In tech news, Apple has overtaken Samsung as the top smartphone seller, Microsoft's CEO has expressed a desire for stability at OpenAI, and Google is laying off more employees in its ad-sales team. In business, the newsletter discusses the impact of the aging boomer generation on the housing market, issues with Boeing's 737 Max 9 jets, and the uncertainty surrounding the success of the NFL's first streaming playoff game. Other news includes Nikki Haley's political future, the implications of AI on workers, and Mark Zuckerberg's long-term bet on the metaverse.
Key takeaways:
- TRAC, a San Francisco-based early-stage venture firm, has identified a group of 287 investors known as "SuperForecasters" who have a strong track record for successful early-stage investing.
- Jim Chanos, a famous short-seller, has criticized Elon Musk for requesting more control at Tesla, calling it "outrageous".
- Apple has ended Samsung's 12-year run as the top smartphone seller in the world, according to shipment data.
- Google is laying off hundreds more employees, particularly in its ad-sales team, according to a leaked memo.