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Brunei
Wednesday, November 30, 2022
22.8 C
Brunei
Wednesday, November 30, 2022
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    Musk in control of Twitter, ousts top executives

    AP – Elon Musk has taken control of Twitter and ousted the chief executive officer (CEO), chief financial officer and the company’s top lawyer, two people familiar with the deal said on Thursday night.

    The people wouldn’t say if all the paperwork for the deal, originally valued at USD44 billion, had been signed or if the deal has closed. But they said Musk is in charge of the social media platform and has fired CEO Parag Agrawal, CFO Ned Segal and Chief Legal Counsel Vijaya Gadde. Neither person wanted to be identified because of the sensitive nature of the deal.

    A few hours later, Musk tweeted, “the bird has been freed”, a reference to Twitter’s logo.

    More details on Weekend’s Borneo Bulletin

     

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