Latest / Elon Musk Podcast / Elon Musk Stepping Down As CEO of Twitter + Mastadon and Twitter Employee Quits

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Elon Musk Stepping Down As CEO of Twitter + Mastadon and Twitter Employee Quits · Elon Musk Podcast

• 0:01
  Elon Musk the CEO of Twitter. Posted a poll on Sunday, evening
• 0:04
  asking users whether he should stay the CEO or appoint.
• 0:08
  Someone else to the roll musk said that he would abide by the
• 0:11
  results. No matter how they turned out,
• 0:14
  but nearly 58% of participants said that musk should step down
• 0:18
  as the CEO. However, according to cnbc's,
• 0:22
  David Faber musk has been actively searching for a
• 0:25
  replacement even before posting the pole, in fact, the Search
• 0:30
  has reportedly been ongoing for some time.
• 0:33
  Now, in this news, comes after must disclose to investors
• 0:36
  earlier this year. The he also only expected to
• 0:40
  service Twitter CEO for a short period of time, but most
• 0:44
  recently must testified under oath, during a trial.
• 0:47
  For a lawsuit challenging, his pay package at Tesla that he
• 0:51
  doesn't really like being the CEO of any company.
• 0:55
  Let alone, Twitter musk is under increasing pressure from prom
• 1:00
  Tesla investors to appoint a Twitter success for Andre devote
• 1:04
  himself to the electric car company.
• 1:06
  Tesla stock price has continued to plummet, even as musk has
• 1:09
  actively discussed, finding a replacement, which suggests that
• 1:13
  he and his investors are in, for more difficulties, down the
• 1:16
  road, some potential candidates for the role of CEO include
• 1:20
  Jason calacanis, David Sachs and others who advise musk in the
• 1:25
  early days of his acquisition of the company and CNN even
• 1:28
  mentioned Jared Kushner. Schnur as a possibility, based
• 1:32
  solely on the fact that he was seen with Muscat, the final
• 1:35
  World Cup match in Qatar. And despite the pole, it seems
• 1:39
  that the CEO search may not be going.
• 1:41
  Well, as musk tweeted out that quote, no one wants the job who
• 1:45
  can actually keep Twitter alive. Now, it is possible that the
• 1:49
  pole was simply posturing in the decision on who will be the next
• 1:52
  CEO of Twitter was likely determined long before the poll
• 1:56
  was posted? However, it is also possible.
• 1:58
  That musk is attempting to Since users, that their voice matters
• 2:02
  in the decision-making process as he is previously responded to
• 2:05
  user complaints about suggestions on Twitter and turn
• 2:08
  them into real features in his electric vehicles.
• 2:11
  Overall, it seems that the search for a new CEO of Twitter
• 2:14
  is ongoing in the poll may have been away for musk to gauge
• 2:18
  public opinion on the matter. However, with Tesla stock price
• 2:21
  continuing to decline and investors calling for musk to
• 2:24
  refocus on Tesla, it remains to be seen what the future holds
• 2:28
  for both Twitter. And musk.
• 2:30
  The moving on to social media, decentralized, social media
• 2:33
  platform, Mastodon saw a significant increase in its user
• 2:37
  base from approximately 300,000 users monthly active users.
• 2:43
  To 2.5 million between October and November according to
• 2:47
  Macedon, CEO founder and lead, developer Eugene Rocco.
• 2:50
  This growth came shortly after Elon Musk.
• 2:53
  Officially took over Twitter and late October and Rocco.
• 2:57
  Also addressed Twitter's recent reversals on Banning the sharing
• 3:01
  of links to Macedon as well as the ongoing ban on the Elan jet
• 3:06
  account now. Rocco emphasize that mastodons
• 3:08
  decentralized model allows users to communicate directly with
• 3:11
  their audience without the need for a middleman and noted that
• 3:14
  journalists and government institutions should not have to
• 3:17
  rely on a private platform to reach the public in.
• 3:20
  Macedon is not the only alternative to Twitter that
• 3:23
  users are turning to as other options such as post, headed by
• 3:27
  former way, CEO, known Barden and Hive, which recently
• 3:31
  relaunched after addressing security issues, if also gained
• 3:35
  popularity, familiar social media platforms, such as
• 3:38
  Discord, Tumblr, and a Reddit are also being used as
• 3:41
  Alternatives. And despite this interest in
• 3:43
  alternative platforms, Twitter remains popular, as demonstrated
• 3:46
  by the more than Seventeen point, five million people who
• 3:50
  voted in musk's. Recent poll asking if he would
• 3:53
  step down. As CEO has also, claimed that
• 3:55
  Twitter usage is at an all-time high now.
• 3:58
  Rocco expressed confidence. In mastodons future stating that
• 4:02
  the platform is committed to improving its software, to meet
• 4:05
  the challenges of rapid growth and increasing demand added that
• 4:09
  Macedon is excited to show that the platform grows and becomes a
• 4:14
  household name in newsrooms around the world.
• 4:17
  With a focus on the importance of freedom of the press in a
• 4:20
  functional democracy, a Macedon is a decentralized social media
• 4:25
  platform that was created in 2016 by Rocco.
• 4:30
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• 6:49
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• 6:51
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• 6:54
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• 6:57
  Macedon is its emphasis on User privacy and control, the
• 7:02
  platform allows users to set their own privacy settings.
• 7:05
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• 7:09
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• 7:12
  certain types of contact such as hate speech and harrasment and
• 7:16
  in the recent months, Macedon has seen a significant increase
• 7:20
  in its user base. And many users have turned to
• 7:23
  Macedon as an alternative to Twitter seeking a platform, the
• 7:26
  values, privacy and user control and massive On has also gained
• 7:30
  attention for its role in supporting freedom of the press
• 7:33
  and journalism. The platform has been used by
• 7:35
  journalists to share their work and connect with readers.
• 7:38
  It has been embraced by newsrooms around the world as an
• 7:41
  alternative to traditional social media platforms.
• 7:44
  Mastodons growth highlights, the growing interest in
• 7:47
  decentralized social media platforms, and the desire for
• 7:50
  alternative options that prioritize user privacy and
• 7:54
  control. And as the platform continues to
• 7:56
  grow and evolve, it will be interesting to see how it shapes
• 7:59
  the future. Social media.
• 8:00
  And there's been a little Twitter drama going on recently
• 8:03
  with Geo hot, and it looks like George.
• 8:05
  Hotz AKA Geo hot his decided to leave his internship at Twitter.
• 8:10
  He announced his resignation on Tuesday evening, saying,
• 8:14
  appreciate the opportunity, but don't think there was a real
• 8:17
  impact I could have made here and Hots.
• 8:19
  Also mentioned that it was sad to see his GitHub withering.
• 8:23
  For those who don't know, Hots is known for being the first
• 8:26
  person to carrier unlock an iPhone and jailbreak.
• 8:29
  The PS3. He had previously offered to
• 8:32
  join Twitter on November 16th after expressing support for
• 8:36
  CEO. Elon Musk statement that the
• 8:38
  company would need to be extremely hard core.
• 8:42
  Hots hit said that this is the attitude that builds incredible
• 8:45
  things. He then accepted musk's
• 8:47
  invitation to join Twitter as an intern saying he would work for
• 8:51
  12 weeks in San Francisco. Now, according to Hots must gave
• 8:54
  him to test to complete during his internship, fixing Twitter,
• 8:58
  search and fix. The login pop-up that appears
• 9:02
  when you scroll Twitter while not logged, in hot said, he had
• 9:06
  12 weeks to finish these tasks which means he was at Twitter
• 9:09
  for about five and a half weeks of the 12 weeks tent.
• 9:14
  It's unclear of Hots was able to fix search, but it does seem
• 9:17
  that the login pop-up can now be closed.
• 9:20
  And users, can continue browsing Twitter without logging in it's
• 9:24
  worth noting that Hots had recently indicated, that he was
• 9:27
  considering living Twitter. He posted a poll but his
• 9:30
  Ointment at the company, similar to mosques recent CEO, poll, and
• 9:33
  asked if he could have any lasting impact at the company.
• 9:37
  Hats was also unhappy with Twitter.
• 9:39
  Short-lived policy, Banning links to Instagram and other
• 9:43
  social media platforms. Despite his early departure hot
• 9:47
  said he is still rooting for the success of Twitter 2.0.
• 9:50
  Now, I want to take a few seconds here and thank you so
• 9:53
  much for all of your support through this year.
• 9:56
  I know it's been a tough one for a lot of people to come out of
• 9:59
  last year. And into this year.
• 10:01
  So I'm just very thankful and happy that you're here with me.
• 10:04
  If you've enjoyed the show, please take a second and hit the
• 10:07
  Subscribe button. There's all sorts of Elon Musk
• 10:10
  stuff, Tesla Tech SpaceX everything involved with the on
• 10:16
  musk's world and the tech world will be covered in the show.
• 10:19
  So I want to say thanks to everybody again and also have a
• 10:23
  great New Year and have a great holiday.
• 10:25
  Take care. Bye, bye.