The Spectacular Failure of the Star Wars Hotel
https://www.youtube.com/watch?v=T0CpOYZZZW4 [www.youtube.com]
2024-05-22 04:51
tag: business
The Spectacular Failure of the Star Wars Hotel
https://www.youtube.com/watch?v=T0CpOYZZZW4 [www.youtube.com]
2024-05-22 04:51
Are tacos and burritos sandwiches? A judge in Indiana ruled yes.
https://www.washingtonpost.com/food/2024/05/16/indiana-taco-burrito-sandwich/ [www.washingtonpost.com]
2024-05-16 17:49
The zoning policy for the property prohibits fast food, but allows exceptions for restaurants whose primary business is to sell “made-to-order” or Subway-style sandwiches. A city commission denied the request.
But Famous Taco, Bobay ruled, is allowed at the shopping center because it would serve “Mexican-style sandwiches,” and the zoning policy “does not restrict potential restaurants to only American cuisine-style sandwiches.” Hypothetically, other restaurants that serve made-to-order items, including “Greek gyros, Indian naan wraps or Vietnamese banh mi,” would also be allowed, Bobay wrote in his decision.
Section 230 Applies to Claims Over Hijacked Accounts (Except Maybe Verified Accounts)–Wozniak v. YouTube
https://blog.ericgoldman.org/archives/2024/03/section-230-applies-to-claims-over-hijacked-accounts-except-maybe-verified-accounts-wozniak-v-youtube.htm [blog.ericgoldman.org]
2024-04-30 04:42
The plaintiffs are Silicon Valley legend Steve Wozniak, who had his YouTube account hijacked, and 17 scammed individuals. The plaintiffs sued YouTube. YouTube defended on Section 230 grounds. The lower court dismissed the entire complaint due to 230. On appeal, the appellate court doesn’t analyze the multitudinous causes of action individually. Instead, the appeals court analyzes six different theories the plaintiffs advanced to explain why Section 230 shouldn’t apply. The court finds that Section 230 applies to all six theories and upholds the dismissal, though with one theory, the plaintiffs get another chance to try again.
Anatomy of a credit card rewards program
https://www.bitsaboutmoney.com/archive/anatomy-of-credit-card-rewards-programs/ [www.bitsaboutmoney.com]
2024-04-04 23:34
Different regions have ended up with different equilibria in the rewards game. In the United States, card acceptance is expensive and the rewards economy is robust. In Japan, card acceptance is expensive and the rewards economy is fairly muted due to—ahem—effective collusion by issuers. In Europe, card acceptance is cheap by regulatory fiat and so rewards are far less common (or commonly lucrative) than in the U.S.
source: HN
These People Are Responsible for the Cranberry Sauce You Love to Hate
https://www.wsj.com/business/ocean-spray-cranberries-cooperative-thanksgiving-c57febfc?mod=mhp [www.wsj.com]
2023-11-23 03:50
And if we’re talking cranberries, we have to start with Ocean Spray’s canned, jellied cranberry sauce, that jiggly staple of the Thanksgiving table. Somehow this cylindrical blob of sweet, glistening, ruby tartness has become synonymous with America’s most gluttonous day. You know it and love it, unless you hate it, in which case you might use homemade sauce cooked with some of the trillion cranberries that the company’s owners grew. Either way, Ocean Spray wins.
What Happened to Dolphin on Steam?
https://dolphin-emu.org/blog/2023/07/20/what-happened-to-dolphin-on-steam/ [dolphin-emu.org]
2023-07-21 20:56
Well that blew up, huh? If you follow emulation or just gaming on the whole, you’ve probably heard about the controversy around the Dolphin Steam release and the Wii Common Key. There’s been a lot of conclusions made, and while we’ve wanted to defend ourselves, we thought it would be prudent to contact lawyers first to make sure that our understanding of the situation was legally sound. That took some time, which was frustrating to ourselves and to our users, but now we are educated and ready to give an informed response.
source: L
Culture eats policy
https://www.niskanencenter.org/culture-eats-policy/ [www.niskanencenter.org]
2023-06-23 19:47
There’s a convenient punching bag for many of these failures: outdated government technology, and outdated approaches to tech by the bureaucracy. But try to fix that through policy change and you’ll find it’s turtles all the way down. The levers leaders use to fix tech are the same ones they use to steer the economy, improve government-funded healthcare, manage immigration, and even strengthen our national defense. We increase budgets, cut budgets, make new rules, and hold hearings, but the tools we use to fix our tools aren’t working either.
The people on this project knew quite well that using this ESB was a terrible idea. They’d have been relieved to just throw it out, plug in the simple protocol, and move on. But they couldn’t. It was a requirement in their contract. The contracting officers had required it because a policy document called the Air Force Enterprise Architecture had required it. The Air Force Enterprise Architecture required it because the Department of Defense Enterprise Architecture required it. And the DoD Enterprise Architecture required it because the Federal Enterprise Architecture, written by the Chief Information Officers Council, convened by the White House at the request of Congress, had required it. Was it really possible that this project was delayed indefinitely, racking up cost overruns in the billions, because Congress has ordered the executive branch to specify something as small and technical as an ESB?
Jack beat them all, winning the contest and demonstrating not only his enormous skills in securing critical national security systems, but an incredible enthusiasm for serving his country. He was a dream candidate, and the Defense Digital Service (DDS), the team that had sponsored the Hack the Pentagon contest, encouraged Jack to apply for a job. But the resume Jack submitted described his experience developing “mobile applications in IonicJS, mobile applications using Angular, and APIs using Node.js, MongoDB, npm, Express gulp, and Babel”. This would have given a technical manager a good sense of the range of his skills, but no one technical reviewed his resume. DoD’s hiring protocols, like those of most agencies, required that it be reviewed by an HR staffer with a background in government hiring rules, not technology. The staffer saw what looked like a grab bag of gobbledygook and tried to match it to the job description, which required “experience that demonstrated accomplishment of computer-project assignments that required a wide range of knowledge of computer requirements and techniques pertinent to the position to be filled.” The fact that he’d just beat out 600 other security researchers meant nothing. His resume was deemed “not minimally qualified” and didn’t make the first cut.
Tech debt metaphor maximalism
https://apenwarr.ca/log/20230605 [apenwarr.ca]
2023-06-18 19:57
I really like the “tech debt” metaphor. A lot of people don’t, but I think that’s because they either don’t extend the metaphor far enough, or because they don’t properly understand financial debt.
Pretty good financial debt explainer, too.
source: trivium
Tech’s hottest new job: Prompt Engineer
https://www.washingtonpost.com/technology/2023/02/25/prompt-engineers-techs-next-big-job/ [www.washingtonpost.com]
2023-02-26 22:22
‘Prompt engineers’ are being hired for their skill in getting AI systems to produce exactly what they want.
How I experience the web today
https://how-i-experience-web-today.com/ [how-i-experience-web-today.com]
2022-04-19 22:45
An interactive experience!
source: DF
The games Nintendo didn't want you to play: Tengen
https://nicole.express/2022/the-center-point-can-not-hold.html [nicole.express]
2022-04-17 20:04
Recently, I took a look at Nintendo’s MMC line of mappers, and some other boards. All boards for the NES’ western releases had to be manufactured by Nintendo, and so they generally met certain standards set by Nintendo. But these rules were enforced by technology, not by law. And the company that had previously killed the American game industry decided to break those rules. Madness? No. This… is Tengen.
Lots of custom cartridges here.
Some additional info: https://hackmii.com/2010/01/the-weird-and-wonderful-cic/
source: HN
The Block-Barrel Spread Is Widening
https://www.jacoby.com/the-block-barrel-spread-is-widening-and-its-hurting-dairy-farmers/ [www.jacoby.com]
2021-04-18 18:17
The gap in price between a 40-pound block of fresh cheddar and a 500-pound barrel has widened steadily over the last two years. At the end of 2018, the average block-barrel spread hovered around $0.12. That’s well above the $0.07 average spread calculated for 2017 and triple the traditional $0.035 spread.
Virtu CEO Doug Cifu Explains the Future of HFT (Podcast)
https://www.bloomberg.com/news/audio/2021-03-28/virtu-ceo-doug-cifu-explains-the-future-of-hft-podcast [www.bloomberg.com]
2021-03-29 18:52
When the GameStop and Robinhood story exploded at the end of January, suddenly everyone took an interest in market structure, and things like payment for order flow, and the role that high-frequency trading shops play in enabling free retail trading. This of course gave rise to lots of conspiracy theories about ways retail traders are taken advantage of. On the new Odd Lots, we speak with Doug Cifu, the CEO of Virtu, which is one of the largest HFT shops in the country, to get his perspective on how this part of the market really works.
Hour long, pretty thorough.
The Mess At Medium
https://www.theverge.com/2021/3/24/22349175/medium-layoffs-union-evan-williams-blogger-twitter-subscription [www.theverge.com]
2021-03-25 02:07
The episode captured Medium in all its complexity: a publishing platform used by the most powerful people in the world; an experiment in mixing highbrow and lowbrow in hopes a sustainable business would emerge; and a devotion to algorithmic recommendations over editorial curation that routinely caused the company confusion and embarrassment.
Substack's UI and 1Password just cost me $2,023
https://timmyomahony.com/blog/substacks-ui-just-cost-me-2-023 [timmyomahony.com]
2021-03-23 01:51
As part of a Zoom call today, I tried to sign up for a $10 monthly subscription on a Substack page to test the user journey. I paid $2,023.
When I’ve clicked my card details in 1Password, it’s entered my expiry year in the hidden, custom subscription amount box (I’m not sure why - is this a 1Password bug?). Because this box has now changed value, the Substack UI has automatically selected this option. I’ve then hit “Subscribe” before I had time to notice and 💸 $2,023.
source: HN
Don't End The Week With Nothing
https://training.kalzumeus.com/newsletters/archive/do-not-end-the-week-with-nothing [training.kalzumeus.com]
2021-03-21 21:37
I’m a capitalist. A friend of mine is a devoted Marxist. I think we mutually agree that, considering any particular employee, it is in that employee’s personal interest to stop selling hours of labor and start renting access to his accumulated capital as soon as humanly possible.
A lot of day jobs structurally inhibit capital formation. If I were a Marxist I’d say “And this is an intended consequence of Capital’s desire to keep Labor subservient to it”, but I honestly think it’s true even without anybody needing to twirl their mustache.
source: HN
The Padres Owe Fernando Tatís Jr. $340 Million. He Owes an Investment Fund Millions From His Payday.
https://www.wsj.com/articles/fernando-tatis-jr-340-million-investment-fund-padres-11613732572 [www.wsj.com]
2021-02-19 19:58
Tatís signed a contract with Big League Advance, an unusual investment fund that pays minor-league players money up front in exchange for a share of their future MLB earnings.
The Big League Advance payouts aren’t loans. If the player never reaches the majors, he doesn’t have to reimburse the money, and Big League Advance loses its stake. When a player turns into a MLB star like Tatís, Big League Advance receives a huge payout. In effect, Tatís is now funding a bunch of minor-leaguers who will never make it. It’s similar to a venture capital fund that backs lots of startups that fail, in return for a gigantic payday from getting in early on a company like Facebook or Uber.
Venture capital for all the things.
Citi Can’t Have Its $900 Million Back
https://www.bloomberg.com/opinion/articles/2021-02-17/citi-can-t-have-its-900-million-back [www.bloomberg.com]
2021-02-18 01:16
Last August, Citigroup Inc. wired $900 million to some hedge funds by accident. Then it sent a note to the hedge funds saying, oops, sorry about that, please send us the money back. Some did. Others preferred to keep the money. Citi sued them. Yesterday Citi lost, and they got to keep the money. I read the opinion, by U.S. District Judge Jesse Furman, expecting to learn about the New York legal doctrine of finders keepers—more technically, the “discharge-for-value defense”—and I was not disappointed. But I was also treated to a gothic horror story about software design. I had nightmares all night about checking the wrong boxes on the computer.
source: ML
People Are Worried About Payment for Order Flow
https://www.bloomberg.com/opinion/articles/2021-02-05/robinhood-gamestop-saga-pressures-payment-for-order-flow [www.bloomberg.com]
2021-02-05 20:32
Okay let’s do payment for order flow again, because people are talking about it and that always stresses me out. Here’s an intuitive description of how it works.
source: ML
The Shocking Meltdown of Ample Hills — Brooklyn’s Hottest Ice Cream Company
https://marker.medium.com/the-shocking-meltdown-of-ample-hills-brooklyns-hottest-ice-cream-company-66b27dc1791d [marker.medium.com]
2021-02-05 02:51
They had $19 million, a deal with Disney, and dreams of becoming the next Ben & Jerry’s. Then everything fell apart.
source: ML