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- What happened last week? Elon Musk said he would give a prize of $ 100 million for a design.
- Former Fox News host Shepard Smith said he “didn’t know how some people sleep at night.”
- PayPal has reportedly taken a fundraiser away from Jenna Ryan, who was arrested following the Capitol siege.
- Visit the Business Insider homepage for more stories.
What happened last week?
Broadcasting legend Larry King died in Los Angeles on Saturday, after a 60-year career and around 40,000 on-camera interviews. He would have fought the coronavirus. Over the years, he had spoken to several of the most important business leaders in the world.
Here are three more business stories you might have missed over the past week.
Elon Musk offered a prize of $ 100 million
Elon Musk.
Maja Hitij / Getty Images
SpaceX and Tesla CEO Elon Musk on Thursday announced a $ 100 million award for whoever creates the “best” carbon capture technology.
—Elon Musk (@elonmusk) January 21, 2021
His announcement was light on the details, but Musk said he would have more to say “next week.”
Read more: Elon Musk says he will inject $ 100 million into carbon capture technology. VCs, including Vinod Khosla, told us that these 4 startups are leading the way.
Shepard Smith uploaded to Fox News
Shepard Smith.
Steven Ferdman / Getty Images
Former Fox News host Shepard Smith, who now has his own show on CNBC, spoke about his former employer on Tuesday. The network may have given viewers “misinformation or misinformation,” he said, but he was “there to make sure they were right.”
“I slept really well,” Smith said. “I don’t know how some people sleep at night, because I know there are a lot of people who have spread lies and pushed them over and over again, who are smart enough and educated enough to know better.”
Read more: Trump administration staff get snubbed when looking for jobs. A recruiter tried to place 6 and could not get an interview.
PayPal reportedly suppressed Capitol Hill legal defense fundraiser
Jenna Ryan.
CBS 11
PayPal reportedly pulled a fundraiser from Jenna Ryan, a Texas real estate agency who flew on a private jet to join the Capitol Riot. She said on Twitter that she raised $ 1,000 for her legal defense, before PayPal cut her fundraiser.
“PayPal’s policy is to allow fundraising for legal defense purposes,” a PayPal spokesperson said. “PayPal carefully examines the accounts, and if we learn that the funds are being used for anything other than legal defense, the account will be subject to immediate closure. We can confirm that the account in question has been closed.”
Late Saturday, Ryan said on Twitter, “Who runs your business? Are you run by trolls?”
She added, “I think the trolls run your business. Weird weird weird weird.”
Read more: Representative Rashida Tlaib on why she is rallying progressives to fight calls for removal of new government surveillance powers after Capitol attack
ICYMI
The Olympics are scheduled to begin on July 23.
Eugene Hoshiko
Despite rumors that the 2020 Summer Olympics would be further delayed, Japanese officials said on Friday that the games would go ahead as planned, according to the Associated Press.
“Absolutely wrong,” a Japanese official said, per AP.
The games are scheduled to begin on July 23, 2021.
Here’s what happened the week before. See you next week.
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