Wednesday morning articles
Two Weeks of Chaos: Inside Elon Musk’s Takeover of Twitter: Mr. Musk ordered immediate layoffs, fired executives by email and laid down product deadlines, transforming the company. (New York Times)
Setting the Record Straight on Crypto, FTX and Sam Bankman-Fried, Jamie Dimon, and Financial Regulators: No one should be shocked by FTX’s demise. The fiction if not fraud of crypto and its collapse were not hard to see as long as you weren’t on the payroll of FTX/crypto directly or indirectly and didn’t let FOMO and greed cloud your judgment. (Better Markets)
Have We Been Measuring Housing Inflation All Wrong? Focusing on rents on new leases, as commercial indexes do, gives a better read on price pressures than existing government gauges like CPI. (Bloomberg)
‘I Finally Had Enough.’ Real-Estate Agents Reveal Why They Canned a Client. A ghost, an over-the-top character and unwanted advances led these three pros to cut ties with their clients. (Wall Street Journal)
This School Took Away Smartphones. The Kids Don’t Mind. Here’s what happened when a Massachusetts school decided smartphones were splintering its community. (Wall Street Journal)
Inside the billion-dollar meeting for the mega-rich who want to live forever: Hope, hype, and self-experimentation collided at an exclusive conference for ultra-rich investors who want to extend their lives past 100. I went along for the ride. (MIT Technology Review)
8 billion and counting: This week, the world’s population ticks over a historic milestone. But in the next century, society will be reshaped dramatically — and soon we’ll hit a decline we’ll never reverse (ABC)
Construction is Riding High in Victoria but Will it Last Despite gathering dark clouds for the economy, the number of units under construction has been hitting an all time high in recent months. That’s not just for the past few years, it’s the highest level of construction activity in the data series which starts in 1972. (House hunt Victoria)
