In 1958, Sheikh Rashid bin Saeed, then Ruler of Dubai, borrowed around a half a million dollars from the Emir of Kuwait to dredge the creek. Dubai had no meaningful oil wealth at the time. What Sheikh Rashid had was a conviction that trade would define the city, and that the creek needed to be deep enough for modern ships.
You might also like
If I wanted to propose a grand synthesis for Americans to understand Shenzhen, it would be uh Detroit in its heyday of about 100 years ago to Silicon Valley today.
Throughline
Apple may have redefined patent law around 3G and 4G licensing, but fundamentally, it did not actually succeed in stopping its competitors with intellectual property lawsuits. So, you go from copyright to patent and now trade secrets, which is the third big intellectual property, and Apple's doing it again with OpenAI. My big question is whether OpenAI can just pay the money the way that Microsoft and Samsung were able to just pay the money.
Nilay Patel — Decoder with Nilay Patel
It's hard to imagine this, but back then there was no like e bikes within a thing lit alone electric motorcycles. So we put that thing together and started riding around Pocacoli. It just turned a lot of hits like it was something new.
Luke Sinclair — The Business of Tech