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Twitter’s edit button is actual, layoffs at Snap and information on feminine CEOs


There aren't enough female CEOs

A retired Louisville Metro Police Division officer is utilizing TikTok to assist present aid to flood victims in japanese Kentucky, WLKY reported. After seeing that the hearth and police departments in Taylorsville, Kentucky, have been planning to ship provides to flood victims, Michael Arterburn put his social media following to good use. 

Arterburn, whose movies provide common security recommendation, has nearly a million followers on TikTok. After establishing an Amazon Wishlist asking for mops, sponges, rubber gloves and different cleansing provides, he turned to his viewers for donations. Inside three days, greater than 400 packing containers of provides arrived. It’s not simply folks in the USA who’ve bought provides, both. Arterburn stated folks in Australia and Europe have additionally made donations. 

@purepower34 #greenscreen Kentucky Flood Aid #WeStickTogether #momsoftiktok #MickeyFriendsStayTrue #dadsoftiktok #kidssafety #police @Killer Bee Tactical, LLC ♬ Emotional Piano for the Soul (Inspirational Background Music) – Fearless Motivation Instrumentals

It’s an excellent reminder that social media content material doesn’t at all times need to make an announcement or be humorous. It may also be used to make a distinction. As Arterburn instructed WLKY, “If I’m blessed with a platform like this, I gotta attempt to do some good.” 

Listed below are in the present day’s different prime tales:

Twitter is lastly letting customers edit their tweets

For years, Twitter co-founder Jack Dorsey stated the app was unlikely to ever embrace modifying. However on April 1, 2022, the corporate introduced it was engaged on an edit button. Despite the fact that the tweet was posted on April Idiot’s Day, Twitter wasn’t taking part in. In accordance with a tweet posted by programmer and famous tipster Alessando Paluzzi, it seems that preliminary testing of the edit function will quickly be accessible to Twitter Blue subscribers. 

Twitter Blue launched final yr and affords unique options like customized navigation and “undo tweet” for $2.99 per 30 days. Nonetheless, Twitter does have plans to up the price of Twitter Blue to $4.99 per 30 days, maybe in anticipation of tweet modifying. Whereas not a lot is understood how the function shall be carried out, it’s an enormous step for Twitter. Along with Dorsey’s statements about modifying, a 2021 viral tweet from Twitter itself stated, “you don’t want an edit button, you simply have to forgive your self.” 

 

 

Why this issues: The choice to edit tweets might give folks, from journalists to politicians to manufacturers, the chance to repair a typo or right misinformation. The function can also make it simpler for trolls or malicious actors to get away with posting threatening tweets earlier than modifying them. It is going to be fascinating to see if Twitter decides to supply the modifying function to a wider viewers, or if it’s going to solely be accessible to Twitter Blue customers. 

MEASURED THOUGHTS

Ladies run simply 4.8% of the businesses included on the 2022 World 500 record. Whereas it’s nonetheless an extremely low proportion, Fortune factors out that the statistic represents an all-time excessive for girls’s management. Fortune’s information goes again to 2014, when 17 World 500 companies have been led by girls CEOs. That quantity dropped to 12 in 2016 and 2018, earlier than reaching this yr’s excessive of 24. 

Female CEOs

The best-ranking firm to be run by a lady is CVS Well being. Different women-led companies embrace Normal Motors, Greatest Purchase and Progressive. Fortune did level out that solely a handful of girls CEOs are girls of colour. (The truth is, solely two Latinas have been CEO of a Fortune 500 firm.) Whereas these numbers replicate barely any progress for girls CEOs over the previous yr, research present that having girls serve on a board or maintain a C-suite place can improve an organization’s general variety

Snap plans to put off a few of its staff

In accordance with The Verge, Snapchat’s guardian firm, Snap, plans to put off a few of its staff. At present, it’s unclear what number of of Snap’s 6,000-plus staff shall be laid off, as managers are nonetheless assessing their groups. 

The deliberate cuts come after Snap reported a $422 million loss in Q2 — information that brought on its inventory worth to fall 25%. Though the app has greater than 347 million each day customers, it’s struggled to construct a big advert enterprise. In April 2021, Apple launched its “Ask App To not Monitor” immediate. Numerous iPhone customers opted “sure,” which made it tougher for firms like Snap to inform when their advertisements have been working. 

Snap isn’t the one firm that has needed to make cuts. Larger rates of interest, inflation and a worldwide financial downtown have rattled tech firms. Greater than 30,000 tech staff misplaced their jobs in July, and firms like Coinbase, Google, Oracle, TikTok and Twitter have both paused hiring or introduced layoffs. 

Why this issues: Firms are anxious, and till they determine new methods to earn money or show their advertisements work, they’re going to search for methods to scale back spending. Pay cuts and wage freezes are potential, as are hiring freezes. This places further pressure on staff, who could really feel buried as much as their eyeballs in work.

Daybreak Olsen is a author who went to an out-of-state engineering faculty (Purdue College) to get an English diploma. She has lived in Indianapolis for 10 years and spends far an excessive amount of time on Twitter. The truth is, she’s in all probability fascinated with Twitter proper now.

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