Elon Musk fired 3 executives after buying Twitter
Elon Musk made a lot of noise
by buying the social networking site Twitter. A case has been filed against
him. He has advanced a long way to buy the company before the case was settled.
He changed his identity on Twitter handle. He wrote 'Chief Tweet' on his
profile.
Meanwhile, within a few hours
of buying Twitter, Elon Musk first announced the layoff of the company's three
top executives. These include Chief Executive Officer (CEO) Parag Agarwal,
Chief Financial Officer Ned Segal. The Washington Post reported this on
Thursday from multiple sources. Twitter co-founder Biz Stone thanked Aggarwal,
Segal and the company's top legal and policy executive, Vijaya Gadde, for their
huge contributions to the business.
In a tweet addressed to
Twitter's advertisers, he said, 'Dear Twitter advertisers, I would meet all of
you personally, if possible, to clarify why I bought Twitter. Because there has
been a lot of speculation and speculation about why I bought Twitter and what I
think about advertisers on this social media platform. The majority of these
suspicions and presumptions are off-base.
This billionaire, the top
executive of electric car manufacturer Tesla and SpaceX, a company that
manufactures parts and other materials for spacecraft, also said, "For the
sake of the future of civilization, a digital town square open to all is needed
where people can express their thoughts and ideas." These thoughts can be
debated, but they must be healthy debates. Such debates should not be supported
on digital platforms — which can incite conflict.'
Earlier, Elon Musk had sought
to cancel the deal to buy Twitter for $44 billion, alleging breach of multiple
terms. Since then, speculation has taken a new turn. Musk said the reason
behind his backtracking was Twitter's failure to provide information about spam
and fake accounts on its platform.
Article Source: online News site
