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Stock market today: Asian shares are mixed as investors weigh weakness in the tech sector
Stock market today: Asian shares are mixed as investors weigh weakness in the tech sector
Shares are mixed in Asia after the rally on Wall Street fizzled with big declines for Tesla, Netflix and other big tech-oriented stocks
2023-07-21 13:49
Google to block local news in Canada in response to media law
Google to block local news in Canada in response to media law
Google on Thursday became the latest Silicon Valley giant to block Canadian users from seeing local news on its platform after Ottawa passed a bill requiring tech companies...
2023-06-30 05:18
Oil Set for Third Weekly Gain With Tighter Markets in View
Oil Set for Third Weekly Gain With Tighter Markets in View
Oil headed for a third weekly gain as the market continued to tighten on the back of production
2023-09-15 23:50
Taiwan’s DPP Apologizes in #MeToo Case as Tsai Backs Probe
Taiwan’s DPP Apologizes in #MeToo Case as Tsai Backs Probe
Officials from Taiwan’s ruling Democratic Progressive Party publicly bowed and apologized Friday for the handling of a series
2023-06-02 17:25
Ruble Hits Weakest in 15 Months After Wagner Challenges Putin
Ruble Hits Weakest in 15 Months After Wagner Challenges Putin
The ruble weakened as much as 3% against dollar on Monday, the most this year, after a mutiny
2023-06-26 15:29
Linda Yaccarino: How Elon Musk may have hired his biggest critic to head Twitter
Linda Yaccarino: How Elon Musk may have hired his biggest critic to head Twitter
Twitter is getting a new boss after current CEO Elon Musk announced on Friday that he has found a replacement: advertising executive Linda Yaccarino. The tech billionaire named the new chief executive less than a month after she interviewed him on a panel, titled “Twitter 2.0: From Conversations to Partnerships”, hosted by her current employer NBCUniversal. The event gave an insight into how she views both the tech billionaire and her vision for the future of Twitter, revealing some significant concerns she had about his takeover of the company. When discussing his tenure so far as the head of Twitter, Mr Musk said it had been “entertaining”, adding “train wrecks arguably are entertaining.” Ms Yaccarino responded: “Train wrecks happen sometimes if you’re dedicated [but] you’ve got to be dedicated to fixing them.” After noting that he had gone from a “consumer of a product you loved, to now the owner”, she added: “It might be a ‘be careful what you ask for’ type of thing.” She also said she did not always like his tweets and suggested Mr Musk should be “held to a different or higher standard” as both the most-followed account on Twitter and its owner. “A lot of people think you might be too provocative,” she said, adding that he should give up his late-night tweeting. “Will you commit to being a little more specific and not tweet after 3am?” she asked. “People in this room would like to see that. It would make them feel more confident.” Twitter is seen by Mr Musk as an accelerant to his goal of creating an “everything app”, which he has called X. This will allow users to conduct business on the platform, which will be a big draw for advertisers who can target customers with direct in-app purchases. It is a vision that Ms Yaccarino appeared to favour in her meeting with Mr Musk. In one of her relatively rare tweets, she also recently expressed another shared goal for how “Twitter 2.0” will look: the return of the short-form video-sharing feature Periscope. She also encouraged Mr Musk to reinstate Twitter’s Influence Council of marketers and advertising executives that allowed industry figures to give direct feedback on how they wanted the platform to look. She told Mr Musk: “The people in this room are your accelerated path to profitability. But there’s a decent bit of sceptics in the room... There’s people who cannot separate the man, his opinions, and the microphone that he now owns.” Ms Yaccarino will now potentially take charge of that microphone, offering a way for advertisers who left the platform to credibly distance themselves from the controversial billionaire. The Independent has contacted NBCUniversal for comment, and Twitter responded with its customary poop emoji. Read More Twitter backlash after Elon Musk gives blue tick to users without consent Elon Musk announces Linda Yaccarino as new CEO of Twitter Elon Musk says he has hired new CEO of Twitter Elon Musk warns people not to trust Twitter’s new feature
2023-05-13 01:46
African Infrastructure Fund Targets $500 Million in First Close
African Infrastructure Fund Targets $500 Million in First Close
Africa50, a Morocco-based investment platform, seeks to raise $500 million in the first close of its Infrastructure Acceleration
2023-07-04 03:24
Stock Market Today: Asian stocks rise following Wall Street’s 3rd straight winning week
Stock Market Today: Asian stocks rise following Wall Street’s 3rd straight winning week
Stocks are mostly higher in Asia after Wall Street closed its third straight winning week with a tiny gain
2023-11-20 13:29
Tupperware may not go out of business after all
Tupperware may not go out of business after all
Tupperware was left for dead; a relic of a lost time when leftovers storage had but one dominant market player. So why is its stock up 47% today?
2023-08-04 21:56
1.2 million chickens will be slaughtered at an Iowa farm where bird flu was found
1.2 million chickens will be slaughtered at an Iowa farm where bird flu was found
An additional 1.2 million chickens will be slaughtered after bird flu was confirmed on an Iowa egg farm in the second massive case this week
2023-11-11 06:57
Biden vows to cut U.S. gasoline prices
Biden vows to cut U.S. gasoline prices
LARGO, Maryland U.S. President Joe Biden vowed on Thursday to get gasoline prices down, one day after a
2023-09-15 04:22
Oil Steadies With Gaza Crisis and Venezuela Talks to the Fore
Oil Steadies With Gaza Crisis and Venezuela Talks to the Fore
Oil steadied as the US intensified diplomatic efforts to contain the crisis in Gaza even as Israel warned
2023-10-17 08:57