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  • I read this on Hacker News, which I found particularly interesting:

    Elon Musk’s bid for OpenAI isn’t about buying it but about disrupting its transition to a for-profit company. OpenAI Inc., the nonprofit, controls OpenAI LP, the capped-profit subsidiary. To convert to a full for-profit entity, OpenAI Inc. must sell its technology and IP to the new company, with regulators determining a fair valuation.

    The rumored SoftBank investment at a $260B valuation relies on this transition, but the current estimated valuation is around $150B. Typically, control premiums in such deals range from 20-30%, putting the expected nonprofit payout at $30B-$40B. However, Musk’s $97B bid for OpenAI Inc.’s assets sets a significantly higher valuation, giving regulators a strong argument that the nonprofit should receive much more.

    If regulators adopt Musk’s benchmark, OpenAI Inc. would end up with a 62% majority stake, making the transition far more complex or even blocking it entirely. Even though OpenAI won’t accept Musk’s offer, the bid’s primary effect is to make the legal and financial process of going for-profit much more difficult. It’s a strategic move designed to frustrate OpenAI’s leadership, particularly Sam Altman, and potentially derail the entire transition.

  • To be clear (and as far as I understand), it’s not a hostile takeover bid because it cannot be: OpenAI is not a public company and thus doesn’t have a fiduciary duty to thousands to millions of shareholders but instead to a handful of big investors who can decide for themselves whether they want that Elon’s money or not. So this isn’t similar to what Twitter had been through but more like Elon teasing Altman I believe.

  • Are you referring to this bit?

    update: Tried again, this time it worked, writing a longer post and putting the words in apostrophes.

    Putting the words in apostrophes may’ve worked as it prevents pixelfed.social from being linked to. It must be then the URL, not the “pixelfed” keyword, that is being blocked.

  • Decentralization @lemmy.world

    Facebook started blocking links to Pixelfed, a federated Instagram alternative using ActivityPub

    Decentralization @lemmy.world

    How decentralized is Bluesky really?

  • My issue with this is that, especially as a foreigner living abroad, I cannot always answer which shop might have the items I’m looking for.

    I wish Google Maps allowed searching for shops by their inventory, like it does searching for restaurants by their menu. Even better, an open web protocol like RSS where shop websites can communicate to all crawlers what items are being sold where and which are out of stock, so that it’s not a Google Maps monopoly but an ecosystem…

  • Decentralization @lemmy.world

    Google Play Store removing peer-to-peer app ‘Share’ functionality

    Decentralization @lemmy.world

    Petnames: A humane approach to secure, decentralized naming

    Decentralization @lemmy.world

    MirrorBrain — an open source framework to run a content delivery network using mirror servers

  • I fully agree with you and I’m not saying this in their defence but Element is not owned by Matrix either right? It’s owned by another (for-profit?) party and in fact Matrix (Foundation) doesn’t maintain any clients whatsoever.

    I guess it has something to do with “client neutrality” and the protocol not being defined by / tied to a “reference implementation” which I can get behind, but it’s hurting users in the end as you said.

    Hopefully things should get a whole lot more stable with Matrix 2.0 and which may incentivise people to put in more effort into writing better and more polished clients.

  • Decentralization @lemmy.world

    Matrix 2.0 is here!

    Decentralization @lemmy.world

    Forgejo v9.0 is available

    New Communities @lemmy.world

    Decentralization - For decentralized apps, protocols and communities

    Decentralization @lemmy.world

    Big changes are coming to ArchiveBox!

    Technology @lemmy.world

    Google Drive started killing third-party apps: End of the Road for Google Drive in Transmit

    Decentralization @lemmy.world

    sqlite3-rsync: Database Remote-Copy Tool For SQLite

    Technology @lemmy.world

    OpenFreeMap - a public vector tile server for OpenStreetMap

    Decentralization @lemmy.world

    PeerTube v6.3 released!

    Decentralization @lemmy.world

    ziglang.org migrates from AWS to self-hosting

    Decentralization @lemmy.world

    Radicle 1.0: a peer-to-peer, local-first code collaboration stack built on Git

    Decentralization @lemmy.world

    BitTorrent for geodata was big in 2005 (2011)

    Decentralization @lemmy.world

    DebTorrent (2013)

    Decentralization @lemmy.world

    Brazil’s X ban is sending lots of people to Bluesky

    Decentralization @lemmy.world

    Brave Deprecates IPFS Support