Elon Musk, who runs four other companies, will now be Twitter CEO

  • 📰 SABreakingNews
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Business News News

Elon Musk, who runs four other companies, will now be Twitter CEO: Tesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bought for $44bn (R802bn), a move that Wall Street analysts have said…

Musk, who also runs rocket company SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company, fired Twitter's previous chief Parag Agrawal and other top company officials last week, and has proposed revisions to the platform's user verification process, which has been free until now.

The billionaire said that introducing a price was the only way to defeat trolls and bots on the platform and that Twitter could not entirely rely on advertisers to pay its bills.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

More than wealthy, a god of money!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 41. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk, who runs four other companies, will now be Twitter CEOTesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bought for $44bn (R802bn), a move that Wall Street analysts have said could stretch the billionaire thin.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Elon Musk, who runs four other companies, will now be Twitter CEOTesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bought for $44bn (R802bn), a move that Wall Street analysts have said could stretch the billionaire thin.
Source: SowetanLIVE - 🏆 13. / 63 Read more »