Happy Friday, readers! We caught wind that Google plans to launch $4, and Tesla is selling $4
Let's get started.
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1. Scoop: Google is planning to launch its own smartwatch in 2022. Codenamed "Rohan," the device will be the first Google-branded wearable after its acquisition of Fitbit. $4
- We're not sure of the name yet. Pixel watch? Android watch? Execs have used a variety of names, and it's not clear what branding Google will choose when it launches the device.
- Unlike the Apple Watch, Google's smartwatch is round and has no physical bezel, according to artistic renders viewed by Insider.
- But like Apple's device, it will capture health and fitness metrics. The Rohan watch has a heart-rate monitor and offers basic health-tracking features such as step counting.
- Execs told employees they plan to launch next year, and if the latest testing round goes well, it could be as early as spring.
In other news:
2. A note shows instructions for Theranos founder Elizabeth Holmes written by her ex-boyfriend. Holmes said Sunny Balwani wrote her advice such as spending at least 80% of time on things "most important to cash flow," as well as never meeting with anyone for more than five minutes unless she'd written down why. $4 Plus, newly released texts reveal $4
3. A former software engineer couldn't endure Silicon Valley's "hustle culture" anymore — so she left. While working for Intuit and Patreon, Mayuko Inoue felt empty, deflated, and tired from constantly chasing stability and status. $4 Plus, we spoke with an executive coach, who details the $4
4. Demand for the iPhone 13 is falling. Apple told suppliers that demand has slowed ahead of the holidays — and it's already cut its production target for 2021 by as many as 10 million units, Bloomberg reported. $4
5. The chief executive of online-mortgage startup Better explained major layoffs to staff before the holidays. A leaked video of Vishal Garg shows how he said the company should have made the cuts "three months ago." $4
6. The most-used emoji of 2021 has been revealed. Despite $4 by Gen Z, the laugh-crying emoji was this year's most popular emoticon. $4
7. Grocery delivery startup 1520 has shut down. The New York-based company shuttered after burning through cash and failing to sell to rival Jokr — which $4 from Tiger Global, GGV, and other investors. $4
8. Nearly half of the Mustangs Ford sold in November were electric. Last month, the company sold just over 3,000 of its Mustang Mach-E, its first modern electric vehicle. $4
9. Tesla is selling a $1,900 quad bike for children. Tesla's website says the ATV — which resembles $4 — is suitable for children aged 8 and up, but that it can't guarantee orders will arrive in time for the holidays. $4
10. Even Jack Dorsey's rebranded crypto company is getting in on the craze for tungsten cubes. In its rebranding announcement, Block — formerly Square — briefly referenced tungsten cubes, the super-heavy metal blocks that cost up to $3,500. $4
The latest people moves in
- The chief revenue officer of $9 billion cybersecurity firm Tanium is leaving. $4
- Facebook's head of cryptocurrency is $4
- Bret Taylor is now $4, after being appointed to chairman of Twitter's board.
- Jack Dorsey stepped down $4 Twitter veteran and CTO $4 is taking his place.
- Apple lost one of its top car hardware engineers to $4
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Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb>$4.) Edited by Michael Cogley in London.