Join Platy’S Readwise Highlights

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

So a huge percentage of what makes writing successful comes down to establishing trust in a large audience that it’s going to be worth it.

How Power Works in the Writing Industry

every.to

Tragically, even Tumblr’s commitment to the GIF is now in question. In 2015, it appeared to be unwavering: “The format is woefully outdated, and this begets massive, low quality animated images,” a post on Tumblr’s engineering blog read. “However, as the true ‘home of the gif,’ Tumblr isn’t ever giving up on your gif files!” This summer, though, even Tumblr started “experimenting with serving GIFs as MP4 videos” to a “small subset” of users, with the aim of making GIFs load faster. (Company blog posts discussing the change did advise artists that they could opt out of this conversion by adding a single transparent pixel to the first frame of their GIFs, breaking the conversion and thwarting the process.)

GIF 濒临死亡 - The Atlantic

theatlantic.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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