Technology billionaires and media moguls will land in Sun Valley, Idaho this week

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Welcome readers. Jordan Parker Friday takes you to the annual “Summer Camp for Billionaires” and shares his latest place in technology with the “Vibus Director”.

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Cheryl Sandberg Mark Zuckerberg Facebook

Cheryl Sandberg Mark Zuckerberg Facebook

Kevin Dietsch / Getty Images

1. “Summer Billionaires Camp” begins today. Some of the most influential people in tech and media will be visiting the Sun Valley Conference, Industrial Mogas, and greetings in the small town of Idaho this week.

  • Over the years, the conference has been the backbone of a number of major media mergers.

  • According to various reports, Twitter CEO Parag Agrawal and Elon Musk have been invited this year, as well as Meta Mark Zuckerberg and Cheryl Sandberg. Also on the list are Slack, YouTube and Spotify Execs. Neither Jeff Bezos nor Rupert Murdoch.

  • Last year, the FAA had to delay incoming flights, as Sun Valley Airport was flooded with private jets.

See what the conference is about.

In other news:

Tesla Shanghai Gigabitry Aerial View March 29, 2021 in Shanghai, China.

Tesla Shanghai Gigabitry Aerial View March 29, 2021 in Shanghai, China.

Tesla Shanghai Gigabitry Aerial View March 29, 2021 in Shanghai, China.Xiaolu Chu / Getty Images

2. Fifteen black workers sue Tesla. Citing racial harassment, current and former employees say the car has created a racist work environment in the factories. One plaintiff claimed to have been employed and was told to “be a firm man” – this is what we know so far.

3. Web 3.0 companies are dumping corporate culture managers on “Vibrations directors.” How did you get the insider’s work (and what exactly does it mean), what is needed to control an organization’s vibrations, and why is it more important than ever to keep vibrations at bay?

4. Crypto lender Celsius is reportedly laying off 150 employees. According to the calist, the company could now go bankrupt due to “extremely difficult market conditions.” Goldman Sachs reports that he wants a $ 2 billion deal to buy Celsius’s assets.

5. Freelance Virtual Assistant shares how to stay organized. Hannah Dixon became a virtual assistant nine years ago and is now working on six figures. From “I First” days to technology tools like Trello, she has shared three ways to stay on track.

6. Elon Musk is back in line. After a secret nine-day tweet, Mack broke the silence, announcing some private conversations and that he and his four teenagers had met Pope Francis.

7. Internal Amazon documents show a new policy that prohibits employees from stocking during breaks. Some workers and union leaders have told Esider that the new policy could restrict union organizing. How the policy disrupts the union.

8. GM is only running 12 electric hybrids a day. A list of 77,000 buyers is pending, but the Detroit Factory is producing the car at an extraordinary rate, reports The Wall Street Journal. Why is the Hummer EV taking so long?

Opportunities and endings fall-

Apple and Apple chargers on a blue background.

Apple and Apple chargers on a blue background.

oasisamuel / Shutterstock

9. The new Apple watches can tell you you have a fever. According to Bloomberg’s Mark Gurman, it will be added to both the standard 8 model and the more difficult counterparts, each coming later this year. This is the latest.

10. Tesla recorded the fastest model S Ply. The video shows Tesla hitting 216 miles per hour by hacking software. Check out Tesla, the fastest.

What we are seeing today is:

  • Special Purchasing Company I2PO expects to complete its business with music streaming company Dieser.

  • The annual Allen & Company Sun Valley Conference begins today.

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Produced by Jordan Parker Friday in New York. (Feedback or Tips? Email jeb@insider.com Or tweet @jordanparkererb.) Edited by Halam Bullock (Twitter.) @hallam_bullock) In London.

Read the first article on Business Insider



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