World News | Musk says a woman will be the head of Twitter

washington [US]May 12 (ANI): Elon Musk is in talks to hire Linda Yaccarino, NBCUniversal’s chair of global advertising and partnerships, as Twitter’s CEO, The New York Times reports.

Talks are now in an advanced stage, the people said, speaking on condition of anonymity, according to The New York Times. They said Yaccarino had been in discussions with Musk for weeks. Jacarino interviewed Musk at an ad campaign in Miami last month.

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Earlier Thursday, Musk said he had chosen a CEO for Twitter, but did not identify her.

In a tweet, he wrote, “She will start in about 6 weeks!” He added that he would stay on as executive chairman and “CTO,” usually referring to chief technology officer, who would still oversee Twitter’s products and services. software.

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Musk and Jacarino did not respond to requests for comment, The New York Times reported.

The Wall Street Journal reported earlier that Yacarino was in talks with Musk.

Musk, who bought Twitter for $44 billion last year, will retain a firm grip on the company even if he names a chief executive.

As Twitter’s owner, he made his mark on the company by laying off more than 75% of its 7,500 employees, installing his own leaders and changing the service’s features and strategy. He also took Twitter private, meaning he didn’t have to disclose company information to the public.

The outgoing CEO recently announced another update to Twitter, allowing its verified users early access to the encrypted messaging service.

The update is currently only available to verified users.

Earlier on May 11, Musk shared a tweet updating an early version of encrypted messaging that was rolling out. “Early version of encrypted direct messages just rolled out. Try it, but don’t trust it,” he tweeted. (Arnie)

(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)