@Techmeme@techhub.social2026-01-15 13:25:40
Bitmine, the largest corporate holder of ether, invests $200M in MrBeast's Beast Industries, set to close on January 19; Bitmine holds ~4M ETH valued at ~$13.6B (Francisco Rodrigues/CoinDesk)
https://www.coindesk.com/business/2026/01/<…
@cdarwin@c.im2025-11-17 22:16:34
It's Hakeem Jeffries. I’m about to let you in on what’s going on behind the scenes.
𝗙𝗜𝗥𝗦𝗧: Republicans raised a record-breaking $36 million to keep control of the House.
𝗧𝗛𝗘𝗡: They used that massive war chest to launch attacks against 25 swing-seat Democrats.
𝗡𝗢𝗪: The latest polls show a neck-and-neck race for the House majority.
Republicans and their billionaire donors think they can buy this election. We’re here to prove them absolutely wrong.
I’m launchi…
@hex@kolektiva.social2025-12-16 17:09:35
One of the things that made organizing a lot easier with the GDC was a thing called "GDC in a box." It was a zip file with all kinds of resources. There was a directory structure, templates for all kinds of things like meetings and paperwork you had to file (for legal reasons) and "read me" files.
We had all kinds of support. There were people you could talk to who had been there. There were people you could call to walk through legal paperwork (taxes). Centralized orgs are vulnerable and easy to infiltrate. They're easy for states to shut down. But there are benefits to org structures.
I think it's possible to have the type of support we had with the GDC, but without the politics of an org (even the IWW). I hope this most recent essay has some of the same properties. I hope that it makes building something new, something no one has really imagined before, easier.
This whole project is something a bit different. It's a collective vision and collective project, from the ground up. Some of it has felt like a brain dump, just getting things that have been swimming around in my head down somewhere. But I hope this feels more like an invitation.
Everything thus far written is all useless unless people do things with it. Only from that point does it become a thing that lives, a thing with its own consciousness that can't be controlled by any individual human.
Tech billionaire cultists want to bring a new era of humanity with AGI. That is definitely not possible with LLMs, and may not be possible at all. But there is a super intelligence that is possible, though it's been constrained by capitalism: collective human intelligence.
The grand vision of the tech dystopians is that of the ultimate slave that can then enslave all humans on their behalf. I think we can build a humanity that can liberate itself from their grasp, crush their vision, and build for itself a world in which people will never be enslaved again. Not only do I think it's possible, I think it's necessary. I think there are only two choices: collective liberation or death.
And that's what I plan to write about next time to wrap this whole project up. Today things often feel impossible. But people talked about the Middle Ages as though they were the end of the world, and then everything changed in unimaginable ways. Everything can, and will, change again.
"The profit motive often is in conflict with the aims of art. We live in capitalism. Its power seems inescapable. So did the divine right of kings."
@karlauerbach@sfba.social2026-01-08 18:28:45
Here's a piece about $billionaires threatening to leave California because of a proposed 5% wealth tax.
Hey guys (and as far as I can tell they are all guys): Don't let the door hit you on the ass on your way out.
They say "oh, California you will lose taxes because we are gone." Boo hoo - don't these guys know the concept of a non-performing asset, you know, a thing that produces no revenue? Well, from the point of view of Calif. these guys already pay no…
@midtsveen@social.linux.pizza2026-01-01 02:37:33
Let’s raise a glass to 2026, the year of more billionaire trash!
#Billionaire #Trillionaire #Rich
@Techmeme@techhub.social2025-11-08 17:46:11
Several of Asia's top tycoons and conglomerates are joining the data center race as tech giants plan $240B in APAC hyperscale expansion over the next five years (Jonathan Burgos/Forbes)
http://www.forbes.com/sites/jonathanburgos/2…
@cdarwin@c.im2026-01-03 00:15:43
California is considering a new tax initiative aimed at billionaires, known as the
"2026 Billionaire Tax Act."
It seeks to impose a one-time 5% tax on individuals with a net worth exceeding $1 billion.
The tax would apply to approximately 200 billionaires residing in California
as of January 1, 2026.
https://<…
@Mediagazer@mstdn.social2025-12-31 02:55:34
Lee Enterprises stabilizes its finances as investors buy $50M in new stock, led by $35M invested by David Hoffmann, who will become chair of the company (Josh Funk/Associated Press)
https://apnews.com/article/lee-enterprises-news…
@cdarwin@c.im2025-12-06 18:25:36
Demolition of the East Wing,
which once housed the first lady’s office,
began in October.
Trump has said the new ballroom will be 90,000 square feet and hold 1,000 people,
a complex that will be much larger than the main White House building,
which is about 55,000 square feet.
Cost estimates for the ballroom project have ballooned from $200 million to as much as $350 million.
Wealthy individuals and corporate donors — including billionaire Steve Sc…
@Techmeme@techhub.social2025-12-02 13:19:18
Prediction market Kalshi raised $1B led by Paradigm at an $11B valuation, up from $5B after raising $300M in October 2025, making its co-founders billionaires (Michael J. de la Merced/New York Times)
https://www.nytimes.com/2025/12/02/business/dealb…
