Tech: Don’t compare Tesla to Apple

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10 THINGS IN TECH

We made it to Friday, readers. I'm getting ready to move to San Diego this weekend. It seems like lots of people are moving around right now — especially within the tech industry, particularly in terms of their jobs. I'm Diamond Naga Siu, and today, we're looking at where tech workers are getting hired.

Startups originally saw last year's hiring freezes and layoffs as a chance to snag top talent. But as the excitement dies down, so does interest to hire them. Startups and Big Tech have major cultural differences, according to some startup founders. But that isn't the only reason why founders are worried about hiring workers who were cut from Big Tech companies: What if they were laid off for underperformance? 

But never fret. My colleague Rebecca Knight and I found that tech jobs remain abundant — they just aren't necessarily in the tech industry. Recruiters and career coaches told us their top tips to get hired. Now that you know where to look for a job, let's catch up on today's tech.


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Elon Musk peeking out from an Apple Logo

1. Tesla ≠ Apple. Elon Musk ≠ Steve Jobs. Cars ≠ iPhones. Many industry experts are quick to compare Tesla to Apple and Musk to Jobs. But the math isn't mathing when you look beneath the surface of the companies and their leaders.

  • Tesla and Apple are both big, splashy names. But they're competing in entirely different markets with incomparable conditions. Apple, for example, holds more than half the market share in the US. But the car company with the largest market share in the world only hovers around 10% (and that's Toyota, not Tesla).
  • As leaders, too, Musk and Jobs have shepherded their prized products very differently. Jobs protected the iPhone at all cost, while Musk is busy tweeting on his new platform, for better or for worse.
  • My teammate Asia Martin breaks down why a car simply cannot be an iPhone — beyond not being able to drive a phone.

Dive into the breakdown here.


In other news:

sam bankman fried sbf mit class ring brass rat thumbnail skitch

2. Sam Bankman-Fried has a really big team and he needs some really big rings. Insider dug through troves of Bankman-Fried media appearances to figure out what his favorite statement piece is. An NBC interview cracked the code for us. Follow the trail with us here.

3. Cutting the Slack at Salesforce. Less than two years after acquiring Slack, Salesforce is cutting around 10% of the messaging platform's employees amid its broader layoffs. People familiar with the matter told Insider that product and engineering are being targeted. More on the layoffs here.

4. Google founder Sergey Brin loves his water toys. He's been building out a collection of yachts, boats, and jet skis over the years. Brin's inner circle dubs it his "Fly Fleet." Check out the flotilla's specs and pics here.

5. Political advertisers are cautiously keen to flock back to Twitter. Political ads have been banned for nearly three years from the social media platform. Elon Musk announced plans to reverse this rule amid a recent exodus of advertisers after his takeover. This is what political advertisers are looking out for.

6. Google Search's first real competition in a long time. Many people have complained about Google but nobody has been able to legitimately challenge its dominance. Enter Microsoft's Bing, which plans to integrate ChatGPT with its search engine. Experts say it could be Google's first real rival. Inside Microsoft's coup here.

7. Compass announces the third round of layoffs within one year. Robert Reffkin, the CEO of Compass, emailed his staff on Thursday to announce a third round of layoffs. This time, he plans to cut 10% of the brokerage. Read his full email here.

8. Twitter stinks — literally. Twitter workers are begging Elon Musk for toilet paper. After Musk decided not to renegotiate the contracts of facilities maintenance workers in Twitter's New York office, employees told Insider the place now reeks from unclean bathrooms and several clogged toilets. More on the funky situation here.


Odds and ends:

P2 speeder (seating)

9. It's a bird, it's a plane — it's a flying motorcycle. This flying motorcycle is powered by eight jet engines and can reach 200 mph. Mayman Aerospace created the P2 Speeder, and we got a look at this futuristic ride. Check out (hopefully) my new whip here.

10. Everything you need to know about the latest Kindle. The Amazon Kindle is the gold standard of e-readers, and this latest model continues that trend. It boasts 16GB of storage with a high-res display and long battery life. Get the full plot here.


The latest people moves in tech:


Curated by Diamond Naga Siu in New York. (Feedback or tips? Email dsiu@insider.com or tweet @diamondnagasiu) Edited by Matt Weinberger (tweet @gamoid) in San Francisco and Hallam Bullock (tweet @hallam_bullock) in London.

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