close video New Twitter CEO Linda Yaccarino will be a ‘huge advantage’ for becoming ‘profitable’: Jessica Melugin
Competitive Enterprise Institute Center for Technology & Innovation director Jessica Melugin discusses Twitter’s new CEO and the ‘unintended consequences’ of children using A.I.
Elon Musk, the CEO of Tesla Inc., has informed his company that all new hires will have to go through him for personal approval, including temporary employees such as contractors, according to a report.
In an email sent on Monday, Musk instructed executives to send him a list of hiring requests every week, according to Reuters. He urged them in the email, however, to "think carefully" before sending the requests, per the report.
"No one can join Tesla, even as a contractor, until you receive my email approval," Musk said in the email.
The email comes ahead of Tesla’s annual shareholders meeting on Tuesday.
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Tesla CEO Elon Musk leaves the Phillip Burton Federal Building on January 24, 2023 in San Francisco, California. (Justin Sullivan/Getty Images / Getty Images)
The meeting will be held at the company’s headquarters in Austin, Texas.
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Musk, also the owner of Twitter, recently announced he would be stepping down as the company’s CEO and has named former NBCUniversal advertising chief Linda Yaccarino as the platform's new chief executive.
Elon Musk has named Linda Yaccarino as a new Twitter CEO. (Pavlo Gonchar/SOPA Images/LightRocket via Getty Images / Getty Images)
Tesla logo is seen at the Automobile Barcelona International Motor Show in Barcelona, Spain on May 12, 2023. (Adria Puig/Anadolu Agency via Getty Images / Getty Images)
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Musk said hiring Yaccarino and allowing her to take over control of the business side of Twitter would free up his schedule for more time running Tesla.Ticker Security Last Change Change % TSLA TESLA INC. 166.35 -1.63 -0.97%
The billionaire, who also owns and operates SpaceX, continues to schedule launches ahead of a goal to return man to the Moon.
Friends and family of Liam Payne, including his One Direction bandmates, have gathered to say goodbye at his funeral.
Harry Styles, Louis Tomlinson, Niall Horan and Zayn Malik were among the family and friends attending the private ceremony.
Simon Cowell, who put the band together on The X Factor, Payne‘s girlfriend Kate Cassidy, and former partner Cheryl were also there.
The 31-year-old died after he fell from a third-floor balcony at the Casa Sur Hotel in Buenos Aires, Argentina, on 16 October.
Fans from around the world have held their own vigils over the past few weeks, and tributes have been left today in his hometown, Wolverhampton.
Payne’s dark blue coffin, topped with white roses, arrived for the service on a horse-drawn carriage, bearing flowers reading “son” and “daddy” – for his son, Bear, with Cheryl.
Her Girls Aloud bandmates Nicola Roberts and Kimberley Walsh were also among those at the service, along with TV and radio presenters including James Corden, Marvin and Rochelle Humes, Scott Mills, and Adrian Chiles, and former professional footballer Robbie Keane.
US influencer Cassidy, who returned home from Argentina two days before his death, arrived with Damian Hurley, son of Elizabeth Hurley.
As Payne’s mother and father, Geoff and Karen, arrived at the church in the Home Counties, standing next to the carriage, silence fell among mourners outside.
A few locals and fans also gathered nearby, but in the main largely stayed away from the private ceremony.
Payne rose to worldwide fame alongside Styles, Tomlinson, Malik and Horan on The X Factor in 2010, when they were put together to form One Direction. They went on to become one of the most successful UK pop groups of all time.
After the band announced their hiatus, the singer launched his solo career, releasing his debut album LP1 in December 2019.
Prosecutors in Argentina have launched an investigation into Payne’s death and announced earlier this month that three people had been charged in connection with the incident.
One Direction tributes
Payne’s One Direction bandmates all publicly paid tribute following his death.
“His greatest joy was making other people happy and it was an honour to be alongside him as he did it,” said Styles in his statement. “Liam lived wide open, with his heart on his sleeve, he had an energy for life that was infectious.
“He was warm, supportive and incredibly loving. The years we spent together will forever remain among the most cherished years of my life. I will miss him always, my lovely friend.”
Tomlinson said he had “lost a brother” and offered to be an uncle to Payne’s son, Bear, if he “ever needs me”.
Horan, who had been touring in South America and saw Payne at his show in the weeks before his death, said: “I feel so fortunate that I got to see him recently. I sadly didn’t know that after saying goodbye and hugging him that evening, I would be saying goodbye forever. It’s heartbreaking.”
Malik said Payne had supported him “through some of the most difficult times” of his life, and said he always had a “positive outlook and reassuring smile”.
Cowell also paid tribute, saying he was “devastated” and “heartbroken”.
He continued: “I wanted to let you know what I would always say to the thousands of people who would always ask me. What is Liam like? And I would tell them you were kind, funny, sweet, thoughtful, talented, humble, focused. And how much you loved music. And how much love you genuinely had for the fans.”
Inflation has risen by more than expected due to an increase in energy bills, according to official figures.
It’s the first rise in the rate of price increases, as measured by the consumer prices index (CPI), for three months.
The figure stood at 2.3%in October, according to the Office for National Statistics (ONS), above the 2.2% forecast by economists.
This is also a sizeable increase on the 1.7% recorded a month earlier.
Household gas and electricity bills rose last month as the energy price cap brought the cost of a typical annual bill up by an extra £12 a month.
Inflation wasn’t higher because there were falls in live music and theatre ticket prices and continued drops in the cost of raw materials due to cheaper oil.
How worried should we be about this inflation news?
These figures are a world away from the double-digit levels of inflation we experienced in 2022, when the index peaked at 11.1%. Inflation has broadly been coming down as the Bank of England has ratcheted up interest rates.
However, Labour’s budget has created inflation jitters. The government is injecting a big fiscal stimulus into the economy in the form of higher government spending.
The rise in employers’ national insurance contributions could also lead to higher prices.
This has raised the inflation forecasts and likely slowed the pace of interest rate cuts.
Today’s data may affect the likelihood of the Bank of England cutting interest rates next month.
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Before the inflation figure was announced, there was a 78.3% chance of no change – and a 21.7% chance that the cost of borrowing would fall by 0.25 percentage points, according to market expectations.
After the announcement that changed to 84% chance of no cut.
Also on the up was another important measure of inflation watched by the Bank – core inflation, which measures price rises but excludes food and energy costs as they’re liable to sharply fall or rise.
Core inflation rose to 3.3%, more than the 3.1% expected by economists polled by Reuters.
Services inflation also came in above forecast and higher than a month ago at 5%.
Political reaction
Darren Jones, the chief secretary to the Treasury, said the government understands people are struggling after the inflation announcement.
He said: “We know that families across Britain are still struggling with the cost of living. That is why the budget last month focused on fixing the foundation of our economy so we can deliver change.
“But we know there is more to do. That is why the government is focused on economic growth and investment so we can make every part of the country better off.”
But shadow chancellor Mel Stride said: “It’s higher inflation and lower growth under Labour.
“What is worrying about today’s announcement is that inflation is running ahead of expectations and official forecasts state these figures are not expected to improve.
“Labour’s budget will push up inflation and mortgage rates.”
Sky News’ deputy political editor Sam Coates and Politico’s Jack Blanchard share their daily guide to the day ahead in politics in under 20 minutes.
Jack checks in from Washington, which is still buzzing from Trump’s cabinet picks and 2024 ambitions, which could include a Scottish visit next year.
Prime Minister Keir Starmer is now returning from his trip to Brazil but will miss PMQs, leaving Angela Rayner to face the new Conservative frontbench. What do we know about Alex Burghart, who is being put up by the Tories to face her?
Plus, Jack and Sam get into the social media regulation discussion and Elon Musk’s invitation to appear before a select committee.
You can send a WhatsApp to Jack and Sam on 07511 867 633 or email them: jackandsam@sky.uk