Resignation of Elon Musk from Twitter
May 12, 2023Tweet
(RT) ⸻
Elon Musk has announced that he will step down as Twitter CEO in six weeks to make way for an unnamed female chief executive. The Wall Street Journal reported that Musk had tapped NBCUniversal advertising head Linda Yaccarino and is now in talks to bring her into the role. Musk installed himself as CEO after acquiring the company for $44 billion last October and has rolled back many of the platform's restrictive speech policies. He has also fired around three quarters of Twitter's staff and introduced a controversial paid subscription model.