Times of Pakistan - Latest Pakistan News, Pakistan News Online, Pakistani Newspaper, Pakistan News Today Times of Pakistan - Latest Pakistan News, Pakistan News Online, Pakistani Newspaper, Pakistan News Today
  • World
  • Pakistan
  • Politics
  • Business
  • Economy
  • Sports
  • Entertainment
  • Technology
  • Health
  • Travel
  • Science
  • Opinions
  • Blogs
  • Letters
Reading: Upon finding a successor, Elon Musk to resign as CEO of Twitter
Share
Font ResizerAa
Times of PakistanTimes of Pakistan
Search
  • World
  • Pakistan
  • Politics
  • Business
  • Economy
  • Sports
  • Entertainment
  • Technology
  • Health
  • Travel
  • Science
  • Opinions
  • Blogs
  • Letters
Follow US
  • About us
  • Privacy Policy
  • Terms of Service
  • Contact us
WorldBusiness

Upon finding a successor, Elon Musk to resign as CEO of Twitter

News Desk
By News Desk
Published: December 21, 2022
Share
Elon musk to step down as twitter ceo 1
Image Credits: Wired

Elon Musk has stated that he will step down as CEO of Twitter if he finds someone “foolish enough to take the position.”

Prior to this, the billionaire made a commitment to follow the outcome of a Twitter poll in which 57.5% of respondents favoured his leaving the position.

He claims that even once a replacement is found, he will continue to lead the software and servers teams. The platform’s modifications since his takeover have drawn a lot of flak.

Following a vote by Twitter users in a survey commissioned by the billionaire owner of the social media site, Musk made his declaration.

The Twitter poll received more than 17.5 million votes, with 57.5 percent in favour of Musk resigning. Musk ran his survey in response to user reaction following Twitter’s declaration that it will no longer permit the “free promotion” of other social media networks.

Should I step down as head of Twitter? I will abide by the results of this poll.

— Elon Musk (@elonmusk) December 18, 2022

About half of the company’s employees have been let go since Mr. Musk acquired it in October. He also tried to push out Twitter’s for-pay verification service before pausing it. Last week, the feature was reintroduced.

The way he moderates content has also drawn criticism from civil rights organisations, which accuse him of taking actions that will encourage hate speech and false information.

As a result of Twitter’s move to ban some journalists who cover the social media company, Mr. Musk received harsh criticism from the UN and EU on Friday.

The multibillionaire’s response to the poll questioning whether or not he should step down was made public for the first time on Monday. It might be difficult to find someone to take over the social networking site, according to Mr. Musk. Jack Dorsey, another co-founder of Twitter, has been rumoured to return and take over as CEO. He gave up his position as CEO in November 2021.

Following the voting, he tweeted, “No one wants the job who can actually keep Twitter alive.”

Yep, he already has the new CEO picked out.

Elon will retire to being Chairman of the Board and Tweeter.

— Wall Street Silver (@WallStreetSilv) December 18, 2022

TAGGED:CEO of TwitterElon musk and twitterElon Musk to resignTwitter poll
ByNews Desk
The author is the Times of Pakistan news desk team.
Previous Article PTI and PML N to stick together and confront PTI and PML-Q to stick together and confront no-trust move says Ch Fawad
Next Article zyro image 9 Global concerns increase as Beijing prepares for a serious surge in Covid cases
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

More Latest News

us
More than anticipated, US firms added 311000 jobs in February
World Economy
After nearly 7 years
After nearly 7 years of antagonism, Middle Eastern adversaries, Iran and Saudi Arabia decided to resume ties
World Politics
sardar
Sardar Khetran awarded bail in triple homicide case involving Barkhan
Pakistan
Imran khan arrest
In connection with comments made against state institutions, BHC suspends Imran’s arrest warrants
Pakistan Politics
president xi jin ping
Xi wins a third term as president despite numerous obstacles
World Politics
Times of Pakistan - Latest Pakistan News, Pakistan News Online, Pakistani Newspaper, Pakistan News Today Times of Pakistan - Latest Pakistan News, Pakistan News Online, Pakistani Newspaper, Pakistan News Today
  • About us
  • Privacy Policy
  • Terms of Service
  • Contact us
  • ٹائمز آف پاکستان اردو
  • About us
  • Privacy Policy
  • Terms of Service
  • Contact us
© 2002-2024 TIMES OF PAKISTAN (PRIVATE) LIMITED.
This material may not be published, reproduced, broadcast, rewritten, or redistributed without permission.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?