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San Francisco:
Elon Musk is predicted to nominate new product management inside Twitter, and met over the weekend with shut pals and advisors on how finest to vary the service he simply purchased for $44 billion.
Twitter’s most senior product executives are unlikely to remain on the firm with Musk in cost, in keeping with individuals conversant in the corporate who requested to not be recognized as the data is non-public. The brand new proprietor is probably going changing Nick Caldwell, Twitter’s head of engineering, and Jay Sullivan, basic supervisor for each client and income product, as he revamps the corporate and management crew. Caldwell up to date his public Twitter bio to incorporate the phrase “former,” whereas Sullivan deleted his bio completely.
Musk, Caldwell and Sullivan did not reply to requests for remark. Twitter declined to remark.
It isn’t clear who will in the end take over however Musk has turned to previous pals for recommendation within the first few days of his Twitter possession. He is been assembly recurrently with David Sacks, a buddy from his PayPal days; Jason Calacanis, a buddy and investor; and Sriram Krishnan, a former Twitter government and present basic companion on the enterprise agency Andreessen Horowitz.
The group has been discussing Twitter’s product technique, although it is unknown if any of them will probably be full-time leaders on the firm. Each Calacanis and Sacks have Twitter electronic mail addresses within the firm’s inner listing, and Krishnan tweeted Sunday that he is nonetheless “very a lot in my day job” at Andreessen Horowitz.
Musk has additionally proven curiosity in bringing again Kayvon Beykpour, Twitter’s former head of product, who was simply fired in Might, in keeping with three of the individuals. It is unclear if Beykpour will return.
New product management at Twitter is only one of quite a few anticipated adjustments on the firm following Musk’s latest takeover.
Bloomberg has reported that quite a few senior leaders, together with CEO Parag Agrawal, have been fired, with Musk changing into interim CEO. Workers are bracing for extra widespread layoffs as quickly as this week, with some managers spending the weekend compiling lists of staff to chop.
Whoever Musk picks to take over product could have an essential position in shaping one of many world’s most influential on-line platforms. Musk has promised main adjustments at Twitter, together with a larger concentrate on subscriptions, fewer content material restrictions, and the opportunity of a number of algorithms for various timelines. He is additionally contemplating charging customers for blue verification badges, in keeping with Platformer.
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