[ad_1]
Hello and welcome to this week’s edition of the Insider Tech newsletter, where we bring you the biggest tech news, including:
I’m Insider Tech Feature Editor Alexei Oreskovic, and I always look forward to hearing your thoughts, comments, and advice, so contact me at [email protected].
Did someone send you this newsletter? Register here.
This week: Elon Musk dreams of electric robots
Youtube
Never underestimate Elon Musk’s tireless desire to get people to become “WTF?” ! At Tesla’s “AI day” event this week, the CEO of the electric car maker stunned audiences by unveiling something that looks very different from a car: a humanoid robot.
Musk says a prototype will arrive soon, but for now, the Tesla Bot is just a pretty picture on a screen. That said, robot technology is evolving in amazing ways:
Amazon’s slack problem
Andy Jassy
Mike Blake / Reuters
Less than two months after starting his tenure as CEO of Amazon, Andy Jassy has to deal with his first case of employee unrest. As Eugene Kim exclusively reports, hundreds of Amazon employees have created an internal channel to openly criticize and dismiss the company’s opaque performance review system.
The channel is called “I Got Trapped,” in reference to Amazon’s brutal performance improvement plan, known to end more careers at the company than it improves.
Read the full story here:
Hundreds of Amazon employees join internal Slack channel to criticize its opaque performance review system
And check out some of Insider’s other reports on Amazon’s internal culture:
Some Amazon officials say they “hire to fire” people just to meet internal revenue target each year
Inside Amazon’s complex employee review system, where employees feel left in the dark and managers expect to give 5% of bad review reports
Lists-o-mania:
At Insider, we love to find out who the key players are within various companies and industries, and track team rosters and all the big hires and departures. Here are some of our latest lists of people to watch:
50 backstage venture capitalists who control billions of dollars
Rockefeller University; The Attitude; Carnegie Corporation of New York; Tufts University
62 powerful players from Travis Kalanick’s secret food startup, plus 26 who have left in the past two years
Quote of the week:
Vlad Tenev, CEO and Co-Founder, Robinhood.
Kimberly White / Getty Images for Robinhood
“The clients who participated in these IPOs were relatively skillful, so to speak.”
– Vlad Tenev, CEO of Robinhood, speaking on the company’s first earnings call since its IPO, comes out a bit of memes jargon. Having “diamond hands” – as anyone in Reddit’s Wall Street Bets community will tell you – means holding a stock or cryptocurrency when the price drops. It is the opposite of “paper hands”.
Recommended reading:
Tiger Global hedge fund is blasting unwritten rules for investing in startups right now with its speed, tons of money, and hands-off approach
Apple cuts key healthcare project that grew out of its healthcare clinics, and some workers could lose their jobs
Broken technology causes growing environmental catastrophe. It’s time tech companies gave us the right to fix our stuff instead of throwing it away
Uber is showing ads in its main app for the first time – a feature former CEO Travis Kalanick once dismissed as bad for users – as it seeks profitability
Cisco CEO Says $ 239 Billion Networking Giant Is Recruiting More ‘Web-Scale’ Customers Than Ever Before As A ‘Transition’ To The Cloud Drives Increased Demand For Cutting-Edge Equipment For Businesses. data centers.
Not necessarily in technology:
College athletes are starting to cash in on sponsorships and it could spark a scuffle with universities trying to protect their own multi-million dollar brand deals
Thanks for reading, and if you like this newsletter, tell your friends and colleagues that they can sign up here to receive it.
– Alexei
[ad_2]
Source link