‘She will start in 6 weeks’: Elon Musk finds new Twitter CEO

News Network
May 12, 2023

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NBCUniversal executive Linda Yaccarino is in talks to become Twitter's chief executive officer, the Wall Street Journal reported, following owner Elon Musk's announcement that he had found a new leader for the social network and will shift into a new role as chief technologist.

In a tweet on Thursday, Musk said the company's new CEO will start in about six weeks, without naming the individual. Yaccarino, who is chairman of global advertising and partnerships at NBCUniversal Media, didn't respond to an email seeking comment, and a representative for NBCUniversal said she was in rehearsals for the company's Upfront presentations to advertisers.

Musk bought Twitter for $44 billion last October and indicated that he'd only be in charge for a limited time to complete the organizational overhaul he thought the company needed to prosper. 

Musk complained of having "too much work" and sleeping at Twitter's San Francisco headquarters while implementing radical changes. 

In December, Musk asked his Twitter followers if he should step down as CEO, and 57.5% said yes. The billionaire will remain executive chairman after the transition.

Musk, who's also CEO of Tesla Inc. and Space Exploration Technologies Corp., has drawn criticism for his abrupt policy changes at Twitter and neglect of his other businesses. He's also changed the corporate name of Twitter's parent to X Holdings, an entity that could eventually be the parent for all his businesses - an idea he has publicly mused about. 

Musk has also said he wants to build Twitter beyond social media and into an "everything app," including financial services.

The next CEO will have to deal with the fallout from his ownership, including an advertiser exodus. Despite a slight uptick in daily users since early 2022, Twitter's revenue has fallen by 50% since October as a result of a "massive decline" in advertising, Musk said in March.

The company's Twitter Blue subscription service plan has also been flailing, drawing less than 1% of the user base. Musk has cut thousands of jobs, scaled back the company's content moderation and allowed accounts previously banned for breaking rules to return.

Musk already has a friendly relationship with Yaccarino, who interviewed him last month at a major advertising conference in Miami, and called him "friend" and "buddy" on stage. Recently, Twitter and NBCU expanded their Olympic Games partnership.

"I can say that she would be my first choice, and my only choice, to save the platform from the hands of its owner," said Lou Paskalis, who advises marketers as chief strategy officer at Ad Fontes Media, on Twitter. "I still cannot understand why she'd subject herself to @elonmusk, however!"

Puck News' Dylan Byers also reported via a tweet that Musk planned to name Yaccarino as Twitter's CEO, citing two people familiar with the matter.

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News Network
December 16,2024

The Supreme Court on Monday while hearing a petition against the stand of Karnataka High Court's view that shouting 'Jai Sriram' inside a mosque was not an offence, sought the stand of the State of Karnataka in the matter.

A bench of Justices Pankaj Mithal and Sandeep Mehta was hearing the matter.

"Alright, they were shouting a particular religious slogan. How is that an offence?" Justice Mehta asked, as bench posted the matter for January 2025.

The bench asked if the accused persons had been identified. Kamat replied that CCT visuals had been collected and the police identified the accused persons, as recorded in the remand report. The bench asked if merely spotting the accused near the mosque would mean that they shouted the slogans.

"Are you able to identify the actual accused? What material you have brought?" the Court asked. Kamat clarified that he was only representing the complainant (caretaker of the mosque) and it is for the police to conduct the investigation and collect the evidence. The FIR need only give information about the offence and need not be an 'encyclopedia' containing all evidence, he added.

This comes after a petition was filed in the Supreme Court questioning the Karnataka High Court's order of September 13, 2024 which quashed an FIR lodged against two men for raising the 'Jai Shri Ram' slogan within mosque premises.

The high court's single judge bench of Justice M Nagaprasanna had said, "It is ununderstandable as to how if someone shouts 'Jai Shri Ram' it would outrage the religious feeling of any class, when the complainant himself states that Hindu - Muslims are living in harmony in the area".

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News Network
December 17,2024

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Prime Minister Narendra Modi Tuesday condoled the death of environmentalist Tulsi Gowda and said she will remain a guiding light for environmental conservation.

In a post on X, he said, "Deeply saddened by the passing of Tulsi Gowda Ji, a revered environmentalist from Karnataka and Padma Awardee. She dedicated her life to nurturing nature, planting thousands of saplings, and conserving our environment."

"She will remain a guiding light for environmental conservation. Her work will continue to inspire generations to protect our planet. Condolences to her family and admirers. Om Shanti," he added.

Tulsi Gowda, the renowned environmentalist and Padma Shri awardee known as the "Vruksha Maate" (Mother of Trees), passed away on Monday at her residence in Karnataka’s Honnali village, Ankola Taluk, Uttara Kannada district. She was 86 and had been suffering from age-related ailments.

Hailing from the Halakki tribal community, Tulsi Gowda dedicated over six decades of her life to environmental conservation, planting and nurturing thousands of trees in Ankola and its surroundings.

Her unparalleled knowledge of plants earned her the title "Encyclopaedia of Plants." She was credited with growing lakhs of saplings and was celebrated for her unique approach to nurturing them, ensuring their survival and growth.

Born in 1944 to a tribal family, Tulsi Gowda developed a deep connection with nature at a young age. She began working at a forest department nursery as a daily wage worker and eventually became a symbol of afforestation.

In 2021, Tulsi Gowda was honored with the prestigious Padma Shri, one of India’s highest civilian awards, in recognition of her immense contributions to afforestation and environmental conservation.

She received the award from former President Ram Nath Kovind, a moment that brought her years of silent work into the national spotlight. Additionally, Dharwad Agricultural University conferred upon her an honorary doctorate for her knowledge and contributions to the environment. She also received the Indira Priyadarshini Vriksha Mitra award and numerous other accolades throughout her lifetime.

 

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News Network
December 10,2024

Mangaluru: In a chilling reminder of the dangers lurking online, a man from Mangaluru fell victim to a sophisticated investment scam, losing a staggering ₹16.9 lakh. The fraudsters, posing as investment advisors, lured the victim via a WhatsApp group with promises of lucrative returns in the share market.

The trap was set when the victim clicked on a link sent by the fraudsters and downloaded a suspicious app. Over time, he transferred substantial sums of money to the fraudsters’ bank accounts, believing he was making profitable investments.

The scam unraveled when the victim tried to withdraw his money but found himself unable to do so. Realizing he had been duped, he lodged a complaint with the Mangaluru Rural Police, who have since registered a case and launched an investigation.

Be cautious

Always verify the authenticity of financial offers, especially when approached via social media or messaging apps. Avoid clicking on unsolicited links or downloading unverified apps. Stay vigilant to protect your hard-earned money from scammers.

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