Spicy Edition Sunday for 2024-06-23
Spicy Edition Sunday for 2024-06-23
Welcome to 🌶️ Spicy Edition Sunday!
Uncover the spicy inspiration behind this week’s Fudge Sunday edition, packed with deep links and fresh insights. 🔥
As a quick reminder, longer form Fudge Sunday topics are posted weekly on at https://fudge.org/.
🌶️ Spicy Edition Sunday
🗓️ Last week, a seven ( 7 ) day roundup of Hot Fudge Daily was included in Fudge Sunday. Based on feedback, this week will be the last digest in the series and my workflow will revert to the original longer form content of Fudge Sunday.
🆕 As of this update, Hot Fudge Daily the weekly digest will be posted in 🌶️ Spicy Edition Sunday as “free” weekly content. This seems to strike a balance for different reader interests and helps me streamline my workflow as a writer.
📈 Markets Monday
Looking at the week behind for the tech market.
I typically ask Siri how NASDAQ is doing and wait to hear it if is a big change or not. Siri logic on the definition of what to say if the there is +/- < 1% seems to be varied by day of attempts. More experimentation or going deeper into how Siri makes word choices will be interesting as the new Apple WWDC stories of Siri evolve over the year.
Previously, I mentioned adding a 5 day view contrasted with a 5 year view.
I have only a context of “this seems to be going up for now”.
This week
Looking at the week ahead for the tech market.
Previously, I decided on a view from Yahoo Finance. For example, this was a view of intraday in Technology which usually gets around a dozen or so interesting companies.
If you are using Yahoo Applied Filters for Stocks screener you can bookmark your own heat map view.
% Change in Price (Intraday):greater than 4
Region: United States
Market Cap (Intraday): Mid Cap and Large Cap and Mega Cap
Price (Intraday):greater than or equal 5
Volume:greater than 15000
Sector: Technology
Industry: Software—Infrastructure and Information Technology Services and Computer Hardware and Software—Application and Communication Equipment and Electronics & Computer Distribution and Consumer Electronics and Electronic Components and Scientific & Technical Instruments and Semiconductor Equipment & Materials and Semiconductors
Just before Apple WWDC, I recorded a podcast with some predictions. I think I did okay! 🤓
https://podcasts.apple.com/us/podcast/banking-on-disruption/id1521180200?i=1000658893768🔥 Hot Takes Tuesday
A few things that caught my attention today in big funding and M&A moves in tech.
Funds, Funding, and M&A
Nvidia surpasses Microsoft to become the world's most valuable public company, with a $3.34T market cap; NVDA is up over 9x since January 2023
By Kif Leswing / CNBC. View the full context on Techmeme.
📊 + ⚖️ Expect more breathless coverage of relative market cap jockeying between Apple, Microsoft, as the FAANG, MAANG, etc. swap out letters or do enough M&A with stock for the EU and US Government to determine who’s ripe for disassembly.
Autonomous trucking startup Waabi raised a $200M Series B led by Uber and Khosla Ventures, after an $83.5M Series A in 2021, and aims for a full launch in 2025
By Zaheer Kachwala / Reuters. View the full context on Techmeme.
🚚 + 🤖 Fun fact: When I lived in Las Vegas just over a decade ago, there were parts of the highway system between Nevada and Arizona that were approved for semi-autonomous trucking.
Cambridge, UK-based CuspAI, which is developing AI-powered tech for designing new materials, raised a $30M seed and adds Geoffrey Hinton to its advisory board
By Mark Bergen / Bloomberg. View the full context on Techmeme.
🔮 + 🤖 While I don’t use my college degree much (Materials Science and Engineering), it is fascinating to see how the quest for novel or first mover advantage in materials science is approaching A.I. alchemy status.
Boulder, Colorado-based Enveda, which combines AI with ancient remedies for drug discovery, raised a $55M Series B extension from investors including Microsoft
By Marina Temkin / TechCrunch. View the full context on Techmeme.
🧙 + 🤖 Same thing. Just replace alchemy with potions. But seriously, consider the fact that potential MRSA remedies date back to a time where slathering on garlic, onions, wine, and bile was probably cutting edge proper compounding at the time.
Maryland-based Huntress, an SMB-focused managed security platform, raised a $150M Series D led by Kleiner Perkins, Meritech, and Sapphire at a $1.5B+ valuation
By James Rundle / Wall Street Journal. View the full context on Techmeme.
🔐 + 🤑 As the appetite for Enterprise cybersecurity size M&A enjoys big bets status for the next 2-3 years, I expect higher velocity MSSP and cybersecurity related deals like this to continue in 2024.
🤪 Wacky Wednesday
One unique thing about online Slack Communities is the use of #random channel. Sometimes you come across some real gems.
Each week I go through dozens of Slack communities and select the most interesting shared links found. This will be a safe for work list.
Join me in this collection of what is being shared that is wow, wild, wtf, and wacky each Wednesday.
https://www.bbc.com/news/articles/cy00gk0kr82ohttps://www.mcsweeneys.net/articles/youve-read-your-last-free-article-such-is-the-nature-of-mortalityhttps://www.jamesmollison.com/owlshttps://engaging-data.com/country-sizes-mercator/🔙 Throwback Thursday
Throwback Thursday for 2024-06-20
Throwback Thursday will likely become a format based upon Fudge Sunday Weekly newsletter sections for "Shot and Chaser". Basically, this is a look back at a prior prediction or past news coverage and how that worked out in the present.
https://fudge.org/topics/shot-and-chaser/Past examples of "Shot and Chaser" included embedding content from Twitter (as it was known at the time) in the form of a specific tweet. As I come across Twitter URLs in my newsletter archive, I am finding that the change in Twitter ownership, degradation of URLs (link rot), and the transition between different newsletter platforms has made much of this content difficult or, sadly, impossible to follow.
For example, if you were to look back at IPOs from 10 years ago, you’d probably recognize several companies. Considering just technology, a handful are quite notable.
✅ Final Thoughts Friday
This week went by in a flash. I hosted an event this morning too.
Regular readers know I normally work out of The Vault in Beaufort, NC USA. While the parking is not free, the view is legit and weather was nice this morning.
In fact, I’m considering making this event a weekly occurrence. I’ve already created the event for next week.
https://lu.ma/7d2bcsvgThis week, I also published a full week of “Free Preview” posts for Hot Fudge Daily on Fudge Sunday.
https://fudge.org/archive/hot-fudge-daily-digest/Again, I’ll likely collapse fudge.org content that is exclusively newsletter content into hot.fudge.org for ONLY newsletters and reclaim fudge.org as a blogging platform. We shall see.
For Hot Fudge Daily, I changed to a $9.99 yearly subscription since Stripe taking 1/3 of $0.99 monthly revenue in the prior fee structure. 🤯🧐💸
🔮 Sneak Peak Saturday
Unveiling overlooked tech news with a sprinkle of satire.
Peak 🏔️ vs. Peek 👀
Yes, a play on words.
By Friday, everything seems to be reaching the peak of getting news turned in before a deadline or dread-line.
Why Sneak Peak?
It sometimes seems like we reach a fever pitch in news coverage throughout the week. Then there is a trope, cliché, or bromide about slow news days and the quietly mentioned news updates sent on a Friday — to try and sneak it past wider coverage. Or, in a nutshell, peak patronizing publishing.
In that spirit, here are a few stories that you might have missed on the slow news of a Friday.
Insert Let's See Who This Really Is Meme
The California Public Utilities Commission rejects AT&T's request to end its landline phone obligations and urges AT&T to upgrade copper facilities to fiber
By Jon Brodkin / Ars Technica. View the full context on Techmeme.
Insert Ceiling Cat Meme
In an interview, OpenAI CTO Mira Murati says “some creative jobs maybe will go away” due to AI, “but maybe they shouldn't have been there in the first place”
By Kate Irwin / PCMag. View the full context on Techmeme.
Insert We're All Trying To Find The Guy Who Did This Meme
In response to plagiarism allegations, Perplexity CEO Aravind Srinivas says the company “is not ignoring” robots.txt, but does rely on third-party web crawlers
By Mark Sullivan / Fast Company. View the full context on Techmeme.
Insert That Wasn't Me, That Was Patricia Meme
A look at Congress' absurd plan to ban DJI drones in the US, even as the company adds geofencing restrictions and other features to comply with FAA regulations
By Jason Koebler / 404 Media. View the full context on Techmeme.
Insert Anthony Adams Rubbing Hands Meme
OpenAI buys Rockset, an enterprise search and analytics startup that raised $105M, integrating both the tech and staff of an acquisition for the first time
By Shirin Ghaffary / Bloomberg. View the full context on Techmeme.
