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The Latest Breaking News from Jason Calacanis

X CEO Yaccarino Splits With Elon Musk After Two Years, Says 'Best Is Yet To Come' For Social Platform

Linda Yaccarino is moving on from social media platform X, two years after joining the company, which is owned by billionaire Elon Musk.

Benzinga

Chamath Palihapitiya Shrugs Off Dollar's 11% Slide In Worst Half-Century Drop, Says 'Decay Continues' Without Total Collapse

Billionaire venture capitalist Chamath Palihapitiya believes a long-term decline of the U.S. dollar is not an existential concern for America, despite the currency’s worst first-half performance in over 50 years.

Benzinga

From Content to Infrastructure: Suvir Wadhwa Is Leading the New Era of IRL Creator Empowerment

Flite's internal ethos is clear: obsess over user experience, stay fast on execution, and don't build in isolation.

International Business Times

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‘I don’t have time for anything’: A Gen Zer’s horror at the 10-hour day required to commute to an office for her first job goes viral

She noted remote work would solve her problem, as would affordable rent closer to her office, but some critics pounced.

Fortune

Washington tries to contain chaos from Silicon Valley Bank’s failure

Analysts say there is little chance of a wider banking crisis after the failure of Silicon Valley Bank, as the banking system is well-capitalized and passed stress testing.

Chicago Sun-Times

Your boss might be hoping you quit because it’s easier and cheaper than firing you

Federal Reserve officials explained in January’s "Beige Book" that many companies are planning to "reduce headcount through attrition," instead of opting for layoffs to save costs.

Fortune

Mark Cuban says the success of A.I. like ChatGPT will all come down to asking the right questions: ‘We are just in its infancy’

The billionaire investor thinks asking A.I. tools the right questions will be a key skill, while others think it'll become a new profession—or a whole new form of art.

Fortune

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Tech giants are shedding workers and real estate. Employees-turned-entrepreneurs could win big—and snag sweet offices

“Laid-off tech workers who choose to take control of their destiny and start companies” will be the year's big winners, predicts Jason Calacanis.

Fortune

Elon Musk's buddies in Silicon Valley are predicting he will emerge laughing from his year of record-breaking wealth destruction

The Twitter and Tesla CEO will get "complete financial flexibility" this year, predicts VC Chamath Palihapitiya.

Fortune

Musk will resign as Twitter CEO and focus on engineering teams

Elon Musk confirmed he will step down as chief executive officer of Twitter Inc. after finding a successor, though he plans to retain control over the company’s engineering teams.

Tribune News Service

What we know about Elon Musk’s week and what’s in store for Twitter

After being spotted relaxed at the World Cup with Jared Kushner, the Tesla CEO lost an online poll on whether he should stay on as Twitter boss

The Guardian - UK

Twitter suspends the accounts tracking Musk’s jet and the man behind it

Twitter Inc. has suspended multiple accounts that track the locations of private jets using publicly available flight data, including one that followed the plane of the company’s owner, Elon Musk.

Tribune News Service

Elon Musk’s Twitter Is a Shakespearean Psychodrama Set in Silicon Valley

He’s ruling his newest acquisition the way he rules the rest of his empire: impulsively, erratically, vindictively, loudly. It really doesn’t need to be this way.

Businessweek

Musk’s Twitter fix-it team fades out as billionaire says transition is almost done

Elon Musk told a court in Delaware on Wednesday that his reorganization of Twitter Inc. is almost done, and he’ll spend less time on the company by the end of next week. The team of lieutenants he assembled to help with the transition is already inching toward the door.

Tribune News Service

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Evening Standard

From David Sacks to Jason Calacanis - here are the key players inside Elon Musk’s inner circle

Reports of Elon Musk plotting with an ‘inner circle’ over plans for Twitter have been circulating for days. Maddy Mussen finds out who those people actually are

Bangkok Post

Musk Hints at $8 a Month for Verified Twitter Accounts

Elon Musk is looking to quickly boost Twitter Inc.'s revenue by embracing subscriptions, aiming to make the social-media company less dependent on digital ads as Madison Avenue signals a cautious stance toward the site after the billionaire's takeover.

The Guardian - US

Musk proposes charging $8 for verified Twitter account despite user backlash

The new owner justified the measure saying ‘we need to pay the bills somehow’

Asharq Al-Awsat

Musk Tests Waters on Paid Verification for Twitter Accounts

Billionaire Elon Musk is already floating major changes for Twitter as he begins his first week as owner of the social-media platform. A venture capitalist working with Musk tweeted a poll asking how much users would be willing to pay for the blue check mark that Twitter has historically used…

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The Independent UK

Musk tests waters on paid verification for Twitter accounts

Billionaire Elon Musk is already floating major changes for Twitter as he begins his first week as owner of the social-media platform

Axios

Musk brings in allies to start making changes at Twitter

Friday evening, shortly after Musk completed the sale, the garage at Twitter's headquarters began filling with Teslas in the reserved spots, parked in a row.

Tribune News Service

Ten things Elon Musk's texts reveal about the Twitter deal

A new trove of text messages between Elon Musk and Twitter Inc. executives, close friends, potential investors and Silicon Valley bros sheds light on how a $44 billion deal by the world’s richest person to buy the social media company came about — and ended up in court.

Benzinga

Musk Friends And Billionaires Top Twitter's Subpoena In Latest Trial Twist: Palihapitiya, Palantir Founder Among Targets

A new subpoena from Twitter Inc (NYSE: TWTR) is requesting information from friends of Elon Musk in the battle between the social media platform and Tesla Inc (NASDAQ: TSLA) over a proposed $44 billion

People

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