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Elon Musk Wants A New CEO Of Twitter


Elon Musk Wants A New CEO Of Twitter 

Who Can Replace Him Before The End Of 2023:

Elon Musk, the owner of Twitter, said Wednesday that "someone else" might take over the social media platform by the end of 2023. During his leadership, the platform has experienced "roller coasters," including controversy and technical difficulties.


Acquisition of Twitter by Elan Musk:

Elon Musk, a business tycoon, started the acquisition of Twitter, Inc., an American social media firm, on April 14, 2022, and finished it on October 27, 2022. Twitter's board first reacted to Musk's unsolicited attempt to buy the firm on April 14 by using a "poison pill" method to thwart a hostile takeover. But, on April 25, the board unanimously accepted Musk's $44 billion acquisition offer. 


In addition to enhancing the platform's usefulness, Musk promised to remove spambot accounts, open-source the platform's algorithms, and encourage free speech. In July, Musk announced his intention to terminate the agreement, alleging that Twitter had violated the conditions by failing to take measures against bot accounts. Thereafter, the company filed a lawsuit against Musk in the Delaware Chancery Court.

Current situation:

In a seminar in Dubai, United Arab Emirates, he said via videoconference, "I anticipate that will be the good time to find someone else to oversee the company, towards the end of this year.

I must stabilize the organization,' he said, 'ensure that it is in a sound state and that the roadmap is well established. He believed that Twitter should be "in a solid condition."

The administration of Musk, in October 2022, paid about $44 billion for the social network, which has sparked a lot of debate among users. This Wednesday, he admitted, "It's been a roller coaster.

He described artificial intelligence as "something that has to worry us a lot" during his speech in Dubai. The ChatGPT system, he said, "has demonstrated to people how sophisticated artificial intelligence is."

The South African billionaire disclosed his intention to stand down as network president in late December and his search for "someone very wild" to succeed him.

Since Musk joined Twitter, there have been significant layoffs, the reinstatement of banned accounts, and the suspension of journalists who have been critical of the businessman.

Racial tweets and hateful messages have increased, which has alarmed internet regulators and led to the departure of advertisers, Twitter's primary source of revenue.

The richest businessman in the world, Musk, has also come under fire for allegedly ignoring his other ventures, particularly the automaker Tesla, whose stock has declined since it acquired Twitter. Also, he has a lengthy record of unfulfilled futuristic promises.

When the social network started allowing paying users to write tweets with up to 4,000 characters last week, many Twitter users complained about difficulties utilizing the platform.

According to US tech media, Musk instructed Twitter personnel to put off work on new features so they could concentrate on fixing problems.

The Twitter CEO encouraged increased communication despite the challenges. "As a forum for communication, it's fantastic. Also, I would promote communication and the use of a genuine voice.

"Occasionally, they hire someone to manage Twitter or another service like that. One should create one's tweets. That, in my opinion, is how to go.


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