🔌 Utilities Plan Huge Electric Grid Upgrades

Today’s pick

Utilities Plan Huge Electric Grid Upgrades, Adding to Power Bills. American utilities are planning their biggest spending increases in decades to upgrade aging grids, prepare for electric vehicles and make the transition to renewable energy—moves poised to further boost power costs as consumers face… (Katherine Blunt / Wall Street Journal)

Katherine Blunt @KatherineBlunt

Utilities are planning to spend at historic levels to shift to renewables and upgrade the grid. The driver is climate change, which is threatening reliability just as we collectively become even more reliant on electricity in response. My latest: wsj.com/articles/utili…

---

Twitter Takeover Battle: Elon Musk-And Jack Dorsey-Turn Up Pressure On Board. After Twitter's board on Friday moved to shore up its defenses against a hostile takeover bid by Elon Musk, Musk has sought to use the company's platform against it, launching a series of critical tweets this weekend at the board seeking to… (Abram Brown / Forbes)

Samir Saran @samirsaran

“With Jack departing, the Twitter board collectively owns almost no shares!” “Objectively, their economic interests are simply not aligned with shareholders.” -Elon Musk ⁦@elonmusk⁩

forbes.comTwitter Takeover Battle: Elon Musk—And Jack Dorsey—Turn Up Pressure On BoardIt’s not unusual for an assailing investor like Elon Musk to attack the board. It’s much stranger for cofounder Jack Dorsey, a board member, to publicly criticize the board.

---

Open source Calendly rival Cal.com raises $25M. Open source Calendly alternative Cal.com has raised $25 million in a series A round of funding and launched an "app store for time." (Paul Sawers / VentureBeat)

VentureBeat @VentureBeat

Open source Calendly rival @calcom raises $25M. Read more from @psawers here:

venturebeat.comOpen source Calendly rival Cal.com raises $25MOpen source Calendly alternative Cal.com has raised $25 million in a series A round of funding and launched an “app store for time.”

---

The Future of the Web Is Marketing Copy Generated by Algorithms. As we move further into the 21st century, more and more aspects of our lives are being controlled by algorithms. Facebook decides which posts we see in our newsfeed, Google shows us the results of our searches based on their complex ranking system… (Tom Simonite / WIRED)

Backchannel @backchnnl

The Future of the Web Is Marketing Copy Generated by Algorithms

trib.alThe Future of the Web Is Marketing Copy Generated by AlgorithmsThe killer app for GPT-3 could help marketers lure clicks and game Google rankings.

---

Rivian CEO Warns of Looming Electric-Vehicle Battery Shortage. Much of the battery supply chain isn’t built, challenging an industry aiming to sell tens of millions of EVs in coming years, RJ Scaringe says. (Sean McLain / Wall Street Journal)

Carl Quintanilla @carlquintanilla

“Put very simply, all the world’s cell production combined represents well under 10% of what we will need in 10 years. .. Meaning, 90% to 95% of the supply chain does not exist,” he added.” $RIVN @WSJ ⁦@knowledge_vital⁩ wsj.com/articles/rivia…

---

Thanks for reading to the bottom and soaking in our Newslit fuelled highlights for your morning.

I hope you found it interesting and, needless to say, if you have any questions or feedback let me know by hitting reply or on Twitter.

Take care and see you tomorrow!

— Jose Montes de Oca

P.S. Was this forwarded to you? Sign up here.