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But in the merger agreement, there are also covenants, promises that Musk and Twitter make to each other about what they will do going forward, between the signing of the merger agreement and the closing. If Twitter breaches a representation, Musk still has to close unless the breach causes a material adverse effect. But if Twitter breaches a covenant, Musk can walk away: He doesn’t have to close unless Twitter “shall have performed or complied, in all material respects, with its obligations required under this Agreement.” There is no MAE requirement: You just have to comply with the covenants.
Elon Has a New Bot Excuse
bloomberg.com
Like Anicca, Anatta is pointing to the inverse of a specific mental event, Atta. Atta is a little hard to translate, we can translate it as more like a verb or more like a noun (Pali is weird). If we see it more like a noun it might be translated as ‘essence’ and if we translate it like a verb it might be translated as ‘to take/have control/ownership of.’
Neurotic Gradient Descent: (mis)Translating the Buddha
neuroticgradientdescent.blogspot.com
A key lesson of crypto is: A bunch of people can get together online and make their community have economic value, and then capture that value for themselves. If you explain the mechanism for that, it sounds even worse.
The Only Crypto Story You Need, by Matt Levine
bloomberg.com
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