Welcome to another edition of “The backlog of Soubhagya”
You may notice some affiliate links, buy something if you want. This motivates me to keep writing these newsletter articles.
Twitter and Elon Musk
Now Memestar Elon Musk owns Twitter. The story begins when he purchased a 9.2 percent stake in Twitter and become the second-highest shareholder and was invited as a director of the company.
But Musk refuses with making an offer to own 100% of the company. When he is going to be a director then he can’t own more than 14.99% of the stake. So Musk wants more than just 14.99%. then the historic day begins and Elon tweets saying “I made an offer” with a link to SEC filings.
After that tweet, there is a lot of discussion going on and the Twitter board decided to apply the “poison pill” Twitter started to reevaluate Elon's bid to buy the company for $43 billion dollars
Even after the poison pill, the Twitter board accepts the offer of buying Twitter for $44 billion dollars. Now, Elon Musk owns Twitter.
🗨️Quote worth sharing
You don't need more time, you need more focus.
Shane Parrish
Worth exploring
1. Watch
Super Pumped: The Battle for Uber
The story of Uber from the perspective of the company's CEO Travis Kalanick.
Surviving the Coldest City on Earth (-64°C,-84 °F) Yakutsk
2. Read
Mathematicians suggest the “37% rule” for your life’s biggest decisions
When trying to pick the best among many options, how many samples should you try before you commit? This is known as the optimal stopping problem.
Mathematicians tell us that, to maximize the chances of the best outcome, we ought to ditch the first 37% of any options.
In psychology, people tend to either "explore" or "exploit" more. But, sadly for us, relationships are a bit messier than probability would have it.
ReCAPTCHA: Fight Spam And Digitize Books
Thanks to the wonderful world of spammers most websites these days rely on CAPTCHA images to force users to prove they are human before accepting comments or other user feedback. In fact, humans solve roughly 60 million CAPTCHAs a day according to the people behind reCAPTCHA a group that wants to leverage that effort.
3. Listen
Question of this week
What is the best movie you watch recently?
Consider subscribing to this newsletter and comment your thoughts and answer the question by simply replying to this email or in the comment section.