MA𝕏

🇧🇪🇧🇳🇨🇦🏴󠁧󠁢󠁥󠁮󠁧󠁿🇫🇷🇦🇪🏴󠁧󠁢󠁷󠁬󠁳󠁿

[MA𝕏 @maxcm]

@stevenmarkryan ok, i get it now.

[MA𝕏 @maxcm]

@Spray_UK @Leonyomomma @DealsFinderUK what other website?

[ClaudeDevs @ClaudeDevs]

As a result of a US government directive, we are suspending access to Claude Fable 5 for all users. You can continue to use all other Claude models.

Here’s what this means for you:

Across Claude products, new sessions will run on your selected default model or Opus 4.8, and existing Fable 5 sessions will end with an error.

On the Claude Platform, requests to Fable 5 will also return an error. Please update your integrations to other Claude models.

We know this is a disruption to your workflows; we appreciate your patience and support.

[Anita Chen @amanitahalo]

london riders!
6.3 million on a typical weekday.
https://t.co/UZetzLe7g7
uses 15 minute NUMBAT demand data and network rail ITPS timetables.

[Tesla North America @tesla_na]

Tesla Insurance update

With the latest version of Safety Score (v3.0), every mile you drive with FSD Supervised enabled will receive a score of 100.

This allows you to maintain a higher average safety score over time, resulting in lower monthly insurance premiums.

Applies to new policies in Indiana, Tennessee, Texas, Arizona, Virginia & Illinois

[MA𝕏 @maxcm]

@Neutero_ @stevenmarkryan When you say “most”, can you confirm whether any uk brokers will indeed allow participation in spacex ipo?
Thank you

[MA𝕏 @maxcm]

@stevenmarkryan I’ve asked multiple brokers in uk, including barclays, (who seem to have been given the uk tranch). However none confirm that they will be allowing people to partake. We might need to wait until closer to ipo date, which is frustrating because i would change broker accordingly.

[Intel Foundry @Intel_Foundry]

Intel Foundry unveils the world’s thinnest GaN chiplet (19 μm).

By integrating power and digital control on a single chiplet, it delivers higher efficiency, faster switching, and smaller designs.

Learn more: https://t.co/EvI9UVxktY

#IntelFoundry #Semiconductors

[Massimo @Rainmaker1973]

No one, presently, sees the Moon rotate like this.

That's because the Earth's moon is tidally locked to the Earth, showing us only one side.

However, the Lunar Reconnaissance Orbiter has this view: a full Moon rotation.

[antosh @antosh_1]

@Dharmeshwr https://t.co/qjQ6IITrCW this is all the photos that came from this mission if you want

[Steve Jurvetson @FutureJurvetson]

🚀 The Q4 Rocket Report just came out, with a record breaking surge in launch activity.

SpaceX had 97% share of U.S. launch, and 83% globally. China was 8%, Russia 4%, all other U.S. 3%, Korea 1%, Japan 0.6%, Europe 0.2%, and India 0.1%

[cousin @cousincrypt0]

Mate what the fuck is going on

[John Ʌ Konrad V @johnkonrad]

This is potentially the biggest Iran story nobody is talking about: the global insurance market may be heading toward a systemic crisis. Here’s why…

Most people don’t realize London isn’t just a financial center it’s THE center of global insurance.

Lloyd’s underwrites ~40% of the world’s marine cargo. Ship sinks, port gets bombed, canal gets blocked the bill lands in London.

This is why the UK punches above its weight. Not the Royal Navy. Not diplomacy. Insurance.

Control insurance, control trade.
And London doesn’t just control the 90% of global trade that moves by sea. Lloyd’s and the London market are major insurers of almost everything skyscrapers, factories, ports, satellites, entire supply chains.

You can’t participate in public markets or raise large amounts of capital without insurance.

Now, the normal playbook for war risk is repricing, not cancellation.

Canceling coverage entirely is a massive escalation in underwriting posture. It signals something beyond risk, it signals uncertainty so deep the underwriter can’t even price it.

The question everyone should be asking: why?

Why not just jack up premiums and make a fortune off the crisis like they did in the Black Sea off Ukraine?

To answer that, you have to understand WHY London has maintained a stranglehold on global insurance while losing nearly submarket related to ships.

The answer: better intelligence.

It is no coincidence that MI6 headquarters sits directly across the Thames from the @IMOHQ, the world’s maritime regulator & a short distance from Lloyd’s itself.

I have no proof of a direct pipeline, but it has long been speculated in the industry that intelligence flows from MI6 to Lloyd’s.

Having the best intel in the world would be the single greatest competitive advantage any insurer could possess: the ability to price risk that competitors can only guess at.

Here’s the problem: the majority of MI6’s intel doesn’t come from its own agents. It comes from Five Eyes the alliance comprising the US, UK, Australia, Canada, and New Zealand.

And within 5Eyes, the dominant partner is obvious. The CIA, NSA, NRO, etc generate the lion’s share of intel.

So if Lloyd’s pricing advantage flows from MI6, and MI6’s best intelligence flows from the US… what happens when that data pipeline gets throttled?

All indications are that @Keir_Starmer was blindsided by the size and scope of the US/Israel strikes on Iran this weekend. That alone tells you something about the current state of transatlantic intelligence sharing.

And we know there has been serious anger in Washington over the UK’s decision to sell Diego Garcia, home to America’s most strategically important base in the Indian Ocean, to Mauritius.

It is not a huge leap to conclude that the submarine cables linking Langley to London have gone dark, or at minimum have been significantly throttled.

What this means for UK national security is a question for the Brits. But what it means for EVERY company globally that’s insured through the London market has massive implications for the entire financial system.

Because most large insurers worldwide don’t do independent intelligence work. They index off Lloyd’s rates.

If you’re insuring a skyscraper in Tokyo, a semiconductor fab in Taiwan, or a port in Argentina you get a Lloyd’s quote, then shop that price around.

Other insurers see Lloyd’s number and assume the diligence was done. They price accordingly.

This means if London is suddenly flying blind it’s not just Lloyd’s policyholders at risk. It’s the entire global reinsurance chain.

The cancellation of war risk coverage on ships isn’t the crisis. It’s the canary.

If this hypothesis is correct, we could be looking at a systemic repricing event across global insurance markets…. the kind of cascading uncertainty that defined 2008 and COVID.

Watch Lloyd’s. Watch reinsurance spreads. What Five Eyes. That’s where this story, and possibly Wall Street, breaks.

CC @BillAckman

[MA𝕏 @maxcm]

👅

[Tesla @Tesla]

First Cybercab off the production line at Giga Texas

[𝒟ℯ𝓇ℯ𝓀 @Conceptcowboy]

114 Goud Street.

2010 vs 2024.