Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organizational restructuring this week.
Musk made the remarks while testifying in a Delaware court to defend 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 reorganize 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.”
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 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. (Reporting by Hyunjoo Jin and Tom Hals; Additional reporting by Akanksha Khushi. Writing by Sheila Dang; Editing by Chizu Nomiyama, Richard Chang and Dhanya Ann Thoppil)
Elon Musk says he will find a new leader for Twitter
https://arab.news/y4jx5
Elon Musk says he will find a new leader for Twitter
- Musk’s anouncement in a tweet came after former CEO Jack Dorsey said that he will not accept the role of Twitter CEO
- Tesla investors have been increasingly concerned about the time that Musk is devoting to turning around Twitter
Foreign press group welcomes Israel court deadline on Gaza access
- Supreme Court set deadline for responding to petition filed by the Foreign Press Association to Jan. 4
- Since the start of the Gaza war in October 2023, Israeli authorities have prevented foreign journalists from independently entering the Strip
JERUSALEM: The Foreign Press Association in Jerusalem on Sunday welcomed the Israeli Supreme Court’s decision to set January 4 as the deadline for Israel to respond to its petition seeking media access to Gaza.
Since the start of the Gaza war in October 2023, sparked by Palestinian militant group Hamas’s attack on Israel, Israeli authorities have prevented foreign journalists from independently entering the devastated territory.
Israel has instead allowed, on a case-by-case basis, a handful of reporters to accompany its troops into the blockaded Palestinian territory.
The Foreign Press Association (FPA), which represents hundreds of foreign journalists in Israel and the Palestinian territories, filed a petition to the supreme court last year, seeking immediate access for international journalists to the Gaza Strip.
On October 23, the court held a first hearing on the case, and decided to give Israeli authorities one month to develop a plan for granting access.
Since then the court has given several extensions to the Israeli authorities to come up with their plan, but on Saturday it set January 4 as a final deadline.
“If the respondents (Israeli authorities) do not inform us of their position by that date, a decision on the request for a conditional order will be made on the basis of the material in the case file,” the court said.
The FPA welcomed the court’s latest directive.
“After two years of the state’s delay tactics, we are pleased that the court’s patience has finally run out,” the association said in a statement.
“We renew our call for the state of Israel to immediately grant journalists free and unfettered access to the Gaza Strip.
“And should the government continue to obstruct press freedoms, we hope that the supreme court will recognize and uphold those freedoms,” it added.
An AFP journalist sits on the board of the FPA.
