SAN FRANCISCO--(BUSINESS WIRE)--May 15, 2023--

By Naomi Rovnick LONDONExperienced tech investors are hunting for undervalued opportunities in an over-valued space. At stake is

Elon Musk has announced he’s hired former NBCUniversal advertising boss Linda Yaccarino as the new Twitter chief executive. The erratic billionaire confirmed widespread speculation that Ms Yaccarino would take on the role in a Twitter post on Friday. “Looking forward to working with Linda to transform this platform into X, the everything app,” Mr Musk wrote. Ms Yaccarino will focus on business operations, while Mr Musk will stay on as executive chairman and focus on product design and new technology, he said. Hours earlier, Ms Yaccarino said in a statement she was leaving her role as chairman of global advertising and partnerships at NBCUniversal after more than a decade at the media conglomerate. “It has been an absolute honour to be part of Comcast NBCUniversal and lead the most incredible team,” she said. “We’ve transformed our company and the entire industry.” Ms Yaccarino oversaw the launch of the NBC’s streaming site Peacock. On Thursday, Mr Musk teased the appointment when he announced he had hired a woman to take over the social media platform’s top job from him in six weeks. The appointment, six months after Mr Musk said he would step down as CEO, comes as Twitter faces an exodus of advertisers, service disruptions, and renewed scrutiny from regulators. After purchasing the platform for $44bn last October, Mr Musk has fired around 80 per cent of the workforce, reinstated banned accounts, and allowed hate speech to flourish under the guise of “free speech”. Read More Elon Musk says he's found a new CEO for Twitter, a woman who will start in 6 weeks Stephen King ruthlessly shuts down US commentator Dan Bongino after incendiary exchange Twitter finally adds secure messaging to DMs – but Elon Musk tells people not to ‘trust it’ Reports: NBC Universal executive will take over as the new CEO of Twitter AP News Digest 4 a.m. Secure messaging arrives on Twitter - sort of. 'Don't trust it yet,' Musk warns

SEATTLE--(BUSINESS WIRE)--Jun 20, 2023--

AUSTIN, Texas--(BUSINESS WIRE)--May 18, 2023--

Why did xQc shock during his recent live stream? Who is Adept?

WASHINGTON The Biden administration on Tuesday said it was overhauling student loan repayment plans, seeking to make payments

By Dawn Chmielewski and Lisa Richwine LOS ANGELES The tentative deal Hollywood writers reached with the major studios

Elon Musk has revealed new details about the next major test flight for SpaceX’s Mars-bound Starship rocket, which he claims is ready to launch. SpaceX is still awaiting approval from the Federal Aviation Administration (FAA) to launch the biggest rocket ever built, with the US regulators currently undertaking a “mishap investigation” for the previous Starship launch in April. The 400-foot-tall (121 metre) rocket exploded over the Gulf of Mexico just three minutes into a planned 90 minute flight on 20 April, breaking up into pieces over the water. An inadequate launchpad was also destroyed by Starship’s huge engines, blasting concrete chunks and metal shards across a 700-acre area. The SpaceX boss had predicted that the rocket would explode, saying ahead of the attempt: “I am not saying it will get to orbit but I am guaranteeing excitement.” The tech billionaire is more hopeful for the latest launch attempt, having made several key changes to how it operates. “We are doing a new staging technique called hot staging where you light the upper stage engines while the booster stage is still firing,” Mr Musk told the All-In Podcast this week. This is the most efficient way to do stage separation of a rocket going to orbit but we did not try that on the last mission... I think, I hope, we have a well over 50 per cent chance of getting through stage separation, and maybe a close to 50 per cent chance of getting to orbit if the hot staging separation method works. “I’d say it’s above 50 per cent chance of getting to orbit this time, whereas previously I said below 50.” Once in orbit, Starship will travel around the planet before splashing down in the Pacific Ocean just north of Hawaii. The Starship rocket is currently fully stacked at SpaceX’s Starbase facility in Texas, though it is not clear how long the private space firm will have to wait before receiving FAA approval. “The SpaceX Starship mishap investigation remains open,” the FAA said in a statement last week. “The FAA will not authorise another Starship launch until SpaceX implements the corrective actions identified during the mishap investigation and demonstrates compliance with all the regulatory requirements of the licence modification process.” Read More SpaceX launch of Starship rocket on hold amid ‘mishap investigation’ SpaceX launch of Starship rocket on hold amid ‘mishap investigation’ Starship ‘ready to launch’, Elon Musk says SpaceX smashes rocket launch record as Musk eyes historic Starship mission

Elon Musk's rebranding of Twitter to X is complete. The app’s icon now sports a

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Furious with Twitch's policy change, Ninja gives Kick a chance