Elon Musk announces that he will soon release the reins of Twitter after delaying – Liberation
What is promised is what is needed. After a long moment of silence and then blowing the whistle on what he intended to be an inquiry into, he finally announced on Tuesday that he would be stepping down as head of Twitter. there is “I found someone crazy enough” to succeed him. On Monday, the billionaire asked the social network’s users whether he should step down as head of the platform after weeks of tension and procrastination over the network’s future after its $44 billion takeover. By committing once again to honor the vox populi. Trouble is, this time the results didn’t go his way: 57.5% of the platform’s roughly 17 million users said they were in favor of him going.
Should I resign as head of Twitter? I will follow the results of this inquiry.
— Elon Musk (@elonmusk) December 18, 2022
From Doha, where he attended Sunday’s World Cup final in the United States later on Monday, Elon Musk initially remained silent before reacting to tweets suggesting that was the result of the poll. as a result of a machination, and then an army of bots that distort the result. Earlier on Tuesday, the head of Twitter, for example, retweeted the result of an opinion poll conducted by the HarrisX institute with a sample of the platform’s own users, which gave 61% of people. gave an interview in favor of keeping him as CEO. “Interesting, this suggests a small bot problem on Twitter” The owner of the platform then reacted in response to the institute’s tweet presenting the results and then seemed to consider staying at the top of the social network. By the way, we believe that any new request will be for paid Twitter users.
Is Musk already looking for a replacement ahead of the poll?
In the process, several American media, citing anonymous sources, ensured that Musk was indeed looking for a replacement before the start of the survey, but the billionaire reacted with a simple mocking emoji through his platform. Still, those rumors and the survey’s outcome initially appeared to be welcomed by investors, with Tesla shares rising even amid growing criticism of Musk’s focus on the technology.
Conversely, signs of the social network’s boss refusing to leave were poorly received: Tesla’s stock ended Tuesday’s session down more than 8% ahead of the impending departure announcement. In three months, the maker’s name has lost nearly 55% of its value on Wall Street, and more than 33% since the Twitter takeover.
Twitter is heading for bankruptcy
Especially since the social network is no better: in eight weeks, the company has seen a number of advertisers withdraw from the risk represented for brands by the billionaire’s desire to reduce content moderation there. . The group would even “On the Fast Track to Bankruptcy”, Musk assured in his message. Since late October, the Tesla and SpaceX boss has caused controversy by laying off half of Twitter’s staff, restoring suspended accounts, especially Donald Trump’s, after the poll, suspending journalists’ accounts, and more. intends to launch a new paid subscription.
Last week, Elon Musk deleted and then restored the accounts of several American journalists CNNof New York Times and Washington post especially the reaction of the European Union and the UN. On Sunday, it was the new rules that made it impossible to post a link to a competing network like Facebook, Instagram or Mastodon, which caused confusion among users, including co-founder and former boss Jack Dorsey. From Twitter. After some accounts, including investor Paul Graham’s, were suspended under the new rule, Musk confirmed his decision and limited the suspension to only those who? “The main goal is to encourage competitors”.