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Twitter’s ad revenue in the US has plunged by more than half since Elon Musk took the company over, according to reports. Internal documents show that Twitter made $88 million worth of ad sales between April and May this year, The New York Times reported, marking a 59 per cent drop from the same period last year. Shortly after Mr Musk’s takeover in October 2022, several key sales executives at Twitter where fired, while controversial figures like Donald Trump and Andrew Tate were allowed to return to the platform. Following the sackings and change in policy, several high profile brands confirmed that they would no longer be advertising through Twitter due to concerns with the platform and its leadership. Twitter’s valuation also plunged in the months following the $44 billion takeover deal, with Mr Musk saying in March that the company was worth $20 billion. Investment firm Fidelity has since estimated Twitter to be worth $15 billion. In April, Mr Musk said the firm was “roughly breaking even”, claiming that “almost all advertisers have come back or said they are going to come back”. Last month, Mr Musk announced that he would be stepping down as CEO of Twitter in order to focus on overseeing product, software and sysops as the company’s chief technology officer. His replacement, Linda Yaccarino, appears to have been selected based on her success and connections within the advertising world, having served as an executive for NBCUniversal. Ms Yaccarino and Mr Musk appeared together at a public event earlier this year, giving an indication that her focus will primarily be aimed at developing and improving relationships with advertisers, whose purchases make up the majority of Twitter’s revenue. One potential route to achieving this is by reinstating Twitter’s Influence Council of marketers and advertising executives, which allowed industry figures to give direct feedback on how they wanted the platform to look before it was disbanded. Read More What is superintelligence? How AI could wipe out humanity – and why the boss of ChatGPT is doomsday prepping

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Carlos Sainz said he had goosebumps after sending Monza wild by putting his Ferrari on pole position for the Italian Grand Prix. The Spanish driver saw off Red Bull’s Max Verstappen by just 0.013 seconds to huge roars at the sun-cooked Temple of Speed, with Charles Leclerc third in the other scarlet car. George Russell took fourth for Mercedes with team-mate Lewis Hamilton, who this week signed a two-year contract extension, only eighth. Verstappen has swept all before him this year – winning 11 of the 13 rounds so far – and, despite being pipped to top spot in qualifying, he will still be the favourite to land a record 10th straight win in Sunday’s 53-lap race. But Saturday belonged to Sainz and the tifosi celebrated their man’s pole like a victory. Ferrari flags were hoisted into the air as Sainz, who celebrated his 29th birthday on Friday, hoisted his right arm from the cockpit. “It is difficult to put into words to describe how I feel,” said Sainz after taking just the fourth pole of his life and his first in Monza. “I have had goosebumps since I crossed the finish line. Watching the crowd and getting out of the car and seeing this is incredible. “Everywhere we go, it is just noise, support and encouragement, and it is the best feeling you can have as an athlete. “I have been feeling comfortable with the car, I cannot fault it, and I honestly put in one my best laps in Q3 to take pole. And tomorrow I am going to give it everything for that first place and see if we can battle Max.” Verstappen has been an unstoppable force this season and he will make history if he goes behind enemy lines and betters the record he shares with Sebastian Vettel by reaching double figures for consecutive triumphs. But the Dutchman, who took the chequered flag here last year, might be wary of a curious streak in Monza. Leclerc, Pierre Gasly and Daniel Ricciardo, who won here in 2019, 2020 and 2021, did not finish on their next visits. Verstappen’s Red Bull team are also bidding to become the first team to go through a season unbeaten. McLaren came the closest to achieving a perfect campaign. The British outfit failed to win on just one occasion in 1988. The venue was Monza and the winner that afternoon was Gerhard Berger – in a Ferrari. “Honestly, I don’t believe in statistics too much and this kind of curse,” added Sainz. “On Sunday, the winner is the one who deserves it the most and is quicker and I am just going to try to be that one.” Over at Mercedes, Hamilton snuck into Q3 after bemoaning a lack of grip and suggesting he had been impeded by Red Bull’s Sergio Perez. He ultimately qualified eighth, half-a-second behind Sainz and two tenths adrift of team-mate Russell. When, erroneously, he was told he had qualified one place lower, the 38-year-old replied: “I thought I was P8? It is s*** either way. “I was just struggling. Our car is hard to optimise. There is nothing easy about this car.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Carlos Sainz’s pace in practice gives Ferrari fans hope for Italian Grand Prix How Max Verstappen equalled Sebastien Vettel’s record for consecutive race wins Max Verstappen reveals Sebastian Vettel prediction as he closes on GP record run

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This content originally appeared on Mashable for a US audience and has been adapted for