Search Site

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Musk polls Twitter users on his future as CEO

In Twitter exchanges with followers, Musk said he did not have a replacement lined up. (AFP)
  • In Twitter exchanges with followers, Musk said he did not have a replacement lined up
  • In a downbeat response, Musk said Twitter was "in the fast lane to bankruptcy

San Francisco, United States– Elon Musk appeared to put his future in charge of Twitter on the line, posting a poll asking whether he should step down and vowing to abide by the results.

“Should I step down as head of Twitter?” he tweeted, asking the site’s users to click yes or no.

“I will abide by the results of this poll.”

With four hours until the end of the poll on Monday, 56.7 percent of nearly 14 million respondents had voted yes.

In Twitter exchanges with followers, Musk said he did not have a replacement lined up.

“No one wants the job who can actually keep Twitter alive. There is no successor,” he said.

Making a “fun suggestion” to Musk, MIT research scientist Lex Fridman offered to run the platform for a bit for no salary.

In a downbeat response, Musk said Twitter was “in the fast lane to bankruptcy.”

“You must like pain a lot. One catch: you have to invest your life savings in Twitter and it has been in the fast lane to bankruptcy since May. Still want the job?” Musk asked.

The unpredictable billionaire posted the poll shortly after apparently acknowledging he had made a mistake banning Twitter users from promoting their accounts on rival social media platforms.

“Going forward, there will be a vote for major policy changes. My apologies. Won’t happen again,” he tweeted.

The sudden shift in the rules was the latest in a series of controversial changes made by Musk since he took over the company in October — upheaval that has led a growing number of users to encourage followers to view their posts on other sites.

Twitter had announced that the company would “no longer allow free promotion of specific social media platforms.”

Users would thus be barred, for example, from posting “Follow me @username on Instagram,” Twitter said.

Twitter co-founder Jack Dorsey questioned the new policy with a one-word tweet: “Why?”

After some notable accounts were suspended under the new policy, including tech investor Paul Graham, Musk tweeted that instead of considering individual tweets, the policy would be limited to “suspending accounts only when that account’s *primary* purpose is promotion of competitors.”