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Category Archives: Elon Musk

Linda Yaccarino’s right-hand man out at X as global operations chief reportedly given the sack – Fortune

Posted: June 24, 2024 at 4:54 pm

Working for Elon Musk can be the very definition of precarious employment. The entire Tesla Supercharger staff found that out the hard way when they were collectivelygiven the sackwith little explanation.

Now its Joe Benarrochs turn. The former head of global business operations for Xpersonally hired by CEO Linda Yaccarino just days into her jobis out after barely more than a year, according to hisprofileon LinkedIn.

And the former NBCUniversal global advertising chair could herself be in the crosshairs, according to a report by theFinancial Timeson Sunday.Citinganonymous informed sources, the FT wrote that Yaccarino felt pressured to shake up her management team, firing Benarroch for allegedly failing to properly flag clients in advance that X would soon permit the consensual sharing of porn, citing three sources at the company.(Pornography has long been present on Twitter, but it was not officially permitted previously.)

While Benarrochs reported blindsiding of clients could clearly have negative effects, Musk himself has also provided reasons for them to feel confused. Musk attempted to lure popular streamers away from Twitch by shaming the Amazon-owned rival over its failure to police its own platform for adult content. Flip-flopping just weeks later to make porn officially permissible content was bound to be controversial.

When approached byFortunefor comment, X replied with the automated statement, Busy now, please check back later. Benarroch did not respond on X to a request for comment.

Musks social media platform has labored under heavy losses ever since he added $1 billion in annual interest to its cost base in order to fund his $44 billion acquisition in late October 2022.

While X remains a privately owned company, its problems potentially threaten to spill over to Tesla, as the EV manufacturer is the main source of wealth for Musk and share sales have been used to finance his Twitter endeavor. Tesla stock is down 50% since Musks interest in the social media platform became public in April 2022.

In September, Yaccarino suggested X could actually turn a profit in early 2024. But an investigation by a nonprofit showing evidence that X hadplaced ads next to pro-Nazi postssubsequently triggered an exodus of advertisers from companies like Disney and ignited fresh worries over a possible financial collapse. Instead of diplomacy, Musk opted to go on the attack, threatening to name and shame advertisers in the event of Xs bankruptcy.

Musk appears unsatisfied with the pace of improvement at X and recentlytappedhis Boring Co. CEO Steve Davis to have a closer look at its cost base in what Yaccarino confidants told the FT was a direct challenge to her authority.

Yaccarino herself has faced constant speculation she is little more than apuppet CEOinstalled totake the heat off Musks management of the company and, when necessary,fall on any grenadesfor the centibillionaire.

When she opened up last week about her difficulties in overcomingimpostor syndromethe feeling that one hasnt truly earned their status and positionshe was asked what was the best message she had ever received from him.

Rather than cite an example of how he builds her up or encourages her to achieve her best, the first thing that came to Yaccarinos mind was the day Musk announcedher hirenot anything that happened in the 13 months since.

Yaccarinos room to maneuver already was limited amid the ongoing losses, and now she has to bear the blame for having personally vouched for Benarroch, her former aide, in the first place.

Unless Yaccarino can better tap into her extensive Rolodex to lure back her contacts in the ad industry, Benarroch may not be the only former NBCUniversal executive to find themselves updating their LinkedIn profile.

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Musk Says Dell, Super Micro Computer Will Provide Hardware for His AI Startup – Investopedia

Posted: at 4:54 pm

Key Takeaways

Shares of Dell Technologies (DELL) and Super Micro Computer (SMCI), also known as Supermicro, rose in intraday trading Thursday after Elon Musk announced that the two tech firms would be developing hardware for his xAI artificial intelligence (AI) startup.

Musk posted on X Wednesday that Dell is assembling half of the racks that are going into the supercomputer that xAI is building. He also mentioned Supermicros involvement.

Earlier Wednesday, Dell Chief Executive Officer (CEO) Michael Dell had posted on X that his company was creating an AI factory with Nvidia (NVDA) to power xAIs Grok chatbot.

Musk launched Grok in November as a challenge to OpenAIs chatbot, ChatGPT. He also sued the Microsoft-backed firm and CEO Sam Altman in March, claiming they violated OpenAIs founding mission "to ensure that artificial general intelligence benefits all of humanity," although he dropped the lawsuit last week.

As of 11:38 a.m. ET Thursday, shares of Dell were up 2.4% to $152.69, Super Micro Computer gained 7.5% to $989.00, and Nvidia rose 2.4% to $138.80 after the AI chipmaker Tuesday overtookMicrosoft (MSFT) to become the worlds most valuable company.

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Elon Musk welcomed third child with Shivon Zilis earlier this year: report – Page Six

Posted: at 4:54 pm

Congratulations may be in order for Elon Musk.

According to Bloomberg, the billionaire allegedly welcomed his third child with top Neuralink executive Shivon Zilis earlier this year, bringing his brood to 12.

The babys name and sex are not yet clear.

Zilis declined to comment and Musk didnt get back to the outlet.

Similarly, Reps for the X CEO did not immediately respond to Page Sixs request for comment.

The 52-year-old Tesla mogul previously welcomed twins Strider and Azure with Zilis, 38, in November 2021.

The tots arrival came just one month before the birth of daughter Exa Dark Siderl, aka Y, whom he and then-partner Grimes welcomed via surrogate.

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When Page Six congratulated him on the arrival of the twins in July 2022, Musk replied, Bravo to big families.

He then told he us wants as many [kids] as I am able to spend time with and be a good father.

Musk repeated the sentiment in 2022 when he tweeted, A collapsing birth rate is the biggest danger civilization faces, by far.

Musk also shares sons Techno Mechanicus and X AE A-XII with ex Grimes, 36, who is suing him over parental rights to their three children.

Despite the messy custody battle, the SpaceX founder took his 4-year-old son to the Super Bowl in Las Vegas, the Tesla plant in Germany and, most recently, the Cannes Lions Festival in France.

The controversial businessman also shares twins Griffin and Vivian, who were born in 2004, and triplets Kai, Saxon and Damian, who arrived in 2006, with ex-wife Justine Musk. (The former couples eldest child, Nevada, died at 10 weeks of sudden infant death syndrome, or SIDS, in 2002.)

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Swizz Beatz and Timbaland Strike Verzuz Deal With Elon Musk’s X – Variety

Posted: at 4:54 pm

Verzuz, the online platform launched during the pandemic by Swizz BeatzandTimbaland, has struck a distribution partnership with Elon Musks X. The pair made the announcement during Cannes Lions conference in France on Wednesday.

Earlier in the year, Swizz and Timbaland reacquired Verzuz from their previous partner Triller and now own 100% of the platform, while retaining their equity (along with the artists who participated in Verzuz) in Triller, according to the announcement. Under the terms of the new deal, the pair maintain their full ownership and creative control of the platform while X receives exclusive distribution rights. The company estimates it will now broadcast to an audience of over 550 million active users, expanding its viewership and international reach. Viewers will now be able to watch for free exclusively on X.

Verzuz was launched in 2020 during the early days of the pandemic as a way of connecting music fans by bringing rap or DJ battles to the internet. Beginning with Swizz and Timbaland, the platform quickly gained popularity by matching up Babyface vs. Teddy Riley, Nelly vs. Ludacris, Boi-1da vs. Hit-Boy, T-Pain vs. Lil Jon, RZA vs. DJ Premiere, Erykah Badu vs. Jill Scott, Alicia Keys vs. John Legend, DMX vs. Snoop Dogg, and even Patti Labelle vs. Gladys Knight and Brand vs. Monica. It has produced over 40 episodes, generating 100 million-plus live views and over 70 billion impressions, according to the announcement. The company was sold to Triller in 2021 but became mired in legal disputes and has since been reaquired by Swizz and Timbaland.

The announcement says the next Verzuz matchup will be scheduled soon.

Swizz stated, We are beyond thrilled to have found the best partner for Verzuz. Not only are we excited to have Verzuz on X, were excited to help X build the biggest entertainment company in the world. I would like to thank Elon Musk, Linda Yaccarino, Brett Weitz, Mitchell Smith and the entire X team for believing in the Verzuz vision. We cant wait to get to work.

Timbaland added, We are thrilled to partner with X, the most innovative platform globally. Our goal has always been to bring Verzuz to the world which we can now do bigger than ever.

Linda Yaccarino stated, X is so proud to partner with trailblazing creators, artists, and entrepreneurs Swizz Beatz & Timbaland. Our platform stands at the forefront of innovation, and Verzuz defines the essence of an innovative content experience. As we continue to work with the most exciting voices to bring premium content to X, there is no better fit than this series. Together we will redefine how consumers engage with their favorite entertainment, one Verzuz at a time.

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Elon Musk claims Tesla’s new AI supercluster will grow to over 500 MW, record AI chip – Electrek.co

Posted: at 4:54 pm

Elon Musk claims Teslas new AI supercluster will grow to over 500 MW, making it one of, if not the biggest in the world. At the same time, the CEO claims Tesla is achieving some record-breaking performance with its next-en AI chip.

A few months ago, we reported that Tesla was having issues building a new expansion at Gigafactory Texas to house a new giant supercomputer to train Teslas AI.

At the time, we heard that Tesla was aiming for a 100 MW cluster to be ready by August. Musk canceled other projects at Tesla to focus construction resources on the expansion.

Commenting on drone videos of the expansion, Musk said that it will grow to over 500 MW over the next 18 months:

Sizing for ~130MW of power & cooling this year, but will increase to >500MW over next 18 months or so. Aiming for about half Tesla AI hardware, half Nvidia/other. Play to win or dont play at all.

We previously noted that it was strange that Tesla was internally referring to the project as a Dojo project, which refers to Teslas own supercomputing hardware, but sources were also told that the cluster would use Nvidia compute power.

Now, Musk confirmed that Tesla plans to use both its own hardware and Nvidias, as well as other suppliers.

However, things are getting a little unclear as Musk seems to also imply that Tesla will use some of its HW4 computers for the training clusters:

HW4 generally refers to Teslas in-car computer with an in-house designed chip, while Dojo is used for training, like this new cluster.

Its unclear here if Musk is talking about using inference computing for training or just talking about Teslas overall planned computing power.

Elon had mentioned at Teslas shareholders meeting that the company now had Nvidia-level AI chips, but the stock didnt even move from that announcement as Nvidia became the most valuable company in the world.

I think Teslas AI effort is still not super credible for the market. That happens when you claim that you are about to achieve self-driving by the end of the year every year for the past 5 years.

At this point, we need to see Tesla make significant improvements to FSD with each new update. It sounded like this new cluster would help achieve that but Elon also recently said that Tesla was not compute-constrained for training right now, so its hard to really understand what is holding up improvements at this point.

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Elon Musk fathered a third child with Neuralink executive Shivon Zilis: report – New York Post

Posted: at 4:54 pm

Tesla CEO Elon Musk fathered a third child with an executive at Neuralink, his brain-chip implant company, according to a report.

Neuralink director Shivon Zilis had Musks child whose name was not released earlier this year, Bloomberg revealed Saturday.

The birth came after Musk revealed in 2022 that he and Zilis had twins, which were reportedly conceived through in vitro fertilization.

Musk, the worlds second richest man with some $200 billion, has fathered at least 12 children six of them in the past five years including three with Zillis and three with Canadian popstar Grimes, according to Bloomberg.

Musk has previously joked that hes Doing my best to help the underpopulation crisis, a problem he views as the biggest danger civilization faces.

On Thursday, Musk posted a chart claiming that Europe is suffering from a fertility crisis, saying Civilization may end with a bang or with a whimper (in adult diapers).

Hes long peddled the debunked theory that the world population is declining, Bloomberg noted.

The UN projects that, despite growth rates dropping globally, the world population will continue booming to reach 10 billion by the end of the century, according to the outlet.

The revelation comes as Musk has been accused by numerous female subordinates of sexual harassment and inappropriate behavior at his space exploration company, SpaceX.

Musk allegedly had a sexual relationship with an employee who started at the company as an intern and was then hired not long after she finished college before she called it off.

Musk also allegedly pursued relationships with other female subordinates at his rocket company including with one woman who was asked by the mogul to bear his children on several occasions, The Wall Street Journal reported.

The mogul also carried on a month-long sexual relationship with a third woman who reported to him directly at SpaceX before the two cut ties, according to the report.

Earlier this month, Eight former SpaceX engineers four men and four women filed a lawsuit against Musk alleging they were fired after raising concerns about harassment against women in the workplace.

The lawsuit claims Musks conduct fostered a pervasively sexist culture at SpaceX. Female engineers were regularly subject to harassment while their concerns were ignored, the suit alleges.

These actions had the foreseeable and actual result of offending, causing distress, and intruding upon plaintiffs wellbeing so as to disrupt their emotional tranquility in the workplace, the engineers stated in the lawsuit.

Musk couldnt immediately be reached for comment by The Post.

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Linda Yaccarino shares her biggest moment of imposter syndrome from her last year running Elon Musk’s X – Fortune

Posted: at 4:54 pm

The moment that most made Linda Yaccarino doubt that she belonged in her role as X CEOand ultimately helped her shed the nagging worryoccurred at January Senate hearings into child exploitation on social media platforms.

It was one of the most pivotal moments not just of last year but of my entire life, Yaccarino said Monday in a conversation with Shelley Zalis, founder and CEO of the Female Quotient, at this weeks Cannes Lions, the advertising worlds version of the Oscars.

Going into the hearings, Yaccarino said, she had only been at the company six months and therefore lacked what she called the depth of knowledge and tenure enjoyed by the four male counterparts from the likes of Meta and TikTok sitting beside her on the panel.

Im not an engineer, Im not a founder, and my natural kind of career-long upbringing was not in tech and social media, she said, describing a feeling of not belonging commonly known as Imposter Syndrome. And by the way, [I was] the only woman.

Yaccarino said she had been keen to share the work undertaken by X on her watch to better protect children on the platform, but worried she would be able to do so with confidence.

Ultimately, she says, what helped her do so was the preparation process, the data she had to back up her assertions, and the encouragement and support she received from the company.

That fueled me and fueled my confidence to be successful that day, said Yaccarino, who has regularly faced criticism shes apuppet CEOor really a glorified COO put in place to implement Musks ordersor has been set up by Musk totake the fallshould the company fail.

When asked by Zalis to highlight an example or two of the relationship she enjoys with Musk, Yaccarino cited the day the entrepreneur announced in May that he had hired a female CEO to run Twitter.

I think that was the best message I ever got of all time, she added.

At the time, Yaccarino and Musk had been discussing his vision of moving away from Twitter as a 140-character messaging service. Instead, it would pivot toward avideo-first platformofferingaudio callsandsoononline payments, allunder the banner of championingfree speech.

The scope of our ambition and the pace of the innovation at the company is like nothing I can describe to any of you. Its exhilarating, slightly exhausting, but it is an opportunity of a lifetime to watch it happening, said Yaccarino.

Counter to what many critics expected and indeed Musks own worst fears, X hasnot gone bankruptsince Musk wasforcedunder penalty of court tohonor in fullhis contract to buy Twitter for $44 billion.

Its survived a period when itreportedly refused to paycountlessbills, witnessed the proliferation ofimposter accounts,and eliminated the majority of its headcount (including even themost dedicated).

Yaccarino even managed to steer the company ahead after Musk told former advertisers like Disney to go f*** yourself, adding on Monday that in retrospect shed have taken the job again in a heartbeat.

But the transition into a more lucrative video-first platform has been slow despite every attempt by Musk to stream his Diablo IV video gaming live to followers.

When Musk urged popular Twitch streamers to switch to X by attacking his Amazon-owned rival for its failure to police its content, he waspromptly ridiculedover his own platformsinfestation of bots.

Days later, X announced its own change of courseand reworded its terms of service to specifically permit sharing content not safe for work. It subsequentlyeliminated any ability to see what posts users like.

In other words, Yaccarino and her team still have a lot of work to do if X is indeed to become theeverything app. Right now users only spend some 35 minutes a day on the platform, according to Yaccarino. While she believes that will only go up going forward once payments are rolled out starting in the U.S. market, that number is still far from the declared goal of users spending, in her words, most of their lives on the platform.

But her experience testifying alongside four peers on the issue of policing child grooming and sexual exploitation on social media helped boost her confidence to succeed in this task as well.Interviewer Zalis of the Female Quotient was quick to agree: If you actually watch the hearing, it was Linda and five [sic] dudesand she smoked em.

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Elon Musk claims ‘two homicidal maniacs’ have tried to kill him, compares himself to John Lennon – New York Post

Posted: at 4:54 pm

Two homicidal maniacs have threatened to kill Elon Musk in the past seven months, the Tesla CEO claimed at a recent shareholder meeting, while comparing himself to the slain Beatles legend John Lennon.

During the question and answer portion of the electric vehicle companys annual shareholders meeting last week, Musk said his high profile has put a target on his back just like Lennon.

An anonymous shareholder asked Musk what hes doing to make sure he stays healthy and safe, to which Musk acknowledged he should maybe start working out to avoid being assassinated.

I mean, it is getting a little crazy these days, Musk said. The probability that a homicidal maniac will try to kill you is proportionate to how many homicidal maniacs hear your name.

They hear my name a lot, so Im like, OK, Im on the list, you know, he chuckled.

Musk then revealed that Tesla actually did have two homicidal maniacs in the last roughly seven months come to aspirationally try to kill me, and a bunch of other people so its not just me.

And then there wasnt like an actual issue that they articulated, they were just in the homicidal maniac career, so I do need to be kind of careful, Musk said.

Musk said hes been forced to be a bit more standoffish as a result and has stopped signing things for fans who come up to him in public.

Musk then compared himself to Lennon who was notoriously shot and killed outside the Dakota Apartments in Manhattan in 1980 by Beatles superfan Mark David Chapman moments after Lennon signed an album for him.

I will endeavor to stay alive, Musk said.

The Post has reached out to Tesla for comments on Musks concerning remarks.

Also at the meeting, Tesla shareholders overwhelmingly voted to approve Muskscontroversial $56 billion pay package paving the way for the mogul to keep his focus on his biggest source of wealth.

The company is fighting to reverse Delaware Chancery Court Judge Kathaleen McCormicks decision in January to void the compensation plan, whichshe called an unfathomable sum.

Tesla shareholders also approved a resolution at the annual meeting to change the companys state of incorporation to Texas from Delaware. Nearly 90% voted in favor of the move.

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Love Actually’s Thomas Brodie-Sangster Marries Talulah Riley, Elon Musk’s Ex-Wife – TooFab

Posted: at 4:54 pm

Love Actually's Thomas Brodie-Sangster is married, proving that "love [actually] is all around."

The 34-year-old, who stole our hearts as Sam -- the young hopeless romantic opposite Liam Neeson -- in the iconic 2003 Christmas film, tied the knot with Talulah Riley after two years of dating.

The pair walked down the aisle on Saturday, June 22 in the English Village of Antsey in Hertfordshire, The Sun reported.

The 38-year-old bride wore a classic white gown with a full skirt and thin straps while the groom went a little more untraditional with a blue suit jacket, floral vest and grey pinstriped trousers. They met on the set of Disney+'s Sex Pistols drama Pistol in March 2021.

Riley was previously married to Tesla billionaire Elon Musk twice -- first from 2010 to 2012, and then from 2013 to 2016 -- the duo still remain friends with Musk even congratulating his ex-wife when she and Brodie-Sangster got engaged last year.

To announce her engagement to The Maze Runner star, Riley shared a selfie alongside the tweet, "Very happy to share that after two years of dating, Thomas Brodie Sangster and I are engaged!" Musk then replied to her announcement, tweeting: "Congratulations!" He also added a red heart emoji.

Meanwhile, Brodie-Sangster took to Instagram, sharing a photo of the pair on a gondola with the caption referencing Love Actually. "Happy to announce that Talulah and I are engaged. Love is all around X."

Waiting for your permission to load the Instagram Media.

Brodie-Sangster and Riley made their red carpet debut as a couple at the 2022 British Academy Film Awards Gala Dinner.

They have largely maintained a private relationship, rarely sharing details to their followers. However, Riley did open up about how she fell in love with Brodie-Sangster in an interview with The Times in May 2022.

"We hadn't really acknowledged each other as a romantic possibility or potential until the moment that we both did," she told the publication at the time.

"And it was the same moment a number of months after having worked together and being good friends."

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Elon Musk walks back ‘go f yourself’ comments to X advertisers – Quartz

Posted: at 4:54 pm

Photo: Apu Gomes (Getty Images )

Elon Musk attempted to temper his infamous go f yourself comments to X advertisers on Wednesday as he tries to win back companies fleeing the platform.

The Fed needs to start cutting rates now, strategist says

Musk, who leveled the expletive last year at corporations he claimed were trying to censor and blackmail him with advertising deals, struck a different tone in his comments at the Cannes Lions advertising festival in France. The CEO insisted his F you to advertisers wasnt meant to be taken so generally.

It wasnt to advertisers as a whole, Musk said, according to CNBC. It was with respect to freedom of speech, I think it is important to have a global free speech platform, where people from a wider range of opinions can voice their views.

The X boss claimed that some companies demanded he censor certain groups on the platform in exchange for their ad money.

At the end of the day if we have to make a choice between censorship and losing money, [or] censorship and money, or free speech and losing money, were going to choose the second, he said, CNBC reports. Were going to support free speech rather than agree to be censored for money which I think is the right moral decision.

Musks commitment to free speech on the platform has come under significant fire, with many groups saying it has been a false justification to allow hate to flourish on the platform. The White House chastised Musk in November for supporting antisemitic and racist hate after he agreed with a post claiming that Jewish communities were encouraging hatred of whites. He later apologized for the comments.

Musk said Wednesday that advertisers have a right to appear next to content they find compatible with their brands, but added that it is not cool when they demand that there can be no content that they disagree with on the platforms.

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