Elon Musk has been in the news lately for varied reasons, be it his startup SpaceX launching the first private station or his Tesla having a braking defect in over 1.1 million cars in China. However, as the second richest man in the world the one thing that seized most attention was his recent takeover of Twitter.
Elon Musk acquired Twitter last year in October for a smashing $44 billion and was prompt with changing the management taking over as the CEO of the social media platform. He suggested that he didn’t want Twitter to become an echo chamber for hate and divide. And when he was to find “someone foolish enough to take the job” he would resign as the CEO.
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Musk recently put out a tweet that read, “”Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!”
Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!
My role will transition to being exec chair & CTO, overseeing product, software & sysops.
— Elon Musk (@elonmusk) May 11, 2023
And since this information has circulated like a wildfire, making everyone guess who could be the next CEO of Twitter and how would the platform move further with its mission with Musk’s intervention in decision making as he suggested that, “My role will transition to being exec chair & CTO, overseeing product, software & sysops.”
According to Jason Benowitz, senior portfolio manager at CI Roosevelt, Musk’s C-level female officers namely; SpaceX’s President Gwynne Shotwell and Tesla’s Robyn Denholm could be potential Twitter CEOs. In addition, there have been talks about certain names around the organisation and in the market for the role. Comcast NBCUniversal executive Linda Yaccarino, Former Yahoo CEO Marissa Mayer, and Former YouTube CEO Susan Wojcicki who has also been an intricate part of Musk’s Neuralink startup.
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Let’s just go down the memory lane post Musk’s Twitter takeover. Twitter after Musk is a tech arc in itself. There have multiple changes that Musk brought about after acquiring the social media platform. When he first took over the platform he tweeted, “Buying Twitter is an accelerant to creating X, the everything app.”
Musk aims at making the application an inclusive conversing point for everything from news, food and payment. However, in the last few months Musk has majorly emphasised on the appearance of the platform and has currently changed the verification process, eliminated the content moderation rules and tweaked up the algorithm for making posts visible.
Now we are left to see how Musk adds his opinions in the decision making for and are Tesla investors going to intervene in his overbearing interest in Twitter. What are your thoughts about Twitter’s trajectory, let us know at editor@digit.in.
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