Microsoft instructed managers to give fewer "exceptional rewards." We've got the leaked email.
BlackRock is wrestling with who could succeed Larry Fink. Here's who's in the running.
But first: I break down some of our most recent award-winning journalism below.
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Award-winning work
Insider won in seven categories at the New York Press Club Awards last week. Here's a recap of some of our award-winning journalism:
After just three years, the metaverse has died — and ChatGPT killed it.
It was once the buzzy obsession of the tech world, Ed Zitron writes. But a lack of a coherent vision for the product put it on a downward trajectory. Then, when the next big wave of excitement washed over the industry — generative artificial intelligence — the metaverse's fate was sealed.
Despite its short life and ignominious death, the metaverse offers us a glaring indictment of the industry that birthed it.
At the start of the COVID-19 pandemic, rents were in free fall as people fled crowded urban centers. But almost as quickly as they fell, prices began soaring again.
Residents are now asking the question: If so many people left, why is my rent still so expensive? New research has a startling answer: People got sick of living with each other.
An internal email from CEO Satya Nadella showed Microsoft planning to halt raises and cut its bonus and stock-awards budget.
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In a separate leaked email, Microsoft's chief people officer, Kathleen Hogan, instructed managers to give fewer employees "exceptional rewards," adding that "more will need to be at the middle of the range."
How rich Americans give homes to their children and save big on estate tax.
Curated by Matt Turner. Edited by Hallam Bullock and Lisa Ryan. Get in touch: insidertoday@insider.com
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