Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Linda Yaccarino’s first task – dealing with Elon Musk

Published

on

twitter advertising

In addition to lavish spending and hosting parties at luxury hotels, Linda Yaccarino has built a lifelong career in advertising.

You can compare this to Elon Musk, who sleeps on the couch of his friends homes.

As Twitter’s new CEO, Yaccarino replaces Musk as the company’s founder.

This new odd couple is the talk of Madison Avenue. Will they be able to work together?

This decision will determine the future of one of the most important social media companies in the world.

Since Musk took over Twitter in late October, many big-name advertisers have fled, and Yaccarino is tasked with regaining their trust.

Gwynne Shotwell, Musk’s No. 2, has long handled the day-to-day duties at SpaceX, freeing Musk up to focus on what he enjoys — like sending humans to Mars.

Yaccarino joins a company with 1,500 employees, many of them engineers and programmers who will still report to Musk as product development overseer.

Compared to her last job, Twitter’s advertising department is dramatically smaller. Over the past seven months, employees have endured rounds of layoffs and clients fleeing, partly due to Musk’s ownership changes, his content moderation changes, and his own controversial tweets.

The first major hurdle may be dealing with Musk. Perhaps Yaccarino will discover that a tightening economy, down-trodden ad market and shifting media landscape are nothing, compared to dealing with her now boss.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

on

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

on

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

on

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now