Techflier

Jerry Falwell Jr., president of Liberty University, awaits the arrival of U.S. President Donald Trump to sign an executive order linking "free speech" efforts at public universities to federal grants in the East Room at the White House in Washington, U.S., March 21, 2019. REUTERS/Joshua Roberts Liberty University filed a lawsuit against former President Jerry Falwell Jr. two weeks ago. On Thursday, he showed up at a student event and invited them to a graduation party at his home. Liberty has also banned all staff from communicating with Falwell. See more stories on Insider's business page . Former Liberty president Jerry Falwell Jr. showed up at a student event uninvited and announced a graduation party at his home, a few weeks after the university sued him, Politico reported. "I just want to invite all the seniors to my farm on May 8. We're going to have the real Liberty graduation," Falwell told the students, standing on a small stage erected ...

LinkedIn, which is owned by Microsoft, ranked Amazon as the best company for US workers to grow their careers in 2021. Rolf Vennenbernd/dpa/Getty Images Linkedin published its list of the top US companies for career growth, ranking Amazon first. LinkedIn's revamped criteria this year included factors like promotion rates and gender diversity. But the list didn't consider other key factors like pay and racial diversity. See more stories on Insider's business page . In his final letter to shareholders as Amazon's CEO earlier this month, Jeff Bezos downplayed concerns about the company's working conditions, defending it as "Earth's best employer and Earth's safest place to work." The letter came on the heels of Amazon's aggressive anti-union campaign , multiple illegal firings of whistleblowers, a tripling in the number of labor complaints against the company last year, and climbing injury rates that are nearly double the industry ...

In this Sept. 16, 2015 file photo Eli Broad poses for a photo at his museum, "The Broad" in downtown Los Angeles. AP Photo/Richard Vogel, File Businessman and philanthropist Eli Broad died Friday at the age of 87 after a lengthy illness. The self-made billionaire helped shape the city of Los Angeles, building museums and funding cultural institutions. Broad built two Fortune 500 companies during his lifetime, and Forbes estimated his fortune at $6.9 billion. See more stories on Insider's business page . Eli Broad, a philanthropist and self-made billionaire who used his fortune to reshape the culture of the city of Los Angeles, died Friday at Cedars-Sinai Medical Center in Los Angeles at the age of 87. Broad built two Fortune 500 companies during his lifetime and played a role in funding and shaping institutions like the Walt Disney Concert Hall and the Los Angeles Museum of Contemporary Art. The businessman went on to build his own museum in the heart of LA, a ...

Startup life, especially in the early innings, is nothing short of hectic. Who wouldn’t love a clone or two to help get everything done? Well, we can’t clone you, but we can give you more time to sign up and save on a pass to TC Early Stage 2021: Marketing and Fundraising on July 8-9. We’re extending the early bird deadline to Friday, June 4 at 11:59 pm (PT) . Sweet! That should help calm the cray-cray and save you $100 on admission to our virtual two-day bootcamp experience. Of course, you don’t need to wait. Buy your pass now while it’s top-of-mind and feel the joy of having one less task on your to-do list. Not familiar with TC Early Stage? It’s specifically designed to help new startup founders learn essential entrepreneurial skills to build a successful startup. We tap the very best experts in the startup ecosystem, and they deliver actionable insights you can put in place now, when you need them most. At TC Early Stage 2021, top-tier investors, veteran founders and respecte...

Photo Illustration by Chesnot/Getty Images Ex-Netflix IT chief Michael Kail on Friday was convicted of 28 counts of fraud and money laundering. Kail created a "pay-to-play" scheme, taking bribes and kickbacks from tech startups hoping to do business with Netflix. Kail, who was indicted in 2018, must also forfeit a Los Gatos home he purchased with the funds. See more stories on Insider's business page . Former Netflix vice president of IT Michael Kail was convicted by a federal jury on Friday of 28 counts of fraud and money laundering, the US Department of Justice announced in a press release. Kail, who was indicted in 2018, used his position to create a "pay-to-play" scheme where he approved contracts with outside tech companies looking to do business with Netflix in exchange for taking bribes and kickbacks, according to evidence presented to the jury, the release said. Kail accepted bribes or kickbacks from nine different companies totaling more th...

In this Dec. 21, 2020, file photo, pro-Trump and anti-mask demonstrators hold a rally outside the Oregon State Capitol as legislators meet for an emergency session in Salem, Ore. Andrew Selsky, File/AP Video shows a GOP state lawmaker letting in protestors into the Oregon state capitol on December 21. Oregon Rep. Mike Nearman faces two charges in connection with the incident. Oregon Speaker of the House Tina Kotek called Nearman's actions a "serious breach of public trust." See more stories on Insider's business page . A GOP state lawmaker was charged Friday, after video appears to show him open the door to the Oregon State Capitol, allowing right-wing protestors to enter the building. During a demonstration on December 21 of last year, surveillance video appears to show state Rep. Mike Nearman physically opening a door to the Capitol building without shutting it behind him, allowing protestors waiting outside the Oregon Capitol to quickly enter the buildin...

Tech companies in Silicon Valley, the geography, have had an incredible year. But one indicator points to longer-term changes. The internal rate of return (IRR) for companies in other startup hub cities has been even better. A big new analysis by AngelList showed aggregate IRR of 19.4% per year on syndicated deals elsewhere versus 17.5% locally. A separate measure, of total value of paid-in investment, revealed 1.67x returns for other hubs versus 1.60x in the main Silicon Valley and Bay Area tech cities. The data is based on a sample of 2,500 companies that have used AngelList to syndicate deals from 2013 through 2020. Which is just one snapshot, but a relevant one given how hard it can be to produce accurate early-stage startup market analysis at this scale. I believe we’ll see more and more data confirming the trends in the coming years, especially as more of the startup world acclimates to remote-first and distributed offices. You can increasingly do a startup from anywhere and ma...