Everything Elon Musk did on his first day at Twitter

Elon Musk has fired a number of top Twitter executives and declared “the bird is freed” after completing his $44 billion takeover of the social media company.

Mr Musk fired Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and Chief Legal and Policy Officer Vijaya Gadde. Sean Edgett, General Counsel at Twitter since 2012, was also removed.

Mr Agrawal, Mr Segal and Mr Edgett were reportedly at Twitter’s San Francisco headquarters when the deal was finalized and were escorted out.

Biz Stone, who co-founded Twitter with Jack Dorsey, thanked the fired executives, describing them as “massive talent” and “beautiful people.”

Mr Agrawal, who has been with Twitter for 11 years, took over as CEO last November following the departure of founder Jack Dorsey.

His tenure was overshadowed by Mr Musk’s convoluted takeover bid, and the pair clashed both on the platform and in private text messages.

Mr Musk, who tweeted “The bird is freed” after taking control of the company, will assume the role of chief executive and is said to speak directly to Twitter employees today, according to an internal memo.

The oustings are the first in a series of changes likely to be implemented by Mr Musk, whose takeover of Twitter has been plagued by controversy and litigation.

The Tesla boss has said he wants to lift user bans because he doesn’t believe in lifetime bans, Bloomberg reported.

That means people previously booted from the platform may be allowed back, although it’s not clear if that will include former US President Donald Trump.

Mr Musk has said he wants to “defeat” spam bots on Twitter, which make publicly available the algorithms that determine how content is presented to its users, and prevent the platform from becoming an echo chamber of hatred and division, even if he restrict censorship.

He’s also hinted at plans to turn Twitter into an “everything app,” which he calls “X.” Comments have drawn comparisons to China’s WeChat, which has 1 billion users and combines instant messaging, video calling and mobile payments.

Text messages between Mr Musk, his friends and advisers, revealed to Twitter as part of his court row, have revealed some of his thoughts on social media.

In a note to his brother Kimbal, Mr Musk said: “I have an idea for a blockchain social media system that will do both payments and short texts/links like Twitter. You have to pay a tiny amount to register your message on the chain, which shuts out the vast majority of spam and bots.”

Blockchain is the digital ledger technology used by Bitcoin that could be used for payments.

Mr Musk has not offered any details about what he plans to do with Twitter and who will run the company. He spoke to employees this week and told them reports he plans to lay off up to 75 percent of the company’s workforce are inaccurate.

However, employees remain concerned that the new owner will launch sweeping job cuts. In June, Mr Musk said Twitter “needs to get sane”. He also said only “extraordinary” employees can work from home, reversing the company’s previous promise that all employees could work from anywhere “forever”.

Mr Musk also said yesterday that he didn’t buy Twitter to make more money, but “to try and help the humanity I love”.

In a bizarre stunt, earlier this week the billionaire released a video of himself entering Twitter HQ with a kitchen sink, adding, “Let that sink in.” He also changed his Twitter caption to “Chief Twit.”

https://www.telegraph.co.uk/business/2022/10/28/elon-musk-reportedly-fires-top-executives-completes-44bn-acquisition/ Everything Elon Musk did on his first day at Twitter

Russell Falcon

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