this post was submitted on 04 Apr 2026
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OpenAI has struck a deal to acquire TBPN, a technology-focused talk show popular in Silicon Valley, making an unexpected move into broadcasting after pledging to abandon "side quests" and focus on its core business.

The ChatGPT maker had purchased the 11-person company in a "low hundreds of millions of dollars" deal, according to a person with knowledge of the terms.

https://ghostarchive.org/archive/VfGEx

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[–] hexaflexagonbear@hexbear.net 11 points 2 days ago (1 children)

How did increasing interest rates not make money real again?

[–] sodium_nitride@hexbear.net 3 points 2 days ago

Cause the US is being pumped full of deficit spending cash. That cash doesn't have to like, be paid back. It just circulates.

On top of that, a higher interest rate leads to

  1. More money being brought into the US to chase after the interest rate
  2. Higher yields on US government bonds, leading to even more money printing.