It’s part of Linda Yaccarino and Elon Musk’s plan to create an ‘everything’ platform. News 

X CEO confirms video chat feature will be available on platform

Linda Yaccarino, the CEO of X (previously known as Twitter), has announced that video chat will be introduced to the platform. In an interview with CNBC’s Sara Eisen, Yaccarino stated that users will soon have the ability to make video calls without sharing their phone numbers with others on the platform. This decision aligns with Yaccarino and Musk’s goal of transforming X into a comprehensive application that encompasses various features such as extended videos, payment options, and creator subscriptions. The announcement follows a somewhat cryptic message from X designer Andrea…

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It’s long been rumored that Musk is keen to bring fintech features to Twitter. News 

Jack Dorsey Reveals Plans for Banking and Payments in X Rebranding Memo

The process of Twitter’s rebranding to X has commenced, and CEO Linda Yaccarino has provided some fresh insights into how it might impact the company. According to a memo cited by CNBC, Yaccarino hinted that Elon Musk’s new vision could emphasize payments and banking functionalities. “Our usage is at an all-time high, and we continue to delight our entire community with new experiences in voice, video, messaging, payments and banking – creating a global marketplace for ideas, goods, services and opportunities,” he wrote. It has long been rumored that Musk…

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The new Twitter chief promises to change the social media platform and offer accurate real-time information. News 

Twitter CEO’s First Email Send to Staff Since Taking Office

Linda Yaccarino, the newly appointed CEO of Twitter, has addressed the company’s employees in her first email titled “Building Twitter 2.0 Together”. She emphasized the company’s goal of becoming the “global town square” as stated by her boss Elon Musk and acknowledged the need for transformation. “From space exploration to electric vehicles, Elon knew these industries needed change, so he did,” Yaccarino wrote in a memo on Monday, according to the Verge. “Recently, it has become increasingly clear that the global city square needs a transformation – to move civilization…

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Advertisers may be spooked by a rise in hate speech and pornography. News 

Twitter’s Ad Revenue Plummets 59 Percent Year-on-Year

According to The New York Times, Twitter has experienced a 59 percent decrease in advertising revenue over a five-week period from April 1st to early May compared to the same time frame in the previous year. The company has consistently failed to meet sales projections, and despite the appointment of new CEO Linda Yaccarino, Twitter employees and documents suggest that this trend is unlikely to change in the near future. Musk has previously said Twitter is on track to generate $3 billion in revenue in 2023, up from $5.1 billion…

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The appointment of Linda Yaccarino, former Chairman of Global Advertising and Partnerships at NBC Universal, as Twitter CEO will free Elon Musk to devote more to Tesla and bring it back on course. News 

Elon Musk Says Appointing Linda Yaccarino as Twitter’s New CEO Lets Him Focus on Tesla

Appointing Linda Yaccarino, former president of Global Advertising and Partnerships at NBC Universal, as CEO of Twitter frees up Elon Musk to devote more time to Tesla and get it back on course. Musk’s role will now shift to director and chief technology officer to “oversee product, software and systems operations.” “Bringing Linda in will allow me to devote more time to Tesla, which is exactly what I plan to do,” Musk said Saturday. Tesla’s operating profit fell 24 percent to $2.7 billion in the first quarter of 2023 as…

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