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

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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.

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Snap elections shake Macron’s government

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What lies ahead for the French government?

Euro Bloch is a comprehensive program designed to highlight the breadth of topics and issues within the EU political landscape. It offers insightful analysis within the evolving framework of relations between the European Union and Australia/Asia-Pacific region.

Hosted by Ticker EU correspondent, Natanael Bloch.

In this episode, Natanael sits down with Ahron Young to discuss the latest developments following the recent French snap elections. #euro bloch #trending

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Money

Netflix expands use of ads despite slow subscriber growth

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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.

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Leaders

President Biden tests positive to COVID, in wake of rising election tensions

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The calls for President Joe Biden to drop out of the election race continue to mount, just as the president tests positive for COVID19.

Election tensions heat up and The Republican National Convention continues – the night all about Trump’s VP pick JD Vance, as the campaign’s boss defends the secret service, and says Trump will continue with his rallies. #featured #trending

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