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Saturday, July 27, 2024

Elon Musk announces the new CEO of Twitter

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Linda Yacarino, a former head of NBC Universal’s advertising department, was hired by Musk and modernized the media company’s advertising division.

Elon Musk, the current CEO of Twitter, said in a tweet that Linda Yaccarino, the former head of NBCUniversal’s advertising division, will take over as the social media platform attempts to reverse a decline in ad income.

“I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk said on Friday. “@LindaYacc will focus primarily on business operations, while I focus on product design & new technology.”

Yaccarino, who modernised the advertising industry at Comcast Corp’s entertainment and media division, will have a number of difficulties when she takes on a company that is heavily indebted.

Musk has fired tens of thousands of workers, hurried the release of a subscription service that allowed fraudsters to pose as well-known businesses, and punished users he didn’t agree with.

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