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Interestingly, too, “after their subscription period ended, many struggled to distinguish between what kind of content required payment or not.” That’s not a great sign for the distinctiveness of paid-for news content.

Why News Subscriptions Feel Like a Burden to Young People

niemanlab.org

That no XR headset introduced so far has made much of a dent in the universe isn’t a sign that Apple’s effort is ill-fated. It’s a sign that Apple has an opportunity. In a sense, Apple does have one tradition when entering a new product category: they endeavor to make the first one good enough to be criticized.

The Father of Mobile Computing Is Not Impressed

fastcompany.com

But I think the real reason is that DWAC probably couldn’t have done this deal without lying. It’s not just that DWAC lied in its prospectus by saying it hadn’t had discussions with TMTG when it had. If it had told the truth — if it had said “we’re a SPAC that’s raising money to take Trump Media & Technology Group public” — it wouldn’t have been allowed to do its offering in the first place. A SPAC is supposed to be a blank-check company without any particular private company to take public. If you are raising money to take one particular company public, that’s not a SPAC. That’s just a regular initial public offering. You don’t just file for a blank check; you file for an initial public offering, with all of the regular disclosure about the company’s business and finances.

The APEs Can Be Saved

bloomberg.com

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