Pass the Chips, Former Disney CEO Makes Meta Moves, CarDealership Guy

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It’s a good (maybe great) day to make some trouble this fine Tuesday morning as we talk about moves to make the US more chip-friendly, the former Disney CEO who is betting big on metaverse swag (can you make us a flat-brim hat?), and the anonymous twitter account allegedly run by a dealership operator that is Trouble-with-a-capital-T. 

• Pass the chips: US Senate passes and sends $52B bill to House to vastly increase the strength of US semiconductor chip production
  • In the early 2000s, US accounted for 40% of chip production, today it is only 12%
  • Subsidies, grants, and environmental provisions are included in the bill which could pass sometime in June
  • One of the most vocal opponents is Independent Senator Bernie Sanders who believes “"The financial gains made by these companies must be shared with the American people, not just wealthy shareholders,"
• Former Disney CEO, Robert Iger, joins new metaverse creative company, Genies who allows creates tools for users to develop clothing, fashion items, and interactive experiences for avatars.
  • His first move since leaving Disney (2005-2020). “Mr. Iger said he was attracted to Genies because he believes the ability for anyone to easily create and sell virtual goods will change the entertainment industry and be a key component of the metaverse, a term used to describe developing virtual worlds where people are expected to work, learn and socialize”
  • ““Imagine, you know, letting someone buy a Mickey Mouse avatar and customizing it in a way that not only would we never allow it before, but it was kind of hard to do in the physical world,”
  • Genies recently raised 100M and employs 100 people 
• @cardealershipguy is tearing it up. Troublemaker to the bone. We’re not saying that the account is run by us, but we are saying that we’ve never been seen in the same place at the same time. Same logic goes for us being Batman. 

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