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Epic cat tree

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cat tree - 9549946880

Submitted by: (via Robert Rogalski)

Tagged: cat tree
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Spoyl
4 days ago
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Johnson Tsang created a very 2020 porcelain work

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Hong Kong-based sculptor Johnson Tsang (previously) is known for his fanciful ceramic artworks, and he was inspired during the pandemic to make a lovely piece that reflects the times, titled "Still in One Piece III."

During quarantine, he also shared a cool timelapse of a work in progress:

Image: Instagram / johnson_tsang_artist

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Spoyl
6 days ago
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Realism

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Spoyl
9 days ago
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Smart-knee Pants

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HI! PLEASE FOLLOW @LAMEBOOK ON INSTAGRAM! THANK YOU!

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Spoyl
9 days ago
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jhamill
11 days ago
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Indeed
California

How Starbucks borrows money from its customers at a negative 10% interest rate

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This essay from Moneyness by JP Koning is from 2019, but I just came across it. It's about Starbucks stored value accounts, which come in the form of physical cards but also as smartphone and smartwatch apps. In 2019 customers were holding about $1.6 billion in stored value.

It amounts to ~6% of all of the company's liabilities.

This is a pretty incredible number. Stored value card liabilities are the money that you, oh loyal Starbucks customer, use to buy coffee. What you might not realize is that these balances simultaneously function as a loan to Starbucks. Starbucks doesn't pay any interest on balances held in the Starbucks app or gift cards. You, the loyal customer, are providing the company with free debt.

But there's more. As I pointed out in the following tweet, don't forget breakage. Bond and note holders are pros. They don't forget about debts. But customers aren't so exact. They are sloppy, or busy, or forgetful, which means that many gift cards and balances will go unspent:

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Spoyl
12 days ago
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Doom playing on a pregnancy test

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Foone recently examined the guts of a digital pregnancy test to find that it was a fully-functional system on a chip that simply looks at the lines on a standard test strip and reports what it sees. They originally reported that the pregnancy test, with its baked-in ROM and tiny display, couldn't play Doom. Foone has now proven otherwise.

Yesterday I had a lot of retweets and reddit posts and such for playing Doom on a pregnancy test.
But as I explained then, it wasn't really PLAYING on a pregnancy test, it was just a video being played back, not an interactive game.

Well, now it is. It's Pregnancy Test Doom!

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Spoyl
13 days ago
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