
Elon Musk announces Linda Yaccarino as new CEO of Twitter
Elon Musk has announced he’s hired former NBCUniversal advertising boss Linda Yaccarino as the new Twitter chief executive. The erratic billionaire confirmed widespread speculation that Ms Yaccarino would take on the role in a Twitter post on Friday. “Looking forward to working with Linda to transform this platform into X, the everything app,” Mr Musk wrote. Ms Yaccarino will focus on business operations, while Mr Musk will stay on as executive chairman and focus on product design and new technology, he said. Hours earlier, Ms Yaccarino said in a statement she was leaving her role as chairman of global advertising and partnerships at NBCUniversal after more than a decade at the media conglomerate. “It has been an absolute honour to be part of Comcast NBCUniversal and lead the most incredible team,” she said. “We’ve transformed our company and the entire industry.” Ms Yaccarino oversaw the launch of the NBC’s streaming site Peacock. On Thursday, Mr Musk teased the appointment when he announced he had hired a woman to take over the social media platform’s top job from him in six weeks. The appointment, six months after Mr Musk said he would step down as CEO, comes as Twitter faces an exodus of advertisers, service disruptions, and renewed scrutiny from regulators. After purchasing the platform for $44bn last October, Mr Musk has fired around 80 per cent of the workforce, reinstated banned accounts, and allowed hate speech to flourish under the guise of “free speech”. Read More Elon Musk says he's found a new CEO for Twitter, a woman who will start in 6 weeks Stephen King ruthlessly shuts down US commentator Dan Bongino after incendiary exchange Twitter finally adds secure messaging to DMs – but Elon Musk tells people not to ‘trust it’ Reports: NBC Universal executive will take over as the new CEO of Twitter AP News Digest 4 a.m. Secure messaging arrives on Twitter - sort of. 'Don't trust it yet,' Musk warns
1970-01-01 08:00

Tides Are Eating Into Glaciers, Triggering More Melting, Study Finds
Melting glaciers could raise sea levels more than previously thought because of the way polar ice behaves where
1970-01-01 08:00

Drop in Binance’s Crypto Dominance Boosts Rival Exchanges Huobi and OKX
Crypto exchanges Huobi and OKX benefited after rival Binance curbed a zero-fee promotion and shed market share in
1970-01-01 08:00

IRS Working With Ukraine to Track Russian Crypto Sanctions Evaders
The IRS criminal investigation division is ramping up collaboration with counterparts overseas in pursuit of sanctions evaders. The
1970-01-01 08:00

Fed’s Waller Says Climate Change Doesn't Pose Serious Financial Risk
Federal Reserve Governor Christopher Waller said there’s no need for central bankers to pay special attention to risks
1970-01-01 08:00

Foxconn Says Lordstown Plant Useful No Matter How Dispute Ends
Foxconn Technology Group will be able to make good use of its electric-vehicle factory in Lordstown, Ohio, no
1970-01-01 08:00

Indians urged to report growing WhatsApp spam calls
Many users have been complaining about receiving calls from unknown international numbers.
1970-01-01 08:00

Taiwan’s Apple Suppliers See Sales Woes Continue in April
The total revenue of Taiwan’s major Apple suppliers has fallen for a third straight month in April, as
1970-01-01 08:00

AI Needs Specialized Processors. Crypto Miners Say They Have Them
When the Ethereum blockchain moved away from using a technique for verifying transactions known as proof of work
1970-01-01 08:00

Funds Urge Toyota to Boost Disclosure Around Climate Lobbying
European investors have urged Toyota Motor Corp. to improve disclosure of its lobbying on climate change ahead of
1970-01-01 08:00

Watchdog Probes More Than 100 Australian Firms on Greenwashing
Australia’s corporate watchdog has investigated more than 100 companies under a drive to flush out greenwashing in the
1970-01-01 08:00

Meta Tests Views-Based Creator Payments to Compete With TikTok
Meta Platforms Inc. is giving Facebook and Instagram creators a way to make money based on how many
1970-01-01 08:00