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Crypto Market News: Billionaire Elon Musk on Friday confirmed the appointment of Linda Yaccarino as the brand new CEO of Twitter. This marks one more main change on the prime of Twitter management after Musk fired the management workforce when he took over the social media firm in October 2022. Musk mentioned the brand new CEO would focus totally on the corporate’s enterprise operations whereas he would himself proceed to concentrate on product design and new expertise. This is an fascinating growth for not simply Twitter and Tesla but additionally for the crypto market.
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The undeniable fact that Musk would proceed to supervise the expertise a part of Twitter might imply some risk of crypto funds integration on the platform. Already, the billionaire threw hints of getting crypto based mostly funds on the social media firm, in addition to his well-known affiliation with Dogecoin.
Elon Musk Announces Linda As New CEO
Musk made the announcement on Friday, hardly a day after revealing that he had employed a brand new CEO for Twitter. He had additionally mentioned Linda could be beginning on the new place in round six weeks. Musk made the most recent announcement:
“I am excited to welcome Linda Yaccarino as the new CEO of Twitter! Linda will focus primarily on business operations, while I focus on product design & new technology. Looking forward to working with Linda to transform this platform into X, the everything app.”
The introduced content material could embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.
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