Tech cheating — Yankees dealmaker — Coolest EVs

 
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INSIDER WEEKLY
 
 
 
 

Hi, I'm Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Weekly, a roundup of some of our top stories. I hope you had a chance to see in the New Year in style. 


On the agenda today:

But first: Now that it's 2023, I want to share some of the things I'm personally fascinated with that I think will be big themes for the year ahead. 

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3 big themes for 2023

China tensions: The fate of the world economy may depend on what happens to a company in Taiwan most Americans have never heard of. Without radical changes, TikTok could vanish from the US. The renewed "Made in America" trend is going to make things like clothing and electronics more expensive. These are all huge storylines for 2023 driven by increasing tensions between China and the US. 

Abundance agenda: While many one-off purchases have gotten less expensive over time (think a new car, TV, or computer), recurring costs like college tuition, healthcare, housing costs, childcare, energy, and food, have increased in the US.  

The abundance agenda posits that the US (and much of the Western world) has the ability to change course if it makes it easier to invest in these long-term goals: to train more doctors, build more houses, and develop renewables. I'm fascinated to see whether this argument gains momentum in 2023. 

Tech discipline: The cushy perks of tech work are disappearing. Big tech companies are making their performance reviews tougher. Tech founders are applauding Elon Musk's brutal crackdown at Twitter and may look to follow suit

Silicon Valley's newfound financial discipline will continue into 2023, likely leading to more moon shots getting killed, startups going under, and more consolidation and take-private deals

I'd love to hear from you. What do you think are the big themes that will shape 2023?  You can reach me at mturner@insider.com.

Now for this week's stories…


Inside 'exam dumps'

A figure standing in front of a large computer window with a test surrounded by a handful of smaller computer windows with the letters on them

Companies from Salesforce to Amazon Web Services use technical certifications to prove that workers are competent with certain software tools. But with a quick Google search, tech workers can access "exam dumps," or answer keys to the exams. 

We spoke with a tech worker who used "exam dumps" early in their career to pass the technical certifications. They said that while they probably wouldn't have passed without cheating, they now see the practice as harmful.

Here's what the tech worker told us.

Read more:


Dealmaker for the Yankees and Ben Affleck

A photo of Gerry Cardinale, wearing a blue button down shirt, a navy sweater, and grey pants, leaning against a table in RedBird's conference room that is decorated with football helmets.

In 2009, Goldman Sachs' then-CEO Lloyd Blankfein made dealmaker Gerry Cardinale turn down the chance to buy a majority stake in the Liverpool soccer club. So Cardinale started thinking about leaving the bank to hang his own shingle.

In 2014, he launched RedBird Capital. Now he's a go-to dealmaker in sports and entertainment with $7.5 billion in assets. He bought the soccer club AC Milan in August and graced the stage of The New York Times DealBook conference alongside his business partner Ben Affleck.

Here's how he got to this point.

Read more:


How to navigate the stock market this year

new york stock exchange traders

Most investors are betting that the US will enter a recession at some point in 2023. To help make it through the downturn, Insider created a guide to what top analysts and firms are expecting for 2023, complete with stories that address investors' biggest questions.

From how to improve your investing strategy this year to where to invest and which stocks to buy, we've got everything you need to know for the year ahead.

Check out our comprehensive guide.

Read more:


The coolest electric cars hitting streets next year

The Hyundai Ioniq 6

Tons of new electric models have exploded onto the scene in recent years — and with several automakers planning to unleash new EVs in the coming year, 2023 will be no different.

From the outrageously large GMC Hummer EV SUV (which costs $106,000) to the futuristic Polestar 3, there will be no shortage of sleek new electric vehicles in the new year. 

See all the EVs you'll have to choose from.

Read more:


This week's quote:

"I do limb-lengthening reconstruction, not that bullshit cosmetic limb-lengthening." 

  • Dr. S. Robert Rozbruch, a surgeon who performs 350 to 400 limb-lengthening surgeries and deformity corrections a year. Read his story here.

More of this week's top reads:


Curated by Matt Turner. Edited by Jordan Parker Erb and Lisa Ryan. Sign up for more Insider newsletters here.

 
 
 
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