Elon Musk is now reportedly stepping down as the CEO of Twitter, a position he has held since he bought the company in a high profile deal costing tens of billions of dollars.
Elon Musk, the CEO of Twitter, announced his resignation from the position on Tuesday.
After asking Twitter users if he should “step down as head of Twitter” at the beginning of the week, Musk made his declaration.
17,502,391 people participated in the 12-hour survey, with 57.5% saying Musk should resign and 42.5% voting “no.”
Tuesday night, Musk provided an update on the situation, stating that he would leave Twitter once he finds a replacement and that he will concentrate on the company’s software and hardware.
Musk conducted the poll after receiving criticism on Sunday during the World Cup after the business announced that it will prohibit users from promoting their other social media profiles on other platforms.
During the World Cup, the business wrote a blog on the website that contained the policy.
“We recognize that many of our users are active on other social media platforms. However, we will no longer allow free promotion of certain social media platforms on Twitter,” the company announced in a statement.
Cross-posting from other platforms, including from the websites that were named, was not prohibited, according to the statement.
According to the company users would be able to pay to have their social media profiles promoted on other websites.
It does not appear that the proposed policy will be implemented however, due to the unprecedented backlash to the news.
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