BREAKINGNGEWS: Elon Musk has reportedly taken over as the CEO of Twitter officially. The SpaceX founder has wasted no time making his voice heard, firing CEO Parag Agrawal and CFO Ned Segal, according to published reports.
AP sources wouldn't say if all the paperwork for the deal, originally valued at $44 billion, had been signed or if the deal has closed. However, they confirmed Musk was in charge of the social media platform and has fired Agrawal, Segal and General Counsel Vijaya Gadde. Neither source wanted to be identified because of the sensitive nature of the deal.
The major personnel moves are expected to be the first of many changes made by Musk, who says he can increase Twitter's subscriber base and and revenue. new questionsEarlier Thursday, Musk attempted to calm advertisers by saying that he is buying the platform to help humanity and doesn't want it to become a"free-for-all hellscape."
"The reason I acquired Twitter is because 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," Tesla CEO who typically projects his thoughts in one-line tweets. Musk told advertisers Thursday he wants Twitter to be"the most respected advertising platform in the world." He said it should be"warm and welcoming to all" and enable users to choose the experience they want to have.
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