Elon Musk takes control of Twitter and fires its executives



The CEO of Twitter, along with the chief financial officer and chief safety officer, were reportedly sent to pack while Elon Musk took ownership.  - France Press agency
The Twitter CEO, along with its chief financial officer and chief safety officer, were reportedly sent packages while Elon Musk took ownership. – France Press agency

San Francisco: Elon Musk It took control of Twitter and fired its top executives late Thursday in a deal that puts one of the leading platforms for global discourse in the hands of Twitter The richest man in the world.

The Washington Post and CNBC reported, citing unnamed sources, that Musk fired CEO Parag Agrawal, as well as the company’s chief financial officer and chief safety officer.

Agrawal went to court to keep the Tesla chief on the terms of the takeover deal he had tried to flee from.

The reports came hours before a court deadline for Musk to close his on-again, off-again deal to buy the social network.

Musk tweeted earlier in the day that he was buying Twitter “because it is important to the future of civilization to have a shared digital city square, where a wide range of beliefs can be discussed in a healthy way.”

Meanwhile, the New York Stock Exchange posted an order to suspend trading on Twitter ahead of Friday’s session.

Twitter did not immediately respond to a request for comment on the departure of its top executives, but platform co-founder Biz Stone thanked the three men in a tweet for their “collective contribution to Twitter.”

“Enormous talent, the whole, and beautiful human beings.”

“tweet head”

The closing of the deal marks the culmination of a long back-and-forth between the billionaire and the social network.

Musk tried to back out of the Twitter deal shortly after accepting his unsolicited offer in April, and said in July that he canceled the contract because he was misled by Twitter about the number of fake “bot” accounts — allegations the company has denied.

Twitter, in turn, sought evidence that Musk was making excuses to leave simply because he changed his mind.

After Musk sought to end the sale, Twitter sued to keep Musk in the agreement.

As the trial date approaches, the unpredictable billionaire gives in and revives the takeover plan.

Musk signaled the deal was on track this week by changing his Twitter profile to “Chief Twit” and posting a video of himself walking to the company’s California headquarters while carrying laundry.

“Let it sink in!” Mocked.

He even shared a photo of himself socializing in a cafe at Twitter’s headquarters earlier Thursday.

Musk said during a recent Tesla earnings call that he’s “excited” about the Twitter deal even though he and investors are “overpaying.”

Twitter is free for everyone?

Some employees who would rather not work for Musk have already left, said a worker who asked not to be identified in order to speak more freely.

“But a portion of the people, myself included, are willing to give him the benefit of the doubt right now,” the employee said.

The idea of ​​Musk running Twitter has alarmed activists who fear an escalation of harassment and misinformation, as Musk himself has been known to trolle other Twitter users.

But Musk said he realizes that Twitter “cannot become a free-for-all place where anything can be said without consequence.”

Musk has pledged to re-modify content to a minimum, and is expected to pave the way for former US President Donald Trump to return to the platform.

The then-president was banned over fears he might spark more violence like the deadly attack on the Washington Capitol to overturn his election loss.


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