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7 in, 17 out. Much needed clearance sale at Manchester United to trim a bloated wage bill:

Two physicists, Arnab Priya Saha and Aninda Sinha from the Indian Institute of Science, inadvertently discovered a new formula for calculating π while working on string theory. Their findings were published in Physical Review Letters in January 2024. This formula generates an

Premier league gross & net transfer spending this summer:

"Hire good people and give them room to do their jobs. Sounds great when it's described that way, doesn't it? Except in practice,...what this often turns out to mean is: hire professional fakers and let them drive the company into the ground" paulgraham.com/foundermode.ht…

Your Reds to face Liverpool 💪 #MUFC || #MUNLIV

Man United new CEO Omar Berrada: "... we don’t want to just win one Premier League and then be satisfied. We want to create a team that is capable of competing for the Champions League, for the Premier League and for the domestic cups on a consistent basis" Patience.

We are almost a month away from the Q3 earnings season! Make sure to subscribe to our weekly newsletter for full coverage: thetranscript.substack.com/subscribe Scott Krisiloff Mokaya

"formerly great magazine"

Black tax exemplified.

M&A drive😅

$AVGO CEO now believes that custom ASICs will dominate AI over GPUs "I used to think that general purpose merchant silicon will win at the end of the day....But like you, I flipped in my view"

Class is permanent.

Uganda decided to go all out. Superb goals:

Thank you Nate Silver Josh Wolfe, of Lux Capital, is fond of the phrase “chips on shoulders put chips in pockets.” Feeling left out, excluded, or estranged can make you extremely competitive. VCs want founders who are willing to commit to low-probability ideas — ideas they

In our newsletter this week: 🏦 Companies are looking to the Fed for rescue with a cut 🛍️ Dollar stores signal tough times for low-income consumers ⚡️ Data center energy needs could challenge the grid 📉 Non-AI semiconductors hit a 20-year low 🇨🇳 China's sluggish recovery

.Gavin Baker giving you more reasons to read earnings call transcripts (and subscribe to our newsletter covering key quotes from them 😎) thetranscript.substack.com

$ORCL CTO goes off when asked about when they will start monetizing AI: "I mean the best way to describe it. It's not something you sell separately...And I know people think it's a separate thing that, "Oh my God." And I hear a bunch of applications come say, "Oh, we've now got

"Europe is stuck in a static industrial structure...there is no EU company with a market capitalisation over €100B that has been set up from scratch in the last 50 years, while all 6 US companies with a valuation above $1T have been created in this period" On point.

One thing that saddens me to see is how Europe underutilizes its immigrant talent. So many skilled individuals struggle to find meaningful, relevant work or start businesses and are stuck in menial jobs. My take is tapping into their potential could help close the innovation gap

Blackstone PE head Joe Barattagives his best investment advice to young people: "I think the most dangerous thing in investing is to assume that this time it's different"