Elon Musk has announced he is stepping down as CEO of Twitter.
The billionaire entrepreneur, who acquired the social media company in a deal worth $44 billion at the end of October, issued a statement in a tweet Tuesday night, saying that once the new CEO takes over, he will “run the software and the server team. “
The decision to step down as CEO came after Musk conducted a Twitter poll last week asking, “Should I step down as the head of Twitter?” He added at the same time that he would follow the results of the polls.
More than 17 million people voted in the poll, with 57.5% saying he should resign and 42.5% saying he should stay in office.
Musk remained silent on the matter until Tuesday, but for the first time since the polls closed, he acknowledged respecting the results and bringing in someone to run Twitter.
Of course, at this point, no one knows how long it will take to find someone willing to take on the task of fixing things on Twitter. Additionally, it will be interesting to see if Musk continues to strike from behind the scenes, as many believe it may already be.
ever since Musk buys Twitter In less than two months, there’s been a lot going around the platform, including massive staff layoffs, the resurrection of thousands of previously banned accounts, confusion over the premium Twitter Blue tier, and the recent ban (and subsequent resurrection). confusion and controversy swirled. of accounts belonging to journalists who were critical of Musk.
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