‘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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April 8,2025

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Shivamogga: From the serene town of Thirthahalli, Deeksha R, a bright student of Vagdevi Pre-University College, has made her mark on the state stage by sharing the first rank in the Science stream of the PU 2 examinations. She scored an outstanding 599 out of 600, tying with Amoolya Kamath of Mangaluru.

Deeksha is the daughter of Raghavendra Kalkura and Usha V, both committed educators. Her father, a teacher at the Government High School in Megaravalli, said with joy, “We were expecting around 595 marks. But 599 was a surprise and a moment of pure happiness. Deeksha didn’t study daily in a strict routine, but she was focused and had a well-planned approach. During her study holidays, I helped her prioritise subjects based on need.”

Deeksha's academic brilliance isn’t new — she had earlier scored 98.6% in Grade 10 (ICSE) at Sahyadri School, Bettamakki. Her PU college teachers recognised her potential early and provided strong support throughout.

Looking ahead, Deeksha has big ambitions — she plans to pursue a career in Artificial Intelligence engineering. She has already appeared for the JEE exams and is preparing for the CET next week. “We’re hopeful she’ll secure a seat in a top engineering college,” her father added.

College Principal Mamata expressed immense pride: “Deeksha never attended any tuition outside of college. Her discipline and commitment were remarkable. It’s a proud moment for our college and our town.”

By sharing the top rank in the state, Deeksha has not only brought glory to her hometown but also become a symbol of how talent, discipline, and the right guidance can create a truly stellar success story.

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News Network
April 9,2025

Mangaluru: A routine midnight tea run turned into a horrifying tragedy when a motorcycle carrying three young men — in clear violation of traffic rules — slammed into an open divider on National Highway 66 at SKS Junction in the early hours of April 8. Two of them lost their lives, while the third is recovering from injuries.

The victims have been identified as Sankeerth, who was riding the motorcycle (KL-58-Q-6381), and Dhanurved C, the first pillion rider. Sibi Sam, the second pillion rider, was injured but survived the crash.

According to the FIR registered at the Traffic East Police Station (Crime No. 48/2025), the friends had set out from Lohith Nagar around 2:30 am, heading towards Pumpwell for tea. While Rohan Joby and Meghnath rode separately on a different bike (KL-13-AH-2388), Sankeerth was accompanied by two pillion riders — a clear case of triple riding, which is both illegal and dangerous.

As they sped along NH-66, Sankeerth reportedly lost control near SKS Junction and collided with the edge of an open road divider at approximately 2:50 am. The impact threw all three men onto the highway with violent force.

Sankeerth and Dhanurved suffered critical head and facial injuries and died while being rushed to the hospital. Sibi Sam is undergoing treatment for his injuries.

The FIR invokes Sections 281, 125(a), 106(1) of the Bharatiya Nyaya Sanhita, and 128(a) read with 177 of the Motor Vehicles Act, which include provisions related to rash driving and traffic violations.

The police have launched a full investigation. The accident has reignited public concern about reckless driving, triple riding, and the hazards posed by poorly maintained road dividers, especially during low-visibility hours.

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News Network
April 10,2025

Washington: In a move that stunned markets and political observers alike, US President Donald Trump on Wednesday announced a 90-day pause on his sweeping tariff regime—granting relief to all countries except China. Just a day earlier, such a reversal had seemed unimaginable.

Trump said the pause was prompted by the cooperative stance of over 75 nations, which had refrained from retaliating against his earlier tariffs. These countries, he claimed, chose negotiation over confrontation. During the pause, a reduced reciprocal tariff of 10% will be in place.

However, Trump made it clear that China would face no such leniency. Citing Beijing's alleged trade abuses and “lack of respect” for global markets, he announced an immediate hike in tariffs on Chinese imports to 125%, up from the earlier 104%.

“At some point, hopefully in the near future, China will realize that the days of ripping off the US and other countries is no longer sustainable or acceptable,” Trump wrote on Truth Social.

Despite repeatedly resisting pressure from within his own party and business circles to halt the tariff spree, Trump’s sudden pivot was reportedly triggered by alarm bells inside the US Treasury Department. According to CNN, Treasury Secretary Scott Bessent raised red flags about a dramatic selloff in the bond market, which, if left unchecked, could spiral into a financial crisis.

Speaking to the media after the announcement, Trump seemed to suggest that the decision came from instinct rather than strategy.

“We didn’t have access to lawyers… We wrote it up from our hearts. You have to be flexible,” he said.

The markets responded instantly. The Dow Jones Industrial Average surged over 2,500 points, while the Nasdaq jumped 12.2%, its best day in 24 years. The S&P 500 rose 6%, oil prices climbed more than 4%, and the dollar strengthened.

Impact on India

India, which had been hit with a 26% customized reciprocal tariff, saw its markets rattled in recent weeks. The pause offers a much-needed breather, as New Delhi works to finalize a multi-sectoral trade deal with Washington.

Ministry of External Affairs Spokesperson Randhir Jaiswal confirmed that talks are underway. “We hope to address these issues and conclude this agreement expeditiously,” he said, underlining the strong economic ties between the two nations.

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