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 27,2024

The spokesman for the Yemeni Armed Forces has said it has carried out new operations against American and British targets in retaliation for their aggression on the country.

Brigadier General Yahya Saree said on Friday that Yemen’s naval forces struck a British oil tanker in the Red Sea with missiles.

Saree also said the military also shot down an American MQ-9 drone in Sa’ada province.

He added that the new operations were also a show of solidarity with Palestinians in the Gaza Strip, amid the Israeli genocide there. 

“The Yemeni Armed Forces salute all the people of Yemen for their faithful response to the call of the fighter leader Sayyed Abdulmalik Badr El-Din Al-Houthi, may Allah protect him, in their unprecedented large-scale interaction in support of our oppressed brothers in the Gaza Strip, affirming support for the Armed Forces in their military operations against the ‘Israeli’ enemy and against the American-British aggression supporting it in the Red and Arabian Seas and the Indian Ocean,” Saree said.

He stressed that the Yemeni armed forces will continue operations in the Red and Arabian Seas as well as the Indian Ocean until the Western-backed Israeli genocide comes to a halt.

Since the start of the brutal campaign in Gaza, the regime has killed more than 34,300 Palestinians and injured over 77,000 others. It has cut off fuel, electricity, food and water to the more than two million Palestinians living there.

The Yemeni Armed Forces have been targeting Israeli vessels or those “associated” with the occupying regime in the Red Sea and the Arabian Sea since October 7, 2023.

The regime ignited its bloody war machine in the besieged Palestinian territory on that October day in response to Operation Al-Aqsa Storm conducted by the resistance movement Hamas.

The maritime attacks have forced some of the world’s biggest shipping and oil companies to suspend transit through one of the world’s most important maritime trade routes.

Tankers are instead adding thousands of miles to international shipping routes by sailing around the continent of Africa rather than going through the Suez Canal.

The pro-Palestine maritime campaign has also prompted airstrikes by the US and its allies on Yemen – in violation of the Yemeni sovereignty and international law.

In consequence, Yemen’s armed forces have declared US and British vessels as legitimate targets.

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News Network
May 3,2024

Mangaluru, May 3: The Mangaluru City Corporation will resort to water rationing from May 5 as the Thumbe vented dam, which supplies drinking water to the city, is facing a shortage in water storage.

Instead of daily supply, water will be supplied on alternate days, the Executive Engineer (Water Supply) at the corporation said in a release.

The release said that water will be supplied to Mangaluru City North on May 5. There will be no water supply to Mangaluru City North on May 6. Instead water will be supplied to Mangaluru City South on May 6. Likewise the supply on alternate days will continue.

The inflow in the Netravathi has stopped, the release said, requesting people to cooperate with the corporation and not waste water for washing vehicles and other purposes.

An engineer at the corporation said that water level at the dam stood at 4.27 m on Wednesday against the full storage level of 6 m. If water is supplied daily to the entire city (Mangaluru City North and Mangaluru City South) the existing storage will last only for 16 days, the engineer said. Hence the decision to supply water on alternate days has been taken to supply water till May-end.

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News Network
April 24,2024

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With the Karnataka transport department extending the deadline for the installation of High Security Registration Plate (HSRP) twice--- in November last year and February, it is no longer planning to extend the same. The department ordered for the installation of HSRP before May 31.

The transport department through a notification in August last year, had mandated the installation on all the vehicles that were registered in the state prior to April 1, 2019. According to transport officials, there are nearly two crore vehicles that are supposed to get HSRP for their vehicles.

“As of now, the state has registered only 34 lakh HSRP installations, despite extending the deadline twice. From nearly 18 lakh installations since February, the numbers have almost doubled. However, there are still a large number of vehicles that have to opt for HSRP,” said C Mallikarjuna, Additional Commissioner for Transport (Enforcement).

“We will wait till May 31 to check for the total number of vehicles that fall in line. We are expecting HSRP installations to touch 75 lakh, after which we will consider an extension as the numbers indicate that people are falling in line and if some more time is given everyone will get it done. However, if we do not reach that number before the deadline, we will request the government not to extend the deadline but urge for an enforcement,” he said.

He also stated that a fine of Rs 500 will be imposed for the first time and if vehicle owners do not fall in line, it will be Rs 1,000 later until they have installed HSRP. “We will wait till the Model Code of Conduct ends and take the government’s opinion. We are going to request the government for strict enforcement if the HSRP installations are not satisfactory,” he added.

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