Elon Musk ‘sinks’ in spirits with Twitter takeover; sacks CEO, says ‘The bird is freed’ – ET Government

‘The bird is freed’, announced billionaire business magnet and Tesla chief Elon Musk on Friday, hours after sacking top Twitter administrators including CEO Parag Agrawal, Chief financial officer Ned Segal and Twitter policy chief Vijaya Gadde.
The announcement comes after Elon Musk officially took control of Twitter late Thursday following a $44 billion deal that puts one of the leading social media platforms in the hands of the world’s richest man.

Musk, known for his disagreements with the Twitter leadership team, had in the past publicly criticised top leadership and has asked them to go. Sean Edgett, the general counsel, too has left the company. Chief customer officer Sarah Personette was also fired. The report claims that at least one of these executives was walked out by security.

The Twitter takeover came hours before the court deadline for Musk to conclude the deal to buy the social media platform ends. Musk tweeted earlier in the day that he was buying Twitter “because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner.”

The formal takeover of the social media platform marks an end to a long drawn legal battle between the erstwhile Twitter management and Tesla chief Musk. Earlier after initiating in a formal plan to buy Twitter, Musk tried to step back and said in July he was canceling the contract because he was misled by Twitter over the number of fake ‘bot’ accounts — allegations rejected by the company.

Twitter later maintained that Musk was dogging to walk away from the deal. After Musk sought to terminate the sale, Twitter took Musk to court to salvage the agreement. With a trial looming, the billionaire once again pipped all his rivals and went ahead with his takeover plan.

Musk signaled the deal was on track this week by changing his Twitter profile to ‘Chief Twit’ and in a pun intended tweet posted a video of himself walking into the company’s California headquarters carrying a sink. ‘Let that sink in!’.

With Musk now in the saddle, many believe it may pave the way for former US president Donald Trump to return to the platform. The former president was blocked due to concerns he would ignite more violence like the deadly attack on the Capitol in Washington to overturn his election loss.

Musk publicly disagreed against any such stfiling by the platform and maintained that he realizes Twitter ‘cannot become a free-for-all hellscape where anything can be said with no consequences.’ Musk has vowed to dial content moderation back to a ‘bare minimum’. Meanwhile, many Indian users rejoiced at top level exits at Twitter and hoped the platform will be much more neutral and transparent and refrain from pushing a one sided ‘agenda’.



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