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
January 31,2026

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Bengaluru: The shooting incident involving CJ Roy, founder of the Confident Group, has once again put the spotlight on a businessman whose life has swung between flamboyant global success and persistent controversy at home.

Though Roy’s business interests extended across continents, his roots lay firmly in Karnataka. An alumnus of Christ School in Bengaluru, he later moved to Tumakuru to pursue an engineering degree. Those familiar with his early years describe him as intensely ambitious, beginning his career as a salesman at a small electronics firm dealing in computers.

Roy’s entry into large-scale real estate came through the Crystal Group, where he worked closely with Latha Namboothiri and rose from manager to director. However, the launch of the Confident Group in 2005 was clouded by industry speculation. Insiders speak of a fallout involving alleged “benami” properties and claims of deception that ultimately led to his independent venture—an episode Roy spent years trying to distance himself from, according to associates.

A tale of two cities

Roy’s professional trajectory diverged sharply across geographies.

In Dubai, he built a reputation as a bold and efficient developer, completing massive luxury residential projects in record time—some reportedly within 11 months. His rapid project delivery and lavish lifestyle in the Emirates earned him admiration and visibility in the real estate sector.

In Bengaluru, however, his image remained far more fractured. Sources say Roy stayed away from the city for several years amid disputes over unpaid dues to vendors and suppliers. Several projects were allegedly stalled, with accusations of unfulfilled commitments to cement and steel suppliers continuing to follow him.

Roy’s return to Bengaluru’s business and social circles began around 2018, marked by a conscious attempt at rebranding. His appointment as Honorary Consul of the Slovak Republic added diplomatic legitimacy, which he complemented with visible CSR initiatives, including ambulance donations and high-profile charity events.

Heavy police presence in Langford Town

Following the incident, police personnel from the Central division were deployed outside the Confident Group building in Langford Town, which also houses the Slovak Honorary Consulate in Bengaluru.

The otherwise busy premises near Hosur Road wore a deserted look on Friday, reflecting the shock and uncertainty that followed the tragedy.

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