Tech Report: Twitter CEO Linda Yaccarino is excited to transform the site

New Twitter CEO Linda Yaccarino said in a tweet on Saturday that she has been inspired by owner Elon Musk’s vision to create a brighter future. Yaccarino is excited to help to transform the social media platform. Musk’s selection of an advertising veteran signaled that digital ads would continue to be a core focus of the business. Meanwhile, some free speech advocates are worried about how she will run Twitter.

Netflix customers are watching more ads. Since advertising options became available, about 58 percent of people in the U.S. who subscribe to streaming services are paying for at least one advertising-supported service, according to Antenna Group.

Apple begins testing speedy M3 chips as it tries for a mac comeback. Apple’s Mac business suffered a 31 percent sales decline last quarter. The M3 chips will allow for a faster computer that uses less energy.

Reports say Intel is planning new wave of layoffs. Intel is coming off of two consecutive quarters of large losses. That includes a 36 percent year-over-year drop in revenue in the first quarter.