Business Insider

2023-01-02 19:46:30 Elon Musk has never been afraid to speak his mind.

Take a look at 20 of the most interesting things Musk said between June and December of 2022 - a very notable year for the billionaire as he became Twitter's new owner but also lost the title of "world's richest man."

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2022-12-30 16:27:40 During challenging financial times, cash and liquidity is king. Having easy access to cash during a recession can help you avoid going into serious debt.

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2022-12-23 22:13:35 Caroline Ellison, Alameda's ex-CEO, is out on a $250,000 bond after pleading guilty in the FTX case. She and FTX cofounder Gary Wang are working with feds probing Sam Bankman-Fried's crypto empire. Cooperators may give up a high level of autonomy in hopes of a lighter sentence, legal experts said.

In some parts of Texas, prices for power to be delivered on Friday evening more than quintupled, topping $500 per megawatt-hour. On Friday night, temperatures in Dallas, Austin and San Antonio are expected to dip below 20 degrees. Outage data shows roughly 53,000 Texas residents were experiencing a loss of power on Thursday.

Tech execs are supposedly a pampered lot. But their high pay means they work long hours. Silicon Valley exec Leyla Seka explains how she became a workaholic as her career grew. She describes how she learned to balance her work and life.


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2022-12-23 19:57:14 If yes to the above, would you like to ask reporters questions via a form sent ahead of time? Or would you prefer live audio conversations?

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2022-12-23 19:56:26 Happy holidays from our team at @Insider and @BusinessInsider! As we approach 2023, we’d love to hear more from you about how you’d like to interact with us and our newsroom.

Insider has reporters covering stories across News, Business, and Life. In the new year, would you like to see more AMA (Ask Me Anything) sessions where you can ask reporters questions about their stories?

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2022-12-23 01:01:51 Durlston Partners wooed employees with the promise of fast cash, epic parties, and an unbeatable culture. Some people who worked there say its CEO, Vax Bahram, also created a culture of fear, made racist and sexist comments, and potentially violated UK pension requirements.

A rising video star, June Jiuxing Xie was fired in October after she clashed with her bosses and backed out of a TV project.

Institutional investors have earmarked as much as $110 billion to buy or build single-family homes. Most have dramatically slowed down their purchases in recent months due to interest-rate hikes. But investors' strong appetite for rental homes could radically reshape housing in the coming years.

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2022-12-22 19:14:32 Cute, affordable clothes have never been easier to find — but the knock-offs you bought for Christmas are creating a looming environmental disaster.

The CFTC filed fraud charges against Caroline Ellison and Gary Wang yesterday. It accused the former FTX and Alameda Research execs of joining SBF in a fraudulent scheme. Read the full complaint here.

️ Caroline Ellison, the former CEO of Alameda Research, is facing up to 110 years in prison. Per her plea deal, she has pleaded guilty to seven charges, including wire and securities fraud.

Google has issued a "code red" over the rise of the AI bot ChatGPT, The New York Times reported. The move comes as talks abound over whether ChatGPT could one day replace Google's search engine.

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2022-12-20 01:00:26 Top investment firms see plenty of risks to stocks and the economy next year. But even in a bear market, there are still many investing opportunities. Here are the investment strategies Wall Street recommends following in 2023.

Entrepreneurs Steph Gordon and Den Mathu have managed to increase their income consistently. Start with your day job. Can you negotiate a raise? Can you switch to a company that pays more? Next, think about the skills you already have and how you can use them to start a side hustle.

David Ripley says crypto price drops tend to expose those that aren't following proper protocol. But once the dust settles, we'll start to see new projects come to the surface, he added. This includes NFT integration beyond just art but into more complex systems.

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2022-12-19 16:31:04 Elon Musk has a pretty tried-and-true playbook for doing business — he's used it for years to build companies from Tesla to SpaceX. Unfortunately for him, it is not a model that can turn Twitter into a profitable company. It's one that will take the company down in flames, Insider’s Linette Lopez writes.

Sam Bankman-Fried's arrest isn't reassuring users who are worried about getting their money out of the failed exchange. "It really wouldn't change my life or anyone's life if he goes to jail," one user said. An attorney said he believes it is likely that SBF will end up going to jail.

Startups are increasingly finding themselves in court as meat lobbies try to stop them from using meaty words to describe their products. Meat lobbies argue that plant-based products have stolen the concept of meat. Companies argue plant-based products are intuitively called the veggie version of the meat they are imitating.

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2022-12-16 00:01:46 An executive involved in Amazon's "earth's best employer" initiative was recently investigated by the company after multiple employees alleged she created a hostile work environment, according to people familiar with the situation.

The e-commerce sector hit some bumps in the road this year. But venture capitalists remain optimistic about the long-term future of the industry. Insider reached out to the firms who made the most deals in e-commerce in 2022 to see where they're placing bets next.

SoftBank-backed education startup GoStudent is cutting jobs for the second time in three months. The Austrian startup has already cut roles in Italy, Germany, and Vienna, Insider understands. GoStudent has raised $686 million to date and is also backed by Coatue and Prosus.

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