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WSJ yesterday for what it's worth: https://www.wsj.com/articles/linda-yaccarino-in-talks-new-twitter-ceo-elon-musk-7a006bb5 https://www.wsj.com/articles/linda-y
by atestu 3y ago
WSJ yesterday for what it's worth: https://www.wsj.com/articles/linda-yaccarino-in-talks-new-twitter-ceo-elon-musk-7a006bb5 https://www.wsj.com/articles/linda-yaccarino-in-talks-new-tw... Good writeup
And to add to your comment:
> Mr. Musk, who has been CEO since buying the company in October, said his role will shift to executive chairman and chief technology officer. But Mr. Musk also made clear he wasn’t about to yield control over the platform, saying he would maintain responsibility for product, software and system operations.
- caycep 3y agoFrom what I can see of where his interests are, and his attention span...does he really WANT to deal with reliability/uptime/systems engineering? Seems like a poor fit (AFAIK, the businesses that do well have Gwynne Shotwells at the helm who are good at milking him for selective insights, then insulating the staff from his worse impulses...not really a great fit for the DNA of a cloud services company)
- tootie 3y agoHe's only handing off the fiduciary duty. Basically he'll do what he wants with the platform and make someone else figure out how to make money with what he does.
- classified 3y agoDoesn't matter now either way, he's destroyed twitter for me and I'm not coming back.
- jacquesm 3y agoLikewise, especially because (1) he still owns it and (2) he can revert this at the drop of a hat and (3) he will likely be one heck of a backseat driver while she takes all the heat for his fuckups.
- AlchemistCamp 3y agoWhat change "destroyed" it for you? Was it extending the tweet length limit? Opening up verification for individuals? Organization labels? Bringing back a "following" timeline? From my POV, it's gotten objectively better at a rapid clip over the past 6 months and I've been seeing less off-topic stuff in my feed (which is basically anything not programming-related) or a few other accounts I follow.
- blisterpeanuts 3y agoAlso: long form videos, subscriptions, encrypted messaging. Upcoming possibilities: video conferencing, micropayments á la WeChat. I think the acquisition has opened up a lot of interesting possibilities and potential for a service that had become stale.
- IOT_Apprentice 3y agoCourting actual Nazis, white supremacists, MAGA extremists and pushing them into prominence on feeds. And his constant need to feed his ego.
- lazyeye 3y agoCan you provide examples of this? And I mean genuine extremists rather than just people you disagree with.
- wahnfrieden 3y agoHe brought back anyone previously banned for open naziism such as Andrew Anglin and more recently Patriotic Alternative. And some suspicious several “14 88” referencing tweets. There’s also the Nazi meme he posted. Then the Nazi with several huge Nazi tattoos that he defended as unlikely to be a Nazi. Or the groyper memeing. Then the Angelicism / Milady Maker memeing, an nft project made by crypto neonazis with anime swastika homepages
- lazyeye 3y agoI checked just now and Andrew Anglin's account is suspended. I wasnt able to find a Patriotic Alternative account and when I searched on it, the overwhelming majority of the tweets were critical. And the content of the so-called nazi meme appears to have nothing to do with Nazism other than the shape of a helmet. It's actually about the speed of technology change. And from what I can tell Nick Fuentes/Groyper thing was on twitter for 24hrs before being suspended. So I dunno....it looks like you are providing a distorted view to support a narrative. If I wanted to I'm sure I could find all kinds of other hate content on the fringes that is equally nasty but sits outside the "narrative" we are constantly being force-fed.
- insane_dreamer 3y agoNot going back either, but mostly because it gave me the impetus to get off and discover what a useless timesink it was for me from the start. So Elon does get my thanks for that. I don't miss it just like I don't miss FB since dropping off that ~10 yrs ago.
- abirch 3y agoI agree with you though I do miss PaulG. I was excited when he was on Mastodon because I could follow him with RSS.
- samstave 3y ago"fiduciary duty" == censorship over whatever narrative twitter is being used to push... Ill never forget my interview at twitter in ~2007 >"What do you think that twitter is?" >>"Well, most people think of twitter as a social media platform, but I think its a global sentiment engine and litmus" Yes that was my actual answer.
- jeegsy 3y agoDid you get the job?
- sharkweek 3y agoIf I was asked that now, I’d say: “Twitter is my drunk aunt and uncle who absolutely hate each other at this point at a family gathering.”
- lazide 3y agoAh, memories. Sums up the political discourse pretty well though.
- samstave 3y agoAnd now we have CCP fighting CIA/NSA and its weird how publicly we can see it? Are they failing forward???
- DoesntMatter22 3y agoI think he's primarily hiring her for advertiser relations. She knows all the advertisers and can placate them. Meanwhile hell drive the company and she can be the face
- UncleOxidant 3y ago[flagged]
- tootie 3y agoAdvertising and product are not separate concerns. Advertising _is_ the business. If he doesn't take orders from her, the business will just get worse. His vision of "free speech" is in direct antagonism to the kind of brand-safe content that advertisers want.
- UncleOxidant 3y agoWhat are the chances that he actually will listen to her and take her advice? I kind of think he's not accustomed to doing that.
- DoesntMatter22 3y agoThere is no chance. That's not what he hired her for. She's just handling the Ads section and being the face of the company. That's it.
- DoesntMatter22 3y agoHe's not going to take orders from her. That's not her role. And him being a lightning rod of controversy is the only thing that hurt the company. They are grinding out features faster than ever, the got rid of a ton of staff but are moving faster than at any time in the past. You, and others like you want to paint Twitter as some huge failure because you dislike Musk, and that's fine, but in reality the biggest advertisers have come back and with her at the helm even more will. First of all, if you want to see some real crazy racist stuff go on LinkedIn or Facebook. People there are even worse than Twitter. All advertising companies took a hit, and Twitter is actually almost profitable at this point, so if she improves things it WILL be profitable. As soon as he can start paying down that 12 billion loan things will get even better.
- junofan 3y agoSays he’s still an officer, so I don’t think this is true.
- justrealist 3y agoThat actually worked with SpaceX though. Elon handed off operations and "making money" to Gwynne Shotwell and she killed it. Elon is still working on moonshots like Starship, but it let the core F9 product run operationally smoothly and rake in cash.
- fubfjvdyvd 3y ago[flagged]
- TheAlchemist 3y agoIs SpaceX profitable ? Last estimates I saw suggested they are still bleeding a lot of money every month.
- mlindner 3y agoI’m confused why this is even in doubt? It’s a twenty year old company with over ten thousand employees. How could it not be profitable?
- anonporridge 3y agoIt's private, so we have no way of knowing.
- jacobr1 3y agoWho knows, but the question is more of unit economics than company profitability. Falcon could be profitable on a per-launch basis, and all the profit gets shuttled back into R&D.
- justrealist 3y agoNot the company overall, but the Falcon 9 + Falcon Heavy platforms themselves are vastly profitable.
- mbesto 3y ago"Our widgets are profitable, but all of the R&D, sales people, back-office people, etc. etc. required to actually run a business makes us unprofitable" So ummm who's gonna pay all of those people to make sure the robots and people make the widgets every day?
- arcticbull 3y ago[flagged]
- ChuckNorris89 3y agoIf he pays me CEO money, I'll happily be his fall guy. Elon, my e-mail is in my profile.
- deleted 3y ago[deleted]
- diebeforei485 3y agoHe owns the company, so I'm not sure what you mean by fiduciary duty. Duty to who?
- xhkkffbf 3y agoI believe he borrowed a big chunk of the cash. So he owes these folks something for funding it. It might be kind of limited but he can't just treat it like his own fiefdom.
- deleted 3y ago[deleted]
- gpm 3y agoHe owns the majority of the company, but not all of it. There are other partial owners as well (Qatar, A Saudia Prince, Larry Ellison, Jack Dorsey, a venture capitalist or two, etc).
- singleshot_ 3y agoTo the entity and to the shareholders. Sometimes to the creditors.
- daniel_iversen 3y agoI can't see how that could be correct. Firstly, if he runs product then there needs to be deep strategic alignment and he can't leave it to the CEO to "figure out how to make money", secondly, it's not just fiduciary duties for the CEO (or at least that is a gross simplification) - my bet is Elon is thrilled to hand over some of the organisational structure, marketing, sales, people and finance operational and strategic aspects that aren't directly related to the unique vision of Twitter and the product and engineering processes itself. And as the owner and chair he'll still be very much involved with things at a high level too.