‘Summer Camp for Billionaires’ Starts Today in Sun Valley, Idaho

Welcome again, readers. Jordan Parker Erb right here, taking you within the yearly “summer time camp for billionaires,” and sharing the newest place in tech: “Director of Vibes.”

In a position? Let’s get began.

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1. “Summer time camp for billionaires” starts as of late. One of the vital maximum influential figures in tech and media will contact down this week in a small Idaho the city for the Solar Valley convention, an annual meet-and-greet for business moguls.

  • Through the years, the convention has been the backdrop for numerous primary media mergers: Jeff Bezos’ acquire of The Washington Put up, Disney’s plan to buy ABC, and the sale of NBC to Comcast all began in Solar Valley.
  • Selection reported that Twitter CEO Parag Agrawal and Elon Musk have been invited this 12 months, as have been Meta’s Mark Zuckerberg and Sheryl Sandberg. Professionals from Slack, YouTube, and Spotify also are at the record; Jeff Bezos and Rupert Murdoch don’t seem to be.
  • Ultimate 12 months, Solar Valley’s airport was so overrun with non-public jets that the FAA needed to lengthen incoming planes.

See what the convention is all about.

In different information:

An aerial view of Tesla Shanghai Gigafactory on March 29, 2021 in Shanghai, China.

Xiaolu Chu/Getty Pictures

2. Fifteen Black workers are suing Tesla. Alleging racial harassment, the present and previous staff say the automaker created a racially opposed paintings surroundings in its factories. One plaintiff mentioned he was once tackled at paintings and advised to “suck it up and be a person” — here is what we all know up to now.

3. Internet 3.0 corporations are losing company tradition managers for “administrators of vibes.” Insider spoke with a number of chiefs of vibes, who shared how they were given the task (and what it way, precisely), what it takes to regulate a company’s vibes, and why keeping up the vibes is extra vital than ever.

4. Embattled crypto lender Celsius is reportedly shedding 150 body of workers. As in keeping with Calcalist, the corporate now faces conceivable insolvency following “excessive marketplace stipulations.” It comes after experiences that Goldman Sachs is taking a look to position in combination a $2 billion deal to shop for Celsius property if it is going bankrupt.

5. A contract digital assistant stocks how she remains arranged. Hannah Dixon was a digital assistant 9 years in the past, and now makes six figures. From “Me First” days to tech equipment like Trello, she shared 3 tips for staying on best of the paintings

6. Elon Musk is again on-line. After a mysterious nine-day hiatus from Twitter, Musk broke his silence to tweet a meme, some non-public musings, and the announcement that he and 4 of his teenage youngsters met Pope Francis.

7. Inside Amazon paperwork display a brand new coverage barring workers from warehouses all through off hours. Some workers and exertions leaders advised Insider the brand new coverage may limit workers’ union organizing process. How the coverage may bog down union organizing.

8. GM is handiest making 12 electrical Hummers an afternoon. Regardless of a ready record of 77,000 consumers, the corporate’s Detroit manufacturing unit is generating the vehicles at an surprisingly gradual tempo, in keeping with The Wall Side road Magazine. Why the Hummer EV is taking see you later.

Odds and ends:

An Apple Watch and Apple Watch charger laying on a blue background.


9. The brand new Apple Watches may let you know when you’ve got a fever. In line with Bloomberg’s Mark Gurman, body-temperature detection can be added to each the usual Collection 8 style and its extra rugged counterpart, every coming later this 12 months. Here is the newest.

10. A Tesla Style S Plaid hit its quickest pace on file. A video presentations the Tesla hitting 216 miles in keeping with hour, a feat made conceivable by way of an organization that hacked the automobile’s tool. Get a have a look at the super-fast Tesla.

What we are staring at as of late: 

  • Particular goal acquisition corporate I2PO expects to finish its industry aggregate with track streaming corporate Deezer.
  • The once a year Allen & Corporate Solar Valley Convention begins as of late.

Stay up to date with the newest tech information during your day by way of trying out The Refresh from Insider, a dynamic audio information transient from the Insider newsroom. Concentrate right here.

Curated by way of Jordan Parker Erb in New York. (Comments or guidelines? E-mail jerb@insider.com or tweet @jordanparkererb.) Edited by way of Hallam Bullock (tweet @hallam_bullock) in London.

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