News

X CEO Linda Yaccarino uninformed about Elon Musk’s subscription plan

Published

8 months ago

September 29, 2023

ticker NEWS

X CEO Linda Yaccarino appeared perplexed when questioned about Elon Musk’s plan to introduce a subscription model for X.

The confusion raised concerns about her knowledge of the company’s strategic direction and her involvement in key decisions.

During the interview conducted by CNBC’s Julia Boorstin, Yaccarino initially seemed unaware of Musk’s announcement regarding a “small monthly payment” for X’s services. Boorstin probed about the potential impact of this shift from ad-based revenue to subscriptions on X’s business model. Yaccarino’s response, or lack thereof, left many wondering if she was truly informed.

Musk had publicly revealed the subscription plan in a live-streamed conversation, emphasizing its importance in deterring spammers and bots from profiting on the platform. This suggested that the move was more than just an idea.

As the interview continued, Yaccarino evaded questions about her consultation in this decision, despite her background in advertising and her role as X’s CEO. She defended her position, stating that she was brought in to run the company and deliver the best user experience. However, her inability to address subscription-related queries left the audience perplexed.

The interview also highlighted Yaccarino’s lack of precise knowledge about X’s user numbers, further raising doubts about her understanding of the company’s operations.

Ultimately, the interview painted a picture of discord between Yaccarino and Musk, suggesting that they may not be aligned on X’s strategic direction. Questions about subscriptions, staffing, and other crucial aspects of X’s future remained unanswered, leaving observers uncertain about the company’s direction under its current leadership.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

1 day ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

1 day ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

2 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending