Twitter Inc. will have a new CEO soon, and this was announced by Elon Musk himself. While the current chief of the social media company did not mention a name, he used a gender-specific pronoun of “she.”
Apparently, Musk has picked a woman to lead Twitter which has been renamed X Corp. The billionaire made the announcement via a social media post and said that she would start working for the company in six weeks.
“Excited to announce that I have a new CEO for X/Twitter. She will be starting in 6 weeks!” he tweeted on May 12. “My role will transition to being executive chair and chief technology officer (CTO), overseeing product, software & sysops.”
Musk acquired Twitter last year, and he has been its CEO since then. He already said before that he will find someone to replace him since his post is not permanent.
Associated Press News also reported that just a few weeks after acquiring the social media platform for $44 billion, the Tesla and SpaceX owner told a federal court in Delaware that he does not want to be the chief executive of any company. He also said that he will find someone else to lead Twitter.
In December 2022, Musk posted another tweet saying he will immediately resign as soon as he finds a new CEO who is “foolish enough to take the job.” This post was in response to the calls of Twitter users asking him to step down.
It appears that he is keeping his promise and handing over the CEO role to the still unnamed executive, although Financial Times reported that Musk is in talks with Linda Yaccarino to be the new Twitter chief. She is said to be the head of advertising at NBCUniversal.
FT contacted Yaccarino for comments, but she did not reply to an email, so there is no confirmation yet if she is indeed the replacement that Musk has hired.
Photo by: Alexander Shatov on Unsplash


Moscow Exchange to Launch Crypto Trading on December 1
Disney Expands Infinity Vision to Challenge Imax
Zcash Plans Quantum-Resistant Security Upgrade for January
Amazon Cuts More Jobs as AI Investment Expands
Florida Seeks Tougher Meta Rules to Protect Young Users
Ledger Investigates Alleged $86 Million Crypto Wallet Theft
XRP Ledger Activates New Security Feature for Banks and Stablecoins
Tencent Shares Fall as $5 Billion AI Bond Sale Weighed
JPMorgan CEO Jamie Dimon Warns Mythos AI Raises Cyber Risk Tenfold
Broadcom, Oracle and SpaceX Seek Billions in Private Debt for AI Expansion
Morgan Stanley Raises Coinbase Stock Price Target to $258 Ahead of Earnings
Anthropic Launches Claude Dashboards and Motion AI Tools
LG Electronics Shares Slide as Q3 Profit Misses Estimates
DWF Labs Sues BitGo for $114 Million Over Alleged Token Sales Breach
David Schwartz to Reveal XRP Ledger Future at Ripple Swell 2026
SpaceX Seeks $40 Billion for Nvidia AI Chips
MSTR Stock Rises as Barclays Raises Price Target to $175 



