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☆ 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

Let's do this," tweeted Yaccarino, who also posted a picture of the logo projected onto the company's offices in San Francisco. loadingloadingBoth Yaccarino's and Musk's Twitter handles feature the X logo, although the Twitter blue bird is still visible across the platform. He also referred to the "interim X logo," and tweeted that "soon we shall bid adieu to the Twitter brand and, gradually, all the birds". In response to a tweet asking what will tweets be called under X, Musk replied "x's". loadingThe original Twitter logo was designed in 2012 by a team of three.

Persons: Carlos Barria STOCKHOLM, Elon Musk, Linda Yaccarino, Yaccarino, Musk, adieu, Martin Grasser, Matt Rhodes, Drew Benvie, Battenhall, Supantha Mukherjee, Martin Coulter, Aiden Nulty, Bharat Govind Gautam, Barbara Lewis Organizations: REUTERS, Twitter, PayPal, NBCUniversal, SpaceX, Thomson Locations: San Francisco , California, U.S, San Francisco, Elon Musk's, Stockholm, London, Bengaluru

☆ 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

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

"Need to reach positive cash flow before we have the luxury of anything else," Musk wrote in response to a tweet. Musk took over Twitter in October of last year in a deal valued at around $44 billion, including about $13 billion in debt. He also claimed at that time that the company was "roughly breakeven," and expected to become cash flow positive within the next quarter. A number of widely followed accounts on Twitter posted that they were dismayed they did not qualify to earn income from the program yet. It's not clear how much Twitter paid creators in total in this first round of payments.

Persons: Elon Musk, Porte, Alain JOCARD, ALAIN JOCARD, Musk, Linda Yaccarino, Comcast's NBCUniversal, NBCUniversal, Twitter, Andrew Tate —, Tate, influencers, Omar Qazi, Sawyer Merritt, Brian, Ed Krassenstein Organizations: SpaceX, Twitter, Porte de, Getty, BBC, CNBC, Internet Hall of Fame, of, X Corp Locations: Paris, AFP, Romania

☆ Twitter CEO says platform had its 'largest usage day' in 5 months amid reports users are flocking to Threads
▼ + stars: | 2023-07-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Twitter CEO Linda Yaccarino said the platform had its "largest usage day" in five months. The Twitter higher-ups appear to be concerned by the rapid popularity of Threads. Twitter CEO Linda Yaccarino said Monday that last week saw the platform's "largest usage day" since February. That appeared to be a taunt aimed at Threads, the Twitter competitor app released by Meta last Wednesday which is estimated to already have reached 100 million users. This week, Musk tweeted "Zuck is a cuck" and proposed a "literal dick measuring contest."

Persons: Linda Yaccarino, Cloudflare, Elon Musk, Insider's Nathan McAlone, Mark Zuckerberg, Musk, Zuckerberg, Twitter Organizations: Twitter, Meta, CNBC, iOS Locations: Similarweb

☆ Linda Yaccarino breaks silence on Twitter's rate limits: 'You need to make big moves to keep strengthening the platform'
▼ + stars: | 2023-07-05 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Twitter's new CEO Linda Yaccarino has broken her silence on the platform's new rate limits. Twitter's new CEO Linda Yaccarino has broken her silence on the platform's new rate limits. She wrote: "When you have a mission like Twitter -- you need to make big moves to keep strengthening the platform. Insider's Kali Hays reported that Twitter staff were also largely kept in the dark about abrupt change. The move was not announced to staff and workers received little communication from Musk and Yaccarino after the change, Insider reported.

Persons: Linda Yaccarino, Yaccarino, Elon Musk, Yoel Roth, Kali Hays, Twitter, Yaccarino's Organizations: Twitter, Financial Times, Reuters

☆ Twitter CEO backs widely criticized tweet-reading rate limits
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +2 min

Yaccarino wrote in her tweet: "when you have a mission like Twitter -- you need to make big moves to keep strengthening the platform." In the days since Musk's announcement, Twitter users posted screenshots showing they were unable to see any tweets, including on the pages of corporate advertisers, after hitting the limit. Twitter said only a small percentage of people using the platform have been affected by the limits. The limit took affect soon after Twitter began requiring users to log into an account on the social media platform to view tweets. Asked in an email why the CEO did not comment on the move until three days after it was announced, Twitter did not comment but sent Reuters a poop emoji, the company's standard response to media inquiries.

Persons: Linda Yaccarino, Yaccarino, Elon Musk, Musk, Khushi, David Gregorio Our Organizations: Twitter, Reuters, Thomson Locations: Bengaluru

☆ 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 and new CEO Linda Yaccarino kept Twitter staff in the dark during the days of 'rate limit' chaos
▼ + stars: | 2023-07-03 | by ( Kali Hays | ) www.businessinsider.com time to read: +5 min

Elon Musk abruptly decided to give all Twitter users a maximum amount of access to the site. Twitter workers have received little communication on the change from Musk and CEO Linda Yaccarino. The change allows users to view only a certain number of Tweets before being prevented from interacting with the site. "Neither of them have said anything about what's going on," one of the people familiar said, referring to Musk and new CEO Linda Yaccarino. Once Musk decided to implement the rate limit, many Twitter workers asked in private Slack channels if it was a permanent change.

Persons: Elon Musk, Linda Yaccarino, Musk, Chris Riedy, Yoel Roth, Twitter's, Sheldon Chang, Chang, Riedy, Lou Paskalis, Kali Hays Organizations: Twitter, AJL, Reuters Locations: khays

☆ 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

☆ Twitter CEO Linda Yaccarino hosted an office 'Tea Time' with workers in effort to boost low morale
▼ + stars: | 2023-07-01 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Linda Yaccarino is entering her second month as Twitter's CEO under Elon Musk's ownership. Linda Yaccarino is making an effort to get to know some of her new Twitter staff. The Twitter CEO, who started in early June after being handpicked by owner Elon Musk, has hosted two gatherings with Twitter workers, according to people familiar with the events. This past week Yaccarino hosted one Tea Time in Twitter's New York City office after hosting the first a few weeks ago in the San Francisco office. Her Tea Time gatherings are, in part, an effort to motivate Twitter's employees to want to come into the office.

Persons: Linda Yaccarino, Musk, Elon Musk, Yaccarino, Kali Hays Organizations: Elon, Twitter, NBCUniversal Locations: Twitter's New York City, San Francisco, khays

☆ Twitter's new CEO told staffers they need to use 'hand-to-hand combat' to convince advertisers to come back, report says
▼ + stars: | 2023-06-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Linda Yaccarino said staff must deploy "hand-to-hand combat' to win back advertisers, per the FT. The Twitter CEO's remarks follow the NYT's report that Twitter ad sales have fallen 59% in a year. Linda Yaccarino told Twitter staff they need to deploy "hand-to-hand combat" to win back advertisers who abandoned the platform, the Financial Times reported. Half of Twitter's advertisers pulled out shortly after Elon Musk bought the company in October. Yaccarino's comments further imply that more needs to be done to boost Twitter's ad business.

Persons: Linda Yaccarino, Elon Musk's, Elon Musk, Musk, Twitter Organizations: Twitter, Financial Times, The New York Times, Elon, BBC, Times

☆ 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

☆ 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 CEO Linda Yaccarino echoes Musk in emphasizing freedom of speech in debut tweet thread
▼ + stars: | 2023-06-12 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +4 min

In her first tweet thread since becoming CEO of Twitter last week, Linda Yaccarino on Monday emphasized the company's focus on free speech, a topic favored by owner Elon Musk. "Twitter is on a mission to become the world's most accurate real-time information source and a global town square for communication," Yaccarino wrote on Twitter and in a memo to employees. Prior to Twitter, Yaccarino was global advertising chief at NBCUniversal, CNBC's parent company. "We have the opportunity to reach across aisles, create new partnerships, celebrate new voices, and build something together that can change the world," Yaccarino wrote. Twitter is on a mission to become the world's most accurate real-time information source and a global town square for communication.

Persons: Linda Yaccarino, Elon Musk, Yaccarino, Musk, we're, Elon, that's, Linda, Ron DeSantis Organizations: Twitter, Pew Research Center Locations: NBCUniversal

☆ 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

☆ 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 no longer the CEO of Twitter
▼ + stars: | 2023-06-06 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Elon Musk announced last month he'd found a replacement for the Twitter CEO role. She began two weeks ahead of schedule, with Twitter's ad business currently struggling. Elon Musk is no longer the CEO of Twitter, as Linda Yaccarino started at the company on Monday. Musk first said he would step down as Twitter CEO in December after users voted in a poll. Musk said they quit in relation to controversy over Twitter limiting the visibility of "What is a Woman?"

Persons: Elon Musk, he'd, Linda Yaccarino, Yaccarino, Musk, He'd, it's, Matt Walsh, Twitter Organizations: Morning, Twitter, Fidelity, The New York Times

☆ Ex-NBCUniversal executive Joe Benarroch to join Twitter
▼ + stars: | 2023-06-04 | by ( ) www.reuters.com time to read: +1 min

June 4 (Reuters) - Former NBCUniversal executive Joe Benarroch will join Twitter on Monday, in a role focusing on business operations, he told Reuters. Benarroch said in an email that he was looking forward to working with the company's team to "build Twitter 2.0 together." From one bird to the next," tweeted incoming Twitter Chief Executive Linda Yaccarino, who was appointed in May. At Comcast Corp's (CMCSA.O) NBCUniversal, Benarroch oversaw communication strategy for its Advertising and Partnerships division, reporting to Yaccarino, who was advertising chief there before joining Twitter. Twitter's head of trust and safety, Ella Irwin, said on Thursday that she has resigned from the social media company.

Persons: Joe Benarroch, Benarroch, Linda Yaccarino, Twitter's, Ella Irwin, Brown, Dawn Chmielewski, Chandni Shah, Juby Babu, Will Dunham, Grant McCool Organizations: Twitter, Reuters, Comcast, Street Journal, Thomson Locations: Los Angeles, Bengaluru

☆ Twitter is starting to look a lot like Fox News
▼ + stars: | 2023-05-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Elon Musk's Twitter is starting to morph into a version of Fox News. Earlier this month, Tucker Carlson announced he would relaunch his show on the platform. Twitter is starting to look a lot like a certain conservative cable giant. Earlier this month, disgraced former Fox News host Tucker Carlson announced he'd be bringing his show to Twitter. Ron DeSantis would be announcing his presidential campaign on Twitter in a conversation with Musk.

☆ Is Twitter's new CEO, Linda Yaccarino, being set up to fall off the 'glass cliff'?
▼ + stars: | 2023-05-16 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

Elon Musk appointed Linda Yaccarino, a former NBCUniversal exec, to succeed him as CEO of Twitter. Amid Twitter's turmoil, some suggest that Yaccarino could fall prey to the so-called "glass cliff." While men often glide on a "glass escalator" to the corner office, women often confront a "glass ceiling." "I wish we were seen as good leaders in good times, too." I wish we were seen as good leaders in good times, too."

☆ NBC takes a swipe at Twitter after Elon Musk hired away a top exec: They 'just let all the crazies back in.'
▼ + stars: | 2023-05-15 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

NBCUniversal took a dig at Twitter on Monday, saying the platform "just let all the crazies back in." Last week, Linda Yaccarino resigned as NBCU's ad chief to join Twitter as CEO, to replace Elon Musk. NBCUniversal took a swipe at Twitter on Monday — just days after NBCU's top ad chief resigned to join Elon Musk's social media platform. Twitter may seem like the place to begin, but Twitter just let all the crazies back in," according to Axios media reporter Kerry Flynn, who reported from the event. Its ad chief, Linda Yaccarino, who'd been at the company for nearly 12 years, resigned last week to join Twitter.

☆ 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.

☆ Twitter's new CEO hasn't even started yet, but she already has a parody account that's 'suspended' Elon Musk
▼ + stars: | 2023-05-13 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Yaccarino already has a parody Twitter account – and it's "suspended" Musk. More than four months after vowing to step down as Twitter's CEO, Elon Musk has finally found someone to replace him. While she won't start until June, someone's already created a parody account under the username @lindayaccarina – and one of its first actions was to "suspend" Musk's Twitter account. The account, which states in its bio that it's an "official parody account of the Twitter ceo," already has 13,000 followers. Twitter responded to Insider's request for comment with an automated message that didn't address the inquiry.

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