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☆ See inside a new $250,000 SUV with a luxurious Cadillac interior, nearly 700 horsepower, and optional bulletproofing
▼ + stars: | 2022-12-04 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

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☆ I drove Mercedes-Benz's $141,000 Tesla rival. I loved its luxurious interior and extra-long range, but it's not perfect.
▼ + stars: | 2022-12-03 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

Pro: Super luxurious interiorThe 2022 Mercedes-Benz EQS 580. Pro: A comfortable, silky-smooth rideThe 2022 Mercedes-Benz EQS 580. Con: Weird, mushy brakesThe 2022 Mercedes-Benz EQS 580. Pro: Rear-wheel steeringThe 2022 Mercedes-Benz EQS 580. Con: No front trunkThe 2022 Mercedes-Benz EQS 580.

☆ I tested the coolest electric SUV you can buy. Take a full photo tour of the Rivian R1S, which has 3 rows and 316 miles of range.
▼ + stars: | 2022-12-03 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

Set the R1S to Rock Crawl or All Terrain mode and jack up its ground clearance to the max — 15 inches — and the R1S makes light work of treacherous boulders, water crossings, and impossibly steep grades. The Rivian R1S. Tim Levin/InsiderRead our review of the Rivian R1T here.

☆ The electric Hummer isn't as great for the environment as you might think — and it proves not all EVs are created equal
▼ + stars: | 2022-12-02 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

If you think driving a pint-sized Nissan Leaf is as good for the planet as driving a huge electric Hummer, think again. The GMC Hummer EV uses significantly more electricity than other EVs, meaning it produces more pollution upstream. Moreover, the GMC Hummer EV is in many ways a supersized gas guzzler for a new era. EVs can be energy guzzlers tooOn the whole, electric cars use less energy than gas-powered ones. The 4.5-ton elephant in the roomThe Hummer EV is a full 4,000 pounds heavier than a well-optioned, gas-powered Ford F-150.

☆ Salesforce employees say they were blindsided by Bret Taylor's departure
▼ + stars: | 2022-12-01 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Today's not a typical day for the staff at Salesforce, some of whom told us they were blindsided by co-CEO Bret Taylor's decision to step down. Below, we've got details on what Salesforce employees — including now-solo CEO Marc Benioff — are saying about Taylor's announcement. Salesforce employees were blindsided by Bret Taylor's departure. The sudden announcement left many at the company feeling blindsided, employees and others close to the company told Insider. Here's what workers told us about Taylor's departure.

☆ These are the 20 longest-lasting cars, trucks, and SUVs you can buy. Toyota dominates the list.
▼ + stars: | 2022-12-01 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

☆ Take a full photo tour of the new electric Hummer, which costs $113,000, weighs 4.5 tons, and can drive sideways
▼ + stars: | 2022-11-30 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

But since this is a six-figure, luxury vehicle that most owners won't take off the pavement, don't be surprised if you see a Hummer EV zig-zagging down Rodeo Drive in the near future. The 2022 GMC Hummer EV Edition 1. Tim Levin/Insider

☆ Finance influencers who hyped up FTX and BlockFi are facing angry fans
▼ + stars: | 2022-11-30 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

In the case of finance influencers who hyped up FTX and BlockFi to their subscribers, the result is a lot of unhappy, skeptical former fans. As prominent crypto platforms topple, financial influencers face anger and skepticism. On YouTube, financial influencers have built loyal followings by sharing financial advice and actively promoting companies like FTX and BlockFi. As the companies crumble, those influencers are facing skepticism and backlash from fans. Apple's App store has become an imitation of its former self.Apple used to carefully curate its App store, helping developers gain visibility and customers find what they needed, writes Michael Gartenberg.

☆ I drove a $2 million electric car and a $200,000 one. See the biggest differences — and similarities — between the two.
▼ + stars: | 2022-11-27 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

The Battista is made almost entirely out of carbon fiber, which is super light and rigid but also unforgiving over bumps and cracks. You can hear pebbles bouncing off of the supercar's floor as you drive. The Pininfarina Battista. Tim Levin/Insider

☆ The $113,000 Hummer EV is totally outrageous in every way — and that's what makes it such a good time
▼ + stars: | 2022-11-26 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

The GMC Hummer EV is ridiculously large, astonishingly quick, and excessive in every way. GM lent me a Hummer EV Edition 1, which retails for around $113,000. First, the basicsThe 2022 GMC Hummer EV Edition 1. The Hummer EV pickup launched in late 2021, and an SUV is on the way for 2023. What falls short: New Hummer, same problemsThe Hummer EV is wildly inefficient compared to its competitors, which is both unfortunate and on brand.

☆ Electric-vehicle charging stations could use as much power as a small town by 2035 — and the grid isn't ready
▼ + stars: | 2022-11-25 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

A new study suggests that by 2035 some stations will need to provide as much power as a small town. As soon as 2030, a typical charging station's peak energy usage could rival that of a sports arena. By 2035, a larger installation serving both passenger cars and trucks could need to provide 19 megawatts of peak power, National Grid projects, roughly what a small town uses. Today's charging and gas stations aren't equipped to provide nearly the amount of power that National Grid expects will be needed by 2030, much less 2045. But building out charging infrastructure takes time, and it pays to get ahead of the curve, National Grid said.

☆ It's not just you. Disney's CEO reportedly thinks its theme parks have gotten too expensive.
▼ + stars: | 2022-11-24 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

Disney's CEO was alarmed by rising prices at its theme parks, the Wall Street Journal reported. Bob Iger made a surprise comeback as Disney's CEO on Sunday, returning less than a year after leaving the company. Daily admission prices at Disney's theme parks have risen to $189 this year. Disney's top executive Bob Iger thinks prices at the company's theme parks have gotten too high, the Wall Street Journal reported on Wednesday, citing people close to him. Chapek told investors in May that people were spending 40% more at Disney's theme parks than before the pandemic.

☆ Russia is on the verge of passing an expanded version of its notorious anti-LGBTQ bill that bans promotion of 'non-traditional sexual relations'
▼ + stars: | 2022-11-24 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

The revised bill bans spreading "propaganda of non-traditional sexual relations" to people of any age. The bill prohibiting the promotion of "non-traditional sexual relations" builds upon a notorious law passed in 2013, which took aim at "propaganda" spread to minors. Under the new law passed by the State Duma, films, and advertisements depicting same-sex relationships could be banned. Russian citizens found to have spread propaganda about "non-traditional sexual relations" could face a fine of up to 400,000 rubles, or $6,600 at current exchange rates. Human-rights organizations have condemned Russia for the so-called "gay propaganda" law since its introduction.

☆ A new NY law lets sexual assault survivors file new lawsuits, even if the statute of limitations has expired
▼ + stars: | 2022-11-24 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

A new New York law lets survivors of sexual assault file new lawsuits regardless of how far in the past the abuse occurred. The Adult Survivors Act went into effect on Thursday, giving survivors a one-year window to file civil suits. The Adult Survivors Act, which New York Governor Kathy Hochul signed into law in May, went into effect on Thursday. "Dearest friends, tonight, a few minutes after midnight, we filed the rape suit against the former president," Carroll said in a statement. The New York Department of Corrections and Community Supervision previously told Insider that it has "zero tolerance for sexual abuse, sexual harassment, and unauthorized relationships."

☆ I've driven all 3 electric pickup trucks on the market — here's why I'd buy the Rivian R1T over the F-150 Lightning or Hummer EV
▼ + stars: | 2022-11-23 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

The Rivian R1T, Ford F-150 Lightning, and GMC Hummer EV are three very different takes on the electric truck. The Ford F-150 Lightning. But the Ford F-150 Lightning, GMC Hummer EV, and Rivian R1T couldn't be more different. F-150 LightningThe Ford F-150 Lightning. Rivian R1TThe Rivian R1T.

☆ There will be many investors interested in picking up distressed assets, Chainalysis says
▼ + stars: | 2022-11-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere will be many investors interested in picking up distressed assets, Chainalysis saysJonathan Levin of Chainalysis discusses cryptocurrency exchange FTX's collapse and says many of those with "deep conviction" in cryptocurrency markets are considering doing so.

☆ Only a handful of psychedelics companies have gotten funding from established biotech investors. Here's what they've done right, according to a top VC.
▼ + stars: | 2022-11-22 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +4 min

RA Capital is one of the few mainstream biotech VCs wading into the psychedelics space. The number of companies touting the benefits of psychedelics for healthcare is rapidly growing, but not all biotech investors are on board yet. Last year RA Capital made two investments into the psychedelics spaceIn 2021, RA made its first investments into the psychedelics space by funding two startups: GH Research and Delix Therapeutics. Dublin, Ireland-based GH Research is one of the only psychedelics companies to have garnered a flurry of interest from mainstream healthcare investors including RA Capital, RTW Investments, and BVF Partners. Lusaris' treatment is designed to be taken sublingually — placed under the tongue — for treatment-resistant depression.

Weike WangJoan, the hero of this novel, is a 36-year-old attending physician in an I.C.U. on the Upper West Side of New York. Pressures from her family, H.R. and her neighbor throw her in a rage that Wang leaves bubbling beneath the surface. “Wang has given us a character so unusual and unapologetically herself that you can’t help wanting to hang out with her, knowing full well that she wants nothing more than to be left alone,” our reviewer wrote.

☆ Mercedes will unlock your $100,000 electric car's full power — for an extra $1,200 per year
▼ + stars: | 2022-11-22 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

Mercedes-Benz will offer a $1,200-per-year "acceleration Increase" feature for some electric cars. Customers who pay the fee will unlock between 20% and 24% more power output from their electric Mercedes. The upgrade will also boost torque and shave up to one second off of a vehicle's zero-to-60-mph time, Mercedes says. Three-quarters of consumers aren't willing to pay a subscription fee for most car features, according to an April survey from Cox Automotive. Have a story about car subscription features that you'd like to share?

☆ Car companies want to make billions by charging monthly fees for features like heated seats, but buyers won't pay up
▼ + stars: | 2022-11-21 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

Car companies expect to make billions charging customers recurring fees for vehicle features. As vehicles become increasingly connected to the internet, car companies aim to rake in billions by having customers pay monthly or annual subscriptions to access certain features. But car companies still haven't figured out exactly what customers are willing to pay for, and what feels like a frustrating upcharge. An April study by Cox Automotive found that 75% of consumers are not willing to subscribe to most vehicle features. Hackers have helped car owners upgrade their vehicles for years, and subscription features could be their next target, Vice reported.

☆ Elon Musk changes his tune on letting Donald Trump back on Twitter, says 'decision has not yet been made'
▼ + stars: | 2022-11-18 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

Elon Musk isn't sure whether he'll reinstate former President Donald Trump's Twitter account. As for Trump, the "decision has not been made," Musk said. In May, he told the Financial Times he would "reverse the permaban" on the former president's account, calling the original Twitter decision "morally wrong and flat-out stupid." Musk said the ban "ultimately did not result in Donald Trump not having a voice," since he moved communication to Truth Social, his Twitter-like social media company. Twitter booted Trump from its site following the January 6, 2021 riot on the US Capitol, citing the "risk of further incitement of violence."

☆ How TikTok and the music industry are bound to each other as 'frenemies,' even as they battle over licensing
▼ + stars: | 2022-11-17 | by ( Dan Whateley | ) www.businessinsider.com time to read: +10 min

All of these promotional functions have benefited the music industry, boosting streams on platforms like Spotify or Apple Music and helping artists grow their fan bases. The company filed a US trademark application in May for a potential music-streaming product called "TikTok Music," Insider first reported. Licensing negotiations to either expand Resso or introduce TikTok Music into other markets are underway, a person with direct knowledge of the process told Insider. Licensing negotiations are nearly constant in the music industryByteDance and TikTok already have existing agreements in place with major record labels and publishers like Warner Music Group, Sony Music Entertainment, the National Music Publishers' Association, and ICE. Last quarter, YouTube's head of music wrote that the company paid out $6 billion to the music industry over a 12-month period.

☆ Toyota upgraded the Prius to have even better gas mileage, sleeker looks, and a lot more power
▼ + stars: | 2022-11-17 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

☆ See the electric Lucid Gravity SUV, a Tesla rival that will have 7 seats and more range than any competitor
▼ + stars: | 2022-11-16 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

EV startup Lucid revealed new details about the Gravity, its SUV launching in 2024. The Lucid Gravity. Lucid MotorsThe Gravity will have a spacious interior and options for five, six, or seven seats. The Lucid Gravity. The Lucid Gravity.

☆ Trade in your pickup truck for a Prius if you want a more reliable vehicle, Consumer Reports says
▼ + stars: | 2022-11-16 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

Consumer Reports released its annual ranking of the most reliable car brands, models, and categories. Consumer Reports asked its members about 17 trouble spots, from minor annoyances like fading paint and squeaky brakes to major problems like a faulty transmission. The most reliable vehicle types, according to Consumer Reports. Consumer ReportsHybrids are slightly more expensive than their gas-fueled counterparts, but fuel savings can offset that over time, Consumer Reports said. The 2023 Toyota Corolla Hybrid is the most reliable new vehicle you can buy, according to Consumer Reports, while the least reliable is the Ford F-150 Hybrid.

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