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Thursday, August 27, 2026

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Iran has lost significant control of the Strait of Hormuz

The battle for control of the Strait of Hormuz has become the focal point of the Iran war. Over the past several months, both Iran and the United States have claimed the upper hand – and the competing rhetoric has caused considerable confusion and doubt.

Bloomberg: Andreesen Horowitz is the focus of an antitrust investigation.

According to Bloomberg, a “nearly year-old investigation” is looking into the possibility that a16z “investment partners are improperly serving on the boards of competing artificial intelligence companies.” Co-founder Ben Horowitz is on the board of Databricks, while partner Martin Casado was on the board of dbt labs before it was acquired by Fivetran, where he now holds a seat. [Link: The moral bankruptcy of Marc Andreessen and Ben Horowitz | https://www.theverge.com/2024/7/24/24204706/marc-andreessen-ben-horowitz-a16z-trump-donations | The Verge]

Elon Musk’s shortcut to a $1 trillion payday.

An escape clause in Elon Musk’s $1 trillion Tesla pay package approved last year would eliminate daunting operational targets if SpaceX were to purchase Tesla, as many expect. Under the terms, an acquisition treats those performance goals as met. Depending on the acquisition price SpaceX sets for Tesla, which Musk can heavily influence, a merger could instantly award him hundreds of millions of Tesla shares and consolidate his voting control. [Link: See How a Tesla-SpaceX Merger Gives Musk a Shortcut to His $1 Trillion Payday | https://www.wsj.com/business/see-how-a-tesla-spacex-merger-gives-musk-a-shortcut-to-his-1-trillion-payday-327bc491?st=Gq7Hre&reflink=desktopwebshare_permalink | WSJ]