Monthly Archives: November 2022

Mark Zuckerberg and Elon Musk appear to agree on one thing: Apple’s control over apps is ‘problematic’

AP; Francois Mori/AP Mark Zuckerberg called Apple’s control over the App Store “problematic” during an interview Wednesday. The Facebook founder said Apple’s control of iOS has made it difficult for Meta. Zuckerberg’s comments echo Elon Musk, who called the App Store “a serious problem” on Tuesday. Mark Zuckerberg took a jab at Apple and appeared…

Bitcoin jumps to a 2-week high of $17,000, but crypto experts say don’t cheer the rally as FTX contagion is far from contained

Sam Bankman-Fried founded the now-bankrupt crypto exchange FTX. Tom Williams/Getty Images Bitcoin hit $17,000 on Wednesday, trading at a two-week high.  An analyst breaks down why he expects continued headwinds across the board for asset prices. Industry experts told Insider their crypto market outlook post-FTX collapse.  Bitcoin notched a two-week high of about $17,000 on…

A House committee obtained 6 years worth of Donald Trump’s federal income tax returns from the IRS

Former President Donald Trump speaks at a rally in Wilkes-Barre, Pa., Saturday, Sept. 3, 2022. Mary Altaffer/AP The House Ways and Committee obtained Donald Trump’s federal tax returns after a yearslong legal battle. The Democrat-led panel initially requested his federal income tax returns in 2019 when Trump was still president. The move came just a…

AMC Networks booted its CEO after only 3 months, gave her a $10 million payout, and cut about 20% of its staff. So much for workers being empowered.

Former AMC CEO Christina Spade and actor Bob Odenkirk. Frazer Harrison/Getty Images Former AMC CEO Christina Spade got a $10 million payout after only three months on the job.  CEO compensation has increased in recent years, while average worker wages decreased.   Most Americans think CEO compensation is too high, according to a poll by JUST…

Elon Musk claims to have met with Tim Cook at Apple’s HQ after putting the company on blast

Elon Musk posted a video Wednesday that claimed Apple CEO Tim Cook (right) showed him around the iPhone maker’s California campus. Brendan Smialowski/AFP, Richard Drew/Associated Press Elon Musk posted a video on Wednesday, claiming Tim Cook showed him around Apple’s campus. A reporter for The New York Times said on Twitter that Apple staff had…

Cannabis giant Curaleaf just laid off over 200 employees as the industry’s downturn deepens

A customer shows purchased marijuana products at Curaleaf. REUTERS/Hannah Beier Curaleaf laid off staff in November, Insider has learned. The cannabis giant previously cut 50 jobs and closed a facility in California in August. The industry is suffering from a collapse in prices, heavy regulation, and increased competition.  Curaleaf, one of the largest cannabis companies…

Netflix co-CEO calls Elon Musk the ‘bravest, most creative person on the planet,’ says people should ‘give the guy a break’

Elon Musk; Reed Hastings Carina Johansen/Getty Images; Manu Fernandez/AP Netflix co-CEO Reed Hastings called Elon Musk “the bravest, most creative person on the planet.” He added that their styles are different, but that Musk is “trying to help the world” by buying Twitter. “He just spent all this money to try to make [Twitter] much…