Elon Musk in a Tesla Roadster. James Leynse/Corbis via Getty Images Elon Musk’s lawyers say the billionaire’s over $50 billion Tesla compensation plan is justified. Musk faces a trial in November over a lawsuit from an investor regarding his 2018 pay package. The pay plan is structured around Tesla’s performance goals and includes over 100…
Monthly Archives: October 2022
David Hojah, Parrots’ founder. Parrots Inc. Polly, a hardware and software service, helps people with disabilities live more independently. Parrots’ founder is in talks with the VA to give Polly to veterans with neurological disorders. This article is part of “How 5G Is Changing Everything,” a series about transformational 5G tech across industries. David…
Chamath Palihapitiya. Mike Windle/Getty Images for Vanity Fair Chamath Palihapitiya slammed the Fed for distorting financial markets with near-zero interest rates. The billionaire investor said the market slump this year was the result of money leaving the system. Palihapitiya predicted the US economy would tumble into a recession within the next two years. Chamath Palihapitiya…
Justin Sullivan/Getty Images (left), David Ramos/Getty Images (right) Apple’s updated App Store rules give it 30% of in-app purchases for social media post “boosts.” The rule essentially allows Apple to tax some advertising in apps like Facebook and Instagram. A Meta spokesperson told Insider that Apple’s move undercuts other businesses and helps itself. Meta is…
The outlook: Digital account openings in the US will plummet 44.6% in 2022, driven by neobanks’ ongoing struggles, according to an Insider Intelligence forecast. Read the original article on Business Insider Read More
When you buy through our links, Insider may earn an affiliate commission. Learn more. Amazon/Insider Amazon’s second annual Holiday Beauty Haul event is still in full swing. In addition to makeup, skincare, and haircare products on sale, the shopping event also includes a ton of our favorite shaving and grooming products. Until November 6, you…
President Joe Biden. Manuel Balce Ceneta, File/AP Photo Biden said increasing student-loan payments is part of the GOP “MAGA trickle-down economic plan.” The White House said Republicans will raise inflation through their economic priorities. Biden’s student-debt relief plan is currently paused as an appeals court makes a decision on its legality. A week and a…
An oil worker in Russia Sergei Karpukhin/Reuters Russia’s war on Ukraine is reshaping world energy order, paving the way for more renewables, the IEA said. The organization estimated fossil fuel demand to peak by 2025, and investment in green energy to rise 50% by 2030. But the looming energy crisis could still be painful and…
David Jay Zimmerman Fixed investment in structures was the top drag on GDP in the third quarter, Glenmede said. Residential investment, a measure of homebuilding, sank 26.4% as mortgage rates shot up. Analysts at Pantheon Macroeconomics expect to see a similar collapse in the fourth quarter. The housing market was a big drag on economic…
It’s been a long road, getting from Lower Decks’ slightly rough-around-the-edges first episode to here. But it hasn’t taken that much time, since Star Trek’s first animated sitcom very quickly found its feet to become my favorite Trek of the streaming era. The second season showed a growing confidence in its own execution, and as…