WSJ Tech News Briefing TNB Tech Minute: Linda Yaccarino Steps Down as CEO of X
6 snips
Jul 9, 2025 In this edition, the tech world faces a shake-up as Linda Yaccarino steps down from her role at X. Meanwhile, Nvidia makes headlines for becoming the first-ever $4 trillion company. On a different note, Duolingo struggles with user engagement in the U.S., raising concerns about its future amid rising AI competition. Tune in for insights on these pivotal shifts!
AI Snips
Chapters
Transcript
Episode notes
Linda Yaccarino Steps Down as CEO of Elon Musk's X Amid AI Company Merger
Linda Yaccarino is stepping down as CEO of Elon Musk's social media platform X after the merger of Musk's companies XAI and X. This merger transformed the social media platform into a broader AI-focused company. Investor interest shifted towards the high-growth potential of AI, overshadowing the tighter-margin social media business that Yaccarino managed.
Her future had been uncertain for months before the announcement, and she has not yet responded to requests for comment. This change reflects the increasing prioritization of AI in the tech industry.
Yaccarino Steps Down After Merger
- Linda Yaccarino stepped down as CEO of Elon Musk's social media platform X after Musk merged X with his AI company XAI. - Investors shifted focus from social media growth to AI's high potential in the merged company.
Nvidia Hits $4 Trillion Valuation
- Nvidia became the first company in the world to be valued at $4 trillion, driven by AI chip demand. - Its market cap now equals the combined value of the 216 smallest S&P 500 companies.