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Elon Musk to temporarily take over as Twitter CEO, sources reveal

Alex Coin
May 6, 2022
Reading Time: 3 mins read
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According to sources quoted by the CNBC, Musk will take over the management of Twitter temporarily, at least until he chooses a person to lead the social network a network refers to all nodes in the operation of a blockchain at any given moment in time. in the course he has in mind.

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***

A report published today by the news network CNBC indicates that, the eccentric billionaire who recently bought out Twitter Elon Musk, who will become the CEO of the social network at least temporarily.

Will Elon Musk temporarily be the CEO of Twitter?

According to the report published by the CNBC, this thesis was confirmed by sources with knowledge of the case on condition of anonymity, who revealed this information to the co-host of the show“Squawk on the Street”David Faber. With this, Musk is expected to take the place currently occupied by Parag Agrawal, current CEO of Twitter who assumed his position after the departure of Jack Dorsey from the company.

So far the overt plans for Twitter by Musk have focused mainly on ensuring the rights of users in terms of freedom of expression, so he wants to give a different approach to the social network, even thinking about implementing verification measures so that there are no inorganic accounts and / or bots automated software that can carry out tasks such as cryptocurrency trades. responsible for generating spam content. However, no mention had been made about possible changes in relation to the operational positions held by current workers.

Change change — a concept relevant to cryptocurrencies that use the UTXO model — is the number of coins sent back to a user after they use their unspent outputs to initiate a transaction. in the course of Twitter

Let’s keep in mind that Agrawal has only led the company since November of last 2021, so so far he has not promoted changes that are especially striking for users of the social network. It is worth noting that in previous reports, Musk said he had a new CEO in mind to lead the company. Twitter, but did not reveal the name of the possible candidate.

What did seem to be clear to Argawal was that after the transfer of Twitter The company would most likely take a different direction than it has taken to date, as he commented as follows:

“Once the deal closes, we don’t know what direction the platform a place to buy, sell and store cryptocurrency will go in.”

Too much work for Musk?

Regarding the changes Musk has in mind, Faber indicated that the new owner of Musk’s Twitter had reportedly expressed to investors his dissatisfaction with Twitter’s earnings, feeling that the company has “too many engineers who don’t do enough. Here the presenter quoted the anonymous anonymity is when something is not known or named. sources, and assured that among the plans of the new owner is to attract new talent.

The fact that Musk is taking over Twitter adds another important position to the ones he already holds. Keep in mind that the eccentric entrepreneur is already listed as CEO of Tesla y SpaceX, two of the most prominent companies in current times, which is why some doubt whether it will be possible for him to adequately perform such duties.

Let’s also take into account an account is essentially a whose purpose is to track the financial activities of a specific asset/ that Twitter requires a CEO who can take on full-time, and this was the reason that forced Dorsey to step down from his position so he could focus fully on Block, his digital digital technologies are these electronic tools that have the ability to generate, store or even process data. payments company formerly known as Square.


  • Binance backs Elon Musk in Twitter acquisition with $500 million investment
  • Twitter has been miscounting its daily users, and Musk’s payout is still pending
  • Jack Dorsey praises Musk for buying Twitter: “Elon is the singular solution I trust.”

Source: CNBC , El Financiero

Version by Angel Di Matteo / DiarioBitcoin

Imagen de Unsplash

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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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