Quibi's investors want their money back

Hi! Welcome to the Insider Advertising daily for October 23. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]'s news: Quibi's investors want their money back, Facebook's Carolyn Everson talks about the recent advertiser boycott, and GroupM global CEO Christian Juhl makes the case for a new ad model. Still from "Chrissy's Court" on Quibi...
Tags: Facebook, Shonda Rhimes, Instagram, Abc, Washington, Trends, Netflix, Gop, Washington Dc, Trump, Groupm, Chrissy, Ashley Rodriguez, Everson, Jared Kushner, Rokt

Goldman Sachs is paying billions in fines over the 1MDB scandal and clawing back exec pay. Here's what's been going on inside the bank.

Goldman Sachs CEO David Solomon. Getty Images Goldman Sachs has agreed to pay nearly $3 billion to settle a probe into its role in Malaysia's 1MDB corruption scandal, its Malaysia unit pleaded guilty to violating foreign bribery laws, and the firm is clawing back pay from executives including current CEO David Solomon.It's been a long saga that has for years dogged the storied Wall Street firm."We must continue to hold ourselves to the highest standards, and each of us has a vital role to p...
Tags: London, Instagram, White House, Virginia, Trends, General Motors, Bloomberg, Malaysia, Ubs, Goldman Sachs, Biden, Goldman, KKR, Blackstone, Wall Street Journal, Marcus

Facebook paused efforts to redirect QAnon searches to fact-checks after a glitch showed people information about the conspiracy theory even when they weren't looking for it

QAnon supporters have appeared frequently at President Donald Trump's campaign rallies. Rick Loomis/Getty Images Facebook is pausing efforts to redirect people to fact-checks about QAnon after a "glitch" accidentally redirected users who weren't looking for the conspiracy theory, the company said Wednesday. Facebook said its "redirect initiative" would "direct people to resources that can help inform them of the realities of QAnon and its ties to violence and real world harm." The init...
Tags: Facebook, Mark Zuckerberg, Politics, News, Instagram, Microsoft, Trends, Social Media, Gop, Conspiracy Theories, Donald Trump, Trump, Misinformation, BuzzFeed News, Rick Loomis, YouTube Twitter

This is how 16 tech companies have reacted to the QAnon conspiracy theory on their platform

Jeff Swensen/Getty Images Social-media platforms have been slow to act against the QAnon conspiracy theory, with many only acting to curb the ballooning movement within the last few weeks.  QAnon followers have been linked to several alleged crimes, including killings and attempted kidnappings.  Now, tech companies, including Facebook, TikTok, Triller, Etsy, and others, say they're making efforts to rid their platforms of the unfounded conspiracy theory movement.  Visit Business Insider's...
Tags: Google, Amazon, Facebook, Politics, News, Pinterest, Instagram, Etsy, Youtube, Berlin, New York City, Nbc News, US, America, Trends, Joe Biden

Moderna just finished recruiting 30,000 people for its coronavirus vaccine trial. One graph reveals how the biotech slowed down its research to recruit more minorities.

A volunteer receives an injection from a medical worker during the country's first human clinical trial for a potential vaccine against the novel coronavirus, at Baragwanath Hospital in Soweto, South Africa, June 24, 2020. REUTERS/Siphiwe Sibeko The coronavirus vaccine frontrunner Moderna has finished enrolling volunteers for its final clinical trial, the biotech said Thursday.  The 30,000-person study is expected to produce data showing whether or not the vaccine prevents symptomatic ...
Tags: Health, Science, Massachusetts, US, Trends, Healthcare, Pfizer, Business Insider, Soweto South Africa, Moderna, Siphiwe Sibeko, Andrew Dunn, Stéphane Bancel, Coronavirus, Bancel, Coronavirus Vaccine

UPS' advanced tech chief reveals how the pandemic has underscored the case for drone delivery, starting with moving medical supplies

UPS has launched two health care-related drone delivery trials during the pandemic. Courtesy of UPS UPS, along with other delivery and logistics companies, is in a race to launch regular, commercial drone delivery systems. In the past few months, UPS has begun pilot programs with CVS and a major hospital system, using drones to make deliveries and transport critical supplies. In an exclusive interview with Business Insider, UPS' VP of Advanced Technologies explained how the COVID-19 pandem...
Tags: Transportation, Florida, Trends, UPS, Drones, Faa, Cvs, Ganesh, Winston Salem North Carolina, Wake Forest Baptist, Advanced Technologies Group, Advanced Technologies, UPS Deliveries, David Slotnick, Bala Ganesh, Coronavirus

The history of the Airbus A220, the controversial plane Boeing tried to keep out of the US

The first CSeries aircraft in its new Airbus colors. Regis Duvignau/Reuters The Bombardier CSeries was meant to be a game-changing aircraft. Produced by the Canadian aircraft manufacturer, it was its first foray in the 100-to-150-seat market. Though initially successful with sales to major airlines, the program was turned upside following a trade dispute with Boeing. The aircraft program was taken over by Airbus as a result, with the aircraft renamed the Airbus A220.  Bombardier has pulled...
Tags: Travel, Transportation, Europe, UK, England, Life, Air Canada, Planes, Global, US, Los Angeles, Trends, History, Features, Canada, Paris

The creator of the legendary 'Metal Gear' franchise just announced a new game

"Metal Gear" and "Death Stranding" creator Hideo Kojima. Bryan Bedder/Getty Images The Japanese gaming studio led by "Metal Gear Solid" creator Hideo Kojima announced a new project this week. It's the second project since the studio became independent in 2015. Prior to that, Kojima Productions existed as a subsidiary of Japanese game publisher Konami, where Kojima created and oversaw the "Metal Gear Solid" franchise. Little is known about the new game, and it's unclear if it's a sequel to ...
Tags: Gaming, Video Games, Entertainment, Trends, Sony, Xbox, Tokyo, Kiefer Sutherland, Hideo Kojima, Kojima, Konami, Kojima Productions, Ben Gilbert, Silent Hills, Metal Gear, Metal Gear Solid

Americans under 40 want major reforms, expanded Supreme Court

Americans under 40 largely favor major political reforms, finds a new survey.The poll revealed that most would want to expand the Supreme Court, impose terms limits, and make it easier to vote.Millennials are more liberal and reform-centered than Generation Z. A new nonpartisan poll of Americans under 40 finds they want serious reforms in the American political system. The survey, conducted by the University of Massachusetts Lowell, showed great support for expanding the Supreme Court, terms li...
Tags: Politics, Elections, Voting, Supreme Court, Society, Joe Biden, United States, Innovation, Black Lives Matter, Baby Boomers, Congressional, Electoral College, University of Massachusetts Lowell, Social Activism, John Cluverius, UMass Lowell Center for Public Opinion

Facebook's much-hyped oversight board that can overrule even CEO Mark Zuckerberg likely won't make any decisions until after Election Day

Facebook CEO Mark Zuckerberg appears before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Oct. 23, 2019. Andrew Harnik/AP Facebook's oversight board — a pseudo-independent group sometimes called Facebook's "Supreme Court" that can review and overrule the company's decisions to remove posts — announced its launch Thursday. Facebook and Instagram users will now be able to submit appeals on content moderation to the board for review. The board has give...
Tags: Facebook, Mark Zuckerberg, Politics, Instagram, Washington, Advertising, US, Trends, United States, Capitol Hill, Co, Board, HARRIS, House Financial Services Committee, Andrew Harnik, Helle Thorning Schmidt

25 thoughtful and creative gifts your sister will love — especially if she's hard to shop for

When you buy through our links, we may earn money from our affiliate partners. Learn more. Atlas Coffee Club Sisters share an especially unique bond, so an especially unique gift can often be hard to find. We've rounded up 25 gifts that feel as one-of-a-kind as the relationships shared between sisters — from custom hot sauce kits to bar game coasters.Looking for more gift ideas? Check out all Insider Reviews gift guides here.Sign up for Insider Reviews' weekly newsletter for more buying ...
Tags: Reviews, Amazon, Gift Guide, Trends, Features, Gifts, Gift Guides, Amazon Echo, Anthropologie, Sephora, Minnetonka, Sister, State, Gifts For Her, Allbirds, Women's Accessories

How ill-fated startup Quibi went from raising $1.75 billion before launch to shutting down just 6 months later

Rafapress/Shutterstock Quibi just announced it was shutting down only six months after launching. The service's goal was to draw subscribers in to watch short mobile content on their phones. Quibi raised $1.75 billion but failed to attract subscribers. Visit Business Insider's homepage for more stories. Quibi is officially dead, after launching during the COVID-19 pandemic and surviving just six months. On Wednesday, the company announced that it was shutting down and informed employees t...
Tags: Google, Hollywood, News, Media, Ebay, Disney, Trends, Tech, Ces, Bbc, Features, Netflix, New York Times, Dreamworks, Streaming, Silicon Valley

Sustainable car-sharing brand Lynk & Co. launches in Europe — and we investigated

After peering out the window on a cold and wet October morning I decide against cycling across Amsterdam to visit the newly opened Lynk & Co location. It’s times like these I wish I owned a car, but only for the half hour I actually need it. With its unique approach to mobility, this is the very opportunity that Swedish Chinese car maker Lynk & Co. is trying to tap into. It’s a car brand, but the car is far from the company’s centerpiece. In fact, when CEO Alain Visser showed me around the new A...
Tags: Startups, Europe, Amsterdam, Shift, Lynk, Lynk Co, Alain Visser

Why San Francisco felt like the set of a sci-fi flick

On Sept. 9, many West Coast residents looked out their windows and witnessed a post-apocalyptic landscape: silhouetted cars, buildings and people bathed in an overpowering orange light that looked like a jacked-up sunset.The scientific explanation for what people were seeing was pretty straightforward. On a clear day, the sky owes its blue color to smaller atmospheric particles scattering the relatively short wavelengths of blue light waves from the sun. An atmosphere filled with larger particle...
Tags: Psychology, Weather, Science Fiction, Science, Film, Environment, San Francisco, Green, Innovation, Isaac Newton, West Coast, Clarkson, David Fincher, Johann Wolfgang von Goethe, Jon Fusco, Lilly Mtz Seara

Only 1 major US newspaper has endorsed Trump for reelection

President Donald Trump. Caitlin O'Hara/Getty Images President Donald Trump has received only a single endorsement from a major newspaper for his reelection, as of Oct. 21. That's far behind the three dozen leading newspapers that have endorsed Democratic presidential nominee Joe Biden. Newspaper endorsements have historically helped undecided voters choose a candidate. Visit Business Insider's homepage for more stories. Only a single major American newspaper has endorsed President Dona...
Tags: Politics, News, Senate, US, Trends, Joe Biden, Gop, Hillary Clinton, New York Times, Sheldon Adelson, Biden, Donald Trump, Trump, Election 2020, Ucsb, Endorsements

Trump seized on Biden's promise to 'transition away from oil,' but the move away from fossil fuels is nothing new

Morry Gash-Pool/Getty Images President Donald Trump attacked former Vice President Joe Biden during Thursday night's debate for promising to "transition from the oil industry." Biden argued that the oil industry, which he said "pollutes significantly," should no longer receive federal subsidies and needs to be replaced by renewable energy "over time." Trump claimed that Biden is "going to destroy the oil industry" and a slew of Republicans attacked Biden over his comments.  The idea that ...
Tags: Energy, Politics, Texas, News, Climate Change, Environment, Trends, Joe Biden, Pennsylvania, Democrats, Gop, House, New York Times, Rick Perry, Oil And Gas, Ohio

Insider Retail: Malls seek solutions for salvation, luxury goods are booming in China, and retail employees push back against being forced to return to corporate offices

It was a big week for plant-based foods. Beyond Meat Why hello there, happy Friday. For those of you who don't know me, my name is Bethany Biron, and I'm happy to announce I will be joining my colleague Shoshy Ciment to help deliver Insider Retail — our weekly round-up of everything you need to know about the world of restaurants and retail — to your inboxes. So without further ado, I present this week in the wild and wonderful world of retail. (And if you haven't already subscribed, click ...
Tags: Europe, New York, Washington, China, US, Trends, Vienna, Ubs, Starbucks, Seattle, Burger King, Gucci, Banana Republic, Reuters, Blue Bell, Chandler Ariz

A reader asked Scott Galloway if he should put his career on hold to care for his terminally ill father. Here's how he responded.

Caring for a sick parent is something that no one teaches you how to do. Portra Images/Getty Images Scott Galloway is a bestselling author and professor of marketing at NYU Stern. The following is his recent blog post and video, republished with permission. It originally ran on his blog, "No Mercy / No Malice." A reader wrote to Galloway and asked for his advice on whether he should pause his career to help care for his father, who's been diagnosed with late-stage pancreatic cancer. From h...
Tags: New York City, America, Trends, Miami, Nyu, Galloway, Scott Galloway, Summerlin Nevada, Karsen, Scott Galloway Courtesy of Scott Galloway, Scott Galloway Childhood

Elon Musk's manufacturing obsession could make Tesla into an industry — and make him a 21st century Henry Ford

Elon Musk is preoccupied with machines that build machines. Tesla Tesla just reported its fifth-consecutive profitable quarter, setting itself up for its first-ever full-year profit.  On a call with analysts and investors to discuss the Q3 results, CEO Elon Musk returned to a preoccupation with manufacturing, an area that he believes could be Tesla's greatest achievement. Musk wants Tesla to do things very differently from the rest of the car business, in order to go beyond building cars t...
Tags: Apple, Amazon, Elon Musk, Texas, California, China, Germany, Berlin, US, Trends, General Motors, Tesla, Canada, Ford, Gm, Toyota

Drug tunnels discovered under Mexico City reveal an ongoing battle between criminal groups

The Central de Abasto wholesale market in Mexico City, April 24, 2018. REUTERS/Gustavo Graf An October 9 raid on the sprawling Central de Abasto market in Mexico City uncovered several tunnels used to transport drugs between warehouses. The discovery of the tunnels and other materials seized in the raid in Mexico City's largest market reveals how criminal groups continue to compete to control a site that has long been a major hub of illicit activity. Visit Business Insider's homepage for m...
Tags: Mexico, Trends, Mexico City, Daniel Becerril, Reforma, CJNG, Mexican drug cartels, Omar García Harfuch, Military & Defense Contributors, Military & Defense, News Contributor, InSight Crime, Beltrán Leyva Organization, Central de Abasto, Gustavo Graf, Milenio Gang

Master your Money Live Digital Bootcamp: Personal finance professionals share advice on how to take control of your money

Skye Gould/Business Insider In an upcoming Live Digital Bootcamp, two personal finance professionals will discuss steps and share ideas for taking control of your money once and for all. The conversation is part of the Master your Money series, delivering money advice, ideas, and inspiration to millennials. During BI's Master your Money Live Digital Bootcamp, the experts will talk about optimizing your money systems, reducing stress around money, tips for building good habit...
Tags: Trends, Zimbabwe, Swaziland, Wallis, Business Insider, Financial Advice, CFP, Pierre, Fidelity Investments, Tanza Loudenback, Dell Technologies, Jan Mayen, Grenadines Samoa San Marino Sao Tome, Insider Inc, Edit Series, Master Your Money

Can You Really Prepay Your Taxes?

In the third presidential debate, Donald Trump shrugged off his $750 tax payment from 2016 by saying he paid “millions and millions of dollars” in taxes “in advance.” And that $750? Merely a “filing fee.” Fact-check of that specific claim aside, can you actually prepay your federal income taxes? Yes, you can—but you…Read more...
Tags: Money, Taxes, Lifehacks, Donald Trump, Irs, Tax Refund

No evidence for Trump claim that Joe Biden earned money in China, according to the Wall Street Journal, contradicting its editorial section

Democratic presidential nominee Joe Biden participates in the final presidential debate against U.S. President Donald Trump at Belmont University on October 22, 2020 in Nashville, Tennessee. Chip Somodevilla/Getty Images The Wall Street Journal found no evidence to support President Trump's claim that Joe Biden did business in China. The Journal's reporters reviewed corporate records, emails, and text messages. Trump's claim, during Thursday's debate, came the same week it was revealed he ...
Tags: Post, New York Post, Politics, News, China, Trends, Joe Biden, Fox News, Biden, Donald Trump, Charles Davis, Wall Street Journal, Journal, Trump, Hunter, Nashville Tennessee

iOS 14 allows you to create folders for iPhone voice memos to keep all of your recordings organized – here's how to do it

iOS 14 lets you organize your voice memos into different folders. Maskot/Getty Images You can create folders for your iPhone voice memos, starting with iOS 14, to organize your recordings if you have many stored on your device. To create folders, use the "New Folder" icon on the new Voice Memos home page.   New recordings are stored in the current folder when you start recording, but you can also move recordings into folders using a swipe gesture or the "Edit" button at the top of the scre...
Tags: Iphone, Apple, Trends, Voice, Don, Voice Memos, Dave Johnson, Tech Insider, Ios 14, Product Card, BI-freelancer, Tech Reference, Software & Apps (Reference, Tech How To, Smartphones (Reference, Newsroom Affiliate

A company that lets anyone rent an RV just raised over $100 million as RV and road travel continues to skyrocket in popularity

Stanislaw Pytel/Reuters RVshare has raised over $100 million from KKR and previous investor Tritium Partners as the RV rental platform sees continuous bookings growth into the fall. RV rental companies and makers have stayed resilient throughout the coronavirus pandemic. According to RVshare's news release, this investment will allow the peer-to-peer rental platform to tap into KRR's "network" and "resources," and grow the company as the industry continues to boom. Visit Business Insider'...
Tags: Transportation, Trends, Investment, Berkshire Hathaway, KKR, RV, Road Trip, Business Insider, Tiny Home On Wheels, Gray, Jon Gray, Tritium Partners, RVshare, Brittany Chang, Stanislaw Pytel Reuters

'Don't react to it': Cindy McCain, wife of the late Republican senator, explains the 'tipping' point that led her to endorse Democrat Joe Biden

Vice President Joe Biden administers a ceremonial Senate oath during a mock swearing-in ceremony to Sen. John McCain of Arizona, accompanied by his wife Cindy, in the Old Senate Chamber on Capitol Hill in Washington, D.C., January 5, 2011. Manuel Balce Ceneta/AP Cindy McCain, philanthropist and wife of the late Republican Sen. John McCain, explained the moment President Donald Trump crossed the line and spurred the decision to endorse his opponent, former Vice President Joe Biden. McCain r...
Tags: Utah, California, Washington, Senate, US, Trends, Joe Biden, Atlantic, Paris, Arizona, Capitol Hill, John, John Mccain, Biden, Jack, Donald Trump

Zoom Secret Magic Trick – Hide Self View

Here’s a simple one to make your 10 hours a day on Zoom more enjoyable. Hide Self View Click on the three little dots next to Mute in your video window. Choose “Hide Self View.” The following view … is much better to look at that the one with my own picture in it. Staring at yourself for 10 hours a day is exhausting. If you are having trouble relating to this, put a mirror on your desk in front of you and look at it all day. That’s basically what you are do...
Tags: Trends, Video Conferencing, Zoom, Feld, Things I Like

How Air Force ICBM crews deal with stress and isolation during COVID-19 restrictions in the middle of nowhere

A hilly stretch of gravel road in the missile complex at F.E. Warren Air Force Base, Wyoming, February 9, 2016. US Air Force/Senior Airman Jason Wiese Since COVID-19 lockdowns began at F.E. Warren Air Force Base, the airmen there responsible for the nation's three wings of ICBMs have faced with increased isolation pressures to prevent its spread. To deal with the additional strain, commanders have tried to offer more support, and the Air Force has offered more creature comforts, but the ai...
Tags: Colorado, Washington, US, Trends, Department Of Defense, Wyoming, Army, Air Force, US Air Force, ICBM, Rockies, Center for Strategic and International Studies, Frank Smith, Washington Examiner, Plains, Operations Group

AOC's snub of a tribute to an assassinated Nobel Peace Prize winner sure makes it seem like all Israeli leaders are too problematic for the progressive left

Rep. Alexandria Ocasio-Cortez (D-NY) addresses the virtual Democratic National Convention convention on August 18, 2020. Handout/DNCC via Getty Images Alexandria Ocasio-Cortez was supposed to speak at a left-wing peace advocacy group's online memorial for the late Israeli prime minister Yitzhak Rabin, on the the 25th anniversary of his assassination., After backlash from progressives, AOC bailed on the event, which was held the same night she played a video game for a huge online audience....
Tags: New York, Minnesota, Congress, Israel, Trends, Gaza, Middle East, Palestine, West Bank, Yasser Arafat, Labor party, Pbs, Biden, Ellison, Apn, Trump

The US's third coronavirus surge could be the deadliest yet — 4 charts show a troubling trend

A man drops his daughter off at the Lincoln-Hancock Community School in Quincy, Massachusetts on September 17, 2020. Craig F. Walker/The Boston Globe/Getty Images Coronavirus cases are skyrocketing in the US for the third time as winter approaches. The US reported more than 60,000 daily cases, on average, this week — a roughly 40% increase since the start of October. Deaths haven't risen as dramatically yet, but experts predict the third surge could be the deadliest. The US leads the world...
Tags: Europe, UK, Science, News, France, India, Brown University, US, Trends, United States, Italy, Boston Globe, Johns Hopkins University, UK France, Christopher Murray, Quincy Massachusetts

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