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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalter Isaacson on Apple's China exposure: US needs to balance disengagement and dependenceWalter Isaacson, Steve Jobs and Elon Musk biographer, joins 'Squawk Box' to discuss if demand issues for Apple are a concern, if the end is approaching for business in China, and much more.
Persons: Walter Isaacson, Steve Jobs, Elon Musk Organizations: Elon, Apple Locations: China
As some US companies cut back on their dependence on China, Apple could be hardest hit, says Steve Jobs' biographer. Walter Isaacson told "Squawk Box" that "it'll be hardest" for Apple to decrease reliance on China. AdvertisementAdvertisementAs more US companies are trying to cut back on relying on China for business, Apple could be the one hardest hit if economic tensions continue to escalate. "Most companies are trying to decrease their dependence on China, but it'll be the hardest for Apple to do that." More than 95% of iPhones, Macs, AirPods, and iPads are made in China, according to the Financial Times.
Persons: Steve Jobs, Walter Isaacson, Tim Cook, , Elon Musk, CNBC's, Apple, Isaacson, it'll, we've, Wang Wentao, Terry Gou Organizations: Apple, Service, Tesla, Bloomberg, Counterpoint Research, YouTube, Wall Street, Financial Times Locations: China, Beijing, Chengdu, Taiwan
A former exec at X, previously Twitter, says Elon Musk was at times more impulsive than she expected. Ella Irwin told NBC News there was "more emotion behind his decisions" than she anticipated. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementA former exec at X, previously known as Twitter, says there was at least one element of working with owner Elon Musk that surprised her. AdvertisementAdvertisementWhen asked to give X CEO Linda Yaccarino advice about working with Musk, Yoel Roth, Irwin's predecessor, said, "You should be worried.
Persons: Elon Musk, Ella Irwin, Grimes, , Musk, Irwin, Musk Irwin isn't, Linda Yaccarino, Yoel Roth, Irwin's, Roth, he's, Esther Crawford, Musk's, Crawford, Walter Isaacson, Ron DeSantis, Isaacson, Jekyll, Mr, Hyde, Elon, Martin Eberhard Organizations: NBC News, Service, Twitter, SpaceX, The Boring Company
His criticism of remote work marked an abrupt shift from a discussion about Tesla's car pricing during the company's earnings call. AdvertisementAdvertisementTesla CEO Elon Musk ranted against remote work during Tesla's third-quarter financial results call and criticized the work-from-home crowd as being "detached from reality." Because it mattered," Musk said, while drawing a comparison between remote workers to factory workers, restaurant workers, and delivery workers. After sharing his thoughts on remote work, he resumed the pricing discussion by saying, "So, I just can't emphasize again how important cost is." In May, Musk told CNBC he thought remote work was "morally wrong," and likened remote workers to Marie Antoinette's infamous "let them eat cake" remark.
Persons: Elon Musk, Marie Antoinette, , Musk, Marie Antoinette's, Walter Isaacson's, Tesla Organizations: Service, CNBC, Twitter, Musk
Insider Today: Big banks' cloudy forecast
  + stars: | 2023-10-16 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
AdvertisementAdvertisementIn today's big story, we're looking at why strong earnings results from some big banks weren't necessarily the big win markets were hoping for. The big storyTrouble brewingAdvertisementAdvertisementOn the surface, earnings season got off to a great start. And that could spell trouble for the broader market hoping for a banner earnings season to help it finish the year on a positive. AdvertisementAdvertisement"This may be the most dangerous time the world has seen in decades," he said in a press release announcing the bank's earnings. One market veteran predicts stocks will rally for the final stretch of the year due to a strong earnings season.
Persons: Elon Musk, Steve Jobs, Wells, Jamie Dimon, Dimon, Julian Restrepo, Emmalyse Brownstein, Mark Mason, JPMorgan's, Teresa Heitsenrether, Goldman Sachs, Jane Fraser, Fraser, Michael Siluk, there's, Walter Isaacson, Justin Sullivan, Tim Mosenfelder, Elon, Tyler Le, Noah Webster, He's, Naomi Osaka, Angela Lansbury, Sue Bird, Oscar Wilde, Bryce Harper, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Tech, JPMorgan, Citigroup, AP, Citi, Barclays, Suisse, New York Department of Labor, Getty, Wedbush Securities, Microsoft Outlook, Microsoft, Consumers, PETA, Dairy Summit Locations: Ukraine, Israel, Chicago, New York City, San Diego, London, New York
Walter Isaacson trailed Elon Musk for years and interviewed Steve Jobs over 40 times to write their biographies. Elon Musk's biographer, Walter Isaacson, once said that the Tesla CEO was "in some ways the Steve Jobs of our time." AdvertisementAdvertisementBoth Musk and Jobs had a "dark streak""When I was reporting on Steve Jobs, his partner Steve Wozniak said that the big question to ask was 'Did he have to be so mean? AdvertisementAdvertisementIsaacson said Steve Jobs (left) took on the role of "alpha male" at Apple and "marginalized" his cofounder Steve Wozniak (right). "As much as I think Steve Jobs is a total genius, Steve Jobs would design a product, be it the Mac or the iPhone, and then it would be thrown over the wall to some manufacturing facility in China or something.
Persons: Walter Isaacson, Elon Musk, Steve Jobs, , Elon Musk's, Tesla, Jobs, Isaacson, Musk, Steve Wozniak, Grimes, " Isaacson, didn't, Kimberly White, Wozniak, Martin Eberhard, Tom Mueller, It's, Frederic J . BROWN, Musk's, Franz von Holzhausen Organizations: Service, Apple, Jobs, Twitter, SpaceX, Getty, Wall Street, Tesla, Economic, of New Locations: AFP, China, of New York
She told a Texas court that son X "is only absent from California over [her] objection." Grimes, the musician who has three children with Elon Musk , told a Texas court last week that their eldest son X Æ A-XII Musk isn't with her in California "over [her] objection." The artist, whose real name is Claire Boucher, asked a Texas court on October 6 to throw out Musk's child-custody case. Their oldest child, three-year-old son X, is "only absent from California over [Boucher's] objection," according to the document, obtained by Insider. In his biography on Musk, Walter Isaacson wrote that with X Musk had a "free-range" parenting style that was far from "doting."
Persons: Grimes, Elon Musk's, X, , Elon Musk, Claire Boucher, Musk, Tesla, Tesla's, Walter Isaacson, X Musk, Walter Isaacson’s, Isaacson, Recep Tayyip Erdoğan, We're, Grimes —, Shivon Zilis Organizations: Tesla, Service, Variety, SpaceX Locations: California, Texas, Hungary, Tesla's gigafactory, Turkey, New York
Claire Boucher, better known as Grimes, asked a Texas judge to throw out Elon Musk's custody case. The musical artist Grimes has asked a Texas judge to throw out Elon Musk 's child-custody lawsuit filed last month, saying the case belongs in California, not Austin. In Musk's lawsuit , he claimed they lived together in Texas as recently as July 2023. He splits his time between six companies — with his private jets sometimes making multiple trips between Texas and California within a week. The lawsuit isn't the first sign of conflict between Musk and Grimes.
Persons: Claire Boucher, Grimes, Elon, , Elon Musk, Tesla, Musk didn't, didn't, Chrisopher Melcher, Walzer Melcher, Melcher, Musk, Musk's, Walter Isaacson, Tesla's Austin gigafactory, Shivon Zilis Organizations: Service, SpaceX, Montessori, Twitter Locations: Texas, California, Austin, Los Angeles, Tesla's, San Francisco, Hawthorne , California, Boca Chica , Texas
Grimes is seeking physical custody of her and Elon Musk's three kids, according to court documents. AdvertisementAdvertisementGrimes is suing Elon Musk and asking for physical custody of the three children they share, according to court records obtained by Insider. Grimes, whose legal name is Claire Boucher, is seeking physical custody of her and Musk's kids — 3-year-old X and 1-year-olds Exa and Tau — as well as joint legal custody. Grimes' lawsuit also requests that Musk's suit be thrown out. Differentiating legal custody and physical custody allows parents to share decision-making and rights of access to the kids without an equal custody split, Davis said.
Persons: Grimes, Elon Musk's, Musk, , Elon Musk, Claire Boucher, Tau —, Neama, Holly Davis, Kirker Davis, Davis, Recep Tayyip Erdoğan, We're, Shivon Zilis, Walter Isaacson, Zilis Organizations: Service, San Francisco Superior Court, San Francisco, West, SpaceX Locations: California, Los Angeles, Texas, Turkey, New York
Grimes filed a custody suit against Elon Musk in San Francisco late last month. But Insider learned Musk sued Grimes first, to "establish the parent-child relationship" with his kids. AdvertisementAdvertisementHeadlines around the world announced this week that Grimes had sued Elon Musk for custody of their three children, but it was Musk himself who first quietly sued Grimes last month, Insider has learned. In filings obtained by Insider, Musk said he wanted to "establish the parent-child relationship" with his and Grimes' children X, who is 3, and one-year-olds Exa (or Y) and Tau. Musk and Grimes have had a contentious relationshipIt's just the latest dust-up over the Musk children between Musk and Grimes, the musician with whom he's been in an on-again, off-again relationship since 2018.
Persons: Grimes, Elon Musk, Musk, , X, Claire Boucher, weren't, It's, he's, Elon, Shivon Zilis, Walter Isaacson, Zilis, surrogates, she'd Organizations: Elon, Service, Lawyers, Musk, SpaceX Locations: San Francisco, California, Texas, Austin, Grimes
The Securities and Exchange Commission said Thursday it is seeking a court order that would compel Elon Musk to testify as part of an investigation into his purchase of Twitter, now called X. But “two days before his scheduled testimony, Musk abruptly notified the SEC staff that he would not appear,” said the agency’s filing. “Musk attempted to justify his refusal to comply with the subpoena by raising, for the first time, several spurious objections, including an objection to San Francisco as an appropriate testimony location.”X is based in San Francisco. The SEC said on Sept. 24, Musk’s lawyers responded by saying Musk would not appear for testimony in any location. A hearing on the matter is tentatively scheduled for Nov. 9 in San Francisco.
Persons: Elon Musk, Musk, , “ Musk, San, Alex Spiro, Andrew Carter, Musk's, Carter, Walter Isaacson Organizations: Securities, Exchange Commission, Twitter, SEC, District Locations: San Francisco federal, San Francisco, New York, Oklahoma, U.S, Fort Worth , Texas,
The filing Thursday in San Francisco federal court seeks a judge’s order requiring Musk to testify, alleging “blatant refusal to comply” with an earlier SEC subpoena. Musk testified twice as part of the SEC’s investigation in July 2022, according to the agency. The SEC served Musk with a subpoena to testify again in the matter in May 2023, according to the court filing. The current subpoena at issue seeks evidence and testimony from Musk that the SEC does not yet possess, the agency said. The SEC attempted to negotiate with Musk to find alternative dates later this fall, according to court documents.
Persons: Elon Musk, Musk, , , Alex Spiro, , Spiro, Walter Isaacson’s Organizations: New, New York CNN, US Securities and Exchange Commission, Twitter, SEC, Inc Locations: New York, San Francisco federal
SEC sues to force Elon Musk to testify in Twitter probe
  + stars: | 2023-10-05 | by ( Jonathan Vanian | ) www.cnbc.com   time to read: +3 min
The U.S. Securities and Exchange Commission sued Elon Musk on Thursday in an effort to compel the billionaire to testify over his purchase of Twitter last year. "Accordingly, the SEC now asks the Court to compel Musk to appear for investigative testimony." Alex Spiro, Elon Musk's attorney, said in a statement about that "the SEC has already taken Mr. Musk's testimony multiple times in this misguided investigation—enough is enough." A hearing on the filing is scheduled to take place on Nov. 9, according to the legal filing. Read the full legal filing below:
Persons: Elon Musk, Musk, Alex Spiro, Elon, San, Walter Isaacson Organizations: U.S . Securities, Exchange Commission, Twitter, SEC, Northern District of Locations: Northern District, Northern District of California, Fort Worth , Texas, Austin, San Francisco
The SEC is investigating Elon Musk's initial investment in Twitter and his eventual takeover. "The SEC seeks Musk's testimony to obtain information not already in the SEC's possession that is relevant to its lawful investigation," the agency said. "The SEC has followed all appropriate administrative steps required in seeking Musk's testimony. Musk's lawyer, Alex Spiro, told Insider: "The SEC has already taken Mr. Musk's testimony multiple times in this misguided investigation — enough is enough." AdvertisementAdvertisement'Spurious objections'"Instead, two days before his scheduled testimony, Musk abruptly notified the SEC staff that he would not appear," the SEC said.
Persons: Elon, Musk, Alex Spiro, , it's, Musk's, San, Elon Musk, Walter Isaacson Organizations: SEC, Twitter, eventual, Service, Securities and Exchange Commission Locations: California, San Francisco
The singer, whose legal name is Claire Boucher, has three children with Elon Musk. Last month, Grimes accused Musk of keeping her son from her in a since-deleted social media post. AdvertisementAdvertisementGrimes is suing Elon Musk over a matter involving one or more of their children. Grimes and Zilis later took to social media to say they were no longer feuding. Musk has 10 known living children.
Persons: Grimes, Claire Boucher, Elon Musk, Musk, , aren't, Walter Isaacson, Elon, " Isaacson, Zilis Organizations: Elon, Service, San Francisco, SpaceX Locations: Superior, San Francisco, Grimes
Errol Musk, Elon Musk's dad, said he turned down his son's offer to send a Tesla to South Africa. In January 2022, Errol Musk turned down his son's offer to gift him a Tesla and ship it to his home in South Africa, he told Insider. South Africa charges a 25% tariff on automotive imports. While Tesla has begun selling its EVs in Europe and China, the vehicles are not for sale in South Africa. "You go to Austin and every time you turn around you're at a Tesla charging station."
Persons: Errol Musk, Elon Musk's, Errol, , Elon, doesn't, it's, Elon wasn't, Tesla, Winstone Jordaan, It's, Ryan, I've, Kimbal, Walter Isaacson's, Royce Corniche, he's, Isaacson, he'd, I'm Organizations: Royce, Service, Auto Transport, Plaid, Elon, Tesla Locations: South Africa, Europe, China, Austin, North America, Florida
Elon Musk played "Diablo IV" on Sunday night as he tested X's live streaming feature. AdvertisementAdvertisementElon Musk showed off X's new feature to live stream video games as he played "Diablo IV" from an account called "cyb3rgam3r420." According to Walter Isaacson's biography, Musk played "Elden Ring" until 5:30 a.m. after he decided to buy Twitter. "This is not bad for a little test," Musk said. AdvertisementAdvertisementMusk streamed from a newly created test account called "cyb3rgam3r420."
Persons: Elon Musk, Shivon, , Musk, lRUO0Rlix5 — Elon, Walter Isaacson's, Shivon Zilis, It's Organizations: Service, Twitter, Razer
Errol Musk said he'd be open to having more children if he could find a woman under the age of 35. Much like his son Elon Musk — who has 10 known living children — Errol Musk told Insider he believes people need to have more children and said he'd consider having more kids. "Men are all the same," Errol Musk told Insider. So if a woman came along who was able to have children, she'd have to be under 35 because a woman's cutoff for having children is 35, believe it or not." AdvertisementAdvertisementLast year, Errol Musk told Insider he thinks Elon Musk should have more children.
Persons: Errol Musk, Elon Musk's, he'd, , isn't, Elon Musk, we're, Maye Musk, Heide Bezuidenhout, Jana Bezuidenhout, Jana, Walter Isaacson, Tesla, Errol, Elon, Isaacson Organizations: Service, Elon, American College of Obstetricians, US Centers for Disease Control Locations: Jana
Black leather jackets are a well-known staple in Nvidia CEO Jensen Huang's wardrobe. Online sellers are using his name and image in listings for lookalike leather jackets. AdvertisementAdvertisementNvidia CEO Jensen Huang is known for his signature black leather jackets — he's rarely seen in public without one. A Wilson Jackets product page titled "Jensen Huang Nvidia CEO Leather Jacket" offers faux and real leather lookalikes. AdvertisementAdvertisementA screenshot of a black leather jacket from Theory.
Persons: Jensen, Steve Jobs, Mark Zuckerberg, Huang, , Jensen Huang, hoover, Huang isn't, Issey Miyake, Walter Isaacson's, Jobs, Zuckerberg, isn't, Joseph Rosenfeld, Tom Ford, Rosenfeld Organizations: Nvidia, Service, Google, Bloomberg, Wilson Jackets, Apple, Walmart, Meta's Connect, New York Times, Times Locations: Taiwan
X CEO Linda Yaccarino slammed questions on whether she's running the company as "not nice." The X CEO took the stage shortly after an ex-Twitter staffer spoke on his negative experience at the company. AdvertisementAdvertisementX CEO Linda Yaccarino slammed claims she's watching Elon Musk run the social media company from the sidelines in an openly tense dialogue about working with the famously controlling billionaire. I don't care what the structure is at Meta, but who wouldn't want Elon Musk sitting by their side running product?" Before joining X, Yaccarino served as chairman of advertising sales and client partnerships at NBCUniversal.
Persons: Linda Yaccarino, Elon Musk, , she's, Yaccarino, CNBC's Julia Boorstin, Boorstin, Mark Zuckerberg, Walter Isaacson, Tesla, Martin Eberhard, Tim Higgins, he's, Elon, Kara Swisher's, Yoel Roth, Swisher . Roth, Musk, Insider's Kali Hays, Lara O'Reilly Organizations: Twitter, Service, Vox's, Meta Locations: Meta, NBCUniversal
Walter Isaacson still believes Elon Musk chose "the right person" in Linda Yaccarino to be X's CEO. The Musk biographer acknowledged the CEO's rocky interview at Code Conference was "not a pretty sight." AdvertisementAdvertisementElon Musk's biographer is still confident in the billionaire's choice to name Linda Yaccarino the CEO of X, formerly known as Twitter — despite a rocky interview at Vox Media's Code Conference. X CEO seemed unsure at times, played defense during interviewYaccarino's appearance at Vox's Code Conference on Wednesday quickly became the talk of X — with her performance drawing scrutiny and criticism. The X CEO decided to go on after his interview for the chance to get the last word in, according to Swisher.
Persons: Walter Isaacson, Elon Musk, Linda Yaccarino, Isaacson, Yaccarino, , Elon, I'm, Yoel Roth, Roth, Musk, Kara Swisher, Swisher, Julia Boorstin, Mark Zuckerberg, Boorstin, Insider's Bergman Organizations: Twitter, Service, Economic, of New, Code, Vox's, Wednesday, CNBC, Meta Locations: NBCUniversal, of New York, Miami, Swisher, Meta
X CEO Linda Yaccarino says she is yet to see Elon Musk in "demon mode"Musk's "demon mode" is described by his biographer as a state "with a real lack of empathy." AdvertisementAdvertisementX CEO Linda Yaccarino says she's yet to see Elon Musk in "demon mode." Musk's "demon mode" is described by his biographer Walter Isaacson as a state that is productive but "dark" and lacking in empathy. AdvertisementAdvertisementIsaacson said when the billionaire was in "demon mode" he would "go dark" and he'd know Musk was "just going to rip that person apart." The audience at one point when the X CEO said: "Who wouldn't want Elon Musk sitting by their side running product?"
Persons: Linda Yaccarino, Walter Isaacson, Grimes, , Yaccarino, CNBC's Julia Boorstin, Isaacson, " Isaacson, Elon Musk, Yoel Roth, Twitter's Organizations: Elon, Service, Vox's, Twitter
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalter Isaacson: The UAW strike is about legacy automakers figuring out the transition to EVsWalter Isaacson, Elon Musk biographer and partner at Perella Weinberg, joins 'Squawk Box' to discuss the state of the UAW strike, the impact of the strike on the auto industry at large, and more.
Persons: Walter Isaacson, EVs Walter Isaacson, Elon Musk, Perella Weinberg Organizations: UAW
I’ve read and watched many stories about the most heralded business leaders of the past few centuries. I’m not immune to the inherent drama of an arrogant rise, a spectacular fall or both. (For example, harassing job interviewees, firing people in front of crowds, attacking former employees of companies they purchased. Isaacson puts innovation first: This man might be a monster, but look at what he built! Whereas Mary Shelley, for instance, put innovation second: The man who built this is a monster!
Persons: I’ve, Walter Isaacson’s, Steve Jobs, Elon Musk, Aaron Sorkin’s, Jobs, Mark Zuckerberg, Jill Lepore, Isaacson’s, Isaacson, Franklin, Einstein, Leonardo da Vinci, Mary Shelley, Marisa Meltzer’s, Emily Weiss’s Glossier, , Meltzer, clichés, valorizes Weiss, Weiss, underling, Lauren Conrad, Whitney Port, Hunter Harris Organizations: The Times Locations:
Errol Musk told Insider he isn't happy with what he's heard about the new biography on his son. AdvertisementAdvertisementErrol Musk isn't happy with Walter Isaacson's recent biography about his son, Elon Musk. Isaacson's biography on Elon Musk is filled with accounts of incidents where the Tesla CEO and other family members claim Errol Musk bullied and demeaned Elon. In the book, Isaacson wrote that Elon Musk and his brother Kimbal Musk have cut off communication with their father — an assertion Errol Musk denies. Isaacson, Elon Musk, and Kimbal Musk did not respond to a request for comment ahead of publication.
Persons: Errol Musk, he's, Elon Musk's, , Errol Musk isn't, Walter Isaacson's, Elon Musk, demeaned Elon, Isaacson, Errol, Vader, Elon's Luke Skywalker, Elon, Errol Musk's, Cyrus McCrimmon, doesn't, he'd, Pip, Oliver Twist, Charles Dickens, Dr, Jekyll, Hyde, it's, Stone, Jana Bezuidenhout, I'm, Kimbal, , we'd, Joel Saget, Chris Saucedo, " Isaacson, Kimbal Musk, Bill Gates, Elon wouldn't Organizations: Service, Elon, Denver, AFP, Microsoft Locations: South Africa, Florida
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