10 Wednesday AM Read – Big picture

Morning in the middle of my week The train WFH reads:

A How Elon Musk damaged Twitter and made it worse Mr. Musk exposed the lack of business and financial potential on Twitter. After criticizing the company’s weakness, he now wants to back away from buying it. (New York Times)

A Some companies are going remote and upgrading to new offices Companies that take on remote and hybrid jobs still bet that employee collaboration will benefit from regular office use. (Wall Street Journal)

A Those who are finding God through Bitcoin and into it: With the price of Bitcoin crashing more than $ 40,000 last year, sometimes falling below its maximum of more than 70%, some have predicted the death of crypto. Perhaps there is no better refutation of these predictions of cryptocurrencies than this community of Christian bitcoins, whose crypto-suffixes echo the more familiar, unwavering religious beliefs. (Slate)

A TikTok is full of shady secret ads: Influential people are supposed to publish their ads, but if they don’t, nothing happens. (Vox)

A Closing the deal: Home sales are being canceled at the highest rate since the epidemic began: Some home buyers are moving away from transactions because the slower housing market gives them more room to negotiate. Others are being forced to withdraw contracts because higher mortgage rates mean some homes are no longer affordable. (Redfin) See more About 1 in 5 sellers are lowering their prices, the highest rate since October 2019. Home buying competition arrangements are turning the plateau into an early stage demand post with its biggest annual decline since April 2020. However, mortgage rates may be flat, which could prevent further declines in demand. (Redfin)

A How hired hackers manage litigation: A collection of thousands of emailed records leaked by Reuters reveals that Indian cyber tenants are hacking into parties involved in lawsuits around the world – showing how hired spies have become a secret weapon for plaintiffs seeking an edge. (Reuters)

A Americans are generally richer than Europeans: but getting rich is not the only important thing: By almost any economic statistics we can find, Americans enjoy higher material values ​​than their European counterparts. But when it comes to living standards that are not included in GDP, Europe comes first. (Nohpinion)

A To catch a rare book thief From high-tech histories to ancient crime rings, this literary underworld will create a novel of its own. (Financial times)

A Why optimists live longer than the rest of us Do you want to see the glass as half full, not half empty? Are you always looking for the bright side of life? If so, you may be surprised to learn that this trend may actually be good for your health. (Washington Post)

A NASA’s James Webb Telescope captures groundbreaking images of distant galaxies.. Thanks to a new batch of images released by NASA from the James Webb Space Telescope on Tuesday, the splendor and vastness of the universe has never been seen before. NASA’s Jane Rigby, an operation project scientist at the James Webb Space Telescope, said the images of the new telescope were “really fantastic.” (NPR)

Be sure to check out our Masters in Business interview with Spencer Jacob, editor and author of The Hard on the Street column in the Wall Street Journal last weekend. In front of the tape Column He began his career as an analyst at Credit Suisse, where he eventually became director of emerging market equity research. He is the author of “That wasn’t the revolution: Gamestop, Reddit and the flirting of small investors

The most popular electric cars in the US market are not the Teslas, but Hyundai’s Ioniq 5 and Kia EV6

Source: Bloomberg

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