List of All Articles with Tag 'tech'

A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced the company into paying a grossly inflated price to acquire software corporation NetSuite

Oracle Corp. founder Larry Ellison won a pension fund lawsuit over the company’s 2016 acquisition of rival software

Elon Musk is welcoming a veteran ad executive to the helm of Twitter

Twitter is getting a new boss after current CEO Elon Musk announced on Friday that he has found a replacement: advertising executive Linda Yaccarino. The tech billionaire named the new chief executive less than a month after she interviewed him on a panel, titled “Twitter 2.0: From Conversations to Partnerships”, hosted by her current employer NBCUniversal. The event gave an insight into how she views both the tech billionaire and her vision for the future of Twitter, revealing some significant concerns she had about his takeover of the company. When discussing his tenure so far as the head of Twitter, Mr Musk said it had been “entertaining”, adding “train wrecks arguably are entertaining.” Ms Yaccarino responded: “Train wrecks happen sometimes if you’re dedicated [but] you’ve got to be dedicated to fixing them.” After noting that he had gone from a “consumer of a product you loved, to now the owner”, she added: “It might be a ‘be careful what you ask for’ type of thing.” She also said she did not always like his tweets and suggested Mr Musk should be “held to a different or higher standard” as both the most-followed account on Twitter and its owner. “A lot of people think you might be too provocative,” she said, adding that he should give up his late-night tweeting. “Will you commit to being a little more specific and not tweet after 3am?” she asked. “People in this room would like to see that. It would make them feel more confident.” Twitter is seen by Mr Musk as an accelerant to his goal of creating an “everything app”, which he has called X. This will allow users to conduct business on the platform, which will be a big draw for advertisers who can target customers with direct in-app purchases. It is a vision that Ms Yaccarino appeared to favour in her meeting with Mr Musk. In one of her relatively rare tweets, she also recently expressed another shared goal for how “Twitter 2.0” will look: the return of the short-form video-sharing feature Periscope. She also encouraged Mr Musk to reinstate Twitter’s Influence Council of marketers and advertising executives that allowed industry figures to give direct feedback on how they wanted the platform to look. She told Mr Musk: “The people in this room are your accelerated path to profitability. But there’s a decent bit of sceptics in the room... There’s people who cannot separate the man, his opinions, and the microphone that he now owns.” Ms Yaccarino will now potentially take charge of that microphone, offering a way for advertisers who left the platform to credibly distance themselves from the controversial billionaire. The Independent has contacted NBCUniversal for comment, and Twitter responded with its customary poop emoji. Read More Twitter backlash after Elon Musk gives blue tick to users without consent Elon Musk announces Linda Yaccarino as new CEO of Twitter Elon Musk says he has hired new CEO of Twitter Elon Musk warns people not to trust Twitter’s new feature

David Risher had a rocky first week at his job.

Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on

Twitter may soon have an ad sales veteran in charge, after months of hemorrhaging advertisers under owner Elon Musk.

By Supantha Mukherjee and Victoria Waldersee STOCKHOLM/BERLIN Sweden's Northvolt said on Friday it will invest several billion euros

The Commerce Department is launching the application process for cities to receive a total of $500 million in grants to become technology hubs

Elon Musk on Thursday said he's found a new CEO to take over Twitter, months after he first promised to step back from the role.

Oppo, China’s biggest domestic smartphone maker, is closing its chip design business as the global smartphone market extends

Pakistan’s financial platform Abhi has raised the first-ever Sukuk bond for a fintech firm in the region, opening