hurriyet.com.tr / FOREIGN NEWS
Saying formally that he bought Twitter, Elon Musk made his willpower for the micro-blogging platform. Proper right here is Musk’s publish on Twitter…
Tesla and SpaceX CEO Elon Musk’s acquisition of Social Media platform Twitter for $44 billion has been achieved.
Musk, the model new proprietor of the micro-blogging giant, broke his silence days later.
Elon Muskhas dissolved Twitter’s board of directors and made himself ‘the one director of Twitter’, in accordance with the US Securities and Commerce Payment (SEC) submitting.
Primarily based on the data throughout the British Every day Mail newspaper, Musk talked about that he can be the CEO of Twitter.
He fired the earlier CEO
Musk’s first movement was to fireplace senior executives from the company.
Twitter Chief Authorities (CEO) Parag Agrawal, Chief Financial Officer (CFO) Ned Segal, senior approved and protection officer Vijaya Gadde, widespread counsel Sean Edgett and account supervisor Sarah Personette are reportedly fired.
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It is even claimed that these names had been away from the company from the security escort.
Within the meantime, Agrawal’s 38.7, CFO Segal’s 25.4, Gadde’s 12.5, Personette’s 11.2 million Dollar Among the many many data acquired is that he’ll receive compensation.
WILL FIRE 1 OUT OF EVERY 4 PEOPLE
Primarily based on The Washington Put up, Musk consulted with Twitter’s prime executives to debate plans to place off 25 % of the workforce.
AGREEMENT FOR $44 BILLION
Musk, who gave Twitter a price of $ 54.20 per share in April, had reached an settlement with Twitter on a purchase order order settlement of $ 44 billion in full.
Stating that the bot accounts on Twitter are larger than the company claims, Musk terminated the settlement closing July.
twitter, denied Musk’s accusations and took Musk to courtroom for terminating the deal. Throughout the following days, an settlement was reached between Twitter and Musk.
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