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☆ Linda Yaccarino and X got off easy at the Senate hearing
▼ + stars: | 2024-01-31 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +1 min

At the Senate hearing on child exploitation and social media, X CEO Linda Yaccarino wasn't grilled like her peers. Most of the focus was on Meta CEO Mark Zuckerberg and TikTok CEO Shou Zi Chew. Yaccarino said that less than 1% of X users in the US are under the age of 18. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . TikTok CEO Shou Zi Chew also was frequently put in the hot seat, but a big chunk of that was over the app's ties to China, not teen safety.

Persons: Linda Yaccarino, Mark Zuckerberg, Shou Zi Chew, Yaccarino, —, Zuckerberg Organizations: Service Locations: China

☆ Lawmakers to grill CEOs of Meta, TikTok, X and other social media firms at hearing on child safety
▼ + stars: | 2024-01-31 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +4 min

Mark Zuckerberg, Linda Yaccarino, Evan Spiegel and other leading social media executives face a grilling on Wednesday from lawmakers concerned about child exploitation and safety on their services. Lawmakers from both sides of the aisle have blasted the companies for failing to properly address what some have called a "plague of online child sexual exploitation" on social media apps. Wednesday's hearing is focused specifically on issues pertaining to child exploitation and the prevalence of child sexual abuse material on social media. The social media executives are expected to detail their efforts combating child exploitation on their platforms, which include working with law enforcement and tasks like proactively identifying potential predators. Watch: Early Meta platforms investor Brad Gerstner tackles big tech ahead of key earnings week

Persons: Mark Zuckerberg, Linda Yaccarino, Evan Spiegel, —, Shou Zi Chew, Jason Citron, Sen, Dick Durbin, Lindsey Graham, S.C, Citron, Meta, Brad Gerstner Organizations: Meta, U.S, Senate, Intelligence, Capitol, Washington , D.C, TikTok, Spiegel, Google YouTube, Committee, Lawmakers, Electronic Frontier Foundation, American Civil Liberties Union Locations: Washington ,, Washington, . New

☆ Meta CEO Mark Zuckerberg apologizes to parents at online child safety Senate hearing
▼ + stars: | 2024-01-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta CEO Mark Zuckerberg apologizes to parents at online child safety Senate hearingMark Zuckerberg, Linda Yaccarino, Evan Spiegel and other leading social media executives face tough questions from U.S. lawmakers concerned about child exploitation and safety on their services. U.S. Sen. Josh Hawley, R-Mo., presses Zuckerberg on social media's effects on families and children.

Persons: Mark Zuckerberg, Linda Yaccarino, Evan Spiegel, Sen, Josh Hawley, Zuckerberg

☆ Premarket stocks: Blue chips are crumbling. Here’s why
▼ + stars: | 2024-01-30 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —Blue chip stocks have long been synonymous with stability and reliability. Named for the most valuable poker chips, these stocks supposedly represent the crème de la crème of the corporate world, companies like Disney, General Motors and Verizon. Known for their strong financial foundations, longevity, and a healthy flow of dividends, blue chip stocks have long been the go-to for investors seeking steady returns. Their values have surged so high that they’ve been buoying the broader market even as many blue chips have struggled. The problem is that despite being included in blue chip ETF indexes, companies like Nvidia and Tesla aren’t truly blue chip stocks, George Pearkes, an analyst at Bespoke, told CNN.

Persons: Tesla, ”, Henry Allen, George Pearkes, Mark Zuckerberg, Zuckerberg, Linda Yaccarino, Evan Spiegel, Jason Citron, Read, Brian Fung, Joe Biden, Frank Pallone Organizations: CNN Business, Bell, New York CNN, Disney, General Motors, Verizon, Nvidia, Apple, Microsoft, Meta, Investment, Nasdaq, Big Tech, Deutsche Bank, Tesla, Target, Pfizer, Nike, Charter Communications, CNN, Tech, —, House Democrats, New, New Hampshire voters, YouMail, House Energy, Commerce Locations: New York, DC, —, New Hampshire

☆ Elon Musk reportedly prefers to hire people who've never been laid off
▼ + stars: | 2024-01-30 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

Elon Musk reportedly still has a hand in hiring at X — and he's got some clear preferences. In an anonymous interview with Fortune, a person involved in hiring at X broke down how to get hired at the company. Musk, who handed over the title of CEO to Linda Yaccarino last year, used to be involved in directly interviewing potential hires. He has since taken to reviewing applications and giving yes or no answers to hires, the person said. Musk has laid off his fair share of workers.

Persons: Elon Musk, he's, Fortune, Musk, Linda Yaccarino, who'd, he'd, it's Organizations: SpaceX, Business Locations: Austin , Texas

☆ Kids aren’t safe on social media, lawmakers say. Tech CEOs are back in DC this week to pledge (again) that they’ll handle it
▼ + stars: | 2024-01-29 | by ( Brian Fung | Clare Duffy | ) edition.cnn.com time to read: +8 min

Until now, the social platforms have largely had the same response: We’ll help teens and families make smart decisions themselves. But now, with growing claims that social media can hurt young users, including worries that it risks driving them to depression or even suicide, online safety advocates say that response falls far short. This month Meta announced a proposed blueprint for federal legislation calling for app stores, not social media companies, to verify users’ ages and enforce an age minimum. Safety action beyond CongressAs efforts to rein in tech platforms have ground to a standstill on Capitol Hill, much of the momentum for regulating social media has picked up outside the halls of Congress. Elsewhere, state-backed and consumer lawsuits against the companies are ramping up pressure to regulate tech platforms as the litigation reveals more about their inner workings.

Persons: Mark Zuckerberg, Zuckerberg, Linda Yaccarino, Evan Spiegel, Jason Citron, ”, Jeff Chester, TikTok, ’, Meta, ’ Instagram, Frances Haugen, Josh Golin, Zamaan Qureshi, Qureshi, Elon Musk, X, ” Golin Organizations: CNN, —, Center for Digital Democracy, Meta, Center, ” Locations: —, Arkansas , Louisiana , Ohio , Utah, Austin , Texas

☆ MrBeast says he made more than $250,000 off his first X video, but he thinks it's 'a bit of a facade'
▼ + stars: | 2024-01-23 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

AdvertisementMrBeast says he made over a quarter of a million dollars on his first X video, but the YouTube megastar also says the figure is "a bit of a facade." MrBeast, whose real name is Jimmy Donaldson, wrote about the revenue he earned in an X post on Monday. "MY FIRST X VIDEO MADE OVER $250,000!" MY FIRST X VIDEO MADE OVER $250,000! "I'm curious how much ad revenue a video on X would make so I'm reuploading this to test it.

Persons: MrBeast, —, YouTube megastar, Jimmy Donaldson, Donaldson, lon, latform., ake Organizations: YouTube, Service Locations: usk

☆ YouTube star MrBeast makes more than $263,000 in X video, but calls it ‘a bit of a facade’
▼ + stars: | 2024-01-22 | by ( Zach Vallese | ) www.cnbc.com time to read: +3 min

"MY FIRST X VIDEO MADE OVER $250,000!" In the video, Donaldson and his team venture into a variety of automobiles, including flying cars and amphibian cars. X launched its Creator Revenue Share program last year, offering creators a share of the ad revenue made from their posts. Musk welcomed his video to X with a quote post that read, "First MrBeast video posted directly on X!" While his reported revenue from his debut X video looks like a big number, it's not a lot for MrBeast.

Persons: Jimmy Donaldson, Donaldson, Jay Leno, X, Elon Musk, Tucker Carlson, Don Lemon, Tulsi Gabbard, Musk, Linda Yaccarino, wouldn't, it's Organizations: Nickelodeon, Microsoft Theater, YouTube, Twitter, Forbes, Amazon Locations: Los Angeles, Puck

☆ X is left with advertisers pushing dubious cryptocurrency and AI 'undressing' apps, users say after Musk's outburst
▼ + stars: | 2024-01-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Some X users are complaining the site is overrun with ads pushing crypto and AI "undressing" apps. Social media experts say an advertiser exodus has left X reliant on less reputable buyers. AdvertisementElon Musk's war on advertisers seems to be having some unintended consequences for X. Business InsiderOther suspect advertisements have been spotted on the site, with users also complaining about a surge in ads on their timelines for "undressing" apps. "It also shows the race to the bottom that the X platform has fallen into," he added.

Persons: Elon Musk, —, Elon, xqCDa7Ilgm, kevin harrish, Jeff MacDonald, Mekanism, Hamza Mudassir, Musk, Alex Jones, MacDonald, Linda Yaccarino, X, Matt Navarra Organizations: Social, Service, Business, Twitter, Media, Cambridge University, Apple, Disney, The New York Times, Times, IBM, Walmart

☆ Fidelity fund again trims Elon Musk’s X valuation
▼ + stars: | 2024-01-02 | by ( Brian Fung | ) edition.cnn.com time to read: +1 min

The latest disclosure by a Fidelity mutual fund reflects a long-running trend that has steadily reduced X’s estimated value over the past year amid successive crises at the company, many of which have been driven by owner Elon Musk. The filing said its shares in X represent less than .01% of the total value of the fund, which it said is more than $49 billion. Fidelity did slightly increase its estimated value of X multiple times last summer, around when Linda Yaccarino became X’s CEO. Since then, however, Fidelity has continued to cut the estimated value of its X shares. With X being privately held, Fidelity’s estimates have emerged as a closely watched indicator of X’s health and a reflection of the attitudes of Musk’s own investors.

Persons: Musk, Elon Musk, Fidelity’s, Linda Yaccarino Organizations: CNN, Investment, Fidelity, Twitter, Growth, Axios

☆ Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
▼ + stars: | 2023-12-20 | by ( Alex Sherman | ) www.cnbc.com time to read: +14 min

Executive 2: Bob Iger will, again, extend his contract as Disney CEO Earlier this year, Disney CEO Bob Iger renewed his contract through 2026. This executive predicted "fool me five times, shame on me." This executive predicted Peltz and Rasulo will win their campaign and both join the board. This person predicted Disney would purchase privately held Candle Media to acquire Moonbug Entertainment, the owner of CoComelon. This executive predicted Yaccarino would either lose patience or find her job increasingly pointless and leave the company in 2024.

Persons: Andrew Ross Sorkin, Walt Disney Company Bob Iger, Michael M, David Zaslav, Slaven Vlasic, NBCUniversal, Brian Roberts, Roberts, Donna Langley, Bob Iger, Iger, Nelson Peltz, Jay Rasulo, Marco Bello, Peltz, Rasulo, Disney's, Dana Walden, Dana Walden Jason Laveris, Disney Entertainment Dana Walden, Walden, Bob Chapek, Andrew Wilson, Wilson, Chris Licht wouldn't, McCarthy, Andrew Wilson Michael Newberg, Kevin Mayer, Mayer, Bryan van der Beek, Tom Staggs, Staggs, Jayson Tatum, Kyle Terada, NBCUniversal's Peacock, Alec Martinez, Gray, Discovery's Max, Jeff Zucker, Lady Michelle Obama's, Michelle Obamas, Cheriss, Gerry Cardinale, Jeff Shell, RedBird, Shari Redstone's, David Ellison, Byron Trott, Zucker, Mark Thompson, Linda Yaccarino, X Linda Yaccarino, Vox, Jerod Harris, Yaccarino, CNBC's Julia Boorstin, Boorstin, Elon Musk's, Jason LaVeris, Barbie, Mario, Oppenheimer, LightShed's Greenfield Organizations: Walt Disney Company, New York Times, Santiago, Getty, Jazz, Lincoln Center, Warner Bros ., Comcast, Warner Bros, Discovery, Disney, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Filmmagic, Disney Entertainment, Electronic Arts, CNBC, Candle Media, Iger, Media, Moonbug Entertainment, Apple Boston Celtics, Golden State Warriors, USA, National Basketball Association, NBA, Apple, The College, ESPN, College, NHL, MLB, Vegas Golden Knights, Florida Panthers, Mobile, National Hockey League, Diamond Sports Group, Scripps, Gray Television, Las Vegas Golden Knights, Arizona Coyotes, Phoenix Suns, Street Journal, Netflix, Hulu, Max, Paramount, RedBird, Paramount Global, CNN Worldwide, CNN, NurPhoto, BDT, The Ritz, Carlton, FilmMagic, Mario Bros Locations: New York City, Disney, Miami , Florida, Las Vegas , Nevada, Laguna Niguel, Dana Point , California

☆ Elon Musk is beefing with Paris Hilton now
▼ + stars: | 2023-12-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk says he didn't find the advertising campaign for Paris Hilton's cookware "super convincing." Musk has been on the warpath with advertisers of late as more companies pull ads from X. AdvertisementIt looks like Elon Musk is training his furor at advertisers on a brand new target — Paris Hilton. Besides advertising her cookware on X, Hilton has also promoted her products on Instagram and TikTok. Representatives for Musk and Hilton did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

Persons: Elon Musk, Musk, —, Paris Hilton, Linda Yaccarino, he's, Hilton, hasn't, Hey Bob, Bob Iger Organizations: Service, Disney, IBM, New York Times DealBook, Musk, Business Insider Locations: Paris

☆ Politicians, particularly Democrats, continue to spend a fortune on Twitter ads even as advertisers leave the platform in droves
▼ + stars: | 2023-12-01 | by ( Madison Hall | ) www.businessinsider.com time to read: +6 min

One group, however, continues to spend on X promotions: political campaigns. AdvertisementAccounting for political ads promoting the accounts of political and other cause-based groups, X has brought in more than $4.5 million. According to the data, groups have spent just over $900,000 promoting Democratic accounts compared to the approximately $840,000 on Republican ones. AdvertisementFor example, more than $330,000 has been spent promoting GOP presidential candidate and Florida Gov. Democrats tend to spend more and spend earlier on digital, according to a Democratic campaign strategist.

Persons: Elon Musk, —, it's, Musk, he's, they've, Ron DeSantis, Biden, Montana Sen, Jon Tester who's, Ruben Gallego, who'll, Sen, Kyrsten Sinema, Kari Lake, Linda Yaccarino, Adam Schiff, Katie Porter, Dianne Feinstein, Schiff, Porter, Dan Goldman, Goldman, Porter's Organizations: Service, Elon, Twitter, New York Times, Business, Democratic, Republican, Florida Gov, Arizona Rep, House Democrats, X, Politico, Hamas Locations: Montana, Israel

SAN FRANCISCO (AP) — Walmart is the latest company to join the growing flock of major advertisers to pull spending from X, Elon Musk’s beleaguered social media company, amid concerns about hate speech — as well as reaching a sizeable audience on the platform. “We aren’t advertising on X as we’ve found some other platforms better reach our customers,” Walmart said in a statement. Musk said advertisers pulling out are engaging in “blackmail” and, using a profanity, essentially told them to go away. Walmart is joining the Walt Disney Co., IBM, NBCUniversal and its parent company Comcast and other companies who have decided to stop spending on X. But X's relations with advertisers don't appear to be improving.

Persons: Elon Musk’s, Musk, Andrew Ross Sorkin, ”, “, ” Musk, Linda Yaccarino, Joe Benarroch Organizations: FRANCISCO, Walmart, Walt Disney Co, IBM, NBCUniversal, Comcast

☆ Linda Yaccarino doubles down on her support for Elon Musk in a new memo to staff: 'Our principles do not have a price tag'
▼ + stars: | 2023-12-01 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

X CEO Linda Yaccarino reminded employees of X's principles in a memo on Thursday. AdvertisementElon Musk — who in an interview on Wednesday told advertisers who fled X to "go fuck yourself" — has the full support of X CEO Linda Yaccarino. "Our principles do not have a price tag, nor will they be compromised — ever," she wrote. AdvertisementYaccarino, an ad world veteran, is reportedly being urged by ad executives to resign from the CEO position in order to save her reputation. Though, according to reporting, she is holding firm in the position — and doubling down her support for Musk.

Persons: Linda Yaccarino, Yaccarino, Elon Musk, Musk, —, Elon Organizations: Service, Wednesday, Bloomberg, Disney, Apple Locations: Wednesday's

☆ Hey Elon – what's up with all the scammy ads for Louis Vuitton bags on X?
▼ + stars: | 2023-12-01 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Some X users say they're seeing lots of ads for likely fake Louis Vuitton handbags on the platform. After Elon Musk told major advertisers to "go fuck yourself" and "don't advertise" at The New York Times' DealBook summit Wednesday, some X users saying they're seeing lots of ads for Louis Vuitton bags that are probably fakes. "X prohibits the sale of or promoting the sale of counterfeit goods on the platform," according to its counterfeit policy . "Twitter had resorted to letting people place ads for their fake Louis Vuitton bags. According to a X business blog post , Louis Vuitton ran an ad campaign for its collaboration with Japanese artist Yayoi Kusama in January, but it's unclear if it's an ad partner or big spender.

Persons: Louis Vuitton, Elon, —, Elon Musk, hasn't, It's, Taylor Fisher, Linda Yaccarino, Monique Pintarelli Organizations: Service, The New York Times, Louis, Twitter, Business, X, ust Locations: Americas

Elon Musk lashed out at advertisers boycotting X during an interview at the New York Times’s DealBook Summit Wednesday. The billionaire said anyone trying to blackmail him with advertising money could “go f— yourself.” Photo: Michael M. Santiago/Getty ImagesElon Musk’s F-bomb-laden tirade at advertisers will make X Chief Executive Linda Yaccarino ’s job harder as she tries to rebuild the company’s ad-sales business, industry executives said. “It’s a line in the sand that can’t be undrawn,” said Craig Atkinson, chief executive officer of Code3. “I have no idea what kind of salesmanship can counteract a sentiment like that.”

Persons: Elon Musk, Michael M, Elon Musk’s, Linda Yaccarino ’, “, ”, Craig Atkinson Organizations: Getty, Elon Locations: York

☆ Elon Musk still didn't answer the biggest question about X
▼ + stars: | 2023-11-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

Elon Musk said on Wednesday that advertisers who are abandoning X can go "fuck" themselves. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Musk didn't directly answer, but said "If the company fails because of advertiser boycott, it will fail … and it will be gone." AdvertisementMusk didn't answer the other key question he was asked: "Is there any part of you that says, 'Maybe I should sell [X] or give it away?" What we don't know — and Musk wouldn't really answer — is how this final stage could play out.

Persons: Elon Musk, —, Musk, Andrew Ross Sorkin, Linda Yaccarino, Yaccarino, @elonmusk, Tesla, there's, I'm Organizations: Twitter, Service

☆ Elon Musk faces sales staff exodus after chaotic month and daring advertisers to pull their spending
▼ + stars: | 2023-11-30 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Many junior and senior level sales staff exited X over the past month, according to a new report. On Wednesday, Elon Musk told advertisers to "Go fuck yourself." AdvertisementThere's been a sales staff exodus at Elon Musk's social media company X over the past month, according to a recent report. Sales staff began exiting the company shortly after X handed out bonus checks this month, according to the report. "Go fuck yourself," Musk told advertisers, including Disney, IBM, and Apple, who have fled the platform.

Persons: Elon Musk, —, There's, Claire Atkinson, Atkinson, Musk, Andrew Sorkin, Bob Iger, Iger, Linda Yaccarino, Axios, Yaccarino, NBCUniversal — Organizations: Disney, Apple, Service, Elon, Twitter, IBM, Musk

☆ Read Linda Yaccarino’s message to X employees about Elon Musk's controversial DealBook interview
▼ + stars: | 2023-11-30 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Linda Yaccarino sent a memo to employees of X (formerly Twitter) on Thursday in the aftermath of Elon Musk's interview with Andrew Ross Sorkin, which she characterized to her staff as "candid" and "profound." Musk's original comments drew condemnation from the White House, which blasted Musk for promoting "antisemitic and racist hate." X owner and CTO Musk said during the interview. In the memo sent Thursday, Yaccarino told employees that the X owner "shared an unmatched and completely unvarnished perspective and vision for the future." You're at X because you have the courage and conviction to build and operationalize the most consequential platform that exists.

Persons: Linda Yaccarino, Elon Musk's, Andrew Ross Sorkin, Musk, Yaccarino, Linda, Elon Musk Organizations: White, Disney, Apple, X, SpaceX, Linda Watch Locations: xAI

☆ On the eve of Tesla's next major release, Elon Musk gave a bizarre, long-winded interview about everything but the Cybertruck
▼ + stars: | 2023-11-30 | by ( Madeline Berg | Grace Kay | ) www.businessinsider.com time to read: +5 min

Elon Musk didn't have much to say about the Cybertruck during an interview the day before its launch. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Musk has previously called Cybertruck Tesla's "best product ever," and millions of fans have been waiting for the launch since 2019. Musk's panel started nearly 15 minutes late, leaving the audience — including the likes of hedge fund titan Bill Ackman and X CEO Linda Yaccarino — waiting. But after more than 20 minutes of defensive posturing, his mood shifted when Sorkin brought up Musk previously calling his mind "a storm."

Persons: Elon, —, Tesla, you'd, Andrew Ross Sorkin, Bill Ackman, Linda Yaccarino —, Kamala Harris, Bob Iger, Jamie Dimon, Harris, Sorkin, pluses, Dimon, Sorkin —, Musk, Jonathan, Bob, Iger, Yaccarino, Nietzsche, Sam Altman, he's, Sam, — he's Organizations: Service, Disney, JPMorgan, IBM, Apple, White House, —

☆ X CEO Linda Yaccarino addresses Musk's 'go f--- yourself' comment to advertisers
▼ + stars: | 2023-11-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

X CEO Linda Yaccarino addressed the explicit comments Elon Musk hurled at advertisers during what she called a "wide ranging" and "candid" interview with CNBC's Andrew Ross Sorkin at the 2023 DealBook Summit in New York on Wednesday. "If somebody's going to try to blackmail me with advertising? Yaccarino described Musk's comments as an "explicit point of view about our position." "We're a platform that allows people to make their own decisions," Yaccarino wrote on X, formerly known as Twitter, late Wednesday night. "And here's my perspective when it comes to advertising: X is standing at a unique and amazing intersection of Free Speech and Main Street — and the X community is powerful and is here to welcome you.

Persons: Linda Yaccarino, Elon Musk, CNBC's Andrew Ross Sorkin, Musk, Yaccarino Organizations: Twitter Locations: New York

☆ It sure looks like Elon Musk is deliberately destroying X
▼ + stars: | 2023-11-30 | by ( Jyoti Mann | Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

Elon Musk seems to be trying to sabotage X by telling major advertisers "go fuck yourself." It gives weight to a theory that Musk may be deliberately trying to sink X, formerly Twitter. Those banks have since been trying to sell the debt — which looks increasingly worthless as Musk drives X into the ground. In the meantime, X and Musk must pay millions of dollars in interest to their financiers. "There is no way back, there is no way to reverse the statement Elon made yesterday," said Ruben Schreurs, chief strategy officer at the marketing consultancy Ebiquity, which works with major advertisers.

Persons: Elon Musk, Martin Sorrell, —, NBCUniversal, Musk, Linda Yaccarino, Linda, Jerod Harris, Matt Levine, Levine, Lou Paskalis, Musk's, Paskalis, BI's Grace Kay, Kali Hays, it's, Elon, Ruben Schreurs, Yaccarino, didn't Organizations: Service, The New York Times, Apple, Disney, IBM, Bloomberg, Bank of America, AJL, Musk's Twitter, Ebiquity, X

☆ Elon Musk apologizes for antisemitic tweet but tells advertisers ‘go f**k yourself’
▼ + stars: | 2023-11-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk, in his first interview with mainstream media since his antisemitic post on X earlier this month, apologized Wednesday for what he called his “dumbest” ever social media post. “I don’t want them to advertise,” he said at the New York Times DealBook Summit in New York. Musk made the remarks as the X CEO, Linda Yaccarino, sat in the audience. In a meandering conversation that lasted well over an hour, Musk also said he has no problem being hated. I’d love to help.”But in a separate conversation at the DealBook Summit, Herzog appeared uncertain that Musk would remain consistant in his messaging.

Persons: New York CNN — Elon, dumbest, ”, Bob, Bob Iger, Musk, Linda Yaccarino, Yaccarino, “, Elon Musk, it’s, White supremacists, I’ve, ” Musk, Benjamin Netanyahu, Isaac Herzog, Israel “ wasn’t, he’s, Netanyahu, Herzog, Sam Altman, Altman, “ I’m, OpenAI Organizations: New, New York CNN, New York Times DealBook, Disney, Elon, CNN, Paramount, Comcast, Lionsgate, Warner Bros, Israeli Locations: New York, Israel, Gaza, OpenAI

Vice President Kamala Harris, President Isaac Herzog of Israel, Elon Musk and other leaders in business and politics spoke on everything from artificial intelligence, economic tensions between the United States and China, and Hamas’s Oct. 7 attacks on Israel at the annual DealBook Summit in New York on Wednesday. She has been tasked with wooing advertisers back to the platform after many were spooked by Mr. Musk’s erratic posts. [For select interviews from today’s DealBook Summit, follow and listen to our limited podcast series.] Vice President Kamala Harris defended the Biden administration’s economic record, as polls show that the president trails Donald J. Trump in battleground states ahead of the 2024 election. Ms. Harris said President Biden has done more to tackle inflation “than most advanced economies” but more work was needed to convince voters.

Persons: Kamala Harris, Isaac Herzog of Israel, Elon Musk, Andrew Ross Sorkin, ”, Linda Yaccarino, Donald J, Trump, Harris, Biden Organizations: The New York Times, today’s DealBook, Biden Locations: United States, China, Israel, New York

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