+91 70111 97831
  • About us
    • Data Analyst Team
    • Magazines Sections
    • Editorial Team
  • Advertise with us!
  • Business review
  • Guest writers
    • Guest Contribution
  • Subscription
  • Career
  • Testimonials
  • Contact Us
Wednesday, June 7, 2023
International Magazine
Business Connect  | Best Business magazine In India
Upcoming Event
  • News
  • Magazine
  • Interior Design
  • Press Release
    • PR Enquiry
  • Success Stories
  • Latest Edition
  • Launchpad
  • Blogs
  • Testimonials
No Result
View All Result
  • News
  • Magazine
  • Interior Design
  • Press Release
    • PR Enquiry
  • Success Stories
  • Latest Edition
  • Launchpad
  • Blogs
  • Testimonials
No Result
View All Result
Business Connect  | Best Business magazine In India
No Result
View All Result
  • About us
  • Guest writers
  • Business review
  • Advertise with us!
  • Subscription
  • Privacy
  • Why us
Home News

Elon Musk Appoints New Twitter CEO, Set to Start in Six Weeks

admin by admin
May 25, 2023
in News
Elon Musk Appoints New Twitter CEO, Set to Start in Six Weeks
Share on FacebookShare on Twitter

Elon Musk Appoints New Twitter CEO, Set to Start in Six Weeks

On Thursday (May 11), Elon Musk revealed that he has selected a new CEO for Twitter, although he did not disclose the individual’s name. Musk himself will transition to the role of Chief Technology Officer (CTO) of the social media platform within the next few weeks.

In a tweet, Musk expressed his excitement about the new CEO, stating, “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!”

Speculation had been circulating among tech and media insiders, as well as on the anonymous messaging app Blind, regarding who Musk’s successor might be. An anonymous Silicon Valley executive and a former Hollywood executive suggested that Linda Yaccarino, the top advertising sales executive at Comcast’s NBCUniversal, could be Musk’s choice to lead the social media company. Yaccarino, a respected leader in the advertising industry, recently interviewed Musk at an advertising conference in Miami.

When approached for comment, an NBCUniversal spokesperson mentioned that Yaccarino was occupied with back-to-back rehearsals for the Upfront, referring to a presentation scheduled for Monday in New York, which NBCUniversal will host for advertisers.

During discussions among Twitter employees on Thursday, former Yahoo CEO Marissa Mayer was also mentioned as a potential candidate. Additionally, the former CEO of YouTube, Susan Wojcicki, and Shivon Zilis, a top executive at Musk’s brain-chip startup Neuralink, were among the names being discussed on the anonymous messaging app Blind, according to a former employee who viewed the comments.

Jason Benowitz, a senior portfolio manager at CI Roosevelt, suggested that top female executives from Musk’s other companies, such as Gwynne Shotwell, President of SpaceX, and Robyn Denholm, Chair of Tesla Inc., could also be considered for the position.

Musk clarified that he will assume the roles of Twitter’s Executive Chair and CTO, overseeing product development, software, and systems operations.

Following the announcement, Tesla shares closed 2.1% higher on Thursday. Analysts believed that the news helped ease investor concerns about Musk’s extensive involvement with Twitter. When Musk took over Twitter in October, Tesla’s stock suffered, and investors expressed worries that his attention would be divided.

“The boat anchor called Twitter is loosened from Mr. Musk’s ankle. Now he can get back to spending more time creating value at Tesla,” remarked Craig Irwin, an analyst at Roth MKM.

STEPPING DOWN

For a while now, Musk has been stating his intention to find a new leader for Twitter.

RelatedPosts

Samsung Galaxy F54 5G Launches in India: Pricing, Sale Details & Impressive Features

Apple Unveils Vision Pro at WWDC 2023: A New Era of Computing Begins

Government Launches 8th Round of Bidding for 10 Oil and Gas Blocks

India’s top 10 IAS coaching institute

Adani Shares Surge as Billionaire Commits to Educating Children of Odisha Train Crash Victims

In December, Musk conducted a Twitter poll, where 57.5% of users voted for him to step down as CEO of the social media platform. At that time, Musk remarked, “I will resign as CEO as soon as I find someone foolish enough to take the job!”

Musk’s initial two weeks as the new Twitter owner in October were characterized by significant change. He quickly removed Twitter’s previous CEO Parag Agrawal and other senior leaders and later laid off half of the staff in November.

As a self-proclaimed free speech absolutist, Musk has stated that he took over Twitter to prevent the platform from becoming an echo chamber of hate and division.

Additionally, Musk has expressed his commitment to “defeating” spam bots on the platform, which has been a significant point of contention between him and Twitter’s board regarding the $44 billion buyout of the company.

Must Read:-

  • Top 10 shoe brands in India for men & women 2023
  • Top 10 Adorable Gifts for Your Special One
  • Top 10 Countries with Maximum Indian Population as Citizens
  • Top 10 Small Business Statistics You Need to Know For 2023
  • Top 10 highest paid CEO in the World
  • Top 10 richest person of India
  • Top 10 Highest Paid CEOs of India
  • Top 10 Most Selling Bikes and Scooters of 2022 in India
  • The Success Story of Jeff Bezos
  • Success Story Of Elon Musk
  • Top 10 Business Newspaper In India
  • Top 10 Tourist Places in India, places to visit after lockdown
Previous Post

INTIME SECURITIES: A DEEP DIVE INTO THE JOURNEY OF EXCELLENCE

Next Post

10 Best Gaming Laptops in India 2023

admin

admin

Admin is a Digital Marketing Executive at Business Connect Magazine. With his expertise in digital marketing strategies, leverages his knowledge to optimize online presence, enhance brand visibility, and engage with the target audience effectively.

Next Post
10 Best Gaming Laptops in India 2023

10 Best Gaming Laptops in India 2023

The Thrill is Here: 2023 BMW M40i Launches in India at INR 86.50 Lakh; Racing from 0-100 Kmph in 4.9 Seconds

The Thrill is Here: 2023 BMW M40i Launches in India at INR 86.50 Lakh; Racing from 0-100 Kmph in 4.9 Seconds

ClinicSpots is now NABH Accredited India's leading healthcare tech company is dedicated to revolutionizing healthcare services

ClinicSpots is now NABH Accredited India's leading healthcare tech company is dedicated to revolutionizing healthcare services

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Upcomming event 2023

Business Connect magazine events

Recent News

Maximus Group: Charting a Path Towards INR 250 Crore Revenue by 2025

Maximus Group: Charting a Path Towards INR 250 Crore Revenue by 2025

June 7, 2023
Samsung Galaxy F54 5G Launches in India: Pricing, Sale Details & Impressive Features

Samsung Galaxy F54 5G Launches in India: Pricing, Sale Details & Impressive Features

June 7, 2023
REACH FOR TRAINING PTY LTD.

REACH FOR TRAINING PTY LTD.

June 6, 2023
Plagiarism and its Consequences

Plagiarism and its Consequences

June 6, 2023
https://www.youtube.com/watch?v=5gPvV9iUPII
Business Connect magazine events | Business magazine

Recommended

Quintesstial Media & Marketing (OPC) Private Limited

Quintesstial Media & Marketing (OPC) Private Limited

October 26, 2020
The Most Inspirational Success Story of KFC | Business Connect

The Most Inspirational Success Story of KFC

April 19, 2023

Most Popular

Maximus Group: Charting a Path Towards INR 250 Crore Revenue by 2025
Blog

Maximus Group: Charting a Path Towards INR 250 Crore Revenue by 2025

June 7, 2023
Samsung Galaxy F54 5G Launches in India: Pricing, Sale Details & Impressive Features
News

Samsung Galaxy F54 5G Launches in India: Pricing, Sale Details & Impressive Features

June 7, 2023
REACH FOR TRAINING PTY LTD.
Cover Story

REACH FOR TRAINING PTY LTD.

June 6, 2023

Business Connect is a business magazine whose name is derived from Business Community which connects entrepreneurs, executive officers and VCs. With a mission to have one of the highest readership figures of senior-level executives and investors in India, Business Connect brings its edition on monthly basis.

Follow Us

Recent News

Maximus Group: Charting a Path Towards INR 250 Crore Revenue by 2025

Maximus Group: Charting a Path Towards INR 250 Crore Revenue by 2025

June 7, 2023
Samsung Galaxy F54 5G Launches in India: Pricing, Sale Details & Impressive Features

Samsung Galaxy F54 5G Launches in India: Pricing, Sale Details & Impressive Features

June 7, 2023

Contact Information

Address: 807, DDA 2, District Centre, Janakpuri West, New Delhi-110058

Phone Number: +91-11-41065208, 42636209

Mail: abhishek@businessconnectindia.in / events@businessconnectindia.in

Contact to Get Feature as Guest Post : info@businessconnectindia.in

  • About us
  • Why us
  • Healthcare
  • Guest writers
  • Career

© 2020 All Rights Reserved by Business Connect India

No Result
View All Result
  • News
  • Magazine
  • Interior Design
  • Press Release
    • PR Enquiry
  • Success Stories
  • Latest Edition
  • Launchpad
  • Blogs
  • Testimonials

© 2020 All Rights Reserved by Business Connect India

Need Help? Chat with us
Start a Conversation
Hi! Click one of our member below to chat on Whatsapp
The team typically replies in a few minutes.
Ashish Kumar
Sales & Support