Fintech

5 things to know about new Twitter CEO Linda Yaccarino

Elon Musk on Friday unveiled Linda Yaccarino as the new head of Twitter, the social media app he purchased from the founders in April 2022. After a series of live trials and errors on the app, Elon Musk on Thursday hinted that he had hired a Chief Executive Officer while he becomes the “exec chair & CTO, overseeing product, software & sysops.” Here are five things to know about the new…
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Technology

Tesla CEO Elon Musk acquires 9.2% stake in Twitter

Tesla CEO Elon Musk has acquired a 9.2 per cent stake in Twitter, making him its largest shareholder. Mr Musk owns 73,486,938 shares of Twitter, which represents a 9.2 per cent stake in the company, according to the US Securities and Exchange Commission (SEC)13G filing released on Monday. The stake is worth $2.89 billion, based on Twitter’s closing price Friday. The announcement raised…
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