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- NYC banned short-term rentals last year. It’s unclear if it’s helped the city’s housing crisis. The ban was supposed to make housing cheaper. So far, the results are mixed: While rent-price growth has slowed and home inventory has increased modestly, it’s not clear how much of that is directly correlated to the ban.
- Amazon goes Hollywood. Under the leadership of former Paramount exec Amy Powell, Amazon is looking for ways to market itself outside the traditional TV spot. Part of that includes a new show with the creator of the hit social-media series “Recess Therapy,” which Amazon hopes will help portray it as a force for good.
- Inside the LinkedIn laugh factory. America’s favorite social media app for humblebragging and exaggerated corporate enthusiasm has become a surprise source of corporate trolling. Comedians are satirizing workaholism so well that it can be hard to tell what’s ironic and what’s not. But while LinkedIn comedy might be refreshing new content, it’s unlikely to change the platform’s culture.
What’s happening today
- Netflix and other companies report Q3 earnings.
- NATO defense ministers meet.
- “El Mayo,” head of the Sinaloa cartel, is charged in US court with conspiracy and money laundering.
The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, senior editor, in London. Milan Sehmbi, fellow, in London. Amanda Yen, fellow, in New York.
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