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Wednesday
February 2023
9:50 PM IST
News Headlines
Selena Gomez sets record straight on her relationship status amid dating rumours        SC refuses to entertain plea challenging caste-based census in Bihar        Bangladesh police arrest six persons for selling fraud US visa stamps        Mumbai City FC on course to becoming ISL ‘Invincibles’        One held in Swati Maliwal case: Delhi Police        Congress takes dig at Modi over unemployment        Equalize        Mumbai City FC win 4-0 as Bengaluru FC’s misery deepens        Australia thrash undermanned England in first ODI        AIBEA decides to go ahead with Nov 19 bank strike, discussions with IBA & Managements fail        Erdogan announces extension of grain deal by 120 days        Musk hints at new chief for Twitter        PM to deliver opening address at 'No Money for Terror' event        Transparency, accountability are essence of governance in parliamentary democracy: Birla        Rajiv Gandhi assassination: Centre moves SC seeking review of its order on per-mature release of six convicts        Modi interacts with Biden, Sunak and Macron on sidelines of G20 summit        Rahul says only Congress can protect Constitution which is under constant attack from BJP        Centre misuses offices of Governors: Sitaram Yechury        Pollard announces IPL retirement, appointed as MI's batting coach        Twitter very slow in India: Elon Musk        
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International News
Musk hints at new chief for Twitter
 
San Francisco: Elon Musk has said he will reduce his time at Twitter eventually giving way to a new leader to run the social media company as added he hoped to complete an organisational restructuring this week.

Musk made the remarks while testifying in a Delaware court on Wednesday while defending against claims that his $56 billion pay package at Tesla Inc was based on easy-to-achieve performance targets and was approved by a compliant board of directors.

However, Musk later said in a tweet that he will continue to run Twitter until it is in a strong place, though it will “take some time”.

Musk’s tweet came after former CEO Jack Dorsey said that he will not accept the role of Twitter CEO. In a reply to a Twitter user when asked if he would take the position of CEO, he said “nope.”

Tesla investors have been increasingly concerned about the time that Musk is devoting to turning around Twitter.

“There’s an initial burst of activity needed post-acquisition to reorganise the company,” Musk said in his testimony. “But then I expect to reduce my time at Twitter.”

Musk also admitted that some Tesla engineers were assisting in evaluating Twitter’s engineering teams, but he said it was on a “voluntary basis” and “after hours”, a report in Dawn said.

The billionaire’s first two weeks as Twitter’s owner has been marked by rapid change and chaos. He quickly fired Twitter’s previous CEO and other senior leaders and then laid off half its staff earlier this month.

Musk sent an email to Twitter employees early on Wednesday, telling them they needed to decide by Thursday whether they wanted to stay on at the company to work “long hours at high intensity” or take a severance package of three months of pay.


Bangladesh police arrest six persons for selling fraud US visa stamps
Erdogan announces extension of grain deal by 120 days
Modi interacts with Biden, Sunak and Macron on sidelines of G20 summit
PM Modi arrives in Bali for G20 Summit and bilateral meetings with key world leaders
Biden says US will 'vigorously' compete with China
Biden admin committed to work with India on its transition away from Russia: White House
Time to act faster on climate change: Rishi Sunak at COP27
Imran Khan-led march against Pak govt to resume Tuesday, discharged from hospital
Massive missile strike by Russia on major Ukraine cities
Stampede kills 8 at concert in DR Congo
UN chief welcomes forming of new govt in Iraq
Erdogan vows to adopt new Turkish constitution in 2023
Boris Johnson pulls out of UK PM race, Rishi Sunak closer to victory
Rishi Sunak would beat Liz Truss if UK PM poll held now, survey finds
Imran Khan stuns PML-N-led ruling coalition in bypolls; wins 6 National Assembly seats
PM Shehbaz dubs Imran as greatest 'fraudster ever'
Imran demands end to 'reign of robbers' in Sindh
Aung San Suu Kyi sentenced to 3 yrs in prison
Fleeing Indians entering US from Mexico
North Korea fires unidentified ballistic missile
ENTERTAINMENT NEWS
Selena Gomez sets record straight on her relationship status amid dating rumours
 Washington: Actor-singer Selena Gomez has set the record straight on her relationship status amid re  
Ranveer Singh bags Filmfare Best Actor for '83'
RRR can hit theatres on Holi
King Khan returns to Insta after months of silence
KERALA NEWS
Top police official held in gang rape case
 Kozhikode: Police on Sunday arrested a Circle Inspector (station house officer) attached in Beypore
Rain likely to occur many places in Kerala
Two killed as car plunged into well
Kerala CM greet Oommen Chandy on his 79th birthday
NATIONAL NEWS
One held in Swati Maliwal case: Delhi Police
 New Delhi: A case has been filed at Kotla Mubarakpur Police Station and one person apprehended on th
PM to deliver opening address at 'No Money for Terror' event
Transparency, accountability are essence of governance in parliamentary democracy: Birla
Rahul says only Congress can protect Constitution which is under constant attack from BJP
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