Close X
Saturday, December 21, 2024
ADVT 
Tech

Elon Musk is now Twitter boss, fires Indian-origin CEO Agrawal, other top execs

Darpan News Desk IANS, 28 Oct, 2022 10:31 AM
  • Elon Musk is now Twitter boss, fires Indian-origin CEO Agrawal, other top execs

San Francisco, Oct 28 (IANS) Tesla CEO Elon Musk has finally taken over as Twitter boss and his first job was to reportedly fire Indian-origin CEO Parag Agrawal, Chief Financial Officer Ned Segal, the company's policy chief Vijaya Gadde and others.

According to a CNBC report citing sources on Friday, Agrawal and Segal have left the company's San Francisco headquarters and will not be returning.

Gadde, the head of legal policy, trust, and safety was also fired, The Washington Post reported.

Sean Edgett, Twitter's general counsel, and chief customer officer Sarah Personette were also fired by Musk, reports Insider.

The executives Musk fired have received handsome payouts.

Agrawal received $38.7 million, Segal got $25.4 million, Gadde got $12.5 million, and Personette received $11.2 million, according to Insider.

Musk's entrepreneur friend Jason Calacanis said: "Day zero. Sharpen your blades boys."

"Seems like the twitter servers are still up and running!" Calacanis added.

"Twitter CEO is my dream job," he had told Musk earlier.

Musk on Thursday told advertisers why he is finally acquiring Twitter, telling them that he wants the platform to be the most respected advertising platform in the world where users can see movies or play video games, ranging from all ages to mature.

In a letter to advertisers, he said that Twitter cannot become a free-for-all hellscape, where anything can be said with no consequences.

"In addition to adhering to the laws of the land, our platform must be warm and welcoming to all, where you can choose your desired experience according to your preferences, just as you can choose, for example, to see movies or play video games ranging from all ages to mature," Musk wrote to his more than 110 million followers.

He said that the reason he 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".

He visited Twitter headquarters in San Francisco on Wednesday, with a kitchen sink in his hands.

MORE Tech ARTICLES

Starlink is now active on all continents: Elon Musk

Starlink is now active on all continents: Elon Musk
On the microblogging site Twitter, Musk wrote, "Starlink is now active on all continents, including Antarctica". He also said "another batch with lasers reaches orbit" after the deployment of 54 Starlink satellites was confirmed by the company.

Starlink is now active on all continents: Elon Musk

Twitter confirms Edit Tweet test, to arrive for Blue users first

Twitter confirms Edit Tweet test, to arrive for Blue users first
Edit Tweet is currently being tested by Twiiter team internally, amid the ongoing legal battle with Tesla CEO Elon Musk over the cancellation of the $44 billion takeover deal. Edit Tweet lets people make changes to their Tweet after it's been published. 

Twitter confirms Edit Tweet test, to arrive for Blue users first

Hootsuite to lay off 30 per cent of staff

Hootsuite to lay off 30 per cent of staff
The Vancouver-based social media business did not say what triggered the job cuts, but tech companies as large as Shopify, Netflix and Clearco have conducted similar layoffs in recent weeks as investor interest in tech stocks has faded. 

Hootsuite to lay off 30 per cent of staff

Musk plans to countersue Twitter to scrap $44 bn deal: Report

Musk plans to countersue Twitter to scrap $44 bn deal: Report
A protracted legal battle could also potentially drag down the company's stock, giving Musk more leverage to renegotiate Twitter's sale price. The news comes less than a week after the microblogging site sued Tesla CEO in Delaware, accusing the mogul of agreeing to buy the site then attempting to "trash the company, disrupt its operations, destroy stockholder value, and walk away".

Musk plans to countersue Twitter to scrap $44 bn deal: Report

Musk officially terminates $44 bn Twitter deal: Report

Musk officially terminates $44 bn Twitter deal: Report
On Thursday, Twitter told the press that it was blocking over a million spam accounts per day, and in May, its CEO wrote a long thread about how it  determines how many of its users are bots.

Musk officially terminates $44 bn Twitter deal: Report

Elon Musk hints layoffs at Twitter in future

Elon Musk hints layoffs at Twitter in future
The question of layoffs has been top of mind for Twitter's more than 7,000 employees since Musk first said he wanted to buy the company.   

Elon Musk hints layoffs at Twitter in future

PrevNext