📈 Twitter's U.S. Ad Sales Plunge 59% as Woes Continue
Plus: The AI Founder Taking Credit For Stable Diffusion's Success Has A History Of Exaggeration, Behind Sam Bankman-Fried's Journey From Hero to Handcuffs and more...
Today’s pick
Twitter's U.S. Ad Sales Plunge 59% as Woes Continue. Elon Musk recently said Twitter's advertising business was on the upswing. “Almost all advertisers have come back,” he asserted, adding that the social media company could soon become profitable. But Twitter's U.S. advertising revenue… (Ryan Mac / The New York Times)
Back in April, Elon Musk said said "almost all advertisers have come back" to Twitter.
The AI Founder Taking Credit For Stable Diffusion's Success Has A History Of Exaggeration. Emad Mostaque is the modern-day Renaissance man who kicked off the AI gold rush. (Kenrick Cai / Forbes)
A year ago, Stability AI was an obscure startup. Now, it's emerged from generative AI hype valued at $1 billion.
The best way to reach new readers is through word of mouth. If you click THIS LINK in your inbox, it’ll create an easy-to-send pre-written email you can fire off to some friends.
Behind Sam Bankman-Fried's Journey From Hero to Handcuffs. The FTX co-founder, nicknamed SBF, appeared with world leaders and celebrities. But a new podcast series shows how this carefully staged production was about to fall apart. (Max Chafkin / Bloomberg)
Billionaire Sam Bankman-Fried shared the stage with world leaders, and celebrities endorsed his company FTX.But his carefully staged production was about to fall apart.
Why the AI boom is not a dotcom redux. The simulation of human intelligence in machines has dramatic potential to change the way the economy works (John Plender / Financial Times)
Why the AI boom is not a dotcom redux
How Parking Ruined Everything. When you're driving around and around the same block and seething because there's nowhere to put your car, any suggestion that the United States devotes too much acreage to parking might seem preposterous. (Dante Ramos / The Atlantic)
America has paid a steep price for devoting too much space to storing cars.
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