Twitter ceo – pressnews

Ousted Twitter CEO Parag Agrawal is back with an AI startup; gets $30 mn in funding led by Khosla Ventures

12Jan

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Technology

Ousted Twitter CEO Parag Agrawal is back with an AI startup; gets $30 mn in funding led by Khosla Ventures

[ad_1] Twitter (which goes by X now), has been on a whirlwind journey in the last couple of years. Back in 2021, then-CEO Jack Dorsey stepped down and was replaced by CTO Parag Agrawal. However, his tenure was short-lived as billionaire Elon Musk took over the microblogging platform just a year later, sparking a mass exodus of employees from the company. Since then, the myriad of changes has included new features and a complete rebranding to X. Meanwhile, not much was known about ousted CEO Parag Agrawal's fate. But that's not the case anymore, as Agrawal is back with an artificial intelligence (AI) startup that has already raised $30 million in funding that is led by Khosla Ventures. Parag AgrawalAgrawal joined Twitter 10 years ago when there were fewer than 1,000 employees in the comp...

X could turn profitable next year, reveals CEO Linda Yaccarino

28Sep

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Technology

X could turn profitable next year, reveals CEO Linda Yaccarino

[ad_1] Over the last 12 months, X (formerly Twitter) has undergone a multitude of changes. Elon Musk's acquisition of the microblogging platform has spurred controversy from day 1, with people calling measures such as the removal of verification, and temporarily limiting tweet views draconian. After managing the company as the CEO for a while, Musk appointed Linda Yaccarino as his successor. This change hasn't really moved people's opinions about the Musk-owned company, as its rival Threads soared in popularity as soon as it was launched by Meta. Despite this, X could turn profitable next year and most of its top advertisers are back, according to the CEO. On profits and advertisersAccording to a report by The Verge, at the Code Conference 2023, CNBC's Senior Media & Tech Correspond...

Twitter CEO blasts allegations of rising harmful content against platform, calls it misleading”

20Jul

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Technology

Twitter CEO blasts allegations of rising harmful content against platform, calls it misleading”

[ad_1] At a time when Twitter is trying to bring back advertisers to the platform, a Bloomberg report has highlighted that the harmful content of the microblogging platform is acting as a barrier to the advertisers, and preventing them from returning. The article stated that since Elon Musk took over Twitter, hate speech towards minority communities has seen a massive surge. Twitter CEO Linda Yaccarino has responded to the article in a lengthy tweet and suggested that the findings of the article were “incorrect, misleading and outdated”.Bloomberg, in its report, spoke with Callum Hood, the director of research at the Center for Countering Digital Hate. He said, “Musk is not keeping his promises to advertisers, and their ads are appearing next to really harmful content”. He also said tha...

In big move, Twitter blocks links to Threads amidst fiery rivalry

12Jul

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Technology

In big move, Twitter blocks links to Threads amidst fiery rivalry

[ad_1] Since its launch on July 5, the popularity of Twitter's newest rival Threads has grown exponentially, becoming the fastest platform to reach 100 million users. This has coincided with Twitter's traffic taking a hit, with the microblogging platform coming at 37th place in the latest DNS rankings, as revealed by Cloudflare CEO. While Twitter's new CEO Linda Yaccarino has downplayed reports of a decline in traffic, the platform does seem to be concerned about the latest competition, and in its wake, it has reportedly taken a drastic step to push back.Twitter blocks Threads linksAccording to Technologist Andy Baio (via TechCrunch), although Twitter allows users to post URLs on the platform, it has recently been blocking links to the Threads app. Baio posted a screenshot on Threads sh...

New Twitter CEO Linda Yaccarino plans to bring advertisers back

29Jun

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Technology

New Twitter CEO Linda Yaccarino plans to bring advertisers back

[ad_1] In May, Elon Musk officially announced Linda Yaccarino, the former chairperson of advertising sales for NBCUniversal, as the next CEO of Twitter. The move shocked many as it was believed that Yaccarino's opinions on advertisers and meeting their concerns was not really in sync with Musk's, who was losing advertisers on Twitter at an alarming rate due to his policies. However, it appears that Musk hired her specifically to bring back the ad revenue, and the new Twitter CEO is already making major progress in her task.According to a report by the Financial Times (FT), Yaccarino is working on a number of measures to bring back advertisers who left the platform under Elon Musk's ownership. Some of the measures include introducing a new video ads service, bringing more celebrities to ...

Musk will train if Las Vegas martial arts cage match takes hold

25Jun

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Technology

Musk will train if Las Vegas martial arts cage match takes hold

[ad_1] Elon Musk said on Saturday he will start training if the mixed martial arts cage fight he has provoked with fellow billionaire media mogul Mark Zuckerberg takes shape.Twitter owner Musk tweeted on Tuesday he was up for a cage match in Las Vegas with Zuckerberg, CEO of Facebook parent Meta, who has trained in jiu-jitsu. "I haven't started training yet. So if this does happen, I will," Musk said in a talk on Twitter with Ashlee Vance, the author of a book on Musk and the space race. The match "might actually happen" said Musk while attending a birthday party in Europe, adding it was possible that it could go badly if Zuckerberg takes the match seriously.Musk also said SpaceX investments in the rocket Starship, the debut flight of which exploded over the Gulf of Mexico in April rais...

Top ad group says Twitter no longer ‘high risk’ after new chief appointed: Report

19May

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Technology

Top ad group says Twitter no longer ‘high risk’ after new chief appointed: Report

[ad_1] Top advertising agency GroupM has told its clients that it no longer considers Twitter "high-risk" and is "cautiously optimistic" about the appointment of Linda Yaccarino as its new chief, the Financial Times reported on Friday.Yaccarino will take over the social media platform beset with challenges and a heavy debt load, after she spent several years modernizing the advertising business at NBCUniversal. WPP-owned GroupM had last year labelled Twitter as a "high risk" platform for advertising following Elon Musk's takeover. It flagged various issues including, large numbers of Twitter executives leaving or being fired and a wave of high-profile impersonations, that raised concerns about Twitter's abilities to follow the Federal Trade Commission's orders, various media reports sho...

Big boost for users, Bluesky Social open-sources codebase

18May

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Technology

Big boost for users, Bluesky Social open-sources codebase

[ad_1] Bluesky Social, a popular beta social network, has taken a significant step towards open-source development on May 15th that will benefit users immensely. The codebase for its Bluesky Social app was made available on GitHub. This aligns with the network's goal of being "open and decentralised." Unlike Twitter, which struggles with open-source issues, Bluesky's client code is open to anyone for improvement or as a foundation for their own social networks. In contrast, Twitter's recommendation code is essentially unusable. Bluesky offers its client code to anyone interested in enhancing it or utilising it as the foundation for their own social network. The code for Bluesky, which is licensed under the MIT License, is available for use now. In just 24 hours, it has already been for...

New CEO Linda Yaccarino says she is excited to help to transform Twitter

14May

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Technology

New CEO Linda Yaccarino says she is excited to help to transform Twitter

[ad_1] Newly appointed Twitter CEO Linda Yaccarino said in a tweet on Saturday that she has been inspired by owner Elon Musk's vision to create a brighter future and is excited to help to transform the social media platform.It was the first time Yaccarino has spoken publicly since the news broke Thursday that she was in talks to become the next CEO of Twitter. Musk, who has served as CEO since his $44 billion buyout of Twitter last October, announced her appointment on Friday. "I've long been inspired by [Musk's] vision to create a brighter future. I'm excited to help bring this vision to Twitter and transform this business together!" Yaccarino tweeted. Yaccarino, who as advertising chief for Comcast Corp's NBCUniversal spent several years modernizing its ad business, said she is commit...

Who is Twitter’s new CEO Linda Yaccarino and what will be her goal?

12May

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Technology

Who is Twitter’s new CEO Linda Yaccarino and what will be her goal?

[ad_1] Elon Musk confirmed that the new CEO for Twitter will be NBCUniversal's Linda Yaccarino, an executive with deep ties to the advertising industry.“I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk wrote in a Friday tweet. He added that Yaccarino “will focus primarily on business operations" while Musk will stay closely connected to product design and new technology. Before that announcement, NBCUniversal said Friday that Yaccarino would step down immediately as chairwoman for global advertising and partnerships. Musk, who bought Twitter last fall and has been running it since, has long insisted that he would step down as top executive at the company, which is now called X Corp.Few expect Musk to remove himself from the decision making process at Twitter, how...