Hi! Welcome back to
On the agenda today:
Elon Musk 's outbursts could mean $4.- Roku employees are starting to wonder: $4?
- Own a share of a vacation or single-family home through these $4.
- SoftBank's View went from investor darling to one of the $4.
But first: Let's hear what Insider's Eric Bates has been up to. He joined us last year after a storied career at magazines such as Rolling Stone and Vanity Fair, and his work as an editor has won many of journalism's top honors, including seven National Magazine Awards and the Pulitzer Prize for Features. Now, he heads our $4. So without further ado …
New to the
A note from the Discourse desk>$4>$4
I'm Eric Bates, the editor of Insider's new $4. Our stories usually blend a lot of elements: big ideas, personal observations, data analyses, and good old-fashioned reporting. Some are essays or explainers; others are profiles or features. But whatever the subject or style, we aim to make them all smart, incisive, fair, and compelling. When they work best, they make you think about something in a whole new way.
If you read this newsletter regularly, you've probably seen a lot of our work. We've done some deep dives into fascinating issues and trends, including the $4 and the $4. We've exposed a wide range of scams, including $4, $4, and $4. We've delved into true-crime tales, such as the $4 And one of our stories — Jack Hitt's essay on $4 — just received the New York Press Circle Award for Best Commentary.
We've assembled a team of top-notch editors and writers who bring a wealth of experience to our stories. So keep an eye out for us over the summer — we've got a lot of incredible stories in the works that I think you'll enjoy.
And on that note: The $4 in today's newsletter comes from the Discourse team's Linette Lopez.
Elon Musk's rants could signal a bigger problem>$4
Musk has been talking about a lot of stuff lately: Twitter bots (an issue the company $4 it'd try to work on with him), President Joe Biden, a looming recession, and the supposed evils of working from home.
But Linette Lopez, a senior correspondent at Insider, says all of Musk's recent outbursts are simply misdirections that point the public away from underlying problems with Tesla.
Read the full story here:
Could Netflix buy Roku?>$4
Inside Roku, a video-streaming platform operator that's suffered a punishing stock plunge in recent months, employees are buzzing about the possibility of an acquisition by Netflix.
And Roku workers aren't the only ones chattering about a deal: Experts told Insider that as Netflix looks to introduce advertising to its services, buying Roku could be an auspicious move.
Read the full story here:
Nab some real estate with these co-ownership companies>$4
A trend of "fractional ownership" allows almost anyone to purchase or invest in real estate. Properties listed in locations such as Manhattan, California, Florida, and Mexico have been "selling out in less than 24 hours," one CEO told Insider.
But critics say these are merely timeshares masquerading under a new, fancy name. Still, these companies offer a low-barrier entry. Others ask for only a $100 contribution. Could you have your slice of pie and eat it too?
Read the full story here:
'Another SoftBank-backed company is imploding' >$4
The smart-glass company View is becoming a cautionary tale that highlights the inherent risks in the SPAC market. Insiders, including former employees and bankers, told us that "the company burned cash and struggled with product failures for years."
Employees pulled back the curtain on the company's work culture, where the CEO has been dubbed "Chairman Rao." View is now involved in a pending class-action lawsuit and runs the risk of being delisted by Nasdaq.
Read the full story here:
This week's quote:
"Clark was brilliant, but he was soulless, like a machine, ruthless in a certain sense, and didn't have the human-connection part."
- A former Amazon VP on Dave Clark, $4.
More of this week's top reads:
- Following allegations of misconduct reported by Insider, a top Microsoft executive $4.
- Want a part-time job? In corporate America, that's going to be $4.
- These $4 are changing how brands operate and customers shop.
- Bank of America executives discuss how the $4 are going.
- YouTube pastors $4.
- Stablegains customers lost upward of $40 million by $4.
Plus: Keep updated with the latest business news throughout your weekdays by checking out $4, a dynamic audio news brief from the Insider newsroom. Listen here tomorrow.>$4
Curated by Lisa Ryan. Edited by Jordan Parker Erb, Sarah Belle Lin, and Hallam Bullock. Sign up for more Insider newsletters here.>$4