A Davos download on everything we heard and saw during a busy week in the Alps
Jan 26, 2025 - businessinsider.com
The article is a Sunday edition roundup from Business Insider, highlighting key stories and insights from their newsroom. It discusses how an IT worker leveraged middle-management roles to build wealth and retire early by pursuing side hustles. The edition covers various topics, including TikTok's brief shutdown and return, Trump's integration of DOGE into the White House, and the ongoing corporate focus on diversity, equity, and inclusion (DEI) despite some rollbacks. Additionally, it features a report from the World Economic Forum in Davos, where Business Insider's team engaged in discussions on AI, social media, and other trending topics.
The newsletter also touches on predictions for the next tech unicorns using an AI model by TRAC, and includes a quote from a federal employee about Trump's return-to-office mandate. Other notable mentions include the future leaders of Goldman Sachs, a trade-secrets dispute in alternative data, and the SEC's new crypto task force. The edition concludes with insights into the changing social scene in Palm Beach under Trump and the administration's plans to reduce the federal workforce.
Key takeaways:
An IT worker attributes his wealth and early retirement to staying in middle-management, allowing time for side hustles.
TikTok experienced a temporary shutdown following a Supreme Court opinion, causing uncertainty among creators and partners.
President Trump integrated DOGE into the White House, altering its initial independent operation plan.
JPMorgan and Costco are defending their DEI initiatives despite broader rollbacks in the federal workplace and other companies.