Look to the sky for a solar show that will create a stunning glow…
Stargazers and skywatchers are in for another treat, which come about two weeks after the lunar eclipse, also referred to as the “Super Flower Blood Moon”. Tonight and into Thursday, June 10th, an annular solar eclipse called “ring of fire” will be visible. Any discussion of all things lunar, blood moons and eclipses would certainly be congruent with a taste of the astrological perspective.
Unfortunately this time around, no parts of the United States will get to see the full eclipse, however some metropolitan areas like Toronto, Philadelphia and New York will be able to view a partial eclipse a little after the sunrise on Thursday morning.
Getting to see a partial eclipse looks kind of like the sun has a portion taken out of it. In total, this eclipse will last around 1 2/3 hrs (approximately 100 minutes) as it starts at sunrise in Ontario, Canada.
If you aren’t exactly clear on what a solar eclipse is, an annular eclipse occurs when the Moon is farthest from Earth. And because the Moon is far away it appears smaller. The Moon does not block the entire view of the Sun and thus creates the appearance of a ring around the Moon.
The word annular comes from the Latin word for ring. Since the Moon covers the sun’s center and what is left forms a ring, hence the name “ring of fire”.
If you are one of the lucky folks situated along the East Coast and Upper Midwest and want to catch a glimpse at the partial eclipse, it is strongly recommended to use solar eclipse glasses and to not look directly into the sun as it may cause permanent damage to your eyes.
Don’t fret if you aren’t able to experience the upcoming solar eclipse. This summer we have a couple more opportunities to gaze above. There is set to be a Supermoon June 24, a Meteor Shower on July 28, and the Blue Moon come August 22.
We have a couple years until the next total solar eclipse in the United States, in April 8, 2024, weather permitting.
The next global catastrophe movie is coming to Netflix, its called “Awake” and the premise has quite the spin. This apocalyptic thriller makes surviving even more difficult because the Earth’s population no longer has the ability to sleep, which leads to mass hallucinations, disorientation, and ultimately death.
“Awake” hopes to garner the same success as the Netflix original film “Bird Box”, which was a watch-at-the-end-of-your-seat apocalyptic horror/thriller where upon one glimpse of something terrifying would drive a person to deadly violence. The Netflix film released back in 2018 starred Sandra Bullock, Sarah Paulson and John Malkovich.
The cast includes: Gina Rodriguez as Jill, Jennifer Jason Leigh, Shamier Anderson, and Ariana Greenblatt as Matilda, the young girl who may hold the key to figuring out the film’s mystery. The film will debut on the Netflix streaming platform starting June 9, 2021.
A strange global event suddenly wipes out all electricity as well as strips humankind’s ability to sleep, which inevitably leads to insanity and chaos. Only Jill (played by Gina Rodriguez), an ex-soldier has a potential solution and key to a cure, her own daughter. What viewers will have to see is the major question, will Jill be able to safely deliver her daughter and save the world before she herself loses her mind from sleep deprivation.
Directed by Mark Raso known for his work on “Kodachrome”.
This is a feel-good story if it works and then it’s Hallelujah!
Ok, other than to be a benign stalker or to monitor your girlfriends actual ETA, do you even use the Apple “Find My” network? Were you aware that it applies to people, devices and now “items” using air tags? And that you can also find yourself, in case you don’t know where you are?
Well, all that has been expanded into a new realm, at least for those that want to hang onto expensive audio gadgets as long as possible. You guessed it, Apple has now added AirPods Pro and AirPods Max to the devices list.
This was announced at WWDC2021 but it is not, I repeat, not, something that you need to wait for a software upgrade to make use of. It’s live now if you have iOS 14.
Above: Photo Credit / Apple
Why the jubilation? I think because so many of us suffer from extended anxiety, even early symptoms of PTSD from the thought of losing those $250 or yikes(!) $549 babies.
Losing both or even one of these could be a life changing event, triggering depression and doubt and sadness. And Apple appears to understand this, indeed, they assure us that, not only is the Find My network supposed to geolocate your AirPods, they even have a new feature called “Separation Alerts”.
They specifically describe this feature thusly: “Separation Alerts notify a user if they leave an AirTag, Apple device, or Find My network accessory behind in an unfamiliar location…”
“Separation Alerts”, admittedly, sounds like a term for childhood trauma but, again, if you walk out of a Starbucks on 5th Ave. in NYC and you get a notification that you are sans your AirPod Pros, hallelujah, all is not lost, instead, you are running back in to grab those babies, STAT! (From the Latin word statim, meaning “immediately.”)
These subtle, free and unheralded improvements are seemingly the wave of the future, if you are an inhabitant of the Apple ecosystem, which is on the verge of turning into a kind of pre-metaverse training ground for future digital life pioneers.
Hardware Schwardware updates, who needs ’em?
WWDC2021 was, perhaps cleverly, devoid of hardware news or release announcements. This trick worked like a charm. Various top and sub-top media outlets spent the weeks ahead of the show and keynote, touting leaks, speculation and sources regarding, mostly, what turned out to be non-existent hardware updates.
Those will no doubt still be forthcoming, just not at the WWDC2021 keynote, as that ship has sailed.
Instead, and this is a good thing, we can all begin the journey to learn more about what is in store for the annual pilgrimage to the next generation of software enhancements for the Apple ecosystem, meaning macOS 12 Monterey, iOS 15, iPadOS 15 and all the rest too numerous to name here.
See our latest posts from the show for more details.
As per Apple release:
”Find My introduces new capabilities to help locate a device that has been turned off or erased, as well as live-streaming locations for family and friends who choose to share their location. Separation Alerts notify a user if they leave an AirTag, Apple device, or Find My network accessory behind in an unfamiliar location, and the Find My network now supports AirPods Pro and AirPods Max. A new Find My widget offers an at-a-glance view directly from the Home Screen.”
The “Pro-Vlogger” look popularized on YouTube now available to all…
Above: The stunning Portrait mode from the Camera app is now optimized for video calls in FaceTime. Photo Credit / Apple
If you are a prolific FaceTime user or if you don’t use it as much as you would if the aesthetics were a bit better (read: more flattering selfie styles) you are in luck. In a twist which takes advantage of tech that was initially created to make portrait mode a reality in the iPhone camera app is now coming to FaceTime on iPhone and also on iPad.
The maturation of features across platforms is paying big dividends
Portrait mode was added to the camera app as a way to get a DSLR style “prime lens” look with “bokeh” which is a Japanese term for the beautiful background out of focus blur that a long lens focused on the subject in the foreground will produce.
The computational fireworks required to produce this effect are nothing short of…. well check out Apple’s description:
” It’s a depth-guided, people-focused segmentation mask generated from a proprietary Apple neural network trained to detect people. It separates an individual in the foreground from whatever is in the background, with greater detail and clarity than with the depth map alone. It achieves this clarity in part because the matte image has higher resolution than the depth map.”
So this effect, which has been in the iPhone camera app since iOS 12 is now, likely due to the ever beefier potentials of the proprietary Apple neural network can now, starting with iOS 15 and iPadOS 15 be applied to video. Live.
New features in FaceTime help users look and sound their best. – credit: Apple
This, like so many other upgrades revealed today at the WWDC2021, is a great idea. High end YouTube videographers know it’s a great idea which is why they buy special DSLR camera with prime lenses just to get the very beautiful and flattering effect of a sharp subject in the foreground and a compressed, blurred “bokeh” effect in the background.
New features in FaceTime help users look and sound their best.
Not only visual but also audio upgrades are coming
They are also adding another obviously useful feature “spatial audio”, which creates the effect of having the perceived source location of each speaker match where they appear on the screen.
This is combined with “new microphone modes” which can reduce background noises and audio interference when in a chaotic sound environment and, alternatively when appropriate pickup an entire soundscape all at once.
All in all these improvements to both the visual experience, and the audio are a much needed change from the often ugly reality of bad-webcam zoom style meetings we all endured during 2020.
And with the front facing camera, lighting and software beautifications constantly getting better, we can, at least those with great internet and high end devices, look forward to a much more sensually pleasing level of FaceTime interactions.
Additional new upgraded features for FaceTime include, but are not limited to:
A new grid view that makes it possible to do a “zoom” like stack of equal size boxes.
SharePlay which is a somewhat odd sounding option to share “Apple Music, watching a TV show or movie in sync, or sharing their screen to view apps together”. Additionally, sharing can include anyone using an iPhone, iPad or Mac and if shared playback controls are active any of the parties that are sharing can play, pause or jump ahead.
Users can now share experiences with SharePlay while connecting with friends on FaceTime, including listening to songs together with Apple Music, watching a TV show or movie in sync, or sharing their screen to view apps together. SharePlay works across iPhone, iPad, and Mac, and with shared playback controls, anyone in a SharePlay session can play, pause, or jump ahead.
There’s an expanding list of sources that can be used, including, of course, Apple TV, but also third party services that opt in, and currently, according to Apple the list already includes: Disney+, ESPN+, HBO Max, Hulu, MasterClass, Paramount+, Pluto TV, TikTok, Twitch, and many others
Among the avalanche of new features and upgrades to iOS, iPadOS and most of all macOS 12 Monterey, there were two that were like a dream come true for anyone who has used AirPlay with AppleTv or “SideCar”, which originally came to the mac with macOS Catalina, and wished for one bold step further.
In an office environment, like our newsroom, being able to beam an iPad or mac on to a large conference style TV is great, but springing for the $ it takes to get a high resolution computer monitor large enough for group viewing is not such a great treat.
A fantastic compromise, one that many have wished for but never seen is the new option cogently called “AirPlay to Mac” which, just as the name implies, allows you to bean your phone or iPad (or I presume one mac to another) for paired or group viewing. (there were times when I, for one, forgot that this feature did not yet exist and tried to connect a mac screen using airPlay, to no avail).
AirPlay brings the Mac to life in all-new ways.
Even with tiny bugs that might arise at first when trying to get multiple macs to act as screens for a single source, once this is mature it should revolutionize meeting of small groups of colleagues all armed with trusty macs but wanting to do a group think and discussion session. (At a digital publisher meeting, like at Lynxotic, we might be looking at analytics data for the past week and all want to see the same data across all screens, for example.
Oh, and did I forget to mention that sound, just as in “regular” AirPlay, is included in the bargain. So even if it’s audio only that you want to share (like force feeding colleagues your favorite song) that is going to sound great on built in iMac speakers etc.
This seems instantly like something that is so obvious and intuitive that it could be one of those things, like AirPlay itself, that once entrenched and bug free, would be hard to live without.
Apple’s marketing copy:
“With AirPlay to Mac, users can play, present, and share just about anything — from the latest movies and games to vacation photos and presentations — from their iPhone or iPad right to their Mac’s stunning Retina display. The Mac’s high-fidelity sound system can also be used as an AirPlay speaker, so users can play music or podcasts on their Mac, or use their Mac as a secondary speaker for multi-room audio.”
Universal control, which sounds somehow ominous is, hopefully, just a simple way to more easily migrate live from device to device (of the same owner)
Though the mechanics of this feature were not explained in detail at the Keynote for WWDC2021, this is another feature that seems mind-bendingly obvious as a boon for any Apple device power user, it also seems strange that it did’t exist all along.
As shown with one example in the video below, it involves having a single mouse or trackpad control multiple devices. Or the same set up for a keyboard, or both. While there are some unanswered questions – such as would the keyboard designated as being the one to “universally control” another device automatically turn off the control on the remote devices native keyboard?
Perhaps this is a naive question since it appears that it is presumed that any device being universally controlled is owned and being used by a single human.
In one way this seems to have the best use when using, say, an iPad pro for a drawing task and then moving across to the mac to process the drawing in photoshop, illustrator etc. Honestly, sometimes it’s interesting to see each device as connected to a “chair mode” – iPad for a chaise lounge, iMac or MacMini for an office chair, iPhone or iPad mini for freedom from any chair, and switching from the more human-centric modes (chaise lounge) to get down to serious business on the biggest baddest screen and most powerful CPU seems like a utopian dream, with this feature activated and working without a glitch.
The ways this could be integrated into a workflow, and the permutations of how this could be useful, seem infinite, assuming it operates anywhere near as seamlessly as in the demonstration by Craig Federighi in the video. Being able to drag and drop, as he did, across three (3!) separate devices at will is pretty incredible, if not only for its simplicity and elegance.
As per Apple: “Universal Control lets users work more seamlessly across their Mac and iPad. Working across Apple devices is now better than ever with new Continuity features:
Universal Control lets users work with a single mouse and keyboard and move between Mac and iPad for a seamless experience, with no setup required. Users can even drag and drop content back and forth between devices — great for sketching a drawing with Apple Pencil on iPad and placing it into a Keynote slide on the Mac.
In Netflix top 10 recently as the premonitions keep cropping up
First, to be clear, this series was produced by Crackle (Originally Sony Crackle) and in-all 3 seasons were produced between 2016 (first premiered on September 6, 2016) and 2018. It stars Adam Brody, Edi Gathegi, Otmara Marrero, Martin Freeman, Ron Perlman, Addison Timlin, and Mira Sorvino.
On November 15, 2017, the series was renewed for a third season which was released on November 1, 2018. On May 4, 2021, all three seasons were made available on Netflix and surged up into the top ten in spite of the age.
The correspondences are loose, as is the connection between the subject matter and the real world analogs. The series is dramatic and emotional more than technical and the title “StartUp” is a bit meh. It conjures up images of Silicon Valley nerds and other tech bros and lame plots with outdated “dot-com” plot twists.
“StartUp” could not be further from any of that. Set in Miami (great first choice) it has the reputation of that city for money laundering, drugs and financial crimes as a backdrop.
Ultimately it’s about life and loss, the life and death struggle to find the “American Dream” and at the same time has connections to Crypto, Alt Coins, Web 3.0, The Dark Net, the criminal underworld, specifically financial crimes, Silk Road and, of course, tech start ups and venture capital.
The intertwining of this trio from disparate backgrounds is awkward but at the core of the story
It begins with “Izzy” Isabella Morales, who is a genus code crunching hacker who’s struggling to try to launch a crypto coin, “GenCoin” that she has been working on for over five years, since her time on scholarship at Stanford.
There’s not a lot of detail about her code and I don’t recall the term “blockchain” being mentioned, but they do mention bitcoin throughout the show and, considering it was around 2016 during production it is interesting to see where much of the plot fits 2021 far more.
A kind a linking character in the show is FBI agent, Phil Rask played by Martin Freeman who serves, wonderfully, to give exposition and a factual tour of the Miami crime scene and how he, and the FBI are swimming in a virtual ocean of corruption. If you can’t beat ‘em, join ‘em appears to be his motto as he is actively soliciting bribes from the jump.
Nick’s father, who is both well connected in the upscale world of financial corruption that operates openly within the big banks and corporations of the established Miami elite, is put into a jam by Agent Rask, forcing him to search for a fast escape from Miami.
Reluctantly, Nick is pulled into his father’s criminal dealings, the last thing he ever wanted, and as a result crosses paths both with FBI Agent Rask and, ultimately, invests in Izzy’s GenCoin project using his Dad’s dirty money. Once Izzy connects to Nick Talman (Adam Brody), the plot takes off.
Ronald Dacey who is a Haitian “gang leader” has a special, unique and unexpected role to play in the series. He is the human embodiment of the way the system favors the white collar criminals at the top, including the FBI, in this case, while the poor minority populations, epitomized by the tough Haitian ghetto in Miami, are forced into drug dealing and violent turf wars just to survive.
It turns out that Izzy, Nick and Ronald are not really that far removed from one another as they soon find out that a big chunk of the money Nick got from his Father turns out to belong to Ronald and his “gang”. The money was supposed to be laundered and managed by the bank where Nick’s father worked.
In an intense climax of the initial establishing episodes, the unlikely three, like a crypto-criminal Mod-squad end up as partners in the start up that they create to launch Izzy’s Gencoin.
GenCoin comes across as a kind of mini-Ethereum or alt-coin ahead of its time, and at the same time there is a dramatic interaction where the anti-government and grey-market potential and meaning of crypto is, albeit simplistically, superimposed on a critique of the social structures of the status quo.
Once again epitomized first by Miami corruption and criminal financial history as a way to underscore the desperate need, and also from the point of view of the show’s heroes, who decide to fight for a massive world changing digital transformation.
Though disconcerting at times, personal struggles and pain are superimposed over the passionate striving of the main characters
So, while all of this and the show in general, is dramatic with endless plot twists and great long-form character portrayals by the stars, particularly Ronald played by Edi Gathegi and Isabelle Morales played by Otmara Marrero, the correspondences that jump out during the show seem to emerge in strange and sometimes eerie ways.
For example, at one point they attend a huge “crypto convention” in Miami (first time in Miami after previously being held in LA) and, while they are not particularly successful in that instance, the size and stature of the show mirrors the conference that is happening literally as this article is being written (June 4-5, 2021) also in Miami (!).
While the BitCoin conference has been around since 2019, that year the number of attendees was only 1900 and is expected to be far more this year. While it is a coincidence that Miami was chosen in 2021 for the first time, it is a bit uncanny when watching a 5 year old episode where the exact conference is held in the exact location…
Another interesting corresondence has to do with events that transpire in the second and third seasons (spoiler alert). Through wild, dramatic twists and turns Gencoin is no longer the focus and the trio re-unite to launch a second tech project “Araknet” which is portrayed in the film as a kind of “dark-web 3.0 network”.
Interestingly, there are several very current projects that, while not directly a mirror of Araknet, have many of the same qualities and goals, though with less dramatic and sinister details. The biggest is that Dfinity and Internet Computer are trying to “extend”the current public internet network rather than launch a separate “private” Web 3.0 that has decentralized privacy at its core.
The DFINITY Foundation is a not-for-profit scientific research organization based in Zurich, Switzerland, that oversees research centers in Palo Alto, San Francisco, and Zurich, as well as teams in Japan, Germany, the UK, and across the United States. The Foundation’s mission is to build, promote, and maintain the Internet Computer.
One example is “Internet Computer” which is being developed by Dfinity, a start up in Switzerland. They are developing, in simplified terms a kind of blockchain based “internet 3.0” hence the cute catchy name.
Araknet promotional marketing from “StartUp” sounds again, bizarrely considering the time frame, like what you can read on the Dfinity web site today.
A slightly less direct correspondence is Helium. A project to crate a separate iOT network using long-range wireless nodes to create a decentralized wireless infrastructure.
The show emphasizes heavily the human drama and struggles of three special individuals as they try to find a path through a world of financial corruption, explosive technology changes and a disire to fight for freedom more so than individual wealth or power exclusively.
The show deserves its popularity and the attention it has been given. I would recommend it with the warning that the prophetic foreshadowing of today, while remarkable, is not the primary through-line of the narrative.
Three and a half million likes in less than 24 hours? Sure, if you are Jason Stratham on TikTok. And it’s the first video on a brand new account. The only video on the account so far. And you are dancing while you divulge your stats.
Looking at the comments, however, nearly 70,000 of them, a large number are asking “is this real”. Deep-fakes are most definitely real. Several accounts used Tom Cruise Deep-fake video to try to spoof an official TikTok account for the star. And a few stray clips of Brad Pit at a script reading spawned a series of fake accounts trying to look like Brad’s personal “rogue” account.
But, wait, there’s also Billie Eilish who started a “secret” personal account in November 2020 and posted some fascinatingly bizarre ukulele footage, apparently just for kicks, as she surely has no need for more publicity. The account was so unique and, well, strange, that it was hard to imagine that it could be fake.
Sure enough, yesterday what appears to be an outtake from her recent music video with some hilarious captions and stickers popped up on the, mostly dormant, account and has since gone viral. All of which pretty much cements the “it’s definitely real” theory.
As for Jason Statham? We are going to go out on a limb here and say that he is following Billie Eilish’s lead and this is a real account. The fact that there is a single video with a full body dance clip of what absolutely appears to be the star is a tip-off. Secondly if this is his head deep-faked onto someone else’s body, that’s a pretty perfect body double.
Also, the original sound mix seems to indicate that there was method that went the extra mile.
What’s your take? Send us comments or your detective results and let us know if you think this is real, like we do, or if this is just some amazing wizardry at a next level of deep-fake-ness, which thousands of comment writers on TikTok seem to believe…
Above: Official Trailer for “Wrath of Man” Credit: MGM
In addition to Statham, he is joined by a slew of actors including: Alex Ferns, Holt McCallany, Scott Eastwood, Jeffrey Donovan, Laz Alonso, Josh Hartnett, Niamh Algar, Raúl Castillo, Post Malone, Lyne Renee, Anthony Molinari, Deobia Oparei, Tadhg Murphy, Babs Olusanmokun, Darrell D’Silva, Chris Reilly, Matthew Illesley, Rebecca Calder, Jason Wong, Alessandro Babalola, Cameron Jack, Montana Manning, Rocci Williams, Josh Cowdery, and Eve Macklin.
Although a hit ‘The Bomber Mafia’ is less known than previous Gladwell bestsellers
With “Blink” (2007) and “The Tipping Point” as well as “Outliers” Malcolm Gladwell burst onto the scene with a new kind of popular non-fiction. Rather than being another single minded academic focused on a particular specific niche, it was in choosing what phenomena to study, and then taking his now patented unique approach, that he was able to excite and inspire the minds of millions of readers.
Drilling down into the exact aspects of his chosen topics to focus on just what made him choose them in the first place, and doing so with an excited air of adventure and discovery, Gladwell continues to delight, and for some, his entire body of work consists of one page-turner after another. Even his titles, like outliers and the tipping point, though in usage before, after he nailed them into more expansively defined concepts, were brought into more popular use and the widespread level of understanding to a whole new level.
Below we feature a broad selection, including his latest, for fan and the curious alike.
To make it easier they are featured front and center, below, along with descriptions, provided courtesy of the Bookshop (and the various publishers), and with some links for a variety of options of where to purchase.
The Bomber Mafia: A Dream, a Temptation, and the Longest Night of the Second World War
In The Bomber Mafia, Malcolm Gladwell weaves together the stories of a Dutch genius and his homemade computer, a band of brothers in central Alabama, a British psychopath, and pyromaniacal chemists at Harvard to examine one of the greatest moral challenges in modern American history. Most military thinkers in the years leading up to World War II saw the airplane as an afterthought. But a small band of idealistic strategists, the “Bomber Mafia,” asked: What if precision bombing could cripple the enemy and make war far less lethal?
In contrast, the bombing of Tokyo on the deadliest night of the war was the brainchild of General Curtis LeMay, whose brutal pragmatism and scorched-earth tactics in Japan cost thousands of civilian lives, but may have spared even more by averting a planned US invasion. In The Bomber Mafia, Gladwell asks, “Was it worth it?” Things might have gone differently had LeMay’s predecessor, General Haywood Hansell, remained in charge.
Hansell believed in precision bombing, but when he and Curtis LeMay squared off for a leadership handover in the jungles of Guam, LeMay emerged victorious, leading to the darkest night of World War II. The Bomber Mafia is a riveting tale of persistence, innovation, and the incalculable wages of war.
Talking to Strangers: What We Should Know about the People We Don’t Know
How did Fidel Castro fool the CIA for a generation? Why did Neville Chamberlain think he could trust Adolf Hitler? Why are campus sexual assaults on the rise? Do television sitcoms teach us something about the way we relate to one another that isn’t true? Talking to Strangers is a classically Gladwellian intellectual adventure, a challenging and controversial excursion through history, psychology, and scandals taken straight from the news.
He revisits the deceptions of Bernie Madoff, the trial of Amanda Knox, the suicide of Sylvia Plath, the Jerry Sandusky pedophilia scandal at Penn State University, and the death of Sandra Bland–throwing our understanding of these and other stories into doubt. Something is very wrong, Gladwell argues, with the tools and strategies we use to make sense of people we don’t know.
And because we don’t know how to talk to strangers, we are inviting conflict and misunderstanding in ways that have a profound effect on our lives and our world. In his first book since his #1 bestseller David and Goliath, Malcolm Gladwell has written a gripping guidebook for troubled times.
David and Goliath: Underdogs, Misfits, and the Art of Battling Giants
Three thousand years ago on a battlefield in ancient Palestine, a shepherd boy felled a mighty warrior with nothing more than a stone and a sling, and ever since then the names of David and Goliath have stood for battles between underdogs and giants. David’s victory was improbable and miraculous. He shouldn’t have won.
Or should he have? In David and Goliath, Malcolm Gladwellchallenges how we think about obstacles and disadvantages, offering a new interpretation of what it means to be discriminated against, or cope with a disability, or lose a parent, or attend a mediocre school, or suffer from any number of other apparent setbacks.
Gladwell begins with the real story of what happened between the giant and the shepherd boy those many years ago. From there, David and Goliath examines Northern Ireland’s Troubles, the minds of cancer researchers and civil rights leaders, murder and the high costs of revenge, and the dynamics of successful and unsuccessful classrooms—all to demonstrate how much of what is beautiful and important in the world arises from what looks like suffering and adversity.
In this stunning book, Malcolm Gladwell takes us on an intellectual journey through the world of “outliers”–the best and the brightest, the most famous and the most successful. He asks the question: what makes high-achievers different?
His answer is that we pay too much attention to what successful people are like, and too little attention to where they are from: that is, their culture, their family, their generation, and the idiosyncratic experiences of their upbringing.
Along the way he explains the secrets of software billionaires, what it takes to be a great soccer player, why Asians are good at math, and what made the Beatles the greatest rock band. Brilliant and entertaining, Outliers is a landmark work that will simultaneously delight and illuminate.
The Tipping Point: How Little Things Can Make a Big Difference
The tipping point is that magic moment when an idea, trend, or social behavior crosses a threshold, tips, and spreads like wildfire.
Just as a single sick person can start an epidemic of the flu, so too can a small but precisely targeted push cause a fashion trend, the popularity of a new product, or a drop in the crime rate.
This widely acclaimed bestseller, in which Malcolm Gladwell explores and brilliantly illuminates the tipping point phenomenon, is already changing the way people throughout the world think about selling products and disseminating ideas.
Clickbait is not exclusive to smaller news organizations, apparently
With titles like “Long Awaited UFO Report is Here” major news outlets are blowing up a leak, sighting “senior administration officials briefed on the findings” of the as yet unreleased report.
Taking a subject, already shrouded in mystery and intentionally misleading readers is not particularly professional but , unfortunately, par for the course when it comes to this subject.
The report is referred to universally as “highly anticipated”, which, yes, it is. That would also appear to be the incentive to relabel a round-up of mainly already reported facts and quotes as definitive.
What is, somewhat, new is the confirmation, again by those senior administration officials briefed on the findings, that there are no secret U.S. government technologies responsible for the Unidentified Aerial Phenomena (U.A.P.) or UFO incidents. However, that is only said to be true of the “vast majority” of the more than 120 incidents.
As published in prior articles, including by Lynxotic, there are three “likely” potential sources for the unexplained phenomena:
secret U.S. technology,
an adversary’s spy vehicle
something otherworldly
To break down what these initial leaks quoting the as yet to be released report have on these three would basically be as follows. As quoted above “the vast majority” (thought apparently not all) did not originate from secret U.S. technology.
Although there is known research being done in “hypersonic”, mainly by Russia and China, and there is a “worry” that this could be one explanation, if true it would mean that those countries technology is not only a well kept secret, but also far beyond any current U.S. capability.
As for the third option, the leaks emphasized that though “difficult to explain” there is no proof that aliens are responsible.
Not all outlets are making light or obfuscating, but struggling with what can be stated as fact
The New York Times story on what is as of yet known of the contents of the report, likely the source for others quoted above, and that article has a clearer title and “spin” on the situation:
radio transmission “Whoa, got it — woo-hoo!” “Roger —” “What the expletive is that?” “Did you box a moving target?” “No, I took an auto track.” “Oh, OK.” “Oh my gosh, dude. Wow” “What is that man?” “There’s a whole screen of them. My gosh.” “They’re all going against the wind. The wind’s 120 knots from west.” “Dude.” “That’s not — is it?” “inaudible” “Look at that thing.”
If all of this is broken down, there is very little that is new or noteworthy in the revelations other than a kind of preview of the stance the report is likely to take.
Talking about this à laRumsfeld with the patter boiling down to terms like “known unknowns” and “Unknown unknowns” is not the reason, obviously, that the report is “highly anticipated”. This is where the reality of this tricky category of information enters the discussion.
For example: If the kind of ultra advance technology had any of the above three sources would these realities actually be released and admitted to in an unclassified report?
Gov speak will always echo Rumsfeld
Imagine the report confirming the existence of aliens, even the strong likelihood of the same? Panic and a host and variety of potential public responses would be enough to justify keeping that classified. And if it was U.S. technology? That would be an obvious example of something that could not be leaked or admitted, unless there was a desire to use it for saber rattling or other political strategy.
And if it was true that this ultra advanced capability was to be in the hands of a potential foreign adversary? Cue the panic and consternation once more.
So what could be divulged? Apparently there is a desire to confirm publicly and in this unclassified report just what can not be said – that these numerous instances are with 100% certainty an illusion or malfunction of our people or measurement technology.
That, once again, is certainly something. For example, if it were to be admitted that there were flaws or limitations to our various high tech mechanisms to observe and measure flying objects, that would, in and of itself, be an admission of failure and lack of functionality of the devices and systems.
As the NYT subheading states: “A new report concedes that much about the observed phenomena remains difficult to explain, including their acceleration, as well as ability to change direction and submerge.”
If the “difficulty” to explain these parameters, observed by pilots and aircraft recording systems on multiple occasions (and apparently with increased frequency) is due to the lack of sophistication of our abilities to observe and measure, that is already an admission that, while this phenomena is “real” to the best of our knowledge, we do not, as of yet, possess the ability to see or record it in a way that can explain what it is.
The end and beginning of the future
And voilà! We are back to the definition of UAP and UFO: Unidentified.
And, as frustrating as all of this can be, somehow there is, under layers of caution and reticence, an admission of something here. The admission that, whatever these sitings are of, it would be in our interest to try and find out, and to take the effort to study these incidents seriously from now on, not just make jokes and relegate these questions to some kind of “anti-science” fantasy from a fictional story.
If nothing else, it is that revelation, that there is a strong, solid reason for this report to even be ordered and carried out, that moves us forward into a new era that might well, eventually, reveal some astounding information on these craft. Very fast, very nimble and very mysterious UAP craft.
Norton has announced integrated Ethereum mining software
Norton Antivirus software, and the company that makes it, NortonLifeLock , best known for being bundled annoyingly in new Windows computers, has announced via press release that they intend to bundle a feature they call “Norton™ Crypto”.
The feature which they say will be added to Norton360 starting tomorrow for “early adopters” to begin mining from within the already installed software.
They are also, with a very helpful tone, declaring that they will also bundle an ethereum wallet which will be safely stored in “the cloud” so it won’t be lost.
They do not specify any minimum computing requirements but they do say that :
“Norton Crypto is expected to become available to all Norton 360 customers1 in the coming weeks.”
Yo’ dude this shit’s getting real
So, although this comes off as a somewhat desperate attempt to try and maintain relevance after likely millions of forced installations are never monetized (just a guess) it nevertheless could send millions of civilians into crypto mining without “just a few clicks”.
This brings up so many questions immediately it’s a bit mind-boggling. Although the first media reactions, predictably, mention “environmental” issues and take a negative tone, doubting why anyone would want to risk “taxing” the computer’s GPU for such a task.
Of course questions such as how mining efficiency would be affected by millions of “micro-miners” there is also the question of why wouldn’t a virus software subscriber want to essential use their idle computer resources to pay for the software itself (cut to happy Norton execs congratulating themselves on the genius idea).
Above:Photo Credit / Norton
Could there be another story here? Mainstream experience with crypto, demystifying the blockchain?
Further and more interestingly. If more mainstream software companies and even service subscription software companies follow suit and millions if not hundreds of millions of average people begin collecting small months ethereum “dividends”, even if only $10 per month, how easy is it to put the Genie back into the bottle, so to speak?
When millions are not “irresponsibly” using dollars or euros to purchase cryptocurrencies, but rather, instead “earn” a few extra dollars, once the coins are traded for local “hard” (read: fiat) currencies, here and there for each computer or GPU they own, can the whole thing, like green stamps, air miles, credit card loyalty program be suddenly outlawed?
As appears everywhere more and more on a daily basis, isn’t crypto, via Bitcoin, Ethereum and many various alt coins, become more and more woven into the financial system? Isn’t the number of people who own, buy or even mine crypto exploding exponentially on a daily basis?
Isn’t this just one more sign that the trend of crypto becoming “normalized” and woven more and more deeply into the fabric of our lives is not likely to reverse itself?
Yes. That’s the answer. More news tomorrow, probably.
The evolution of content continues at warp speed due to pure individual creativity
By now, the open algorithm, where a new account can blow-up in the first week because videos are not pre-judged by past performance or prior stats is well known and a huge draw to creators.
The apps and filters and tricks that are provided by the software are also extremely enticing. There are many videos (“TikToks”) that feature how-to and DIY tips for using various hacks to get SFX into your clip.
But, by far, the biggest draw and quality that most sets TikTok apart from virtually all other social media is the character of the creators themselves. And the diverse and unique spectrum of what can be perceived as successful and popular on the app is a creation of the creator and user community itself.
The contrast with Instagram and Facebook couldn’t be more extreme
After sampling 20 hours of TikToks a year ago and comparing those to today, what stands out most is how the same qualities that seemed like a blast into a different universe a year ago, compared to what came before, are now much more developed and refined, if a concept like refinement can be applied to absolute quirky free expression.
What stands out is the level that creators are embracing the platform, not just to get seen and build stats, and possibly influence earning potential, but to communicate. With sometimes almost shocking honesty what they really believe in and and especially who, exactly, they are. That confidence is contagious and gives the experience an addicting quality, and yet, it’s a more positive addiction than any other social media experience.
Most intriguing, from a journalists point of view, is how highly intelligent, mostly self-educated creators are devoting enormous energy toward propagating highly valuable, yet often overlooked, insights about society, finance, internet business, wealth and, well, life itself. All without concern for an immediate reward.
There’s an electric feeling that, once given a platform and a megaphone, the chance exists for a world of information and constantly changing ideas to be rescued from the bland pit of ignorance and convention that is the weakness with most of media product.
Above: 3 TikTok Creators / Photos from TikTok
A faint echo of hope, bouncing back from the dream of a better future
News and media web sites, that bend and contort content choices out of fear of revenue reductions, are rightfully lambasted and called-out for lack of coverage in areas that are critically important and yet given scant or negative coverage.
The ethos of being yourself, with or without glamor, and still be accepted, or even rising to the top echelons of stat-killing influencers, is not just a theoretical fairytale but is a visible reality all across the community.
You just have to look at what is popular, or even just showing viewer interest generally, and you’ll see incredibly creative people who made the choice to double-down on their uniqueness, rather than trying to conform to some social standard of bland attractiveness or fake charisma.
Because of the emphasis on the “content” of the content, for the most part, rather than slick visuals and production values, or a fake self-aggrandizing fantasy image bolstered by props like mansions, hot cars, make-up and wardrobe, etc. there’s a feeling that great clips will be rewarded for authenticity, more often than not.
The ethos and attitude that pervades the experience as a passive user is an organic outgrowth, in part, of the openness of the algorithm, and appears to be a more honest reflection of what people will “like” if not manipulated with dark patterns and all of ‘Zuckerbergian’ tricks.
Above: 3 TikTok Creators / Photos from TikTok
Don’t mess with the recipe: just let it grow and evolve
Of course, no app or community is perfect and the best of what is happening on TikTok could disappear at any time. On the whole, however, it seems like the app is now locked into a situation where if TikTok were to lose that “magic”; the magic created by the community of creators themselves, it would destroy the actual formula that built the success of the platform.
And, hopefully, that reality will therefore prevail and will continue and allow millions of creators to grow, share insights and evolve together into a force that could, one day, make the rest of social media adopt at least some of those positive qualities, in order to maintain their own fan base and popularity. Or they will just disappear, to be replaced by a new type of online exchange that has not yet been conceived.
The TikTok indicator is saying crypto is here to stay…
It was, astoundingly, less than a month ago, May 8th, 2021, that Ethereum reached an all time high of $4,169. That was two days after Dogecoin, full of Musk momentum, hit .69 cents, after starting the year around .10 cents. Bitcoin had peaked about a month earlier at $63,674 on April 12th.
As is so often seen in manias, bubbles and feeding frenzies, at the time you could not find a person in America who was not talking about crypto. The proverbial shoe-shine boy was now your cousin, your uncle even your grandmother and they were all bursting with FOMO after reading the articles, especially the ones about the Dogecoin millionaires, who had made fortunes starting with a tiny sum.
Now, many of those same people are seeing a typical reversal, correction, bear phase, whatever you want to call it, and they are just as convinced of crypto’s demise today as they were that it was a sure-thing less than a month ago.
The kids get it and are not backing down
Much like TikTok itself, the later arrivals to the huge phenomena that is Crypto are the old and out-of-touch, not the young and fast. Interestingly, an anecdotal survey of young and successful crypto “influencers” on TikTok and other social media are not shocked about the downturn. They get it.
Many have been learning about and actively involved with the crypto world for years. There is a real sense that the corrupt events that led to the financial crisis and near collapse in 2008 shaped their thinking and hardened their resolve to search for a better way. Crypto’s ideals and independent foundations have provided that in a real, tangible way, it seems.
While the mainstream of the media and the bulk of the financial establishment swing from an almost grudging respect to complete derision and rejection, it appears to be the underlying concepts and ideologies that present such a stark contrast in the perspective of up and coming generations.
While perhaps no less vulnerable to the excitement of 20,000 % gains and other sensational enticements, there is a somewhat surprising depth and resolve that is demonstrated in a level headed and clear thinking allegiance to the reasons crypto was created in the first place.
The outlandish price gains (and drops) are only window dressing
At the core of the question of crypto’s eventual widespread adoption and long term success lies a simple truth: fiat currencies and the governments that print them are a big problem for the world’s future. And, naturally, the new generations of the future will be those that are most affected.
What Elon Musk recently called “The true battle… between fiat & crypto” is one that Gen-Z appear to understand in ways that 100-year-old billionaires like Warren Buffet and his side-kick Charlie Munger do not. Or maybe they just side with the financial establishment they helped build, to the bitter end.
For any reading this that also “get it”, it would be wise to understand that, even at this early phase in the future of “the true battle” there is an army rising. It is not one of suicidal fossil fuels and battlefield tanks but one of ideology and belief in the possibility of a better way.
The army that will stand up for the survival and continued development of cryptocurrencies and blockchain and “DeFi” are not a few random conscripts, they are the generations of the future and they have chosen a side.
For that reason, all signs point to an unlikely permanent collapse of cryptocurrencies and an impossibility of banning or stopping them. It is already too late to prevent their eventual rise.
Which new series and films are looking like a good bet to stream this month
These days, it seems at times like finding something worth watching, and, more importantly, devoting precious free time to, can be a challenge. Sure, you can just randomly try the next thing in your recommendation queue and take your chances.
We’ve all been there; a tried and true classic we know is pretty good but we’ve seen it three times or a new item, marketed hard by the platform, but of unclear quality or interest. Sometimes you find a gem, by sheer luck. Other times it takes some deep digging to come upon an acceptable risk profile. The last thing we want is to get twenty minutes into a film, or worse yet, a unknown series, and have to “abort plan” due to low quality or just a theme that doesn’t tickle our fancy.
With some luck, and based on prior research and experience, the recommendations below might fit the bill. “Lupin” was a bonafide smash hit and, as any who devoured the first season can attest, once hooked, this series is a top notch binge-fest. Hopefully season two will turn out to be as good.
Based on prerelease buzz, the cast, the concept and the trailer, “Awake” looks quite interesting so far. A bit in the direction of “Bird Box” another big success for Netflix, it will be the differences, rather than the similarities that will be the test.
“Sweet Tooth” is already stirring discord among reviewers and the press. Perhaps due to the “sacred” and known DC Comic origin, and the pedigree of the production team, while the critics wariness could be warranted, it’s interesting enough to give this one a good test run before discounting it out of hand…
Lupin: Part 2– Netflix Original Series – 6/11:
Assane’s quest for revenge against Hubert Pellegrini has torn his family to pieces. With his back to the wall, he now has to think of a new plan, even if it means putting himself in danger.
Awake – 6/9:
Chaos ensues after a global event wipes out all electronics and takes away humankind’s ability to sleep. But Jill (Gina Rodriguez), an ex-soldier with a troubled past, may hold the key to a cure in the form of her own daughter.
Sweet Tooth – 6/4:
Based on the beloved DC Comic, and Executive Produced by Susan Downey & Robert Downey Jr., Sweet Tooth is a post-apocalyptic fairytale about a hybrid deer-boy and a wandering loner who embark on an extraordinary adventure. All episodes of Sweet Tooth premiere June 4th, 2021, only on Netflix.
Workin’ Moms (Season 5) – 6/15
Warm, loyal PR executive Kate and her longtime friend, no-nonsense psychiatrist Anne, attend a judgmental mommies’ group, where they meet timid IT tech Jenny and blindly optimistic real estate agent Frankie. The four quickly form an unlikely friendship, sharing struggles of urban motherhood filled with the chaos of toddlers, tantrums, careers, and identity crises, all while trying to achieve the holy grail: a sense of self.
There’s a joke somewhere in here but it’s hard to see it through the tears
Woody Allen’s onscreen counterpart, Alvy Singer, complaining about Hollywood Award Shows in “Annie Hall” remarked that a category of award for “Greatest Fascist Dictator” would not surprise him, and that Adolf Hitler would probably win.
Amazon, viewed from some neutral future date or by aliens from another planet would surely win the award for “Greatest Company to Amass Wealth & Power by Intentionally Losing Money” award. Or maybe just “World’s Biggest Ponzi Scheme”.
For now the fawning books and articles on the greatness of “Bezos’ Behmouth” continue to pile up.
An exception to the fawning fan fiction is “Monopolized: Life in the Age of Corporate Power” by David Dayen. The author also commented cogently on the current situation with Amazon and MGM. His thoughts shed much needed light on the simple and yet sadly overlooked truth about Amazon: its core mission is to monopolize not just online sales but all transactions that take place in the economy where a “cut” of those transactions can be extracted.
What’s with all these awards? They’re always giving out awards. Best Fascist Dictator: Adolf Hitler. — Alvy Singer
This viewpoint, it would seem, can be traced back to a rare case where Jeff Bezos let his guard down and accidentally explained a core concept of the Amazon business model.
He said, simply: “Your margin is my opportunity”.
With this seemingly innocuous and widely misinterpreted phrase he unleashed the dogs of hell on the world of commerce. The MGM deal, according to Dayen, who is also editor of The American Prospect, is yet another attempt to gut an industry with techniques designed to use predatory pricing strategies to crush all rivals.
The sub-head from his article states: “The company wants to control pricing on everything, and funnel as many transactions to itself as possible.”
Meanwhile, somehow, this statement is finally being generally understood in its real context.
Yet what is astounding is that this is not a supposition or an accusation, but rather is a stated fact, and how this company has behaved and operated for decades.
Putting 2+2 together, the common interpretation that there is an “innocent” pro-customer meaning possible, is finally being seen for the absurdity that it is.
Simple, Effective and Disgusting: Selling below cost or at a loss to harm competition
We’ve seen how that goes. In this case, since Amazon does not make any data available on the profitability of various business segments, using nearly $9 billion to enhance its “free with Prime” business creates yet another loss-leader opportunity to destroy the margins of all other streaming platforms, who, like other businesses actually have to make a profit or at least break even, unlike Amazon due to its cross-subsidization of products and services.
Amazon wants to control all economic activity in the United States and the world. It wants a cut of every transaction. — D. Dayen
Amazon as “cross-subsidized content devourer” is how Dayen described the inevitable outcome of the deal in his article.
He also succinctly argues that by using its virtually unlimited power and resources to devour an ever larger share of the market, ultimately the result will be to drive up costs for competitors (for I.P., production and star power) and achieve the goal of squeezing the already slim margins for those poor schmucks (or rich schmucks like Disney, HBO, Netflix, etc.) that don’t have an unlimited budget for intentional losses.
The playbook is so obvious and familiar that it’s almost laughable. That is, if not for the death and destruction that always follow in the next chapters of this plot schema.
They pick on an established industry where no one will have sympathy for the rich victims – did anyone feel sorry for Borders or other large book retailers? Does anyone cry over the loss of Diapers.com or Quidisi? When Birkenstock complains does anyone listen?
How can gutting the streaming industry or unassailable giants like Disney and HBO be bad? Isn’t it just capitalism at its finest? Should we start preparing the award now for “Greatest Consolidator of Content in History”?
But what about the “loss leader” system? What about the ultimate outcome of less competition and higher prices overall, an obvious harm to consumers, regardless of how stupid and convoluted the route is to get there?
By moving the market in a way that will make streaming a terrible business for any company that has to compete with this, “oughta be illegal” script, margins will, if the gambit succeeds, face a similar fate to the one that anyone who used to be in the retail book industry, or any of the other entire industries that Amazon has received kudos for destroying, knows all too well.
Dayen also makes the point that, once this thinly veiled ploy is seen for what it is, the harm, not only to Amazon’s competitors but to the general public, should be obvious and impossible to ignore.
Citing the similarities with the recently brought antitrust action by the Washington, DC attorney general, it is exactly this kind of pernicious practice, that Amazon has not only gotten away with for decades, but Bezos has been lionized for “inventing”.
That lawsuit, which deals with an Amazon clause in 3rd party marketplace terms and conditions (since altered to disguise its true intent) that 3rd party sellers must sell anywhere outside Amazon’s marketplace at the same or higher price that they have listed on Amazon, is a sign of a gradual shift toward seeing the real meaning of Amazon’s behavior.
Since there are massive, exorbitant fees added to every transaction for all 3rd party sellers, the only way for them to make any profit at all is to tack on the cost of those fees, meaning artificially higher prices.
Amazon has ways to retaliate through “dark patterns” of its own special stripe, by manipulating buyers behaviors on its web site, making sure that sellers that don’t toe the line will get, essentially, zero sales.
For Amazon this kind of bullying and blackmail is a “win-win-win”. They see and have tattooed into their DNA all pain, suffering and loss for anyone other than the company (AMZN) as a gain for them.
3rd party sellers caught in hell trying to survive while paying fees up to 43% or more without recourse to try and recoup by selling anywhere else at lower prices?
Amazon congratulates themselves. Sellers undercutting each other, in spite of those fees in an effort to behave like a “mini-Amazon” and getting into a race to the bottom death match with each other? Yippee! Great for Amazon, when they are dead, there are always new victims waiting in line to enter the cage.
How about sellers that obtain goods illegally, counterfeit, illegal imports, stolen products, remainders and aftermarket overstock? They are GREAT for Amazon because they put even more pressure on the individual, honest sellers to immolate themselves trying to survive (and eventually die via pricing suicide) while Amazon can claim to be offering lower prices!
Oh, and when they “do their best” to stop all those illegal sellers, albeit at a snails pace, they are bailed out by section 230 and can point to their “partners in crime”, the counterfeiters, the knockoffs from China, the illegal imports and the stolen and aftermarket goods and say: “We tried our best, these are just a few bad apples” laughing all the way through every board meeting.
“Your margin is my opportunity”, indeed.
Above: Photo Collage by Lynxotic
There are no mitigating factors here. There is no “good guy” or customer obsessed hero. Just evil and the dead or dying. Wake the fuck up, America.
The praise and adulation continues, even as the $400 million yacht is being prepared for its maiden voyage
It’s as if Bezos is given award after award for the “genius” of selling 1$ bills for .75 cents. Championed for using a strategy that masquerades short term margin destruction as “customer obsession”, pretending that the dumping levels of pricing won’t in the long run flip into price gouging and the destruction of competition.
Somehow the massive detriment to consumers and the society at large is overlooked amid all the parties celebrating the “genius”.
But have the chickens finally come home to roost? Is anyone seeing a pattern of systematic use of the same tactics over and over, applied to each and every sector that Amazon chooses to “disrupt”? They didn’t get the nickname “grim reaper” for nothing. The problem is that it was meant as a compliment.
It is a sea change in the antitrust orientation, a sea change that is desperately needed, and with Lina Kahn and Columbia Law School professor Tim Wu, it might be just over the horizon. Could even have a chance to come about.
That change, so long overdue, could finally begin the process of dismantling the damage wrought and and still to come, if there is no interdiction.
The worm will eventually turn. When? After decades of obvious abuse and criminal behavior, completely and willfully ignored (too complicated to see).
Will there eventually be so many victims that they will outnumber the duped and the sycophants? Stay tuned.
This is a world where four major banks control most of our money, four airlines shuttle most of us around the country, and four major cell phone providers connect most of our communications. If you are sick you can go to one of three main pharmacies to fill your prescription, and if you end up in a hospital almost every accessory to heal you comes from one of a handful of large medical suppliers.
Over the last forty years our choices have narrowed, our opportunities have shrunk, and our lives have become governed by a handful of very large and very powerful corporations.
Today, practically everything we buy, everywhere we shop, and every service we secure comes from a heavily concentrated market.
Dayen, the editor of the American Prospect and author of the acclaimed Chain of Title, provides a riveting account of what it means to live in this new age of monopoly and how we might resist this corporate hegemony.
Through vignettes and vivid case studies Dayen shows how these monopolies have transformed us, inverted us, and truly changed our lives, at the same time providing readers with the raw material to make monopoly a consequential issue in American life and revive a long-dormant antitrust movement.
Above: “Brokeback Mountain” / Photo Credit / Focus Features
Sitting on top of the heap of ultra successful streaming giants Netflix must spend and produce more and more content to keep up with views that binge watch new movie titles and even series as fast as they arrive, it seems. It’s given that the deluge of new arrivals helps to reduce the feeling of frustration that can arise when you are searching for something you have yet to watch, but it feels like hours go by, with little new to consider.
With a large number of new titles coming down the pipeline each month, and spread out in terms of release dates presumably in order to prevent a bulge in the first week, at least there is a chance that something completely new, or at least new to the classic library of titles on the streamer, will pop up in the browsing selection.
But what if you don’t stumble across a great, classic title and it is removed, perhaps permanently, before you had a chance to see it? To help pay for the many new titles that are always being added, and produced from scratch, the library must also be culled on a continuous basis. And as we all know by now, often the older classic titles outshine the more recent productions, sometimes with aging, half interested stars and “direct-to-streaming” titles and directors.
Fortunately, this month the last day falls on a Monday and it also comes in direct proximity to a 3-day weekend for Memorial Day, so we have a bit more time to warn you about what you might want to see, before it’s too late.
Netflix had a huge release of new titles for May 2021, 90 to be exact, that were added to the platform. As the end of the month rapidly nears, 20 titles will be leaving to make space in the budget for the June 2021 arrivals.
Therefore, be sure you don’t miss out on the titles below. We have provided trailers and a synopsis for a few select choices, since they are classic movies boasting high-profile stars. Examples such as Drew Barrymore and Adam Sandler in “50 First Dates”, “Meryl Street and Amy Adams in “Julie & Julia” and Jake Gyllenhaal, Heath Ledger, Michelle Williams and Anne Hathaway in “Brokeback Mountain” give you a taste and the full list also follows below.
Comedy, Romance, Action, Historical, Horror, Thriller are all on the list.
The list of titles leaving Netflix also includes award-winning films such as: “Milk”, “Miracle” and “The Pursuit of Happyness”.
Below are the titles that will officially be gone from the platform on May 31st at midnight:
Brokeback Mountain
In 1963, rodeo cowboy Jack Twist (Jake Gyllenhaal) and ranch hand Ennis Del Mar (Heath Ledger) are hired by rancher Joe Aguirre (Randy Quaid) as sheep herders in Wyoming. One night on Brokeback Mountain, Jack makes a drunken pass at Ennis that is eventually reciprocated. Though Ennis marries his longtime sweetheart, Alma (Michelle Williams), and Jack marries a fellow rodeo rider (Anne Hathaway), the two men keep up their tortured and sporadic affair over the course of 20 years.
50 First Dates
Playboy vet Henry (Adam Sandler) sets his heart on romancing Lucy (Drew Barrymore), but she has short-term memory loss; she can’t remember anything that happened the day before. So every morning, Henry has to woo her again. Her friends and family are very protective, and Henry must convince them that he’s in it for love.
The Help
In 1960s Mississippi, Southern society girl Skeeter (Emma Stone) returns from college with dreams of being a writer. She turns her small town on its ear by choosing to interview the black women who have spent their lives taking care of prominent white families. Only Aibileen (Viola Davis), the housekeeper of Skeeter’s best friend, will talk at first. But as the pair continue the collaboration, more women decide to come forward, and as it turns out, they have quite a lot to say.
Milk
In 1972, Harvey Milk (Sean Penn) and his then-lover Scott Smith leave New York for San Francisco, with Milk determined to accomplish something meaningful in his life. Settling in the Castro District, he opens a camera shop and helps transform the area into a mecca for gays and lesbians. In 1977 he becomes the nation’s first openly gay man elected to a notable public office when he wins a seat on the Board of Supervisors. The following year, Dan White (Josh Brolin) kills Milk in cold blood.
The Pursuit of Happyness
Life is a struggle for single father Chris Gardner (Will Smith). Evicted from their apartment, he and his young son (Jaden Christopher Syre Smith) find themselves alone with no place to go. Even though Chris eventually lands a job as an intern at a prestigious brokerage firm, the position pays no money. The pair must live in shelters and endure many hardships, but Chris refuses to give in to despair as he struggles to create a better life for himself and his son.
Act of Valor
All Dogs Go to Heaven
The Blair Witch Project
The Boy
Deliver Us from Eva
I Now Pronounce You Chuck and Larry
Julie & Julia
Above: “Julia & Julia” / Photo Credit / Columbia Pictures
Marauders
Miracle
National Lampoon’s Christmas Vacation
Prosecuting Evil: The Extraordinary World of Ben Ferencz
The Scorpion King 2: Rise of a Warrior
The Scorpion King 3: Battle for Redemption
Soul Surfer
Striptease
Waiting…
Above: “Striptease” / Photo Credit / Warner Bros. Pictures
How many times have you searched or browsed the various suggestions prepared for you by the Netflix algorithm, only to get lost in confusion? Perhaps it’s a little like a self-driving car or a spell-checker, when it works you feel magically guided to your destination (or spelling) but when it doesn’t work, you are likely in trouble.
Choosing the newest or the most watched is no fool-proof either. Often, when a better movie rises organically to the Netflix top ten, it’s an older film that people discovered all at once, for some reason, rather than a new release or “original” production.
Such was the case when, after I made a series of unwatchable depressing choices, and then stumbled on “The Professor and the Madman”.
In this time of mandatory streaming, big screen production values are more important than ever
Unlike many featured Netflix titles which come across as budget-conscious direct to streaming productions the fist thing noticeable in the opening sequence is that this is a “real movie” with a serious cinematic presentation. It only gets better from there.
Above: Photo / Netflix
Starring Mel Gibson, Sean Penn, Natalie Dormer, Eddie Marsan, Jennifer Ehle, Jeremy Irvine, David O’Hara, Ioan Gruffudd, Stephen Dillane, Laurence Fox, and Steve Coogan, there’s a rare combination of megastar acting talent in a setting that is both age appropriate (the lead characters are both late in life as the drama unfolds) and produced with absolutely impeccable and ensemble acting.
Unlike so many films that appear to have a concept that was half based on a calculation in the production budget – for example “An Imperfect Murder” and “The Midnight Sky” which seem to reduce the number of characters and screen time as a way to produce something with a higher change of recouping costs and producing profit, rather than any artistic or aesthetic inspiration, “The Professor and the Madman” is a full cinematic experience that translates to any screen.
Above: Final Official Trailer / A Quiet Place Part II
Will you venture out into theaters to watch Part 2…?
Over a year of release date delays, “A Quiet Place Part II” is has finally made it to theaters, Paramount Pictures stuck to its May 28, 2021 release date. Check out the final official trailer for the sequel below if you are considering venturing out to the movies. Along with the trailer, below is a featurette with a sneak peak of what’s to come, along with some behind the scenes/ commentary.
Director and costar of the first movie, John Krasinski comes back in front of camera to personally invite audiences to scream alongside fellow horror fans.
“It was always designed for a theatrical experience,” Krasinski promises. “It’s much bigger. It’s a much scarier movie.”
“You want to watch it in the dark,” star Emily Blunt adds, “jump and leap and gasp together.”
“A Quiet Place Part II” was initially scheduled for a 2020 theatrical release, but, as we all know, 2020 plagued movie theaters as a result of the coronavirus pandemic. Paramount, therefore opted to delay the movie a full year until 2021.
“A Quiet Place Part II” will be released exclusively in theaters and will not be featured as a title for VOD and streaming. Instead, with Paramount’s new agreement, the movie will be in theaters and then provide streaming the streaming option on Paramount+ 45 days after the premiere in theaters, meaning 45 days hence, in July.
Above: Photo Credit Lynxotic collage with Photo by Sadman Sakib on Unsplash
Visible in the Western U.S. states early Wednesday
This kickoff to the Lunar eclipses for the year will be the fantastically named “Super Flower Blood Moon”. Although the visibility during the eclipse will vary across the nation, the west coast will have a great, bright vantage, where clear skies oblige.
Also, unlike solar eclipses the Lunar variety is completely safe to view with the naked eye. Just watch your forecast as clouds vs. clear skies will be the determining factor when it comes to visibility.
The “flower” moniker is perhaps less significant than it sounds, but no less poetic. Call the flower moon due to that simple fact that it occurs in late May, coincident with the spring bloom.
Although there were four penumbral lunar eclipses in 2020, they were less spectacular that what is anticipated for the one we will get on May 26th. That’s because this month’s total lunar eclipse will have a more obvious darkening phases as the moon passes through the umbra, Earth’s inner, darker shadow.
The eclipse will be at least partly visible in the Americas, Australia, New Zealand and Asia, while the total phase will only be seen from some of these locations. In the case of North America, the eclipse’s total phase, the time during which the moon turns orange or red in color, will only be seen from the western U.S., British Columbia, Alaska and parts of western Mexico.
Alternatively, if the full Super Flower Blood Moon has got you curious but you are not in the ideal spot to view from your backyard, livestreams will be hosted by observatories and astronomers around the world.
The west coast is the best coast for this moon
The rest of North America will only see the first part of the eclipse before the moon will set in the western sky. There will still be something worth seeing but it will be a partial view of the entire event.
If you are in the Los Angeles area Wednesday morning these are points worth noting:
Total duration: 4 hours, 6 minutes
Penumbral begins: 1:47 a.m. Wednesday
Partial begins: 2:44 a.m. Wednesday
Full begins: 4:11 a.m. Wednesday
Maximum: 4:18 a.m. Wednesday
Full ends: 4:25 a.m. Wednesday
Moonset: 5:52 a.m. Wednesday
If you are a photographer please be aware that the moon, at any time, is hard to capture without powerful telephoto lenses. A cell phone will retrieve an image but the distant orb will be far more visible with magnification.
The moon has many meanings and astrologically the event is significant also
Any discussion of all things lunar, blood moons and eclipses would certainly be congruent with a taste of the astrological perspective. We have it on good authority that this will be a Sagittarius full moon. There haas been prognostication that this will be a very challenging and “difficult” full moon eclipse, there are also signs that it will mark triumphs for some in the career dept., even accolades and awards.
A “major project” could be coming to a happy conclusion. As is always the case with Full moon lunar eclipses, if things are unclear and seem oddly incomplete, waiting 30 days can often bring the resolution that you are awaiting.
Above: Photo by Michael Krahn on Unsplash with elements added by Lynxotic
Coming after a frenzied run-up the hand wringing is no surprise
I many ways it seems as if Bitcoin and Cryptocurrencies appeared suddenly in 2021 out of the head of Zeus. Protean and fully formed, with billions and trillions in market caps, and all your sisters, brothers, cousins and even the Uber driver climbing aboard.
And the FOMO blog posts, where every hour an innocent reader is assaulted by a story, perhaps true, perhaps exaggerated and certainly foolhardy in retrospect, of an innocent putting their life savings into Dogecoin and suddenly having, theoretically, huge gains at their disposal.
Meanwhile, craggy faced, ancient stock market mavens would interject famous last words that now appear to be wise. However, all that notwithstanding, this week’s crash is nothing new or unexpected.
In reality, as can be seen from the graphic below, provided by Visual Capitalist, there have been so may crashes / corrections and doomsday prognostications since 2012 in Bitcoin that it seems like a miracle the there’s any thing such as Crypto at all.
There’s a reason it’s not dead and it’s in the DNA
The resiliency, far from a shock to those that have been around more than a fortnight, is kinda the point. When Satoshi Nakamoto built the system architecture of Bitcoin and since then inspired the over 8000 new crypto entities that have been developed, it was, just like the internet itself that was build to survive WWIII, supposed to be as indestructible as possible.
Like physical gold, which is considered have been adopted as a store of value partly due to its indestructibility and immutability (alchemy notwithstanding) the volatility and sometimes violent-seeming life story of Bitcoin is a necessary adjust to its role in finance, commerce and even individual monetary survival.
Not for the faint of heart, perhaps
While the mainstream and those forces opposed to the adoption or survival of Bitcoin and Crypto are out in force pointing to the “unsuitability” of Bitcoin and other cryptocurrencies for any “legitimate” use as a trade or savings vehicle, the progress so far, in spite of the obvious fact that volatility has always been baked in to the situation, is an obvious refutation of that viewpoint.
Will the current drop in dollar values relative to Bitcoin end it’s popularity and strip it of the respect it has thusfrar earned among many? In a word, no. In essence what is happening is, as many have foretold, what happens often and repeatedly, the excess attention and dollars that were pumped into crypto by you brother, sister, cousin and Uber driver are now getting blown out, since those were more speculation and psychosis than any kind of vote for viability or permanency.
And, why not? Where was to concern, shock and hesitation by the masses when the prices seemed to only rise for weeks and even months across so many products and coins it was impossible to keep count? Why was to feeding frenzy and the mania-like piling on not ignored as an anomaly?
The herd does as the herd will do. Diamond hands and Paper hands will ebb and flow as long as the rivers flow to the sea and humans herd like buffalo. And, in all likelihood, dollars and euros and yen will be long forgotten when the last bitcoin is transferred to the final wallet in the sky.
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Lynxotic does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
If you are stuck on the word ‘fiat’ this post can help you (everyone else too)
In a single, 14 word reply to a follower (@TheRealShifo) that asked “Yo Elon what do you think about the peeps who are angry at you because of crypto?” He gave a simple answer that is the often unmentioned, yet most important, question regarding crypto vs. fiat, government issued, currency such as the US dollar.
Looking around during the ongoing frenzy surrounding crypto and digital finance you’ll see countless ‘news” stories and blog posts comparing, or pretending to compare cryptocurrencies, especially the two biggest Bitcoin and Ethereum (as coin sometimes referred to as “Ether”) and they virtually always quote the “price” fluctuations of those coins as a certain number of dollars and cents.
Interestingly I have yet to see any of these “comparisons” use the reverse valuation method, such as, “the US dollar is currently worth .00002703 Bitcoin. Can you imagine everything using that as a standard – CNBC quoting stock prices in Bitcoin, your house is “worth” 32 Bitcoins (if you’re in California, for example).
The reason this comes off sounding strange and ridiculous is that all communication related to the US dollar, which has been a fiat currency since abandoning any “backing” (such as gold) and continuing on by decree (or fiat) of the government with no backing other than than decree, also carries a decree (tacit) not to undermine it in public.
So when Elon says:
“The true battle is between fiat & crypto. On balance, I support the latter.”
The true battle is between fiat & crypto. On balance, I support the latter.
Simple and straightforward and yet intentionally shrouded in mystery
Musk is directly comparing crypto, generally, and fiat currencies around the world that “float” against each other. And by inference, doing so in terms of the difference between a fiat currency like the US Dollar and a crypto currency, like Bitcoin.
A fiat currency is money that is not backed by a physical commodity like gold, but instead backed by the government that issued it. Most modern currencies, such as the U.S. dollar, euro, pound and yen, are fiat money.
from Wikipedia
The term fiat derives from the Latin word fiat, meaning “let it be done” used in the sense of an order, decree or resolution.
— common Definition
The fact that Bitcoin was created as a digital alternative to fiat money stands at the forefront of that point. The fact that it was designed precisely to counter the drawbacks and dangers of a system based on fiat paper money (or digital ledgers of those paper dollars such as your bank balance or any method to keep track of how many “imaginary” paper dollars you “have”) is exactly the real issue at hand.
photo credit: twitter
It’s no secret that many attack those goals and intentions superficially and dismiss the entire discussion with a wave of the hand. They willfully use the complexity of the cryptographic solutions, at the heart of cryptocurrency, as a way to gloss over the real and substantive problems being targeted.
They prey on the ignorance of the majority to try and discount out of hand any value at all for the movement and the various products.
Opening up the door to this exact exchange and characterizing it as a “battle” in one fowl swoop clarifies and simplifies the real issues and the real reason for the existence, and according to many, including Elon Musk, the need for monetary “reform” or change via a shift toward crypto.
Opening up the door to this exact exchange and characterizing it as a “battle” in one fowl-swoop clarifies and simplifies the real issues and the real reason for the existence of, and the need for, monetary “reform” or change via a shift toward crypto.
D.L.
The “price” of Bitcoin or any other crypto currency on any given day has almost nothing whatsoever to do with that debate.
Speculation abounds but not just in Crypto
The “price” is a function of, mostly, speculation and scarcity, due, in the case of Bitcoin to the mining cap, or at least a perceived scarcity. And additionally the various perceived advantages of crypto such as privacy, decentralization, use of block chain systems, etc.
But the price is like the smoke above the battlefield, not the reason for the battle or any indicator who is winning or who is on the side of might or right.
Two major questions that arise from this tweet and the potential shift toward a clearer and simpler dialogue on crypto are the following:
Is crypto generally, and Bitcoin / Ether more specifically established and entrenched enough to withstand the coming backlash from governments that feel threatened and other status quo institutions that will do whatever it takes to discourage or even stamp out crypto usage?
Will the very battle itself, that Elon Musk says is the current “true” battle, bring even more attention to the weaknesses and problems with the current fiat money system and thereby increase, perhaps inadvertently yet massively, the size of the battle and its stakes?
Alternative systems of trade have been tolerated in the US for some time now. How are those air miles doing? What about the chips and points for perks you got at the Indian Casino? Is it too late to outlaw all crypto without causing a revolution in the streets?
The other side of the (clipped) coin
It is truly surprising to see how little is to be found in the media about the deeper reasons for the rise of crypto. How it sometimes seems like direct criticism of fiat currency is almost taboo.
Naturally any internet search will find many “rabbit hole” sources for all kinds of information critical of the current monetary system, the same system the near total collapse of which in 2008 inspired the creation of bitcoin.
It appears that Elon Musk is emphasizing, in a subdued manner, exactly the way that the nonsense-furor over huge price gains or declines is completely missing the actual point. The “true battle”.
Many stories in the media and millions of private comments are currently following a kind of convoluted logic – first the popularity of crypto (which is linked to the unpopularity of the very messed up fiat system) artificially and massively increases prices in many crypto assets.
This “bubble”, a typical outcome of human herding behavior in financial markets, inevitably bursts or sees large setbacks. Then the coin or crypto system itself is blamed for the human stupidity and greed that caused the distortions of price, just like happened in the dot-com bubble and the 2007 housing bubble and subsequent crash.
The difference is that the crypto bubble, in an interesting way, is in reality due to a surge in skepticism toward fiat currencies, a boom in the prevalence of mistrust toward governments and a combination of fear and greed that is growing, not dissipating.
Although many have rightly criticized Elon Musk’s tweets and odd Saturday Night Live appearance, and there is a kind of mini-backlash (growing?) against all things Musk, in this case it is a healthy and wise tweet that we have shown above.
Reframing, or more aptly refocusing the discussion away from prices and speculative profits and back to the real reasons that cryptos were initially created and why it has gained such massive support is a welcome shift. That this reframing comes from the likes of Musk himself, is fitting and who better to put forth a message to simplify and clarify the nature of the real “battle” at hand.
The following video has some interesting data and arguments for, and mainly against, the fiat regime under which we have lived for most of the last century. Although, in a sense, a kind of advertisement for Gold and Silver, the overview is nevertheless accurate and does not exaggerate the dangers and issues that revolve around the fiat system.
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Lynxotic does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Quotes from new book are illuminating to say the least
In a report from The Guardian, based on pre-release galleys of “Battle for The Soul” written by Atlantic staff writer Edward Isaac-Dovere, the private exchanges about Trump bore little resemblance to the public niceties and careful self-censoring that went on during “the former guy’s” disastrous reign from the Oval Office.
According to the excerpts shared with The Guardian, in direct quoted pages former President Obama slammed Trump throughout the 2016 campaign and during 45’s term in office. According to Atlantic staff writer Edward Isaac-Dovere in his forthcoming book. Obama referenced Trump as a “madman”, “lunatic”, “racist”, “sexist pig” and a “corrupt motherfu–er”.
More often: ‘I didn’t think it would be this bad.’ Sometimes: ‘I didn’t think we’d have a racist, sexist pig.’ Depending on the outrage of the day … a passing ‘that fucking lunatic’ with a shake of his head.”
obama Quoted in “battle for the soul” by Edward-Isaac Dovere
Obama isn’t the only person that has something unflattering to say about the Trump, as news that the New York attorney general’s office will be going forward with a now-criminal investigation of the Trump Organization, Michael Cohen, the former personal lawyer and fixer for 45 hilariously tweeted Don behind bars:
As more documents are reviewed by the #NYAG and #NYDA, it appears that the troubles for Donald #Trump will keep on coming! Soon enough, Donald and Associates will be held responsible for their actions. pic.twitter.com/nOvd7Dry81
We’ve provided a look at Battle for the Soul, by Edward-Isaac Dovere, below, along with a description, provided courtesy of the Bookshop (and the publisher), along with some links for a variety of options where to purchase.
Battle for the Soul: Inside the Democrats’ Campaigns to Defeat
The 2020 presidential campaign was a defining moment for America. As Donald Trump and his nativist populism cowed the Republican Party into submission, many Democrats–haunted by Hillary Clinton’s shocking loss in 2016, which led to a four-year-long identity crisis–were convinced he would be unbeatable.
Their party and the country, it seemed, might never recover. How, then, did Democrats manage to win the presidency, especially after the longest primary race and the biggest field ever?
How did they keep themselves united through an internal struggle between newly empowered progressives and establishment forces–playing out against a pandemic, an economic crisis, and a new racial reckoning?
Edward-Isaac Dovere’s Battle for the Soul is the searing, fly-on-the-wall account of the Democrats’ journey through recalibration and rebirth.
Dovere traces this process from the early days in the wilderness of the post-Obama era, though the jockeying of potential candidates, to the backroom battles and exhausting campaigns, to the unlikely triumph of the man few expected to win, and through the inauguration and insurrection at the Capitol.
Dovere draws on years of on-the-ground reporting and contemporaneous conversations with the key players–whether in Pete Buttigieg’s hotel suite in Des Moines an hour before he won the Iowa caucuses or Joe Biden’s first-ever interview in the Oval Office–as well as aides, advisors, and voters.
With unparalleled access and an insider’s command of the campaign, Battle for the Soul offers a compelling look at the policies, politics, people and the often absurd process of running for president. This fresh and timely story brings you on the trail, into the private rooms and along to eavesdrop on critical conversations. You will never see campaigns or this turning point in our history the same way again.
Above: Christian Bale, playing Dr. Michael Burry in “The Big Short“
The more things change, the more they stay the same
Shorting in the stock market has gotten a bad rep recently among the “WallStreetBets” crowd on Reddit, and those that were in the run-up frenzy over Game-Stop and AMC, Koss, etc. This was, for the most part, due to a lack of understanding of what shorting is, how it works and why it adds liquidity and has other benefits to markets as a whole.
Many of the crowd from that frenzy has now moved on to the crypto frenzy, which has a lot of speculators worried after relatively large drops in many of the top coins. Similar to the misunderstanding of short positions many of the speculators in crypto are new arrivals and, for a short time, had no experience of the fact that volatile, fast moving instruments, such as shares in tech companies or “alt-coins” also go down faster than slow moving investments. They don’t “only go up” as was the “slogan” for the Game Stop crowd and others at the time.
Michael Burry, the genius founder of Scion Asset Management, the firm that was chronicled in “The Big Short” (both the book and the film) which tells the story of how Burry bet against the US housing market at the peak of the bubble and experienced massive success when his billion dollar bet paid off.
That bet was, as the name of the book implies, the longest of long shots, and in the movie the skepticism and outright scorn and derision that he experienced for even thinking of taking that gamble was shown and formed the backbone of the story.
The power of that story was how a man with knowledge and experience could see clearly, even with one good eye, what millions of “experts” either could not see or were too corrupt to admit or accept.
That the housing market and the products devised to profit off of it, mortgage backed securities, collateralized debt obligations, credit default swaps, and so forth, were about to take the entire world economy to the brink of doom.
A collapse did occur, and were it not for desperate and questionable bail-outs by the governments and the central banks around the world, could have collapsed the world economy to a level that would have taken decades to recover from.
Instead this “largest band-aid” in the history of the universe has been followed up by larger and larger ones until as of the writing some 14 trillion has been created to prop up the original “fix” and kick the can further and further down the road.
Fast forward to 2021 and see where Burry sees a big opportunity now…
Michael Burry, the same man who say the end of the housing bubble in 2006 and 2007, and bet big against the one market that no one, literally no one, believed could ever go down, appears to believe that the end of the road for the current speculative bubble ( at least in Tesla stock prices) is near.
Michael Burry’s Scion Asset Management has disclosed a major, half-a-billion dollar short position against Tesla Inc.
Scion Asset Management disclosed via a regulatory filing on May 17th that purchases were made for bearish put options on 800,100 shares in Tesla. In the disclosure was also the further information that, as of the end of the first quarter, the options had a value of US$534 million.
“my last Big Short got bigger and Bigger and BIGGER,” Burry said in a tweet from February, apparently referring to Tesla’s large surge in market capitalization. “Enjoy it while it lasts,” he continued.
It appears that, as of May 18th, he may have deleted his Twitter account entirely. Which, if true, may be over concerns that the SEC could have questions about the tweets, as wells as earlier tweets he made referring to other short position in GameStop Corp.
