Issue 1607 - Monday 16th May, 2022

In Today's Issue

The News

Elon Musk "pauses" Twitter purchase

Elon Musk has put his quest to buy Twitter "temporarily on hold". He tweeted over the weekend that deal has hit a snag, "pending details supporting calculation that spam/fake accounts do indeed represent less than 5 percent of users", but he is still "committed to acquisition". Matt Levine over at Bloomberg reiterates that Musk has a binding contract and that contract "does not allow Musk to walk away if it turns out that 'spam/fake accounts' represent more than 5% of Twitter users". Musk is up to something dodgy, as usual.

VIC digital drivers licence still a while away

Work on Victoria's digital drivers licence is still dragging on. At a committee hearing the government services minister was unable to answer if the digital licence project is included in the $167m set aside for it and 20 other "new online services" ($167m!) to go online between 2022 and 2024, simply saying that "conversations are ongoing". So it looks like the soonest Victoria will have a digital drivers licence is 2024 while other states (NSW, SA, & QLD) are either active now or ready for 2023.

Onkyo's brand means nothing now

The once reputable hi-fi and home theater brand Onkyo has been slowly dying, but this week had the final nail slammed into its coffin. All the good stuff was sold off to Sharp and Voxx International back in September, with the rest of Onkyo filing for bankruptcy last week. The Onkyo name will live on via the Sharp and Voxx joint venture, but it'll likely be slapped on shit products like the sad sight of Polaroid or Kodak on a 24-pack of AAA batteries for $5 at Cheap as Chips.

Something I Saw On The Internet

Stuff I saw on the internet

Bargains

The End

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