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☆ One Year On, Twitter Continues to Burn a Hole Through Bank Balance Sheets
▼ + stars: | 2023-10-25 | by ( Alexander Saeedy | Cara Lombardo | ) www.wsj.com time to read: 1 min

The CEO of X, formerly known as Twitter, said the social-media platform is ‘just about break even’ and should turn a profit by early 2024. Photo: Jerod Harris/Getty Images for Vox MediaThe banks that financed Elon Musk’s $44 billion purchase of Twitter are still struggling a year later to contain the damage to their balance sheets. Seven banks including Morgan Stanley , Bank of America and Barclays lent Musk around $13 billion to buy Twitter a year ago this coming Friday. Under normal circumstances, they would have unloaded the debt to Wall Street investment firms soon thereafter. But investor appetite for Twitter, which Musk has since renamed X, has cooled since the billionaire took over, forcing the banks to hold the debt on their own balance sheets at a discounted value.

Persons: Jerod Harris, Morgan Stanley, Musk Organizations: Twitter, Getty, Vox Media, Elon Musk’s, Bank of America, Barclays, Wall Locations: Wall Street

☆ 4 small-business owners who swear by podcast interviews explain why they're a marketing strategy worth prioritizing
▼ + stars: | 2023-10-25 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +7 min

Insider talked with small-business owners to find out how to make the most of podcast interviews for marketing. Share your story instead of sellingGlogovac said you shouldn't go into podcast interviews with the mindset of pitching your product or service. Gunn likes to alternate between doing podcast interviews and writing online articles about similar topics to give customers multiple touchpoints. D'Angelo links to some of her favorite podcast interviews on the services page of her website, in part because it helps create warmer leads. Get yourself out there on a regular basisIt's important to give podcast interviews time — and do them consistently — to see results.

Persons: SBOs, —, Paul Gunn Jr, Michelle Glogovac, Lisa Haukom, Glogovac, Bryan Clayton, he's, Clayton, Gunn, Candice D'Angelo, Halle Alessia, D'Angelo Organizations: Small, Service, Kuog Inc, Vox Media, Halle Locations: Alabama, Florida

☆ Mired in economic crisis, Argentines weigh whether to hand reins to anti-establishment populist
▼ + stars: | 2023-10-22 | by ( ) www.cnbc.com time to read: +6 min

Argentines were going to the polls Sunday, as frustrated voters weigh handing the presidency to an anti-establishment, right-wing populist who has shaken up the political system and pledges to drastically overhaul the state. "Argentina is in for a wild ride," Benjamin Gedan, director of the Latin America program at the Washington-based Wilson Center, said. Whatever the results, Milei has already inserted himself and his libertarian party into a political structure dominated by a center-left and a center-right coalition for almost two decades. Argentines were also buying dollars and removing hard currency deposits from banks as the peso accelerated its already steady depreciation. That message resonated among many Argentines who watched their economic prospects wither under successive administrations in which both Massa and Bullrich served.

Persons: Javier Milei, Donald Trump, Benjamin Gedan, Milei, Patricia Bullrich, Sergio Massa, Massa, Bullrich, Ignacio Cardozo, Cristian Ariel Jacobsen, Jair, Eduardo, Tucker Carlson admiringly, Daniel Noboa Organizations: U.S ., America, Wilson Center, Former, Economy, Massa, Vox, Fox News, Trump Locations: Argentina, Washington, South, Buenos Aires, Ecuador

☆ Sam Bankman-Fried trial jury sees his profane message about regulators
▼ + stars: | 2023-10-18 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

It was one of several private messages that Bankman-Fried sent to a reporter for the news website Vox on Twitter, the social media platform now called X, that the defense sought to keep away from the jury during the trial in Manhattan federal court. In the trial, which began on Oct. 3, Bankman-Fried stands accused of looting billions of dollars in FTX customer funds to make investments, donate to U.S. political campaigns and prop up his hedge fund, Alameda Research. In one of the messages, Bankman-Fried told the reporter, "fuck regulators" and quickly added in another message, "they make everything worse." Bankman-Fried wrote that his prior statements in favor of regulating cryptocurrency were "just PR," meaning public relations. Reporting by Luc Cohen in New York; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, Andrew Kelly, Fried, Vox, Danielle Sassoon, Christian Everdell, Luc Cohen, Will Dunham Organizations: FTX, Manhattan, REUTERS, Twitter, Alameda Research, Prosecutors, Thomson Locations: New York City, U.S, Manhattan, New York

☆ More than 2 million people in Gaza are trapped in a humanitarian disaster
▼ + stars: | 2023-10-12 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +7 min

More than 2 million people live in the Gaza Strip, which is facing a punishing counterattack from Israel. Experts say Gaza is in the midst of a humanitarian crisis, and people are running out of basic supplies. The crisis is exacerbated by the fact that Gaza has been restricted under blockade for 16 years. So far, thousands have been killed or injured in the Palestinian territories of Gaza and the West Bank and in Israel. Groups are begging for the establishment of humanitarian corridors to bring in much-needed supplies to the trapped region.

Persons: —, António Guterres, Akshaya Kumar, Hamas —, Antony Blinken, John Kirby, Kirby, Kumar, Yoav Gallant, Gallant, Ivan Karakashian, they've, Ahmad Abuznaid, he's, Abuznaid, they're, Joe Biden, Israel, Blinken, Biden, Vox, that's Organizations: Experts, Service, Hamas, UN, World Health Organization, West Bank, Human Rights, CNN, White, Norwegian Refugee Council, US, Palestinian, State Department Locations: Gaza, Israel, Palestinian, Philadelphia, Egypt, of Israel, Jerusalem, Houston, Huwara, Jenin

Eventually, according to Ellison, Bankman-Fried chose the one that omitted a line saying "FTX borrows," hiding $10 billion in borrowed customer money. When asked by Sassoon why she continued with the scheme, Ellison said, "Sam told me to." She said Bankman-Fried told her she should have hedged and, "speaking loudly and strongly," said it was her fault. CEO Sam Bankman-Fried Bloomberg | Bloomberg | Getty ImagesEllison then went into her own emotional state. After all the movement of FTX money, the company only had $4 billion to cover $12 billion in customer holdings, she said.

Persons: Caroline Ellison, Yuki Iwamura, Sam Bankman, Saudi Crown Prince Mohammed bin Salman, Ellison, Fried, Danielle Sassoon, Genesis, Gary Wang, Nishad Singh, Bankman, FTX, Mark Cohen, District Judge Lewis Kaplan, Jane Rosenberg, Sassoon, Sam, Mohammed bin Salman, Jane Street, Slack, she'd, who'd, sloppily Organizations: Alameda Research, Bloomberg, Getty, Saudi Crown, U.S, District, Federal Court, Reuters, Stanford, Bankman, Wall, Alameda, New York Times, MBS, Vox, Forbes, Twitter, Toyota Corolla, Fried Bloomberg Locations: New York, Bankman, Alameda, FTX, New York City, U.S, San Francisco Bay, Saudi, Japan

☆ How Texas Monthly is cashing in on Hollywood's true crime obsession
▼ + stars: | 2023-10-10 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Streamers increasingly are leaning into true crime and stories about the heartland, and Texas Monthly can check those boxes. Of the publication's 50 film and TV projects, half fall into the true crime genre. "They're trying to reach the middle of the country, and we've got things that do that," Scott Brown, Texas Monthly's president, told Insider. Texas Monthly also has a first-look deal with Warner Bros. Sarah Aubrey, head of original content at Max (and an Austin native), told Insider Texas Monthly has an "uncanny ability" to identify not only gripping true crime but also cultural stories with unforgettable characters.

Persons: Richard Linklater, Oscar, we've, Scott Brown, Brown, Taylor Sheridan, Deborah Esquenazi, Sarah Aubrey, It's, Elizabeth Olsen, Max's, Jake Giles Netter, HBO Max, —, greenlit, James Reyos Organizations: Texas, Netflix, Hollywood, Warner Bros, HBO, HBO Max Texas, Entertainment, CAA Locations: Venice, Toronto, Houston, Scott Brown , Texas, Texas, Austin, Hollywood

☆ X CEO Linda Yaccarino bails on a Wall Street Journal conference after her trainwreck Code interview
▼ + stars: | 2023-10-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Linda Yaccarino has canceled a conference appearance after a trainwreck interview last month. The CEO of X, formerly Twitter, was mocked after seeming unprepared at Code Conference. AdvertisementAdvertisementLinda Yaccarino has pulled off the schedule of an upcoming conference following her disastrous interview at Vox's Code Conference last month. The CEO of X, formerly known as Twitter, will no longer be speaking at The Wall Street Journal's Tech Live conference next week. "Linda Yaccarino is now unable to attend the WSJ Tech conference next week," an X executive told Insider.

Persons: Linda Yaccarino, —, Linda, Yaccarino, Julia Boorstin, Elon Musk, Insider's Ben Bergman, Yoel Roth, Roth, Kara Swisher . Roth, Musk, Swisher Organizations: Twitter, Conference, Service, Vox's, Tech, WSJ Tech, Street Locations: Israel, Meta

☆ Tens of thousands protest against possible Catalan amnesty deal
▼ + stars: | 2023-10-08 | by ( Graham Keeley | ) www.reuters.com time to read: +3 min

[1/6] Unionist supporters protest against amnesty of separatist leaders and activists involved in the 2017 failed independence drive at Passeig de Gracia in Barcelona, Spain, October 8, 2023. Pedro Sanchez needs the support of Catalan separatist parties Junts and Esquerra Republicana de Catalunya, which want the unpopular amnesty in exchange for votes in parliament. An amnesty would put the government above democracy and the rule of law," said Javier Tapia, 55, a chemicals worker. The amnesty could potentially cover more than 1,400 people involved in the independence bid that came to a head in 2017, pro-separatist Catalan group Omnium estimates. Around 70% of respondents - 59% of them Socialist supporters – said they were against the idea of an amnesty in a poll in mid-September.

Persons: Passeig de Gracia, Albert Gea, Sanchez, Spain's, Pedro Sanchez, Junts, Alberto Nunez Feijoo, Santiago Abascal, Javier Tapia, Isabel Martinez, Feijoo, Francisco Franco, –, Graham Keeley, Joan Faus, Horaci Garcia, Guillermo Martinez, Andrew Cawthorne Organizations: Passeig, REUTERS, Barcelona, BARCELONA, Spain's, Socialist, People's Party, Vox, Sale, AMNESTY, European Union, Thomson Locations: Barcelona, Spain, Catalan, Catalonia

☆ US ad revenue at Musk's X declined each month since takeover -data
▼ + stars: | 2023-10-04 | by ( Sheila Dang | ) www.reuters.com time to read: +2 min

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. U.S. ad revenue dropped by 78% in December 2022 compared with the same month the previous year, the steepest monthly decline since the acquisition, according to ad analytics firm Guideline, which tracks advertising spending data from major ad agencies. Ad revenue in August, the latest data available from Guideline, declined 60% year-over-year. X declined to comment on the data. Last month, he accused the Anti-Defamation League of being the primary cause behind a 60% decline in U.S. ad revenue, though he did not provide a time frame.

Persons: Carlos Barria, Elon Musk, Linda Yaccarino, Yaccarino, Sheila Dang, Yuvraj Malik, Matthew Lewis Organizations: REUTERS, Twitter, Reuters, Reuters Graphics, Defamation League, ADL, Thomson Locations: San Francisco , California, U.S, China, Austin , Texas, Bengaluru

☆ FTX cofounder Gary Wang is set to testify against his childhood friend Sam Bankman-Fried. Here's what we know.
▼ + stars: | 2023-10-03 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

FTX cofounder Gary Wang was a critical player during the rise and fall of SBF's crypto empire . AdvertisementAdvertisementWhen Bankman-Fried cofounded Alameda Research in 2017, Wang reportedly left his role at Google. The tight group of executives reportedly included Wang, Bankman-Fried, Caroline Ellison, who was formerly Alameda's CEO, and Nishad Singh, FTX's former director of engineering. But at FTX, Wang was a somewhat reclusive figure, per reports. "All of the sudden that snapped into he was leaving that day, back to the US and implicitly mostly stopped working," Bankman-Fried told the news outlet.

Persons: Gary Wang, Wang, Sam Bankman, —, Bankman, MIT Wang, Wang's, Cherry Hill, Hector, Fried, Caroline Ellison, Nishad Singh, FTX's, Nishad, Gary, Singh, FTX, Ellison, Damian Williams, Ilan Graff, Sundar Organizations: Service, MIT, Bloomberg, Eastside, Epsilon Theta, Google, Forbes, Alameda Research, Court, District of, Sydney Morning Herald, Street Journal, Southern, of New York, Securities and Exchange Commission Locations: Oregon, Cherry Hill, New Jersey, China, Bahamas, Alameda, District of Delaware, FTX

☆ Elon Musk lashes out at journalist Kara Swisher and says she was 'foaming at the mouth' during an interview with a former X exec
▼ + stars: | 2023-09-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk has criticized journalist Kara Swisher over her interview with a former X executive. Swisher interviewed Yoel Roth at Vox Media's Code Conference on Wednesday. During the interview, Roth advised X CEO Linda Yaccarino to consider the risks of working with Musk, The Verge reported. However, in a follow-up post on X, Swisher said Yaccarino had known Roth would appear. In a separate post on X, Swisher called Boorstin's interview with Yaccarino "very tough but fair."

Persons: Elon Musk, Kara Swisher, Swisher, Yoel Roth, Vox, Linda Yaccarino, —, Roth, " Roth, Yaccarino, Musk, Kara, Julia Boorstin, chuckles, Jason Calacanis Organizations: Service, Twitter

☆ X CEO says the platform could turn a profit next year — and that most top advertisers have returned 'in the past 12 weeks'
▼ + stars: | 2023-09-28 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

X CEO Linda Yaccarino said her company could be turning a profit in early 2024. Yaccarino added that 90% of the platform's top 100 advertisers have returned in the "last twelve weeks." Yaccarino previously said that X was close to breaking even — echoing Musk's comments in April. AdvertisementAdvertisement"90% of the top 100 advertisers have returned to the platform in the last twelve weeks alone," Yaccarino added. Yaccarino appeared to be referring to the exodus of advertisers from the platform after its acquisition in October last year.

Persons: Linda Yaccarino, Yaccarino, X, —, CNBC's Julia Boorstin, Musk, Twitter —, Elon Musk Organizations: Service, BBC, Twitter, Elon, Media, New York Times Locations: NBCUniversal

☆ Right-wing media fumes over Univision anchor’s debate questions
▼ + stars: | 2023-09-28 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —Republicans are enraged that their safe space was punctured at the second GOP debate by a Univision anchor. After welcoming viewers in Spanish (the debate was simulcast on Univision), Calderón queried the Republicans through the night on weighty issues related to immigration, hate crimes, health care, and more. But unlike what is typical on Fox News, Calderón declined to frame her questions in a manner favorable for the Republican candidates. “The Univision anchor’s questions seem to come from the comments section of Salon and Vox,” talk radio host Buck Sexton said. “I think the Univision lady thinks she’s at a Democratic Debate,” Fox News commenter Tomi Lahren added.

Persons: Ilia Calderón, Calderón, “, ’ ”, Ron DeSantis, Mike Pence, I’ve, Bud Light, Dylan Mulvaney, Greg Gutfeld, ” Gutfeld, Buck Sexton, commenter Tomi Lahren, ”, Matt Schlapp, Donald Trump, bode Organizations: CNN, Univision, Fox News, Republican, Los Angeles Times, Gov, Department of Homeland Security, “ Fox, DNC, Fox, RNC, Republican Party

☆ X CEO Linda Yaccarino says she's yet to see Elon Musk in 'demon mode'
▼ + stars: | 2023-09-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

X CEO Linda Yaccarino says she is yet to see Elon Musk in "demon mode"Musk's "demon mode" is described by his biographer as a state "with a real lack of empathy." AdvertisementAdvertisementX CEO Linda Yaccarino says she's yet to see Elon Musk in "demon mode." Musk's "demon mode" is described by his biographer Walter Isaacson as a state that is productive but "dark" and lacking in empathy. AdvertisementAdvertisementIsaacson said when the billionaire was in "demon mode" he would "go dark" and he'd know Musk was "just going to rip that person apart." The audience at one point when the X CEO said: "Who wouldn't want Elon Musk sitting by their side running product?"

Persons: Linda Yaccarino, Walter Isaacson, Grimes, —, Yaccarino, CNBC's Julia Boorstin, Isaacson, " Isaacson, Elon Musk, Yoel Roth, Twitter's Organizations: Elon, Service, Vox's, Twitter

☆ OpenAI's GPTBot and other AI web crawlers are being blocked by even more companies now
▼ + stars: | 2023-09-28 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

Unique, high quality data, mainly scraped from the web, is vital to the performance of AI models. AdvertisementAdvertisementMore and more companies are trying to avoid having their data freely scraped and saved by web crawlers working for the benefit of AI models. Last month, OpenAI last revealed its own crawler, GPTBot, saying it would respect robots.txt, a decades-old method through which a website can tell a web crawler to ignore it. Many more companies are now also blocking CCBot, a web crawler used by Common Crawl. AdvertisementAdvertisementSee below for a full list of the biggest websites now blocking GPTBot and CCBot as of Sept. 22:Blocking GPTBotamazon.comquora.comnytimes.comtheguardian.comshutterstock.comwikihow.comcnn.comsciencedirect.comusatoday.comhealthline.comstackexchange.comalamy.comscribd.comwebmd.combusinessinsider.comdictionary.comreuters.comwashingtonpost.commedicalnewstoday.comnpr.orgcbsnews.comgoodhousekeeping.comamazon.co.uktumblr.comlatimes.cominsider.comglassdoor.comvocabulary.cominvestopedia.comslideshare.netamazon.decosmopolitan.comnbcnews.comindiamart.comstackoverflow.comhindustantimes.combloomberg.comcnbc.compeople.comtvtropes.orgamazon.invimeo.comverywellhealth.comikea.comespn.comindianexpress.comthesaurus.compbs.org123rf.comwattpad.comvariety.comtoday.compopsugar.comthespruce.comuol.com.bramazon.frgeeksforgeeks.orgelle.comeconomictimes.compcmag.comtheverge.comallrecipes.comthoughtco.comrollingstone.comwired.comnextdoor.comhollywoodreporter.comabc.net.auew.comamazon.canews18.comwomenshealthmag.comrateyourmusic.comamazon.co.jptechradar.comairbnb.comndtv.comlifewire.comtomsguide.comvulture.comeverydayhealth.compolygon.comtheconversation.comesquire.comprnewswire.combillboard.commenshealth.commetro.co.ukcountryliving.commashable.comgamesradar.comthehindu.comtimesofindia.comdeadline.comharpersbazaar.commedscape.comnymag.comrefinery29.comradiotimes.comcbssports.comtandfonline.comtheatlantic.comtrulia.comamazon.espinterest.esnationalgeographic.combhg.comeater.comsouthernliving.comhealthgrades.comvice.compicclick.combustle.comnewyorker.comeonline.comdigitalspy.comopentable.compinterest.dethepioneerwoman.comcaranddriver.combyrdie.comlivemint.commedicinenet.comteacherspayteachers.comcookpad.comthespruceeats.combizjournals.compagesjaunes.frliputan6.comdelish.commasterclass.comarchiveofourown.orgvox.comrealsimple.comaarp.orgfrancetvinfo.frpinterest.frkumparan.comtheathletic.comtravelandleisure.comvogue.comlivescience.comapartments.commarketwatch.comglamour.comamazon.itcinemablend.comthrillist.comamazon.com.brpinterest.co.ukangi.comalamy.esusmagazine.comdistractify.combbcgoodfood.comjagran.commercadolibre.com.mxandroidauthority.comcity-data.comfoodandwine.comhellomagazine.comamazon.com.augq.comingles.comamarujala.comieee.orgprevention.comstern.dekbb.comedmunds.commarthastewart.compcgamer.comjustanswer.comhealth.com20minutes.frfortune.comhomes.comscientificamerican.compopularmechanics.comverywellfit.comvanityfair.comchicagotribune.comverywellmind.comhousebeautiful.comcntraveler.comallure.comspanishdict.comneverbounce.comanswers.commoneycontrol.comarchitecturaldigest.comslate.comlonelyplanet.cominverse.comcorriere.itactu.frself.comtripsavvy.cominstyle.comeatingwell.comsuperuser.comwelt.despiegel.dewomansday.comseventeen.comhbr.orgoprahdaily.comautotrader.combonappetit.comsueddeutsche.deseriouseats.comliveabout.comseattletimes.comcoursera.orglivehindustan.comfrance24.comtownandcountrymag.comdotesports.comworldplaces.mefaz.netteenvogue.commotor1.comnj.comglamourmagazine.co.ukokdiario.combrides.comstylecaster.comalamyimages.frjagranjosh.comtheglobeandmail.comaxios.comfrancebleu.frtabelog.comthebalancemoney.comnydailynews.comsheknows.comnaomedical.comverywellfamily.comBlocking CCBot

Persons: —, OpenAI, GPTbot, Conde Nast, Masterclass, Kelly, robots.txt, verywellhealth.com, indianexpress.com Organizations: Service, Amazon, Guardian, NPR, CBS News, CBS Sports, NBC News, CNBC, Yorker, Hearst, New York Times Locations: USA, Europe, Originality.ai, androidauthority.com

☆ Elon Musk's biographer says X CEO's rocky interview was 'not a pretty sight' but she's 'the right person' for the job
▼ + stars: | 2023-09-28 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +6 min

Walter Isaacson still believes Elon Musk chose "the right person" in Linda Yaccarino to be X's CEO. The Musk biographer acknowledged the CEO's rocky interview at Code Conference was "not a pretty sight." AdvertisementAdvertisementElon Musk's biographer is still confident in the billionaire's choice to name Linda Yaccarino the CEO of X, formerly known as Twitter — despite a rocky interview at Vox Media's Code Conference. X CEO seemed unsure at times, played defense during interviewYaccarino's appearance at Vox's Code Conference on Wednesday quickly became the talk of X — with her performance drawing scrutiny and criticism. The X CEO decided to go on after his interview for the chance to get the last word in, according to Swisher.

Persons: Walter Isaacson, Elon Musk, Linda Yaccarino, Isaacson, Yaccarino, —, Elon, I'm, Yoel Roth, Roth, Musk, Kara Swisher, Swisher, Julia Boorstin, Mark Zuckerberg, Boorstin, Insider's Bergman Organizations: Twitter, Service, Economic, of New, Code, Vox's, Wednesday, CNBC, Meta Locations: NBCUniversal, of New York, Miami, Swisher, Meta

☆ NFL tells X it's concerned about placement of ads on white nationalist accounts
▼ + stars: | 2023-09-28 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

The National Football League on Thursday responded to a recent report that pointed out its ads were placed on white nationalist feeds on Elon Musk's social media platform, X. "NFL unequivocally denounces any form of hate speech and has absolutely no association with these individuals or any group that promotes racism," NFL spokesman Brian McCarthy told NBC Sports' Pro Football Talk. The NFL did not indicate if they would pull ads from the platform, or if X would remove the ads from the white nationalist accounts. Media Matters found five white nationalist accounts, with a total of 1 million followers, where NFL ads appeared. Yaccarino struggled to answer key questions regarding company matters, including hate speech and antisemitism, at Vox Media's 2023 Code Conference on Wednesday.

Persons: Brian McCarthy, Musk, X, CCDH, Brian Rolapp, Linda Yaccarino, innovating, Yaccarino, Vox Organizations: National Football League, Elon, NFL, NBC Sports, CNBC, Media, Twitter, Center

☆ Linda Yaccarino denies X is disbanding its election integrity team – hours after Elon Musk posted that they are 'gone'
▼ + stars: | 2023-09-28 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Linda Yaccarino said X's election integrity team was "robust and growing" after reports of job cuts. But Elon Musk posted that the team was "undermining election integrity" and was "gone." Tense interview saw Yaccarino deny that she is "CEO in name only" and that Musk is hard to work with. AdvertisementAdvertisementX CEO Linda Yaccarino disputed reports that X is completely gutting its election integrity team, despite Elon Musk seeming to confirm this just hours before. "Oh you mean the "Election Integrity" Team that was undermining election integrity?"

Persons: Linda Yaccarino, Elon Musk, Yaccarino, —, CNBC's Julia Boorstin, Musk, they're Organizations: Service

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsSept 27 (Reuters) - Social media platform X could turn a profit in early 2024, Chief Executive Officer Linda Yaccarino said on Wednesday, during a wide-ranging interview in which she defended the company's progress under billionaire owner Elon Musk. The appearance at Vox Media's Code conference comes as Yaccarino marked 100 days as CEO of the platform formerly known as Twitter. "The velocity of change and the scope of ambition at X really does not exist anywhere else," Yaccarino said. Yaccarino added that about 1,500 advertisers have returned to the platform in the last 12 weeks, and that 90% of the company's top 100 advertisers have returned.

Persons: Carlos Barria, Linda Yaccarino, Elon Musk, Yaccarino, Musk, X, Dawn Chmielewski, Sheila Dang, Kim Coghill, Christian Organizations: REUTERS, Twitter, Anti, Defamation, ADL, Thomson Locations: San Francisco , California, U.S

☆ The Life Cycle of New York Galleries
▼ + stars: | 2023-09-28 | by ( M.H. Miller | ) www.nytimes.com time to read: +10 min

The Life Cycle of New York Galleries What does being the center of the art world do to a neighborhood? BROOME STREET GRAND STREET WOOSTER STREET GREENE STREET MERCER STREET CROSBY STREET HOUSTON STREET CANAL STREET WEST BROADWAY BROADWAY LAFAYETTE STREET PRINCE STREET SPRING STREET opacity=0PRE-1950SIn the early 20th century, the area south of Houston, north of Canal, bounded roughly by West Broadway on one side and Lafayette/Centre Street on the other, was notorious for sweatshops and factory fires. Photo: Bob Adelman1968In 1968, a group called the SoHo Artists Association formed in order to help legalize loft living in manufacturing buildings. The reputations of these dealers helped cement the neighborhood as the center of the New York art world, though SoHo remained, in some ways, sparse. In 1996, the SoHo Grand Hotel opened on West Broadway (the Mercer would open the following year).

Persons: Edward Cavanagh Jr, Robert Moses, Bronx . Walter Albertin, Little Italy —, Jane Jacobs, Fred W, “, Chester Rapkin, Houston —, Allan Tannenbaum, Donald Judd, James Rosenquist, Julie Finch, Frank Stella, John Chamberlain, Claes Oldenburg, Bob Adelman, John Dominis, Paula Cooper, Alan Shields, Judd, Leo Castelli, André Emmerich, Ileana Sonnabend, John Weber, Sam Falk, Sol LeWitt, — Carol Goodden, Tina Girourard, Gordon Matta, Clark —, Sandra Zalman, ” Gordon Matta, Clark’s “ Matta Bones, Clark, Andrew Sarchiapone, Cooper, Moira Hodgson, Pepe Diniz, Peter Gabriel, Mick Jagger, Keith Haring, Tony Shafrazi, Martin Scorsese, — Brooke Alexander, Gruenebaum, Baskerville, Watson, Victoria Munroe, Witkin, ’, Larry Gagosian, Lee B, Ewing, Solomon R, Bill Cunningham, Moss, Mercer, Prada, Michael Moran, OTTO, Bloomingdale’s, Jeffrey Isaac Greenberg, Hauser & Wirth, Marc Payot Organizations: STREET WOOSTER, STREET, STREET CROSBY STREET, WEST BROADWAY BROADWAY LAFAYETTE STREET PRINCE, West Broadway, Cross, Bronx ., of Congress, Interim, Lower, Manhattan, Authority, City Club of New, Houston, Fairweather, James Rosenquist Foundation, ARS, SoHo Artists Association, Student, Broadway, New York Times, New, New York City Landmarks Preservation, Vox Media, New Museum, “, The Times, The New York Times, Guggenheim Museum, Guggenheim, Guggenheim SoHo, Voice, Women’s Action Coalition, Boys ’, Hauser &, Wooster, Adidas, Wirth’s, Hauser, Wirth Locations: Soho, Houston, Canal, Lafayette, Manhattan, Bronx, Hell’s, Little Italy, Lower Manhattan Expressway, City Club of New York, New York City, , New York, Vietnam, SoHo, York, , New York City , New York, Wooster, New York, French, Sixth, Prince, West Chelsea

☆ X CEO slams claims she's CEO in name only as 'not nice;' 'Who wouldn't want Elon Musk sitting by their side running product?'
▼ + stars: | 2023-09-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

X CEO Linda Yaccarino slammed questions on whether she's running the company as "not nice." The X CEO took the stage shortly after an ex-Twitter staffer spoke on his negative experience at the company. AdvertisementAdvertisementX CEO Linda Yaccarino slammed claims she's watching Elon Musk run the social media company from the sidelines in an openly tense dialogue about working with the famously controlling billionaire. I don't care what the structure is at Meta, but who wouldn't want Elon Musk sitting by their side running product?" Before joining X, Yaccarino served as chairman of advertising sales and client partnerships at NBCUniversal.

Persons: Linda Yaccarino, Elon Musk, —, she's, Yaccarino, CNBC's Julia Boorstin, Boorstin, Mark Zuckerberg, Walter Isaacson, Tesla, Martin Eberhard, Tim Higgins, he's, Elon, Kara Swisher's, Yoel Roth, Swisher . Roth, Musk, Insider's Kali Hays, Lara O'Reilly Organizations: Twitter, Service, Vox's, Meta Locations: Meta, NBCUniversal

☆ Full-frontal nude dating show ‘Naked Attraction’ premieres on Max
▼ + stars: | 2023-09-27 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +3 min

REUTERS/Danny Moloshok/File Photo Acquire Licensing RightsSept 27 (Reuters) - A new addition to streaming service Max strips the reality dating show genre down to its bare essentials. "Naked Attraction" features six nude contestants in glass booths whose body parts are gradually revealed, “bit by lovely bit,” until a single contestant is chosen for a date. “I will remind you that HBO is the home of ‘Real Sex’ and ‘Cathouse,'” Bloys said at the Vox Media’s Code 2023 conference, referring to other explicit shows. “You need an entire mix of programming.”Discovery+ acquired all seasons of "Naked Attraction," in a 2021 deal with Britain-based distributor All3Media. As of Wednesday, the show was the most popular series on the streaming service, a week after its launch.

Persons: Casey Bloys, Danny Moloshok, Max, ” Casey Bloys, ‘, Bloys, CNN Max, Ana Navarro, Dawn Chmielewski, Cynthia Osterman Organizations: HBO, HBO Television, Association Summer Press, REUTERS, Max, ‘, Vox, Warner Bros, Discovery, CNN, Thomson Locations: Beverly Hills , California, U.S, Britain, Italy, Sweden, Singapore, American, Dana Point , California

☆ Spain's right-wing leader fails in first bid to become prime minister
▼ + stars: | 2023-09-27 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Spain's right-wing opposition leader Alberto Núñez Feijóo on Wednesday failed to gain the absolute majority of parliamentary votes needed to become prime minister. Feijóo received 172 votes in favor of his mandate in the Wednesday session — four short of the absolute 176 majority needed from the 350-strong parliament. Despite his electoral win over the summer and support from hard right party Vox, Feijóo's Popular Party has so far failed to stitch together the critical support. Should he fail, acting Prime Minister and Spanish Socialist Workers' Party leader Pedro Sanchez has two months to undergo a similar two-vote process in a bid for investiture, before parliament dissolves on Nov. 27 and elections are called on Jan. 14. A potential pardon could bring on the side the support of self-exiled former Catalonia leader Carles Puigdemont's Junts per Catalunya.

Persons: Alberto Núñez Feijóo, Feijóo, Vox, Feijóo —, Felipe VI, —, Pedro Sanchez, Sanchez, Carles Puigdemont's Junts, Puigdemont, Raquel Sans Organizations: Feijóo's Popular Party, Spanish Socialist Workers ' Party, Popular Party, Reuters, Republican Left Locations: Spanish, Spain, Catalan, Catalonia, Catalunya, Madrid

☆ Microsoft technology chief says supply of Nvidia's AI chips is improving
▼ + stars: | 2023-09-27 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

"Demand was far exceeding the supply of GPU capacity that the whole ecosystem could produce," Scott told the Verge's Nilay Patel. Microsoft, like Google and other tech companies, has been quickly adding generative AI to its own products and selling the technology's capabilities to clients. Training and deploying the underlying AI models has mainly relied on Nvidia's GPUs, creating scarcity of supply. Nvidia expects to increase supply each quarter through next year, finance chief Colette Kress told analysts on last month's earnings call. Traffic to ChatGPT has declined month over month for three consecutive months, Similarweb said in a blog post.

Persons: Nilay Patel, Kevin Scott, Scott, OpenAi, we've, Patel, that's, Colette Kress, Similarweb, I'm, Doug Clinton Organizations: The Ritz, Carlton Laguna, Microsoft, Nvidia, Training, Qualcomm, PCs Locations: Dana Point , California, OpenAI

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