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Elon Musk becomes CEO of Twitter

Now that the Twitter acquisition is complete, new owner Elon Musk is scrambling management. Several top executives received resignations and Musk has appointed himself CEO. Meanwhile, dissatisfied tweets are switching to the Mastodon social network.

After Tesla boss Elon Musk took ownership of the social media platform Twitter for $ 44 billion last week, he described himself on his profile as “Chief Twit”. A joke, because translated it sounds a bit like ‘supreme fool’. Meanwhile, a weekend has passed, Musk was at Heidi Klum’s Halloween party (see photo), and the Twit in question has been appointed CEO. That move comes after he tackled Twitter management with a rough brush. For example, CEO Parag Agrawal, Chief Financial Officer Ned Segal, and Vijaya Gadde, responsible for safety and moderation, were allowed to pack.

The Washington Post Meanwhile, he reported that Musk’s team, along with his regular attorney Alex Spiro, spent the weekend working on a plan to save more on staff. According to the newspaper, 25 percent of the more than seven thousand employees are expected to resign. This is in any case much less than the 75 percent that was circulating before. That percentage turned out to be an unconfirmed rumor. According to the Washington Post, the layoffs would affect all departments. In any case, the highest salaries are for sales people and engineers.

Detail: in relation to the latter, photos of two data engineers leaving the Twitter building with their cardboard box circulated on social media last weekend. It turned out to be a hit meme, an Internet joke, which not all media immediately noticed.

Mastodon

Meanwhile, Twitter users also appear to be concerned about the platform’s future and to what extent the new owner will extend free speech. It seems no coincidence that the Mastodon social network has seen more visitors in recent days. Mastodon, originally from Germany, was founded in 2016 and, like Twitter, is a microblogging platform in an open-source system. It works with decentralized servers that have their own rules of conduct. Kind of like the system of separate support groups. Sunday, Mastodon via Twitter know that 70,000 new users had registered. About Mastodon himself, the founder said Eugenio Rocco that his working days had never been as long as in the last few days.

Meanwhile, it’s unclear where Musk wants to go with his Twitter moderation. Recently he has given unequivocal and contradictory signals in this regard. In a message to advertisers, he assured that Twitter will definitely not become “everything goes to hell”: he will keep it clean. According to the Washington Post, that moderation was also an important part of last weekend’s intense consultation.

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