{"id":17696,"date":"2023-05-11T23:56:43","date_gmt":"2023-05-11T23:56:43","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/05\/11\/elon-musk-has-found-his-replacement-as-ceo-of-twitter\/"},"modified":"2023-05-11T23:56:43","modified_gmt":"2023-05-11T23:56:43","slug":"elon-musk-has-found-his-replacement-as-ceo-of-twitter","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/05\/11\/elon-musk-has-found-his-replacement-as-ceo-of-twitter\/","title":{"rendered":"Elon Musk has found his replacement as CEO of Twitter"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">Elon Musk has announced plans for a new Twitter CEO but hasn\u2019t said who it is. <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1656747082571722753?s=20\" target=\"_blank\" rel=\"noopener\">In a tweet<\/a> on Thursday, Musk says that he has \u201chired a new CEO for X\/Twitter\u201d and that \u201cshe will be starting in ~6 weeks.\u201d Musk will instead assume the role of executive chair and chief technology officer, \u201coverseeing product, software &amp; sysops\u201d of Twitter.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">According to <a href=\"https:\/\/twitter.com\/DylanByers\/status\/1656801802770354179\" target=\"_blank\" rel=\"noopener\">Dylan Byers of <em>Puck News<\/em><\/a>, the new CEO will be NBC Universal advertising executive Linda Yaccarino, citing two unnamed sources. <\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">The <a href=\"https:\/\/www.wsj.com\/articles\/new-twitter-ceo-elon-musk-7a006bb5\" target=\"_blank\" rel=\"noopener\"><em>Wall Street Journal<\/em><\/a> reported afterward that she is \u201cin talks\u201d to take over as Twitter CEO and that an NBCU spokesperson said Yaccarino is currently in \u201cback to back rehearsals\u201d for an upfront presentation to advertisers.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">Twitter and NBCUniversal <a href=\"https:\/\/nbcsportsgrouppressbox.com\/2023\/05\/05\/nbcuniversal-fortifies-olympic-and-paralympic-media-partnerships-with-twitter-and-snapchat-providing-greater-reach-and-scale-for-advertisers-during-olympic-and-paralympic-games-paris-2024\/\" target=\"_blank\" rel=\"noopener\">recently announced<\/a> an expanded partnership for the service to amplify NBCU\u2019s coverage of the 2023 Olympic Games, with Yaccarino tweeting to Musk that Twitter should bring back Periscope. She also recently interviewed Musk in person, at the Possible 2023 marketing event in Miami.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">While Musk may soon no longer be CEO, he still owns the company, which he has renamed \u201cX.\u201d It seems unlikely that giving someone else one specific title will make Twitter any less of a wild ride. Musk became \u201cChief Twit\u201d <a href=\"https:\/\/www.theverge.com\/2022\/10\/31\/23433772\/elon-musk-twitter-ceo-confirmed\" target=\"_blank\" rel=\"noopener\">last October<\/a>, when he closed his acquisition of the company, followed by the immediate <a href=\"https:\/\/www.theverge.com\/2022\/10\/27\/23184519\/elon-musk-twitter-acquisition-deal-complete-agreement\" target=\"_blank\" rel=\"noopener\">firing of large portions of its executive staff<\/a> and <a href=\"https:\/\/www.theverge.com\/2022\/11\/21\/23472025\/elon-musk-twitter-hiring-again-ending-layoffs\" target=\"_blank\" rel=\"noopener\">thousands of other employees<\/a>.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">Another question is how Musk\u2019s divided attention has affected his other companies (Tesla, SpaceX, Neuralink, The Boring Company \u2014 did we miss any?) and how it will affect them in the future. In December, Tesla investors <a href=\"https:\/\/twitter.com\/KoguanLeo\/status\/1604502621284208641\" target=\"_blank\" rel=\"noopener\">were openly calling<\/a> for Musk to hand over control of Twitter as the car company\u2019s stock price dropped to $101, just a third of its peak price over the last year, at around $314. Now, Tesla has <a href=\"https:\/\/www.theverge.com\/2023\/4\/19\/23689266\/tesla-price-cuts-discounted-model-3-y-electric-vehicle-tax-credit\" target=\"_blank\" rel=\"noopener\">slashed prices on vehicles<\/a> and is facing lower margins in what some are calling <a href=\"https:\/\/www.theverge.com\/2023\/1\/14\/23554886\/tesla-price-cut-ev-market-deman-elon-musk\" target=\"_blank\" rel=\"noopener\">an EV price war<\/a>, as it faces more competition than ever before.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">As Musk has reshaped Twitter policy, seemingly to match his own whims, speculation has only increased about how long his tenure would last \u2014 and how big of an effect it\u2019s <a href=\"https:\/\/www.npr.org\/2023\/01\/06\/1146941980\/tesla-shares-elon-musk-twitter-electric-cars\" target=\"_blank\" rel=\"noopener\">having on his other companies<\/a>. The Musk era has also included changes that upset Twitter\u2019s relationships with users, public safety officials, and others.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">Musk\u2019s Twitter takeover even affected the platform\u2019s advertising business. Several <a href=\"https:\/\/www.theverge.com\/2022\/11\/11\/23453575\/omnicom-media-group-twitter-advertising-pause\" target=\"_blank\" rel=\"noopener\">major advertisers paused spending<\/a> on Twitter over concerns that Musk\u2019s views on free speech could damage their reputation, and the <a href=\"https:\/\/www.theverge.com\/2022\/11\/9\/23450289\/twitter-impersonators-official-mario-musk-jesus-valve\" target=\"_blank\" rel=\"noopener\">wave of fake verified accounts<\/a> that appeared on the platform <a href=\"https:\/\/www.theverge.com\/2022\/11\/9\/23448317\/elon-musk-twitter-blue-verification-live-ios\" target=\"_blank\" rel=\"noopener\">following the initial launch<\/a> of Musk\u2019s revamped Twitter Blue didn\u2019t help, either.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">Musk eventually rolled out a <a href=\"https:\/\/www.theverge.com\/2022\/12\/10\/23503355\/twitter-blue-verification-elon-musk-phone-number-ads\" target=\"_blank\" rel=\"noopener\">higher-priced Twitter Blue subscription<\/a>, banished old \u201clegacy\u201d verified checkmarks for users with fewer than a million followers, and ushered in a UI makeover where <a href=\"https:\/\/www.theverge.com\/2023\/1\/10\/23549368\/twitter-for-you-page-tiktok-following-tab\" target=\"_blank\" rel=\"noopener\">users swipe between an algorithmically sorted, recommendations-based For You<\/a> timeline and a chronological Following one. He also <a href=\"https:\/\/www.theverge.com\/2023\/5\/10\/23719153\/twitter-encrypted-dms-paid-verified-feature\" target=\"_blank\" rel=\"noopener\">rolled out encrypted DMs for verified users only<\/a>.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">Musk previewed the CEO change with a December poll asking followers if he should \u201cstep down as head of Twitter,\u201d promising to abide by the wishes of the crowd (and likely bots). <\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">The vote appeared after Musk implemented a widely criticized policy change that seemingly banned sharing links to other social network sites. Musk later <a href=\"https:\/\/www.theverge.com\/2022\/12\/18\/23515221\/twitter-bans-links-instagram-mastodon-competitors\" target=\"_blank\" rel=\"noopener\">clarified and then rolled back the rule<\/a>, promising that there would be a vote for major policy changes going forward \u2014 <a href=\"https:\/\/www.theverge.com\/2022\/11\/22\/23474381\/elon-musk-twitter-moderation-council-activist-promise\" target=\"_blank\" rel=\"noopener\">not the first time<\/a> he promised decisions at Twitter would be made by committee. A few minutes later, he tweeted <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1604617643973124097\" target=\"_blank\" rel=\"noopener\">the poll about stepping down<\/a>, which received around 17.5 million responses, with 57.5 percent indicating that he should no longer be CEO of Twitter.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\">The poll was hardly the first indication that Musk would eventually find someone else to take over Twitter\u2019s day-to-day operations. In November, while testifying in court about <a href=\"https:\/\/www.theverge.com\/2022\/11\/14\/23458254\/elon-musk-tesla-trial-pay-shareholder-autopilot-crash\" target=\"_blank\" rel=\"noopener\">his compensation as Tesla\u2019s CEO<\/a>, <a href=\"https:\/\/www.theverge.com\/2022\/11\/16\/23462668\/elon-musk-trial-testimony-twitter-tesla-ceo-technoking\" target=\"_blank\" rel=\"noopener\">he said<\/a>, \u201cI expect to reduce my time at Twitter and find somebody else to run Twitter over time,\u201d which lined up with earlier reports that his role as CEO was <a href=\"https:\/\/www.theverge.com\/2022\/5\/5\/23058351\/elon-musk-twitter-ceo-temporary-rumor\" target=\"_blank\" rel=\"noopener\">pitched from the start as a temporary one<\/a>. <\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple\"><em><strong>Update 7:55PM ET: <\/strong>Added reports that Linda Yaccarino is the incoming CEO of Twitter.<\/em><\/p>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.theverge.com\/2023\/5\/11\/23517090\/elon-musk-twitter-ceo-replacement\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk has announced plans for a new Twitter CEO but hasn\u2019t said who it is. In a tweet on Thursday, Musk says that he has \u201chired a new CEO for X\/Twitter\u201d and that \u201cshe will be starting in ~6 weeks.\u201d Musk will instead assume the role of executive chair and chief technology officer, \u201coverseeing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-17696","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/17696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=17696"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/17696\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/17697"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=17696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=17696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=17696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}