Wall Street Applauds Elon Musk’s New Twitter Chief

Elon Musk announces he’s found a new general manager for Twitter without revealing son Identity According to the Wall Street Journal, it will be Linda Iaccarino, NBCUniversal’s head of publicity. The announcement immediately boosted Twitter and Tesla shares on Wall Street. Elon Musk hasn’t finished surprising us yet. This Thursday, the Twitter boss surprised the world by announcing that he had found a replacement to run Twitter. Without disclosing son name, he indicated that she would take office at about six weeks and that he will become executive chairman and chief technology officer. The announcement comes after months of Twitter turmoil, marked by massive layoffs, changes in strategy and name (the group is now called X Corp), and content moderation controversy. Elon Musk, who calls himself a “free speech absolutist,” has reinstated several suspended accounts, including those of Donald Trump and misogynist Andrew Tate. The billionaire has already hinted that he wants to leave direction Twitter, after consultation with netizens social poll in December. More than half of them voted for son departure. He said at the time that he would quit as soon as he “finds someone crazy enough” to take the job. According to the Wall Street Journal, Linda Iaccarino, NBCUniversal’s current head of advertising, will be the new chief executive of Twitter. She was chosen for son experience in the field of digital media and the ability to innovate in measuring the effectiveness of advertising. She also reportedly played a key role in launching Peacock’s streaming service. Linda Iaccarino’s nomination, if confirmed, could be a turning point for Twitter, which is looking to resurrect after losing advertisers and users. face competition from other platforms such as Facebook or TikTok. She must also do face problems related to the regulation of hate content, protection privacy and the fight against disinformation. Elon Musk’s statement was welcomed by the financial markets, who saw this change. direction a positive sign for the future of Twitter and Tesla, the billionaire’s other flagship company. Tesla shares jumped more than 2% on Wall Street on Thursday, while Twitter shares gained nearly 5%.