Elon Musk’s run as Twitter CEO comes to an end, billionaire to step down in few weeks. Twitter CEO Elon Musk has decided to step down from the post. The billionaire has decided not to function as Twitter CEO after a few weeks.
Musk shared the development in a tweet on Friday, and said, “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!.”
He did not name the person but announced that the new CEO will take charge in about six weeks.
The decision will mark Elon’s new role as executive chair and CTO.
Musk declared that he will be overseeing products, software, and sysops in foreseen future.
The news came after the outgoing CEO announced adding another update to Twitter allowing its verified users to have early access to encrypted messaging service.
The update is currently available only for verified users.
Earlier on May 11, Musk shared a tweet updating about the early version of the encrypted messaging being launched. “Early version of encrypted direct messages just launched. Try it, but don’t trust it yet,” his tweet read.
As earlier reported the business tycoon announced on Wednesday that users can direct message reply to any message in the thread with emojis. Moreover, Twitter is going to introduce voice and video chat on its platform in the coming days for better communication.
Musk tweeted, “With the latest version of the app, you can DM reply to any message in the thread (not just the most recent) and use any emoji reaction.
The release of encrypted DMs V1.0 should happen tomorrow. This will grow in sophistication rapidly. The acid test is that I could not see your DMs even if there was a gun to my head.
Coming soon will be voice and video chat from your handle to anyone on this platform, so you can talk to people anywhere in the world without giving them your phone number.”
Elon mentioned that the DM facility will be in action from May 11.
This announcement came a day after Twitter is going to remove the accounts with ‘no activity for several years.’
“We’re purging accounts that have had no activity at all for several years, so you will probably see followers count drop,” Elon Musk said in a tweet on Monday.
Recently, there have been news reports and discussions about Twitter’s decision to remove the blue checkmarks, or blue ticks, from the accounts of several celebrities. This move has garnered attention and generated discussions regarding the criteria and process for verification on the platform.
The specific reasons for the removal of these blue ticks from celebrity accounts may vary and can include factors such as changes in Twitter’s verification policies or updates to the eligibility criteria for verification.
However, it’s important to note that my knowledge cutoff is in September 2021, and I might not have the most up-to-date information on recent events. I recommend checking reliable news sources or Twitter’s official announcements for the latest updates on this matter.
The blue tick, or blue checkmark, on Twitter, was initially introduced as a means of safeguarding well-known individuals from impersonation and addressing the spread of misinformation.
By verifying the authenticity of accounts belonging to celebrities, politicians, companies, brands, and news organizations, Twitter aimed to provide users with a reliable way of identifying legitimate accounts associated with public figures and entities.
This verification process helped enhance trust and credibility on the platform by distinguishing genuine accounts from impostors or parody accounts.
According to a post made by Twitter in March, they announced that on April 1st, they would start phasing out their previous verified program and removing the existing legacy verified checkmarks.
To retain the blue checkmark on Twitter, individuals were encouraged to sign up for Twitter Blue, which likely provided an alternative method for verification or access to additional features on the platform.
Twitter introduced the blue check mark system in 2009 to help users distinguish genuine accounts from impostors or parody accounts. Initially, the verification process was aimed at identifying celebrities, politicians, companies and brands, news organizations, and other accounts “of public interest.” The verification service was provided by Twitter without any charges.
Regarding recent developments, Elon Musk made an announcement on April 30 that Twitter will be introducing a new feature starting in May. This feature will enable media publishers to implement a per-article payment model, allowing users to be charged with a single click for accessing specific articles.
The introduction of this feature aims to provide users who are not inclined to subscribe to a monthly plan with an option to pay a higher price per article for occasional reading.
“In a tweet, he announced the upcoming launch of a new platform scheduled for next month. This innovative platform will empower media publishers to implement a per-article payment model with a simple click.
This approach accommodates users who prefer not to commit to a monthly subscription by offering them the option to pay a slightly higher price for individual articles they wish to read occasionally.
The introduction of this system is expected to bring substantial benefits to both media organizations and the general public.”
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