Twitter boss Elon Musk hands over the post to the new CEO and takes on the role of the CEO

Twitter boss Elon Musk hands over the post to the new CEO and takes on the role of the CEO

Elon Musk announced that he has found a new director for Twitter and will take on a new role as chief technologist.

While Musk has not yet named his successor, reports indicate that Linda Yaccarino, managing director of NBC Universal, could possibly replace him as the new director of the microblogging platform.

"I am pleased to be able to tell you that I have a new CEO for X/Twitter. It will start in about 6 weeks! My role will switch to CEO and CTO and supervise the products, software and sysops."

  • other rumors indicate that the former COO of Meta, Sheryl Sandberg, could also lead the company.
  • Since the controversial takeover of Twitter as part of a $ 44 billion deal last year, Musk has made several changes to the platform, including the announcement of the end of the old verified program and the introduction of a new, paid version.
  • It was expected that the takeover of Twitter by integrating crypto and blockchain functions into the social media platform will be of crucial importance for the digital-asset industry. However, not much has happened in the last six months since the takeover.
  • Musk's decision to apply for the conversion of Twitter into a financial services company triggered speculation about the integration of cryptocurrency payments. However, these efforts seemed to have been brought into the background.
  • In April, Twitter briefly changed his iconic Bluebird logo to the mascot Shiba Inu used by Dogecoin (Doge), who supported Musk loudly.
  • According to reports, Twitter also developed a payment platform that could ultimately support digital assets.

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