Archive
2023, page 2
Meituan's reported Foodpanda retreat eased pressure on Grab
A December 2023 report said Meituan had stepped back from Foodpanda talks. That eased a competitive threat without proving better delivery economics.
W48 TWIL: Cooking and getting around Mexico
I learned to make salsa and mole in Oaxaca, visited Uxmal, and practiced Spanish while getting around Mexico City.
Why I started "This Week I Learned"
Chasing financial headlines left little to revisit. I started keeping weekly notes on the things I learned while traveling.
Spanish food words I needed in Mexico
A small Spanish–English reference for ordering food in Mexico, from flavors and temperatures to cooking methods.
OpenAI’s staff forced a governance reset
The employee revolt after Altman’s removal showed the board lacked a workable continuity plan. OpenAI soon installed a new initial board.
Microsoft offered Altman a landing place. OpenAI kept him.
Microsoft’s November 2023 hiring announcement was part of a fast-moving governance crisis, not a permanent transfer of OpenAI’s leaders.
OpenAI fired Sam Altman. The board gave too little explanation.
OpenAI’s November 2023 removal of Sam Altman exposed a governance crisis. Its public statement did not establish a misconduct finding.
Grab reached positive adjusted EBITDA. The net loss remained.
Grab reached positive adjusted EBITDA in Q3 2023, while still losing money overall. The excluded costs and cash flow mattered.
Shein's reported IPO target needed more than download counts
Shein reportedly sought an $80–90 billion IPO valuation in 2023. App popularity could not establish the margins that price required.
Uber's Q3 2023 profit was a repeat, not a first
Uber reported $394 million in Q3 2023 operating income after turning positive the quarter before. The repeat was the useful result.