Here’s a SPAC thread covering some basics for new followers. I will pin this to my profile if you want to share to anyone interested in SPACs.
IPO – SPAC raises cash and begins trading as a unit. The cash is placed in Trust.
Searching phase – After IPO, the SPAC management team looks for a company to merge with. This is typically 24 months but can be shorter depending on the SPAC
Unit – A new SPAC IPO is in the form of a unit typically. This is denoted by a U on the end of a ticker. A unit consist of a share and a warrant (or fraction of one). The unit is broken out to the share and warrant 52 days after IPO typically.
Warrant – Terms vary by SPAC, the most common is that they convert 1 warrant to 1 share at a price of $11.5 and expire 5 years after merger date. Ratios can vary greatly by SPAC so refer to the prospectus.
More from Tech
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.
This spring at SxSW, @SusanWojcicki promised "Wikipedia snippets" on debated videos. But they didn't put them on flat earth videos, and instead @YouTube is promoting merchandising such as "NASA lies - Never Trust a Snake". 2/
A few example of flat earth videos that were promoted by YouTube #today:
You might remember my 3 prior threads on how
TESLA. TREATS. ITS. CUSTOMERS. LIKE. TRASH.
Here's the 4th installment.
@tomkeinan @jonsey_lisa @jwmooc @tchanpoker @bryanthediamond @EconomicManBlog
$TSLA $TSLAQ 1/22
Welcome to Greta's 4th edition of #Tesla customers getting used and abused. Because that's the Elon Musk way.
@coffeebreakls @KocgibiHarun @omaragha @JayGhahari
$TSLA $TSLAQ 2/22
"The best service is no service." - Elon Musk a.k.a. #SpaceKaren
@briansaziz @FarSha998899 @thinktankfour @Billoday1
#Tesla $TSLA $TSLAQ 3/22
These #Tesla customers represent just the very tip of the iceberg. They are ones who have Twitter, have decided to complain about their #TeslaServiceIssues publicly, and were found by yours truly.
@yanismydj @hajelatweets @AlanHeldman @francislongo5 $TSLA $TSLAQ 4/22
Dear #Tesla customers: In California, if your vehicle has been out of service for >30 days total, it's a lemon. You can get punitive damages and attorney's fees. Don't sit around and take Elon's abuse. @13arm13arm @cecimar12 @richardson_skip @shootinglee $TSLA $TSLAQ 5/22
Switch from WhatsApp to Signal and enable disappearing messages. Most of us cannot stop using WhatsApp entirely but at least turn off back ups to Google Drive or iCloud. 2/n
Do not have private conversations using the messaging service on any social media platform like Facebook, Instagram or Twitter. 3/n
Switch from Gmail to ProtonMail or any other secure email service provider. 4/n
Switch from Google Docs to CryptPad or RiseUp Pad.
During the 1st phase (next 2-5 years), we'll continue to build games, casinos, and speculative products.
This sounds uninspiring. But it has two main important consequences.
1) This will ultimately lead to hundreds of millions of users to install wallets and get uncomfortable with the UX.
2) This will force the tech (especially scaling) to mature.
Once we've achieved these two goals, phase 2 begins. In phase 2, products that serve real economic activities / integrated with the real economy will be built and flourish.
Right now, such products barely exist. @terra_money comes to mind. But this is the kind of products that I really look forward to. They are more economically sustainable, and create more value.
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These setups I found from the following 4 accounts:
Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.
1. Open Drive (Intraday Setup explained)
Bactesting results of Open Drive
Already explained strategy of #opendrive— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
2. Two Price Action setups to get good long side trade for intraday.
1. PDC Acts as Support
2. PDH Acts as
So today we will discuss two more price action setups to get good long side trade for intraday.— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
Example of PDC/PDH Setup given
Now when Indian Muslims are thrown to wolves it’s Pakistani & Bangladeshi Muslims with whom they kept distance are the only ones feeling their pain. None of the people who they invited for Eid Milan. Qawali & Mushaira are there for them. Such people invoke wrath upon themselves
Indian Muslims never spoke for Kashmiri Muslims. Distancing from separatist was understandable but we never even bothered to highlight their human rights violation & rapes carried out by forces. We could have sent them humanitarian help we didn’t. Our silence made us complicit.
When Sania Mirza married Shoaib Malik it was something legal. A Muslim married another Muslim. Entire Hindutva media went after her. They launched a witch-hunt for months. No Indian Muslim stood by her. All were silent. Now days come when Muslims are arrested for marrying a Hindu
Indian Muslims particularly the elite downplayed communalism in India by saying it will pass or Hindu majority is good. Fringe are bad. They misguiding others. Muslims were always others. Indians were happy to see Muslims sing & dance & eat their food but never considered as own
Based on this analysis: "Denials for immigration benefits—travel documents, work permits, green cards, worker petitions, etc.—increased 37 percent since FY 2016. On an absolute basis, FY 2018 will see more than about 155,000 more denials than FY 2016." https://t.co/Bl0naOO0sh
"This increase in denials cannot be credited to an overall rise in applications. In fact, the total number of applications so far this year is 2 percent lower than in 2016. It could be that the higher denial rate is also discouraging some people from applying at all.."
Thanks to @gsiskind for his insightful comments. The increase in denials, he said, is “significant enough to make one think that Congress must have passed legislation changing the requirements. But we know they have not.”
1. There's been a lot of news lately about people in the Autonomous Vehicle industry realizing the problem they're trying to solve is much trickier than they initially hoped.
I think there’s a good analogy in a similar technology: self-checkouts.
2. Self-checkouts have been around a while. Companies have been working on them since 1984, and they’ve been in stores around the country for nearly two decades. As you well know if you’ve used one, they also still kinda suck.
3. This is not for a lack of financial incentives! A company that could figure the technology out would be able to replace billions a year in labor. Even a marginal improvement on the tech would be incredibly valuable as current systems feature staggering losses to shoplifters
4. It’s not as if “scanning items at a checkout” is an especially daunting task. It’s considered unskilled labor. Teenagers do it.
5. Turns out that making an automated system that’s 95% as good as a human is relatively easy and one that’s 100% as good as a human is very hard. I think it’s becoming clear that autonomous vehicles are going to turn out like this
BREAKING: President Donald Trump has submitted his answers to questions from special counsel Robert Mueller— Ryan Saavedra (@RealSaavedra) November 20, 2018
Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.
Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.
Mueller's team was 100% partisan.
That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election
They looked high.
They looked low.
They looked underneath every rock, behind every tree, into every bush.
And they found...NOTHING.
Those saying Mueller will file obstruction charges against Trump: laughable.
What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?
THERE WEREN'T ANY.
Mueller got full 100% cooperation as the record will show.