Tootfinder

Strategy acquired 24,869 bitcoin for ~$2.01B at an average price of $80,985 between May 11 and May 17, taking its holding to 843,738 BTC, or 4% of total supply (James Hunt/The Block)
https://www.theblock.co/post/401627/big-dot-energy-michael-sayl…

“We are a nation of laws.
You can't just make up things whole piece,”
said Senator Bill Cassidy,
following his primary loss.
“People are concerned about making ends meet, not about putting a slush fund together without a legal precedent.”
It’s not clear yet what approach Cassidy will take in his final months in office,
but he’s got plenty of opportunities to make his voice heard,
including on the effort to limit U.S. hostilities against Iran wi…

Bill Cassidy Is Done Holding Back What He Thinks
The Louisiana Republican is already speaking out against the president's “weaponization” fund and money for a White House ballroom.

Added Power Grips (pedal straps) to my wife's #Brompton. Not going to say it's my nicest work, but I'm hopeful that it'll hold. I only drilled holes through the plastic reflectors; the metal is all intact. I can change that later if needed. #BikeTooter

Sources: a new AI lab founded by Junyang Lin, former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation (The Information)
https://www.theinformation.com/briefings/exclusive-tencen…

Exclusive: Tencent Backs Former Alibaba Researcher’s New AI Lab
Tencent Holdings has backed a new AI lab founded by Junyang Lin, former lead researcher of Alibaba Group’s Qwen models, according to two people with knowledge of the investment. Tencent invested $20 million in Lin’s first funding round that raised several hundred million dollars at a post-money valuation of around $2 billion, according to the people. The round was led by Chinese venture

George Pickens confirmed Tuesday he's not holding out https://insidethestar.com/george-pickens-confirmed-tuesday-hes-not-holding-out

Diejenigen, die sich über „Sozial­schmarozer“, „Migranten“, „Gutmenschen“, … aufregen, werden auch mich mit Freude untern Bus schmeißen, wenn's mir mal schlecht geht. Ich lebe lieber mit Menschen zusammen, die auch mit Schwachen und Benachteiligten gut umgehen wollen. Auch ganz banal ob der positiven Stimmung willen.¹
Das heißt nicht, daß letztere nicht das Recht haben, mich trotzdem für ein Arschloch zu halten², aber die Wahrscheinlichkeit ist halt viel geringer.
__
¹Ja…

Boekhandel Dominicanen is one of the sights in #Maastricht, and they also sell vinyls and CDs (!), so I bought two recent albums to add to my very small collection of Dutch #HipHop.

Librarians wondering how AI affects media literacy/acquisition policies/patrons' needs should consider joining UMaine's Digital Curation program, which tackles AI's impact on collecting institutions. I'm quoted in this related story from local NBC affiliate

S&P 500 already made big call on SpaceX stock.
Index investors need to know it
SpaceX was valued at $1.77 trillion valuation in the IPO,
but it remains a high-risk investment with a net loss in the latest quarter of $4.28 billion.
OpenAI and Anthropic are burning through cash at a significant rate and racking up losses while generating a substantial amount of revenue.
They can be expected to face the same scrutiny from the S&P 500 that SpaceX just did.

S&P 500 already made big call on SpaceX stock. Index investors need to know it — CNBC
The S&P 500 index, where trillions in retirement savings are invested, said no to the SpaceX IPO, the biggest in history. Here's what that means for portfolios.

Sources: DayOne, the spinoff of China's largest data center operator GDS Holdings, plans dual IPO in Singapore and NY, seeking to raise $5B at a ~$20B valuation (Owen Walker/Financial Times)
https://www.ft.com/content/602baf9f-9e66-428e-baec-6c2850d5fad5