Tag: X CEO

I’m sorry for everything, Meta CEO Mark Zuckerberg tells families of children harmed by social media
Technology

I’m sorry for everything, Meta CEO Mark Zuckerberg tells families of children harmed by social media

[ad_1] On Wednesday, as many as 5 CEOs of the biggest social media and messaging companies attended the US Senate hearing on the impact of social media on children including X CEO Linda Yaccarino, Snapchat CEO Evan Spiegel, TikTok CEO Shou Zi Chew, Discord CEO Jason Citron, and Meta Platforms CEO Mark Zuckerberg. The hearing was conducted after lawmakers accused these companies of not protecting the children from the many dangers present on their social media platforms. During the hearing, a teary-eyed Zuckerberg made a direct public apology to the affected families present at the Senate hearing. Check what Meta CEO said in his apology. Meta CEO Mark Zuckerberg's apologyAccording to a DWnews video post on Instagram, Zuckerberg, while apologising to the family said, “I'm sorry for everyt...
X CEO writes memo to staff on Elon Musk abuse-laden rant in interview
Technology

X CEO writes memo to staff on Elon Musk abuse-laden rant in interview

[ad_1] X Chief Executive Officer Linda Yaccarino, who oversees the social network's relationships with advertisers, sent a memo to employees signalling her support of owner Elon Musk after his incendiary comments insulting brands that have backed away from the platform.“Our principles do not have a price tag, nor will they be compromised — ever,” Yaccarino wrote Thursday, a day after Musk told former advertisers including Walt Disney Co. to go “f—-” themselves. “No matter how hard they try, we will not be distracted by sideline critics who don't understand our mission.” Musk at Wednesday's DealBook conference flung expletives at advertisers who had paused their campaigns in protest of his posts earlier this month supporting an antisemitic conspiracy theory, in which he agreed that Jewis...
X’s CEO Linda Yaccarino Acknowledges That Some Advertisers Have Paused Spending
Technology

X’s CEO Linda Yaccarino Acknowledges That Some Advertisers Have Paused Spending

[ad_1]  Linda Yaccarino, the chief executive officer of social media service X, acknowledged that some advertisers are taking a break from the platform following outrage over antisemitic content and commentary, some of it endorsed by the site's owner, Elon Musk.Yaccarino cited “a misleading and manipulated article” for spurring some advertisers to temporarily pause spending, a reference to a Media Matters piece that said ads from big brands were placed near offensive content. She follows Musk in criticizing the report, which they say misrepresents the experience on X, formerly Twitter.  “The data will tell the real story,” Yaccarino said in a memo to staff on Sunday. “Because for all of us who work at X, we've been extremely clear about our efforts to combat antisemitism and discriminat...
X could turn profitable next year, reveals CEO Linda Yaccarino
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...