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☆ LinkedIn's 'Open to Work' tag is the 'biggest red flag' for hiring managers and screams 'desperation,' says ex-Google recruiter
▼ + stars: | 2023-11-02 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

A former Google recruiter says LinkedIn's "Open to Work" tag is a "red flag" for hiring managers. AdvertisementAdvertisementA former Google recruiter said LinkedIn's "Open to Work" tag is the "biggest red flag" to hiring managers because it suggests "desperation". LinkedIn users can add the Open to Work badge to their profiles by clicking their profile picture and then frames to choose the badge. AdvertisementAdvertisementChurch doubled down on his comments in a post on X and said: "The worst social media feature ever pushed to production is LinkedIn's 'Open to Work' badge." "That's why, instead of broadcasting your status as 'open to work,' it's much more effective to select the non-public option that tells recruiters you're open to work."

Persons: LinkedIn's, Nolan Church, Brianna Rooney, —, aren't, Rooney, BuiltIn, TalentPerch didn't Organizations: Google, Service, CNBC, Continuum

☆ Intel, Salesforce and Cisco are giving cash payments to workers in Israel amid the war with Hamas, report says
▼ + stars: | 2023-11-01 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Tech giants including Intel, Salesforce and Cisco are giving cash payments to employees in Israel. AdvertisementAdvertisementSeveral big tech firms are giving cash payments to employees in Israel to help support them amid the conflict with Hamas. Intel plans to give $5,000 to each of its 12,000 workers in Israel in November, business news outlet Globes reported . Gelsinger also told workers in the memo that their efforts to continue working and support colleagues who haven't been able to "has not gone unnoticed." Cisco is also providing a grant of between 9,500 and 19,000 ($2,355 to $4,710) to 800 workers in Israel, tech news site Ctech reported.

Persons: Pat Gelsinger, they'd, —, Gelsinger, haven't, Jenseng Huang, Cisco didn't Organizations: Tech, Intel, Cisco, Globes, Nvidia, Israel, Service, Hamas Locations: Israel, Nazareth, Petah Tikva, Tel Aviv, Gaza

☆ Meta continues to burn through cash for its flailing metaverse and VR project, which lost $3.7 billion in the 3rd quarter
▼ + stars: | 2023-10-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Meta's Reality Labs division lost $3.7 billion in the third quarter. Meta said Reality Labs' revenue was down 26% this quarter, but it's still a "major long-term focus." Meta posted its third-quarter earnings report on Wednesday, which showed that Reality Labs lost $3.7 billion, the same amount as the previous quarter. Reality Labs is responsible for Meta's VR and metaverse push. It seems that Zuckerberg is exercising patience in seeing whether Reality Labs can reach profitability.

Persons: Meta, it's, —, Zuckerberg, Susan Li, they'd, Meta didn't Organizations: Reality Labs, Labs, Service, Meta, VR, Reuters, Staff

☆ Web Summit CEO Paddy Cosgrave steps down in wake of controversy over his Israel comments
▼ + stars: | 2023-10-21 | by ( Lakshmi Varanasi | Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Paddy Cosgrave, the CEO of Web Summit, announced Saturday he's stepping down immediately. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementPaddy Cosgrave, the CEO of Web Summit, said Saturday he was resigning with immediate effect. The conference — one of Europe's biggest tech events — is to take place November 13 to 16 in Lisbon, with 70,000 delegates, a Web Summit spokesperson previously told Insider. A representative said a new CEO would be appointed as soon as possible and that the conference would proceed as planned.

Persons: Paddy Cosgrave, Cosgrave, — Organizations: Web Summit, Service, Web, Intel, Siemens Locations: Israel, Geneva, Lisbon

☆ Sponsors are backing out of the tech conference Web Summit after backlash over the founder's comments on Israel
▼ + stars: | 2023-10-19 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Major tech giants Intel and Siemens have pulled out as sponsors of the Web Summit conference. Siemens told Insider that it's not attending due to "recent developments surrounding Web Summit." AdvertisementAdvertisementIntel and Siemens are pulling out as sponsors of Web Summit after its CEO and cofounder, Paddy Cosgrave, criticized the West's support for Israel, the companies confirmed to Insider. The multinational companies told Insider they're withdrawing from the European tech conference, which is set to take place in Lisbon next month. "Following recent developments surrounding Web Summit, we have reviewed the situation and determined that Siemens will not to attend in 2023," German tech firm Siemens told Insider in a statement Thursday.

Persons: it's, —, Paddy Cosgrave, I'm, Cosgrave Organizations: Intel, Siemens, Web, Service, Israel Locations: Israel, Lisbon

☆ Meet Archax, the 15-foot 'Transformers'-style robot that's the brainchild of a Japanese startup and is selling for $3 million
▼ + stars: | 2023-10-18 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Tsubame Industries has built 3.5-ton, 15-foot robots that can morph into vehicles. The Japanese startup plans to sell them for $3 million each after unveiling them later this month. The robot is manned by a pilot who sits in the cockpit in its torso and controls it with joysticks. Tokyo-based Tsubame Industries completed its prototype of the robot this summer and plans to sell five for $3 million each, Reuters reported. The CEO of Tsubame Industries, Ryo Yoshida, told Reuters that it's been in development for two years.

Persons: —, Ryo Yoshida, it's Organizations: Tsubame Industries, Service, Reuters, Japan Mobility Locations: Tokyo, Japan

☆ CEO apologizes for Israel remarks after 4 days of backlash and conference dropouts
▼ + stars: | 2023-10-17 | by ( Hasan Chowdhury | Jyoti Mann | ) www.businessinsider.com time to read: +5 min

The founder of tech conference Web Summit apologized for "profound hurt" over his Israel remarks. AdvertisementAdvertisementThe founder of European tech conference Web Summit has apologized for the "profound hurt" caused by his comments criticizing the West's support for Israel, which triggered several high-profile withdrawals from the event. AdvertisementAdvertisementGil Dibner, general partner at Angular Ventures, said it was "a time that calls for moral clarity" after canceling his speaking engagement at Web Summit. Dropouts increased, and within 24 hours the number of Israel-based speakers at Web Summit dropped from at least five to zero, according to Insider analysis. Other speakers lined up for Web Summit include Meta's Nick Clegg, as well as comedian Amy Poehler and actor Joseph Gordon-Levitt.

Persons: Israel, Paddy Cosgrave, —, I'm, Garry Tan, Ravi Gupta, Cosgrave, State Anthony Blinken, Moshiel Biton, hadn't, Biton, Gil Dibner, Nick Clegg, Amy Poehler, Joseph Gordon, Levitt, Benjamin Netanyahu Organizations: Service, Israel, Sequoia Capital, State, Web, Angular Ventures, Web Summit, Hamas, West Bank Locations: Gaza, Hamas, Lisbon, Portugal, Israel

☆ LinkedIn employees discovered a mysterious list of around 500 names over the weekend. On Monday, workers said those on the list were laid off.
▼ + stars: | 2023-10-16 | by ( Grace Kay | Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Some workers at LinkedIn found their names on an internal list a day before they were laid off. Two workers told Insider the list caused a stir as workers tried to figure out if they were on it. AdvertisementAdvertisementSome LinkedIn workers worried they were about to be laid off after a mysterious internal list of about 500 employees was discovered to be accessible by anyone at the company. Hours later, workers who had seen their name on the list had their worst fears confirmed — they were laid off, two LinkedIn workers told Insider. "I was getting texts from everybody, all my friends," one of the LinkedIn workers told Insider.

Persons: —, We've, jmann@insider.com Organizations: LinkedIn, Service, ETA, Staff

☆ A Tesla owner says his 'heart missed a beat' when he received a $21,000 bill after the battery was damaged by rain
▼ + stars: | 2023-10-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

One of the owners, Johnny Bacigalupo, told Edinburgh Live the bill was "absolutely obscene." When I first got the call, I thought we would get a bill for £500 or £1,000," Bacigalupo told Edinburgh Live. Power quoted Elon Musk saying in 2019 that it could cost $5,000 to $10,000 to replace a Tesla battery but added that the figures were different in 2023. Recurrent, which reports on EV battery health, said battery replacement could cost anywhere from $5,000 to $20,000. I was flabbergasted and couldn't really find my words," Bacigalupo told Edinburgh Live, adding that he asked the Tesla representative how the couple was at fault.

Persons: Tesla, Johnny Bacigalupo, —, Rob Hussey, Bacigalupo, Power, Elon Musk, Hussey, couldn't, Mario Zelaya, Zelaya Organizations: Edinburgh, Service, Scottish, Tesla Edinburgh, Fox Business Locations: Canadian, Europe

☆ Read the email LinkedIn sent employees announcing more than 600 layoffs across its engineering and product teams
▼ + stars: | 2023-10-16 | by ( Jyoti Mann | Grace Kay | ) www.businessinsider.com time to read: +6 min

LinkedIn told employees in an email Monday that it's cutting more than 600 roles. The professional networking platform said the cuts will be across its engineering and product team. AdvertisementAdvertisementLinkedIn is making further cuts to its workforce and laying off more than 600 employees across its engineering and product team. It also gave a breakdown of where the layoffs would take place and said "137 Engineering management roles" and "38 Product roles" were getting cut. Broken down, there are 137 Engineering management roles and 38 Product roles being reduced.

Persons: —, It's, Ryan Roslansky, Roslansky, we've, jmann@insider.com Organizations: Service, LinkedIn, Staff, CNBC, Google, Microsoft, Meta, Engineering

☆ A Tesla owner says his 'heart missed a beat' when he received a $20,000 bill after the battery was damaged by rain
▼ + stars: | 2023-10-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

One of the owners, Johnny Bacigalupo, told Edinburgh Live that the bill was "absolutely obscene." AdvertisementAdvertisementA Tesla owner said he was "flabbergasted" when he and his partner were hit with a hefty bill to fix their electric vehicle. When I first got the call I thought we would get a bill for £500 or £1,000," Bacigalupo told Edinburgh Live. Elon Musk said in 2019 that it could cost between $5,000 and $10,000 to replace a Tesla battery , J.D. Recurrent, which reports on EV battery health, said battery replacement could cost anywhere from $5,000 to $20,000.

Persons: Johnny Bacigalupo, —, Rob Hussey, Bacigalupo, Elon Musk, Hussey, couldn't, Tesla, Mario Zelaya, Zelaya Organizations: Tesla, Edinburgh, Service, Scottish, Tesla Edinburgh, Fox Business Locations: Canadian, Europe

☆ I'm a product manager at HP in Israel and a volunteer for the border police. This has been the most emotional week of my life.
▼ + stars: | 2023-10-15 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +7 min

He works as a product team manager at HP in Israel and volunteers for the border patrol police. AdvertisementAdvertisementThis is an as-told-to essay based on a conversation with Elad Zmora, a 46-year-old product team manager at HP in Israel. After the siren, we started getting news of what happened at the Supernova trance music festival in the Negev desert. Friends and family started calling us and people were sharing news on WhatsApp. We started getting news last Saturday about Hamas penetrating villages of the Kibbutz and slaughtering people in the streets.

Persons: Elad Zmora, —, I've, that's, who's Organizations: HP, Service, Hamas, Reuters, police, Israel Defence Forces, Management Locations: Israel, Reim, Gaza, It's

☆ A Reuters journalist died after his crew was struck by Israeli artillery
▼ + stars: | 2023-10-13 | by ( Jyoti Mann | Chris Panella | ) www.businessinsider.com time to read: +4 min

Reuters journalist Issam Abdallah died in an artillery strike near the Israel-Lebanon border. The crew were struck while filming a livestream video for Reuters, which has since been removed. AdvertisementAdvertisementA Reuters journalist died following an Israeli artillery strike near the Israel-Lebanon border Friday, a horrific incident captured on video that underscores the dangers to covering the intensifying conflict. The news agency confirmed in a statement that its videographer Issam Abdallah was killed when his crew was struck, a moment seen in a livestream video by Reuters on YouTube. Reuters' journalist Issam Abdallah takes a selfie picture while working in Maras, Turkey, February 11, 2023.

Persons: Issam Abdallah, —, Journalists Thaer Al, Sudani, Maher Nazeh, Issam, QJ0TSxaNHO — Organizations: Reuters, Service, YouTube, Journalists, REUTERS, QJ0TSxaNHO — Reuters, Protect Journalists, Israeli Air Force, IDF Locations: Israel, Lebanon, Maras, Turkey, Gaza

☆ X has been slower to act on the misinformation that's swamped the platform after Elon Musk cut hundreds of trust and safety workers
▼ + stars: | 2023-10-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

False and misleading posts remain on the site, and many don't have Community Notes attached. It comes after Elon Musk cut its trust and safety team from around 230 to 20 full-time employees. "Neither fact-checkers nor Community Notes can keep up with this." "Only 8% had community notes, 26% had unpublished notes, and 66% had neither," he wrote. It added that Community Notes "appear within minutes" of content being shared and are a "critical tool" to help it combat misinformation.

Persons: Elon Musk, —, Shayan Sardarizadeh, Sardarizadeh, Ben Goggin, Insider's Kali Hays, Kali Hays, Linda Yaccarino, X, Linda, didn't Organizations: Service, Hamas, Hamas Terrorists, Twitter, Sunday, NBC News, Tech Locations: Israel, Gaza, paragliders, Egypt, Algeria

☆ An advanced humanoid robot says it can simulate dreams to help it learn about the world
▼ + stars: | 2023-10-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

A humanoid robot known as Ameca says it can simulate dreams to help it become knowledgeable. AdvertisementAdvertisementA humanoid robot said it can "simulate" dreams by conjuring up various scenarios, which helps it learn about the world. AdvertisementAdvertisementFirst revealed publicly in December 2021, the humanoid robot Ameca can also draw, do impressions from movies, and speak multiple languages. Agility Robotics is set to open what it describes as the first humanoid robot factory in Oregon later this year. Last year, NASA signed a partnership with humanoid robot creator Apptronik.

Persons: OpenAI's GPT, Will Jackson, —, Ameca, crouch, Dictador, Mika, Jeff Cardenas Organizations: Service, YouTube, Arts, NASA Locations: Oregon, Rum

☆ Mark Zuckerberg has embraced a 'martial arts view of the world,' says Spotify CEO Daniel Ek
▼ + stars: | 2023-09-27 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg has embraced a "martial arts view of the world," says Spotify CEO Daniel Ek. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementMeta CEO Mark Zuckerberg, who spent the summer getting shredded and talking about a cage fight with Elon Musk, has embraced a "martial arts view of the world." That's according to Spotify CEO Daniel Ek, who discussed the public's perception of Zuckerberg with Forbes in a story published on Tuesday. In August 2022, Zuckerberg spoke about his martial arts journey on an episode of the "The Joe Rogan Experience" podcast, saying he found the sport to be both physically and intellectually engaging.

Persons: Mark Zuckerberg, Daniel Ek . Ek, Zuckerberg, Elon Musk, —, Daniel Ek, Ek, Joe Rogan, Insider's Jyoti Mann, Dan Schulman, Krav Maga, Joanna Pineda Organizations: Forbes, Service, PayPal, Matrix Group, hapkido Locations: California, Meta

☆ I moved from the UK to Canada and work remotely. Tipping and sales tax are the biggest culture shocks.
▼ + stars: | 2023-09-23 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Naomi Robinson, a tech management consultant, moved from the UK to Canada. She swapped London for Toronto, where she now works remotely while on a two-year visa. She broke down the visa process, her biggest cultural shocks, and how to navigate the big changes. I reached out to people on LinkedIn, who I saw had made a similar transition, and sought advice on the visa process, job market, and other crucial aspects of the move. In Toronto, I've discovered the importance of proactivity, putting myself out there, and staying authentic to who I am.

Persons: Naomi Robinson, I've, I'm, Katrin Ray Shumakov Organizations: London, Service, LinkedIn, Canadian, International Experience Canada, CN, IEC Locations: Canada, Toronto, Wall, Silicon, London, Toronto's, Toronto . London

☆ The humanoid robot CEO of a drinks company says she doesn't have weekends and is 'always on 24/7'
▼ + stars: | 2023-09-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

The CEO of Polish drinks company Dictador is an AI-powered humanoid robot who works 7 days a week. The AI boss, named Mika, told Reuters that she doesn't have weekends and is "always on 24/7." Mika told Reuters that she's "always on 24/7" and works seven days a week. Mika was created by Hanson Robotics, the company behind AI robot Sophia, who has garnered attention around the world through dozens of media interviews . Last year, a Chinese gaming firm appointed an "AI-powered virtual humanoid robot" called Tang Yu as the chief executive of its subsidiary, Fujian NetDragon Websoft.

Persons: Mika, Dictador, she's, I'm, Marek Szoldrowski, Sophia, Tang Yu, didn't Organizations: Reuters, Service, Hanson Robotics, Websoft Locations: Wall, Silicon, Fujian

☆ I make the impossible possible for some of America's richest people with an ultra-exclusive concierge app
▼ + stars: | 2023-09-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

He runs the exclusive community and concierge service app Myria. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. I created Myria, a community and concierge for ultra-high-net-worth individuals in 2021. There's a community for members to connect with one another through our app, and there's an access side where they can get off-market luxury experiences. Myria started with the network I've developed over 17 yearsBefore launching Myria, I set up and ran an offline concierge service called The Blue.

Persons: Rey, I've, Myria, Pitbull, Justin Timberlake, Paul Tudor Jones Organizations: Fortune, Service, Rey Flemings, Apple, FedEx Locations: Las Vegas, Wall, Silicon, Coachella, Palm Springs, Memphis , Tennessee

☆ Hugh Hefner's son says he's made $33,000 since joining OnlyFans – because he's a 'nepo baby'
▼ + stars: | 2023-09-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Hugh Hefner's son has earned more than $33,000 since joining OnlyFans as a creator in March. He admits he's a nepo baby and wouldn't have the same opportunities if it wasn't for his famous dad. The term nepo baby — short for nepotism baby — became popular after New York magazine examined the world of Hollywood nepotism. Hefner readily admits he's a nepo baby: "If I wasn't Hugh Hefner's son I wouldn't have seen the same opportunities I have been given. "I don't have an allegiance towards OnlyFans or Playboy, but OnlyFans has helped me grow a lot," he said.

Persons: Hugh Hefner's, Marston Hefner, Hugh Hefner, —, he's, Hefner, I wouldn't, Dan Tuffs, OnlyFans, Daren Organizations: OnlyFans, Service, New York, Playboy Locations: Wall, Silicon, Los Angeles

☆ BP boss who resigned over undisclosed relationships with colleagues ended his marriage by text message, says ex-wife
▼ + stars: | 2023-09-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Bernard Looney resigned as CEO of BP on Tuesday over undisclosed relationships with colleagues. His ex-wife, Jacqueline Hurst, wrote in her 2021 book he ended their marriage in a text message. The author and life coach, who married Looney in 2017, said that the way he ended their marriage was "unbelievable". Looney resigned as CEO of BP after less than four years in the role. AdvertisementAdvertisementIt's not the first sudden resignation by a BP CEO.

Persons: Bernard Looney, Jacqueline Hurst, Looney, hadn't, Hurst, he'd, it's, John Browne, Steve Easterbrook, McDonald's, Looney didn't Organizations: BP, Service, Evening, Financial Times, Reuters Locations: Wall, Silicon, Mexico

☆ Airbnb, Patagonia and Adobe are some of the companies offering cool perks to employees. Take a look.
▼ + stars: | 2023-09-16 | by ( Jyoti Mann | Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Big tech companies are offering fewer lavish perks than they once did. But there are other businesses that offer workers some pretty great extras too. Here are some top perks companies are offering employees, from surf breaks to travel stipends. But there are still companies out there offering workers some great perks, both in the US and abroad. AdvertisementAdvertisementFrom surf breaks to digital detox cabins, here are some of the best perks on offer right now.

Persons: It's Organizations: Big, Service, Tech, Google Locations: Wall, Silicon, Seattle

☆ Elon Musk is 'a jerk' and 'not caring' – but shares some traits with Jeff Bezos and Bill Gates, his biographer says
▼ + stars: | 2023-09-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Elon Musk is a "jerk," his biographer Walter Isaacson told Quartz. He also drew comparisons between Musk, Bill Gates and Jeff Bezos' "hardcore" leadership styles. Isaacson told Quartz that "caring and emotional" executives could hold back a company because "they aren't going to fire people, they aren't going to be tough, they aren't going to be rough." The author compared Musk with Bill Gates and Jeff Bezos and said they'd also taken a "hardcore" approach to running Microsoft and Amazon. The biographer, who followed Musk for two years, told CNBC in July he " does not have a fingertip feel" for emotions.

Persons: Elon, Walter Isaacson, Bill Gates, Jeff Bezos, it's, Isaacson, they'd, Gates, Rishi Sunak, didn't, Musk, Elon Musk didn't Organizations: Service, Microsoft, CNBC, Financial, Twitter, Elon Locations: Wall, Silicon

☆ Elon Musk had just $4,000 when he moved to Canada and shared a room with 5 other people: book
▼ + stars: | 2023-09-14 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Elon Musk left South Africa in 1989 with $4,000 from his parents, per Walter Isaacson's biography. His father, Errol Musk, "gave him $2,000 in traveler's checks" and his mother, Maye Musk, handed him $2,000. However, the biography also confirmed that Errol Musk did not actually own a mine. Isaacson said Errol Musk had swapped a light plane he owned for some emeralds. Errol Musk told Insider in an email: "I exchanged the Cessna 421 Golden Eagle for a share in the mine in 1985.

Persons: Elon Musk, Walter Isaacson's, Musk, Errol Musk, Maye Musk, Isaacson, he'd, Elon Organizations: Service, Canadian, Stanford University, Cessna Locations: South Africa, Wall, Silicon, Canada, North America, Zambia, Russia

☆ Elon Musk really was telling the truth by saying his father Errol never owned an emerald mine, biographer says
▼ + stars: | 2023-09-11 | by ( Jyoti Mann | Grace Dean | ) www.businessinsider.com time to read: +2 min

Elon Musk's biographer set the record straight on whether Errol Musk ever owned an emerald mine. Advertisement Advertisement Watch: How Tesla CEO Elon Musk makes and spends his $19.2 billionWell, it turns out that Elon Musk was telling the truth. Walter Isaacson revealed in Elon Musk's biography, released this week, that Errol Musk never owned a mine. "Many people came to me with stolen parcels," Errol Musk told the writer. The biography also said Errol Musk's emerald business eventually caved in during the 1980s and that he subsequently lost his earnings from it.

Persons: Elon Musk's, Errol Musk, Walter Isaacson, Musk's, Errol, Elon Musk, Maye Musk, Isaacson, Errol Musk's, Errol Musk didn't Organizations: Service, Twitter, CBS Locations: South Africa, Johannesburg, Wall, Silicon, Zambia

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