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Elon Musk reportedly fires top Twitter executives as he takes over company


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The Tesla CEO finalized a transaction he was determined to walk away from before performing a surprise U-turn this month. Photograph: Dado Ruvić/Reuters

 

The $44bn deal will give world’s richest man control of influential social media platform with more than 230m users

 

Dan Milmo Global technology editor, and Kari Paul in San Francisco


Elon Musk has reportedly completed his $44bn takeover of Twitter, taking control of the company and firing several of the company’s top executives, including CEO Parag Agrawal.

 

Several outlets, including Reuters, the Washington Post and the New York Times, reported on Thursday evening that Ned Segal, the chief financial officer, and Vijaya Gadde, head of legal policy, trust and safety, were also fired, according to sources who spoke on condition of anonymity.

 

Agrawal and Segal were in Twitter’s San Francisco headquarters when the deal closed and were escorted out, Reuters reported.


The news comes ahead of a Friday deadline to complete his purchase of the platform, and will give the world’s richest man control of an influential social media platform with more than 230 million users, and caps several tumultuous months of back and forth over whether he would buy the company.

 

Full story: https://www.theguardian.com/technology/2022/oct/27/elon-musk-completes-twitter-takeover

 

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-- © Copyright The Guardian 2022-10-28
 

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4 hours ago, Bluespunk said:

I’m sure they had stock options that made them very rich after they forced musk to honour his offer. 
 

Well..made them richer anyway. 

Heard about 44 million in stock options.

For San Francisco just enough :tongue:

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24 minutes ago, NativeBob said:

Bet he will unblock that orange man, whatswashisnom? Tr-something?

That's what he spends 44 billion on.

Will he be the next US vice president? (or does his origin exclude that)

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I have a similar contract with TVF.   If I ever get blocked, I get 108 million Kip.   Right before the takeover, seconds before it was finalized, I made sure I got access to the "secret" threads that you guys will never see!!!!  

 

I heard some top execs at Twitter will get 45 million USD.   

 

All those twitter sheep post, complain, fight, post, fight more, complain more, whatever.... get nothing.  

 

This is the way.  

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39 minutes ago, KhunBENQ said:

That's what he spends 44 billion on.

Will he be the next US vice president? (or does his origin exclude that)

44 billion? Obviously there's some reason behind this purchase. But since DOGE/SNL/ToTheMoon stunts his acts seem weird and difficult to grasp. 44 billion? How they even come up with this numbers?

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32 minutes ago, NativeBob said:

44 billion? How they even come up with this numbers?

Don't ask me. It's people who buy stocks and blow up the value.

Tesla more "valuable" than a few major car companies combined.

 

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Just now, Mac Mickmanus said:

Free speech doesn't give Alex Jones the right/freedom to claim that massacres didn't happen , that isnt what free speech is about 

Is that not why I put its consequences? People are entitled to free speech but must pay for their lies.

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2 minutes ago, coolcarer said:

Is that not why I put its consequences? People are entitled to free speech but must pay for their lies.

I dont think that its about "lies" , its about causing damage to other people or slander and things like that .

   You are legally allowed to lie , but you cannot legally tell lies about other people that cases them some harm 

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Just now, Mac Mickmanus said:

I dont think that its about "lies" , its about causing damage to other people or slander and things like that .

   You are legally allowed to lie , but you cannot legally tell lies about other people that cases them some harm 

he lied and caused damage to other people, I thought that was obvious and I had no need to explain it, obviously I was wrong on that one.

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3 minutes ago, Mac Mickmanus said:

I dont think that its about "lies" , its about causing damage to other people or slander and things like that .

   You are legally allowed to lie , but you cannot legally tell lies about other people that cases them some harm 

There are a number of circumstances in which you absolutely may not lie.

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1 hour ago, Mac Mickmanus said:

Its the normal behaviour when firing people .

Otherwise the people may do some serious damage 

Steal carpet from mouse, perhaps? Or copy 230 mln users UserID:password pairs to USB drive? Fart at kanteen? paint "Elons sux ****!" on the wall? 

My guess it was just wrong choice of word "escorted".

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1 minute ago, Chomper Higgot said:

There are a number of circumstances in which you absolutely may not lie.

absolutely, just ask the orange man’s lawyers, they can’t shut him up….lol Will be fun again to see him on twitter with the same old

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8 minutes ago, coolcarer said:

absolutely, just ask the orange man’s lawyers, they can’t shut him up….lol Will be fun again to see him on twitter with the same old

Musk must be very magnanimous in allowing the Mafioso Don back on Twitter after their recent feud. 

 

Obviously, it's the business potential of Trump's 75 million supporters,

 

But will Trump accept the offer from someone and an organisation, that Trump feels have both insulted him?

 

With Trump going back to Twitter, it might also mean the certain death knell of Truth Social which is already struggling to survive. Trump's previous ban from Twitter was its main raison d'être.

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