Stephanie Hegarty
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stephaniehegarty.bsky.social
Stephanie Hegarty
@stephaniehegarty.bsky.social
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Population correspondent BBC News
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Reposted by Stephanie Hegarty
caseynewton.bsky.social
Always read @matt-levine.bsky.social www.bloomberg.com/opinion/arti...
And so you are left with the absolutely bizarre circumstance that a nonprofit plausibly might have a fiduciary obligation to sell to the highest bidder, even if it finds that highest bidder unsavory and uncharitable. What if it got a topping bid from the Chinese Communist Party? What if a robot wearing a fake mustache came in and said “I will pay $150 billion for your company and will not use it to take over the world and enslave humanity, what even gave you that idea”? Would the charity’s obligation — its obligation not to give assets away to a for-profit company, but to be paid fair value for them — require it to sell to the highest bidder?1
February 11, 2025 at 7:35 PM
Reposted by Stephanie Hegarty
bgrueskin.bsky.social
Not much to see here, just Mark Zuckerberg making sure that Stephen Miller, of all people, greenlights Facebook's new hiring policies.

Gift link to this excellent NYT piece: www.nytimes.com/2025/01/16/u...
January 16, 2025 at 7:40 PM
Reposted by Stephanie Hegarty
sarahjones.bsky.social
January 16, 2025 at 6:33 PM