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Twitter CEO Parag Agrawal Fired As Elon Musk Takes Over Company

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Batori24 Bureau
Batori24 Bureau
Batori24 is a Vernacular based Assamese news portal based in Guwahati Assam. We are a dedicated news channel covering news and stories across the globe with special reference to Assam, north-east along with National and International news.

Twitter CEO Parag Agrawal Fired: According to Reuters, Tesla CEO Elon Musk fired top executives from Twitter Inc., including CEO Parag Agrawal and legal head Vijaya Gadde.

Elon Musk has taken control of Twitter and fired its top executives, according to US media reports late Thursday, in a deal that places one of the world’s most powerful platforms for global discourse in the hands of the world’s richest person.

 


According to the Washington Post and CNBC, citing unnamed sources, Musk fired CEO Parag Agrawal, as well as the company’s chief financial officer and head of legal policy, trust, and safety.

Also Read: IIT Guwahati: 34 Students of IIT Guwahati Selected For PM’s Research Fellows Scheme

Elon Musk and Parag Agrawal had a good start, but their relationship deteriorated dramatically as the deal negotiations progressed.

According to the BBC, a series of texts revealed in Delaware court revealed that the two were cordial and excited to start working together, bonding over ‘engineering’ and their love of the microblogging site.

The duo began to fall apart as the months passed and Musk began to conduct his due diligence on Twitter’s spam/bot accounts and voiced them openly on Twitter. In fact, it was a tweet from Musk that irritated Agrawal.

The development occurred shortly after Musk took control of the microblogging platform on October 28. In addition to Agrawal and Gadde, the company’s Chief Financial Officer (CFO) Ned Segal was fired for misleading the Tesla CEO and investors about fake Twitter accounts.

According to Reuters, after the $44 billion deal was completed, Parag Agrawal and Ned Segal were escorted out of Twitter’s headquarters in San Francisco. “The bird has been freed,” Elon Musk tweeted.

 

The reports came just hours before Musk’s court-ordered deadline to finalise his on-again, off-again deal to buy the social media network.

Musk announced on Thursday that he was purchasing Twitter “because it is critical to the future of civilization to have a common digital town square, where a diverse range of beliefs can be debated in a healthy manner.”

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