The Daily Valet. - 4/26/22, Tuesday
✔️ What Happens Now?
Tuesday, April 26th Edition
Well this was the vibe shift no one asked for ...
Cory Ohlendorf , Editor ⋯ @coryohlendorf
Today’s edition is presented by
Today’s Big Story
What Will Musk Do With Twitter?
The world’s richest man gets what he wanted ... but what does he want to do now?
Yep. It didn’t seem possible, but it’s really happening. Elon Musk will soon hold the keys to Twitter. The big cash offer, (roughly $44 billion) will require a review by the Justice Department or the Federal Trade Commission, but regulators are unlikely to sue to block it, former antitrust officials told the New York Times.
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.”
On Monday night, Twitter co-founder and former CEO Jack Dorsey commented on the acquisition, kicking off his thread with Radiohead’s song “Everything In Its Right Place.” After stepping down from Twitter in November 2021, Dorsey continued to sit on the company’s board of directors—the board which approved the takeover bid Monday morning.
One big question everyone seems to be talking about is what will he really do with the platform? NPR rounded up the proposals that he’s already floated, which include loosening up content rules in the name of free speech, creating an edit button so users can change their tweets and scrapping advertisements.
Another question is will he reinstate previous banned Tweeters, like Donald Trump. At an all-hands meeting on Monday afternoon, a Twitter employee asked CEO Parag Agrawal whether Trump could be reinstated. Agrawal said that was a question for Musk. But the former president told Fox News last night that he will formally join his own TRUTH Social over the next seven days, as planned.
There were also some questions about whether Musk, whose massive fortune is mostly tied up in the value of his companies, could actually secure the cash needed to make a serious offer. But a new filing with the SEC revealed that he has secured some serious loans from several big banks (including Bank of America, Morgan Stanley and Barclays) likely using his shares of Tesla as collateral.
↦ FYI: If you’ve been saying you’d want to leave Twitter if Musk takes over, these are your options.
‘Russia Is Failing’
U.S. officials sneak into Ukraine’s capital to meet with President Zelensky
President Biden named a new ambassador to Ukraine on Monday after his top diplomat and defense official embarked on a risky visit to the war-torn country as a physical display of their belief in the country's defenses.
The cloak-and-dagger visit by Secretary of State Antony Blinken and Defense Secretary Lloyd Austin was meant to hail Ukraine's success in defending the capital, Kyiv, even as the Kremlin's brutal, two-month-old military offensive continued.
According to CBS News, they told the Ukrainian President and his advisers that the U.S. would provide more than $300 million in foreign military financing, and had already approved a $165 million sale of ammunition.
Just a few hours after the two Cabinet secretaries boarded a train for Poland, Russian forces bombed five Ukrainian railroad stations—including a rail line in Lviv near the Polish border. Officials said Russia had continued to shell the ravaged port city of Mariupol over the Orthodox Easter holiday weekend, and they questioned Moscow's announcement Monday that it would stop attacks so civilians could escape.
↦ Meanwhile: Zelensky scoffs at Russia’s planned “sham referendum” in occupied Kherson.
Partner
Give her some sentimental sparkle. When in doubt, a small piece of jewelry is never the wrong move when it comes to Mom.
People Aren’t Ready to Quit Quitting
The Great Resignation hasn’t ebbed yet, but some are having regrets
Are you sick of hearing the phrase, “The Great Resignation”? I wouldn't blame you. But the numbers keep growing.
A whopping 47.8 million workers in the U.S. actually did leave their jobs voluntarily in 2021, the highest number of resignations cited by the Bureau of Labor Statistics since they started tracking such data in 2001. Come 2022, and the movement hasn't shown much sign of slowing down. In February alone, 4.4 million people resigned in the United States. Globally, the trend has spread from Australia and the U.K. to Singapore.
But has it worked out for workers? According to the Wall Street Journal, some job switchers say they're feeling the job-market equivalent of buyer's remorse. Nearly three-quarters of American workers who quit to take a new job said they felt surprise or regret, according to a survey conducted earlier this year.
The Nation explains that the Great Resignation might be something of an exaggeration. Because while people are leaving jobs at a record pace, it's not a turning point for labor power. At least not the way most people expect it to be. “Employees still struggled to make ends meet, and the job was as physically brutal and mentally draining as ever.”
The First Sharp Smart Glasses
The frames only weigh 78 grams, and let you stream or game anywhere
Imagine sitting down on a plane, putting on a pair of sunglasses, and watching Bridgerton on a 120-inch screen. You don't need to wait for Apple's rumored AR headset for the opportunity. Because tech startup Viture has worked with London-based design agency LAYER to create a pair of smart glasses that do just that.
Designed to blur the boundaries between an accessory and tech object, the Viture One glasses have been adapted to have the slim profile of a pair of sunglasses. The virtual screen simply appears to float in your line of vision and can be used in most lighting conditions. Its operating system is compatible with almost all major streaming and gaming platforms, and can also be synced up to other Viture glasses—allowing you to watch or play with friends.
Unlike bulky headsets, the streamlined frames weigh just 2.75 ounces, despite packing in a ton of innovative tech. How, you ask? An accompanying neckband does most of the computing. It contains both the central processing unit and graphic processing unit, along with an intuitive control panel.
The ear-facing speakers have been seamlessly integrated into the temples of the frames and cannot be spotted when you're facing forward. In fact, the glasses just look like a slightly chunky pair of Wayfarers.
↦ Buy: Pledge $399 on Kickstarter to secure one of the first pairs available to the public.
In Other News
Other Things We’re Talking About Today
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Partner
Give Her Some Sentimental Sparkle
Abalone Hummingbird collection,$219 / $169 w/code VALET
When in doubt, a small piece of jewelry is never the wrong move when it comes to Mom. After all, she hardly ever treats herself to what she deserves, right? Timepieces International has a range of watches and gem-studded jewelry in a range of styles sure to speak to your mother's style—from shimmering pendants with natural abalone and baltic amber to a sleek ceramic watch. And right now, Valet. readers can take $50 off any purchase w/code VALET.
Infinity Heart necklace, $139 / $89
Cobra Blanco watch, $229 / $179
Puppy Amore pendant, $159 / $109
Baroque ring, $169 / $119
Baltic Amber Feline pendant, $149 / $99
Rethinking a Classic
Vintage pleated chino pant,$59.95 / $47 by Gap
The chino pant is a utilitarian classic that guys have been relying on since World War II. But after a decade of slim, trim fits, our team is now loving a relaxed or straight fit in a flat front, single pleat, or even a double pleat. They're a lot more comfortable and look a whole lot more modern too. We've rounded up some of our current favorites and know that which ever fit, color, or style you choose, they'll quickly become your go-to pants for the season.
Master chino pant, $115 by Carhartt WIP
Japanese cotton-sateen officer pant, $150 by Buck Mason
Pleated chino pant, $150 by General Admission
↦ Want more? 20 of the best chinos in 2022
Today’s Deals
Expires 4/26
Expires 5/1
Expires 5/4
↦ Want More? See all 43 sales
Morning Motto
Try not to lose your cool.
↦ Follow: @successfulmaster
That’s all for today...
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