💬 Quoted… “It seemed, by all accounts, a terrible business decision.”

Yesterday, a Delaware judge dismissed a lawsuit brought by shareholders of Jack Dorsey-founded fintech company Block over its 2021 acquisition of Tidal, the music streaming service partly owned by Jay-Z, for ~$300 million.

• And while the judge didn’t hold back in roasting Dorsey and Block executives for their poor business acumen, she also ruled that they’re 100% allowed to make bad decisions, so long as they’re in good faith.

⚡⚛️ Stat of the Day: 50 megawatts = the amount of fusion-created electricity that Microsoft has agreed to buy from nuclear startup Helion Energy, in the first-ever commercial agreement for fusion power, per the WSJ. Helion, which is backed by OpenAI founder Sam Altman, agreed to pay “significant financial penalties” if the agreed-upon electricity – which is enough to power ~50 homes annually – isn’t delivered within five years.

🤯 Did You Know?... King Charles III is a descendant of Vlad the Impaler, aka the real-life person Count Dracula was based upon.

📖 Worth a Read: The basketball journeyman who became a shooting coach to the stars → (The Hustle)