4 months ago
Billionaire says he will presume domiciled of CTO
Elon Musk claims he’s hired personification to switch him arsenic CEO of Twitter. But for now, nan tech tycoon isn’t revealing who that is.
“Excited to denote that I’ve hired a caller CEO for X/Twitter,” nan mega-billionaire tweeted Thursday. “She will beryllium starting successful ~6 weeks! My domiciled will modulation to being exec chair & CTO, overseeing product, package & sysops.”
Back successful December, Musk said he would measurement speech arsenic Twitter’s main executive erstwhile he recovered “someone foolish enough” to return complete nan role. Even then, however, nan billionaire will clasp power of nan societal web and stay intimately progressive successful moving it.
Musk closed a $44 cardinal woody for Twitter successful October 2022, but he’s since said he now values nan institution astatine little than half that — astatine $20 billion.
Under Musk, Twitter has been been radically altered. He has trim Twitter’s headcount by much than 70%, from 7,500 to beneath 2,000; reinstated galore users banned nether Twitter’s erstwhile regime, including Donald Trump; and partially eliminated Twitter’s bequest verification program, giving immoderate paying subscriber a verified bluish check-mark badge.
More to come.
