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THE DAILY INDEX

Technology, AI, software, security, crypto and business

PROGRAMMING, DESIGN & DATA SCIENCE

TLDR

ELLISON'S HARDBALL WARNER BROS. TACTICS GAVE NETFLIX AN OPENING

Lawyers for David Ellison sent a letter to Warner Bros. Discovery on the night of December 3 expressing serious concerns about the fairness and adequacy of the company's sale process. This surprised Warner Bros., as the company believed it had run a fair process. Ellison's inner circle tried to retract the statement, claiming some partners didn't even know the letter was going out, but it was too late. In response, Warner Bros. decided to sell to Netflix.

GRAPHITE GETS BOUGHT BY CURSOR: THREE REFLECTIONS FROM SIX YEARS OF WORK

Software quality startup Graphite has been acquired by code generation startup Cursor. Graphite started out as Screenplay, which couldn't find product-market fit right away. The conversations around Graphite started right before the pandemic lockdowns. The team started working in person together as soon as it was advisable, allowing them to knit a culture early and build trust. The three founders took three distinct roles, and they all remain vital to the company.

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