Twitter to be world's most accurate real-time info source: New CEO

News Network
June 13, 2023

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The new boss of social media firm Twitter, Linda Yaccarino, has outlined her plans for "Twitter 2.0.", after taking over from Elon Musk a week ago.

She says the company is "on a mission to become the world's most accurate real-time information source".

Since Mr Musk bought Twitter last year, it has faced criticism over its approach to tackling disinformation.

In the last month, the company lost its head of trust and safety and pulled out of the EU's disinformation code.

In a series of tweets, which was also emailed to employees, Ms Yaccarino echoed Mr Musk's goal, that Twitter must transform the "global town square".

She said this would help "drive civilisation forward through the unfiltered exchange of information and open dialogue about the things that matter most to us."

"Users need to know that the town square is not biased," Ray Wang, the chief executive of Silicon Valley-based research firm Constellation told the BBC.

Mr Musk, who is a self-described "free speech absolutist", has criticised Twitter's policies on moderating content, arguing that it needed to be a genuine forum for free speech.

But his moves to reinstate right-wing accounts, whose views he has shared, and loosen moderation have driven away advertisers. In December, revenue reportedly fell by 40% to a year earlier.

For advertisers to return, they need to know what to expect in terms of user content and engagement, Mr Wang said.

"She is definitely someone who can balance out Elon and go toe-to-toe with him as he respects her," he added.

Since buying Twitter last year for $44bn (£35.1bn), Mr Musk had been under pressure to find someone to lead the firm so that he could focus on his other businesses, which include electric carmaker Tesla and rocket firm SpaceX.

On 12 May, Mr Musk, who recently reclaimed the title of the world's richest person, announced that Ms Yaccarino would succeed him as the chief executive of Twitter in six weeks time.

However, she started the role earlier than expected, just days after the resignation of the firm's head of trust and safety.

Ms Yaccarino is credited with helping to steer media giant NBCUniversal through upheaval in the industry caused by changing technology.

In her former role, she overhauled the company's advertising sales business and was behind the 2020 launch of its advert-supported streaming platform Peacock.

She now oversees business operations at Twitter, which has been struggling to make money, while Mr Musk continues as the company's executive chairman and chief technology officer.

"We believe Linda has a solid vision for Twitter with a lot of wood to chop that can be turned around," Daniel Ives from Wedbush Securities said.

"This is a great first step and she knows the task ahead for Twitter to monetise the platform which remains the golden goose." 

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News Network
April 29,2024

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Mysuru, Apr 29: Veteran politician and incumbent Chamarajanagar MP V Srinivas Prasad breathed his last at 76.The stalwart BJP leader, who had been battling health issues, succumbed to a severe heart attack, leaving behind a void in Karnataka's political arena.

A Dalit leader in the Old Mysuru region, Prasad was in Congress but joined the Bharatiya Janata Party before the 2018 Karnataka Assembly elections following a fallout with Chief Minister Siddaramaiah. The two had recently met in Mysuru and discussed the political scenario in the state.

Prasad extended support to the Congress in the Lok Sabha election 2024 and this is being seen as a crucial factor in the SC-reserved Chamarajanagar constituency, which Prasad represented in Parliament. On April 2, Prasad’s relatives and supporters joined Congress.

He served as a Union minister from 1999 to 2004 as the Loka Jana Shakthi MP. In the Karnataka Assembly elections, he was elected twice as an MLA and served as the state’s revenue minister.

Prasad, known for his distinguished political career spanning over five decades, was admitted to Manipal Hospital in Bengaluru due to urinary tract-related complications and age-related ailments.

However, his condition deteriorated rapidly, leading to his untimely demise in the wee hours of Monday.

Born on August 6, 1947, in Ashokapuram, Mysuru, Prasad's political journey was marked by significant milestones. He represented Chamarajanagar constituency as MP for an unprecedented seven terms and had derved as MLA from Nanjangud constituency twice.

He had held key ministerial portfolios including Minister for Food and Civil Supplies in the Atal Bihari Vajpayee government and Minister for Revenue and Muzrai in the Siddaramaiah-led Karnataka government.

He had joined the BJP officially in December 2016 and was elected as MP from Chamarajanagar again in 2019, showcasing his enduring popularity among constituents.

Prasad's demise has plunged the political fraternity and his supporters into mourning. His family members, political associates, and well-wishers are gathering to pay their final respects as his mortal remains are being transported from Manipal Hospital to his residence in Jayalakshmipuram, Mysuru.

The Exhibition Grounds in Mysuru will witness a stream of mourners as Prasad's mortal remains will be kept for public viewing, allowing people from all walks of life to bid farewell to their beloved leader.

Prasad's name had come up in the 'Tehelka tapes' controversy, after the sting operation by magazine Tehelka to expose defence deals under the Atal Bihari Vajpayee-led NDA government. The tapes showed Samata Party leader Jaya Jaitley allegedly telling an arms dealer to deposit money with Prasad, who was then in Bengaluru. However, Prasad denied these claims, saying he was in Mysuru at the time, and also sued Tehelka for defamation.

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News Network
May 5,2024

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Iran has urged Muslim countries to cut all relations with the Israeli regime as means of pressuring Tel Aviv to end its ongoing genocidal war on the Gaza Strip.

Foreign Minister Hossein Amir-Abdollahian made the remarks on Saturday, addressing the 15th Heads of State and Government Summit of the Organization of Islamic Cooperation (OIC) in Gambia’s capital Banjul.

“Beyond doubt, this time period will also pass by, despite all its hardships and adversities for the Palestinian nation,” he said.

“However, the manner and quality of the role that is played by us, Muslim states, in the face of this crisis will go down in history,” the top diplomat added.

“Undoubtedly, severance of diplomatic and economic ties and [imposition of] practical arms and trade embargo [on Israel] serves as an important means of cessation of its genocide in Gaza and atrocities in the West Bank and the Noble al-Quds.”

At least 34,654 people have died in Gaza since October 7, when the Israeli regime began the war in response to al-Aqsa Storm, a retaliatory operation by the coastal sliver’s resistance groups.

Despite the unabated campaign of bloodshed and destruction, the regime has so far fallen short of realizing its goals, including defeating Gaza’s resistance, causing forced displacement of the territory’s entire population to neighboring Egypt, and enabling the release of those who were taken captive during al-Aqsa Storm.

Amir-Abdollahian said Gaza’s developments proved that elimination of the Palestinian resistance “was nothing but an illusion.”

“Because the Israeli regime is not a legitimate government. It is only an occupying apartheid power,” he said, adding, “Passage of time is not going to lend legitimacy to an occupying power.”

The foreign minister asserted that realization of sustainable peace and security in the region was only possible through cessation of the regime’s occupation of Palestine, Syria, and Lebanon, return of the Palestinian refugees to their homeland, and manifestation of Palestinians’ right to self-determination.

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News Network
April 30,2024

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Bengaluru, Apr 30: In a horrific incident, a quarrel between a 60-year-old woman and her 19-year-old daughter ended in the murder of the latter, after they both stabbed each other. The incident took place in Shastri Nagar in Banashankari police station limits in Bengaluru, on Monday evening.

The deceased has been identified as Sahitya, who had completed PUC this year. Her mother, who has sustained stab injuries, has been hospitalised. Police said the incident occurred around 7.30 pm, when a fight broke out between the mother and daughter at their house.

They both allegedly picked up knives and started stabbing each other. While the mother stabbed the daughter thrice in the neck and stomach, the daughter stabbed her mother four times. Hearing the commotion, the neighbours rushed to their house and alerted the police on seeing both of them lying in a pool of blood.

The police, who rushed to the scene, shifted both women to hospital, where Sahitya was declared brought dead. The mother, whose name was not revealed, is undergoing treatment. 

“As per the initial probe, only the two were living in the house. The reasons for the incident will be known only after the mother recovers and we record her statement,” the police said. The Banashankari police have registered a murder case and are further investigating.

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