Elon Musk says Twitter to get new CEO within weeks | Business and Economy


Announcement comes after Twitter customers in December voted for Musk to step down.

Elon Musk has introduced the top of his seek for the following CEO of Twitter.

In a Twitter publish on Thursday, Musk mentioned the unnamed girl would take over from him in about six weeks.

Musk added that he would transition to govt chair and chief expertise officer “overseeing product, software program & sysops”.

Whereas Musk didn’t title his alternative, the Wall Road Journal, citing individuals acquainted with the scenario, on Thursday reported that NBCUniversal’s head of promoting Linda Yaccarino was in talks for the function.

Musk’s announcement comes after Twitter customers in December voted overwhelmingly for the Tesla CEO to step down as head of the social media networks in a ballot he carried out himself.

Musk, who additionally leads rocket firm SpaceX, ushered in sweeping modifications at Twitter after shopping for the platform for $44bn final yr, together with shedding about 80 % of workers, loosening moderation requirements and launching a paid service known as Twitter Blue.

Musk’s tenure has been hailed by conservatives as a win free of charge speech however criticised by many on the left for giving open slather to hate speech and misinformation.

The influential social media platform has additionally suffered a variety of glitches and outages, in addition to the lack of some main advertisers, since Musk took cost.

Tesla shares rose by about 2 % following Musk’s announcement amid issues amongst some shareholders that the billionaire’s consideration has been divided amongst too many ventures.

Earlier this week, former Fox Information host Tucker Carlson introduced he would launch a “new model” of his top-rated present on Twitter, prompting hypothesis about this relationship with Musk.

Musk mentioned Twitter had not signed a “deal of any type by any means” with Carlson and that the conservative commentator could be topic to the identical guidelines as all different content material creators on the platform.

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