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

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There aren't enough female CEOs

A retired Louisville Metro Police Division officer is utilizing TikTok to assist present aid to flood victims in jap 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 supply normal security recommendation, has virtually 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 US who’ve bought provides, both. Arterburn mentioned folks in Australia and Europe have additionally made donations. 

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

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

Listed below are right this moment’s different prime tales:

Twitter is lastly letting customers edit their tweets

For years, Twitter co-founder Jack Dorsey mentioned 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 obtainable to Twitter Blue subscribers. 

Twitter Blue launched final yr and presents unique options like customized navigation and “undo tweet” for $2.99 monthly. Nevertheless, Twitter does have plans to up the price of Twitter Blue to $4.99 monthly, maybe in anticipation of tweet modifying. Whereas not a lot is thought how the function can be applied, it’s an enormous step for Twitter. Along with Dorsey’s statements about modifying, a 2021 viral tweet from Twitter itself mentioned, “you don’t want an edit button, you simply must forgive your self.” 

 

 

Why this issues: The choice to edit tweets may give folks, from journalists to politicians to manufacturers, the chance to repair a typo or appropriate misinformation. The function might also make it simpler for trolls or malicious actors to get away with posting threatening tweets earlier than modifying them. Will probably be attention-grabbing to see if Twitter decides to supply the modifying function to a wider viewers, or if it’ll solely be obtainable 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 share, Fortune factors out that the statistic represents an all-time excessive for ladies’s management. Fortune’s knowledge goes again to 2014, when 17 World 500 companies have been led by ladies CEOs. That quantity dropped to 12 in 2016 and 2018, earlier than reaching this yr’s excessive of 24. 

Female CEOs

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

Snap plans to put off a few of its staff

In accordance with The Verge, Snapchat’s dad or mum firm, Snap, plans to put off a few of its staff. Presently, it’s unclear what number of of Snap’s 6,000-plus staff can 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 about its inventory value 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. Lots of iPhone customers opted “sure,” which made it tougher for firms like Snap to inform when their adverts have been working. 

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

Why this issues: Corporations are nervous, and till they work out new methods to earn a living or show their adverts work, they’re going to search for methods to scale back spending. Pay cuts and wage freezes are doable, as are hiring freezes. This places additional pressure on staff, who might really feel buried as much as their eyeballs in work.

Daybreak Olsen is a author who went to an out-of-state engineering college (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. In reality, she’s most likely fascinated by Twitter proper now.

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