You have arrived at Friday, readers. Google is updating its notoriously lengthy recruiting process, and new drone footage shows how Tesla is building its Model Y SUV.
If this was forwarded to you, register here. Download the Insider app – click here for iOS and here for android.
1. Leaked documents show that Google is radically changing the way it hires. Google has an infamously long and frustrating recruitment process. But new changes could help the company speed up hiring and stay competitive in the battle for talent. Here’s what’s new:
- Candidates will be assigned a team within Google much earlier in the interview process, according to the documents. Previously, candidates were often not assigned to a team until most of the interview process was complete.
- As a result, some applicants will even be allowed to skip certain parts of the process.
- The changes launched this month and will be applied globally to technology roles such as software engineers and UX designers, and will affect candidates between level three and level seven.
Take a closer look at what’s changing.
In other news:
2. Shipping from Bitcoin 2022: During the conference in Miami, Robinhood announced that eligible customers can now send and receive cryptocurrencies, and “Shark Tank” investor Kevin O’Leary predicts a flood of crypto investments once that US regulations and policy are set.
3. Twitter employees react to Elon Musk’s investment and board seat. Responses were mixed, with some workers frustrated with his new role and quick attempts to influence company decisions, and others simply happy that Twitter’s stock was up. Here’s what employees told us as the social media giant prepares to host an AMA session with Musk.
4. Ex-employees of shuttered startup Fast detail chaotic management, overhiring and spending money as “drunken sailors.” The company’s staffers secured $120 million in funding from Stripe and Index Ventures, but unsustainable staff growth and rudderless management contributed to its rapid downfall.
5. A former executive says fintech unicorn Array has created a “false illusion” of success. The executive alleges that the company, which sells credit scoring and identity protection products to other fintechs, inflated its revenue and invented fake customers to trick investors. What we know so far.
6. Twitter is testing an “unmentioning” feature. Currently limited to certain users, the feature would allow people to opt out of conversations and threads they don’t want to participate in. Get the “Don’t @ me” feature.
7. An elementary school teacher doubled his salary by turning to technology. After teaching for four years, Gianni LaTange changed careers and became a
advocate for promoters, earning a total compensation of $175,000 within two years. They explain how they did it.
8. These 25 companies have the highest paying internships. Most of the companies are in technology and finance, and include the likes of Google, PayPal, and American Express — but Roblox takes the lead, offering interns nearly $10,000 a month. See which other companies made the list.
Odds and Ends:
9. Drone footage shows how Tesla builds the Model Y SUV at its new factory in Germany. The video, posted on YouTube, shows an army of robots, machines and human workers assembling the vehicle inside the newly operational Gigafactory Berlin. Watch the video here.
10. Meanwhile, in Texas: Tesla kicked off production at its new Texas factory with an invite-only “Cyber Rodeo” party, which CEO Elon Musk says could be “literally” allied with the biggest party on Earth. » See photos of the event.
Latest people move in technology:
Stay up to date with the latest tech news throughout your day by checking out The Insider Refresh, a dynamic audio newsletter from Insider’s newsroom. Listen here.
Organized by Jordan Parker Erb in New York. (Comments or advice? Email [email protected] or tweet @jordanparkererb.) Edited by Michael Cogley in London.