💨 Abstract

Elon Musk's X Corp has appointed Mahmoud Reza Banki, former CFO of streaming platform Tubi, as its new CFO. This move comes as Musk shifts focus to a role aimed at improving government efficiency. Banki's background in video streaming could signal a growing focus on video content on X. The hiring comes amid X's efforts to attract advertisers and reverse a decline in ad revenue.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖