Elon Musk's sudden move to take over Twitter by bringing issues like -- violation of freedom of speech, asking CEO to publicly declare the percentage of bot accounts, advocating for removing ban on Donald Trump and now publicly declaring support for Republicans, are moves that hint towards a bigger objective.
Twitter CEO Parag Agrawal posted a long thread on the company’s handling of phony accounts. Elon Musk responded with a poop emoji. Netizens REACT.
Twitter CEO Parag Agrawal once again garnered attention after he fired consumer product leader Kayvon Beykpour and head of revenue product Bruce Falck amid Elon Musk's $44 billion buyout. Both the employees strongly reacted to their dismissal on Twitter. Falck went on to change his Twitter bio to 'unemployed'.
According to a CNBC report, Musk has detailed the plans in presentations to possible funders for the takeover.
The Indian-origin CEO is estimated to receive $42 million if he were terminated within 12 months of a change in control at the social media company.
Elon Musk has been tweeting about changes that he wants to bring into the micro-blogging platform, from 'free speech' to amaking its algorithms 'open source'.
Gadde, who has been working with Twitter since 2011, has been a key executive charged with overseeing the microblogging platform's trust and safety, legal and public policy functions.
A decade ago, a Twitter executive dubbed the company “the free speech wing of the free speech party” to underscore its commitment to untrammeled freedom of expression.
Because of Musk’s other businesses, Twitter’s ability to influence public opinion in the sensitive industries of aviation and the automobile industry automatically creates a conflict of interest.
The Twitter buyout casts doubts on the future of CEO Parag Agrawal and it is still unclear whether he would like to remain at the helm, with Elon Musk now being at the very top of the platform.
Billionaire Elon Musk had been pitching to buy the company in the past couple of weeks and was putting out polls on the microblogging site asking users different aspects of their experience with it. Twitter said it will become a privately held company after the sale is closed.
In a meeting with employees, Twitter CEO Parag Agrawal said the board is still evaluating Musk's offer and will make a decision "in the best interest of our shareholders."
In a message late on Sunday, Parag Agrawal said Elon Musk has decided not to join Twitter's board. Reacting to the tweet, netizens shared their own reasons why he did not. Some users said that joining the board of Twitter would have prevented Musk from owning more than 14.9 per cent of the company.
Musk, who has 80 million Twitter followers, had purchased 73.5 million shares, worth about $3 billion.He had also raised the possibility with his massive and loyal Twitter following, that he could create a rival social media network.
In his latest polls, Elon Musk asked are Twitter's San Francisco headquarters better as shelter for homeless as no one shows up there anyway.
I’m excited to share that we’re appointing Elon Musk to our board! Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board, informed CEO Parag Agrawal.
Parag Agrawal has been with Twitter for more than a decade and has served as Chief Technology Officer since 2017. "I look forward to building on everything we have accomplished under Jack's leadership and I am incredibly energised by the opportunities ahead," he said.
Shreya Ghoshal and Parag Agrawal's friendship goes back in time. In 2010, the singer had asked fans to wish her "bachpan ka dost" (childhood friend) on social media.
The India-born executive- who succeeds Jack Dorsey in this role- served as Twitter's Chief Technology Officer since 2017, and has been responsible for the company's technical strategy.
"Our purpose has never been more important. Our people and our culture are unlike anything in the world. There is no limit to what we can do together," the new CEO wrote.
Top News
Latest News
