Elon Musk Takes Control of Twitter, Fires CEO and CFO — Says He Buys Twitter 'to Help Humanity'

2024 YES MOBILE LATEST ARTICLES

Follow Us

8,411Fans Like
58Followers Follow
189Followers Follow
55Followers Follow

Elon Musk Takes Control of Twitter, Fires CEO and CFO — Says He Buys Twitter 'to Help Humanity' - Cryptocurrency

Cryptocurrency

Post By Yes Mobile

336
Elon Musk Takes Control of Twitter, Fires CEO and CFO — Says He Buys Twitter to Help Humanity'

Tesla and Spacex CEO Elon Musk has accomplished the acquisition of Twitter Inc. and reportedly fired the corporate’s CEO and CFO. “The explanation I acquired Twitter is as a result of you will need to the way forward for civilization to have a typical digital city sq.,” he stated. “There may be at present nice hazard that social media will splinter into far proper wing and much left wing echo chambers that generate extra hate and divide our society.”

Elon Musk Takes Over Twitter

Tesla CEO Elon Musk has accomplished his $44 billion acquisition of Twitter Inc. and has modified his Twitter profile description to “Chief Twit.” On Thursday night time, he tweeted:

The chicken is freed.

Instantly after the deal closed, Musk reportedly fired Twitter CEO Parag Agrawal, CFO Ned Segal, and Vijaya Gadde, the social media platform’s head of authorized affairs and chief content material moderator. Gadde headed up the crew at Twitter that made the choice to ban former U.S. President Donald Trump after the Capitol riot in 2021.

On Thursday, Musk tweeted explaining his motivation for buying Twitter. The billionaire detailed: “The explanation I acquired Twitter is as a result of you will need to the way forward for civilization to have a typical digital city sq., the place a variety of beliefs could be debated in a wholesome method, with out resorting to violence.”

He continued, “There may be at present nice hazard that social media will splinter into far proper wing and much left wing echo chambers that generate extra hate and divide our society,” elaborating:

That’s the reason I purchased Twitter. I didn’t do it as a result of it could be simple. I didn’t do it to earn more money. I did it to attempt to assist humanity, whom I like.

Addressing Twitter advertisers, Musk defined: “Twitter clearly can not turn into a free-for-all hellscape, the place something could be stated with no penalties!”

Emphasizing that “It’s important to point out Twitter customers promoting that’s as related as attainable to their wants. Low relevancy advertisements are spam, however extremely related advertisements are literally content material,” the brand new Twitter boss concluded:

Basically, Twitter aspires to be essentially the most revered promoting platform in the world that strengthens your model and grows your enterprise.

Binance CEO Changpeng Zhao (CZ) confirmed Thursday that his firm helped fund Musk’s Twitter acquisition, tweeting: “Our intern says we wired the $500 million 2 days in the past, most likely simply as I used to be being requested about Elon/Twitter.” Binance is among the many 18 corporations that dedicated to serving to Musk fund the deal.

The Tesla CEO went to Twitter’s headquarters on Wednesday with a sink to shut the deal. “Getting into Twitter HQ – let that sink in!” he tweeted. In accordance with Bloomberg, Musk informed Twitter staff throughout his go to that he’s not planning to put off 75% of the employees.

Do you suppose Twitter will likely be a greater platform below the management of Elon Musk? Tell us in the feedback part under.

Earlier article

Xbox Boss Phil Spencer Calls At this time’s Metaverse a ‘Poorly Constructed Video Recreation’

Extra Well-liked Information

In Case You Missed It

Central Financial institution of Brazil Confirms It Will Run a Pilot Take a look at for Its CBDC This Yr

The Central Financial institution of Brazil has confirmed that the establishment will run a pilot check concerning the implementation of its proposed central financial institution digital forex (CBDC), the digital actual. Roberto Campos Neto, president of the financial institution, additionally said that this … learn extra.

Oman to Incorporate Actual Property Tokenization in Digital Property Regulatory Framework

Draft Legislation Regulating Facets of Crypto Taxation Submitted to Russian Parliament

At this time’s High Ethereum and Bitcoin Mining Gadgets Proceed to Rake in Earnings

SEC Dangers Violating Admin Process Act by Rejecting Spot Bitcoin ETFs, Says Grayscale

Picture of Yes Mobile

Yes Mobile

Yes Mobile is the senior mobile blog writer and technology expert. Our aim provides the best information about mobile technology and latest mobile prices in Pakistan new mobile news video reviews issues etc. And how to use software easy ways. and much more.

Related Posts

Latest What Mobile Price List in Pakistan

Latest Vip Golden Numbers For Sale