“The beauty of WhatsApp, along with other popular third-party chat apps, is that it allows you to message anyone. It doesn’t matter if you’re reaching out to friends, family, or new acquaintances, or if those people have an iPhone or Android.”

Ever since user privacy became a concern and the curtain flew open on every tech company actively harvesting user data, pushing them to make it ‘appear’ they are holding contracts of not collecting user data is absolute bull, obviously. They just don’t want to get caught. I assure you every other Big Tech giant is not…

Things such as Twitter buys and burning it all to the ground are what happen when you get richer than your self-esteem can handle?  Nobody around you can talk sense into you anymore?

You know, I came here ready to eye roll at Cane’s, but I should have known better. Yeah, they should sue--good for them. And what the fuck kind of agreement is that?

Of the $16 billion customer assets under FTX’s control, Bankman-Fried reportedly leant half of that amount over to Alameda so it could engage in risky crypto investments

Those things are probably pretty well correlated. People who are psychologically well adjusted don’t need billions of dollars, and wouldn’t be willing to do the things that are required to hoard that much wealth.

I’m making an assumption here but I am guessing that the agreement with McDonalds was not part of the title but instead a secondary agreement as the article states the agreement was a noncompete made with the property owner rather than with the location itself. So likely it would have needed to specifically be…

God I wish this weren’t typical of takeovers.

I suspect over-enthusiasm in a down market and ignorance by the sales office of the mall’s own contractual history. Nevertheless, the mall legal staff had access to information that Raising Cane’s could not have had and the fact the mall had gone to McDonald’s to ask for a waiver for an entirely different restaurant…

I’d be interested to see how much he personally cashed out in the days/weeks prior to this. I’m guessing much like in the case of Celsius once he knew things were about to be fucked he started converting funds and hiding them anywhere possible.

it would apply here as well. Any restriction on the property has to be disclosed including business restrictions. and the “potential restrictions” defense is going to go right out the window as bad faith due to the obvious nature of the business. Especially given that the only way Raising Canes would know about the…

Is there anything less openly fitting the narrative capitalism pushes than a noncompete agreement?

It’s Bankman-Fried, but I think your pseudo-spoonerism works perfectly.  Bankman is indeed not just toast, he’s fried.

Should have been one of the first utterances from the mall when approached by Raisin’ Canes. Illegal? I dunno. Unethical, yup.

Bankman-Fried has put the blame on his own shoulders, saying “I fucked up, and should have done better.”

Indiana has a residential Duty to Disclose law, but that applies to physical defects and I am not sure if it applies to commercial leases.  Still, pretty slimy on the part of the mall.

‘Bankman-Fried’ is just an incredible example of nominative determinism

Musk vastly overpaying for Twitter, being forced to follow through, saddling the company with a ton of debt, and then contemplating bankruptcy after TWO WEEKS is absolutely insane.

You know what would be great? If literally everyone quit on him. Would serve him right.