It’s Wednesday. I’m your host, Jordan Parker Erb. And you, the reader, are waiting for a lot of technology news.
But first, with Climate Week underway here in New York, I wanted to highlight a big Insider project: Our inaugural Climate Action 30, a list of global leaders working on climate solutions.
From social media influencers to startup executives, each honoree on the list shares the progress they’re making toward their climate goals. It’s a great mix of leaders — and well worth reading. Check here.
Let’s go now.
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1. Twitter is facing an exodus of hundreds of workers. Two months after Elon Musk announced his intention to buy Twitter in a deal worth $44 billion, the billionaire spoke directly to the company’s employees. During that meeting, Musk outlined his vision for the business. Since then, hundreds of employees have fled the social media giant.
- Musk’s meeting with Twitter employees covered everything from aliens to layoffs, but did little to reassure workers, according to people familiar with the matter. Employees have already expressed frustration over the deal reached in April, and sources say around 100 workers have left the company in the weeks since.
- The trend of increasing attrition only worsened as Musk and Twitter embarked on an ongoing legal battle. According to Twitter workers, who asked not to be identified, the company had a net loss of more than 700 full-time employees in September.
- But the legal saga is not over yet. Twitter will get its first chance to question Elon Musk under oath about his decision to back out of the deal.
Why staff are leaving Twitter.
In other news:
2. Spotify now offers audiobooks. As the company works to become a one-stop shop for audio entertainment, Spotify has announced the launch of a new audiobook feature, with more than 300,000 titles already added. Here’s everything you want to know.
3. Pittsburgh tech workers on why they chose a lesser-known tech hub. Amid the market slump, some tech workers in Pittsburgh told Insider they’re happy to live in a low-cost area — and the sense of community there means they’re not tempted to move back to major tech hubs. They describe life outside Silicon Valley.
4. Starlink will seek an exemption from sanctions against Iran for providing Internet services. SpaceX CEO Elon Musk said in a tweet that the company “will seek an exemption from Iranian sanctions.” His tweet comes in the wake of anti-government protests after a woman died in police custody. What we know so far.
5. A former VMware employee explains how they knew they had to leave. The former employee left his dream job at VMware just 10 days after Broadcom announced its $61 billion takeover plan. From uncertainty to sleepless nights, they explain why they left and what it taught them.
6. Mark Zuckerberg lost $70 billion in net worth. The Meta CEO’s net worth has fallen 55 percent this year, dropping him to the 20th richest person in the world — well behind Elon Musk and Jeff Bezos. Why Zuckerberg’s Net Worth Is Falling.
7. How much do hot startups pay their employees? Insider analyzed data on Europe’s biggest private tech firms with US operations to find out what startups like Revolut, Klarna and Sorara are offering their workers in the United States — with many offering six-figure salaries. See how much some unicorns are paying top talent.
8. We got an early look at Chevrolet’s electric Blazer. The Blazer EV SS, a sleek electric SUV, is packed with technology and promises to produce 557 horsepower, according to GM. Check out Chevy’s $66,000 answer to the Ford Mustang Mach-E.
Odds and Ends:
9. Insider’s reporter drove a Tesla Model Y — and found six reasons not to buy an EV. As impressive as it is, the Model Y SUV isn’t the perfect electric car for everyone, especially anyone looking for uncomplicated physical controls. Why Tesla might not be perfect for everyone.
10. We tested the new iPhone 14 series. Here’s what stood out. After a few days with the iPhone 14 models, Insider’s reporter found the Dynamic Island to be a smart — if imperfect — addition, and that the always-on display is nice, but still needs work. Read the full review.
What we’re watching today: