TNB Tech Minute: Linda Yaccarino Steps Down as CEO of X

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.6 • 1.6K Ratings

🗓️ 9 July 2025

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

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Summary

Plus: Nvidia becomes the world’s first $4 trillion company. And, Duolingo appears to see weaker user trends in the U.S. Julie Chang hosts. Programming note: Starting this week, Tech News Briefing episodes will be released on Tuesdays and Fridays, and the TNB Tech Minute will be released twice on weekdays, in the morning and afternoon. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The five-pound meal deal from McDonald's.
0:02.7	Get a cheeseburger or mayo chicken, medium fries, four McNuggets and a medium soft drink for guess what?
0:08.4	That's right, five pounds.
0:11.2	It's not called the five-pound meal deal for nothing.
0:14.8	From 11 a.m.
0:15.8	Not available on delivery.
0:16.8	Carbonated soft drink upgrade fees apply.
0:18.3	Participating restaurants, subjects, availability.
0:21.3	Here's your afternoon T&B Tech Minute for Wednesday, July 9th. I'm Julie Chang for the Wall Street Journal.
0:28.4	Linda Yaccarino is stepping down as CEO of Elon Musk's social media platform X. Her departure follows the merger of Musk's two companies, XAI and X, making the social media
0:39.8	platform part of a broader artificial intelligence focused company. Yocorino's future at the company
0:45.1	had been uncertain for months. The high growth potential of AI became more important to investors
0:50.2	than the tighter margin social media business overseen by Yaccarino. Yacarino didn't immediately
0:55.6	respond to requests for comment. In other news, NVIDIA has become the world's first $4 trillion
1:02.3	company. A rally in the AI chipmaker's shares lifted its market capitalization above the $4 trillion mark
1:09.1	today. Invita became a $1 trillion company just two years ago.
1:13.9	Nvidia is now worth as much as the 216 smallest companies in the S&P 500 combined,
1:20.1	according to Dow Jones market data.
1:22.9	Finally, Duolingo appears to be seeing weaker user trends in the U.S. following a memo outlining
1:29.1	its AI-first strategy, which sparked pushback on social media.
1:33.1	That's according to analysts at Morgan Stanley.
1:35.8	In a note, they said U.S. daily active users have fallen about 10% since April, citing sensor
	...

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