Elon Musk says new Twitter boss has been hired

SAN FRANCISO: Elon Musk said on Thursday that he has hired someone to replace him as head of Chirping and his new name Parent company of X Corporation.
Twitter users in December voted to oust the owner Moss as chief executive in an unscientific poll he organized and promised to honor, just weeks after taking helm of the social media giant.
“I am thrilled to announce that I have hired a new CEO for X/Twitter,” Musk said in a tweet, not revealing the name of his replacement but adding that he would start work in about six weeks.

“My role will transition to executive president and chief technology officer, overseeing product, software and system operations,” the billionaire added.
Musk’s handling of Twitter has been criticized for diverting his attention from his jobs at the helm of Tesla and SpaceX.
Still, it appears he’s “finally reading the room” about “this Twitter nightmare” and the “impossible task” of trying to balance the management of Twitter, Tesla and SpaceX, Wedbush analyst Dan Ives said in a statement. to investors.
If Musk goes along with the announcement, he will belatedly deliver on the promise he made to honor his Twitter poll results.
A total of 57.5% of more than 17 million accounts voted to resign.
“I’m stepping down as CEO as soon as I find someone foolish enough to take the job!” Musk tweeted at the time.
Musk has wholly owned Twitter since late October and has repeatedly sparked controversy as CEO, firing most of his staff, readmitting far-right figures to the platform, suspending journalists and charging for previously free services.
NBCUniversal’s head of global advertising and partnerships, Linda Yaccarino, was a potential candidate for the post of head of Twitter, according to a Wall Street Journal report.
“I think whoever he hired deserves our compassion and pity,” said independent technology analyst Rob Enderle of Enderle Group.
“The real test will be whether he can step aside and let her do her job.”
Musk remaining president and chief technology officer of Twitter could give users, employees and advertisers the impression that he is still in charge of Twitter, making it difficult to regain trust, the analyst reasoned.
“The situation really requires him to come out completely,” Enderle said of Musk releasing the reins of Twitter.
“Otherwise, people won’t believe she’s free to do what she has to do.”
Musk recently made the tech company part of an “X” shell company, dropping the company name Twitter but continuing to use it for the platform.
The controversial tech mogul has spoken publicly about using Twitter to create an all-purpose “X” application that combines messaging, payments, and more.
This week, it announced the addition of encrypted direct messages to Twitter, as well as plans for audio and video calling capabilities.
The San Francisco-based company, which generates most of its revenue from advertising, is expected to earn less than $3 billion in 2023, down from $4 billion in 2022, according to Insider Intelligence.


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