Technology

Holden being acquired by General Motors was okay for a while. Then it died, because they couldn't be stuffed with the Australian market, or the local car industry at the time (and in doing so, likely kicked off its demise).

Just went down the rabbit-hole of the acquisition of MySQL as I was bored. What a fascinating story.

Dude who made originally made it in 1995, Michael Widenius, named it after his daughter My, hence MySQL. He sold it to Sun for $1 billion in 2008. He then turned around, forked the software, and produced MariaDB (I always wondered why it was named that) starting a new organization around it in 2009. It's functionally nearly identical, often able to be used as a drop in replacement, assuming you aren't using new features developed after the fork. Last month, he sold it again, the same fucking base software, to some private equity firm (yay...). What a guy.

Unfortunately, he's run out of daughters to name software after and already used his son's name for something else, so we might be at the end of open-source, community-driven DB solutions from Michael. To be fair, relying on any projects from him to be free and open indefinitely is apparently not a good idea anyway.

MySpace -> acquired by News Corporation -> insta death

Also, Twitter was always crap.

Well yes. That's the point. Cut costs (slash staff, quality, etc) then make as much money as you can as fast as you can off the goodwill and fan loyalty built up by the original product/service.

Vulture Capital doing what it does. Make everything shittier AND more expensive.

I was just thinking today that any time i hear about a new company ill ask “are they publicly traded or planning to be?” I feel like thatll save a lot of time

Roster Teeth and Wizards of the Coast. Those turned out just cycling great.

Blogger is no longer supported and is suffering greatly people are leaving it in droves. You might as well call it dead