Musk Finally Breaks Silence After Millions Vote In Favour Of Him Stepping Down As Twitter CEO

Owner and CEO of Twitter Elon Musk has tweeted for the first time since more than 10 million people voted in favour of him stepping down as Twitter’s chief executive. The billionaire on Sunday launched a Twitter poll asking if he should step down as chief executive – 57.% of users voted “yes”. Normally a prolific user of the platform, Musk did not tweet in the immediate hours after the poll. His silence was finally broken when he responded with “interesting” to multiple suggestions that the results of the poll were skewed by fake accounts. According to Musk only paid Twitter Blue subscribers will be able to vote in future policy-related polls.

Verification Badges: Twitter To Introduce Gold, Others

The Chief Executive Officer (CEO) and owner of Twitter, Elon Musk has announced that the social media platform would be introducing different colored verification badges to distinguish between different types of accounts on the platform. Musk tweeted this announcement on Friday from his official Twitter handle.

Jumia Co-Founders Step Down, New CEO Appointed

Sacha Poignonnec and Jeremy Hodara, the Co-founders of the e-commerce firm, Jumia Group have both stepped down as co-Chief Executive Officers (CEOs) with immediate effect while Francis Dufay would replace both co-founders as acting CEO. The previous Chief Financial Officer (CFO) of Jumia Group, Antoine Maillet-Mezeray has been promoted to Executive Vice President of Finance and Operations. This was disclosed in a statement by the company’s Supervisory Board, adding that the search for a replacement for the former CEOs was ongoing.

NITDA Warns Against Fraudulent NSIFP Website

The National Information Technology Development Agency (NITDA) under the Ministry of Communications and Digital Economy has warned Nigerians against the fraudulent National Start-ups Investment Fund Programme (NSIFP) website. This warning was contained in a statement by NITDA which advised Nigerians to ignore the website and confirm the legitimacy of websites before providing personal information.

Twitter Suspends ‘Blue Tick’ Verification

Twitter Inc suspended the issuance of the blue tick verification label on Friday after the social media platform was flooded by numerous impostor/parody accounts with the blue tick label. Parody accounts paid and subscribed for the blue tick but Musk’s own company, Tesla and SpaceX, as well as Nintendo, Lockheed Martin, amongst others, fell victim to impostors.

Facebook Parent Meta Plans To Lay Off Thousands Of Workers

Meta Platforms Inc. is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal (WSJ) reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday. Meta declined to comment on the WSJ report. Facebook parent Meta in October forecasted a weak holiday quarter and significantly more costs next year wiping about $67 billion off Meta's stock market value, adding to the more than half a trillion dollars in value already lost this year.