News: Elon Musk, Shepard Smith and PayPal made headlines

  • What happened last week? Elon Musk said he would give a $ 100 million prize for a design.
  • Former Fox News host Shepard Smith said he did not “know how some people sleep at night.”
  • PayPal has reportedly removed a fundraiser from Jenna Ryan, who was arrested after the Capitol siege.
  • Visit Business Insider’s homepage for more stories.

What happened last week?

Broadcasting legend Larry King died in Los Angeles on Saturday after a 60-year career and about 40,000 interviews on camera. He apparently fought the coronavirus. Over the years, he has spoken to many of the most important business leaders in the world.

Here are three more business stories you may have missed last week.

Elon Musk offered a $ 100 million prize

Elon Musk

Elon Musk.

Maja Hitij / Getty Images


Elon Musk, CEO of SpaceX and Tesla, on Thursday announced a $ 100 million prize for whoever creates the ‘best’ carbon capture technology.

His announcement was light on details, but Musk said he would have more to say next week.

Read more: Elon Musk says he will throw $ 100 million into carbon capture technology. VCs, including Vinod Khosla, told us that these 4 startups are the lead.

Shepard Smith downloaded on Fox News

shep smith interview

Shepard Smith.

Steven Ferdman / Getty Images


Former Fox News host Shepard Smith, who now has his own CNBC show, spoke on Tuesday about his former employer. The network may have given viewers ‘wrong or disinformation’, but he was “there to make sure they get it right.”

“I slept very well,” Smith said. “I do not know how some people sleep at night, because I know there are many people who have propagated the lies and pushed them forward time and time again, who are smart enough and trained to know better.”

Read more: Trump administration staff are searching while looking for work. One recruiter tried to post 6 of them and could not invest any interviews.

PayPal has reportedly removed a fundraising campaign from Capitol Hill

Jenna Ryan

Jenna Ryan.

CBS 11



PayPal allegedly removed a fundraiser from Jenna Ryan, a Texas real estate agent who flew in a private jet to join the riot in the Capitol. She said on Twitter that she had raised $ 1,000 for her legal defense before PayPal allegedly removed her fundraiser.

“PayPal has a policy of allowing fundraising for legitimate defense purposes,” a PayPal spokesman said. “PayPal reviews accounts thoroughly, and if we learn that funds are being used for anything other than legal defense, the account will be immediately subject. We can confirm that the account in question has been closed.”

Late Saturday, Ryan said Twitter, “Who runs your business? Are you run by trolls?”

She added: “I think the trolls run your business. Weird weird weird weird.”

Read more: Rep. Rashida Tlaib on why her progressive people rally to fight back against calls to take on new government forces following the attack on Capitol

ICYMI

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The Olympics are scheduled for July 23.

Eugene Hoshiko


Despite rumors that the 2020 Summer Olympics will slow down further, Japanese officials said according to the Associated Press on Friday that the matches would continue according to plan.

“Categorically unruly,” a Japanese official told AP.

The matches are scheduled to start on July 23, 2021.

Here’s what happened last week. See you next week.

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