Join Platy’S Readwise Highlights

A batch of the best highlights from what Platy's read, .

My general theory is that every bad thing that a public company does is securities fraud.

Musk Gets Away With Mischief

bloomberg.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

Screen mirroring is achieved by transmitting an H.264 encoded video stream over a TCP connection. This stream is packetized with a 128-byte header. AAC-ELD audio is sent using the AirTunes protocol. As for the master clock, it is synchronized using NTP. Moreover, as soon as a client starts a video playback, a standard AirPlay connection is made to send the video URL, and mirroring is stopped. This avoids decoding and re-encoding the video, which would incur a quality loss.

Unofficial AirPlay Protocol Specification

nto.github.io

...catch up on these, and many more highlights