{"id":41886,"date":"2022-12-21T11:58:59","date_gmt":"2022-12-21T11:58:59","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo"},"modified":"2022-12-21T12:32:26","modified_gmt":"2022-12-21T12:32:26","slug":"musk-to-step-down-as-twitter-ceo","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo","title":{"rendered":"Musk to step down as Twitter CEO"},"content":{"rendered":"

Africa-Press – Uganda. <\/strong><\/span>Elon Musk said Tuesday he would resign as chief executive of Twitter once he finds a replacement, in apparent response to a poll he launched that suggested users wanted him to step down.<\/p>\n

Musk has fully owned Twitter since October 27 and has repeatedly courted controversy as CEO, sacking half of its staff, readmitting far-right figures to the platform, suspending journalists and trying to charge for previously free services.<\/p>\n

“I will resign as CEO as soon as I find someone foolish enough to take the job!” Musk tweeted, saying he will then only run software and server teams at Twitter.<\/p>\n

In the poll results which were posted on Monday, 57 percent of voters, or 10 million votes, favored Musk stepping down just weeks after he took ownership of the company for $44 billion.<\/p>\n

Musk has used the Twitter polls to take other decisions on the platform, including the reinstatement of the account of former US president Donald Trump and other suspended users.<\/p>\n

Earlier this week he used a laughing emoji to ridicule a report he was in search of someone to take over as boss of Twitter, and tweeted that “no one wants the job who can actually keep Twitter alive.”<\/p>\n

Analysts have pointed out that the stock price of his electric car company Tesla has slumped by one-third since Musk’s Twitter takeover, and some suggest Tesla’s board was putting pressure on him to quit his Twitter role.<\/p>\n

“Finally a good step in the right direction to end this painful nightmare situation for Tesla investors,” said Wedbush analyst Dan Ives on Tuesday.<\/p>\n

In discussions with users after posting his latest poll, Musk had renewed his warnings that the platform could be heading for bankruptcy.<\/p>\n

Policy by poll? <\/b><\/p>\n

The unpredictable entrepreneur posted his poll on his resignation shortly after trying to extricate himself from yet another controversy.<\/p>\n

On Sunday, Twitter users were told they would no longer be able to promote content from other social media sites.<\/p>\n

But Musk seemed to reverse course a few hours later, writing that the policy would be limited to suspending accounts only when that account’s “primary purpose is promotion of competitors.”<\/p>\n

The attempted ban prompted howls of disapproval and even bemused Twitter cofounder Jack Dorsey, who had backed Musk’s takeover.<\/p>\n

Analyst Ives noted that “advertisers have run for the hills and left Twitter squarely in the red ink potentially on track to lose roughly $4 billion per year.”<\/p>\n

Shortly after taking over the platform, Musk announced it would charge $8 per month to verify account holders’ identities, but he had to suspend the “Twitter Blue” plan after an embarrassing rash of fake accounts. It has since been relaunched.<\/p>\n

On November 4, with Musk saying the company was losing $4 million a day, Twitter laid off half of its 7,500-strong staff.<\/p>\n

Musk also reinstated Trump’s account — though the former US president indicated he had no interest in the platform — and said Twitter would no longer work to combat Covid-19 disinformation.<\/p>\n

In recent days, he suspended the accounts of several journalists after complaining some had published details about the movements of his private jet, which he claimed could endanger his family.<\/p>\n

Some of the suspended accounts have since been reactivated.<\/p>\n

On Monday, the head of the European Parliament, speaker Roberta Metsola, sent a letter to Musk inviting him to testify before the legislature, her spokesman said.<\/p>\n

The parliament has no power to compel Musk to turn up, and his response was not immediately known.<\/p>\n

For More News And Analysis About Uganda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. Elon Musk said Tuesday he would resign as chief executive of Twitter once he finds a replacement, in apparent response to a poll he launched that suggested users wanted him to step down. Musk has fully owned Twitter since October 27 and has repeatedly courted controversy as CEO, sacking half of its […]<\/p>\n","protected":false},"author":84,"featured_media":41885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,240,234],"class_list":["post-41886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nMusk to step down as Twitter CEO - Uganda<\/title>\n<meta name=\"description\" content=\"Elon Musk said Tuesday he would resign as chief executive of Twitter once he finds a replacement, in apparent response t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Musk to step down as Twitter CEO\" \/>\n<meta property=\"og:description\" content=\"Elon Musk said Tuesday he would resign as chief executive of Twitter once he finds a replacement, in apparent response t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-21T11:58:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-21T12:32:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2022\/12\/postQueueImg_1671611352.00.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1160\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Musk to step down as Twitter CEO\",\"datePublished\":\"2022-12-21T11:58:59+00:00\",\"dateModified\":\"2022-12-21T12:32:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo\"},\"wordCount\":595,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2022\/12\/postQueueImg_1671611352.00.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/musk-to-step-down-as-twitter-ceo\",\"name\":\"Musk to step down as Twitter CEO - 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