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MBA is not what impresses Elon Musk. Check these 6 steps to get hired by X CEO | Mint

Livemint

Livemint · 1y ago

MBA is not what impresses Elon Musk. Check these 6 steps to get hired by X CEO | Mint

Entrepreneur Elon Musk has expressed his skepticism towards MBAs, stating that he hires people in spite of an MBA, not because of one. He believes that too many MBAs are running companies and getting caught up in spreadsheets, losing sight of creating innovative products and services. Musk advises leaders to get involved in the day-to-day activities and demonstrate care and passion. To be hired by Musk, applicants should apply through X's job board, describe exceptional work, undergo interviews and technical screenings.

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Perplexity's Indian CEO says 'I must get green card', Musk agrees

Inshorts · 8m ago

Perplexity's Indian CEO says 'I must get green card', Musk agrees

US-based Perplexity AI's Indian-origin CEO Aravind Srinivas posted on X saying, "I think I should get a green card" in the US and asked users what they think about it. Replying to Srinivas' post, X CEO Elon Musk said, "Yes." Srinivas had said in October that he has been waiting for his green card for three years.

‘Parasitic illegal immigrant': Former Trump aide Steve Bannon on Elon Musk

Business Today

Business Today · 6m ago

‘Parasitic illegal immigrant': Former Trump aide Steve Bannon on Elon Musk

Steve Bannon labeled Elon Musk as a "parasitic illegal immigrant," which has been largely ignored by Musk. However, Musk recently responded to Bannon's attacks on X, previously known as Twitter, with a dismissive remark: "Bannon is a great talker, but not a great doer. What did he get done this week? Nothing." Meanwhile, Mark Zuckerberg has defended the decision not to suspend Steve Bannon's Facebook account despite Bannon's controversial statements.

Parag Agrawal was not 'fire-breathing dragon' that X required: Elon Musk

Livemint

Livemint · 1y ago

Parag Agrawal was not 'fire-breathing dragon' that X required: Elon Musk

With over a year later, after Elon Musk took over the social media platform X(formerly Twitter), Walter Isaacson who wrote the biography "ELon Musk" and will be published on 12 September has given a detailed account on why Elon Musk sacked Parag Agrawal, the then Twitter CEO.In an excerpt carried out by The Wall Street Journal , Musk who had a meeting with Parag Agrawal said he was a "really nice guy." "What Twitter needs is a fire-breathing dragon," Elon Musk said after that meeting, as per biographer Isaacson. "And Parag is not that." Elon Musk met Parag Agrawalover a dinner in March 2022, according to the biographer.

Elon Musk admits he 'may have done more to financially impair' X than to help it

Business Insider

Business Insider · 1y ago

Elon Musk admits he 'may have done more to financially impair' X than to help it

Elon Musk has admitted that his social media posts may have negatively impacted the financial performance of his company, X. Musk made these comments during a deposition for a lawsuit against him, addressing concerns about his posting habits and their effects on X's bottom line. Musk acknowledged that his posts were guided by what he found interesting or important, rather than what was financially beneficial. Since Musk acquired Twitter in 2022, the company has reportedly lost major advertisers and faced criticism for controversial posts, leading to a surge in hate speech and antisemitism. There are also signs that investors view X as having decreased in value.

Musk's X taps former Tubi executive Banki as CFO

Economic Times

Economic Times · 9m ago

Musk's X taps former Tubi executive Banki as CFO

Elon Musk's X Corp has hired former Tubi executive Mahmoud Reza Banki as its CFO, signaling a shift in focus for the social media platform. Banki joined X in November, having previously served as the finance chief at Tubi for six years. X has been making efforts to attract advertisers amidst growing competition from social media giants like Meta Platforms. Banki's appointment suggests a potential emphasis on video content for X. Last year, Musk appointed Linda Yaccarino as CEO in an attempt to revive the company's ad revenue.

Elon Musk plans to charge new X users, here's why

Livemint

Livemint · 1y ago

Elon Musk plans to charge new X users, here's why

Elon Musk plans to implement a small fee for new users on the microblogging site X to combat the issue of bots. Musk believes that this fee will help prevent an influx of bots, as current AI technology can easily bypass CAPTCHA tests. He mentioned that after three months, new users will be able to post for free. The exact fee amount has not been disclosed yet, but in October 2023, X charged $1 per year for new unverified users in New Zealand and the Philippines. Musk has expressed his concerns about AI bots in the past and is actively taking steps to address the issue.

Disney, Comcast increase US ad spending on Instagram after dropping Elon Musk's X

Economic Times

Economic Times · 1y ago

Disney, Comcast increase US ad spending on Instagram after dropping Elon Musk's X

Disney and Comcast have increased their advertising spending on Instagram after pulling commercials from Elon Musk's social media platform, X, due to antisemitic content. Sensor Tower data shows that Disney increased its spending on Instagram by 40% and Comcast by about 6% in the two weeks following the pause on X. Paramount also tripled its spending on Snapchat. This highlights the challenge faced by Musk as advertisers abandon X after he endorsed an antisemitic post. Sensor Tower data reveals that 51 of the top 100 U.S. advertisers on X have stopped ad spending on the platform since Musk acquired it.

I'll make X the centre of people's financial lives: Elon Musk tells staff

Economic Times

Economic Times · 1y ago

I'll make X the centre of people's financial lives: Elon Musk tells staff

Elon Musk, CEO of Tesla and SpaceX, has stated in an internal email to staff that he aims to make "X" the center of people's financial lives. The email comes after the announcement of a partnership between Tesla and CME Group to offer futures contracts based on Musk's tweets. Musk's vision, however, remains unclear as he did not provide further details on what "X" signifies.

Elon Musk auctioning Twitter items after rebranding as 'X'

Startup News FYI

Startup News FYI · 2y ago

Elon Musk auctioning Twitter items after rebranding as 'X'

Just weeks after Twitter's rebranding as 'X', Elon Musk has initiated an auction of various items from the company, as reported by BBC.com. After rebranding as "X," Elon Musk is auctioning Twitter-related items. The tech mogul is selling his first tweet, digital collectibles, and other Twitter-themed merchandise.

X experiences disruptions, users report ’posts aren’t loading right now’ error | Mint

Livemint

Livemint · 1y ago

X experiences disruptions, users report ’posts aren’t loading right now’ error | Mint

On August 28, X (formerly known as Twitter) experienced a widespread disruption, with users encountering issues accessing content. The outage primarily affected users in the United States, Canada, and the UK. This is not the first time X has faced technical difficulties since being acquired by Elon Musk in 2022. Users reported receiving error messages, but service was eventually restored, and the platform returned to normal functioning.

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