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Good morning all! Welcome to this weekly roundup of articles from Insider of Business, co-editor Matt Turner. Subscribe here to get this newsletter delivered to your inbox every Sunday.
Read on to learn more about Silicon Valley vs Texas, the guy from MyPillow, and President Joe Biden’s White House staff.
Reading time: 4 minutes.
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Hi!
Attention has turned to President Biden’s stimulus package following his inauguration this week. Here is the latest:
Silicon Valley vs. Texas
From Brett Alder:
Many people, including myself, have moved from California to Austin due to the hype and the perception that California and Austin are reasonably comparable in their lifestyles. My family and I found this to be far from the case.
What California and Austin have in common is that they are both very expensive. Austin is not cheap. Let the words flow. Austin is not cheap; it’s actually quite expensive.
We moved from San Diego in 2015 (owning a 2,000 square foot one-third acre home) in search of a lifestyle boost. If you are looking for good schools, the Southwest and Northwest areas of Austin are the main options. The only caveat is that NW Austin (Travis County) is one of the most expensive real estate in Texas.
But there are a lot of different things. Here is what we learned, or 10 reasons why Austin is not “California of Texas”.
Read the full story here:
Also read:
The guy from MyPillow
My pillow; Chris J Ratcliffe / Getty Images; Stephen Maturen / Getty Images; Samantha Lee / Insider
From Kate Taylor:
As President Donald Trump’s corporate allies ditched him in the final days of his administration, one man remained standing: MyPillow CEO Mike Lindell.
“I’m not backing down on those machines that stole our election,” Lindell told Insider on Wednesday, referring to baseless claims that rigged voting machines helped President Joe Biden steal the 2020 race.
“I never change my mind about something like that. I’m not going, ‘Oh, please don’t boycott me. Please don’t, “” Lindell added, turning her voice into a whiny Ton.
“It’s not me,” Lindell added, reverting to his typical force cadence that often borders on screaming. “If everyone was doing this, then whoever wants to control the narrative can do whatever they want and destroy businesses.”
Read the full story here:
Also read:
Biden’s White House team
Tasos Katopodis via Getty
From Tina Sfondeles, Kayla Epstein, Robin Bravender and Sawyer Click:
It’s time to meet a whole new White House.
Out: Mark Meadows, Hope Hicks, Dan Scavino and a myriad of bold names who have helped President Donald Trump run the country for the past four years.
In: Ron Klain, John Kerry, Jennifer Psaki and a who’s who of seasoned Democratic power brokers joining President-elect Joe Biden in his arduous quest to unite a leading country.
Biden has already announced more than 200 White House hires, and that was before he even took office. Many more people are expected to join soon a team that is set to eventually rival the more than 400 presidential aides Trump employed in mid-2020.
To help navigate the transition, Insider has compiled a comprehensive list of staff who will keep Biden’s White House running.
Read the full story here:
Also read:
INVITE: The future of work
Join Insider Events on Wednesday, Jan. 27 at 12 p.m. ET for “Workplace Evolution,” presented by Dell Technologies. Netflix speakers,
Soft
and P&G will discuss how to empower remote workers, what the shift from “working at home” to “living at work” means and what the new workplace landscape will look like in the future.
Register here.
Here are some headlines from the past two weeks that you might have missed.
– Matt
Merrill Lynch’s pipeline for thousands of new advisors ‘in limbo’ as company revises training program and addresses ongoing cold call violations
BlackRock bond chief Rick Rieder says investors need to think “radically different” in 2021. Here’s what he’s bought and sold as he anticipates explosive growth this year.
We asked 12 prominent European tech investors to pick the fintech startups they think will explode in 2021. Here are the 20 they picked.
Bank of America says it’s buying 16 semiconductor stocks as US industry is on the verge of quadruple its 3-year growth rate
We got an exclusive preview of the $ 3 billion pitch deck, the HealthTech Hinge Health start-up used to raise $ 300 million
Carlyle’s Credit Team: Meet 14 people leading the PE giant’s $ 53 billion loan division that burned down during the pandemic
Rivian uses one of Elon Musk’s favorite job interview techniques to determine which candidates stand out from the pack
Advertising agency sued Omnicom’s DDB, alleging it was ‘exploited’ so the other company could win $ 4 billion contract with the US military
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