Elon Musk, the richest man in the world, has finished acquiring Twitter for $44 billion (£38.1 billion), according to US media and a company investor.
By Omotayo Olutekunbi
Mr. Musk appeared to be referring to the agreement when he tweeted, “the bird is freed.”
According to reports, several senior employees, including the CEO, Parag Agrawal, have been let go.
According to Reuters, Mr. Agrawal and two other executives were led out of Twitter’s San Francisco offices on Thursday night.
Months of legal fighting have come to an end with the conclusion of the acquisition, but the arrangement has raised concerns about the platform’s future course.
According to US media sources, chief financial officer Ned Segal and the company’s senior legal and policy leader, Vijaya Gadde, are going with Mr. Agrawal.
As a self-described “free speech absolutist,” Mr. Musk has criticized Twitter’s moderation practices, so the announcement likely is met with varied reactions from users and staff members.
The resignation of Mr. Agrawal as CEO will be widely celebrated on the right of US politics. They see Mr. Agrawal and Jack Dorsey, who was Mr. Agrawal’s predecessor, as liberals who are restricting free expression.
Additionally, they believe that Twitter has blocked conservative viewpoints while under their leadership, a claim that Twitter has refuted.
According to US media sources, Mr. Agrawal, Chief Financial Officer Ned Segal, and the business’s senior legal and policy executive, Vijaya Gadde, are no longer employed by the corporation.
Mr. Agrawal and Mr. Segal were led out of the Twitter offices in San Francisco after the transaction was completed,, according to a Reuters news report.
Biz Stone, a co-founder of Twitter, expressed gratitude to Mr. Agrawal, Mr. Segal, and Ms. Gadde for their “collective contribution” to the company.
In the meanwhile, Bret Taylor, who had been Twitter’s chairman since last November, changed his LinkedIn page to reflect his resignation from the position.
Whether the alleged board purge represents the start of company-wide employment layoffs is not yet evident.
Follow Our Activities On Facebook
#BigBrotherNaija “Level Up” Week 6
Though last Sunday Sunday was meant to be a “no-eviction” day, it came as a shocker when fake housemate, Modella…
Dating in 2022; Situationships Are Not For The Fainthearted
Situationships are defined as that space between a defined relationship and something other than a friendship. It is a romantic…
20 Questions With Dinta Media’s Visual Storyteller, Chimeremogo Nwoke
Dinta Media is not really just a media production brand but we like to see ourselves as a hub for…
How Are Nigeria’s Small Businesses Coping?
The current rising rate of inflation and other burdens against the Nigerian economy speaks to the realities of the times.
Thrifting Is All The Rave Now, Here’s Why
By Amy Adindu The affordable clothing movement has gained global attention and acceptance as we’re all trying to look like…
#BigBrotherNaija “Level Up” Week 2
Week 2 of the highly watched Nigerian TV show kicked off with an early plot twist. On Sunday, Big Brother…
#BlueTunes: Burna Boy, Omah Lay Top Album Picks For July
July was a promising month for music lovers; from Lizzo’s album titled Special and Imagine Dragons’ Mercury, (Acts 1 &…
#BlueTunes Album Picks For June
Gbagada Express – Boj Bolaji Odojukan, popularly known as BOJ, was raised both in England and Nigeria. He shot to…
“A Creative’s Dream” with Jeff Chinonso
On the 26th of June 2022, Jeff Chinonso hosted his first solo art exhibition. The Augmented Reality exhibition themed “A…
Nigerian API-based company Thepeer raises $2.1 million
Tech infrastructure startup Thepeer has raised a $2.1 million seed round according to a report from TechCabal. Thepeer, a Nigerian…
Dika Ofoma, Ugochukwu Onuoha take on grief in Debut Film “The Way Things Happen”
The twenty-minute film focuses on the loss of a loved one, and how grief changes a person.
Nigerian Startups might just be Crippled by a Recently Leaked bill
Over the years there has been talks of amendment on the 2007 Act of the National Information & Technology Agency (NITDA).
Why We Love Kelechi Amadi Obi
The definition of talent is Kelechi Amadi’s iconic story. Imagine a person who studies law in school, gets called to Bar, and leaves it all for something different and unrelated…Painting!