIei5nB

4/
#5yrsago The Democratic Party’s SOPA-loving, Snowden-hating, Hillary-partisan power-broker has her first-ever primary challenger https://t.co/olMdn1u9Ey

#5yrsago Griefer hacks baby monitor, terrifies toddler with spooky voices https://t.co/m5VspAuXXa

5/
#5yrsago GM’s Dieselgate: mechanics privately admit software update removes crimeware from Opel cars https://t.co/x76nNSrulo

#5yrsago How the standard, high-quality disaster-relief tarpaulin came to be https://t.co/4umhGmlzIz

6/
#5yrsago England’s most senior civil judge rules that Terrorism Act violates human rights https://t.co/z44PWwgg2X

7/
Yesterday's threads: How to leak a Zoom meeting; Pandemics and peak indifference; Planet Money's free Great Gatsby audiobook; Honor MLK day with the Internet Archive; Someone Comes to Town, Part 28; Facebook's community standards; and more!

https://t.co/yirL7Q2V2v

8/
My latest novel is Attack Surface, a sequel to my bestselling Little Brother books. @washingtonpost called it "a political cyberthriller, vigorous, bold and savvy about the limits of revolution and resistance."

Get signed books from @darkdel: https://t.co/HfWfdx8sIu

9/
I have a (free) new book out! "How to Destroy Surveillance Capitalism" is an anti-monopolist critique of Big Tech that connects the rise of conspiratorial thinking to the rise of tech monopolies and proposes a way to deal with both:

https://t.co/Us0SPxlcmD

10/
My ebooks and audiobooks (from @torbooks, @HoZ_Books, @mcsweeneys, and others) are for sale all over the net, but I sell 'em too, and when you buy 'em from me, I earn twice as much and you get books with no DRM and no license "agreements."

https://t.co/vpGcSZiPZ2

11/
Upcoming appearances:

* Keynote for https://t.co/Lr61KpUI3e, Jan 22 (US) 23 (Australia) https://t.co/7dfEFubGFn

* Evening with William Gibson, Jan 25, https://t.co/k3fvBdqOK0

* Boskone, 58, Feb 12-15, https://t.co/2LfFssVcZQ

12/
Recent appearances:

* Monocle Reads https://t.co/ENWPDLYVXg

* Hedging Bets on the Future (Motherboard Cyber):
https://t.co/7YeNDAjLfc

* Applying the Pandemic Mindset to Climate Change:
https://t.co/syTXEF1gFz

13/
My first picture book is out! It's called Poesy the Monster Slayer and it's an epic tale of bedtime-refusal, toy-hacking and monster-hunting, illustrated by Matt Rockefeller. It's the monster book I dreamt of reading to my own daughter.

https://t.co/yQLVua4WkB

14/
My first picture book is out! It's called Poesy the Monster Slayer and it's an epic tale of bedtime-refusal, toy-hacking and monster-hunting, illustrated by Matt Rockefeller. It's the monster book I dreamt of reading to my own daughter.

https://t.co/yQLVua4WkB

15/
You can also follow these posts as a daily blog at https://t.co/iSBh8s9m7q: no ads, trackers, or data-collection!

Here's today's edition: https://t.co/KYnbqjE9Ws

16/
If you prefer a newsletter, subscribe to the plura-list, which is also ad- and tracker-free, and is utterly unadorned save a single daily emoji. Today's is "👓". Suggestions solicited for future emojis!

Subscribe here: https://t.co/TwPzz87nAw

17/
Are you trying to wean yourself off Big Tech? Follow these threads on the #fediverse at //twitter.com/[email protected]." target="_blank">@[email protected].

Here's today's edition: https://t.co/jqV10jAOsd

18/
Today's top sources: Clarissa Redwine (https://t.co/NuTBrALSUW).

eof/

More from Cory Doctorow #BLM

Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
20 years on, #BushVGore is back in our discourse - an election stolen by mobs at the polling places, a media blitz, and a Supreme Court at its most antidemocratic and antimajoritarian.

1/


We remember this as an election that the plutes stole, but it's also an election that the Dems gave to them. That's why we're talk about it now. There will be an attempt to steal next month's election. Will we surrender again?

2/

The last surrender led to a war being fought today by the children of the soldiers who were sent into battle on day one. It led to climate inaction, monopolistic concentration, erosions to our right to vote and to our right to protest.

3/

Thanks to that surrender, voter suppression was expanded and reinforced, leading to the election of a fumbling liar who got to appoint more SCOTUS judges in 3.5 years than all Democratic presidents did in the previous quarter


You may be wondering how the Dems surrendered in 2020. For a detailed account of what surrender looks like, read @rsgexp's @jacobin memoir of her time as an @AFLCIO organizer sent to Florida during the
POLITICS
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Despite the massive triumphs of the world's largest corporations and most rapacious billionaires during the covid crisis, neoliberalism is in ideological retreat: more people are more critical of the idea that "free markets" can solve big problems than at any time in my life.

1/


The Democratic nomination race was a fight between the neoliberal wing of the party and the Democratic Socialists, with the candidates representing a spectrum between those two sides (and the odd outlier on either side).

2/

Supposedly, the party grandees brokered peace between the two main factions, but the left is rightfully suspicious about whether Biden - and Republicans-who-sit-as-Dems like Joe Manchin - will deliver anything beyond symbolic gestures.

3/

One bright spot: Bernie Sanders is finally chairing the Senate Budget Committee, giving him enormous power over muscular covid relief packages, Medicare expansion, and rolling back Trump and Bush tax-cuts on the

This is where Sanders' long experience in the Senate, and his virtuoso work using its procedures to advance his position, will serve him well. As we saw with McConnell, the ability to wield procedure is a powerful asset in getting stuff done.

5/
POLITICS
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Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
The Democrats are at least two parties. The progressive wing of the party (which is by no means unified) and the finance wing of the party, which is also the party leadership.

1/

During the leadership race, the progressive wing was represented by @SenSanders and @SenWarren; the former wants to minimize the role of markets in our lives, the latter wants to redeem markets by regulating them. It's a distinction with a difference, but I donated to both.

2/

Both wings of the party have prominent representatives in Congress; Sandersism are most visibly associated with @AOC (whom I donated to) and Warrenism is embodied by @RepKatiePorter (likewise), who was also one of Warren's law school proteges.

3/

Porter is a force of nature. She is infamous - and celebrated - for her brutal, no-holds-barred questioning of both corporate and administration witnesses, using a white-board to pin them down and eviscerating any attempts at bullshittery.

4/

This isn't just about getting facts into the record (though, she is SO GOOD at getting facts into the record!), it's also about effecting change, like when she single-handedly cornered the CDC's chief into guaranteeing universal, free covid
POLITICS
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
When you hear the phrase "free market," you probably think of "a market that is free from regulation" but that's the opposite of the phrase's original meaning!

1/


Adam Smith used the term to describe a market that was free from "economic rents" - money earned by owning things, rather than doing things. Smith recognized that markets attract parasites - "rentiers" - who seek to drain wealth by "investing" rather than building and doing.

2/

Which meant that, in the absence of muscular state intervention, markets would become less and less free - more and more dependent on the whims of rentiers who used money to breed money by creating toll-barriers between parts of the productive economy.

3/

For Smith, markets were only free if they were regulated. But that's the opposite of the way that we talk about free markets today. Today, a free market is a market where you are free to collect rents - passive income from owning things, at the expense of people doing things.

4/

This is true in so many metaphorical ways, but it's especially true when we're talking about actual rent - actual homes that people need to survive and produce, whose primary role today is to serve as an asset class to be maximized, not a basic human right.

5/
TRADING
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
The remix culture of the early 2000s left an indelible impression on me, an enduring delight in the power of whimsy, juxtaposition, virtuosity and ingenuity - and the ability of strangers all over the world to collaborate without any explicit coordination.

1/


The recent Bernie-mittens meme was a sterling example of this, tickling me right to my core, and I just happened on an especially delightful apex example of the form: @ToastedShoes's video of Sanders incorporated into eight AAA

Toasted Shoes got @JoeMashups to create a 3D model of Sanders, then tapped a bunch of different mashup artists to turn the Sanders sprite into playable characters in the games, showing them off in a narrated video.

3/

I'm not much of a fan of video-game streamers' narration, and I confess that I found the video more entertaining without the narration, but to each their own - Shoes was clearly enjoying himself, as were the commenters on the video.

4/

They had a lot to be pleased by.

Sanders as a Sith Lord in Star Wars Battlefront 2:

5/
FUN

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Peoples Gazette
Peoples Gazette
@GazetteNGR
At about 19:00 hrs local time on January 26, 2021, Peoples Gazette's website (https://t.co/wkUFy0ZN63) was hit by a coordinated disruption of service across all telecommunication networks in Nigeria.


This disruption, we are increasingly learning from top federal sources, was based on a directive, from the Nigerian government to MTN, Glo Mobile and other telecom firms, that sought an immediate blacklist of our web address as well as all other alternative domain names.

Our internal assessments and notes from our readers indicate a total restriction on our website for people connecting via MTN, Glo Mobile and Airtel, i.e.: a vast majority of Nigerian Internet users.

Since our inception, we have diligently carried out our sole duty of bringing to public awareness, the rot that exists in our public and private institutions.

We have exposed the abuse of power by government officials, agencies, and cronies; corrupt practices in the public and private sectors and flagrant abuse of human rights and the rule of law by security agencies.
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Judd Legum
Judd Legum
@JuddLegum
1. If you turn on CNBC, you'll hear a narrative that reckless retail investors from Reddit are destabilizing the stock market by driving up prices for GameStop and other stocks.

This is BS.

Follow along if interested.

2. Market instability was created by hedge funds and other "sophisticated" investors that SHORTED MORE GAMESTOP STOCK THAN WAS EVEN AVAILABLE FOR SALE

Retail investors are exploiting instability created by the hedge funds

They didn't start the

3. The primary "victim" of the retail investors, hedge fund mogul Gabe Plotkin, worked SAC until 2013.

What happened in 2013? SAC pleaded guilty to insider trading and paid a $1.3 billion fine.

Plotkin then left to start his own firm.

4. Plotkin made massive returns by doing a lot more shorting than most hedge funds & no one complained

But this week he was bailed out by his old boss, SAC founder Steve Cohen, and another hedge fund mogul, Citadel's Ken Griffin to the tune of

5. Cohen & Griffin now own a significant piece of Plotkin's firm. So they have an interest in Plotkin navigating out of his current predicament. They also may have exposure themselves.

This is where things get
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Sahil Bloom
Sahil Bloom
@SahilBloom
THREAD: The story of the week in finance is how a group of retail traders at @wallstreetbets, with assists from @ElonMusk and @Chamath, took down the establishment short sellers at GameStop.

A thread on the underlying mechanics of the $GME saga...


1/ First, for those unfamiliar with the business, GameStop is a videogame and merchandise retailer.

It has >5,000 stores, primarily in malls, across North America, Europe, and Australia.

The business has struggled to modernize, hurting its financial and stock performance.


2/ For a variety of business reasons, a bull (i.e. optimistic) case regarding its future performance has formed.

It really came to the forefront after RC Ventures, an entity managed by Chewy founder @ryancohen, disclosed a large position and assumed three board seats.


3/ @ryancohen summarized his case, stating:

"We are excited to bring our customer-obsessed mindset and technology experience to GameStop and its strategic assets...expanding the ways in which it delights customers and by becoming the ultimate destination for gamers."

4/ At the time of that statement on January 11, $GME stock was trading at about ~$20 per share.

Since then, the stock has surged to ~$200 per share and captured the public imagination.

But how did it happen?

There are two dynamics at play: a short squeeze and a gamma squeeze.
BUSINESS
Mario Gabriele \U0001f98a
Mario Gabriele 🦊...
@mariodgabriele
Red Bull is a weird and fascinating company.

- $7.4 billion in 2020 revenue
- 43% energy drink market
- Makes nothing

Nope, not even the drinks they sell. Instead, they focus 100% on marketing.

Here's what's going on

1/

Before Red Bull there was Krating Daeng (KD).

Founded by pharmaceutical entrepreneur, Chaleo Yoovidhya, KD was created to serve Thailand's country's working class.

Yoovidhya chose the gaur, a member of the bovine family from the region, as the brand's symbol.


2/

Dietrich Mateschitz was a toothpaste marketer. On a business trip to Thailand he discovered KD and fell in love with the drink.

With Yoovidhya, he decided to bring it to Europe. He made changes:

- Name became "Red Bull"
- Added bubbles
- Used a thin can
- Targeted elites


3/

The deal Mateschitz and Yoovidhya struck outsourced production of the drink to the Thai entrepreneur's pharmaceutical company.

That fundamental structure has remained in place today: Red Bull outsources production and focuses on distribution (marketing).


4/

Mateschitz noticed the rise of extreme sports starting in the 1990s. He thought Red Bull should be a part of it.

The years since have seen the company amass an insane empire across sports, media, and apparel.
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George Yury Revutsky
George Yury Revutsky
@george_revutsky
1/An interesting thing happened tonight. I was scrolling through clubhouse and found WileyCEO, Godfather of Grime (kicked off Twitter in July for antisemitic tweets) speaking. So I tweeted this (and included a screen shot, later deleted as I found out TOS don't allow it ...


2/ ... and several folks also asked me to remove it which I promptly did afterwards).... Coming into the CH room, I fully intended to confront him about how hurtful his comments in July were. But as I listened to the folks in the room, I decided to go a different direction ....

3/ the conversation jumped around, covered many topics and there were between 8-14 people up on stage. But a recurring thread was discussion of racism, bigotry, comparison of it in the US vs UK vs elsewhere.

4/ when I got a chance to speak, I had 5 bullets written down: a) we should harness technology and capitalism to make reparations for what America did to Black people. I gave https://t.co/SlrW8zCd58 (a project a couple friends co-started) as an example) ...

5/ b) capitalism and product know-how and technology can be harnessed for social justice c) historically oppressed minorities need to stick together and lastly, d) "Wiley, how could you say such hurtful things about Jews as a people?" That's what I had ready to say, anyway.
BUSINESS

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Thread on
"Intraday Banknifty Strangle based on OI data"

(System already shared, today just share few examples)
(1/n)

-Trade timing after 9:45

-Check Banknifty change in OI data at 9:45, and identify the highest OI built up in call side and put side

-We will sell both strikes with combined premium as SL on both legs.
(2/n)

28th June 2021

BN open-35440
At 9:45 trading at 35350
Highest OI in call side at 35500 CE and 35000 at put side
Strike selection 35500 CE- 35000 PE
(3/n)


29th June 2021

BN open-35323

At 9:45 trading at 35112

Highest OI in call side at 35300 CE and 35000 at put side

Strike selection 35300 CE (232) - 35000 PE (150) Combined premium 382 , Both legs SL 382
(4/n)


30th June 2021

BN open-35030

At 9:45 trading at 35002

Highest OI in call side at 35000 CE and 35000 at put side

Strike selection 35000 CE(176)- 35000 PE(213) Combined premium 389 , Both legs SL 389
(5/n)
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I'm going to do two history threads on Ethiopia, one on its ancient history, one on its modern story (1800 to today). 🇪🇹

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The first likely historical reference to Ethiopia is ancient Egyptian records of trade expeditions to the "Land of Punt" in search of gold, ebony, ivory, incense, and wild animals, starting in c 2500 BC 🇪🇹


Ethiopians themselves believe that the Queen of Sheba, who visited Israel's King Solomon in the Bible (c 950 BC), came from Ethiopia (not Yemen, as others believe). Here she is meeting Solomon in a stain-glassed window in Addis Ababa's Holy Trinity Church. 🇪🇹


References to the Queen of Sheba are everywhere in Ethiopia. The national airline's frequent flier miles are even called "ShebaMiles". 🇪🇹
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@ProdigalTrader
If u are looking to enter a scrip just before the breakout
what would u look for?
How would u identify scrips just before breakout?

Here are a few pointers
Carefully understand the them and use at ur own discretion
(All comments r compiled from a question i posed)

1/23

Price is testing the same resistance repeatedly since long.
But now in recent times it's forming multiple candles near the same resistance with low volume.
Observe it and see for opposite move.
As soon as u get a positive candle, get in to it.

2/23

1. Volume buildup (vol > when resistance point created) along with, increase in OI, increase in delivery % on HTF
2. On LTF, price stalling around breakout area for at least 1-2hr.
3. No major events.

3/23

Stock reaching breakout LVL with HL-HH
Contraction of price and volume near it especially near 20 days ma.
If there is any breach of the latest HL it should be followed by a bullish candle with good volume.
Left side of the chart has a rally with a very steep slope of ma.

4/23

Number of wide range green bars with high volumes.
If stock is at its ATH then it adds more conviction bcz there wont b supply after that point

Consolidation below the resistance, volume of the candles & strong bullish candle closing at near highs just below the resistance

5/23
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\u0936\u094d\u0930\u0940\u092e\u093e\u0932\u0940 \u0939\u093f\u0924\u0947\u0936 \u0905\u0935\u0938\u094d\u0925\u0940
श्रीमाली हितेश अवस्थी...
@HiteshAwasthi89
Sri Adi Jagannatha Perumal Temple, Thiruppullani, TN

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This temple is mentioned in the Tamil classic devotional literature” Naalayira Dhivya Prabantham”, Thirumangai Azhwar sung a song on this place and the temple. and also Thiruppllai temple is referred in Valmiki Ramayana, Ramayana written by the great Tamil poet Kambar....👇


It is one of the 108 Divya Desam temples. Thiruppullani Sri Adi Jagannatha Perumal is also called as Sri Kalyana Jagannatha Perumal. It is believed that those who have difficulties or dhoshams regarding marriages and childbirth worship Jagannatha Perumal...👇
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History Of Rajputana
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@KshatriyaItihas
**Thread on Bravery of Sikhs**
(I am forced to do this due to continuous hounding of Sikh Extremists since yesterday)

Rani Jindan Kaur, wife of Maharaja Ranjit Singh had illegitimate relations with Lal Singh (PM of Ranjit Singh). Along with Lal Singh, she attacked Jammu, burnt - https://t.co/EfjAq59AyI


Hindu villages of Jasrota, caused rebellion in Jammu, attacked Kishtwar.

Ancestors of Raja Ranjit Singh, The Sansi Tribe used to give daughters as concubines to Jahangir.


The Ludhiana Political Agency (Later NW Fronties Prov) was formed by less than 4000 British soldiers who advanced from Delhi and reached Ludhiana, receiving submissions of all sikh chiefs along the way. The submission of the troops of Raja of Lahore (Ranjit Singh) at Ambala.

Dabistan a contemporary book on Sikh History tells us that Guru Hargobind broke Naina devi Idol Same source describes Guru Hargobind serving a eunuch
YarKhan. (ref was proudly shared by a sikh on twitter)
Gobind Singh followed Bahadur Shah to Deccan to fight for him.


In Zafarnama, Guru Gobind Singh states that the reason he was in conflict with the Hill Rajas was that while they were worshiping idols, while he was an idol-breaker.

And idiot Hindus place him along Maharana, Prithviraj and Shivaji as saviours of Dharma.
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