Kara and Scott discuss the headwinds Elon Musk and Twitter employees will face, as well as disappointing earnings reports for big tech. Warner Bros. Discovery will pay $1 billion to downsize, and Adidas has terminated its partnership with Ye. Then, a listener question for (specifically) Kara.
*Note: This episode was recorded on Thursday morning and reflects the news at that time.
You can listen to Kara’s new show, On with Kara Swisher, here.
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Netscape Communications Corporation was an American independent computer services company with headquarters in Mountain View, California, and then Dulles, Virginia. Its Netscape web browser was once dominant but lost to Internet Explorer and other competitors in the first browser war, with its market share falling from more than 90 percent in the mid-1990s to less than one percent in 2006. An early Netscape employee, Brendan Eich, created the JavaScript programming language, the most widely used language for client-side scripting of web pages. A founding engineer of Netscape, Lou Montulli, created HTTP cookies. The company also developed SSL which was used for securing online communications and was later renamed to TLS. Netscape stock traded from 1995 until 1999 when the company was acquired by AOL in a pooling-of-interests transaction ultimately worth US$10 billion.

Samuel Harris Altman (born April 22, 1985) is an American entrepreneur and investor who has been the chief executive officer (CEO) of the artificial intelligence company OpenAI since 2019. Altman attended Stanford University for two years before he dropped out and co-founded Loopt, a smartphone geosocial networking service. Loopt was acquired by Green Dot Corporation for $43.4 million. In 2011, Altman joined Y Combinator, a technology startup accelerator and venture capital firm, and was the company's president from 2014 to 2019. He is a billionaire with many investments including Reddit, Worldcoin, and Helion Energy. Altman co-founded OpenAI in 2015 and became its CEO in 2019, a role that made him a prominent figure of the AI boom. He supervised the launch of ChatGPT in November 2022. In 2023, he was ousted by the organization's board of directors for not being "consistently candid".