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Peter Thiel's grudge match with Silicon Valley reflects the tech industry's civil war

Alexei Oreskovic   

Peter Thiel's grudge match with Silicon Valley reflects the tech industry's civil war

Hello, and welcome to the Wednesday edition of Insider Tech's newsletter, where we break down the biggest news in tech.

To subscribe to this newsletter click here , and you'll be well informed of all the latest developments — from the serious to the absurd — that make tech such a fascinating business.

This week: Peter Thiel's grudge match with Silicon Valley and the tech industry's civil war

It often feels like we're living in a multi-screen world these days with big political scandals, pandemics, and natural disasters all happening at the same time and competing for our limited attention.

Now, this surfeit of simultaneous major news is trickling into the tech industry. The past week has provided a dizzying dose of developments in the world of tech — and as you can see, things are getting more contentious.

Stay tuned for: Elon Musk's cyborg Friday!

Elon Musk's Neuralink, which is developing chips that go into people's brains, is scheduled to give the first live demo of a working device on Friday. At least, that's what Musk tweeted. Your guess is as good as anyone's about what he has in store for us. Will this live demo involve a chip implanted in a chimp? A human, or, perhaps more accurately, a cyborg?

The only thing certain is that we'll be covering it at Business Insider, so tell Siri to remind you to visit our site on Friday morning.

Snapshot: Apple's floating store

If you find yourself in Singapore in the future, you'll want to check out Apple's wild-looking new retail store. It's round, it's big, and it floats. Apple hasn't given an opening date yet, other than "coming soon," but based on recent pictures, it looks like it should be opening soon — coronavirus permitting, of course.

Sound bite of the week:

"We're not in a good M&A environment, I just don't see it. Things always are changing but I think this isn't part of our plan right now, we don't see that."

Salesforce CEO Marc Benioff on the company's quarterly earnings call on Tuesday, when asked about a potential TikTok acquisition and what it might mean for broader M&A activity.

Recommended Readings:

Revealed: How much 12 unicorns such as Airbnb, Stripe, Robinhood, Palantir, pay their software engineers and other tech workers

Amazon's big shakeup: Jeff Bezos's No. 2 leaves, and the top leadership circle adds its first Black woman — here's the full list of Bezos's 'S-team'

Hot email startup Superhuman is looking to reinvent calendars and scheduling to take the busy-work out of email

Four Microsoft summer interns explain what it was like to be part of the $1.6 trillion tech titan's largest-ever cohort as it went entirely virtual

Several Google products are close to joining the billion-user club. Here are Google's biggest money makers with 1 billion users, and the products that could be next.

Not necessarily in tech:

Inside the drama at Blackstone's $129 billion credit division, where pay changes, PR black eyes, and disapproval of its internal hedge fund preceded an exodus in distressed trading

That's it for this week. Thanks for reading, and if you like this newsletter, tell your friends and colleagues they can sign up here to receive it.

— Alexei


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