Ina Fried

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happy pride month 🏳️‍🌈 sending love to the lgbtq+ community across the bay. we can't wait to celebrate together in our inaugural season!

JUST IN: Anthropic files for IPO axios.com/2026/06/01/ant…

⚽️ Not long ago, FIFA kept World Cup ticket prices affordable to suit hardcore fans. 💰 Now, it's leveraging a U.S.-based World Cup to pack its war chest with money it plans to redistribute to 211 member nations around the world. wsj.com/sports/soccer/…

I compiled the dedications at the beginning of thousands of books! walzr.com/dedications

Nvidia's new world model helps robots navigate the world axios.com/2026/06/01/nvi…

NEWS: President Donald Trump is meeting with Speaker Mike Johnson this morning at the White House on the anti-weaponization fund, according to multiple sources familiar with the matter. Reporting w/ @KFaulders

Some News: After 11 years at the Washington Post, I was fired in the aftermath of the Charlie Kirk killing. This week, I'm fighting back. My case heads to arbitration on Thursday. More here: open.substack.com/pub/karenattia…

The Surface Laptop Ultra - no mention of Copilot Plus branding in the PR 🤔

The U.S. military has killed more than 200 people in bombing attacks on boats it accuses of smuggling drugs in the waters off South America. In Colombia and Ecuador, the attacks have upended the lives of those who make their living from the ocean. nyti.ms/4vpdBmO

There is no world in which this is okay.     Supreme Court Justice Samuel Alito did not recuse himself from cases involving Trump’s Treasury Department while his own son was secretly working there as a political appointee and attorney.    His son's employment was hidden so thoroughly that his name appears nowhere on the Treasury Department website, he has no public resume, and his bar listings are outdated.    If Alito had recused himself, the secret would have come out. He didn’t recuse himself.    This is a clear conflict of interest, and the American people deserved to know about it.    The federal recusal standard is clear: a justice must step aside in any case where there is a reasonable basis to question whether he or she can be impartial. A justice ruling on cases involving the department where his son works fails that test. The Treasury Department sits at the center of some of the biggest legal fights of this administration, and challenges to Trump’s $1.776 billion January 6 slush fund could be headed to the Court next.    The Supreme Court is the only court in America with no binding code of conduct. That is completely unacceptable, and it has to change NOW.    Congress controls the Power of the Purse, and therefore the Court’s funding. If the Court will not adopt a binding code of conduct with real recusal review on their own, I support withholding their funding until they do.   notus.org/us-news/samuel…

The 3-year-old, two batters in, at the top of the first of her sister’s softball game: “This is taking a long time. When will it be done?” 🥎

Hungarian PM Péter Magyar allows Pride march to take place in Budapest, reversing Orbán-era ban

More than 6,300 children have been detained by ICE during President Trump's 2nd term. 97% have no criminal records. cbsn.ws/4dVhatF

A federal tool to identify noncitizens on voter rolls keeps making mistakes. “This is not ready for prime time,” a county clerk in Missouri said. “And I’m not going to risk the security and the constitutional rights of my voters for bad data.” propublica.org/article/save-v…

Imagine you spent 40 years doing the boring, responsible thing. You opened a 401k at 23. You contributed every paycheck. You ignored the noise. You bought the index because Bogle told you to, because Buffett told you to, because every honest piece of financial advice for 30 years told you the index was the safest, most diversified, most rules-based way to own America. The whole point was the rules. The rules said: a company must trade for 12 months before joining the S&P 500. The rules said: it must show four consecutive quarters of GAAP profitability. The rules existed because in 1999 the index quietly bought a lot of stocks at the top, and pensioners paid the bill. After the dot-com crash, S&P tightened the rules. Nasdaq tightened the rules. FTSE Russell tightened the rules. For 23 years, those rules held. Then SpaceX filed for IPO. And the rules changed. The S&P 500 waived the profitability requirement. Nasdaq cut its trading-history window from 90 days to 15. FTSE Russell cut its to 5. Bloomberg Intelligence estimates the major index funds will absorb between 19% and 24% of SpaceX's float within six months. That's over $30 trillion of passive 401k and retirement money, mechanically buying a single newly public company at IPO valuations, because the rules said they had to. Except the rules used to say they didn't. Here's the thought exercise: If you spend 40 years building a system designed to protect ordinary savers from buying overpriced stocks, and then you waive the protections the moment a sufficiently large stock asks you to, what was the system actually protecting? Most of investing is about understanding what's a rule and what's a guideline. A rule binds the rule-maker. A guideline binds the saver. You're allowed to find out which is which only after the fact.

NEWS: Trump is methodically stripping immigrants — including many with legal status — of their ability to function in daily life, cutting them off from everything from jobs to day-care subsidies. The goal is to transform how welcoming the U.S. is to immigrants + their families.

Kelsey Peterson, the Apple AI employee who introduced the never-launched Siri revamp in 2024, just started at OpenAI -- so we'll be getting someone new next month for Attempt 2 at WWDC.

bad news, friends. it's neither purely a marathon nor purely a sprint. it's a marathon that you have to sprint through the entire way.

This is what journalism is. This is what journalism does. And all the pundits, all the diminishment won’t change that. Intrepid reporters go to where things are happening, and tell you what’s going on and why. nytimes.com/2026/05/30/wor… via @NYTimes

Turns out targeted advertising has allowed Iran to target U.S. troops by buying data on where they are. reuters.com/business/media…