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Telecom Italia approves KKR's $20 billion grid bid in blow for Vivendi | Reuters News Agency (www.reutersagency.com)

Reuters exclusively reported that Telecom Italia (TIM) (TLIT.MI) on Sunday approved the 19-billion-euro ($20 billion) sale of its fixed-line network to U.S. private equity firm KKR (KKR.N), becoming the first telecoms group in a major European country to part ways with its landline grid.

How the Simulation Argument Dampens Future Fanaticism – Center on Long-Term Risk (longtermrisk.org)

Combined with general model uncertainty, it seems premature to conclude that far-future-focused actions dominate short-term helping. It’s likely that the far future will still dominate after more thorough analysis, but by much less than a naive future fanatic would have thought.

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