- What happened last week? Elon Musk said he would give a $ 100 million prize for a project.
- Former Fox News presenter Shepard Smith said he did not “know how some people sleep at night”.
- PayPal reportedly removed a fundraiser from Jenna Ryan, who was arrested after the Capitol siege.
- Visit the Business Insider home page for more stories.
What happened last week?
Broadcasting legend Larry King died on Saturday in Los Angeles after a career spanning 60 years and about 40,000 interviews on camera. He would have fought the coronavirus. Over the years, he has spoken to many of the world’s most important business leaders.
Here are three other business stories that you may have missed in the past week.
Elon Musk offered a $ 100 million prize
Elon Musk.
Maja Hitij / Getty images
SpaceX and Tesla CEO Elon Musk on Thursday announced a $ 100 million prize for those who create the “best” carbon capture technology.
—Elon Musk (@elonmusk) January 21, 2021
His announcement was light in detail, but Musk said he would have more to say “next week”.
Read more: Elon Musk says he will invest $ 100 million in carbon capture technology. VCs, including Vinod Khosla, told us that these 4 startups are leading the way.
Shepard Smith released on Fox News
Shepard Smith.
Steven Ferdman / Getty Images
Former Fox News presenter Shepard Smith, who now has his own program on CNBC, spoke on Tuesday about his former employer. The network may have given viewers “wrong information or misinformation,” he said, but he was “there to make sure they got it right.”
“I slept very well,” said Smith. “I don’t know how some people sleep at night, because I know that there are many people who have spread the lies and pushed them over and over, who are smart and educated enough to know more.”
Read more: Trump administration officials are being despised while looking for jobs. A recruiter tried to place 6 of them and failed to get an interview.
PayPal reportedly removed a fundraising campaign for the legal defense of Capitol Hill
Jenna Ryan.
CBS 11
PayPal reportedly removed a fundraiser from Jenna Ryan, a Texas real estate agent who flew in a private jet to join the Capitol riot. She said on Twitter that she raised $ 1,000 for her legal defense, before PayPal allegedly removed her fundraiser.
“PayPal has a policy that allows funds to be collected for legal defense purposes,” said a PayPal spokesman. “PayPal scrutinizes accounts and, if we find that the funds are used for something other than legal defense, the account will be subject to immediate closure. We can confirm that the account in question has been closed. “
Saturday afternoon, Ryan said in Twitter, “Who runs your business? Are you run by trolls?”
She added, “I think the trolls are running their company. Weird weird weird weird.”
Read more: Congresswoman Rashida Tlaib explains why she is calling on progressives to fight calls for new government surveillance powers after the attack on the Capitol
ICYMI
The Olympics are scheduled to start on July 23.
Eugene Hoshiko
Despite rumors that the 2020 Summer Olympics would be postponed, Japanese officials said on Friday that the games would take place as planned, according to The Associated Press.
“Categorically false,” said a Japanese official, by AP.
The games are scheduled to start on July 23, 2021.
Here’s what happened last week. See you next week.