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Elon Musk claims to have found a new boss for the social network Twitter. He wrote in a tweet Thursday evening: “I am pleased to announce that I have hired a new CEO for X/Twitter. Starting in 6 weeks! My role will shift to CEO and CTO overseeing products, software and sysops.”
Is Musk stepping down as Twitter boss? You cannot be absolutely sure. Because: Musk tends to make jokes on Twitter. So whether it’s serious or not will probably only be revealed in the coming weeks.
Tesla shares soar
Striking: The billionaire doesn’t mention a specific name in his announcement. He would move into the technical lead role.
Musk only bought Twitter in October 2022. Since buying Twitter for $44 billion, it has laid off about 70 percent of its employees, including its entire senior management team. Musk’s announcement had an immediate impact on Tesla stock. This has increased greatly.
57.5% spoke in favor of resignation
Musk has already announced that he wants to give up the top position at the end of 2022 – but only after the successor is set. He took over the top position in October as part of his acquisition of the internet platform for approximately $44 billion. His resignation announcement in December resulted in a self-initiated Twitter poll that nearly 57.5 percent of respondents supported his resignation. Musk had previously assured him that he would stick to the outcome of the vote.
Musk’s Twitter acquisition has raised suspicions from the beginning. The multi-billionaire justified the takeover as an action to strengthen freedom of expression. But critics feared that the Internet platform would go wild further. They were concerned that the ownership change could lead to more widespread hate speech, hate speech and disinformation.
So far, Musk has not been able to dispel these concerns. On the contrary: A wave of layoffs has rocked the online network with erratic rule changes and other controversial decisions, scaring off its most important source of revenue, advertisers. (nad/SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
