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News on Medial
Elon Musk’s new hire has an impossible job
Livemint
·
10m ago
Medial
Angela Zepeda, former CMO of Hyundai, has been appointed as the new global head of marketing for X, the social media platform owned by Elon Musk. Zepeda's task is to rehabilitate X's reputation and attract advertisers and users back to the platform, with many major advertisers having departed or reduced spending due to concerns about controversial content. Zepeda has a close relationship with X CEO Linda Yaccarino, and her successful track record at Hyundai, including brand overhauls and celebrity endorsements, could prove valuable for X's repositioning efforts.
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Elon Musk’s xAI testing free version of chatbox Grok on X
Economic Times
·
8m ago
Medial
Elon Musk's AI company, xAI, is testing a free trial of its chatbot, Grok, in select regions including New Zealand. Currently, Grok is only available to xAI Premium subscribers who can make a limited number of queries. The chatbot also allows users to analyze images with a daily restriction. xAI has also announced plans to hire bilingual tutors in Hindi and English in India. The company faces competition from other AI models such as ChatGPT, Claude, Gemini, Perplexity, and Copilot. xAI is reportedly in talks with investors for a funding round that could value the company at $40 billion.
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Elon Musk’s introduction to politics | TechCrunch
TechCrunch
·
2m ago
Medial
Elon Musk has become heavily involved in politics, aligning with Republicans to address government waste. However, he is frustrated with a new Congressional bill that impacts Tesla adversely, describing it as a "disgusting abomination." The bill proposes ending the EV tax credit in 2026 and restricts solar tax credits, threatening Tesla's energy and automotive divisions. Musk's alignment with politics hasn't shielded Tesla from policies affecting clean energy and electric vehicles.
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Elon Musk’s computer coup
The Verge
·
5m ago
Medial
On The Vergecast, David Pierce discusses Elon Musk’s influence over US government systems, analyzing the risks and implications. The episode also covers tariff issues affecting tech products, highlighting potential price hikes and distribution challenges. Additionally, it explores changes in the streaming industry, including Fox’s new service and Disney’s cable strategy. Lastly, the hosts delve into Sonos's upcoming products, FCC controversies, and OpenAI's branding updates. The discussion encompasses technology, politics, and media shifts.
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OpenAI apparently hasn’t actually received Elon Musk’s acquisition offer.
The Verge
·
5m ago
Medial
Elon Musk proposed acquiring OpenAI for $97.4 billion, but OpenAI's board, including Sam Altman, has not received an official offer. The board plans to reject the bid if it materializes, as per unnamed sources. OpenAI employees reportedly reacted to the news with fear and exasperation.
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Recruitment Marketing – How To Attract The Right Talent
Inc42
·
9m ago
Medial
Hiring managers struggle to find skilled candidates, and recruiters face the challenge of hiring desired candidates before competitors. An effective employer branding strategy can reduce the average cost per hire significantly. Candidates generally spend around 49.7 seconds scanning job listings to determine suitability.
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X launches ‘job hiring feature’ to challenge LinkedIn in professional networking
Livemint
·
1y ago
Medial
Elon Musk's microblogging platform 'X' (formerly Twitter) has introduced a job-hiring feature for verified organizations to post job listings on their profiles. This move aims to help companies find suitable candidates. The Hiring Beta feature, available for verified organizations, comes with a monthly fee of $1,000. While not an immediate challenge to LinkedIn, this step aligns with X's expansion goals. Under Musk's leadership, X has undergone several changes, and this new feature underscores its transition into a comprehensive platform.
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When will Elon Musk’s driverless car claims have credibility?
Livemint
·
1y ago
Medial
Elon Musk is set to reveal Tesla's long-promised robotaxi in August, prioritizing this project over the development of a low-price consumer car intended for human drivers. However, experts argue that true self-driving capability will only be achieved when Tesla takes liability for crashes that occur under its vehicles' control. Musk's ambitious vision of an autonomous fleet being deployed as on-demand taxis is contingent on the success of Tesla's Full Self-Driving system. Despite concerns over Tesla's delivery numbers and tapering growth, some investors believe the latest version of the system should generate new revenue and enthusiasm.
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Elon Musk’s X is especially vulnerable to an ad boycott
Livemint
·
1y ago
Medial
Elon Musk has responded boldly to firms pulling ads from X, the social network he owns. Concerns over unsavoury content on the platform have prompted advertisers like Apple and Disney to withdraw their ads. Since Musk fired a significant portion of X's staff, more problematic content has been surfacing. The social network, which heavily relies on ads for revenue, is now facing a significant decline in sales and download rates. To make up for the loss, X is exploring new ways to attract smaller advertisers and considering a premium subscription model.
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Paraform raises $3.6M seed round to connect startups with recruiter networks
TechCrunch
·
1y ago
Medial
Recruitment platform, Paraform, has raised $3.6m in a seed funding round led by A*. The platform offers opportunities for independent recruiters who were laid off during the wave of tech layoffs in 2022 and 2023. Paraform charges a listing fee and a success fee for job postings and has onboarded over 100 new customers since its pre-seed raise in 2023. The new funding will be used to expand across the US, hire more staff and enter new markets. The startup also plans to expand its platform to cater to roles beyond software engineering and go-to-market jobs.
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The once-dominant rocket maker trying to catch up to Musk’s SpaceX
Livemint
·
1y ago
Medial
United Launch Alliance (ULA), a joint venture between Boeing and Lockheed Martin, is facing challenges as SpaceX, led by Elon Musk, takes over as the chief partner to the US military for space missions. ULA is striving to reclaim its position by addressing delays in its new Vulcan Centaur rocket. However, its struggles have led to lost business and drawn scrutiny from the Pentagon and Congress. ULA is ramping up production and undergoing an outside review, but lawmakers are pushing for more competition in the rocket launch industry.
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