Hello, I’m Matt Turner, Business Editor of Insider. Welcome to the Sunday edition of Insider Today. A compilation of some of the top articles.
Today’s agenda:
But first: Here are some of our recent award-winning journalism:
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Award-winning work
The Insider won seven awards at last week’s New York Press Club Awards. Here we summarize some of the award-winning journalism.
- Lynette Lopez recognized in commentary predict a stock market crash. The Nasdaq ended 2022 down more than 20%.
- Andy Dunn was awarded for his report on gene therapy. out of reach of children who need it.
- insider video Ukrainian mountain weavers refuse to give up their traditions We won the video category.
- In the spot photo category, Terrorism Month in Bucha, Ukrainewas recognized.
- Annie Hu infographic Lost Chinatown in America Awarded.
- Kelsey Vramis’ Story Wins Travel Award About the Denali Disaster.
- Bradford William Davis says Major League Baseball is at least Two types of balls, and possibly a third.
RIP Metaverse
Just three years later the Metaverse died and ChatGPT killed the Metaverse.
It used to be the talk of the tech industry, writes Ed Zitron. However, the lack of a coherent vision for the product caused it to go downhill. And when the next big event happened, wave of excitement Generative artificial intelligence has flooded the industry, and the fate of the Metaverse has been decided.
Despite its short life and an ignominious death, the Metaverse offers us a clear indictment on the industry that produced it.
very high rent
At the beginning of the COVID-19 pandemic, rent was on the decline As people evacuate from the crowded city center. However, at about the same time as the drop, prices began to soar again.
Residents are now asking, “With so many people leaving, why is my rent still so high?” A new study has come up with a surprising answer: people are sick of living together.
Also read:
Who will succeed Larry Fink?
Wall Street has long been fascinated by succession stories. The most pressing is investment giant BlackRock.
CEO Larry Fink, now 70, has the rare feat of leading the Wall Street behemoth he helped found.
Insiders see a group of about seven executives, including a few lesser-known names, as potential replacements.
Also read:
- Org Chart: The 150 Most Powerful People Under BlackRock’s Larry Fink
- Hedge funds carnage as once-rich index rebalancing strategy dries up
Microsoft leak
Ann internal email CEO Satya Nadella has revealed that Microsoft plans to stop salary increases and cut its budget for bonuses and stock bonuses.
In another leaked email, Microsoft’s chief human resources officer, Kathleen Hogan, instructed managers to give “special rewards” to fewer employees, saying that “employees in the middle We need more staff,” he added.
Read Hogan’s full email here.
Additionally, check out:
Quote of the week:
“It was an unmitigated disaster.”
- A former CNN executive, who was granted anonymity, spoke openly about the network. Former President Donald Trump and City Hall.
Here are the details for this week’s top stories:
- Google just showed what big tech could be win again with AI.
- 16 top healthcare bankers share their predictions for the future The future of digital health.
- How a former police officer made $12 million in three years Purchasing an ATM.
- Elon Musk gives a truckload of chaos to Twitter’s new CEO.
- Airbnb’s Brian Chesky says many CEOs will bring back staff will be in the hamptons.
- “I left Miami for Pakistan and my quality of life here is infinitely good. ”
- In other words, Mark Zuckerberg now shredded.
- How America’s wealthy give homes to their children and save big Inheritance tax.
Curated by Matt Turner. Edited by Hallam Block and Lisa Ryan. contact: insidertoday@insider.com
