WASHINGTON, Oct 28: The world's richest man, Elon Musk has finally taken over
Twitter, for an astounding $ 44 bn. He tweeted: "the bird is freed". Musk has
big plans. Twitter will mean many more things!
Musk has also indicated he will lift bans and suspensions of accounts, that
could include former US President Donald Trump's account - since the Capitol
insurrection of January 2021.
The official filing with the US Securities and Exchange Commission in Washington,
D.C, was immediately followed by firing of the top, on Thursday evening. A number
of top executives have gone. That includes the boss, Parag Agrawal. Sadly, they
were escorted out of the San Francisco headquarters, Reuters reported.
Reports said chief financial officer Ned Segal and top legal and policy executive
Vijaya Gadde are leaving alongside Agrawal. Chairman Bret Taylor too is no more
in his seat.
The on-off negotiations had been plagued by uncertainties and dragged on for
several months. There were legal wranglings over the veracity of inflated accounts
partly due to the fact that forgotten passwords everytime meant more accounts
for Twitter. Fake accounts were swelling and that is where Musk's objection
lay.
The New York Stock Exchange on Friday suspended trading in Twitter's shares.
Days ago Musk published a video of his walking into Twitter headquarters carrying
a sink with caption: "Entering Twitter HQ - let that sink in!" There is a saying,
"kitchen sinking" as meaning radical action.
Musk is the man behind the electric car boom with his Tesla and Space X exploration.
