Musk's run as Twitter CEO comes to 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 weeksMusk shared the development in a tweet on Friday and said Excited to announce that Ive hired a new CEO for XTwitter She will be starting in 6 weeksHe did not name the person but announced that the new CEO will take charge in about six weeksThe decision will mark Elons new role as executive chair and CTOMusk declared that he will be overseeing products software and sysops in foreseen futureThe news came after the outgoing CEO announced of adding another update to Twitter allowing its verified users to have early access to encrypted messaging serviceAlso Read Elon Musk reclaims position as worlds richest personThe update is currently available only for verified usersEarlier 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 dont trust it yet his tweet readAs 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 communicationMusk tweeted With latest version of app you can DM reply to any message in the thread not just most recent and use any emoji reaction Release of encrypted DMs V10 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 numberElon mentioned that the DM facility will be in action from May 11This announcement came a day after Twitter is going to remove the accounts with no activity for several yearsWere 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 MondayA few days back Twitter was in the headlines as several celebrities lost blue tick from their accountsThe blue tick served as a way of protecting wellknown individuals from impersonation and tackling false informationOn April 1st we will begin winding down our legacy verified program and removing legacy verified checkmarks To keep your blue checkmark on Twitter individuals can sign up for Twitter Blue Twitter said in a post in MarchTwitter first introduced the blue check mark system in 2009 to help users identify that celebrities politicians companies and brands news organizations and other accounts of public interest were genuine and not impostors or parody accounts The company didnt previously charge for verification Following this blue tick fiasco Musk announced on April 30 that Twitter will allow media publishers to charge users on a perarticle basis with one click from MayHe tweeted Rolling out next month this platform will allow media publishers to charge users on a perarticle basis with one click This enables users who would not sign up for a monthly subscription to pay a higher perarticle price for when they want to read an occasional article Should be a major winwin for both media orgs amp the publicThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever