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☆ Peter Thiel's 'contrarian' election prediction came true
▼ + stars: | 2024-11-07 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Peter Thiel made a "contrarian" prediction that the election wouldn't be close. Thiel has a history of making contrarian bets in his investments and business ventures. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIn September, conservative tech billionaire Peter Thiel made what he acknowledged was an unusual prediction about the 2024 election. My one contrarian view on the election is that it's not going to be close," Thiel said in September at an appearance at the All In Summit in Los Angeles.

Persons: Peter Thiel, Thiel, —, it's, aren't, Kamala Harris, Donald Trump, Kamala, Trump, Sen, JD Vance, Blake Masters — Thiel, Elon Musk Organizations: Trump, Service, PayPal, Trump voters, Democratic, Republican Locations: Los Angeles, Ohio, Trump

☆ Peter Thiel predicts the 2024 election won't be close: 'One side is simply going to collapse'
▼ + stars: | 2024-09-16 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Read previewPeter Thiel, the right-wing tech billionaire who's known for his contrarian views, is making another unusual prediction: The 2024 election won't be close. But he also argued that the last two presidential elections may have been historical aberrations in terms of how close they were. You know, most presidential elections aren't," Theil said. He went on to claim that if the election is indeed close, Harris and Democrats will "cheat" via ballot harvesting and election rule changes. When pressed on how he would change US elections, Thiel said he'd prefer to see just one day of voting, "practically no" absentee ballots, and stronger voter ID laws.

Persons: —, Peter Thiel, who's, Thiel, Donald Trump, Kamala Harris, Trump, it's, Theil, — JD Vance, Blake Masters, Vance, that's, I've, Harris, he'd Organizations: Service, Business, Trump voters, Trump Locations: Ohio, Arizona

☆ Tesla needs to figure out how to sell cars. Its salespeople say it's stuck in the past.
▼ + stars: | 2024-08-01 | by ( Grace Kay | ) www.businessinsider.com time to read: +10 min

The company's sales team has been struggling to adapt to a much different market, according to 14 current and former employees from Tesla's sales division in North America. The carmaker is also attempting to fix a spate of bad publicity surrounding its CEO, Elon Musk — all with little in the way of advertising initiatives or traditional sales strategies. The electric-car maker made its mark by breaking industry standards with its ad-free, direct-to-consumer sales model. Now, some of Tesla's sales staff believe it's time for the company to begin acting like a traditional automaker. Musk has been vague about when a new, more economically priced Tesla model would hit the market, saying only that it could happen in 2025.

Persons: —, Tesla, Elon Musk, What's, Musk, shouldn't, Tesla backpedaled, Brian Moody, Autotrader Organizations: Service, US EV, Business, Tesla Locations: North America

☆ Chinese millennials and Gen Zers have had enough of work, so they're embracing 'naked resignations'
▼ + stars: | 2024-07-06 | by ( Alexandra Bacon | Cheryl Teh | ) www.businessinsider.com time to read: +9 min

Advertisement'Naked resignation'One popular phrase on Chinese social media is "两点一线," which translates to "two points, one line." And discussion is rife on Chinese social media about 裸辞 — a term that translates, quite literally, to "naked resignation." Examples seen in BI's search of the keyword included "how much to save before naked resignation," "three things to consider before naked resignation," and "20 jobs to try after naked resignation." Advertisement"There are articles on Chinese social media criticizing gap years," she said, "arguing that it is a Western concept that does not adapt well to Chinese society." "There's a popular internet buzzword among Chinese young people, "Gai溜子," which can be roughly translated to "drifter" on the street," Lim added.

Persons: —, Jack Porteous, Tong, Porteous, aren't, Laurence Lim, Sally Maier, Yip, Qilai Shen, Lim, It's, Jack Ma, Qu Jing, Jenny Chan, Gen, Gai 溜 Organizations: Service, Business, Tong Global, Twitter, Publishing, Getty, Cherry, Consulting, Pictures, National Bureau of Statistics, Baidu, Hong Kong Polytechnic University Locations: China, Weibo, Xiaohongshu, Europe

☆ 'Unbossing' the workplace could make Gen Zers better at their jobs, hiring experts say
▼ + stars: | 2024-06-03 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

Read previewThe great unbossing is underway, with companies cutting middle management positions. Cost cutting, Gen Z's distaste for management , remote working, and increased pressure on performance are all factors in why middle managers are finding their jobs are most at risk during layoffs. She said that not having a micromanager picking apart their work could benefit Gen Zers who don't feel they need to be "spoon-fed." Doing it rightThose who are skeptical of companies axing middle managers say it could mean junior staff won't receive the mentorship needed to climb the ladder. Camberato said staffers of all generations, from Boomers to Gen Zers, need to evolve, "especially as technology advances."

Persons: —, Sophie O'Brien, O'Brien, Zers, micromanagers, they'll, We're, Catherine Rymsha, The University of Massachusetts Lowell, Rymsha, Joe Camberato, Camberato, Gen Zers Organizations: Service, Business, The University of Massachusetts, Business Capital, Boomers

☆ How a store manager from India ended up killed on the battlefields of Ukraine fighting for Russia
▼ + stars: | 2024-04-19 | by ( Vedika Sud | Brad Lendon | ) edition.cnn.com time to read: +10 min

“I saw holes on the back of his shoulder, his ribs right down till his lower back,” Imran told CNN. “He was going to work as a taxi driver or delivery boy in Russia – that process was on,” Imran said. Meanwhile, India, which has no law preventing its citizens from serving in a foreign state’s military, has acknowledged that a number of its nationals have been fighting for Russia in Ukraine. In early March, India’s Central Bureau of Investigation (CBI) said it had busted major human trafficking networks that were duping men into Russian military jobs, with 35 such cases identified. Asfran Mohammed, right, and his brother Imran are pictured with Asran's children before Asfran left for Russia.

Persons: New Delhi CNN —, Asfan Mohammed, he’d, Imran Mohammad, Vladimir Putin’s, “, ” Imran, Imran, ”, Asfan, Putin, Allen, He’d, Asfran, Mohammed Imran, Inna Varenytsia, Bimala Rai Paudyal, I’d, who’d, Asfran Mohammed, Mohammed Imran “, I’ve Organizations: New, New Delhi CNN, CNN, Russian, ”, United Arab Emirates, Reuters Foreign, Kremlin, Indian Ministry, External Affairs, India’s, Bureau of Investigation, Indian Nationals, CBI, Asfan, Indian, Indian Embassy Locations: New Delhi, India, Russia, Russian, Ukraine, Hyderabad, “, Australia, Moscow, Ukrainian, Kreminna, South Asia, Nepal

☆ South Africa crime wave: This cash van guard is just one of the victims
▼ + stars: | 2024-03-27 | by ( David Mckenzie | Sarah Dean | ) edition.cnn.com time to read: +9 min

Johannesburg, South Africa CNN —For South Africans, normality is a sliding scale. In October, a heavily armed gang blocked off one of the busiest highways near Johannesburg as it blew up a cash-in-transit vehicle – a security van carrying cash. Cash-in-transit, or CIT, heists are one of the most dramatic illustrations of a crime wave that has shocked even the most hardened South Africans. His argument is not entirely factual: crime affects South Africans from all walks of life, not just those earning a comfortable living. The South African police minister, Bheki Cele, recently highlighted what he called the successes of the Crime Intelligence division in tackling organized crime and rooting out corruption within the ranks of the force.

Persons: Nelson Mandela, ”, Byron Blunt, Ngwenya, —, “, Petrus Mthembu, SAPS, Athlenda Mathe, Bheki Cele, Joe van der Walt, Esa Alexander, Gareth Newham, What’s Organizations: South Africa CNN, heists, CIT heists, National Congress, ANC, CNN, “, CIT, Motor Transport Workers Union, South African Police Service, Reuters, Hawks, AK, South, Crime Intelligence, Focus Group, ” Police, Town, Private Security Industry Regulatory Authority, Institute for Security Studies Locations: Johannesburg, South Africa, Africa, R350,000, Makhado, Limpopo, Cape Town , South Africa

☆ 5 ways to get out of a fitness rut
▼ + stars: | 2024-03-08 | by ( Dana Santas | ) edition.cnn.com time to read: +7 min

At some point in most people’s fitness journeys, they hit a plateau — progress stalls and motivation wanes. Monitoring your exercise activity with a wearable device or a fitness journal can help you recognize markers of your progress. By monitoring your workouts using a fitness journal, smartphone app or wearable device, you can start recognizing indicators of your success. Remember, hitting a fitness plateau rarely means you aren’t doing enough; it’s a natural part of the journey. Leveraging the strategies above, you can break free from stagnation, reignite your passion for fitness and get back on the road to your fitness goals.

Persons: Dana Santas, you’re, George T, Doran Organizations: Pain, CNN, CNN’s

☆ 25-year-old tried 23 side hustles before launching a company that brings in $354,000 a month—his No. 1 piece of advice
▼ + stars: | 2023-08-28 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

The platform, which Schwartz describes as "Etsy for software products," currently brings in roughly $354,000 per month, according to a CNBC Make It estimate. "You want to really orient yourself around a real problem that needs to be solved," Schwartz, 25, tells Make It. During high school, he and Zoub built sneaker bots, or pieces of software that nabbed limited-edition shoes faster than people who manually clicked "buy now." The company clearly solved a problem, but the co-founders didn't find the work creatively fulfilling. It solved a safety problem: Zoub patrolled online forums where people sold software, and found them rife with scammers and rip-off artists.

Persons: Steven Schwartz, Cameron Zoub, Schwartz, Jack Sharkey —, Mark Cuban, Cuban, Todd Wagner, Zoub, didn't, Whop, it's, Warren Buffett Organizations: Tesla, CNBC, Indiana University, Yahoo Locations: Whop

☆ 'Loud laborers,' the irritating cousins of quiet quitters, may be affecting morale at work
▼ + stars: | 2023-08-09 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

"Loud laborers" have been dubbed the noisier cousins of quiet quitters. You may be working with "loud laborers." "Loud laborers" have been dubbed the noisier cousins of quiet quitters, workers who refuse to bend to the level of overworking expected in corporate America. More recently, Nicole Price, a leadership coach and workplace expert, also discussed "loud laborers." She said: "Loud laborers are often quite politically savvy and are very active on professional social networks, where they publicize their tasks and achievements."

Persons: André Spicer, Spicer, Nicole Price, Price Organizations: CNBC, Service, Bayes Business, The Guardian, Guardian, Workers Locations: Wall, Silicon, America

☆ 'Loud laboring' and 'quiet thriving' rank among the buzziest workplace trends. Here's what you should know.
▼ + stars: | 2023-08-09 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Quiet quitters and grumpy stayers grabbed headlines, but other workplace trends are gaining steam. More recently, "quiet thrivers" and "loud laborers" have been enjoying their time in the spotlight. Now, new trends such as "quiet thriving," "loud laboring," and "lazy girl jobs" are picking up steam. 'Loud laboring'"Loud laborers" sit among quiet quitters and grumpy stayers in modern workplaces. Dubbed the noisier cousin of quiet quitters, you are more likely to find "loud laborers" discussing their work rather than actually getting on with it.

Persons: stayers, Lesley Alderman, Insider's Sawdah Bhaimiya, Alderman, it's, demotivated, Nicole Price, TikToker Gabrielle Judge, Marc Cenedella Organizations: Service, LinkedIn, CNBC Locations: Wall, Silicon, Washington

☆ Robinhood’s stock awards tell a cautionary fable
▼ + stars: | 2023-02-22 | by ( John Foley | ) www.reuters.com time to read: +7 min

The now-abandoned payouts to Tenev and Bhatt were a slab of “market-based restricted stock units” distributed ahead of Robinhood’s initial public offering in July 2021. The system works in reverse, too, however: When executives give back stock awards, the company gains nothing in cash terms. U.S. accounting rules treat stock awards geared to a company’s stock price as a gift that cannot be returned. In short, by handing back their awards, Robinhood’s founders have neither robbed from themselves, nor given to anyone else. Even without this unhappy effect on earnings, shareholders should be wary of the kinds of awards Robinhood doled out at its public company debut.

☆ A real estate investor who owns over 1,000 units explains how he was able to officially retire at age 36 by 'reverse engineering' his financial freedom
▼ + stars: | 2023-02-19 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +12 min

He was able to achieve this feat by "reverse engineering" his financial freedom. In fact, he attributes much of his success today as a real estate investor to setting "audacious" goals for himself — and achieving them by whatever means necessary. To Allred, achieving true financial freedom meant having enough recurring passive income to entirely cover his family's cost of living. At that time, he decided to officially retire from door-to-door sales and go into real estate full-time. Continuing to grow his real estate fundAround 2015, Allred also began getting involved in real estate syndications.

☆ Elon Musk has waged war on Apple, claiming the tech giant "hates free speech"
▼ + stars: | 2022-11-29 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

From Elon Musk's war with Apple to the rise and fall of a pharmacy startup, it's a packed edition. Elon Musk is going to war with Apple. The world's wealthiest man slammed the world's biggest tech company, questioning if Apple "hates free speech" and suggesting that it's threatening Twitter's presence in the App Store. According to a book, Cook swore at Musk after he asked to be the CEO of Apple. According to career site Indeed, tech companies Intuit, Google, and Apple offer the most flexibility in terms of where and when employees are expected to work.

☆ What derails Elon Musk's Twitter experiment might not be legislators or users, but exhausted employees rebelling against hustle culture
▼ + stars: | 2022-11-19 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Elon Musk recently told employees that "bankruptcy isn't out of the question." A workplace culture expert says "exhausted" employees responding to Musk's management style may ultimately derail the company. The email has reportedly spurred a "mass exodus" of Twitter employees, a former Twitter executive told CNN, with many deciding to leave the company once and for all. Musk recently told employees the "economic picture ahead is dire" and that "bankruptcy isn't out of the question." Still, even though many disgruntled Twitter employees have quit, Moss says some are likely to stick around.

☆ Resentment is mounting as some employees are forced back to the office and some are allowed to work from home
▼ + stars: | 2022-11-01 | by ( Samantha Delouya | Avery Hartmans | ) www.businessinsider.com time to read: +5 min

Some workers are being forced to return to the office while others are allowed to stay home. "If you're offering two different types of employees different access to work, you potentially create an issue of equity," said Thomas Roulet, an associate professor of organizational theory at the University of Cambridge. To be sure, not all workplaces unevenly apply in-person work requirements: Some allow workers the choice of returning to the office and, if so, how often. Why are some employees allowed to work from home while others are required to come into the office? "Companies are experimenting to see if something works, and many employees need to be just as flexible in giving it a shot," she said.

Whether Mozambique and its allies can stamp out the insurgency altogether is a question that has global repercussions as countries hunt for new sources of liquefied natural gas (LNG). Mozambique has huge natural gas reserves which, if managed effectively, could transform its fortunes. With already more than 100 trillion cubic feet of proven offshore natural gas reserves, one industry insider likened its future potential equal to Russia – a natural gas giant. The Mozambican forces, as had happened multiple times in smaller towns, were unable to stop them. Fighting between the terrorist group and the Mozambican army and Rwandan Security forces has left its mark on the town.

☆ America's Overachievers Are Finally Leaning Back
▼ + stars: | 2022-03-02 | by ( Aki Ito | ) www.businessinsider.com time to read: +13 min

Today, Justin is working the least he ever has: 40 hours a week. But what these executives are missing is that some employees don't want to pal around with their coworkers. In peak hustle culture, work was where we expected to find everything we needed to live the good life: joy, purpose, community. Then he started billing for 40 hours a week of labor that often took him only a few hours to complete. But after nine months of leaning back, a solid 40 hours is starting to look pretty attractive.

☆ If companies want to get the best out of people, they should help them leave in 2 years, a CEO argues
▼ + stars: | 2021-12-21 | by ( Barry Lowenthal | ) www.businessinsider.com time to read: +4 min

Most people no longer want to stay in a job forever, writes Media Kitchen CEO Barry Lowenthal. Let's develop a plan to turnover the workforce every two years — or 730 days — he argues. As the world of work changes, so should how we think about job longevity. Instead, give us your best 730 days and in return we'll make you extremely marketable and able to leave to do other amazing things. Give us 730 days and we promise that you'll become extremely marketable.

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