Odds and Ends — 25 November 2024

in #oddsandends2 years ago

Trump Considers Defense Financiers for Top Pentagon Spot

Two financiers are in the running to be the deputy secretary of defense, a competition that pits a publicity-averse private-equity investor against an outspoken venture capitalist.
Trae Stephens, a partner at Peter Thiel’s Founders Fund venture-capital firm, is under consideration by President-elect Donald Trump to become the deputy secretary of defense. Billionaire investor Stephen Feinberg, who led the president’s intelligence advisory board in the first Trump administration, is also in the running.
The selection of either investor could come as welcome news for the hundreds of new defense startups that have entered the military market in recent years.

The Right Has a Bluesky Problem

Since Elon Musk bought Twitter in 2022 and subsequently turned it into X, disaffected users have talked about leaving once and for all. Maybe they’d post some about how X has gotten worse to use, how it harbors white supremacists, how it pushes right-wing posts into their feed, or how distasteful they find the fact that Musk has cozied up to Donald Trump. Then they’d leave. Or at least some of them did. For the most part, X has held up as the closest thing to a central platform for political and cultural discourse.
But that may have changed. After Trump’s election victory, more people appear to have gotten serious about leaving… Many of these users have fled to Bluesky: The Twitter-like microblogging platform has added about 10 million new accounts since October.


What the Broligarchs Want from Trump

Tremendous power is flowing to tech and finance magnates.

Serendipity:

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