The Battle of Salamis
The Battle of Salamis occurred in 480 B.C. when the Persian King Xerxes attempted to push south into the Peloponnese Peninsula. As I discussed in a previous article, the Spartans were hesitant to engage the Persians in a naval battle because they thought building a wall across the Isthmus of Corinth was the better way to protect themselves. The Athenian commander, Thermistocles, tricked the Spartans by sending a messenger, posing as a traitor, to tell the Persian a Greek attack was imminent. The Persians took the bait and moved up their timetable leaving the Spartans no time for withdrawal.
Thermistocles knew that the Persian fleet was much larger than his own (1200 ships to 400) so he decided to use geography to improve his chances. The Salamis Island occupies the center of the Saronic Sea near Athens. On the east side of Salamis sits a pointed peninsula called Cynosura. The waters north of this peninsula were quite narrow – too small for entire Persian fleet. Themistocles reasoned that his odds of winning would improve if he only had to fight a fraction of the Persian fleet.
He formed his fleet into a line and placed it running north to south against the eastern coast of Salamis Island. To oppose him the Persians were forced to create their own line on the Attican side of the bay. The Persians attacked early in a September morning but the battle quickly became a rout in favor of the Greeks. Many of the Persian ships were pushed back to Attica where they ran aground. Others, trying to escape to Phalerum (a bay near Athens) were cut off by an Aeginetan squadron and destroyed.
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple's latest products at Apple's Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024.
The move comes after Apple's chief executive met with President Donald Trump last week.
The iPhone maker faces pressure from the Trump administration over where it chooses to manufacture its products. Apple assembles most of its products in China.
Earlier this month, Trump signed an order imposing long-threatened 10% tariffs on Chinese goods on top of existing tariffs of up to 25% levied during his first presidency.
Apple said its $500 billion investment plan will include work with suppliers across the U.S. and production of content for its Apple TV+ media streaming service in 20 states, as well as new hires and research and development (R&D) spending.
Apple said it "remains one of the largest U.S. taxpayers, having paid more than $75 billion in U.S. taxes over the past five years, including $19 billion in 2024 alone."
The tech giant also said it would double its U.S. Advanced Manufacturing Fund to $10 billion from $5 billion currently, create a new manufacturing academy in Michigan, and grow its R&D investments in the U.S. to support cutting-edge fields such as silicon engineering.
Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion
Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).
European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in an all-cash deal worth roughly 4.1 billion euros ($4.3 billion).
The offer values Just Eat's shares at 20.3 euros each, representing a premium of 63% when compared to the firm's closing price on Friday.
Prosus, which is majority owned by South Africa's Naspers, already holds a 28% stake in leading food delivery company Delivery Hero.
Shares of Just Eat soared as much as 54.7% on Monday morning, notching a new 52-week high. The stock price was last seen trading 54.4% higher on the news.
Prosus shares fell 6.6%, tumbling toward the bottom of the pan-European Stoxx 600 index, while Delivery Hero rose 4.8%.
"We are very excited for Just Eat Takeaway.com to join the Prosus group and the opportunity to create a European tech champion," Fabricio Bloisi, CEO of Prosus and Naspers group, said in a statement.
"We believe that combining Prosus' strong technical and investment capabilities with Just Eat Takeaway.com's leading brand position in key European markets will create significant value for our customers, drivers, partners, and shareholders," Bloisi said.
The offer comes after a rocky few years for Just Eat. Like many other food delivery companies, the company's stock price collapsed in the wake of the coronavirus pandemic, which had initially boosted the firms as consumers turned to these platforms during lockdowns.
A stark shift in consumer habits since, however, led to a sharp deceleration in growth rates.
The Dutch multinational delisted from the London Stock Exchange late last year, citing an effort to "reduce the administrative burden, complexity and costs associated with the disclosure and regulatory requirements of maintaining the LSE listing." The move made Amsterdam the firm's sole trading venue.
Xerxes observed the battle from Mount Aegaleos expecting to savor a great victory but instead he saw his commanders routed and his fleet destroyed. One of the few exploits to make him smile involved his female commander, Queen Artemisia. Pursued by an Athenian ship, she purposely rammed another Persian ship to make it appear she was Greek. The pursuers took the bait and broke off pursuit of her. When Xerxes heard about this, he remarked, “today our women are fighting like men and our men like women.”
Defeated, Xerxes chose to withdraw his main army from Greece and leave a small force to winter there. Those troops lead by Mardonius camped at Boetia, far enough from Athens to allow its citizens to return to their ruined city.
In November, Just Eat Takeaway.com said it would sell its GrubHub arm to New York-based online takeout startup Wonder for $650 million — a huge discount compared to the $7.3 billion the firm paid for the U.S. food delivery app.
"Prosus fully supports our strategic plans and its extensive resources will help to further accelerate our investments and growth across food, groceries, fintech and other adjacencies. We are looking forward to an exciting future together," Jitse Groen, CEO and founder of Just Eat Takeaway.com, said in a statement on Monday.
The SEC's dismissal of the Robinhood and Coinbase cases is an early sign of the regulatory sea change for the crypto industry promised by President Donald Trump during his election campaign. Despite the meteoric rise of the price of bitcoin under the previous administration, many crypto businesses saw it as low point due to the SEC's notorious regulation-by-enforcement approach to crypto – as opposed to the creation of clear rules by which to operate – under the leadership of then chair Gary Gensler.
Nearly half of Robinhood's $672 million transaction-based revenue in the fourth quarter came from a 700% rise in revenue tied to crypto trading, as bitcoin rallied toward $100,000 for the first time ever on hopes of more favorable policies under Trump.
So what we see here is a left wing of hawks and a right wing of doves. Interesting to compare it to the United States where the left wing are doves and the right wing hawks. What is the difference?
In our country Democrats favor the people and Republicans favor business. Generally speaking the Democrats worry about what can be done domestically to improve the lives of the public. That focus is more important to them than foreign policy which is complicated and takes money away from domestic needs. The Republicans favor a strong foreign policy because it protects their business interests -- more important to them than the needs of the people.
Aeschylus was considered the father of Greek drama. As a religious man and philosopher, his plays were more rough in structure as he developed the model. Sophocles brought the form to its highest level in terms of structure and balance between the story and the moral. Euripides, impatient with what came before him and overtly emotional, brought the inner thoughts and anxieties of his characters into his plays. His works represent a drop off in the traditional form. After Euripides, drama declined and it was replaced by comedy, most notably that of Aristophanes.
Dorians and Ionians
According to historians, the ancient Greek people were made up of Dorians and Ionians; tribes who migrated from the north into Greece during the Mycenaean Era. The Peloponnese was Dorian while the Attica Peninsula and the western coast of Asia Minor were populated by Ionians. Dorians had their own dialect of Greek and observed their own festival-laden calendar.
Most people who know a little Greek history are familiar with the Dorian and Ionic columns of Greek Architecture.
Spartan Timeline – The Collapse
The period following the Peloponnesian War was a disaster for Sparta. With victory came the responsibility to govern, so Sparta, as an oligarchy, sought to impose oligarchic governments on those it defeated. But the Spartans did not know how to govern others and many of their appointed governors became tyrants. A “group of thirty” ruled Athens for only a year before it was overthrown and a democracy restored. Elsewhere puppet governments were despised and resisted. Former allies conspired against the Sparta, fearing its intentions, and it wasn’t long before all the defeated Greeks were independent again.
Overseeing this Spartan decline was the king Agesilaus, who ruled from 399-360. Agesilaus was an enigma. He was never supposed to rule being the younger brother of the heir, and excelled in the Agoge despite being lame. Rival of Lysander and admired by Xenophon, Agesilaus did his best to protect Spartan honor despite the handicap of an un-Spartan-like mercenary army. Against Boetia in 398, he was severely injured and had to be carried from the battlefield. Later, his many battles against the rising power of Thebes came to nothing and the defeat at Leuctra in 371 proved the Spartan army was finished. The next year, Thebes and her allies invaded the Peloponnese and attacked Sparta itself. Beaten off, they settled for the liberating the Messenians, which ended three hundred years of the helot system.
The earthquake was a large magnitude event that caused significant loss of life in Sparta. Debate as to whether the army was seriously impacted by the loss of trainees and mature Spartiates is inconclusive, but it may have had an impact on Spartan thinking later. Immediately after the earthquake, the Messenian Helots took the opportunity and revolted. The length of their revolt is unclear, but it could have lasted several years. The Athenians sent a force of four thousand hoplites to assist Sparta after she made a request for aid, but that gesture only soured the relationship between the two Greek powers when the Athenians were not able to help prosecute the siege of the Messenian stronghold at Mount Ithome.
Somewhere between the Messenian revolt and the Battle of Mantinea, Sparta changed the structure of its military and started to deploy Perioeci to fight along side Spartiates trained in the Agoge. Her hand may have been forced by the loses in the earthquake and closely fought battles such as Tanagra. The thirty year long Peloponnesian War also took its toll as the number of deaths exceeded Sparta’s ability to replace them. As strong as the Spartans were, even they couldn’t win without numbers.
!summarize #espn #Mlb #sports #broadcast
!summarize #youtube #ceo
The Battle of Salamis
The Battle of Salamis occurred in 480 B.C. when the Persian King Xerxes attempted to push south into the Peloponnese Peninsula. As I discussed in a previous article, the Spartans were hesitant to engage the Persians in a naval battle because they thought building a wall across the Isthmus of Corinth was the better way to protect themselves. The Athenian commander, Thermistocles, tricked the Spartans by sending a messenger, posing as a traitor, to tell the Persian a Greek attack was imminent. The Persians took the bait and moved up their timetable leaving the Spartans no time for withdrawal.
Thermistocles knew that the Persian fleet was much larger than his own (1200 ships to 400) so he decided to use geography to improve his chances. The Salamis Island occupies the center of the Saronic Sea near Athens. On the east side of Salamis sits a pointed peninsula called Cynosura. The waters north of this peninsula were quite narrow – too small for entire Persian fleet. Themistocles reasoned that his odds of winning would improve if he only had to fight a fraction of the Persian fleet.
He formed his fleet into a line and placed it running north to south against the eastern coast of Salamis Island. To oppose him the Persians were forced to create their own line on the Attican side of the bay. The Persians attacked early in a September morning but the battle quickly became a rout in favor of the Greeks. Many of the Persian ships were pushed back to Attica where they ran aground. Others, trying to escape to Phalerum (a bay near Athens) were cut off by an Aeginetan squadron and destroyed.
!summarize #nyknicks #nba
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple's latest products at Apple's Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024.
The move comes after Apple's chief executive met with President Donald Trump last week.
The iPhone maker faces pressure from the Trump administration over where it chooses to manufacture its products. Apple assembles most of its products in China.
Earlier this month, Trump signed an order imposing long-threatened 10% tariffs on Chinese goods on top of existing tariffs of up to 25% levied during his first presidency.
Apple said its $500 billion investment plan will include work with suppliers across the U.S. and production of content for its Apple TV+ media streaming service in 20 states, as well as new hires and research and development (R&D) spending.
Apple said it "remains one of the largest U.S. taxpayers, having paid more than $75 billion in U.S. taxes over the past five years, including $19 billion in 2024 alone."
The tech giant also said it would double its U.S. Advanced Manufacturing Fund to $10 billion from $5 billion currently, create a new manufacturing academy in Michigan, and grow its R&D investments in the U.S. to support cutting-edge fields such as silicon engineering.
Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion
Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).
European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in an all-cash deal worth roughly 4.1 billion euros ($4.3 billion).
The offer values Just Eat's shares at 20.3 euros each, representing a premium of 63% when compared to the firm's closing price on Friday.
Prosus, which is majority owned by South Africa's Naspers, already holds a 28% stake in leading food delivery company Delivery Hero.
!summarize #china #banks #economy #debt
Shares of Just Eat soared as much as 54.7% on Monday morning, notching a new 52-week high. The stock price was last seen trading 54.4% higher on the news.
Prosus shares fell 6.6%, tumbling toward the bottom of the pan-European Stoxx 600 index, while Delivery Hero rose 4.8%.
"We are very excited for Just Eat Takeaway.com to join the Prosus group and the opportunity to create a European tech champion," Fabricio Bloisi, CEO of Prosus and Naspers group, said in a statement.
"We believe that combining Prosus' strong technical and investment capabilities with Just Eat Takeaway.com's leading brand position in key European markets will create significant value for our customers, drivers, partners, and shareholders," Bloisi said.
!summarize #walmart #economy #unitedstates #retail #spending
The offer comes after a rocky few years for Just Eat. Like many other food delivery companies, the company's stock price collapsed in the wake of the coronavirus pandemic, which had initially boosted the firms as consumers turned to these platforms during lockdowns.
A stark shift in consumer habits since, however, led to a sharp deceleration in growth rates.
The Dutch multinational delisted from the London Stock Exchange late last year, citing an effort to "reduce the administrative burden, complexity and costs associated with the disclosure and regulatory requirements of maintaining the LSE listing." The move made Amsterdam the firm's sole trading venue.
Xerxes observed the battle from Mount Aegaleos expecting to savor a great victory but instead he saw his commanders routed and his fleet destroyed. One of the few exploits to make him smile involved his female commander, Queen Artemisia. Pursued by an Athenian ship, she purposely rammed another Persian ship to make it appear she was Greek. The pursuers took the bait and broke off pursuit of her. When Xerxes heard about this, he remarked, “today our women are fighting like men and our men like women.”
Defeated, Xerxes chose to withdraw his main army from Greece and leave a small force to winter there. Those troops lead by Mardonius camped at Boetia, far enough from Athens to allow its citizens to return to their ruined city.
In November, Just Eat Takeaway.com said it would sell its GrubHub arm to New York-based online takeout startup Wonder for $650 million — a huge discount compared to the $7.3 billion the firm paid for the U.S. food delivery app.
"Prosus fully supports our strategic plans and its extensive resources will help to further accelerate our investments and growth across food, groceries, fintech and other adjacencies. We are looking forward to an exciting future together," Jitse Groen, CEO and founder of Just Eat Takeaway.com, said in a statement on Monday.
The SEC did not respond to a request for comment.
The SEC's dismissal of the Robinhood and Coinbase cases is an early sign of the regulatory sea change for the crypto industry promised by President Donald Trump during his election campaign. Despite the meteoric rise of the price of bitcoin under the previous administration, many crypto businesses saw it as low point due to the SEC's notorious regulation-by-enforcement approach to crypto – as opposed to the creation of clear rules by which to operate – under the leadership of then chair Gary Gensler.
!summarize #germany #election #eu
Nearly half of Robinhood's $672 million transaction-based revenue in the fourth quarter came from a 700% rise in revenue tied to crypto trading, as bitcoin rallied toward $100,000 for the first time ever on hopes of more favorable policies under Trump.
Shares have gained 38% so far in 2025.
!summarize #tesla #fsd #china #approval
So what we see here is a left wing of hawks and a right wing of doves. Interesting to compare it to the United States where the left wing are doves and the right wing hawks. What is the difference?
In our country Democrats favor the people and Republicans favor business. Generally speaking the Democrats worry about what can be done domestically to improve the lives of the public. That focus is more important to them than foreign policy which is complicated and takes money away from domestic needs. The Republicans favor a strong foreign policy because it protects their business interests -- more important to them than the needs of the people.
Aeschylus was considered the father of Greek drama. As a religious man and philosopher, his plays were more rough in structure as he developed the model. Sophocles brought the form to its highest level in terms of structure and balance between the story and the moral. Euripides, impatient with what came before him and overtly emotional, brought the inner thoughts and anxieties of his characters into his plays. His works represent a drop off in the traditional form. After Euripides, drama declined and it was replaced by comedy, most notably that of Aristophanes.
Dorians and Ionians
According to historians, the ancient Greek people were made up of Dorians and Ionians; tribes who migrated from the north into Greece during the Mycenaean Era. The Peloponnese was Dorian while the Attica Peninsula and the western coast of Asia Minor were populated by Ionians. Dorians had their own dialect of Greek and observed their own festival-laden calendar.
Most people who know a little Greek history are familiar with the Dorian and Ionic columns of Greek Architecture.
Spartan Timeline – The Collapse
The period following the Peloponnesian War was a disaster for Sparta. With victory came the responsibility to govern, so Sparta, as an oligarchy, sought to impose oligarchic governments on those it defeated. But the Spartans did not know how to govern others and many of their appointed governors became tyrants. A “group of thirty” ruled Athens for only a year before it was overthrown and a democracy restored. Elsewhere puppet governments were despised and resisted. Former allies conspired against the Sparta, fearing its intentions, and it wasn’t long before all the defeated Greeks were independent again.
Overseeing this Spartan decline was the king Agesilaus, who ruled from 399-360. Agesilaus was an enigma. He was never supposed to rule being the younger brother of the heir, and excelled in the Agoge despite being lame. Rival of Lysander and admired by Xenophon, Agesilaus did his best to protect Spartan honor despite the handicap of an un-Spartan-like mercenary army. Against Boetia in 398, he was severely injured and had to be carried from the battlefield. Later, his many battles against the rising power of Thebes came to nothing and the defeat at Leuctra in 371 proved the Spartan army was finished. The next year, Thebes and her allies invaded the Peloponnese and attacked Sparta itself. Beaten off, they settled for the liberating the Messenians, which ended three hundred years of the helot system.
The earthquake was a large magnitude event that caused significant loss of life in Sparta. Debate as to whether the army was seriously impacted by the loss of trainees and mature Spartiates is inconclusive, but it may have had an impact on Spartan thinking later. Immediately after the earthquake, the Messenian Helots took the opportunity and revolted. The length of their revolt is unclear, but it could have lasted several years. The Athenians sent a force of four thousand hoplites to assist Sparta after she made a request for aid, but that gesture only soured the relationship between the two Greek powers when the Athenians were not able to help prosecute the siege of the Messenian stronghold at Mount Ithome.
Somewhere between the Messenian revolt and the Battle of Mantinea, Sparta changed the structure of its military and started to deploy Perioeci to fight along side Spartiates trained in the Agoge. Her hand may have been forced by the loses in the earthquake and closely fought battles such as Tanagra. The thirty year long Peloponnesian War also took its toll as the number of deaths exceeded Sparta’s ability to replace them. As strong as the Spartans were, even they couldn’t win without numbers.