Interesting snippet from the SpaceX IPO prospectus: the “Space launch” part of the business has a gross profit margin of 67%. FAANG level margins in the physical world is impressive, whatever you thi… (View Post)

This appears to be completely untrue. According to this submission to the Thirlwell inquiry, the Countess of Chester Neonatal unit was downgraded to only take the lowest grade of premature babies on … (View Post)

Ah ha, I have found the relevant document by Phillip Hammond, which does indeed suggest that this is the correct interpretation: https://www.private-eye.co.uk/pictures/special_reports/lucy-letby-28.p… (View Post)

AI is real but, like the C19th railway boom, there's no guarantee that the companies doing the current build out are going to be the ones to profit from it. (View Post)

The Ukrainians have absolutely no incentive to freeze the lines in their current positions. It seems they currently have fire control over the roads that supply Crimea & the western part of the U… (View Post)