- SpaceX and Tesla CEO Elon Musk acquired the social media platform Twitter on October 27.
- He Fires CEO, CFO and Top legal and policy executive.
- Musk is excited to bring new changes .
Elon Conquires
The Richest on earth, Elon Musk finishes his deal to acquire Twitter. His latest tweet he posted a few hours ago – “The bird is freed”. Musk has 110.5 million followers, and has changed his Bio to “Chief Twit”. He acquired it for $44 billion.
On Wednesday, Elon Musk carried a sink into Twitter headquarters. He captioned his video- “Entering Twitter HQ- let that sink in!”, which he posted on his account.
Also on October 26, he posted- “A beautiful thing about Twitter is how it empowers citizen journalism – people are able to disseminate news without an establishment bias”
Elon Musk addresses his Twitter advertisers in an open letter- “It is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence”.
He said – “That is why I brought Twitter. I didn’t do it because it would be easy. I didn’t do it to make more money,” he remarked, understanding that fault was a “very real possibility.” Elon Musk has discussed further about his giant plans for Twitter.
Also, he wishes to narrow it down while abolishing fake accounts, providing complete freedom for users in terms of posting anything on the platform. He wants to build it into an app which has everything. But experts told that achieving even a single one of this list wouldn’t be easy.
Foremost Decision After The Deal
On Twitter, Elon Musk often trolls who conflict with him or seems to be his contenders.His ego is nothing new for his immense twitter following throughout his Twitter legal saga. Example of this can be found when Twitter CEO Parag Agrawal who tweeted about an elaborate information on the organization’s efforts to slash spams, Elon Musk replied it with a “poop” emoji.
CEO Parag Agrawal and CFO Ned Segal after that left the company’s headquarters in San Francisco. Also, head of legal policy, Vijaya Gadde also leaves the organization. Since April, the start of legal accusations upon the social network has been met in Delaware, United States.
Elon Musk has promised to loosen Twitter’s rules for its users. He dislikes the idea of banning former U.S. President Donald trump after the January 6 attack in the U.S. Capitol. Reason behind was that it may turn the network soon into a discriminatory, biased, and finally toxic.
Source: https://www.thecoinrepublic.com/2022/10/28/after-twitter-acquisition-elon-musk-shows-ceo-and-cfo-the-way-out/