DIRS.INFO The most relevant business & tech news

☆ Big Tech CEOs are headed to DC to face the Senate over child safety online
▼ + stars: | 2024-01-31 | by ( Lauren Steussy | ) www.businessinsider.com time to read: +3 min

Congress is set to grill leaders from Meta, X, TikTok, and other tech companies in a hearing Wednesday. The session will cover efforts to protect children from sexual exploitation online. This will be X CEO Linda Yaccarino's first time testifying before Congress. AdvertisementTech leaders are arriving in Washington, DC, voluntarily or not, to answer for their platforms' efforts to protect kids from sexual exploitation. Over the weekend, X announced plans to hire 100 full-time workers for a yet-to-be-opened content moderation hub in Austin aimed at addressing child sexual exploitation on its platform.

Persons: Linda Yaccarino's, —, X —, Elon Musk, Axios, She'll, Mark Zuckerberg, Evan Spiegel, TikTok, Shou Zi Chew, Jason Citron, Meta, We're, X Organizations: Meta, Service, Tech, Elon, Wall, Journal, The New York Times, Times Locations: Washington , DC, Austin

☆ Google's layoffs already impacted its culture. Now they're affecting its bottom line.
▼ + stars: | 2024-01-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at highlights from two of the world's biggest tech companies' earnings reports, including how much layoffs cost for one of them. Tech: Tech CEOs will testify before Congress today for a hearing on child safety. Mateusz Wlodarczyk/Getty ImagesThere's been plenty of speculation about what Google's mass layoffs last year meant for its famous culture. Jerod Harris/Getty ImagesCongress is set to grill some of the biggest names in tech today. Leaders from Meta, X, TikTok, and other tech companies will face questions over their platforms' efforts to protect children from sexual exploitation online.

Persons: It's, Sundar Pichai, Mateusz Wlodarczyk, Sarah Jackson, Satya Nadella Stephen Brashear, Hisham Ibrahim, Jerome Powell's, Claudia Sahm, Powell, Linda Yaccarino, Jerod Harris, Linda Yaccarino's, Jack Dorsey's Block, Dorsey, Brooks Kraft, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Business, Tech, Google, Microsoft, Getty, Bloomberg, JPMorgan, Meta, Elon Musk's, Brooks Kraft LLC, Los Angeles Times, UPS, Bureau of Labor Statistics, Amazon, Boeing, Mastercard Locations: Chipotle, New York, London

☆ Elon Musk isn't helping his CEO Linda Yaccarino's claims that X is safe for companies
▼ + stars: | 2023-11-17 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

Linda Yaccarino's efforts to reassure companies about X are being undermined by Elon Musk. Yaccarino released a statement on Thursday saying X is working to combat antisemitism. However, one day before her post, Musk supported an antisemitic conspiracy theory on the platform. AdvertisementLinda Yaccarino's efforts to reassure companies that X is safe for brands are being undermined by Elon Musk's actions. The contrast between Yaccarino's statement and Musk's post was not lost on platform users.

Persons: Linda Yaccarino's, Elon Musk, Yaccarino, Musk, —, Elon Musk's, …, Linda Yaccarino, Dustin Moskovitz, Ross Gerber, Tesla, VWqtI32Jxz — Matthew Gertz, Yaccarino —, Yaccarino's, Lou Paskalis, they're Organizations: Service, IBM, Financial, Media, Apple, Comcast, X, Business, Reuters, Vox Media, Conference

☆ Bill Ackman says he hasn't talked to Elon Musk about X investment for Pershing 'SPARC'
▼ + stars: | 2023-10-02 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Activist investor Bill Ackman on Monday told CNBC he had not spoken with Elon Musk about a deal involving X, formerly known as Twitter, but that he likes the business and Musk and suggested a deal with X would be welcome if Musk wanted it. The billionaire CEO of Pershing Square Holdings was discussing his new carve-out vehicle, which he called a SPARC, or special purpose acquisition rights company. The product is similar to a SPAC, but Ackman said that Pershing's structure would only invest in companies it views as long-term investments. Ackman made waves in a Sunday interview with the Wall Street Journal, where he said he would "absolutely" invest in X through his new SPARC structure. If part of X were to debut on the market, it would likely be at a valuation far below the $44 billion that Musk paid for it.

Persons: Bill Ackman, Elon Musk, Musk, he's, Ackman, CNBC's Andrew Ross Sorkin, SPACs, Linda Yaccarino's, maven Organizations: Monday, CNBC, Elon, Pershing Square Holdings, SPARC, Financial Times, Wall Street, Meta Locations: —

☆ Linda Yaccarino was blindsided by Elon Musk's tweet announcing he had found a new Twitter CEO, and had to leave a meeting to tell her boss she was joining Twitter
▼ + stars: | 2023-09-27 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Elon Musk's tweet announcing he had found a new Twitter CEO came as a surprise to Linda Yaccarino. The then-NBC executive had to rush out of a meeting to explain the situation to her boss, the FT reported. AdvertisementAdvertisementLinda Yaccarino's reign as Twitter boss got off to a chaotic start after she was blindsided by Elon Musk's tweet announcing he had found a new CEO, according to a new report. — Elon Musk (@elonmusk) May 11, 2023Cavanagh accepted her explanation, but decided to release a statement announcing Yaccarino's departure the next day. The chaotic announcement was the first taste of what Yaccarino could expect as CEO of Twitter, which Musk renamed X in a surprise rebrand soon after she joined.

Persons: Elon Musk's, Linda Yaccarino, —, Linda Yaccarino's, Yaccarino, Musk, Michael Cavanagh, I’ve, Elon, Cavanagh Organizations: Twitter, NBC, Cuban, Service, Financial Times, Comcast, Financial

☆ CNBC Daily Open: May the good times roll
▼ + stars: | 2023-07-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow's 11-day streakMajor U.S. stock indexes ended Monday in the green, with the Dow Jones Industrial Average notching an 11-day winning streak. Busy week for central banksThe U.S. Federal Reserve, the European Central Bank and the Bank of Japan will all announce interest rate decisions this week. [PRO] No sign of recessionSteve Eisman, the investor who called and profited from the 2008 subprime mortgage crisis, told CNBC he thinks "there's no evidence of a recession" so far.

Persons: Elon, Linda Yaccarino's, aren't, Steve Eisman Organizations: CNBC, U.S, Dow Jones, Twitter Twitter, Twitter, U.S . Federal Reserve, European Central Bank, Bank of Japan, ECB, Chinese Communist Party Locations: U.S

☆ CNBC Daily Open: Even meme stocks are rallying in this market
▼ + stars: | 2023-07-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stocks rallyMajor U.S. stock indexes ended Monday in the green, with the Dow Jones Industrial Average notching an 11-day winning streak. Busy week for central banksThe U.S. Federal Reserve, the European Central Bank and the Bank of Japan will all announce interest rate decisions this week. Using FactSet data, CNBC Pro screened 100,000 stocks to identify just four major stocks from around the world that have raised dividends by more than 10% annually over the past 15 years.

Persons: Elon, Linda Yaccarino's Organizations: CNBC, U.S, Dow Jones, Shenzhen Component, Chinese Communist Party, Twitter Twitter, Twitter, U.S . Federal Reserve, European Central Bank, Bank of Japan, ECB, CNBC Pro Locations: Asia, Pacific, Shanghai, Shenzhen, U.S

In this photo illustration, Elon Musk's new Twitter avatar "White X on black background" is displayed on a mobile phone with Twitter little blue birds logo in the background. Twitter is undergoing a major rebrand after owner Elon Musk announced that the platform would officially become "X" over the weekend, and CEO Linda Yaccarino addressed the change in a memo Monday that applauded employees for their hard work. The transition from Twitter to X reflects a step toward Musk's goal to turn the platform into what he has called an "everything app." Going forward, she wrote, X will continue to develop experiences in video, audio, messaging, banking and payments that will "delight" users. "Please don't take this moment for granted," Yaccarino wrote.

Persons: Elon, Elon Musk, Linda Yaccarino, CNBC's Sara Eisen, Yaccarino, X Organizations: Twitter

☆ People are comparing Elon Musk's rebranding of Twitter to X with a cringe pitch from Kendall Roy in 'Succession'
▼ + stars: | 2023-07-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Elon Musk announced Saturday that Twitter would be rebranding to X, replacing its bird logo and doing away with identifiable phrases like "tweet." Many Twitter users aren't totally on board with the move, resulting in CEO Linda Yaccarino's verbose statement being compared with a cringeworthy business pitch featured in "Succession." Kendall Roy, played by Jeremy Strong, describes it as "Substack meets Masterclass meets The Economist meets The New Yorker." Noah Shachtman, the editor-in-chief of Rolling Stone, quipped: "[Kendall Roy voice] It's, y'know, Venmo meets Clubhouse meets Ebay meets ChatGPT." "Enjoyable to imagine Kendall Roy saying this to investors," said another tweet, which has been seen 2 million times.

Persons: Elon Musk, Linda Yaccarino, Linda Yaccarino's, China's WeChat, It's, Roy, Kendall Roy, Jeremy Strong, Substack, Masterclass, Noah Shachtman, Rolling Stone, Bailey Carlin, Kendall, didn't Organizations: Rolling, Ebay, Twitter Locations: we're

☆ Elon Musk's Twitter rate limits could damage the company's 'last best hope,' CEO Linda Yaccarino, ad experts say
▼ + stars: | 2023-07-03 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

On Saturday, Elon Musk introduced a controversial limit on how many tweets users can view daily. Ad experts told Reuters that could this undermine Linda Yaccarino's attempts to salvage the company. Elon Musk's controversial Twitter rate limits could damage CEO Linda Yaccarino's work to improve the company, ad experts told Reuters. And Mike Proulx, research director at Forrester, told Reuters the limits are "remarkably bad" for users and advertisers already agitated by Musk's "chaos." The Twitter CEO took over the role from Musk last month, a couple weeks before she was initially scheduled to start leading the company.

Persons: Elon Musk, Linda Yaccarino's, Lou Paskalis, Elon Musk's, Yaccarino, Mike Proulx, Forrester, Musk, she's, Kali Hays, Jack Dorsey, Twitter Organizations: Reuters, Morning, Bank of, AJL, Twitter, BBC, The New York Times, Financial Times Locations: NBCUniversal

☆ Elon Musk blamed data scraping for strict 'rate limits' on viewing tweets. Twitter's former head of trust and safety says it's not the first time the site's been broken by someone 'bumbling around in
▼ + stars: | 2023-07-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Elon Musk announced limits to how many tweets Twitter users could view to combat data scraping. "To address extreme levels of data scraping & system manipulation, we've applied the following temporary limits," Musk announced on Twitter in the first of a series of tweets about the decision. Throughout the day, Musk continued posting about the rate limits, increasing the number of posts users could view each time. As Twitter users scrolled through the site, once they reached the new viewing limits, no new content would be displayed. "Futzing with rate limits is probably the easiest way to break Twitter."

Persons: Elon Musk, we've, Musk, Yoel Roth, Roth, Reddit, Linda Yaccarino's Organizations: Twitter, Google, Elon, Bloomberg

☆ People are getting fired up about Twitter CEO Linda Yaccarino's 'Enter Twitter 2.0' announcement
▼ + stars: | 2023-06-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Linda Yaccarino made her first big announcement as Twitter CEO on Monday. She spoke about the importance of free speech and added: "Enter Twitter 2.0." Twitter CEO Linda Yaccarino made her first big announcement on Monday, and people are getting fired up over it. Her comments provoked a number of Twitter users, many of whom mocked Yaccarino's statement, to question what "Twitter 2.0" actually means. And Yaccarino's reference to free speech comes since researchers say Twitter has seen increased levels of hate speech.

Persons: Linda Yaccarino, Yaccarino, Elon Musk, Musk, — Dr, Bucky, —, Twitter Organizations: Elon, NBC, Twitter

☆ Twitter 2.0 is an empty promise unless it exterminates the bots
▼ + stars: | 2023-06-13 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Attempts to improve the quality of Twitter, like Twitter Blue, have fallen flat. A search of ChatGPT on Twitter presents tweets from bots in the top results section. On Monday, she said Twitter was "on a mission to become the world's most accurate real-time information source and a global town square for communication" as it evolved into Twitter 2.0. This all gets in the way of Yaccarino's ambition of making Twitter a real-time information source. If Twitter's future is to be a global town square that trades in accurate, real-time information between real-world people, the bots need to go for good — and fast.

Persons: Linda Yaccarino's, Linda Yaccarino, Twitter, Elon Musk, Adam Feldman, It's, Musk, Cheq, — Musk, Disney Organizations: Twitter, Street Locations: West Virginia

☆ Twitter's new CEO Linda Yaccarino has seemingly had one of her tweets framed at the company's HQ, following in Elon Musk's footsteps
▼ + stars: | 2023-06-09 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A Twitter employee shared a photo of Linda Yaccarino's tweet framed on the office wall. Linda Yaccarino, the new Twitter CEO, has joined Elon Musk in having one of her tweets framed on the office walls of her new company. And either she or some other Twitter employee must be quite proud of this retort, because it's now been put on display in the headquarters. It looks like it's framed on the same wall where Elon Musk had one of his tweets put on show last November. Although several users had already come up with this joke, even photoshopping fake Musk tweets before the real billionaire posted it himself.

Persons: Linda Yaccarino's, Elon Musk, Linda Yaccarino, Yaccarino, it's, Musk, Twitter Organizations: Twitter, Elon Musk Locations: San Francisco, Twitter's San Francisco

☆ Elon Musk is asking big name liberal TV hosts like Rachel Maddow to move their shows to Twitter to balance out Tucker Carlson
▼ + stars: | 2023-06-09 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Tucker Carlson shared the first episode of his Twitter show on Tuesday. Days later, Musk was reaching out to Rachel Maddow and Don Lemon asking them to start their own. It follows Insider's report that Twitter is prioritizing video content, while ad sales are down 59%, per the NYT. Elon Musk is again asking liberal TV hosts to bring their shows to Twitter, to try to balance out Tucker Carlson. When Carlson announced he'd start presenting on Twitter after being ousted from Fox News in April, Musk tweeted a lengthy explanation.

Persons: Tucker Carlson, Musk, Rachel Maddow, Don Lemon, Elon Musk, It'd, Carlson, he'd, Tucker, tweeting, Nancy Pelosi's, Linda Yaccarino's, Twitter Organizations: Twitter, Fox News, New York Times, Variety Locations: Ukraine

☆ 10 Things in Tech: 'I saw a quantum computer,' Gen Zer learns data analytics on YouTube, and Ford's Ranger Raptor
▼ + stars: | 2023-05-15 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

Google's AI demonstration showed how Big Tech keeps on winning. Lots of startups are throwing their hat into the generative AI race. But it looks like Big Tech has a leg up on the competition. And it makes competitors even more dependent on Big Tech companies. My colleague Hugh Langley highlights how size and reach, not just quality, will win the AI race and breaks down how Big Tech is set to reap most of the spoils.

The departure of ads chief Linda Yaccarino to Twitter has thrown NBCU into chaos. The exit comes on the heels of the departure of NBCU CEO Jeff Shell after sexual harassment allegations. One advertising executive who works closely with NBCUniversal described the situation inside the company as a "Cuban missile crisis." NBCU does have a deep bench of ad executive talent that's highly regarded in the ad industry. Although Yaccarino's departure from NBCUniversal to Twitter was a surprise, she had been close with the company and its billionaire owner.

☆ Fmr. NBCU Head of Advertising slated to be Twitter's next CEO, leaves role at NBCU
▼ + stars: | 2023-05-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. NBCU Head of Advertising slated to be Twitter's next CEO, leaves role at NBCUKara Swisher, New York Magazine editor-at-large, joins 'Last Call' to discuss Linda Yaccarino's hiring as Twitter's next CEO and her departure from NBCU.

Search resuls for: "Linda Yaccarino's"

18 mentions found