Stock market today: World shares mixed after Wall Street retreat
World shares are mixed after Wall Street benchmarks retreated following the S&P 500's rise to its highest level since the spring of last year
2023-06-21 17:49
Twitter ad sales down by more than half since Elon Musk takeover, report claims
Twitter’s ad revenue in the US has plunged by more than half since Elon Musk took the company over, according to reports. Internal documents show that Twitter made $88 million worth of ad sales between April and May this year, The New York Times reported, marking a 59 per cent drop from the same period last year. Shortly after Mr Musk’s takeover in October 2022, several key sales executives at Twitter where fired, while controversial figures like Donald Trump and Andrew Tate were allowed to return to the platform. Following the sackings and change in policy, several high profile brands confirmed that they would no longer be advertising through Twitter due to concerns with the platform and its leadership. Twitter’s valuation also plunged in the months following the $44 billion takeover deal, with Mr Musk saying in March that the company was worth $20 billion. Investment firm Fidelity has since estimated Twitter to be worth $15 billion. In April, Mr Musk said the firm was “roughly breaking even”, claiming that “almost all advertisers have come back or said they are going to come back”. Last month, Mr Musk announced that he would be stepping down as CEO of Twitter in order to focus on overseeing product, software and sysops as the company’s chief technology officer. His replacement, Linda Yaccarino, appears to have been selected based on her success and connections within the advertising world, having served as an executive for NBCUniversal. Ms Yaccarino and Mr Musk appeared together at a public event earlier this year, giving an indication that her focus will primarily be aimed at developing and improving relationships with advertisers, whose purchases make up the majority of Twitter’s revenue. One potential route to achieving this is by reinstating Twitter’s Influence Council of marketers and advertising executives, which allowed industry figures to give direct feedback on how they wanted the platform to look before it was disbanded. Read More What is superintelligence? How AI could wipe out humanity – and why the boss of ChatGPT is doomsday prepping
2023-06-06 00:57
Jail where murderer Danilo Cavalcante escaped plans to wall off yard and make other upgrades
Security improvements are planned at a jail in Pennsylvania following the brazen escape of a murderer who eluded law enforcement for two weeks before his capture this month
2023-09-22 00:01
India, Pakistani coasts on high alert a day before Cyclone Biparjoy is expected to make landfall
The coastal regions of India and Pakistan are on high alert with tens of thousands being evacuated a day before Cyclone Biparjoy is expected to make landfall
2023-06-14 16:17
Sunak’s Fight for Survival Steers UK Toward Another Cliff-Edge
Rishi Sunak’s first public words after the Supreme Court struck down his plan to deport asylum seekers to
2023-11-18 13:00
'Love Island USA' Season 5: Who is Vickala 'Kay Kay' Gray? Travel nurse heads to villa after being duped by ex with wife and 2 kids
Vickala 'Kay Kay' Gray, a travel nurse from Palestine, Texas, is 25 years old and was brought up in the country
2023-07-19 07:32
Google Cloud to open office in El Salvador in seven-year partnership
SAN SALVADOR Google Cloud and the government of El Salvador announced a multi-year agreement on Tuesday that will
2023-08-30 00:55
Addison Rae turns heads in semi-sheer dress at 'Thanksgiving' premiere red carpet, Internet calls her 'stunning'
Addison Rae recently showcased her impeccable sense of style on the red carpet at the star-studded premiere of 'Thanksgiving' in Los Angeles
2023-11-16 18:24
Kanye West accuses Elon Musk of playing him to boost 'struggling' X in explosive leaked text
Kanye West is used to causing outrage on Twitter/X, having been banned from the platform in the past. But now he’s accusing Elon Musk of taking advantage of his clout in a bid to boost the “struggling” platform’s numbers. The controversial rapper, 46, apparently sent his friend, stylist Ian Connor, a screenshot of a furious text message he’d sent to the Tesla founder. He then told Connor, a former consultant for the Yeezy brand, to “get [the message] out to the public”. The 29-year-old duly obliged, posting a zoomed-in grab of Ye’s text on Instagram for all to read. Allegedly addressing Musk, the ‘Gold Digger’ star wrote: “When are we going to speak. “You owe me nothing. You never have to speak to me again. But if we do speak the nature of the relationship has to change.” It went on: “I’m not bipolar I have signs of autism from my car accident. “You can’t watch Kim keep my kids from me and not say anything publicly and then call yourself my friend so I can bring my audience to your struggling platform.” The bizarre diatribe, with its sudden, stream-of-consciousness-style changes of topic, includes references to his ex-wife Kim Kardashian, his mental health, and a car crash in which he nearly lost his life. The near-fatal accident occurred when he was driving home from a recording studio in October 2002. He miraculously survived but his jaw was shattered. He famously rapped about his recovery process, with his jaw wired shut, in the 2004 classic ‘Through the Wire.’ And yet, his claim that he is “not bipolar” runs at odds with numerous accounts of his struggles with the disorder over the years. He was reportedly diagnosed with the condition back in 2016 and, since then, a number of his more shocking outbursts and behaviours have been attributed to manic episodes stemming from the illness. Indeed, back in 2020, Kim defended her then-husband after he penned a series of jaw-dropping tweets about her and her mother Kris. The mother of his four children wrote at the time: “"He is a brilliant but complicated person who on top of the pressures of being an artist and a black man, who experienced the painful loss of his mother, and has to deal with the pressure and isolation that is heightened by his bipolar disorder (sic).” And whilst she has been less ready to jump to his defence since their split, she has also refuted claims that she has been preventing him from seeing their kids. In March last year, Kanye shared a photo to Instagram of their daughter North's backpack, saying he had spotted the design “when I was 'allowed' to see her last week." Kim fired back in a comment, which she subsequently deleted, telling him to "stop with this narrative” and pointing out that he’d seen their children that same morning. Elsewhere, it’s fair to say he hasn’t had the smoothest relationship with Musk. He was banned from Instagram for his horrifying antisemitic rants last year and was suspended on X/Twitter by Musk, who said he "tried [his] best" to reason with the hip-hop-star-cum-designer. “He again violated our rule against incitement to violence,” the billionaire wrote in December last year after Ye praised Adolf Hitler in an interview with Alex Jones. The 46-year-old’s account was suspended at the time and then reinstated around eight months later, however, he’s still yet to post on the platform. Sign up for our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings
2023-10-19 23:16
Here’s when your favorite show may return as writers strike is on the verge of ending
A tentative agreement between striking screenwriters and Hollywood studios offers some hope that the industry’s dual walkouts may be over soon
2023-09-26 00:52
Fears grow of tighter state grip on Serbian media
Two controversial bills backed by Serbian lawmakers this week have sparked fears of more state control over the media and another setback for press...
2023-10-28 13:39
NFL Rumors: Win or lose, Chiefs got the Travis Kelce injury update they needed
The latest Travis Kelce injury update sounds like good news for the Chiefs with hope of the tight end being able to suit up for Kansas City again soon.
2023-09-08 10:48
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