Economy Food for Thought

The Proximate Cause

This (via Reuters): Twitter has $13 billion in debt after the deal and faces interest payments totaling close to $1.2 billion in the next 12 months. The payments exceed Twitter’s most recently disclosed cash flow, which amounted to $1.1 billion as of the end of June. https://www.reuters.com/technology/twitter-information-security-chief-kissner-decides-leave-2022-11-10/ The real question is why load it up with debt […]

Computing Germany History

LGP-30

What a find: On Monday, a German Redditor named c-wizz announced that they had found a very rare 66-year-old Librascope LGP-30 computer (and several 1970 DEC PDP-8/e computers) in their grandparents’ basement. The LGP-30, first released in 1956, is one of only 45 manufactured in Europe and may be best known as the computer used by “Mel” in a famous […]