Re:Musk Confirms He’ll Resign as Twitter CEO After Successor...
by brarsanmol on Tuesday December 20, 2022 @09:47PM
(#34076096)
I assume he is doing this to save the value of Tesla stock. Its value has dropped by 20% in the past month and by 40% in the past 6 months.
Edit:
Another consideration -- Is this even worth it at this point? Will advertisers return to a platform that has shown rash decision making in terms of content moderation and policy changes?
It takes years to foster that trust and Musk has undone much of that in a matter of a month or so.
Re:Musk Confirms He’ll Resign as Twitter CEO After Successor...
by UncleOxidant on Tuesday December 20, 2022 @10:23PM
(#34076270)
Yeah, I assume the whole poll about whether he should resign as CEO of twitter was to placate TSLA investors... but then he goes and says he'll run Twitter software & servers when the new CEO takes over. That's not gonna make TSLA investors feel warm & fuzzy.
Re:Musk Confirms He’ll Resign as Twitter CEO After Successor...
by notacoward on Tuesday December 20, 2022 @10:01PM
(#34076165)
Now he says he'll "just" run the software and server teams. And be owner, of course. That leaves not even the possibility that the new CEO will be anything but a figurehead, there to take the blame for whatever Musk decides.
Edit:
Another consideration -- Is this even worth it at this point? Will advertisers return to a platform that has shown rash decision making in terms of content moderation and policy changes?
It takes years to foster that trust and Musk has undone much of that in a matter of a month or so.