10 interesting stories served every morning and every evening.
...
Read the original on www.threads.com »
To use the Mastodon web application, please enable JavaScript. Alternatively, try one of the native apps for Mastodon for your platform.
...
Read the original on mastodon.social »
About four months ago I quit my job at Doublepoint and decided to start my own thing.
I’d been working on a little project with Pedrique (who would become my co-founder) for a bit over half-a-year and decided I had enough signal to determine he was someone I wanted to start a business with.
I was excited about the idea we were working on at the time (we were live with paying customers and truly believed in the thesis), but in hindsight, being truly honest about my motivations, I mostly wanted to run my own thing. In a dream world I’d have had the “idea of my life” while working at PostHog or Doublepoint and have gone on to build that with maximum conviction but this wasn’t the case, so I got tired of waiting for a spark and decided to go out and make it happen, with the idea we were working on being our best bet at the time.
Since I’d just quit my job, I had my finances well in order. Thus, my ideal scenario would have been to keep working on the product we had, try to scale it, and if that didn’t work, try something else, then something else, until something did indeed really get off the ground, and only at that point we would consider whether or not to raise VC funding, depending on whether it made sense or not.
My ideal scenario wasn’t going to work for Pedrique, though. He had told me for a while that the money he had saved up for trying to build his own thing was running out and that soon he’d need to start freelancing or something to make some income in order to sustain the search for a little longer. Prior to us working together, he had a bit of success with his MicroSaaS products but only just enough to increase his personal runway, which was now reasonably short.
We had spoken about this before, but with me now being 110% in, we had to do something about it. I had just come in full-time so we weren’t about to go back to a dynamic where one person was full-time and the other part-time because they needed to make ends meet. The decision then became clear: we’re gonna raise.
At that point, it was an easy decision to make. Again, we have two co-founders who have a lot of confidence in each other, and we don’t want to let the opportunity pass us by. So while this wasn’t my ideal choice, we were a business now and this was the best decision for the company. “Just don’t die” goes the advice I think, and Skald had just then been born.
And so raise we did. We brought in four phenomenal angels, including, and this is relevant, my last few bosses (PostHog co-founders James and Tim and Doublepoint co-founder Ohto), and then decided to look for an early-stage fund. We eventually landed with Broom Ventures and passed up on a few other opportunities to limit dilution.
Great, right? I didn’t need a salary yet, but for equality purposes, I now had one. Our investors are amazing. James and Ohto have been particularly helpful as angels (thank you!), and our investors are all founders of successful companies, including Jeff and Dan, the Broom GPs. We’re super early, but Broom has been massively helpful and all-around just a great hands-off VC to deal with.
Most importantly, none of them put any pressure on us. All understand the nature of pre-seed investing well, and that can’t be said about all the potential investors we took meetings with.
So some time passes and we decide to pivot. We’re really excited about the new idea. We launch and get a bit of early traction. The open source project is doing well, but we’re struggling to monetize. We fail to close a few customers and the traction wanes a bit.
Then I find myself fucked in the head.
And here’s where we get to the point that I’m not sure I should be talking publicly about. Does this hurt my image a bit? Maybe. Do I look like I’m not cut for this? Potentially. But I’ve always appreciated when people share about the process rather than just talking about things in hindsight, and reflecting while things are happening + being super transparent publicly is how I am. You’re witnessing my growth, live, as I type these words.
Anyway, so what happened is I found myself spending days with my head spinning, searching for ideas. I’m angry, I’m annoyed, and I’m not being super productive.
As I dug deeper into these feelings, I realized I was feeling pressured. We weren’t making that much money, we weren’t growing super fast. Then you look around and see “startup X gets to $1M ARR a month after launch” and shit like that and I’m feeling terrible about how we’re barely growing. I’m thinking people that I really respect and admire have placed a bet on me and I’m letting them down.
Except they’re not saying this, I am.
There’s an interesting reflection that came up in a discussion between me and my girlfriend a few months prior that I realized applied to me, but in reverse. It’s much more comfortable to be the person that “could be X” than to be the person that tries to actually do it. We were speaking about this regarding people who have a clear innate talent for something like music or sports but don’t practice at all. Everyone says things like “you’d be the best at this if you just practiced more” but then they never do.
The thing is: it’s a lot easier to live your life thinking you could have done X if you wanted to, than to “disappoint” these people that believed in you by trying and failing. You can always lean on this idea in your head of what you could have been, and how everyone believed in you so it must be true, but you just chose not to follow that path.
In my case, I found myself on the other side of that coin. Throughout my career, I’ve always had really high ownership roles, and have been actively involved in a couple 0 to 1 journeys. This led me throughout my career to get many comments about how great of a founder I’d be or how I have the “founder profile”. I led teams, I wore a bunch of different hats, I worked hard as fuck, and I always thought about the big picture.
Those traits led my former bosses to then invest in me, and now suddenly I have to, in my head, live up to all of this. I can no longer take solace in some excuse like “I could have been a founder but working full-time was the best financial decision (it almost always is) so I never started my own thing”. I set foot down a path from which there’s no return. I’ve begun my attempt. I can of course stop and try again later. But from now on, I’m either gonna be a successful founder, or I’m not. And if I’m not, I’ll have to deal with having broken with the expectations that people had of me.
There’s a lot to unpack here, including what “success” means, and how most of what I say are other people’s expectations are actually my own projected onto them (I’ve learned this about my relationship with my father too), but this post is already a bit too long so I’ll save those for another time.
But the whole point here is not just that having raised this money from friends my head got a bit messy, but that I started to actually operate in a way that is counterproductive for my startup, while thinking I was actually doing what was best.
Ideas we considered when pivoting were looked more through a lens of “how big does this feel” rather than “what problem does this solve and for who”. The slow growth was eating me, and while slow growth is terrible and can be a sign that you’re on the wrong path it needs to be looked at from an objectively strategic lens. Didn’t we say we were going to build an open source community and only later focus on monetization? Is that a viable strategy? Do we actually have a sound plan? Those were the things I should have been thinking about, rather than looping on “we need something that grows faster”.
The people who invested in us, invested in us, not whatever idea we pitched them. And the best thing we can do is to follow our own process for building a great business based on what we believe and know, rather than focusing on making numbers look good so I can feel more relieved the next time I send over an investor update.
We have a ton to learn, particularly about sales (since we’re both engineers), so we can’t just be building shit for the sake of building shit because that’s our comfort zone. But if our process is slower than company X on TechCrunch, that’s fine. It’s a marathon after all.
So after probably breaking many rules about what a founder should talk about publicly, what was my whole goal here? I mean, the main thing for me with posts like this is to get things off my chest. I’ve always said that the reason I publish writing that includes poems about my breakup, stories about falling in love, posts about my insecurities, and reflections about my dreams is that by there being the possibility of someone reading them (because technically it could be the case that nobody does) I can truly be who I really am in my day-to-day life. If I’m ok with there being the possibility of a friend I’ll meet later today having read about how I felt during my last breakup, I can be myself with them without reservations, because I’ve made myself available to be seen. That’s always been really freeing to me.
As a side effect, I’d hope that if this does get read by some people, particularly those starting or looking to start a business, that they can reflect about themselves, their lives, and their companies through listening to my story. I thought about writing a short bullet list about lessons I learned from raising money and dealing with its aftermath here, but honestly, that’s best left to the reader to figure out. We’re all different, and how one person reacts to a set of circumstances will differ from someone else. Some people don’t feel pressure at all, or at least not from friends or investors. Or they only respond positively to pressure (because it certainly has benefits too). Maybe they’re better off than me. Maybe they’re not.
This is my story, after all. I wish you the best of luck with yours.
P. S. I’m doing good now. I’m motivated and sharp. If someone finds themselves in a similar situation, feel free to shoot me an email if you’re keen to talk. Happy to go over what was useful for me, which fell outside of the scope of this post.
...
Read the original on blog.yakkomajuri.com »
Kip (meaning “grammatical mood” in Turkish) is an experimental programming language that uses Turkish grammatical cases as part of its type system. It demonstrates how natural language morphology—specifically Turkish noun cases and vowel harmony—can be integrated into programming language design.
This is a research/educational project exploring the intersection of linguistics and type theory, not a production programming language.
There is also a tutorial in Turkish and a tutorial in English that explains how to write Kip programs.
For you to get a taste of what Kip looks like, here is an example program that prompts the user to enter a number and then prints that many of the Fibonacci numbers:
Kip uses Turkish noun cases (ismin halleri) to determine argument relationships in function calls:
Because Turkish cases mark grammatical relationships explicitly, Kip allows flexible argument ordering. These two calls are equivalent:
As long as arguments have different case suffixes or different types, Kip can determine which argument is which.
Sequencing with -ip/-ıp/-up/-üp suffixes and binding with olarak:
# Quick install (macOS/Linux)
chmod +x install.sh
./install.sh
# Or manual build
stack build
The TRmorph transducer is bundled at vendor/trmorph.fst.
# Start REPL
stack exec kip
# Execute a file
stack exec kip — –exec path/to/file.kip
# Install to PATH
stack install
A browser playground build is available under playground/. It compiles the non-interactive runner (kip-playground) to wasm32-wasi and ships a small HTML/JS harness that runs Kip in the browser.
See playground/README.md for prerequisites, toolchain setup, and build steps.
Kip stores a cached, type-checked version of each .kip file in a sibling .iz file. When you run a file again, Kip will reuse the .iz cache if both the source and its loaded dependencies are unchanged.
If you want to force a fresh parse and type-check, delete the .iz file next to the source.
stack test
Tests are in tests/succeed/ (expected to pass) and tests/fail/ (expected to fail).
Kip uses TRmorph for Turkish morphological analysis. When a word has multiple possible parses (e.g., “takası” could be “taka + possessive” or “takas + accusative”), Kip carries all candidates through parsing and resolves ambiguity during type checking.
For intentionally ambiguous words, use an apostrophe to force a specific parse: taka’sı vs takas’ı.
...
Read the original on github.com »
The town of Ivrea is quite old and has a rich history, but today, its population has shrunk from around 90,000 in 1970 to just over 20,000 in the 2020s. In the 1400s, Ivrea gained small Jewish community. By the mid 1800s, Salvador Benedetto Olivetti was a successful textile merchant in that community, and he married Elvira Sacerdoti, a banking heiress from Modena. Salvador and Elvira had Samuel David Camillo Olivetti on the 13th of August in 1868. Tragically, Salvador passed away when Camillo was just a year old. Camillo, whether the result of his father’s death or just his wiring, had a rather solitary nature. He was impetuous, rebellious, nonconformist, and prone to rather sudden outbursts. By all accounts, Elvira did well by her children, Camillo and Emma. They were taught multiple languages, versed in culture and politics, and they were taught to be open-minded. Camillo attended Calchi-Taeggi College in Milan (a boarding school) and then went on to the Royal Industrial Museum (Polytechnic University of Turin today).
Royal Industrial was the first school of its kind in Italy, a school of electrical engineering. Among the prominent minds there was Galileo Ferraris who’d independently developed AC power, invented the induction motor, and taught Olivetti. Olivetti graduated in 1891, and he went to work at a manufacturing firm in London that produced tools for electrical measurement. This was a short lived endeavor, and Olivetti returned to Turin to work for Ferraris. In 1893, Olivetti accompanied Ferraris to the Chicago Electricity Congress and the World’s Columbian Exposition. The two then made their way to West Orange Laboratories in Llewellyn Park, New Jersey to visit Tomas Edison. Olivetti had a positive view of Edison, but he noted that Edison and Ferraris had a difficult time conversing. Ferraris didn’t speak much English, and Edison was hard of hearing. Due to these barriers, Olivetti had to translate for Ferraris… rather loudly.
Ferraris left the United States to return to Italy, but Olivetti chose to continue his adventure. He visited Pittsburgh, Albany, Boston, New York, Salt Lake, and San Francisco. It was the Bay Area that occupied the majority of his time in the USA from what I can tell. He served as an assistant electrical engineer at Stanford from November of 1893 to April of 1894, and he was able to conduct various experiments into the usage and application of electricity.
Olivetti viewed both the British and the American industrial and economic environments favorably, and when he returned to Italy, he sought to build. His first enterprise was to represent the Victor bicycle and Williams typewriter companies in Italy. This didn’t last long. Then with his classmates Dino Gatta and Michele Ferrero, he opened a factory that produced electric metering equipment This company and factory relocated to Milan in 1904. While this had some success, it wasn’t fulfilling for Olivetti.
In 1899, Camillo Olivetti met Luisa Revel. Revel was the daughter of a pastor, and she was rather shy. The two were as opposite as one could imagine, but they fell in love and married. They had six children: Elena (1900), Adriano (1901), Massimo (1902), Silvia (1904), Lalla (1907), and Dino (1912). The children were home schooled for much of their primary educations, and Olivetti wanted them to play and enjoy the sun in their youths as much as possible.
On the 29th of October in 1908, Camillo Olivetti registered Ingegneria Camillo Olivetti & Compagnia with the Notary. The initial funding was 350,000 lire (about 2.9 million USD in 2025 dollars) with Olivetti holding a majority of the company and 13 partners having smaller stakes. With the first factory for his new typewriter company being built, Olivetti wanted a home nearby. He purchased the Convento di San Bernardino which then became Casa Olivetti. The setting of a former convent is fitting. Whether a result of his personal and political beliefs, his wife’s influence, divine revelation, or some combination of these elements, Olivetti converted to Unitarianism. I imagine that in particular, the Unitarian faith’s strict monotheism would have been familiar to him having been raised in Judaism, and the Unitarian emphasis on reason, science, and philosophy would have been attractive to him as an engineer.
Over the course of six months in what was formerly the chapel and now his private study, Olivetti developed the prototype of his first typewriter. Of course, Olivetti didn’t intend to be second-rate. He took another trip to the USA to familiarize himself with the best practices for typewriter production (particularly at Remington, after acquisition that company became Remington Rand), and he returned to Ivrea in late 1909 or early 1910 with Brown and Sharpe automatic lathes and milling machines. His first four employees were Valentino Prelle, Giuseppe Trompetto, Pietro Bronzini and Stefano Pretti. At the World’s Fair in 1911 (April through November) in Turin, the M1 was displayed to the public for the first time. Also on display were the machine tools used in the production of the typewriters, and it was somewhat clear that Olivetti was as proud (if not more so) of his production methods as he was his products. The fair’s catalogue stated that Olivetti was the first and only typewriter factory in Italy, and of the M1 it mentioned that the product was first class, patented in several countries, of an original design, producing legible characters with a standard keyboard, a two-color ribbon, a decimal tabulator, back-space, and margin adjustment.
The first large order for Olivetti machines came shortly after the Fair with the Italian Navy ordering 100. This was followed by another sizable order in 1912 from the Italian postal service. The M1 was usually sold for 550 lire and around 6000 were produced. It was a complicated machine with around 3000 parts, all of which were handmade. The completed typewriter weighed around 37 pounds, had 42 keys, 84 signs. Every description of this machine notes that the M1 was exceptional with rapid operation, high quality construction, and great reliability.
As I have been unable to find the exact date on which that price was set, ascertaining the relative price of the M1 today is difficult. If I assume that this price was set in 1911, the total price in 2025 dollars would be something like $3885.32. I cannot imagine many orders at such a price. Yet, this same price of 550 lire would equate to something around $1200 in 1918. One interesting anecdote was that the M1 was about 100 lire more than a Remington. So, this would place the price of the M1 around $1670 in 1912 adjusted to 2025 dollars.
In running his company, Camillo Olivetti was a generous and familiar man. He implemented a shortened work week, humane factory conditions, high wages, nine and a half months of paid maternity leave, child care, family welfare, worker’s housing, recreation facilities, educational services, and profit sharing. He didn’t separate himself from the workers in his factories, and he maintained friendships with many of them. This camaraderie led to many decisions being made as a group rather than being made top-down. As for his view of the company’s production, he embraced a policy of vertical integration. Product design, research, manufacturing, and sales were done in-house. The parts for every product were likewise produced by the company itself. With a demand for extremely high quality and superior engineering, workers would be educated and trained at Olivetti if they lacked adequate experience. All of this made Olivetti an attractive place to work, and the company grew from 20 employees in 1911 to 110 employees by 1913. Those 110 employees could produce 23 to 28 typewriters each week.
The years 1915 through 1918 were rough on the company with Europe at war. The work week was reduced to 30 hours, workers often had to defer wages to keep the company running, and the factory was converted for wartime needs. At the end of the Great War, the Olivetti company took advantage of some of its recent factory modifications to expand into the office supplies business becoming an Italian equivalent of Remington, a major distinction being that Olivetti’s products were intended to be not only of high quality, but things of beauty. From the minds of designer Marcello Nizzoli, calligrapher Giovanni Mardersteig, and artists Luigi Munari, Ettore Sottsass, Luigi Veronesi, and Gianni Pintori came products that were every bit as visually stunning as they were mechanically sound.
The M20 was unveiled at the Brussels Exhibition of 1920. Compared to its predecessor, the M20 was physically smaller, lighter, and had a fixed carriage. It was also incredibly successful. Four years after introduction, the company’s Ivrea factory had 400 workers producing 4000 units per annum. By 1926, this increased to 500 workers and 8000 units per annum, then to 13,000 per annum by the end of 1929. The design of the M20 wasn’t completely static, and it received updates throughout the 1920s.
On the 22nd of January in 1929, Olivetti’s first international expansion was established with the Hispano Olivetti Company.
The Olivetti family were mildly socialist in their political attitudes, and while Camillo may have converted to Unitarianism, his wife and children remained Waldensian Christians in keeping with their upbringing. In 1922, the National Fascist Party had gained control of the Kingdom of Italy. Camillo Olivetti’s son, Adriano, graduated from Polytechnic University of Turin in 1924. Adriano was opposed to fascism, and he aided in the escape of several political prisoners including Filippo Turati, Ferruccio Parri, and Carlo Rosselli during his first year following university while working as a technical assistant in the engineering group at Olivetti. Like his father before him, he went to the USA, but unlike his father, his trip served to get him away from the authorities. That isn’t to say he didn’t study industry while there, because he most certainly did. For the younger Olivetti, the visit was dominated by Henry Ford’s production lines, and Remington’s organizational systems. Returning to Italy and to the company, Adriano was promoted to the head of mechanical design where he was in charge of the product development processes. In early 1929, he was promoted to the position of technical director. In this position, he was the leader of all engineering and production operations. That same year, the Concordat of 1929 made Roman Catholicism the sole religion of Italy. Unsurprisingly, Adriano suddenly became a member of the party, but we know that this was merely a matter of appearances as the factory in Ivrea offered food, false identities, and shelter for fugitives of the regime; activities which continued until May of 1945.
The Olivetti M40 was released in 1930 replacing the M20. The M40 had keys requiring less force to operate and thus allowed a higher typing speed. It maintained the Olivetti reputation for quality, had a QZERTY layout complete with spacebar, two shift keys, one capital lock key, backspace, and two keys allowing for the changing of the ribbon color. The M40 was in production until 1948, saw numerous updates and revisions, and sold quite well. The M40 was engineered by Camillo, and production was managed by Adriano.
Following the success of the M40, Adriano was promoted to the position of general manager in which he handled the management of all day to day activities of the company. That same year, the company released the Modello Portatile 1, or MP1, create by Gino Martinoli, Adriano Olivetti, Riccardo Levi, Aldo Magnelli, and Adriano Magnelli. This was the company’s first portable typewriter, and it weighed 11.46 pounds. While the M1 and M20 were offered in any color you wanted as long as that color was black, the MP1 was far more lively with red, blue, brown, and green as options.
With the company now competing in office products, typewriters, and mobile equipment, Olivetti continued their international expansion with offices across much of Europe and Latin America. Production tripled from 1933 to 1937, and in 1938, Adriano became the president of the company. Naturally, this production increase required more workers, and those workers needed housing. Adriano then undertook urban planning and infrastructure development in Ivrea creating neighborhoods of three and four story flats with green spaces. These were designed by prominent and well-known architects. From the 1930s through the 1960s, the Olivetti family would invest roughly 3 billion lire in worker welfare in the form of housing, child care, schools, professional training centers, and more. With Olivetti’s presence in the town, Ivrea grew from around 15,000 to more than 30,000 by the late 1950s. That number would triple by the mid-1970s.
During World War II, Adriano’s resistance to fascism grew. On a trip to Switzerland in 1942, he met Allen Dulles who was then the Swiss Director of the US Office of Strategic Services. Adriano became agent 660 of the OSS on the 15th of June in 1943. Mussolini was removed from power on the 25th of July in 1943 through the efforts of Dino Grandi with support from King Victor Emmanuel III. Marshal Pietro Badoglio then became the Prime Minister. Adriano was arrested and imprisoned at Regina Coeli in Rome for conspiring with the enemy, but Italy was in chaos. This chaos allowed him to escape, but he was a fugitive from the law who was variously hiding and running for around six months. Camillo passed away in December, and it is unclear if Adriano was able to be present with his family. Finally in February of 1944, Adriano reached the safety of Switzerland where he once again made contact with Dulles, and he operated his counter-regime efforts from there. Olivetti in Ivrea continued to offer assistance to those fleeing persecution and Adriano supplied the allies with intelligence. In the fighting in Italy, resistance to the regime cost the lives of 24 workers at Olivetti’s Ivrea location, but in the end, the regime was defeated. As peace arrived, Olivetti returned to Italy in May of 1945.
Through all of this, Adriano’s views had solidified to be completely against fascism, oligarchic capitalism, and marxism. He sought something different, and this he formulated as the Community Movement. He believed in a federalism comprised of territorial units that were both culturally homogeneous and economically autonomous. He believed this to be the only path toward uniting industrialization, humanitarianism, and participatory democracy. Outside of politics, his spirit had also moved, and Adriano converted to Catholicism in 1949. These changes in his thinking led him to become the mayor of Ivrea and later to hold a seat in the Italian parliament.
After the war, Olivetti expanded into the calculator market with Divisumma 14 in 1947. The desktop electro-mechanical calculator could perform addition, subtraction, multiplication, and division and print the results. It was the first printing electric calculator to be capable of all four functions and the first to include a negative balance function. The Divisumma 14 also offered a few convenience features. The user could input data merely for reference in print and not calculation, a calculate without print option to avoid polluting the print with unnecessary data, and a stop for avoiding infinite loops such as when attempting to divide by zero. It was offered in beige and blue. The industrial design came from Marcello Nizzoli while the mechanical and electrical design came from autodidact Natale Capellaro. Various iterations on this design were then produced with fewer features at lower price points. Other variations were created specifically for currencies. Later revisions on the design would also add a joystick rather than the two sliders for cursor placement. This design was later refined with Divisumma models 22, 24, and 26.
While Adriano had fled to Switzerland, things hadn’t been quite as easy for Enrico Fermi. Having become a professor in 1926 at the age of just 24, he lacked the claims of vital economic importance that had aided the Olivetti family. In 1938, the Italian racial laws made things difficult and dangerous for his wife, Laura, and several of members of his research team. This pushed Fermi to the USA where he arrived on the 2nd of January in 1939 in New York City. As a well known man, he had offers from five universities, and he chose Columbia. Fermi’s first lecture to the US military about nuclear energy was given on the 18th of March in 1939, and by August of 1941, he was working with six tons of uranium and thirty tons of graphite. Ultimately, Fermi ended up at Los Alamos as associate director.
In 1949, Enrico Fermi was visiting Italy, and that visit included a trip to Olivetti’s factory in Ivrea. Adriano and Fermi discussed several topics, but the most important conversation was one in which Fermi urged Adriano to consider building computers as Fermi felt that the machines would be vital to the future.
In 1952, Olivetti opened a research center in New Canaan, Connecticut to observe US developments in computing (the company’s offices in the USA were in New York City). In 1954, Adriano met Mario Tchou Wang Li in New York. Tchou was born in Rome, spoke Italian, Mandarin, and English fluently, and earned his bachelor’s degree in engineering from the Catholic University of America in Washington, and then earned his master’s in nuclear physics from the Polytechnic School of Brooklyn in 1949. At the time of their meeting, Tchou was working as an associate professor at Columbia. To Adriano, Tchou was precisely the kind of man Olivetti needed. Adriano offered him a job, Tchou accepted. In December of 1954, he arrived in Pisa.
With Tchou as the head of the Laboratorio di Ricerche Elettroniche at Olivetti, the site of the company’s efforts had to be selected. The first location was the Physics Department of the University of Pisa in cooperation with the school’s Centro Studi Calcolatrici Elettroniche. The Olivetti team helped the school complete the Calcolatrice Elettronica Pisana in 1957, remarkable as the first entirely Italian electronic computer.
During the building of the university’s computer, the Olivetti team moved to a nearby villa, and Tchou began recruiting the twelve best young minds he could from the school and surrounding area, and one veteran of the industry, the Canadian Martin Friedman who’d worked on magnetic memory for the Ferranti Mark I. By the end of 1955, the research group numbered about 25. This group immediately set out to build the prototype of a commercial machine, the Macchina Zero also known as the Elaboratore Elettronico Aritmetico 9001, or ELEA 9001. This first machine was a vacuum tube computer, and it was only used internally by Olivetti. Similarly, the 9002 came after this aiming to reduce costs and increase reliability.
Upon completion of the 9002, Tchou gathered his senior researchers and told them that this machine simply wouldn’t do. Olivetti would launch a fully transistorized mainframe computer. For this, the company allied itself with Fairchild, and launched its own transistor company, Società Generale Semiconduttori, in 1957. The two companies then codeveloped the planar process for integrated circuit manufacturing. The prototype transistorized ELEA was completed in late 1958. This became the ELEA 9003 which was presented to the President of the Republic Giovanni Gronchi on the 8th of November in 1959. This machine weighed in at about five tons, and it could run 8000 to 10,000 instructions per second. It was built with transistor-diode logic and core memory. The ELEA 9003 wasn’t built with the concept of words (not really anyway). Each memory location could hold a single alphanumeric character with an instruction being eight characters long. The base memory was thus 20,000 memory locations and could be extended to 160,000 or 20K 8bit instructions or about 26,666 6bit characters. With a cycle time of about 10 microseconds, the computer’s speed was approximately 100KHz. Uptime wasn’t great, just shy of 50% per day, typically being available only between the latter part of each morning to the early part of the evening. This improved over time. The 9003 was capable of limited multitasking with three processes being able to be run simultaneously. At the time of introduction, those programs could be written only in machine language. The machine had no dynamic memory allocation so each program was loaded contiguously and always at the same memory location. By convention, the first 3,000 characters were left available for testing programs. Over time, Olivetti made an assembler, Psico, available along with testing software, a monitor program, and tape handling software. For I/O, the 9003 offered card reader/punch, tape, printer, and of course, an Olivetti typewriter.
The cabinets of the 9003 were made to be fully accessible by a human without the need for ladders standing just shy of five feet high, and the wiring was in overhead conduits rather than under the floor. The contents of each cabinet were color coded with strips that indicated power, memory, ALU, control unit, and the like, and each was arranged in three parts, opening like a book.
Forty 9003s were installed, offered via lease between 1959 and 1964. The first 9003 was installed at Marzotto in Valdagno, and the second was installed at Banca Monte dei Paschi di Siena. This second example is the only currently known to be complete and functional, and it was donated to the Enrico Fermi Technical Institute in Bibbiena by the bank.
The ELEA 6001 was released in 1961 as a smaller and more affordable computer though it was still a mainframe of several cabinets. This computer shipped in two different versions, one for the sciences and one for commercial use, designated by the suffix of S or C to the numeric designation. Characters were four bits which led to some complexities when using machine code (various signifier bits preceding or following a character), and the memory configurations available ranged from 10,000 to 100,000 4bit characters of core with 40,000 being the most common. With little memory on hand and with various schemes aimed at efficient use, the 6001 was shipped with FORTRAN for scientific uses, and with Palgo (Algol dialect) for commercial uses. This machine sold between 140 and 170 units depending upon which source one prefers to trust.
Sadly, Adriano passed away rather suddenly in February of 1960 from a cerebral thrombosis while on a train to Switzerland. Tchou died in a car accident on the 9th of November in 1961 on his way from Milan to Ivrea to discuss a new line of computers built from ICs with management. The two had planned to launch their computers in the United States following Olivetti’s 1959 acquisition of the Underwood typewriter company, but after their deaths, this expansion plan was cancelled. Some workers, documentarians, and Adriano’s personal guard alleged that their deaths were perpetrated by CIA (successor to OSS), but this was countered by the Tchou family who stated there wasn’t any evidence of foul play.
Robert Olivetti was the eldest son of Adriano and was born in Turin on the 18th of March in 1928. He was educated in business administration at Bocconi in Milan, and then at Harvard. He joined the company in 1955, and became the director of the electronics division in 1959. He became CEO in 1962.
By 1960, the research group had moved to Milan, and Federico Faggin joined the company in autumn of that year. He was tasked with designing a small, inexpensive, personal computer. This machine used 1000 logic gates made out of germanium transistors, and it used 200 PCBs. I/O was done with a teletype. The computer was completed in 1961.
From 1962 to 1964, Roberto was trying to keep the computer business running. The purchase of Underwood was a financial burden, and the passing of both Adriano and Tchou had left development idle. With pressure from the US government via ambassador Clare Boothe Luce to sell Olivetti’s electric division to GE, Roberto turned to the Italian government for assistance. The Italian government didn’t view computers as being of any national importance, and thus a bail out was rejected. New board members came in with cash and saved the company, but they favored a sale. Aurelio Peccei became CEO in 1964, and the Olivetti electronics division was sold to General Electric. This sale did not include the typewriter or calculator divisions, and Olivetti retained Underwood which became Olivetti-Underwood. Over the next few years, this would transform from liability to asset as it provided Olivetti access to the US market with established distribution networks.
Faggin’s small computer was refined and adapted by Pier Perotto, Giovanni De Sandre, Gastone Garziera, and Giancarlo Toppi. It became a diminutive, simple, programmable, personal, desktop computer. Given the time, the entire system was built of discrete components: transistors, diodes, resistors, capacitors. For memory, the machine utilized 240 bytes of magnetostrictive, metal-wire, acoustic delay lines with a cycle time of 2.2 milliseconds. All of these components were then mounted on phenolic resin (commonly known as Bakelite) cards. Phenolic resin a was cheap, heat-resistant, nonconductive, synthetic plastic first patented in 1907. It was easy to mold and could be produced quite quickly. The major downsides were swelling under extreme humidity, difficulty in recycling, and toxicity. The material ceased being used with arrival of ABS and PVC.
The only issue that remained for the small team was that this was a computer. Computers were strictly going to be the domain of GE and not of Olivetti. Given that this machine barely qualified as a computer, Garziera spent several nights going through all documentation and references to this product changing the description from computer to calculator. Olivetti was therefore able to keep it. Still, GE now owned the building and everything in that building except for the office in use by this team. The result of this close and uncomfortable proximity was that the four painted the windows on their office so that GE staff weren’t able to see their activity.
Depending entirely on how loosely the definition of computer is used, the Programma 101 was either a programmable calculator or the first personal computer upon its release in 1965. Of course, just viewing the keyboard, the device appears to be a calculator rather than a computer, but this was also true of the KIM-1. The real limitation was in memory where a program of any complexity was nearly impossible.
The keyboard of the P101 was 37 keys, a decimal selector wheel of 0 to 15, and three switches for Program Record, Print Program, and Keyboard release. Input was achieved either through the keyboard or through magnetic cards, and output was achieved primarily through the printer. The “display” such as it was consisted only of two lamps. Solid blue indicated that the machine was ready for input, flashing blue indicated that a program was running, and a red lamp indicated an error. The printer was capable of 30 characters per second.
For all this talk of the machine being a computer, I did say that programs of any complexity were nearly impossible. Well, nearly impossible means that a thing actually is possible. A clever programmer could split a program across multiple magnetic cards and feed them sequentially as each part of a program was run. While this would have been slow, it was possible. Given that this sixty pound, typewriter-sized computer cost $3200 in 1965 which would be around $38,211 in 2025 dollars, someone needing a computer without requisite funds for a larger machine would find this inconvenience acceptable. We know this, of course, from sales.
The total initial production run of the Programma 101 was 44,000 units. The public unveiling of this “calculator” was at the World’s Fair in New York City during the Fair’s second season in 1965. The intended star of Olivetti’s showing was the Logos 27, another of their mechanical calculators. The P101 was in a small backroom, and Olivetti’s management hadn’t really thought it’d receive much attention. The presenter of the P101 informed the audience that he’d be calculating the orbit of a satellite, put the card in the machine, and after a few seconds the computer began printing the result. There was quite a bit of excitement. The P101 was moved to the front of the booth. Fair attendees assumed that there must be hidden wires connecting it to a mainframe offsite, and thus the Olivetti representatives began allowing people a closer look. Following the fair, Olivetti sold 40,000 units in the USA alone. Some of these went to NASA where the humble little machines were used for Apollo 11, as David W. Whittle recalls:
By Apollo 11, we had a desktop computer, sort of, kind of, called an Olivetti Programma 101. It was kind of a supercalculator. It was probably a foot and a half square, and about maybe eight inches tall. It would add, subtract, multiply, and divide, but it would remember a sequence of these things, and it would record that sequence on a magnetic card, a magnetic strip that was about a foot long and two inches wide. So you could write a sequence, a programming sequence, and load it in there, and then if you would—the Lunar Module high-gain antenna was not very smart. It didn’t know where Earth was. So you would have to call up and give the astronauts some—we had two knobs, a pitch and yaw knob, but you have to give him some angles to put it at. Then once the antenna found the Earth’s signal, it would track it, and then you didn’t have to worry. But it had to get within a certain range before it would grab it and track it. We would have to run four separate programs on this Programma 101, and then in between those programs, we’d have to get out our manuals. I don’t know if you know what a CRC [Standard Mathematical Tables and Formulae] Manual is, but we’d have to look up trigonometric functions and input the data, which today your calculator does that. So what was taking us ten or fifteen minutes to do, today I could do on my hand calculator in ten seconds. Then we would read out the angles that we came up with to the crew, and they would dial them in, look at the signal strength, the signal strength there. They’d go to auto track, and then they could track it. It was a lot of detail stuff like that. I don’t remember any, not just in my systems but other systems, anything that was significant.
The company’s fortunes improved, and Peccei left the company in 1967. Roberto Olivetti then returned as CEO until 1971. After 1971, he remained as the VP and chairman. Between 1965 and 1971, the Programma 101 represented around 24% of Olivetti’s global revenues with that single product bringing in at least $140,800,000. Perotto and his team, with the support of Roberto, likely saved Olivetti.
The P101 was followed by the P602 in 1971, and it was the first Olivetti computer to be marketed as a microcomputer. It used the same architecture as the P101, but used DTL ICs instead of discrete components. It retained the use of delay line memory but doubled the size. One major addition was the system ROM which added trigonometric, logarithmic, and exponential functions. A second addition was an interface for magnetic ribbon memory cartridges holding 56, 112, or 224 blocks where a block was equivalent to four lines of a magnetic card. Finally, the P602 added the IPSO interface (Olivetti Standard Peripheral Interface) allowing the connection of tape readers, punches, plotters, typewriters, hard disks, and other peripherals. This was followed by the P652 which increased memory to 4K and could be expanded to 32K. It also included an integrated magnetic card that could store 192K.
The Divisumma 18 was released in 1972 and was the design of Mario Bellini. This calculator lacked a display and printed all results. The main calculator and printer body was 9.75 inches by 4.75 inches by 2 inches, and after attaching the battery pack, that length was increased to 12.1 inches. While this product didn’t bring in tons of revenue, and it wasn’t all too important in the history of computing, its design is so wild that I had to mention it.
Olivetti released the TC 800 terminal in 1974. This used a two-card Olivetti designed processor and ran the Cosmos operating system. It was followed by the TC 1800 in 1977. Perotto didn’t really seem to want to make terminals, so the same CPU and other internals made their way into the P6060 in 1975. The first and most obvious difference is the keyboard, which is finally a full QWERTY keyboard with a 10-key and some extra keys for specific functions. RAM is 48K with 16K available to the user and an access time of 700ns. The ROM loader is made of bipolar LSI circuits and once loaded into RAM occupies the other 32K. Total RAM could be expanded to allow up to 48K of user-available RAM. The printer is now larger, and the system included a plasma display capable of displaying a single line of 32 characters (upper and lower case characters as well as symbols). That line on the screen could be “scrolled” up and down over a buffer of 80 characters. IPSO peripheral compatibility was maintained, but the P6060 included two eight inch floppy disk drives of 256K, and RS242 and IEEE-488 connectors. One additional accessory was a VDU for use with CRT displays. Software was significantly different as this machine shipped with BASIC, and the printer supported all characters and graphics supported by the system itself as well as framing, scaling, offsetting, axis drawing, and labeling. With these two advantages, the P6060 would have been of great use to anyone needing to create reports or other office documents.
In the later part of the 1970s, Olivetti had around 62,000 employees, around $1.8 billion in revenue (around $9 billion in 2025 dollars), but even more debt with the company losing around $10 million each month. This debt was large enough and expensive enough that the brothers Carlo and Franco De Benedetti were able to purchase 14% of the company for just $17 million. This gave Olivetti, at this time, a valuation of just $121.42 million. It is rather difficult for me to imagine the ire that Olivetti’s prior investors must have felt, but yet, the company could continue.
Carlo De Benedetti was born on the 14th of November in 1934 in Turin. He’s of Jewish descent, and like Adriano, fled Italy for Switzerland during the Second World War. After the war, he returned to Italy, earned his bachelor’s degree in electrical engineering from the Polytechnic University of Turin, and then went to work in his father’s business. He did well there, grew the company profits, and led the acquisition of another company. He was then CEO of the combined company until 1976 when he became the CEO of CIR Group, a position he held until 1978 when he became the CEO of Olivetti. Throughout his life, when political turmoil struck Italy, he went to Switzerland. Later in his life, he attained Swiss citizenship. Just prior to the Olivetti acquisition, he was living there with his wife and three sons.
De Benedetti sought to completely reorganize the company and change its focus from typewriters to microcomputers. Nearly all of the company’s senior management and nearly all of the company’s board members threatened to leave. De Benedetti then met with each person individually and thoroughly explained his reasoning. He was successful in persuading them, and the mass resignations never occurred. Much of his plan centered on ending the generous employee benefit programs, cutting mechanical typewriters, renegotiating union contracts, and layoffs totaling a little over 22,000 personnel. De Benedetti’s Olivetti also purchased small stakes in various other companies providing access to more markets, lower parts costs, and access to research.
The company’s office supply business was still going strong with electronic typewriters and calculators bringing in revenue. To this, Olivetti added copiers, and the company expanded into cash registers and ATM machines.
In 1979, the work on a new computer began at the Olivetti Advanced Technology Center in Cupertino. This machine was built around the Zilog Z8001 at 4MHz, 128K base RAM expandable to 512K, two 5.25 inch floppy disk drives supporting 320K floppies, and the Hitachi HD46505 CRTC. For expansion, the M20 offered IEEE-488, RS232-C, and two internal expansion slots. The computer was offered with various upgrades: higher capacity FDDs, memory, a 9.2MB HDD (and accompanying controller card), Corvus Omninet LAN, and a while after release an 8086 CPU card. The choice of the 46505 meant that this machine was vaguely compatible with IBM’s MDA, but that was the only piece of this machine to offer any such compatibility until the release of the Alternate Processor Board (APB, the 8086 card mentioned previously). The M20’s display output was 512 by 256 pixels, and all display modes were graphical. The computer was capable of producing eight colors when using two 32K video memory boards, but this dropped to just four colors from a palette of eight when using a single video memory board. The key advantage for Olivetti in this display setup was that it could support text at 80 by 25 or 64 by 16, and it could more easily support the various languages of Europe.
Given that this machine was initially designed around the Z8001, it lacked a native operating system at the time of design. This was solved with the Professional Computer Operating System or PCOS-8000. This was a single-user, single-tasking, command driven operating system not too dissimilar from CP/M or MS-DOS. Its commands, however, were quite different. For example, vf 1: would format the disk in the left-most disk drive while fl would list the contents of a file. The lack of software for PCOS was well understood, and thus, a CP/M emulator was made available and it was often bundled with dBase II, SuperCalc, and other common software products. The M20 was released in 1982, and it sold well. The turn around had started and Olivetti reported positive net income for 1982 with positive earnings per share around 22¢.
De Benedetti wanted Olivetti computers to have much wider distribution than the company could achieve on its own. In particular, he wanted the company to have broad access to the American market. The first step to this was a truly IBM compatible machine; the company created the M24. The machine was built around an 8MHz 8086 with an optional 8087, 128K RAM expandable to 640K, and a CGA compatible video card that was actually better than plain old CGA. The video card supported 320 by 200, 640 by 200, and 640 by 400 with up to sixteen colors, and it supported an additional mode of 512 by 256 with eight colors. That last mode could be paired with a Z8001 card giving the M24 compatibility with the M20. For ports, the machine had RGB out (25pin), parallel, RS232 (25pin), and a proprietary 9pin DSUB keyboard connector. Later models added another 9pin connector on the keyboard for the attachment of a mouse, and added support in BIOS for 3.5 inch FDDs.
The M24 had seven 8bit ISA slots for internal expansion, but four of these came populated with a second adapter allowing for 16bit cards to be added. The expansions were on a separate board from both the video card and motherboard, and this is where things get… weird. The motherboard was underneath the expansion board and video card, physically separated from them, and mounted upside-down. The motherboard and expansion board then had edge connectors that slotted into the video card which was mounted vertically. Various configurations of this machine were launched in 1983. All of them featured a twelve inch monitor and 5.25 inch 360K floppy disk drive, but that monitor could be green or amber monochrome, or it could be color. Each monitor combination could then be paired with an optional 20MB HDD. The highest end configuration with HDD and color monitor would feature a video card capable of sixteen colors at 640 by 400, while the lower end variants all included a video card capable of just two colors at the same resolution. From what I can tell, the 8087 was available for all models. Pricing on the base model from Docutel/Olivetti in Texas started at $2745 while a more well equipped machine started at $3395.
On the software side of things, the M24 initially shipped with MS-DOS 2.1, a diagnostic program, keyboard drivers, utilities, OLIMENU (TSR GUI similar to TopView), and GW BASIC. Versions of Windows 1 and Windows 2 were available for the M24, and it was supported by Windows 3.0. Given the machine’s compatibility prowess, it could also run CP/M-86, UCSD-P, COHERENT, and XENIX.
In 1983, Olivetti released their first laptop. This was largely the same machine as the TRS-80 Model 100, but it had a physical redesign with a tilting screen. Base RAM was 8K and expandable to 32K. While the Model 100 was a success, the M10 was not. The machine was discontinued after two years.
The US Department of Justice and the American Telephone and Telegraph company (AT&T) agreed on a plan to breakup AT&T on the 8th of January in 1982. That plan would be executed on the 1st of January in 1984. Seeing the loss of revenue from phone rentals on the horizon, AT&T needed new revenue sources, and they needed them as quickly as possible. The attitude within AT&T was quite clear with signs in the company’s offices in 1983 reading with variations on:
There are two giant entities at work in our country, and they both have an amazing influence on our daily lives… one has given us radar, sonar, stereo, teletype, the transistor, hearing aids, artificial larynxes, talking movies, and the telephone. The other has given us the Civil War, the Spanish-American War, the First World War, the Second World War, the Korean War, the Vietnam War, double-digit inflation, double-digit unemployment, the Great Depression, the gasoline crisis, and the Watergate fiasco. Guess which one is now trying to tell the other one how to run its business?
AT&T knew that the products built upon the company’s many innovations in technology were generating large sums of money, and now freed of its legal prohibition from entering the computer market, it wanted to capitalize on those innovations. The company simply didn’t have the time to do this on its own. The M24 was quickly successful in Europe, was a great product, and it beat the IBM PC and XT, competing well with the Compaq Deskpro. Olivetti, meanwhile, needed cash and more market access. On the 21st of December in 1983, AT&T announced the purchase of 100 million shares of Olivetti for $4.26 million. This made AT&T the single largest shareholder at 25% while De Benedetti maintained 15%. Olivetti was now able to market AT&T products in Europe, and AT&T could market Olivetti products in the USA.
Because of this deal, most people in the USA wouldn’t know the M24 as an Olivetti. Had an American used an M24, it would likely have been the AT&T PC 6300 (or less commonly the Xerox 6060, or in France as the Persona 1600 by LogAbax). The 6300 saw a revision in October of 1985 as the 6300 Plus featuring a 6MHz 80286, and this machine could run MS-DOS and UNIX System V concurrently via Simultask. The M24 saw a revision in November 1985 as the M24 SP with a 10MHz 8086. By 1986, Olivetti was the market leader in Europe and the third largest PC manufacturer on Earth. Unfortunately for AT&T the 6300 Plus was a market failure. In late 1986, AT&T ceded all production and development of its PC products to Olivetti.
The British computer market had been somewhat impenetrable for outsiders, but one prominent maker was struggling, Acorn. On the 20th of February in 1985, Olivetti purchased nearly half of Acorn Computers giving the company immediate access to the UK and an astounding amount of technology. One of the first fruits of this acquisition was the Prodest PC 128S which was an Italian localized BBC Master Compact.
The Olivetti M28 was introduced in late 1986 as an AT competitor. It shipped with an Intel 80286 clocked at 8MHz, up to 1MB of RAM (expandable to 7MB), a 5.25 inch floppy disk drive supporting 1.2MB disks, a 20MB to 70MB HDD, and MS-DOS 3.2 or XENIX. The M28 continued to use Olivetti’s enhanced CGA card, and it allowed more expansion options than its predecessor. Pricing started at around $3000, and it was offered in North America as the AT&T PC 6310 and in France as the Persona 1800.
One of Olivetti’s largest competitors in Europe was Triumph-Adler (owner of Pertec, MITS, Omnidata). On the 22nd of April in 1986, Olivetti purchased 98.4% of Triumph-Adler and became the largest office supply company in Europe and held more than 50% of the typewriter market.
From 1987 to 1994, Olivetti produced five distinct lines of workstation machines. The 3000 series (1987) utilized the Motorola 68000 (likely through Thomson or SGS-Thomson with whom Olivetti still maintained various partnerships) and later the Edge Computer variants of the 68000, the 4000 series (1992) utilized the Intel i860 or Motorola depending upon the specific model, the 5000 series (1990) utilized the Intel 486 and later the Pentium, the 6000 series (1991) utilized MIPS, and the 7000 series (1994) utilized DEC Alpha. The early systems shipped with X/OS which was, mostly, 4.2BSD. Later models shipped with Xenix, NT, or VMS depending upon the CPU in use.
Iterations of Acorn machines, rebadged Thomson machines, and Olivetti’s own M28 followed until roughly 1994.
The Olivetti Quaderno (PT-XT-20) was released in 1992 with an NEC V30 running at 16MHz, 1MB of RAM, a 20MB 2.5 inch HDD, PCMCIA, and MS-DOS 5. The display was an LCD with four levels of gray and a resolution of 640 by 400. It ran on six AA batteries. While visually awesome, the most incredible aspect was the machine’s size: 8.27 inches by 5.83 inches by 1.26 inches. Despite having diminutive dimensions the machine contained a sound controller with both input and output and had a built in microphone, a fax modem, serial, parallel, video out, PS/2 keyboard/mouse, and some bundled productivity software. Interestingly, Olivetti made this Quaderno capable of acting as an answering machine. The machine won awards for design but was ridiculed for having very little computing power.
To overcome the deficiencies of the prior model, Olivetti quickly released the Quaderno 33 (PT-AT-60). This machine utilized a 20MHz AMD 386SXLV, 4MB of RAM, a 60MB HDD, and a backlit, seven inch LCD capable of sixteen gray levels at 640 by 480. This model further featured Windows 3.1, Microsoft Works, and Lotus Organizer. The AAs were gone and power came from nickel-cadmium cells. Combined with power management features, this little laptop could manage six hours of operation per charge.
In September of 1994, Olivetti launched Olivetti Telemedia chaired by Elserino Piol. This company then formed a joint venture with Bell Atlantic called Omnitel Pronto Italia with Francesco Caio as CEO. They went on to form Italy’s second GSM mobile network, first privately held, launched in December of 1995. The company had 300,000 subscribers within its first six months of operation.
With the arrival of the CD-ROM, the Pentium, great sound, and high resolution displays, the PC was becoming a multimedia powerhouse. Olivetti saw an opportunity to conquer the living room as they’d once conquered the office. The company sought to create a computing appliance that would deliver audio, video, fax, and a telephone answering machine to the buyer. The product was the Olivetti Envision released in 1995. There were two models with either a 486DX4 at 100MHz or a Pentium at 75MHz. Both were equipped with 8MB of RAM, a Trident TGV9470 with 1MB of video RAM capable of 1024 by 768 with 256 colors, a Crystal CS4231 audio controller paired and an Oak Mozart OTI 605 (Adlib compatible but with an IDE CD-ROM controller), a 1.4MB 3.5 inch FDD, 635MB HDD, CD-ROM, an infrared remote, and an 83key keyboard with an integrated trackball operating over infrared. For external connectors, the Envision featured two SCART ports, audio out, MIDI, VGA out, serial, parallel, and RJ11. Internally, the machine had three expansion slots, and a satellite TV decoder card was available. The Envision could operate in three distinct modes. The first was as a true entertainment device with the remote where a user could control volume, play audio or video CDs, and view photos stored on CDs. The second was with the keyboard where the user navigated the Olipilot shell over Windows 95. The third mode was as a standard Windows PC. The Envision was largely a failure. It was expensive (especially with a Pentium), and it had quite a few bugs.
Olivetti had some rather serious issues during the early 1990s. Competition in the PC market, printer market, and copier market were leading to high R&D costs and forcing the company to accumulate debt. In 1991, the Italian economy went into an inflationary recession, and the government announced austerity measures. Olivetti had been profitable for thirteen consecutive years, but posted a pretax loss of $59 million for the first half of the year on the 11th of November in 1991 following four years of declining revenues. De Benedetti stated to the New York Times that he’d “reassume the direct and complete management” of the company. By 1996, the company had laid off roughly 28,000 people, more than half of their 1989 headcount.
In June of 1996, De Benedetti resigned as CEO and Corrado Passera briefly filled the role. He was then replaced by Francesco Caio on the 4th of July. De Benedetti resigned as chairman on the 3rd of September (though he retained 14% of the company through his company CIR). On the 18th of September, Olivetti held an emergency board meeting and fired Caio. The board appointed Roberto Colaninno as replacement. Several former executives, including De Benedetti, were under investigation by Italian authorities for having understated the losses of Olivetti after Renzo Francesconi who’d only been CFO for six weeks resigned in late August and promptly accused the company of financial impropriety. When the dust settled and investigations ended, no one was ever formally charged with any crime.
On the 12th of March in 2003, Marco Tronchetti Provera, who was chairman of both Telecom Italia and Olivetti, announced his intention to merge the two companies, a move apparently engineered by Colaninno. Olivetti took 51% of Telecom Italia’s shares, and the combined entity became the TIM group.
I’ve omitted many computers and the stories of many people. Partially this is due to length, and partially due to sources, language barriers, and the fact that many weren’t too interesting. I apologize to those whose stories were left out, and I’m sorry if I didn’t cover your favorite machine.
Olivetti’s history can be divided into three distinct parts. First, there were typewriters. As the crisis of this first era mounted, the company moved into microcomputers for its second era. With the IBM PC dominating the world, the company moved into its PC era. When this era came into crisis, the company ultimately ended in a merger, and that entity became a telco. Olivetti was an impressive company that achieved greatness. It was cut down by the same forces that affected so many others. The race to the bottom in PC pricing meant that only the most efficient manufacturers remained standing.
My dear readers, many of you worked at, ran, or even founded the companies I cover here on ARF, and some of you were present at those companies for the time periods I cover. A few of you have been mentioned by name. All corrections to the record are sincerely welcome, and I would love any additional insights, corrections, or feedback (especially for this article as I suck at Italian). Please feel free to leave a comment.
...
Read the original on www.abortretry.fail »
Back in the day, light mode wasn’t called “light mode”. It was just the way that computers were, we didn’t really think about turning everything light or dark. Sure, some applications were often dark (photo editors, IDEs, terminals) but everything else was light, and that was fine.
What we didn’t notice is that light mode has been slowly getting lighter, and I’ve got a graph to prove it. I did what any normal person would do, I downloaded the same (or similar) screenshots from the MacOS Screenshot Library on 512 Pixels. This project would have been much more difficult without a single place to get well-organised screenshots from. I cropped each image so just a representative section of the window was present, here shown with a pinkish rectangle:
Then used Pillow to get the average lightness of each cropped image:
This ignores any kind of perceived brightness or the tinting that MacOS has been doing for a while based on your wallpaper colour. I could go down a massive tangent trying to work out exactly what the best way to measure this is, but given that the screenshots aren’t perfectly comparable between versions, comparing the average brightness of a greyscale image seems reasonable.
I graphed that on the release year of each OS version, doing the same for dark mode:
This graph is an SVG, which may not render correctly in feed readers. View this post on the web.
You can clearly see that the brightness of the UI has been steadily increasing for the last 16 years. The upper line is the default mode/light mode, the lower line is dark mode. When I started using MacOS in 2012, I was running Snow Leopard, the windows had an average brightness of 71%. Since then they’ve steadily increased so that in MacOS Tahoe, they’re at a full 100%.
What I’ve graphed here is just the brightness of the window chrome, which isn’t really representative of the actual total screen brightness. A better study would be looking at the overall brightness of a typical set of apps. The default background colour for windows, as well as the colours for inactive windows, would probably give a more complete picture.
For example, in Tahoe the darkest colour in a typical light-mode window is the colour of a section in an inactive settings window, at 97% brightness. In Snow Leopard the equivalent colour was 90%, and that was one of the brightest parts of the window, since the window chrome was typically darker than the window content.
I tried to remember exactly when I started using dark mode all the time on MacOS. I’ve always used a dark background for my editor and terminal, but I wasn’t sure when I swapped the system theme across. When it first came out I seem to remember thinking that it looked gross.
It obviously couldn’t be earlier than 2018, as that’s when dark mode was introduced in MacOS Mojave. I’m pretty sure that when I updated my personal laptop to an M1 MacBook Air at the end of 2020 that I set it to use dark mode. This would make sense, because the Big Sur update bumped the brightness from 85% to 97%, which probably pushed me over the edge.
I think the reason this happens is that if you look at two designs, photos, or whatever, it’s really easy to be drawn in to liking the brighter one more. Or if they’re predominantly dark, then the darker one. I’ve done it myself with this very site. If I’m tweaking the colours it’s easy to bump up the brightness on the background and go “ooh wow yeah that’s definitely cleaner”, then swap it back and go “ewww it looks like it needs a good scrub”. If it’s the dark mode colours, then a darker background will just look cooler.
I’m not a designer, but I assume that resisting this urge is something you learn in design school. Just like making a website look good with a non-greyscale background.
This year in iOS 26, some UI elements use the HDR screen to make some elements and highlights brighter than 100% white. This year it’s reasonably subtle, but the inflation potential is there. If you’ve ever looked at an HDR photo on an iPhone (or any other HDR screen) then looked at the UI that’s still being shown in SDR, you’ll know just how grey and sad it looks. If you’re designing a new UI, how tempting will it be to make just a little bit more of it just a little bit brighter?
As someone whose job involves looking at MacOS for a lot of the day, I find that I basically have to use dark mode to avoid looking at a display where all the system UI is 100% white blasting in my eyes. But the alternative doesn’t have to be near-black for that, I would happily have a UI that’s a medium grey. In fact what I’ve missed since swapping to using dark mode is that I don’t have contrast between windows. Everything looks the same, whether it’s a text editor, IDE, terminal, web browser, or Finder window. All black, all the time.
Somewhat in the spirit of Mavericks Forever, if I were to pick an old MacOS design to go back to it would probably be Yosemite. I don’t have any nostalgia for skeuomorphic brushed metal or stitched leather, but I do quite like the flattened design and blur effects that Yosemite brought. Ironically Yosemite was a substantial jump in brightness from previous versions.
So if you’re making an interface or website, be bold and choose a 50% grey. My eyes will thank you.
...
Read the original on willhbr.net »
Add AP News as your preferred source to see more of our stories on Google.
Add AP News as your preferred source to see more of our stories on Google.
WEST PALM BEACH, Fla. (AP) — President Donald Trump said Saturday that he would charge a 10% import tax starting in February on goods from eight European nations because of their opposition to American control of Greenland, setting up a potentially dangerous test of U. S. partnerships in Europe.
Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, Trump said in a social media post while at his golf club in West Palm Beach, Florida. The rate would climb to 25% on June 1 if no deal was in place for “the Complete and Total purchase of Greenland” by the United States, he said.
The Republican president appeared to indicate that he was using the tariffs as leverage to force talks with Denmark and other European countries over the status of Greenland, a semiautonomous territory of NATO ally Denmark that he regards as critical to U. S. national security.
“The United States of America is immediately open to negotiation with Denmark and/or any of these Countries that have put so much at risk, despite all that we have done for them,” Trump said on Truth Social.
The tariff threat could mark a problematic rupture between Trump and America’s longtime NATO partners, further straining an alliance that dates to 1949 and provides a collective degree of security to Europe and North America. Trump has repeatedly tried to use trade penalties to bend allies and rivals alike to his will, generating investment commitments from some nations and pushback from others, notably China.
Trump is scheduled to travel on Tuesday to the World Economic Forum in Davos, Switzerland, where he likely will run into the European leaders he just threatened with tariffs that would start in little more than two weeks.
Danish Foreign Minister Lars Løkke Rasmussen said Trump’s move was a “surprise” given the “constructive meeting” with top U. S. officials this week in Washington.
The European Commission’s president, Ursula von der Leyen, and the head of the European Council, Antonio Costa, said in a joint statement that tariffs “would undermine transatlantic relations and risk a dangerous downward spiral.” They said Europe would remain “committed to upholding its sovereignty.”
There are immediate questions about how the White House could try to implement the tariffs because the EU is a single economic zone in terms of trading, according to a European diplomat who was not authorized to comment publicly and spoke on the condition of anonymity. It was unclear, too, how Trump could act under U. S. law, though he could cite emergency economic powers that are currently subject to a U.S. Supreme Court challenge.
Trump has long said he thinks the U. S. should own the strategically located and mineral-rich island, which has a population of about 57,000 and whose defense is provided by Denmark. He intensified his calls a day after the military operation to oust Venezuela’s Nicolás Maduro earlier this month.
The president indicated the tariffs were retaliation for what appeared to be the deployment of s ymbolic levels of troops from the European countries to Greenland, which he has said was essential for the “Golden Dome” missile defense system for the U. S., He also has argued that Russia and China might try to take over the island.
The U. S. already has access to Greenland under a 1951 defense agreement. Since 1945, the American military presence in Greenland has decreased from thousands of soldiers over 17 bases and installations to 200 at the remote Pituffik Space Base in the northwest of the island, the Danish foreign minister has said. That base supports missile warning, missile defense and space surveillance operations for the U.S. and NATO.
Resistance has steadily built in Europe to Trump’s ambitions even as several countries on the continent agreed to his 15% tariffs last year in order to preserve an economic and security relationship with Washington.
French President Emmanuel Macron, in a social media post, seemed to equate the tariff threat to Russian leader Vladimir Putin’s war in Ukraine.
“No intimidation or threats will influence us, whether in Ukraine, Greenland or anywhere else in the world when we are faced with such situations,” Macron said in a translated post on X.
Earlier Saturday, hundreds of people in Greenland’s capital, Nuuk, braved near-freezing temperatures, rain and icy streets to march in a rally in support of their own self-governance.
Thousands of people also marched through Copenhagen, many of them carrying Greenland’s flag. Some held signs with slogans such as “Make America Smart Again” and “Hands Off.”
“This is important for the whole world,” Danish protester Elise Riechie told The Associated Press as she held Danish and Greenlandic flags. “There are many small countries. None of them are for sale.”
The rallies occurred hours after a bipartisan delegation of U. S. lawmakers, while visiting Copenhagen, sought to reassure Denmark and Greenland of their support.
Danish Maj. Gen. Søren Andersen, leader of the Joint Arctic Command, told the AP that Denmark does not expect the U. S. military to attack Greenland, or any other NATO ally, and that European troops were recently deployed to Nuuk for Arctic defense training.
He said the goal is not to send a message to the Trump administration, even though the White House has not ruled out taking the territory by force.
“I will not go into the political part, but I will say that I would never expect a NATO country to attack another NATO country,” he said from aboard a Danish military vessel docked in Nuuk. “For us, for me, it’s not about signaling. It is actually about training military units, working together with allies.”
The Danish military organized a planning meeting Friday in Greenland with NATO allies, including the U. S., to discuss Arctic security on the alliance’s northern flank in the face of a potential Russian threat. The Americans were also invited to participate in Operation Arctic Endurance in Greenland in the coming days, Andersen said.
In his 2½ years as a commander in Greenland, Andersen said that he hasn’t seen any Chinese or Russian combat vessels or warships, despite Trump saying that they were off the island’s coast.
But in the unlikely event of American troops using force on Danish soil, Andersen confirmed that Danish soldiers have an obligation to fight back.
Trump has contended that China and Russia have their own designs on Greenland and its vast untapped reserves of critical minerals. He said recently that anything less than the Arctic island being in U. S. hands would be “unacceptable.”
The president has seen tariffs as a tool to get what he wants without having to resort to military actions. At the White House on Friday, he recounted how he had threatened European allies with tariffs on pharmaceuticals and he teased the possibility of doing so again.
“I may do that for Greenland, too,” Trump said.
After Trump followed through, Rep. Don Bacon, R-Neb., said “Congress must reclaim tariff authorities” so that they are not used solely at a president’s discretion.
Denmark said this week that it was increasing its military presence in Greenland in cooperation with allies.
“There is almost no better ally to the United States than Denmark,” said Sen. Chris Coons, D-Del., while visiting Copenhagen with other members of Congress. “If we do things that cause Danes to question whether we can be counted on as a NATO ally, why would any other country seek to be our ally or believe in our representations?”
Burrows reported from Nuuk, Greenland, and Niemann from Copenhagen, Denmark. Associated Press writers Stefanie Dazio in Berlin, Aamer Madhani in Washington, Jill Lawless in London and Kwiyeon Ha and Evgeniy Maloletka in Nuuk contributed to this report.
...
Read the original on apnews.com »
Can We Still Govern?What life is like in Minneapolis nowFrom Don: This piece comes someone living and working in Minneapolis, which is experiencing a de facto military occupation right now. They wish to remain anonymous out of concern that their government might retaliate against them for reporting on what life is like there now. Please share this story so people can understand how bad things are on the ground. I am writing as an ordinary citizen of Minneapolis/St Paul ─ one of America’s 20 largest metro areas. I have kids in the public schools, own a house, go to work every day, pay taxes, volunteer in my community (e.g., coaching youth sports, helping in the schools). I am certainly not a radical of any kind. I had never done any community organizing work before last month. I am writing this to share with the outside world what is really going on ─ the terror being inflicted upon a U.S. city and state by our federal government. If you are so moved, see below to learn how you can help. Here is what is happening right now:Consider the following example incidents, all from the last ten days or so. I will not provide names, sources, etc. because many people are in active danger. But the general pattern has been well documented,As a large, public Minneapolis high school was dismissing students for the day, two teachers parked in front of the school were violently extracted from their cars and abducted by ICE officers. No warrants were presented; no documents requested or checked. Both abducted teachers were US citizens.Students observing the abductions were assaulted with pepper spray by the federal officers, with some fleeing to shelter in the public library across the street. In response, Minneapolis public schools canceled classes for two days and subsequently went to a hybrid attendance option ─ because, as they told parents in an email, they did not feel they could keep their students safe. This is our federal government terrorizing its citizens.During a subsequent hybrid class in the same school ─ with mostly White students in the classroom and mostly students of color online ─ an online student’s apartment building was raided by federal officers. The teacher had to stop class to support the affected student, who was rightfully terrified. Class was interrupted for the day as students texted or called their families for support.None of our students feel psychologically safe; learning has all but come to a halt. This is our federal government terrorizing its citizens.A man walking his child to the school bus stop in the morning was abducted by federal officers. A child was left abandoned and terrified on the street. This is our federal government terrorizing its citizens.These are just recent examples known to me. Beyond all of this, the biggest concern in many Twin Cities schools right now is access to food and keeping people housed. People at risk of abduction are now understandably unwilling to leave home ─ meaning they can’t go to their jobs, and they can’t shop for food and other necessities. Affected kids don’t get meals at school. Local communities are organizing to feed hundreds … thousands? … of terrified families who are hiding from our federal government. Nearly everyone in these families is a U.S. citizen or otherwise legally in the United States. Federal agents abduct people and ask questions later; if your skin is not White, you are presumed guilty until proven otherwise. An analysis by our local Fox News TV station found only about 5% of the ~2,000 people arrested by federal agents have records of violent criminal convictions. The streets are extremely tense and chaoticThere are thousands of ICE and other federal officers in the metro area actively patrolling the streets. In nearly all immigrant and Black and Latino neighborhoods, there are multiple attempted armed abductions of residents every day. (Such events also happen, albeit less frequently, in more economically privileged neighborhoods: Housecleaners, construction workers, etc. are the targets in those cases.) Residents of Twin Cities neighborhoods are organizing to respond peacefully and in accord with their established constitutional rights.From the Star Tribune: There are more immigration agents in the Twin Cities than there are policeAll of this means that the following dystopian scenario plays out in the open dozens of times per day in the Twin Cities: Multiple masked and armed agents in combat gear amass in unmarked cars outside a house or business. A bystander notices and alerts the neighborhood. A dozen or more neighborhood residents appear within minutes to legally observe, legally film the encounter, legally make sure the targeted people know their rights, and legally warn others by blowing whistles and honking car horns.The targeted people ─ again, almost all of whom are U.S. citizens or in the U.S. legally ─ are abducted and frequently sent to jail in Texas or Louisiana or elsewhere within 24 hours; hopefully the neighborhood observers were able to get their name and a phone number for a friend or family member. The neighborhood observers, peacefully practicing their legal rights, are labelled terrorists by their government. Or, worse, they are also abducted by federal agents and detained at the (federal) Whipple Building at Fort Snelling (ironically, the site of the largest mass execution by the U.S. government in our nation’s history in 1862) for many hours before being released with no charges made against them. This is our federal government terrorizing its citizens.In addition to their presence on our streets and in our businesses, the federal officers appear to be immune to punishment for breaking traffic laws. They routinely run red lights, do dangerous U-turns, drive far over the speed limit, etc. Not in marked cars with sirens and lights ─ but in ordinary rental cars and other unmarked vehicles. This is all happening on Minnesota’s very icy January roads, which most federal agents are not used to driving on.There is no illusion on the ground in the Twin Cities that the community can “defeat” ICE or drive out the federal forces violently occupying our city. The “terrorists” and “Antifa” that the Trump Administration speaks of ─ aka, neighborhood groups organizing to peacefully and legally support their neighbors ─ instead generally have three goals:Make sure abducted people know their rights and that those rights are respected.Document abductions so that federal agents cannot “disappear” people — again, many of whom are U.S. citizens or are legally in the country.Support affected families however possible ─ mostly with food, transportation, and financial and legal assistance.Trump administration claims of a violent insurrection are simply not true. Ordinary citizens are trying to legally observe, record, and minimize damage from the assault on our communities. They are trying to prevent our federal government from illegally abducting people based on the color of their skin. They are trying to prevent something akin to the rounding up of Jewish (in Europe) and Japanese (in the U.S.) people in the lead up to and during World War II. They are trying to prevent the atrocities of history from repeating themselves in our city and our state in 2026.valid warrant ICE uses a battering ram to invade the home of a man who has lived in America since he was a child, and had been regularly checking in with immigration authorities.The sentiment on the ground is that things are poised to get worse. Maybe much worse. One more spark of violence seems to be all that is required for the administration to declare an insurrection and send in the military. We are holding our collective breath.How can you help?Do you want to help people in our city? I recommend three things.First, if you live in a politically “red” or “purple” state, call your elected (especially Republican) officials and tell them to oppose mass ICE raids. Tell them you will not tolerate what is happening in Minnesota anywhere in your country and that their lack of action to protect U.S. citizens and other legal residents will heavily influence your vote in November.Second, send money. Pick a reputable (non-government) immigrant rights organization, public school PTA or support organization, or (non-government) social service agency. Send them as much money as you are comfortable sending; they need it desperately (mainly to feed people and provide legal assistance, but there are many other needs). Third, directly reach out to your friends or family members in the Twin Cities … every day. Like me, they need to know that the world is aware of what is happening here and cares.
...
Read the original on donmoynihan.substack.com »
Here we go again, the tech press is having another AI doom cycle.
I’ve primarily written this as a response to an NYT analyst painting a completely unsubstantiated, baseless, speculative, outrageous, EGREGIOUS, preposterous “grim picture” on OpenAI going bust.
Mate come on. OpenAI is not dying, they’re not running out of money. Yes, they’re creating possibly the craziest circular economy and defying every economics law since Adam Smith published ‘The Wealth of Nations’. $1T in commitments is genuinely insane. But I doubt they’re looking to be acquired; honestly by who? you don’t raise $40 BILLION at $260 BILLION VALUATION to get acquired. It’s all for the $1T IPO.
But it seems that the pinnacle of human intelligence: the greatest, smartest, brightest minds have all come together to… build us another ad engine. What happened to superintelligence and AGI?
See if OpenAI was not a direct threat to the current ad giants would Google be advertising Gemini every chance they get? Don’t forget they’re also capitalising on their brand new high-intent ad funnel by launching ads on Gemini and AI overview.
March: Closed $40B funding round at $260B valuation, the largest raise by a private tech company on record.
July: First $1B revenue month, doubled from $500M monthly in January.
January 2026: “Both our Weekly Active User (WAU) and Daily Active User (DAU) figures continue to produce all-time-highs (Jan 14 was the highest, Jan 13 was the second highest, etc.)”
January 16, 2026: Announced ads in ChatGPT free and Go tiers.
Yes, OpenAI is burning $8-12B in 2025. Compute infrastructure is obviously not cheap when serving 190M people daily.
So let’s try to model their expected ARPU (annual revenue per user) by understanding what OpenAI is actually building and how it compares to existing ad platforms.
The ad products they’ve confirmed thus far:
* Ads at bottom of answers when there’s a relevant sponsored product or service based on your current conversation
Testing starts “in the coming weeks” for logged-in adults in the U. S. on free and Go tiers. Ads will be “clearly labeled and separated from the organic answer.” Users can learn why they’re seeing an ad or dismiss it.
* Choice and control: Users can turn off personalization and clear ad data
* Plus, Pro, Business, and Enterprise tiers won’t have ads
They also mentioned a possibility of conversational ads where you can ask follow-up questions about products directly.
Revenue targets: Reports suggest OpenAI is targeting $1B in ad revenue for 2026, scaling to $25B by 2029, though OpenAI hasn’t confirmed these numbers publicly. We can use these as the conservative benchmark, but knowing the sheer product talent at OpenAI, the funding and hunger. I think they’re blow past this.
* Self-serve platform: Advertisers bid for placements, super super super likely, exactly what Google does, probably their biggest revenue stream.
* Affiliate commissions: Built-in checkouts so users can buy products inside ChatGPT, OpenAI takes commission, similar to their Shopify collab.
* Sidebar sponsored content: When users ask about topics with market potential, sponsored info appears in a sidebar marked “Sponsored”
Now let’s compare this to existing ad platforms:
* How it works: Auction-based system where advertisers bid on keywords. Ads appear in search results based on bid + quality score.
* Why it works: High intent (search queries) + owns the entire vertical stack (ad tech, auction system, targeting, decades of optimization)
* Ad revenue: [$212.4B in ad revenue in the first 3 quarters of 2025]https://www.demandsage.com/google-ads-statistics/ (8.4% growth from 2024′s $273.4B)
* Google doesn’t report ARPU so we need to calculate it: ARPU = $296.2B (projected) ÷ 5.01B = $59.12 per user annually.
* How it works: Auction-based promoted tweets in timeline. Advertisers only pay when users complete actions (click, follow, engage).
* Why it works: Timeline engagement, CPC ~$0.18, but doesn’t own vertical stack and does it on a smaller scale
* Intent level: High. 2.5B prompts daily includes product research, recommendations, comparisons. More intent than Meta’s passive scrolling, comparable to Google search.
* Scale: 1B WAU by Feb 2026, but free users only (~950M at 95% free tier).
So where should ChatGPT’s ARPU sit?
It sits with Search, not Social.
Which puts it between X ($5.54) and Meta ($49.63). OpenAI has better intent than Meta but worse infrastructure. They have more scale than X but no vertical integration. When a user asks ChatGPT “Help me plan a 5-day trip to Kyoto” or “Best CRM for small business,” that is High Intent. That is a Google-level query, not a Facebook-level scroll.
We already have a benchmark for this: Perplexity.
In late 2024/2025, reports confirmed Perplexity was charging CPMs exceeding $50. This is comparable to premium video or high-end search, and miles above the ~$2-6 CPMs seen on social feeds.
If Perplexity can command $50+ CPMs with a smaller user base, OpenAI’s “High Agency” product team will likely floor their pricing there.
* 2026: $5.50 (The “Perplexity Floor”) - Even with a clumsy beta and low fill rate, high-intent queries command premium pricing. If they serve just one ad every 20 queries at a Perplexity-level CPM, they hit this number effortlessly.
* 2027: $18.00 - The launch of a self-serve ad manager (like Meta/Google) allows millions of SMBs to bid. Competition drives price.
* 2028: $30.00 - This is where “Ads” become “Actions.” OpenAI won’t just show an ad for a flight; they will book it. Taking a cut of the transaction (CPA model) yields 10x the revenue of showing a banner.
* 2029: $50.00 (Suuuuuuuper bullish case) - Approaching Google’s ~$60 ARPU. By now, the infrastructure is mature, and “Conversational Commerce” is the standard. This is what Softbank is praying will happen.
And we’re forgetting that OpenAI have a serious serious product team, I don’t doubt for once they’ll be fully capable of building out the stack and integrating ads til they occupy your entire subconscious.
In fact they hired Fidji Simo as their “CEO of Applications”, a newly created role that puts her in charge of their entire revenue engine. Fidji is a Meta powerhouse who spent a decade at Facebook working on the Facebook App and… ads:
Leading Monetization of the Facebook App, with a focus on mobile advertising that represents the vast majority of Facebook’s revenue. Launched new ad products such as Video Ads, Lead Ads, Instant Experiences, Carousel ads, etc.
Launched and grew video advertising to be a large portion of Facebook’s revenue.
But 1.5-1.8B free users by 2028? That assumes zero competition impact from anyone, certainly not the looming giant Gemini. Unrealistic.
The main revenue growth comes from ARPU scaling not just user growth.
Crunching all the numbers from “High Intent” model, 2026 looks different.
* 35M paying subscribers: $8.4B minimum (conservatively assuming all at $20/mo Plus tier)
* Definitely higher with Pro ($200/mo) and Enterprise (custom pricing)
* ChatGPT does 2.5B prompts daily this is what advertisers would class as both higher engagement and higher intent than passive scrolling (although you can fit more ads in a scroll than a chat)
* Reality Check: This assumes they monetise typical search queries at rates Perplexity has already proven possible.
These projections use futuresearch.ai’s base forecast ($39B median for mid-2027, no ads) + advertising overlay from internal OpenAI docs + conservative user growth.
Ads were the key to unlocking profitability, you must’ve seen it coming, thanks to you not skipping that 3 minute health insurance ad - you, yes you helped us achieve AGI!
Mission alignment: Our mission is to ensure AGI benefits all of humanity; our pursuit of advertising is always in support of that mission and making AI more accessible.
The A in AGI stands for Ads! It’s all ads!! Ads that you can’t even block because they are BAKED into the streamed probabilistic word selector purposefully skewed to output the highest bidder’s marketing copy.
Look on the bright side, if they’re turning to ads it likely means AGI is not on the horizon. Your job is safe!
It’s 4:41AM in London, I’m knackered. Idek if I’m gonna post this because I love AI and do agree that some things are a necessary evil to achieve a greater goal (AGI).
Nevertheless, if you have any questions or comments, shout me -> ossamachaib.cs@gmail.com.
...
Read the original on ossa-ma.github.io »
“The incredible thing about Hardwick [new Hall] is… when you set it on the compass, it’s almost exactly north-south,” says Ranald Lawrence, a lecturer in architecture at the University of Liverpool in the UK. He’s also published papers on Hardwick’s design and thermal comfort. “And,” he adds, “the whole internal planning of the [new] house is then based around that geometry.”
Bess moved around the rooms, following the Sun’s path. Her mornings were spent walking the 63m (200ft) east-facing Long Gallery, where the bright morning light hits. The afternoon and evening Sun illuminates the south-western flank of the building, where Bess’ bed chambers were. And the darkest, coldest corner of the house in the north-west was where the kitchens were placed, which would have been handy in keeping food cool and fresh.
I experience this first hand as I walk around — the kitchens are much colder. Elena Williams, the senior house and collections manager at The National Trust, a UK charity which preserves historic sites, notices too. “It’s a well-designed building that is also designed around comfort and that uses the natural environment to do that,” she says.
It’s not just the orientation that helps keep the house warm. As Williams shows me around, she points out that some of the windows on the north of the building are actually “blind” or fake. She explains that on the outside, there is a window, but on the inside, it’s lined with lead and blocked up. Unlike south-facing windows, north-facing windows bring little thermal benefit, even in summer, Lawrence says.
Pretty much all the fireplaces I see are also built on the central spine of the building, meaning not much heat would be lost to the windows or exterior wall. It’s not until we take a door through this spine that I realise that the girth of it is staggering — 1.37m (4.5ft) thick. This is yet another trick to keep its inhabitants warm.
...
Read the original on www.bbc.com »
To add this web app to your iOS home screen tap the share button and select "Add to the Home Screen".
10HN is also available as an iOS App
If you visit 10HN only rarely, check out the the best articles from the past week.
If you like 10HN please leave feedback and share
Visit pancik.com for more.