Tag: elon musk ceo

TIMELINE: Musk to step down as Twitter CEO once he finds successor
22Dec By adminNo Comments
Technology

TIMELINE: Musk to step down as Twitter CEO once he finds successor

[ad_1] Billionaire Elon Musk said he will step down as chief executive of Twitter Inc once he finds a replacement, but will still run some key divisions of the social media platform. Billionaire Elon Musk said he will step down as chief executive of Twitter Inc once he finds a replacement, but will still run some key divisions of the social media platform. The latest move by Musk, the head of electric-car maker Tesla Inc, comes after Twitter users voted decisively in a poll for him to step down as CEO of the microblogging platform. Below is a snapshot of Musk's moves in the Twitter takeover saga. April 4: Musk discloses over 9% stake in Twitter April 5: Twitter says Musk will join company's board April 10: Musk says he will not join Twitter board April 14: Musk offers $54.20/s...
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Elon Musk to step down as Twitter CEO once he finds ‘someone foolish’ enough as successor
22Dec By adminNo Comments
Technology

Elon Musk to step down as Twitter CEO once he finds ‘someone foolish’ enough as successor

[ad_1] Elon Musk to step down as Twitter CEO once he finds 'someone foolish' enough as successor Billionaire Elon Musk said on Tuesday he will step down as chief executive of Twitter Inc once he finds a replacement, but will still run some key divisions of the social media platform. "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 & servers teams," Musk wrote on Twitter. Tesla Inc's shares, which have lost about 60% of their value since Musk made the offer for Twitter back in April, rose about 1% on Wednesday. Musk's $44 billion takeover of Twitter in October has been marked by chaos and controversy, with some investors questioning if he is too distracted to also properly run his electric-vehicle automa...
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Twitter Faces More Legal Fallout Over Worker Firings Under Musk
6Dec By adminNo Comments
Technology

Twitter Faces More Legal Fallout Over Worker Firings Under Musk

[ad_1] Twitter Inc. is facing new legal fallout from mass layoffs under Elon Musk’s management,. Twitter Inc. is facing new legal fallout from mass layoffs under Elon Musk's management, including complaints from some workers that severance payments are less than promised and from other employees that the company retaliated against them for exercising protected labor rights. The latest legal actions follow a class-action lawsuit filed when the layoffs first began in early November which accused the company of failing to give enough notice to hundreds of employees facing termination. A Los Angeles lawyer on Monday said she has filed individual arbitration claims on behalf of three employees who claim the company hasn't committed to paying them the severance they were promised befor...
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Musk Risks Opening Door to New Twitter Rivals, Ex-Chairman Says
17Nov By adminNo Comments
Technology

Musk Risks Opening Door to New Twitter Rivals, Ex-Chairman Says

[ad_1] Elon Musk will be creating room for competitors of Twitter Inc. to emerge if he breaks the “ethos” of the influential social media company, former Chairman Patrick Pichette said. Elon Musk will be creating room for competitors of Twitter Inc. to emerge if he breaks the “ethos” of the influential social media company, former Chairman Patrick Pichette said.  Pichette, who led the board in 2020 and 2021 and remained a director until the sale to Musk closed in October, told French-language broadcaster Radio-Canada that it's “too early to tell” if the Tesla Inc. billionaire will be good for Twitter. But if Twitter becomes a less attractive place for users, others will spring up to compete, Pichette said.  “If Elon Musk breaks the ethos of Twitter, with the beauty of the internet, yo...
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The Bird is Freed! Here are 5 things Elon Musk said after Twitter takeover
28Oct By adminNo Comments
Technology

The Bird is Freed! Here are 5 things Elon Musk said after Twitter takeover

[ad_1] Elon Musk has taken to Twitter post his completion of the Twitter takeover. Here is all he said so far. Elon Musk has completed his Twitter takeover and you could only expect a flurry of statement from the Tesla CEO. It has only been a few hours since Elon Musk entered the Twitter office in his iconic video, holding a sink in his hands and tweeting – Let that sink in! At the same time, reports in the media also confirm that Parag Agarwal, the CEO of Twitter, along with a couple of other top executives have been fired as well.Musk then took to Twitter with a big note, speaking all about the past, present and future of Twitter. If you are a fan of all things Elon Musk, check out the top five things Musk has spoken so far about his Twitter acquisition over the last few hours. Elon...
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