Elon Musk, the owner of Twitter since October 2020, has said that the likely time to replace the day-to-day management of the social media platform will be toward the end of 2023. This was revealed at a remote appearance at the World Government Summit in Dubai.
The Federal Trade Commission (FTC) has recently asked Twitter Inc. to provide internal communications and detailed information about layoffs as well as staff reductions. This is due to concerns that these changes could affect the company’s ability to protect users. The FTC also asked the company to identify all journalists who have been given access to company records, as well as information regarding the launch of the Twitter Blue subscription service.
It remains to be seen what the FTC’s findings will be and how they may affect the future of Twitter. In the meantime, the company is continuing to make changes and updates, including to its subscription service, as it looks to the future.