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David Ellison shakes up Paramount’s data and insights team as his tech vision comes into focus

David Ellison
David Ellison’s Paramount Skydance is putting data and insights front and center.
  • David Ellison is making data a key pillar of Paramount Skydance.
  • Paramount is broadening the scope of Jason Kim, head of streaming data and insights.
  • The move shows how Ellison is trying to remake Paramount into a tech-first company.

David Ellison is showing that his tech-first vision for Paramount Skydance isn’t just talk.

Ellison is taking his data-focused strategy to a new level by elevating Jason Kim, Paramount’s EVP of data and insights, to oversee data for the entire company, instead of just the direct-to-consumer division.

The change was announced by Domenic DiMeglio — who heads up marketing as well as data and insights for Paramount’s streaming division — in a Thursday afternoon staff meeting, a recording of which was obtained by Business Insider.

Kim’s increased remit comes a day after Ellison, Paramount’s CEO, met with company leadership in its New York offices.

“It’s a wonderful opportunity for Jason — and for the team overall — to start playing a bigger role for what’s happening at Paramount as we move forward,” DiMeglio said in the meeting.

DiMeglio added that Kim’s bigger role is part of “David’s vision of trying to transform ourselves into being a tech-first media company — and, really, the most tech-forward media company in this space.”

Ellison has remade Paramount in other ways since taking control of the company in August, including securing US UFC rightshiring Bari Weiss to lead CBS News, and attempting to buy Warner Bros. Discovery.

While Paramount already had data and analytics teams across the company, it now has a new point person to oversee those efforts.

“I would hope and expect that, little by little, we’re going to bring those silos down,” DiMeglio said. He added it’s “not easy work.”

Dane Glasgow, Paramount’s chief product officer, said in an email to employees that “these updates are part of a broader effort to focus our investments, reduce fragmentation, and move faster as one team.”

Paramount’s streaming team has become familiar with change. Last week, Paramount’s streaming product and tech chief, Vibol Hou, told colleagues he was leaving at the end of January, Business Insider reported.

“You could probably sense that there’s been some musical chairs stuff going on within the organization at large,” Kim said. “And that’s not unique. That’s sort of true of any company that’s undergoing a large-scale organizational transformation, like the one that we’re in the midst of now.”

Continuing the musical chairs analogy, Kim said that this change signals that “this is our chair — we’re here to stay.”

Although Paramount laid off about 1,000 employees in October, a few months after its Skydance merger closed, Kim downplayed the idea that this data and insights shake-up signals that more cuts are ahead.

“I don’t think our scope is going to get smaller here. It is only going to get larger,” Kim said. “And I think those are all exciting tailwinds for us as a team.”

Kim added that “there might be more consolidation in the future, but that’s going to be into our team.”

Two Paramount employees in the meeting told Business Insider they were happy to hear about the change.

“It is exciting, given that we will have a lot more visibility than we used to,” one employee on this team said.

Another staffer said this change indicates that Paramount is “somewhat serious about the ‘tech’-ification of the company.”

Read the original article on Business Insider

Elon Musk says it’s ‘highly likely’ humans figure out how to reverse aging — but there’s ‘some benefit to death’

Elon Musk attends 56th annual World Economic Forum meeting in Davos
Elon Musk attended the 56th annual World Economic Forum on Thursday.
  • Elon Musk said aging is a “very solvable problem” at the World Economic Forum on Thursday.
  • As people live longer, Musk said, we might risk an “ossification of society.”
  • “It may become stultifying. A lack of vibrancy,” Musk said.

Elon Musk says he thinks aging will one day be solved.

The world’s richest man said getting older was a “very solvable problem” during a conversation with BlackRock CEO Larry Fink at the World Economic Forum on Thursday.

“When we figure out what causes aging, I think we’ll find it’s incredibly obvious. It’s not a subtle thing,” Musk said. “The reason I say it’s not a subtle thing is because all the cells in your body, you know, pretty much age at the same rate. I’ve never seen someone with an old left arm and a young right arm ever in my life, so why is that? There must be a clock that is synchronizing across 35 trillion cells in your body,”

But Musk, the CEO of Tesla and SpaceX, said there would be some downsides to longer lives.

“You know, there is some benefit to death, by the way. There’s a reason why we don’t actually have a longer lifespan, because if people do live for a very long time, I think there’s some risk of an ossification of society. Of things getting locked in place,” he said. “It may become stultifying. A lack of vibrancy, but that said, do I think we’ll figure out ways to extend life and maybe even reverse aging? I think that’s highly likely.”

Musk’s surprise appearance was his first time onstage at the World Economic Forum, which he’d previously called “boring af.” His conversation with Fink was wide-ranging, but didn’t reveal much new information.

Dozens of political and business leaders from across the globe gathered in Davos, Switzerland, this week to attend the World Economic Forum. The guest list included President Donald Trump, who made his case for the US to annex Greenland and the US’s economic agenda during his address on Wednesday.

Trump’s push for Greenland has rattled European leaders and the US markets. It’s also shocked Greenlanders, who have spoken against the annexation and the Trump administration.

“We’re not for sale,” one resident said.

Trump said the US would not use military force to take Greenland, but has leveraged tariffs against European countries in his campaign.

The weeklong event ends on Friday with closing remarks from WEF President Børge Brende and Saudi Arabia’s Minister of Economy and Planning.

Read the original article on Business Insider

Davos recap: Elon Musk talks robot-powered future, robotaxi rollout in first-ever Davos appearance

Elon Musk Davos
Elon Musk Davos

If Wednesday was Trump day at the World Economic Forum, then Thursday was all about Elon Musk.

Musk, the world’s richest person, made his first-ever appearance at Davos, taking the stage in conversation with Larry Fink, the WEF’s cochair.

We’re bringing you live updates from Musk and the rest of Davos here. Follow along for the latest.

That’s it for our Davos liveblog!

On Thursday, we got to see Elon Musk grace the stage of the World Economic Forum for the first time. He didn’t make much of a splash.

Earlier in the day, California Gov. Gavin Newsom said he was “living rent-free in Trump’s head,” and Business Insider’s Dan DeFrancesco got turned away from a cloakroom for not having sufficiently high WEF status.

On the geopolitical front, Ukrainian President Volodymyr Zelenskyy asked businesses to open offices in his country and got two standing ovations, while Trump formally launched his Board of Peace.

Business Insider won’t be liveblogging on Friday as Davos wraps up around midday local time.

So that’s it.

Goodbye, and thanks for reading!

What we learned from Elon Musk’s surprise appearance at Davos: not much
Elon Musk Davos
Elon Musk Davos

Elon Musk once called Davos “boring af.” After his first appearance, some attendees might agree with him.

The billionaire took to the stage at the World Economic Forum in a surprise appearance on Thursday for an interview that touched on many points of his sprawling business empire — but offered few new details.

Read full story

Bank CEOs used Davos to question Trump’s credit card cap plan
Goldman Sachs CEO David Solomon
Goldman Sachs CEO David Solomon said AI will enable the bank “afford more high-value people.”

The CEOs of three major banks — Citi, JPMorgan, and Goldman Sachs — made clear their feelings about plans to cap credit card interest rates at 10%.

Their feelings: pretty negative.

Read full story

Japan’s bond-market rebellion is a warning sign that the US needs to shape up its finances: hedge fund titan

The bond vigilantes could make a comeback soon.

That’s the big message Citadel CEO Ken Griffin thinks the US got this week.

Speaking to Bloomberg on the sidelines of the World Economic Forum on Wednesday, Griffin pointed to the sharp sell-off in Japan’s bond market as investors balked at a potential pause on food taxes, a policy proposal that caused the nation’s 40-year government bond yield to hit a record high.

Read full story

Trump’s 29-hour flying visit
President Donald Trump waves prior to stepping onto Air Force One as he departs Zurich International Airport after attending the World Economic Forum, Thursday, Jan. 22, 2026, in Zurich, Switzerland.

Speaking of Trump’s journey home, Air Force One took off from Zurich Airport at 5:37 p.m. local time (11:37 a.m. ET).

Trump’s convoy was seen earlier driving away from Davos before Elon Musk’s speech.

From touchdown to take off, the president spent about 29 hours in Switzerland.

Davos is starting to wind down

With Musk’s appearance over and Trump on his way back home, we’re coming into the final stretch of the 2026 World Economic Forum. Private events and cocktail parties will continue long into Thursday night, but there are only a handful of talks and discussions left today, and just a few more scheduled on Friday morning.

Things will officially wrap up with closing remarks from the WEF President Børge Brende and Saudi Arabia’s Minister of Economy and Planning at midday tomorrow.

Musk played many of his greatest hits

In his 30 minutes onstage, there wasn’t a whole lot from Musk that we haven’t heard before. He talked about his vision for a robot-powered future, plans to go to Mars, and the rollout of Tesla’s robotaxis.

Whether he has any further engagements at Davos is currently unclear.

We come to the end of Musk’s appearance
Elon Musk Davos
Elon Musk Davos

“I would encourage everyone to be optimistic and excited about the future,” he says.

“For quality of life, it is actually better to err on the side of being an optimist and wrong rather than being a pessimist and right,” he says to laughter.

And with that, Musk’s first time at Davos comes to an end.

Musk gets a laugh from the audience

“People ask me do I want to die on Mars, and I’m like ‘yes, but not on impact.'”

‘5 years from now, AI will be smarter than all of humanity collectively’

“The rate at which AI is progressing, I think we might have AI that is smarter than any human by the end of this year, and I would say no later than the end of next year.”

Musk moves on to robotaxis
The Tesla Cybercab
Tesla’s fully autonomous Cybercab is expected to begin volume production in April. The design Elon Musk unveiled in October 2024 doesn’t have a steering wheel or brake pedals.

“Tesla has rolled out a robotaxi service in a few cities, and it will be very widespread by the end of this year within the US,” he says.

Musk says Tesla hopes to get approval for its robotaxis in Europe next month. He doesn’t specify where.

Optimus robots will be on sale to the public by the end of next year, Musk says

“Humanoid robotics will advance very quickly. We do have some of the Tesla Optimus robots doing simple tasks in the factory,” Musk says.

“By the end of this year, I think they will be doing more complex tasks, but still deployed in an industrial environment,” he adds.

“By the end of next year, I think we’ll be selling humanoid robots to the public. That’s when we are confident that it’s very high liability, very high safety, and the range of functionality is high.”

Musk said in 2024 that he wanted to sell Optimus in 2026.

Fifteen minutes in, it isn’t entirely clear why Musk came to Davos. So far, his comments are mostly familiar.
Fink asks Musk if he wants to solve human aging

“I do think it is a very solvable problem,” he says.

“When we figure out what causes ageing, I think we’ll find it’s incredibly obvious.”

Stopping aging isn’t necessarily a good thing, he adds.

“There is a reason we don’t have a longer life span. There is some risk of an ossification of society, of things getting locked in place.”

Almost everyone on the planet will have a robot, Musk says
Elon Musk Davos
Elon Musk Davos

“We will actually make so many robots and AI that they will actually saturate human needs.”

“My prediction is that there will be more robots than people.”

“Who wouldn’t want a robot to, assuming it’s very safe, watch over your kids, take care of your pets?”

Musk quickly turns to AI and robotics, saying they will lead to a huge economic boom

“If we have ubiquitous AI, which is essentially free or close to it, and ubiquitous robotics, then you will have an explosion in the global economy that is truly beyond all precedent.”

”I’m often asked: ‘Are there aliens among us?”’

“And I say, I am one, but they don’t believe me. If anyone would know if there were aliens among us, it would be me.”

Musk starts with a joke

“I heard about the formation of the peace summit. And I was like, is that piece? A little piece of Greenland. A little piece of Venezuela,” Musk says after Fink mentions Greenland.

Not many laughs for that one.

Musk and Larry Fink arrive onstage to muted applause
Elon Musk Davos

“That was not a large applause. Start again,” Fink tells the audience.

Musk is scheduled to speak for 30 minutes

Yesterday, President Donald Trump was on the agenda for 45 minutes, and ended up speaking for nearly 90 including his brief Q&A with WEF President Børge Brende.

There is an interesting energy in the room prior to Musk’s speech

Lots of smiles and small talk. Like a bunch of kids happily discussing their summer plans on the last day of school.

And why shouldn’t they? After all, for many, the crisis had already been averted over the past 24 hours. A Greenland deal was cut, and many were feeling optimistic about the future.

Musk asks X followers what to talk about
Hype is building inside the Congress Hall
A view from inside the Congress Hall at Davos ahead of Elon Musk's appearance.
We spoke to 3 robotics experts at Davos. They said this was the next big challenge for humanoid robots.
Business Insider editor in chief Jamie Heller and Jake Loosararian, the CEO of infrastructure startup Gecko Robotics.
Business Insider editor in chief Jamie Heller and Jake Loosararian, the CEO of infrastructure startup Gecko Robotics, at Davos.

Humanoid robots can do kung-fu and parkour. But can they make your morning coffee?

At a Davos panel on Thursday, moderated by Business Insider’s Jamie Heller, three robotics experts said humanoid robots needed to move beyond flashy demos and perform useful tasks in the real world at scale.

Jake Loosararian, the CEO of infrastructure startup Gecko Robotics, said that deploying robots into real-world environments was the major challenge facing the much-hyped industry.

Read full story

Attendees are queuing up to see Musk
Davos attendees queue up to see Elon Musk speak.
Davos attendees queue up to see Elon Musk speak.
Just over 30 minutes until Elon Musk is due to speak
Open offices in Ukraine, Zelenskyy urges business leaders at Davos

“Open offices in Ukraine. Yes, a little bit of a risk, but we decided to be honest today,” the Ukrainian president said to some laughs.

“Give jobs to our people.”

“This is real support: jobs, money, investment.”

As he left the stage after his speech, he got a second standing ovation from the Davos crowd.

A standing ovation for President Zelenskyy in the Congress Hall
Zelenskyy Davos
Zelenskyy Davos

“Today we met with President Trump. Our teams are working every single day. It’s not simple. The documents ending this war are nearly there and that really matters.”

Citadel’s CEO on the AI boom: ‘Is it hype? Of course’
Founder and CEO of Citadel Ken Griffin gestures as he speaks in an interview during the World Economic Forum annual meeting in Davos.
Founder and CEO of Citadel Ken Griffin spoke at Davos on Wednesday.

Hedge fund tycoon Ken Griffin has a blunt message for anyone expecting artificial intelligence to instantly rewrite the global economy: the hype is real — and it’s there to justify enormous spending.

Speaking in Davos yesterday the Citadel CEO said the AI boom is being fueled as much by narrative as by real productivity gains. Griffin, the world’s 39th richest person, said that doesn’t mean AI isn’t powerful — but expectations have run far ahead of reality.

Read full story

Ukrainian President Volodymyr Zelenskyy’s speech starts around 30 minutes late
Zelenskyy Davos
Zelenskyy Davos

A previous speech, given by Indonesian President Prabowo Subianto, overran significantly.

Zelenskyy met with President Donald Trump prior to his speech.

Trump appears to be heading home
Trump's motorcade leaves Davos.
Trump’s motorcade leaves Davos.

Photos show the presidential motorcade heading down the mountain and out of Davos just before 3 p.m. local time.

Elon Musk’s plane has landed

Flight-tracking data shows Elon Musk’s Gulfstream G650 has reached Zurich. It landed at 2:22 p.m. local time, some 10 hours after departing San Jose.

Zurich is 75 miles from Davos, where Musk is scheduled to speak at the World Economic Forum at 4:30 p.m. (11:30 a.m. ET).

As was US Secretary of State Marco Rubio
Marco Rubio Davos
Marco Rubio Davos
World Economic Forum cochair Larry Fink was in the building
Larry Fink Davos
Larry Fink Davos
The media is gathering ahead of Zelenskyy’s speech
Press gather outside the Davos Congress hall ahead of a speech by Ukrainian President Volodymyr Zelenskyy.
Press gather outside the Davos Congress hall ahead of a speech by Ukrainian President Volodymyr Zelenskyy.

Zelenskyy is due to speak in roughly 20 minutes.

Musk’s first Davos trip
Elon Musk
Elon Musk

Despite being probably the most prominent figure in the world of business over the past decade, today’s appearance will be Musk’s first in Davos.

He has a difficult history with the conference, having frequently criticized it in the past, famously calling it “boring af” ahead of the 2023 edition. That incident sparked the WEF into publicly saying it had not invited Musk since 2015.

He was invited last year, when he was heading up Trump’s shortlived Department of Government Efficiency, but did not attend.

Musk crosses paths with his new adversary: budget airline Ryanair
Musk private jet

Elon Musk’s private jet is back in tracking range, flying over France and about 200 miles from Zurich.

For much of the past week, Musk has been locked in a war of words with Michael O’Leary, CEO of Europe’s biggest airline Ryanair, over Starlink.

Perhaps ironically, Musk’s jet earlier crossed paths with a Ryanair flight from Madrid to Dublin, which passed behind it by about 70 miles, with their flight paths intersecting roughly 10 minutes apart.

During their spat, Musk and O’Leary called each other idiots and Musk polled X users on purchasing the airline and installing a new boss named Ryan.

Then, on Wednesday, the Irish airline used the beef to promote its January sale and said it would hand-deliver a ticket to X’s Dublin offices. Musk is yet to reply.

Davos day 4 highlights

After the massive buzz around Trump’s speech yesterday, things are a little lighter in terms of big name speakers at the World Economic Forum on Thursday. Still, it’s Davos, so even a light day would be the envy of pretty much any other conference on earth.

The day’s main event, of course, is Elon Musk’s appearance at 4:30 p.m. local time (10:30 a.m. ET), but other highlights include a special address from Ukrainian President Volodymyr Zelenskyy at 2:30 local time (8:30 ET). Zelenskyy, who initially planned to skip Davos this year, will also meet Trump while he is in Switzerland.

Elsewhere, Business Insider Editor In Chief Jamie Heller has just kicked off a discussion about living autonomously with MIT academic Daniela Rus, Gecko Robotics CEO Jake Loosararian, and Shao Tianlan, CEO of Mech-Mind.

There are levels to this game

Continuing our coverage of coat rooms across Davos, I was turned away from Cloakroom A in the Congress Center today.

“We’re only taking white badges today. Sorry.”

White badges are the top dogs in Davos’ weird caste system, having access to basically everything. That’s followed by silver (government officials), orange (media-types like me), black (security), and finally hotel badges.

There was a free coat room for us non-white-badgers just around the corner. But that didn’t stop some from feeling offended.

I heard one attendee who was turned down muttering “discrimination” under his breath.

Trump has signed the charter of the Board of Peace, and posed for his customary picture with the document
Trump holds up a piece of paper displaying the Board of Peace charter at Davos

After leaving the Congress Hall, Trump thanked onlookers, but didn’t take questions from reporters.

Davos’ hottest jet: The Gulfstream G650
Elon Musk boards a private jet
Elon Musk boards his Gulfstream G650 private jet during a visit to China in 2023.

It looks like Elon Musk is heading to Davos on his Gulfstream G650 private jet — the model of choice among the very wealthy. When I was tracking private jet arrivals on Monday, it was the most frequent type, representing 31 of 157 landings at nearby airports.

According to JetSpy data, G650s that have landed near Davos this week include ones owned by: Aramco, Bill Gates, BlackRock (twice), Blackstone, The Carlyle Group, JPMorgan Chase, Goldman Sachs, Google, and ex-Google CEO Eric Schmidt.

Jeff Bezos, Sergey Brin, Larry Ellison, and Mark Zuckerberg also own G650s, per JetSpy.

Not everyone is entirely happy with the Board of Peace

None of Europe’s three largest economies, Germany, the UK, and France, will be signatories to the board today.

In an interview with the BBC from Davos this morning, British Foreign Secretary Yvette Cooper said that this was in part due to “concerns about President Putin being part of something which is talking about peace when we still haven’t seen any signs from Putin there will be a commitment to peace in Ukraine.”

The Kremlin earlier this week said Putin had been invited to join the initiative, which is focused on overseeing Gaza as part of plans to find a solution to the Israel-Palestine conflict.

Trump is back onstage launching the Board of Peace
Trump Davos Board of Peace
Trump Davos Board of Peace

Though Trump’s centerpiece appearance at Davos was his 70-minute-long speech yesterday afternoon, the president is back onstage this morning.

He’s launching his Board of Peace, alongside other world leaders, including Argentine President Javier Milei and Hungarian Prime Minister Viktor Orbán.

“Just about every country wants to be a part of it,” he tells the crowd.

He then describes the world’s troubles as “really calming down,” saying: “Just one year ago, the world was actually on fire.”

When might Elon arrive?

Elon Musk’s private jet is somewhere over the Atlantic Ocean as he makes a last-minute trip to Davos.

The Gulfstream G650 took off from San Jose International at 7:12 p.m. PT. About six hours later, ADS-B Exchange data had it some 2,200 miles away from Zurich.

The airplane was last recorded traveling at 660 miles per hour, which means it should land in Switzerland before 2 p.m. (8 a.m. ET). Davos is then about a 40-minute helicopter ride away.

We don’t know for sure Musk is on the jet, but it seems highly likely.

Unlike President Donald Trump, who was delayed yesterday due to a fault with Air Force One, Musk should have plenty of time to get to Davos on time.

Protesters are getting creative
The phrase "No imperialism" written in snow
The phrase “No imperialism” written in snow at Davos

There has been no shortage of protests at the World Economic Forum this week, with anti-billionaire, environmental, and anti-war demonstrators seen in the town.

One of the more creative demos we’ve seen, however, is this snow-based slogan. If you can’t quite read it, it says: “NO IMPERIALISM.”

‘I don’t think it’s going to put everyone out of work,’ says White House AI czar David Sacks on AI
White House crypto czar David Sacks is pictured.

David Sacks spoke on Wednesday at the USA House alongside Michael Kratsios, the White House’s director for science and tech policy. He pushed back on the most alarmist interpretations of Elon Musk’s warnings about AI and jobs, arguing they strip out a crucial part of Musk’s broader vision.

According to Sacks, Musk isn’t predicting a sudden mass-unemployment crisis so much as a radically different economic system, closer to a “Star Trek”-style world where technology supplies basic needs.

“Look, I think that Elon is directionally correct about the future. I think we are heading towards a country of abundance. Rising living standards for everybody, greater productivity. I think that will lead to rising wages. I don’t think it’s going to put everyone out of work.”

Davos has turned into a tech conference
Pedestrians walk in the street during the annual meeting of the World Economic Forum (WEF) in the Alpine resort of Davos on January 19, 2026.
Thousands of executives and world leaders have descended on Davos.

I’ve usually thought of Davos as being more dominated by finance and blue-chip companies, but clearly, tech has taken over.

Walking down the main thoroughfare in Davos is always fun because all the shops that are open the rest of the year are taken over this week by companies that host “houses” to showcase their brands and host clients and events.

Walking along the street this year, it seems like 80% of the houses are tech. Palantir and Meta (with its free hot chocolate stand) had the most visible presence. Amazon’s house was surprisingly small. Google was far away from the main action. Lightspeed was the only venture capital firm I saw, with its odd retro “Lighthouse.”

It is also interesting to see who is not here. OpenAI has no house, and Sam Altman did not come, though some executives are here. Elon Musk was not originally part of the program but was a last-minute addition today.

Davos feels like San Francisco this week
A photograph taken on January 21, 2026 shows a general view of the Alpine resort of Davos during the World Economic Forum (WEF) annual meeting.
Davos is snowy, but it’s feeling a lot like the San Francisco startup scene.

There were so many techies here that sometimes I felt like I was in San Francisco.

I asked a couple of startup founders why they came so far to be here, and the consensus was that there’s nothing like Davos for the efficiency of meeting potential customers and investors who are all packed into a tiny Swiss village for the week.

Waiting in the cold in a long line for a party for General Catalyst and Lightspeed, I asked one founder why he traveled here.

He told me Alexandr Wang, founder and former CEO of Scale AI, who is now Chief AI Officer at Meta, advised him that Davos was highly useful because Wang said last year he signed almost a third of Scale’s customers in the short time he was there.

Harvey cofounder CEO Winston Weinberg told me that dealmaking started even before I arrived, with many transactions happening in the business-class sections of flights to Zurich from San Francisco and New York.

Digital twins are the hot new thing in robotics
AI brain
Tobias Osborne, a Leibniz Universität Hannover physics professor, says AI apocalypse fears distract regulators and let companies evade accountability for real harms happening today.

Jamie Heller, Business Insider’s editor in chief, led a panel on smart factories that dove into the future of physical AI and what’s needed before robots become mainstream in homes and factory floors.

One phrase dominated her conversation: digital twins. Execs from Siemens, Agility Robotics, and Automation Anywhere agreed that what once sounded like a possibility in the distant future is now delivering real productivity gains.

“You want to have this digital twin alive once you are running your production because it allows you to optimize all the time,” Siemens’ CEO Roland Busch said. “If you make a change, if there’s something going wrong, you see real-time what’s happening on the shop floor.”

Gavin Newsom: It’s ‘the rule of Don’ in the US
US Governor Of california Gavin Newsom (C) gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos on January 22, 2026.
Newsom spoke for 30 minutes at a panel on Thursday morning.

California Gov. Gavin Newsom spent most of his 30-minute interview at Davos with Semafor’s editor in chief slamming President Donald Trump and the administration. The US is living under “the rule of Don” rather than the rule of law, Newsom said.

“Co-equal branches of government, the rule of law, popular sovereignty,” he said. “Tell me that that reflects the America you read about today.”

Read full story

The ElonJet is in the air
Elon Musk
Elon Musk

Flight data from ADS-B Exchange showed that Musk’s private jet, a Gulfstream G650, took off from San Jose International Airport Wednesday night, local time, and is traveling east.

It’s not yet clear whether Musk is on the aircraft, but he’s scheduled to appear on a panel with Larry Fink at 4:30 p.m., Swiss time.

Read full story

Cisco’s president: ‘I don’t want anyone to be a full-time manager’
Cisco Executive Vice President and General Manager, Security & Collaboration, Jeetu Patel speaks during a keynote address at Cisco Live! at Michelob ULTRA Arena on June 07, 2023 in Las Vegas, Nevada.
Jeetu Patel from Cisco.

Management is a bug, not a feature, in a career path at Cisco.

Jeetu Patel, Cisco’s president and chief product officer, is a big proponent of the great flattening. In fact, if you’re only managing people at Cisco, you’re doing something wrong.

“I want everyone to be a player-coach. I don’t want anyone to be a full-time manager. We don’t need full-time managers at Cisco,” he told me on Wednesday.

He called the philosophy “foundational” to Cisco. People need to think about how they want to change the world and what they can do to contribute to that change, rather than focusing on specific job titles.

“If in the pursuit of that change, you have to go out and reluctantly manage some people, then go ahead and do that,” Patel said. “But management, in and of itself, is not a full-time job.”

JPM’s top European bankers on clients’ uncertainty
JPMorgan Chase tower
JPMorgan Chase

Conor Hillery and Matthieu Wiltz are well-versed in how European investors are feeling.

JPMorgan’s co-CEOs of EMEA took a two-week trip across Europe and the Middle East to meet with clients at the start of the year. It corresponded with escalating geopolitical situations in Venezuela and Greenland, making for a unique trip.

When I spoke to them on Wednesday morning, before Trump’s speech, they told me clients aren’t necessarily looking to pull the plug on things, but the questions are mounting.

“I think it’s just raising the spectre of uncertainty, so clients aren’t making any definitive assumptions at this stage,” Hillery told me. “In the back of their heads, they are starting to think that this could get a lot more complicated than it’s been for the last few years.”

And even since the trip, the situation is evolving almost minute by minute.

“There is a bit more of a question mark now compared to the first two weeks of January,” Wiltz added.

Newsom: ‘I’m living rent-free in Trump’s head’
US Governor Of california Gavin Newsom gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos on January 22, 2026.
California Gov. Gavin Newsom went hard on Trump at his morning session.

There was a bit of show-and-tell from the California governor at his morning session. He took out a set of red kneepads, which he said are meant for the CEOs who kneel to Trump. He also accused some corporate leaders — he didn’t name them — of “selling out to this administration.”

No shortage of jabs at Trump, too. The governor called Trump an “invasive species,” among other things.

“I’m living rent-free in Trump’s head,” Newsom said.

Musk has slammed Davos in the past

He posted negatively about the forum in 2022 and 2023.

Elon Musk will speak at Davos
Elon Musk
Elon Musk is seeking as much as $134 billion in damages from OpenAI and Microsoft

Musk is a new addition to the programme — he’s now listed to speak with BlackRock CEO Larry Fink at 4:30 p.m.

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Business Insider was in the room at Trump’s speech, and this is what went down

Business Insider’s Ben Bergman brought us to-the-minute updates from inside the room where Trump gave his speech.

Check out the full story, too.

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Now it’s Gavin Newsom’s moment to shine
US Governor of California Gavin Newsom speaks to the press on the sidelines of the World Economic Forum annual meeting in Davos
Gavin Newsom at Davos on Tuesday.

Newsom sparred with Scott Bessent and, on Wednesday, stared into the camera in the middle of Trump’s speech with a wry, knowing smile — giving his best imitation of Jim from “The Office.”

The California governor has also been making his rounds with the press, giving snappy soundbites about how the Democratic Party and world leaders should best deal with the president.

This morning in Davos, Newsom will get his share of the spotlight. He’s scheduled for a panel at 8:30 a.m. local time.

It was all about Trump on Wednesday
Trump Davos
Trump Davos

ICYMI, though we don’t know how you could’ve.

After a slight hiccup in his travel plans due to an electrical fault on Air Force One, President Donald Trump and his team swept into Davos on Wednesday for a much-anticipated speech.

The reactions? Mixed. Business Insider was in the room for his speech, and we fact-checked the president’s praise for the US economy.

And after all the panic over Greenland, Trump called off his new tariffs on Europe. There’s to be a “framework” in place, per an agreement with NATO, with more to come on what that’ll mean.

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Trump sues JPMorgan and CEO Jamie Dimon for $5 billion over alleged debanking

Jamie Dimon
Trump sued JPMorgan and Dimon.
  • Trump sued JPMorgan and Jamie Dimon for at least $5 billion.
  • The president alleges that JPMorgan debanked him after the January 6 protests for political reasons.
  • The bank has previously said it doesn’t close accounts for political reasons.

President Donald Trump is taking America’s biggest bank and its CEO to court.

Trump is suing JPMorgan Chase and its CEO, Jamie Dimon, for at least $5 billion over claims of politically motivated debanking on Thursday, making good on his threats from a Truth Social post over the weekend. In a complaint filed in Miami-Dade County state court, Trump accused JPMorgan of trade libel, among other claims, and Dimon of unfair and deceptive trade practices.

In his weekend Truth Social post, Trump said that he planned to sue JPMorgan for “incorrectly and inappropriately DEBANKING me after the January 6th Protest.”

The bank said that “the suit has no merit” in a statement.

“JPMC does not close accounts for political or religious reasons. We do close accounts because they create legal or regulatory risk for the company,” the statement said. “We regret having to do so but often rules and regulatory expectations lead us to do so. The firm said it has repeatedly asked current and previous administrations to update the regulations “that put us in this position” and backs efforts to prevent the politicization of banking.

A legal spokesperson for Trump declined to comment. In August, the bank said in a statement to Reuters that it does not close accounts for political reasons.

Inside the debanking claims

The lawsuit claims that JPMorgan caused Trump and his family financial and reputation harm when it unlawfully “debanked” them shortly after Trump left the White House in January 2021.

The suit says Trump and various of his businesses were notified on February 19, 2021, that their accounts would be closed and their relationships with JPMorgan “terminated by April 19, 2021.”

They said no reason was given and that Trump called Dimon personally to complain.

“After receiving the Termination letter, President Trump raised with Dimon JPMC’s debanking of Plaintiffs’ Accounts,” the lawsuit said. “Dimon assured President Trump that he would get back to him to address JPMC’s debanking of Plaintiffs’ Accounts but, ultimately, never did.”

Besides Trump, the suing parties are largely entities affiliated with Trump, including a golf club in Colts Neck, New Jersey, and his golf club in Briarcliff Manor, New York.

The suing parties said JPMorgan never provided a reason for parting ways, forcing them to scramble to find new banking relations and hindering their business transactions. JPMorgan’s decision, the lawsuit alleges, “caused the businesses operated by Plaintiffs and their affiliated entities to suffer considerable financial and reputational harm as a result of being debanked.”

The suit also claims that the bank put Trump, the Trump Organization and affiliated entities, and the Trump family on a “blacklist” available to other banks. The lawsuit mentioned the word “blacklist” 24 times. It claimed that Dimon “authorized” the addition of Trump and his affiliates’ names to the blacklist.

The addition “induced other federally regulated banks in the United States, all of which can access this blacklist, to not carry on business relationships” with Trump and the other suing parties.

The filing opens with a quote from Dimon himself, drawn from his 2021 annual letter to shareholders, which highlights the importance of safe disagreement. It also references the bank’s code of conduct, which mentions accountability and acting ethically, and in line with the law.

Trump escalates the debanking fight

Trump has previously claimed that some big banks deny services to conservatives, telling CNBC in August that JPMorgan and Bank of America had previously refused to accept his deposits. In August, the president signed an executive order directing federal banking regulators to eliminate guidance that encourages what he deems “politicized” or “unlawful” debanking.

The order instructs some federal regulators and agencies to “make reasonable efforts” to reinstate debanked customers, and the Treasury Department to develop new regulations to prevent “unlawful” debanking.

The Trump Organization has sued Capital One over similar debanking claims.

Before Trump began his second term, well-known venture capitalist Marc Andreessen said that banks had cut off banking services for dozens of tech founders under former President Joe Biden.

Trump’s suit comes after a flurry of recent proposals that could impact Wall Street, including a proposed 10% cap on credit card interest rates for 1 year and an effort to limit large investors’ ability to buy single-family homes.

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I spent years traveling nonstop. It took me too long to admit my ‘dream life’ was actually horrible for my health.

Author Meredith Bethune in the grand canyon
Traveling nonstop sounds incredible, but it can come with some serious drawbacks.
  • For years, I happily travelled nonstop for work, ignoring the toll it was taking on my health.
  • When my mom was diagnosed with Alzheimer’s, I felt pushed to finally take care of myself.
  • I don’t travel as much anymore, I eat a more balanced diet, exercise, and I feel much better.

I was living the dream — flying internationally nearly once a month for my work as a travel writer, crisscrossing the globe to cover incredible destinations.

Invitations like cruising the Norwegian coastline and then jetting off to a buzzy restaurant opening in Las Vegas were too good to refuse, even if they were happening back-to-back.

Meanwhile, the frequent long-haul flights, indulgent meals, packed itineraries, and erratic sleep schedules were quietly taking a toll on my health — I was gaining a substantial amount of weight and frequently feeling exhausted.

I just told myself that less-than-stellar health was just the price of admission for this sort of career. After all, my job consisted of bucket-list-worthy experiences, like hiking in Peru and going on safari in Kenya!

It took me several years to admit to myself that I couldn’t keep living this way.

As much as I love traveling, doing it nonstop wasn’t great for my physical or mental health

Woman smiling in front of stone relics
I love traveling, but it can be exhausting.

In reality, the job of my dreams consisted of overnight flights where I’d get little to no rest, then hit the ground running as soon as I arrived at my destinations.

After I’d fly back home from some trips, it would take me nearly a week to recover from jet lag. My stress levels were often cranked up, dealing with flight delays, deadlines, and navigation across different states and countries.

With grueling daily schedules on the road, I rarely had time to answer emails. I’d come home to a full inbox and even fuller calendar.

The regular exposure to dry air on planes wasn’t helping my immune system, and neither was all the stress. I felt like I was constantly getting sick with colds, flus, or whatever was going around.

Meanwhile, my diet wasn’t balanced or nutritious. It largely consisted of indulgent meals on press trips, where I felt pressure to try everything so I could write about it.

Saying no felt awkward, even when I knew I’d feel better if I could set firmer boundaries.

Woman peeking out of red phone booth, smiling
I’ve been able to see many places through my work as a travel writer.

On top of all that, I wasn’t exercising. After all, press trips run on tight schedules. I’d return to the hotel late, wake up early, sit in a van for hours between stops, and finish the day with a multicourse dinner.

Some fellow writers managed to fit in workouts, but I didn’t. It wasn’t a priority for me then.

All the travel felt isolating at times, too. I was spending most of my days with publicists, fellow writers, and guides. They were all lovely people, but not permanent fixtures in my life.

My closest friends lived far away, and I kept postponing visits because I was always either traveling or catching up from being away.

Meanwhile, my parents were getting older and needed more support.

After nearly a decade of jet-setting, by 2019, it had become undeniable that my mother’s memory problems went beyond normal aging. Finally, I felt compelled to take my health seriously.

My mother’s diagnosis felt like a wake-up call to prioritize my well-being

Woman smiling in ice hotel
Eventually, I realized I couldn’t travel so much without facing some consequences for my own health.

By that time, my mother’s cognitive difficulties had progressed so much that she no longer seemed like herself. And though her official Alzheimer’s diagnosis came later, by then, it was just a formality. We had already known for years.

There wasn’t anything I could do to stop my mom’s Alzheimer’s from progressing, but I threw myself into researching the disease so I could know more about what the future held for her and, eventually, me.

I worried whether a similar diagnosis — one millions of Americans share — could be in the cards for me someday.

Though it’s not preventable, some studies and members of the medical community suggest that certain lifestyle changes, like being physically active and managing blood sugar and blood pressure levels, may lower one’s risk of developing some forms of the disease or delay its symptoms.

Even if I couldn’t prevent a future diagnosis, I knew finally taking care of my body and mind would be good for me. All that nonstop travel had been quietly wrecking my health, and the way I’d been living and working wasn’t sustainable.

I feel much better now that I’m traveling way less

Woman hiking grand canyon
I can’t control the future, but I can at least prioritize my health.

It’s been over five years since I significantly cut back on travel.

I exercise almost every day and try to regularly follow a balanced diet. I’ve since lost over 50 pounds and sleep much better.

When I do go on trips, I do so with more intention and a lot of focus on the Northeast, close to home.

I probably take an overnight or weekend trip within driving distance about every six weeks. I still fly for work once or twice a year, but I’m no longer constantly on the road, and my body feels the difference.

When I go on bigger trips, I actually feel like I have more opportunities than I did before. Recently, I even hiked the Grand Canyon rim-to-rim, which I would never have attempted back when I was out of shape and constantly feeling drained.

Giving up on my dream job wasn’t easy, but I want to feel good and stay in great shape for as long as I can — even if that means finding peace at home instead of abroad.

Read the original article on Business Insider

How startups can ‘break through the noise’ and grab attention, according to a marketer-turned-VC

Lindsay Kaplan headshot
Lindsay Kaplan is a former marketing executive and cofounder of Chief, a networking company for women.
  • Attention is a hot commodity in the age of social media overload — especially for startups.
  • Lindsay Kaplan, a former marketing executive, is joining consumer-focused VC fund Bullish.
  • She shared with Business Insider what it takes for startups to “break through the noise” right now.

Startups don’t just need cash to be successful. Like many of us, they also thrive on attention.

Lindsay Kaplan, a former marketing executive and cofounder of Chief, a networking company for women, wants to coach startup founders on what it takes to build culture-driving brands.

“You can have as much money as you want to pour into the algorithm and buy ads,” Kaplan told Business Insider. “But if you don’t have the right founder who’s able to build a community and the attention that you need to build a real product that people want, all of that money … is meaningless.”

After stepping away from her role as chief brand officer at Chief last year, Kaplan is pivoting her career to focus on working with startup founders. She’s taking her own lessons as a founder, marketing exec, and investor in startups over to Bullish, a consumer-focused venture capital fund. She’s joining the firm as a venture partner, the company exclusively told Business Insider.

Bullish has invested in several consumer hits, including Warby Parker, Harry’s, Peloton, and Casper, Kaplan’s former employer.

Bullish invests in early-stage startups, typically from pre-seed to Series A, Kaplan said. The categories she’s most interested in span loneliness, dating, parenting, health, and identity and belonging.

“AI can be a tool to help those problems,” Kaplan said, but she’s acutely aware that not all AI is going to be a hit with real-life people.

What does it take to get people to care about your product?

Cracking how to “break through the noise” helps, Kaplan said.

How startups can ‘break through the noise’

“What a consumer cares about is what is in it for them. What do we get out of it?” Kaplan said. “Founders are so used to pitching VCs that it’s really hard to switch gears and start thinking about: Why should a customer care?”

When it comes to consumer-facing AI startups, brands need to think outside the box.

Kaplan said that “contrarian” plays can be useful when marketing a startup in a crowded space.

For instance, while so many tech companies are shouting AI from rooftops, some are strategically letting AI take a back seat.

“The best brands emerging are using AI, they’re not necessarily making their startup fully based in AI,” Kaplan said.

Kaplan pointed to Rocco, a smart fridge brand she angel invested in, as an example.

“It’s a smart fridge, but the brand doesn’t lead with ‘AI-powered appliance,’ it leads with design and functionality,” Kaplan said. “The AI makes the product better without becoming its identity, which is how they’ve managed to generate incredible buzz and traction in one of the most commoditized categories in consumer hardware.”

Marketing AI has been a tricky battlefield for brands.

Look no further than the Friend AI ads across New York City. The ads promoting the startup’s AI companion pendant were defaced by locals.

Other marketing and advertising agencies, such as Day Job, are being tapped by AI companies specifically to help translate their brands to everyday people — in other words, potential customers.

Startups and the creator economy

Kaplan said startups trying to reach consumers have a unique tool at their disposal: creators.

Kaplan said the creator economy “rewrote who controls distribution” on social media by shifting who stirs buzz about brands and how people learn about them.

“Early adopters have really become the creators,” she said.

While startups previously toiled over customer acquisition cost (CAC), Kaplan said the big question now is: “Who will carry the story out into the world and why will anybody listen?”

“Distribution is no longer something you can buy,” she said. “You have to earn it.”

Read the original article on Business Insider