TECH NEWS – The new owner of Twitter will focus on leading a small team once he finds a successor.
We reported the other day that Elon Musk had essentially voted himself out of the CEO role at Twitter, with more than 10 million of the 17.5 million votes cast saying he should step down and let someone else run Twitter. We then waited to see if Musk would do it, and he has announced that he is not kidding: “I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software and servers teams.”
Musk has therefore spent $44 billion on the acquisition of the site (even though he was already one of its largest shareholders) for not much of a reason, and let’s not forget that he also used the wealth of a Saudi prince and Qatar’s sovereign wealth fund to acquire Twitter and has since then been active on the site (for example, he has let back several banned users, but banned Kanye West, who now goes by Ye, again for making Nazi-sympathetic comments). Still, he should have considered whether, after Tesla and SpaceX, it might not have been more appropriate to take over with him as the owner in the background and someone else as CEO.
Another question must be asked: is it what Musk will do? A power-hungry man will not easily let go (we have seen an example of this politically this year in Brazil, for example), and it is, therefore, fair to say that we believe it when we see it. Until a successor is appointed, anything could happen, but this would be playing with the patience of the ten million+ users behind Twitter’s new owner.
Gone is the source of our tweet under what we post, while they force an analytics link under each tweet (who uses that?), and the new-fangled Twitter Blue subscription has been launched. You need to subscribe to edit our tweets. But you can’t do that everywhere yet.
Source: WCCFTech
Leave a Reply