Elon Musk hopes to have Twitter CEO toward the end of year
Dubai (AP): Billionaire Elon Musk said Wednesday that he anticipates finding a CEO for Twitter "probably toward the end of this year."
Speaking via a video call to the World Government Summit in Dubai, Musk said making sure the platform can function remained the most important thing for him.
"I think I need to stabilize the organization and just make sure it's in a financial healthy place," Musk said when asked about when he'd name a CEO. "I'm guessing probably toward the end of this year would be good timing to find someone else to run the company."
Musk, 51, made his wealth initially on the finance website PayPal, then created the spacecraft company SpaceX and invested in the electric car company Tesla. In recent months, however, more attention has been focused on the chaos surrounding his
44 billion purchase of the microblogging site Twitter.
Meanwhile, the Ukrainian military's use of Musk's satellite internet service Starlink as it defends itself against Russia's ongoing invasion has put Musk off and on at the center of the war.
Musk offered a wide-ranging 35-minute discussion that touched on the billionaire's fears about artificial intelligence, the collapse of civilization and the possibility of space aliens. But questions about Twitter kept coming back up as Musk described both Tesla and SpaceX as able to function without his direct, day-to-day involvement.
"Twitter is still somewhat a startup in reverse," he said. "There's work required here to get Twitter to sort of a stable position and to really build the engine of software engineering."
Musk also sought to portray his takeover of San Francisco-based Twitter as a cultural correction.
"I think that the general idea is just to reflect the values of the people as opposed to imposing the values of essentially San Francisco and Berkeley, which are so somewhat of a niche ideology as compared to the rest of the world," he said. "And, you know, Twitter was, I think, doing a little too much to impose a niche."
Musk's takeover at Twitter has seen mass firings and other cost-cutting measures. Musk, who is on the hook for about
1 billion in yearly interest payments for his purchase, has been trying to find way to maximize profits at the company.
However, some of Musk's decisions have conflicted with the reasons that journalists, governments and others rely on Twitter as an information-sharing platform.
Musk on Wednesday described the need for users to rely on Twitter for trusted information from verified accounts. However, a confused rollout to a paid verified account system saw some impersonate famous companies, leading to a further withdrawal of needed advertising cash to the site.
"Twitter is certainly quite the rollercoaster," he acknowledged.
Forbes estimates Musk's wealth at just under
200 billion. The Forbes analysis ranks Musk as the second-wealthiest person on Earth, just behind French luxury brand magnate Bernard Arnault.
But Musk also has become a thought leader for some as well, albeit an oracle that is trying to get six hours of sleep a night despite the challenges at Twitter.
Musk described his children as being "programmed by Reddit and YouTube." He warned that artificial intelligence should be regulated "very carefully," describing it as akin to the promise of nuclear power but the danger of atomic bombs. He also cautioned against having a single civilization or "too much cooperation" on Earth, saying it could "collapse" a society that's like a "tiny candle in a vast darkness."
And asked about the existence of aliens, Musk had a firm response.
"The crazy thing is, I've seen no evidence of alien technology or alien life whatsoever. And I think I'd know because of SpaceX," he said. "I don't think anybody knows more about space, you know, than me."
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Polling underway for 5 RS seats in Bihar
Patna (PTI): Voting is underway for five Rajya Sabha seats in Bihar on Monday, with five nominees from the ruling NDA and one from the opposition RJD contesting the biennial polls, an official said.
BJP national president Nitin Nabin, also the five-time MLA from Bankipur assembly seat, RJD's national working president Tejashwi Yadav, BJP MLA Maithili Thakur, and jailed JD(U) legislator Anant Singh, among others, cast their ballots.
The polling, which commenced at 9 am, will continue till 5 pm in the Bihar Assembly complex, where MLAs are casting their ballots, he said.
Counting will begin after 5 pm, and the results are expected to be declared the same day.
Bihar Chief Minister and JD(U) supremo Nitish Kumar and Nabin are among the NDA candidates. The other three nominees from the ruling coalition are Union Minister Ram Nath Thakur, Rashtriya Lok Morcha (RLM) chief Upendra Kushwaha, both sitting members of the Rajya Sabha, and BJP's Shivesh Kumar, who is seeking a berth in the Upper House of Parliament for the first time.
Yadav, after casting his vote, said, "Our candidate Amarendra Dhari Singh will win as we have got support from the five MLAs of AIMIM and one BSP legislator."
Talking to reporters on Monday, JD(U)'s national working president Sanjay Kumar Jha said, "NDA's all five candidates will win. We don't care what opposition parties are claiming."
The AIMIM announced on Sunday that all five of its MLAs would support the RJD candidate in the Rajya Sabha polls.
Talking to reporters after casting his vote, Singh said, "If Nitish Kumar does not remain the CM, I will not contest polls next time. My children will contest elections."
Singh, the Mokama MLA, was arrested ahead of the assembly polls last year in connection with the killing of Dular Chand Yadav, a rival gangster who was supporting the local candidate of Prashant Kishor's Jan Suraaj Party.
Singh, who has since been unable to secure bail, was allowed to cast his vote on parole.
With numbers comfortably in favour of the NDA for four seats and marginally short for the fifth, the opposition forced an election by fielding the RJD's candidate.
The state administration has made adequate security arrangements to ensure a smooth election, an official said.
The NDA aims to win all five seats but needs support from three legislators from the opposition bench to achieve that.
The Grand Alliance kept its MLAs at a hotel in the state capital to prevent alleged poaching by rivals.
However, the NDA organised meetings with its legislators at the residences of ministers and senior leaders in the state's capital on Sunday.
The NDA enjoys a brute majority in the assembly, though its tally of 202 in the 243-member House falls three short of the number needed to secure all five Rajya Sabha seats.
To win a Rajya Sabha berth, one needs the support of at least 41 MLAs in the Bihar assembly.
