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Joined 3 years ago
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Cake day: June 21st, 2023

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  • I think they’re going to give him newly-issued stock, not cash. However, the newly issued stock will not be backed by new capital (i.e. nobody would have given the company money in exchange for the stock), so what will happen is that existing shares will have their values diluted, i.e. they will be worth less.

    In other words, shareholders will pay for Elon’s compensation by devaluing their investments, and not by drawing money out of Tesla’s coffers.

    $56B is roughly 10% of Tesla’s market cap of $581B, so shares should be devalued by about that same rate.









  • Apps can get woken up when a remote notification arrives that has the content-available key. Apps are woken up in background mode, at which point they have a few seconds to do whatever they need to do to refresh their content cache. This, of course, often leads to the app making a connection to the server, which exposes the user’s IP address.

    I think the sin here is that some apps always set the content-available key regardless of whether there is content to be retrieved or not. That turns the notification into a surveillance tool, allowing the app to check in periodically.