Elon Musk claims he’s stepping down as Twitter CEO, will oversee item

Elon Musk claims he’s stepping down as Twitter CEO, will oversee item


An graphic of new Twitter operator Elon Musk is witnessed surrounded by Twitter logos in this image illustration in Warsaw, Poland on 08 November, 2022. 

STR | Nurphoto | Getty Visuals

Elon Musk claimed Thursday that Twitter is getting a new CEO and that he will transfer to a item and complex purpose.

Musk explained by using Twitter that the new CEO, an unnamed woman, would begin in about 6 months.

He added that he would changeover “to currently being exec chair & CTO, overseeing item, software program & sysops.”

Tesla shares jumped far more than 2% in a signal that buyers have been delighted about the move.

Musk, who is CEO of automaker Tesla and reusable rocket maker SpaceX, completed the $44 billion acquisition of Twitter on Oct. 28 and produced his mark there straight away. He fired the company’s top rated executives and laid off hundreds of workers.

This is breaking information. Be sure to check out again for updates.





Resource

Super Micro stock jumps 19% on guidance beat as revenue more than doubles
Technology

Super Micro stock jumps 19% on guidance beat as revenue more than doubles

Super Micro CEO Charles Liang speaks at the HumanX conference in Las Vegas on March 10, 2025. Big Event Media | HumanX | Getty Images Super Micro Computer shares jumped 19% in extended trading on Tuesday after the server maker issued strong guidance, although revenue for its fiscal third quarter came in below estimates. Here’s […]

Read More
Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’
Technology

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

Asha Sharma, CEO of Xbox at Microsoft, speaks to employees at an Xbox town hall in Redmond, Washington, on Feb. 24, 2026. Courtesy: Microsoft Microsoft Xbox CEO Asha Sharma told employees in a Tuesday memo that she’s appointing new leaders, as the software company looks to return its video game unit to growth. Sharma moved […]

Read More
Coinbase cuts headcount by 14% citing AI acceleration. The shares are gaining
Technology

Coinbase cuts headcount by 14% citing AI acceleration. The shares are gaining

Monitors display Coinbase signage during the company’s initial public offering at the Nasdaq MarketSite in New York City on April 14, 2021. Robert Nickelsberg | Getty Images News | Getty Images Coinbase CEO Brian Armstrong said Tuesday that the company will cut roughly 14% of its workforce, citing a combination of market volatility and AI […]

Read More