Hello, and welcome to this week’s edition of the Insider Tech newsletter, where we break down the biggest news in tech, including:
I’m Insider Tech Features Editor Alexei Oreskovic, and I’m always eager to hear your thoughts, feedback and tips, so hit me up at email@example.com.
This week: Elon Musk dreams of electric robots
Never underestimate Elon Musk’s indefatigable desire to make people go ‘WTF?!’ During Tesla’s “AI day” event this week, the electric carmaker’s CEO stunned the audience by unveiling something that looks very different than a car: a humanoid robot.
Musk says a prototype will be coming soon, but for now the Tesla Bot is just a pretty picture on a screen. That said, the technology for robots is evolving in amazing ways:
Less than two months into his tenure as Amazon CEO, Andy Jassy has his first case of employee unrest to deal with. As Eugene Kim exclusively reports, hundreds of Amazon employees have created an internal slack channel to openly criticize and vent about the company’s opaque performance review system.
The channel is called “I got pipped,” in reference to Amazon’s brutal performance-improvement plan that’s known for ending more careers at the company than it improves.
Read the full story here:
And check out some of Insider’s other reporting on Amazon’s internal culture:
Here at Insider we love to find out who the key players are within various companies and industries, and to track the team rosters and all the big hires and departures. Here’s a couple of our latest lists of people worth watching:
62 power players at Travis Kalanick’s secretive food startup, plus 26 who left in the last two years
Quote of the week:
“Customers that have been participating in these IPOs have been relatively diamond-handed, so to speak.”
— Robinhood CEO Vlad Tenev, speaking on the company’s first earnings call since going public, busts out a bit of meme-stock lingo. To have “diamond hands” — as anyone in Reddit’s Wall Street Bets community will tell you — means to hold on to a stock or cryptocurrency when the price is falling. It’s the opposite of “paper hands.”
Not necessarily in tech:
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