‘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 8,2024

Russia says Syrian President Bashar al-Assad has issued orders for a peaceful transition of power before he resigned and departed from the country.

The Russian Foreign Ministry said in a statement on Sunday that President Assad decided to step down after negotiations with “a number of participants in the armed conflict on the territory of the Syrian Arab Republic.”

Assad, Russia said, gave “instructions for a peaceful transfer of power.”

The ministry did not provide further information regarding Assad's whereabouts.

According to the statement, Moscow “did not participate in these negotiations,” but it calls on all “parties involved to refrain from the use of violence and to resolve all issues of governance through political means.”

"In that regard, the Russian Federation is in contact with all groups of the Syrian opposition."

Moscow said Russia's military bases in the Arab country had been put on a state of high alert, but that there was no serious threat to them at the current time.

On Saturday evening, Iranian Foreign Minister Abbas Araghchi urged "political dialogue" between the Syrian government and militant groups after a meeting with foreign ministers of Russia and Turkey in the Qatari capital of Doha on Saturday evening.

Araghchi said there was a consensus among all the participants that hostilities in Syria must end immediately and the country’s territorial integrity and national sovereignty must be respected based on the UN resolution.

The meeting was also attended by United Nations Special Envoy for Syria Geir Pedersen, who had urged all parties “to spare bloodshed and focus on a political solution in accordance with Security Council Resolution 2254.”

The conflict began when Hayat Tahrir al-Sham (HTS) militant group launched a large-scale attack in Aleppo and Idlib provinces in the northwest of Syria on November 27, seizing several areas.

The group took control of parts of the country's second-biggest city, Aleppo, and advanced southward toward the city of Hama. Earlier on Sunday, the armed group declared that they had captured the capital, Damascus.

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News Network
December 11,2024

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Udupi: The police have booked a case against the office-bearers of the Social Democratic Party of India (SDPI) for holding 'Chalo Belagavi - Ambedkar Jatha’ without permission and thereby disrupting the movement of vehicles on national highway at Hejmadi.

The SDPI held a jatha on December 10 from 2:30 pm to 3:30 pm. According to the police, the group had unlawfully gathered near the National Highway toll gate in Hejmadi. Despite instructions from the PSI to disperse, they failed to act and disrupted the traffic on the national highway.

The police have booked case against SDPI state secretary Riyaz Kadumbu, leaders Haneef Muloor, Nooruddin Mallaru, Firoz Kanchinadka, Thoufeeq Uchila, Majeed Uchila, Ibrahim Kanchinadka and others under Sections 57, 189(2), 189(3), 281, 285 and 190 of the BNS.

About 75 to 100 people commenced a procession --without obtaining permission -- in cars and two-wheelers shouting slogans. They caused inconvenience to the vehicles moving on the national highway, police said. 

The jatha, which was launched in Udupi on December 10, is expected to cover Dakshina Kannada, Chikkamagaluru, Shivamogga, Davanagere, Haveri, Koppal, Bagalkote, Hubballi, Dharwad and reach Belagavi on December 16.

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News Network
December 8,2024

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The Israeli regime forces have launched a foray into Syrian soil and entered the southwestern city of Quneitra near the Israeli-occupied Golan Heights after militant groups took control of the Arab country.

The Israeli media reported on Sunday that the regime’s tanks had entered Quneitra on the border of the occupied Golan following heavy shelling of surrounding areas.

“Israeli forces pushed into the buffer zone in the Quneitra area, and launched artillery shelling in the area,” the website of the Times of Israel newspaper said.

The regime’s media also reported the entry of Israeli tanks into Khan Arnabeh, which is to the northeast of Quneitra and five kilometers from the border of the occupied Golan.

Quneitra is within the so-called buffer zone established in 1974 between the occupied Golan and Syria, but Khan Arnabeh is beyond that and the regime’s forces are not allowed to enter.

The resistance media confirmed reports of the Israeli aggression and said the development took place after the regime increased its deployment in the occupied Golan ahead of the fall of Syrian President Bashar al-Assad’s government in Damascus.

Local reports said schools were canceled in four settlements in the occupied Golan due to the “security situation,” adding that the Israeli military had set up checkpoints in the area.

At least four airstrikes targeted the Quneitra countryside after the Israeli tanks entered the area.

The occupation forces were also reported to be digging a large trench on the Syrian border and have destroyed what they claim are weapons depots.

The Israeli occupation army declared that in light of the developments in Syria, it had deployed forces to key areas along the border to ensure the security of the Israeli settlements in the occupied Golan Heights.

Israel’s opposition leader Yair Lapid also said, “In light of the developments in Syria, it is more important than ever to form a strong regional alliance with Saudi Arabia and the Abraham Accords countries to confront regional instability together.”

Earlier in the day, the armed Syrian opposition groups raided the capital Damascus, and took control of the city’s radio and television station as well as major military and security centers.

The armed groups, led by Hay’at Tahrir al-Sham (HTS) militants, announced that they had fully captured the Syrian capital and confirmed reports of the fall of the Assad government.

HTS leader Ahmed al-Shar’a, known as Abu Mohammad al-Jolani, has called on Syrian people not to get close to government institutes and organizations until an official transfer of power takes place under the supervision of the prime minister.

Syrian Prime Minister Mohammed Ghazi Jalali said the government was ready to “extend its hand” to the opposition and hand over its functions to a transitional government.

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