Bitcoin Forum

Economy => Economics => Topic started by: Bitstar_coin on October 29, 2022, 03:29:12 PM



Title: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Bitstar_coin on October 29, 2022, 03:29:12 PM
Well according to the blog post  (https://www.binance.com/en/news/top/7253061) "Elon Musk has officially become the owner of Twitter after the acquisition closed on Thursday. As reported by Reuters, Twitter’s CEO and CFO, who allegedly provided very little information and provided misinformation, was terminated from the contract and expelled from the head office.
On October 27, billionaire Elon Musk officially became the new owner of social media platform Twitter with a bid of $ 44 billion. The deal was completed after a long time when Elon Musk repeatedly changed his mind about the acquisition and went through a legal battle between the two sides.
Elon immediately fired the company’s executives and chief financial officers, Parag Agrawal and Ned Segal, and other issues. Legal issues and policy director Vijaya Gadde. These are the people Musk alleges they misled him and Twitter investors about the number of fake accounts on the social media platform".

Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.

What are your thoughts?
 


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: mk4 on October 29, 2022, 03:33:55 PM
I know Elon gets a lot of crap everytime (sometimes well deservedly), but I don't know I've seem to see a lot less Twitter spam bots in the past few days so that's a HUGE plus.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: mindrust on October 29, 2022, 04:08:40 PM
I don’t know why he bought that source of filth of a sinking social media crap but he made the correct decision by firing them libtard morons from the company.

Maybe after firing 75% of the current staff, twitter can become free again like it used to be before going full woke.

People needed a social media platform where they can express their opinions freely and Musk wants to deliver that.

Godspeed


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: eaLiTy on October 29, 2022, 05:35:33 PM
~
There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.
It is not just the bots and scams, all the idealogues who wants to suppress anyone who have a different view which is silly to its core and the shadow bans they implemented according to the wimps will be take care by Elon Musk and hopefully we will see a level playing field and that is my expectations.

He already appointed engineers from Tesla to review the Twitter codes and hopefully we will be seeing the change in a short period.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: teosanru on October 29, 2022, 05:44:10 PM
Well according to the blog post  (https://www.binance.com/en/news/top/7253061) "Elon Musk has officially become the owner of Twitter after the acquisition closed on Thursday. As reported by Reuters, Twitter’s CEO and CFO, who allegedly provided very little information and provided misinformation, was terminated from the contract and expelled from the head office.
On October 27, billionaire Elon Musk officially became the new owner of social media platform Twitter with a bid of $ 44 billion. The deal was completed after a long time when Elon Musk repeatedly changed his mind about the acquisition and went through a legal battle between the two sides.
Elon immediately fired the company’s executives and chief financial officers, Parag Agrawal and Ned Segal, and other issues. Legal issues and policy director Vijaya Gadde. These are the people Musk alleges they misled him and Twitter investors about the number of fake accounts on the social media platform".

Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.

What are your thoughts?
 
I think Elon has the power and also a reputation to take instantaneous decisions and that also decisions which are very wierd. I feel that anyone who controls so many businesses really wants to make sure all it's businesses are in right hands. By right hand i mean not only skill wise but someone who matches your mentality as well. So obviously this decision was very right by Elon and he has full rights to do such things.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Gozie51 on October 29, 2022, 06:17:48 PM

Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.

What are your thoughts?
 

It is an expectation to happen. It is nothing new to hear that a new sheriff fires those under him. This is to announce his presence and seriousness for business. Moreover two captains don't stay in a ship. Tweeter is likely to have a new look and changes to it. Elon musk have been battling for this to happen and finally taking over. I believe he will need to work with new people because that will bring new energy to the platform.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Hydrogen on October 29, 2022, 06:52:35 PM
Do you think the Tesla CEO made the right move by firing these top people in the company?


In the year 2022, twitter's leadership teased the introduction of an edit button as if it were cutting edge next generation technology. If a CEO spent 12 months as head of a tech corporation. And had no better ideas in the development cycle than an edit button. Should anyone question what they had worked on for the past year?

When people think of silicon valley and cutting edge billion dollar technology somehow I doubt a year of development to produce an edit button is what they expect.

If twitter's CEO was a liberal arts major with a degree gender studies and no technical background, it might explain their lack of development. If a high percentage of twitter employees had no job qualifications other than degrees in gender studies, that might also explain the high firing rate.

At a bare minimum, I hope people recognize some of the strange occurrences at places like twitter.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: jackg on October 29, 2022, 06:54:56 PM
It remains to be seen how long twitter can survive on it's own and how long it'll last. If done well it might become much bigger, then he might be able to ipo a part of it for less than he bough it for (like was done with Tesla) if done badly it'll probably suck money from him until it gets shut down, resold, reinvented or open sourced.

He already appointed engineers from Tesla to review the Twitter codes and hopefully we will be seeing the change in a short period.

This is the biggest change I expected to have happened at some point. Tesla engineers probably aren't constantly working on Tesla firmware so moving some across or getting teams to work on both was the best solution.

Most tech firms have done well from inventing/selling actual innovative technology and selling it (there's a lot of ads for offerings from companies, like Meta's Portal).



It's strange to be talking about a person as if they're a company though.... Has Elon dehumanised himself somewhere? (popularity and/from controversiality doesn't sound that great).


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: coupable on October 29, 2022, 07:11:29 PM
I know Elon gets a lot of crap everytime (sometimes well deservedly), but I don't know I've seem to see a lot less Twitter spam bots in the past few days so that's a HUGE plus.
But the expulsion of three-quarters of the platform’s employees does not mean, in one way or another, the return of freedom of expression to it, given that the platform’s policies are determined by a board of directors.
Today I heard in the media that Trump is happy to transfer the ownership of Twitter to Elon Musk, saying that the platform is in safe hands, as he put it. Earlier, Elon Musk had announced that he would cancel the ban on all banned accounts, and this may be the reason for Trump's declaration of a position in favor of him.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: cozytrade on October 29, 2022, 07:12:10 PM
What are your thoughts?
 

We all knew how much crypto enthusiastic elon is. Doge father is arranging his strategy for next surprise and that can already been seen after doge pumping hard recently. Twitter is important for the whole crypto space and elon just brought one of the biggest weapon on the fields. Though i do not like doge at all but its good news for doge holders after all.

How he fired head of the twitter officials right after joining because of trumps ban from twitter is festinating. He really meant about freedom of speech and he is not joking. His declaration about twitter monetization is also important and one of the greatest business mind in the world must have some surprising strategy for that.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Upgrade00 on October 29, 2022, 07:12:21 PM
When people think of silicon valley and cutting edge billion dollar technology somehow I doubt a year of development to produce an edit button is what they expect.
Much worse when the edit button is not necessarily needed on the app and the fact that there's none is a huge 1 up the platform has over the competition.

Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.
I am yet to see the end result of the debacle regarding the percentage of bots on Twitter, if the amount was indeed around the touted percentage, then it's a huge deal and a serious overhaul would be necessary to get it back on track.

Suppression of certain voices is also a huge problem on twitter, especially when it seems to be a biased censorship.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: DVlog on October 29, 2022, 07:35:28 PM
I know Elon gets a lot of crap everytime (sometimes well deservedly), but I don't know I've seem to see a lot less Twitter spam bots in the past few days so that's a HUGE plus.

He will most likely use this platform more for dogecoin. That shitcoin makes the whole crypto industry a joke. If a meme coin can have a crazy market cap like that, it means this industry is not serious or the people live in it. I can see what is elon up to. His business mind can be trouble for lots of investors in the future.

I know he loves crypto but we should also remind him that he loves it because of the enormous wealth he could make out of it. Business only understands business and loves money. He doesn't care about the economical freedom-like phrase.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: dothebeats on October 29, 2022, 07:57:38 PM
Well that's the last thing you want from a company anyway, executives that are trying to hide information and downplaying problems here and there for the sale to not push through. I don't think people will stop using Twitter now that Elon is the owner, and if anything it might even promote the use of the site because between the two social media giants, Elon is somehow 'lenient' and 'cool' with lots of topics being thrown around (I still don't like the guy).


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Rruchi man on October 29, 2022, 08:23:47 PM
Do you think the Tesla CEO made the right move by firing these top people in the company?
I don't think we're in any position to decide if it's right or wrong, or criticize his decision. The company is now his and he alone decides what is right and what is wrong for it.  but one thing I know is whenever ownership of a company a business is transferred to another person, the lay off of some staffs in some key positions is usually expected. It is usually a strategic decision to bring people that you're certain will be loyal to you and will also share in your vision for the company.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Captain Corporate on October 29, 2022, 08:29:43 PM
It is quite understandable. These three were the ones that sued Elon as soon as he wanted to get out of the buy-out. I mean dude just wanted to give up and didn't like it, and I really dislike Elon but if Elon decides not to buy your company then you should be happy about it. If you are forcing him to buy it, and sue him for giving up, then when he takes over the company it would be his first job to fire you.

On top of that, the "censorship" deal will be a very hard one, "freedom of speech" propaganda that he uses allows people to tell each other not just "mean" stuff to "hurt their feelings" but literally cultural breaking stuff. If you tell a black person in america to "shut up n...r" then thats not just freedom of speech, thats literally racism, and if you allow millions to do that at the same time? Well thats culture moving stuff right there.

Imagine a scenario where Elon owned Twitter when Obama was candidate, and he allowed everyone to call him the N word on twitter, nothing against freedom of speech, you wouldn't be jailed, so imagine millions doing that. How would any black person feel? Wouldn't that divide the nation and prevent progress and betterment of the nation as a whole when you have people fighting inward?

This is going to blow up in everyones faces, there is no doubt about that, its going to be very very dangerous. This isn't about just some SJW person going "I wanted them to call me she but they called me he!!! ban them!!" no, this is about trump saying "they stole the election, do something!" and then people rushing into the capitol and one of them died and 4 policemen were beaten, THATS what twitter wanted to prevent, thats the type of thing we are scared of (trump was banned already by that time btw, this was an example).


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Cryptomultiplier on October 29, 2022, 09:00:34 PM
He is right to fire them, if that is what will bring him the calm of spirit and perspective he hopes to obtain as the new owner. For security reasons too, he made the best decision, after all, let's not pretend to ignore the case he just had.
It won't take him long to replace them with his own persons of whom he believes he has more control over.
Let's hope that his new interest in Twitter, i.e., from space X and Tesla to social media won't have a resounding black lash anytime in the future and hope it ain't a long thought out ploy.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: The Sceptical Chymist on October 29, 2022, 09:57:43 PM
Do you think the Tesla CEO made the right move by firing these top people in the company?
Yes, a thousand times yes--and even though I'm not familiar with who the top execs are at Twitter, I'd be willing to wager nearly all of them should go.  This takeover should be a house cleaning, and it's pretty hard to run a company the way you want it when there are still employees (especially if they have power/influence) who are loyal to the old way of doing things.  Musk must know that, so perhaps there are more departures forthcoming.

And fuck 'em all anyway.  Twitter has become way more influential in politics than it ever should have, and the layer of censorship that leans hard left on top of their power has made them fucking dangerous to America and people who want to hold onto the tiny slivers of freedom we still enjoy.

We'll see what Musk does; it should be interesting if nothing else.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: KennyR on October 29, 2022, 10:26:18 PM

And fuck 'em all anyway.  Twitter has become way more influential in politics than it ever should have, and the layer of censorship that leans hard left on top of their power has made them fucking dangerous to America and people who want to hold onto the tiny slivers of freedom we still enjoy.

We'll see what Musk does; it should be interesting if nothing else.
Well said, the political influence can be much experienced. Even in my country every party have its own IT wing to support the growth of the party. In some means controversy arose on the fired CEO is in favour of the ruling party. He holds the control and doesn't let the tweets made by the opposing party. The last election win itself connected with the social media campaign and people are continuously insisted about some hype and not the real governance. With the acquiring everything will change.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Gyfts on October 30, 2022, 12:27:36 AM
Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.

Twitter is ran by political radicals that are inflicting their own personal politics, which is out of tune with most people, and imposing it on a platform that has too much control on U.S. elections. He could not have fired them sooner. Watching the meltdown and protest this garnered from the U.S. press was amusing. It's as if the monopoly they've held on big tech having come crashing down is somehow going to destroy the democratic institution that is the United States republic. How hyperbolic. When Jeff Bezos bought the Washington Post, it was celebrated by the same folks who disavowed Elon's Twitter takeover.

I don't think centralized social media platforms should be used to drive discussion and ultimately decide elections, nor do I think a billionaire like Elon should be put in charge of such a powerful tool. But, I'm willing to make exception given who Musk's predecessors. He can't be any worse, even if he tried.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Techkoy407 on October 30, 2022, 12:57:12 AM
Well according to the blog post  (https://www.binance.com/en/news/top/7253061)

Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.

What are your thoughts?
 
Elon Musk certainly didn't act rashly, Elon himself must have had strong reasons and evidence about the person who was fired.

because so far Twitter has lost competitiveness from other digital platforms, surely behind the delayed progress of Twitter is the result of its workers.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: adaseb on October 30, 2022, 03:02:09 AM
I am pretty sure Parag is happy that he was let go because he has a $50 million dollar severance package. Pretty much he came out ahead. Especially if it wasn’t for Elon buying Twitter it would be worth less than $20 a share.

Why he fired them? Who knows. Most likely because it seems badly run. Look at all the political mess. And look at all the spam bots. Basically when certain keywords are mentioned the bots are going at it like crazy.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Smack That Ace on October 30, 2022, 03:43:34 AM

But the expulsion of three-quarters of the platform’s employees does not mean, in one way or another, the return of freedom of expression to it, given that the platform’s policies are determined by a board of directors.

Expulsion of old employees is nothing new, most of it happens in all companies and even in government departments. A mountain should have only one king and his followers, he doesn't need his opponents to stay there.

Today I heard in the media that Trump is happy to transfer the ownership of Twitter to Elon Musk, saying that the platform is in safe hands, as he put it. Earlier, Elon Musk had announced that he would cancel the ban on all banned accounts, and this may be the reason for Trump's declaration of a position in favor of him.

I also read this news, former president Trump congratulated Elon and twitter found the real leader. It has been reported that Elon will restore Trump's account but he has not confirmed whether he will return to twitter, as he is also running a private social network called truth. Twitter is considered the largest and most popular social network in the US, with this if the possibility of Mr. Trump returning to run for president, things will become very interesting.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: 2stout on October 30, 2022, 06:41:14 AM
I'm trying to understand why people are surprised by this.  Typically when ownership changes, leadership is replaced, so nothing new here.  Perhaps some animosity with them being escorted out by security, maybe.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Bitstar_coin on October 30, 2022, 07:00:12 AM
I'm trying to understand why people are surprised by this.  Typically when ownership changes, leadership is replaced, so nothing new here.  Perhaps some animosity with them being escorted out by security, maybe.

Well am not sure how typical that is, how many times have you seen a multi-billon company have a new owner and the CEO and CFO got fired immidiately. No doubt there will be some new changes of staffs and the over operations but not from the top most seats. I bet if things were moving in the right direction, this will not even be up for discussion.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Flexystar on October 30, 2022, 09:25:01 AM
We here on the forum making arguments over Elon Musk and his terminations, meanwhile those guys got fired but were compensated with 100 million dollars.  ;D

They be like what the hell, retirements came in real early. Who cares if they were fired or not I was able to tweet anyways. Twitter has no more function than that.

That’s big cream layer up there and big thick base down there, better skip to the good part and keep tweeting.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: lovesmayfamilis on October 30, 2022, 10:38:44 AM
It seems that Musk has seriously decided to change the system, changing the rules for banned accounts and getting rid of bots. The intrigue remains the blocked account of Donald Trump, whether he will be amnestied, we will see soon. However, it will be difficult for Musk to achieve freedom of speech (https://www.hindustantimes.com/world-news/how-elon-musk-s-free-speech-plans-for-twitter-clash-with-eu-content-rules-101667017820938.html) as long as the EU requires all content to remain strictly moderated.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Quidat on October 30, 2022, 11:13:39 AM
Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.

What are your thoughts?
 
Its his company now and he can do whatever he wants.If he do sees that he had been disappointed on what they had done in the past then pretty sure that you would really be having that revenge
once you do completely own the company.He wont really be that dumb on firing those top officers of Twitter if they havent done something wrong and now Elon is the owner now then he
does have the rights on what to do and its none of our business.Elon knows on how to run off a business and he would hire and fire on everyone he do likes.
He's the boss and people would be just following on what had been ordered.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: coupable on October 30, 2022, 07:55:52 PM
But the expulsion of three-quarters of the platform’s employees does not mean, in one way or another, the return of freedom of expression to it, given that the platform’s policies are determined by a board of directors.
Expulsion of old employees is nothing new, most of it happens in all companies and even in government departments. A mountain should have only one king and his followers, he doesn't need his opponents to stay there.
The expulsion of 75 percent of the company's employees means the expulsion of thousands of workers who will find themselves without work, and the company will have to pay compensation to them in the millions of dollars. This process will create a real crisis, including the disruption of many services on the platform until the underemployment is compensated.
Originally, they did not enter into the platform's policies, which are controlled by a limited number of the board of directors.

Today I heard in the media that Trump is happy to transfer the ownership of Twitter to Elon Musk, saying that the platform is in safe hands, as he put it. Earlier, Elon Musk had announced that he would cancel the ban on all banned accounts, and this may be the reason for Trump's declaration of a position in favor of him.
I also read this news, former president Trump congratulated Elon and twitter found the real leader. It has been reported that Elon will restore Trump's account but he has not confirmed whether he will return to twitter, as he is also running a private social network called truth. Twitter is considered the largest and most popular social network in the US, with this if the possibility of Mr. Trump returning to run for president, things will become very interesting.
There is news confirming that Elon Musk will reopen Trump's account and lift the ban. Perhaps Musk is waiting for the right time to do this, because this will put him in the face of the US authorities, who want to completely remove Trump from political life.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: serjent05 on October 30, 2022, 08:22:01 PM
Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.

What are your thoughts?
 

The reason behind the firing of the CEO and CFO is valid if that is true.  They were given a chance to retain their position but they got busted due to their poor knowledge about the operation and the misinformation.  It is also possible that Tesla CEO wanted to restructure the management of Twitter according to his needs.  Finding people on top to be incompetent, firing and replacing them with better people is the right move.

But the expulsion of three-quarters of the platform’s employees does not mean, in one way or another, the return of freedom of expression to it, given that the platform’s policies are determined by a board of directors.
Expulsion of old employees is nothing new, most of it happens in all companies and even in government departments. A mountain should have only one king and his followers, he doesn't need his opponents to stay there.
The expulsion of 75 percent of the company's employees means the expulsion of thousands of workers who will find themselves without work, and the company will have to pay compensation to them in the millions of dollars. This process will create a real crisis, including the disruption of many services on the platform until the underemployment is compensated.
Originally, they did not enter into the platform's policies, which are controlled by a limited number of the board of directors.

This may be harsh but sometimes it is unavoidable especially when there is a new owner of the company.  All the next course of a company is decided by the owner and the owner finds that 75% of the employee is just an extra bagage so in order to minimize the expenses of the company, the new owner decided to let them go.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: KingsDen on October 31, 2022, 01:29:54 AM
He is right to fire them, if that is what will bring him the calm of spirit and perspective he hopes to obtain as the new owner. For security reasons too, he made the best decision, after all, let's not pretend to ignore the case he just had.
It won't take him long to replace them with his own persons of whom he believes he has more control over.
Let's hope that his new interest in Twitter, i.e., from space X and Tesla to social media won't have a resounding black lash anytime in the future and hope it ain't a long thought out ploy.

Elon didn't sack the CEO and CFO because of his personal interest or the interest of his business alone. He did that to have the resounding support of the public or to make us believe he came with new ideology to correct the wrong. There is no how we would have believed Elon's efforts if he retained the the two big officers.
As they were fired, the whole public has gotten some sense of change and the birth of a new twitter.
Elon is among the smartest humans I have read about.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Smack That Ace on October 31, 2022, 03:43:47 AM

There is news confirming that Elon Musk will reopen Trump's account and lift the ban. Perhaps Musk is waiting for the right time to do this, because this will put him in the face of the US authorities, who want to completely remove Trump from political life.

Like I said, a mountain has only one forest lord, they won't care who will be unemployed and who will be in crisis, they will focus on consolidating power and keeping only those who obey surname. And I believe Elon's Twitter acquisition has something to do with US politics and not simply Elon's hobby or business. Coincidentally, the deal was finalized before the upcoming US midterm elections. US politics is one of the harshest in the world, riots, fraud...


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: tabas on October 31, 2022, 04:12:21 AM
That's dope and badass. Well, he's now the new boss and owner and he can do whatever he wants, be it with operations, employees and as in everything from the management. With all of those political issues and there's a very big chance that he's building it up for the next election.
But the biggest one are those contents and tweets that are made about woke's political agenda. I've seen folks that are happy with his taking over and that issue is about to be solved by him and Twitter is going to be back on its form like it's for everyone and freedom.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Bitstar_coin on October 31, 2022, 09:36:33 AM
That's dope and badass. Well, he's now the new boss and owner and he can do whatever he wants, be it with operations, employees and as in everything from the management. With all of those political issues and there's a very big chance that he's building it up for the next election.
But the biggest one are those contents and tweets that are made about woke's political agenda. I've seen folks that are happy with his taking over and that issue is about to be solved by him and Twitter is going to be back on its form like it's for everyone and freedom.

Am struggling to understand your meaning of "there's a very big chance that he's building it up for the next election" What have political issues got to do with Twitter and the new management? Besides, I doubt Elon will allow Twitter to be politicized in that nature. Elon has his vision of how he wants Twitter to be managed, it has no specific interest in politics.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Polkeins on October 31, 2022, 10:05:19 AM
We here on the forum making arguments over Elon Musk and his terminations, meanwhile those guys got fired but were compensated with 100 million dollars.  ;D

They be like what the hell, retirements came in real early. Who cares if they were fired or not I was able to tweet anyways. Twitter has no more function than that.

That’s big cream layer up there and big thick base down there, better skip to the good part and keep tweeting.
What is the reason to pay for these former top managers so much money? Did they lead the company to the pinnacle of financial success? The company ended 2021 with a loss of $220 million.

It seemed to me that Twitter and before the Mask was going to fire people because of poor financial performance. Yes, now the price of Twitter's shares looks good against the background of Meta, but it's still not clear why top managers are paid so much money especially against the backdrop of the dismissal of ordinary workers who are unlikely to be paid such generous bonuses.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Shaha98 on October 31, 2022, 10:22:56 AM
Elon Marx currently owns the Twitter Company. Elon Musk I think it's too early to change Twitter's logo. Because it has already been discussed that the Twitter logo might change.

https://i.imgur.com/ZIaNwqh.jpg

It appears that Elon Musk has let the bird out of the current Twitter avatar's cage. In this we can assume that there is definitely a possibility that the logo will change.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Majestic-milf on October 31, 2022, 11:02:43 AM
 Well, Elon has been known for his impulsive acts and spontaneous actions and as such his firing Parag and Ned Segal is quite necessary since their functions were to ensure the platform was free of spam and bots but looking at what actually caused his initial disinterest to continue the purchase, it looks like they failed. But where I still don't get is his firing of Vidiya Gadde, although she was responsible for the ban on Donald Trump's account. I guess this move is part of the #cleanupTwitter process.

 


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Kakmakr on October 31, 2022, 11:35:47 AM
The trust relationship between them and Elon Musk was broken, before he bought the platform. (They even went to court to fight against him) So why should he keep them in the same positions, if they are working against him.  ??? ??? ???

I would have done the same thing, but I would have sat down with them and explained my actions and then I would have fired them. Twitter management made controversial decisions, that went against freedom of speech..and that is the main reason why Elon Musk fired them... they do not have his vision for what he wants to do with the platform.  ;)


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: NeuroticFish on October 31, 2022, 11:48:13 AM
He really meant about freedom of speech and he is not joking. His declaration about twitter monetization is also important

Actually the freedom of speech part is the advertising to keep the people focused on something nice.
Meanwhile, in the background, the monetization is the important part. Firing staff, charging 20$ every month for those who want the "verified" mark (https://www.theverge.com/2022/10/30/23431931/twitter-paid-verification-elon-musk-blue-monthly-subscription) are the first steps in that direction.
If anybody thought Elon buys Twitter do good for others, it's dreaming. He bought it as a business to earn him money.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: erep on October 31, 2022, 05:06:00 PM
Actually the freedom of speech part is the advertising to keep the people focused on something nice.
Meanwhile, in the background, the monetization is the important part. Firing staff, charging 20$ every month for those who want the "verified" mark (https://www.theverge.com/2022/10/30/23431931/twitter-paid-verification-elon-musk-blue-monthly-subscription) are the first steps in that direction.
If anybody thought Elon buys Twitter do good for others, it's dreaming. He bought it as a business to earn him money.
I don't believe that he's so rash changing everything for an update on twitter, should elon evaluate the progress for next year's roadmap without changing ground rules for users, I don't agree with the update about the $20 fee for wanting a "verified" sign, even though many people are declaring it's time to crypto twitter period but I'm not sure he will support his platform to be linked to pro-crypto unless he is concerned with his business needs. I hope that it's time for crypto social media to create big things in the future and my main hope is that he prioritizes social media services for all his users.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: el kaka22 on October 31, 2022, 06:49:09 PM
It is so sad that people started to use "freedom of speech" as a way of saying things that would be hurtful to others and consider it a freedom of speech. Just because you are free to say it, doesn't mean you should, there are nasty things that you could say to people that would not be acceptable in society, but allowed on twitter which is a weird dilemma.

If a famous celebrity came out and said "women are only good in kitchen, they shouldn't be acting, cook food and have sex with, that's all women are good for" then all of Hollywood would banish that actor and nobody would hire them ever again right? That's a wrong sentence that shouldn't be said right? Well on twitter you are "free" to say it, that's the problem, just because you are free to say it, doesn't mean it's an okay sentence to be tweeted.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Fortify on October 31, 2022, 08:56:12 PM
Well according to the blog post  (https://www.binance.com/en/news/top/7253061) "Elon Musk has officially become the owner of Twitter after the acquisition closed on Thursday. As reported by Reuters, Twitter’s CEO and CFO, who allegedly provided very little information and provided misinformation, was terminated from the contract and expelled from the head office.
On October 27, billionaire Elon Musk officially became the new owner of social media platform Twitter with a bid of $ 44 billion. The deal was completed after a long time when Elon Musk repeatedly changed his mind about the acquisition and went through a legal battle between the two sides.
Elon immediately fired the company’s executives and chief financial officers, Parag Agrawal and Ned Segal, and other issues. Legal issues and policy director Vijaya Gadde. These are the people Musk alleges they misled him and Twitter investors about the number of fake accounts on the social media platform".

Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state.

What are your thoughts?
 

It looks like today he also removed anyone remaining on the board of directors to consolidate his power, almost dictatorial in feel but it is clear he is an egomaniac. These two people really got the last laugh anyway, because they got to walk away with huge severance packages, could easily slide into a very senior position at an equally big company and likely have no interest in working with Elon at all. There seem to be many people now who are fed up with his endless bullsh*t and he will likely have to implement major changes, including charging for all sorts of stuff, in order to help him pay off the cost of Twitter. Even Elon knows he vastly overpaid for it.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Oilacris on October 31, 2022, 10:13:34 PM
It is so sad that people started to use "freedom of speech" as a way of saying things that would be hurtful to others and consider it a freedom of speech. Just because you are free to say it, doesn't mean you should, there are nasty things that you could say to people that would not be acceptable in society, but allowed on twitter which is a weird dilemma.

If a famous celebrity came out and said "women are only good in kitchen, they shouldn't be acting, cook food and have sex with, that's all women are good for" then all of Hollywood would banish that actor and nobody would hire them ever again right? That's a wrong sentence that shouldn't be said right? Well on twitter you are "free" to say it, that's the problem, just because you are free to say it, doesn't mean it's an okay sentence to be tweeted.
But people are excited about learning that CEO and CFO has been fired from twitter soon after the Musk joined the Twitter headquarter
And he has also resorted the Trump account and seems like it will give Trump great benefit as the midterm elections are round the corner
He can do whatever he wants.Its his company and he had completely bought it.Whatever decisions he would make then there would be no someone could able to oppose with that.

If he do find out that there are things turns out to be that offensive or something he doesnt like then he would do make out decisions on whats inside his mind.

Fire or hiring someone on said position then it would be his choice.Now that Twitter is owned by Elon now then lets see on what are the huge changes and
overhaul that he would be making with this platform or company.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: AndySt on October 31, 2022, 11:51:42 PM
He can do whatever he wants.Its his company and he had completely bought it.Whatever decisions he would make then there would be no someone could able to oppose with that. If he do find out that there are things turns out to be that offensive or something he doesnt like then he would do make out decisions on whats inside his mind.Fire or hiring someone on said position then it would be his choice.Now that Twitter is owned by Elon now then lets see on what are the huge changes and overhaul that he would be making with this platform or company.
Musk promised before the purchase that he would make Twitter a private company, so his power in the future will be even greater. The main problem of Twitter, which led to the sale of the company, is that it is still unprofitable and so could not find ways to generate solid profits. Therefore, it is quite understandable that Musk, after his acquisition of the company, dismisses the previous management, brings his people there and will directly manage the company himself. Then there will be inevitable staff cuts, which in Ilon's opinion are too many. Another question is that he also has Tesla, which is now experiencing a difficult period of time of transformation from a startup into a normal large car manufacturing enterprise and also requires a lot of attention. Will this attention be enough for both companies and will their activities suffer from this? Does he really need an additional headache and additional responsibility?


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Sithara007 on November 01, 2022, 04:10:18 AM
Firing the two Top empolyee is one of the best things Musk can do - many people are very happy with his decision

From what I read from mainstream media, these guys (Parag, Vijaya.etc) left with a fat paycheck. But nonetheless, their firings will be beneficial to Twitter in the long term. The first tweet that Elon put up after taking over Twitter was that "the bird has been set free". And this is exactly what happened. People like Parag and Vijaya were censoring anything that even remotely resembled right-wing viewpoint in Twitter, while protecting all the hate-speech (including calls for genocide) that was coming from the rabid left.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Joshapat on November 01, 2022, 06:04:14 AM
Now Elon Musk officially bought Twitter and the initial impact is that Doge prices have gone up more than 140% in a week, this is because the Twitter plan that will receive doge for transactions and I'm sure will have a positive impact on the market.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: SirLancelot on November 01, 2022, 06:51:22 AM
Do you think the Tesla CEO made the right move by firing these top people in the company?
I don't think we're in any position to decide if it's right or wrong, or criticize his decision. The company is now his and he alone decides what is right and what is wrong for it.  but one thing I know is whenever ownership of a company a business is transferred to another person, the lay off of some staffs in some key positions is usually expected. It is usually a strategic decision to bring people that you're certain will be loyal to you and will also share in your vision for the company.
Just don't take this question seriously because any answers here won't have any effect to elon as he already made the decision and I believe that his mind won't be changed anymore. I know some of us here will think that Elon is too cruel to do this but this move is actually normal.

Even our local government does this too like if when there is a new mayor that is elected, previous staffs are also being replaced by a new one or they are being replaced by the people who are related to that new mayor. I know the old ceo and cfo of twitter already expected this to happen so they are always read to pack up their bags and leave. They can still apply to other companies since they already have a good working experience.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Leviathan.007 on November 01, 2022, 07:54:18 AM
Twitter is currently one of the most famous social media and one of the oldest ones so maybe paying 44 billion to buy Twitter is not really a lot especially if you imagine the controlling this social media can give much ore power to Elon Musk by controlling this platform, in the other hand, he fired many important people from this company and this shows us that he is disagree with the correct situation of twitter and that's not surprising to see more important new like the thing about blue mark about twitter.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: virasog on November 01, 2022, 03:13:22 PM
Firing the two Top empolyee is one of the best things Musk can do - many people are very happy with his decision

From what I read from mainstream media, these guys (Parag, Vijaya.etc) left with a fat paycheck. But nonetheless, their firings will be beneficial to Twitter in the long term. The first tweet that Elon put up after taking over Twitter was that "the bird has been set free". And this is exactly what happened. People like Parag and Vijaya were censoring anything that even remotely resembled right-wing viewpoint in Twitter, while protecting all the hate-speech (including calls for genocide) that was coming from the rabid left.

Do you think firing the CFO and CEO will create a lot of panic among the employees in twitter and it will create a sense of fear in terms of job security?  Let's see how it will affect Twitter in the mid to long term.

By the way, has he announced the new CFO / CEO for Twitter, or the positions are vacant for now?

Now Elon Musk officially bought Twitter and the initial impact is that Doge prices have gone up more than 140% in a week, this is because the Twitter plan that will receive doge for transactions and I'm sure will have a positive impact on the market.

Twitter has been the main source of publishing tweets about the hype of dogecoin and now since Elon Musk has bought twitter we can say that "The stage is yours" for Dogecoin tweets to again gain hype. I think the future of dogecoin is good as long as Elon musk keep supporting it.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Sithara007 on November 02, 2022, 04:52:05 AM
~~~
Do you think firing the CFO and CEO will create a lot of panic among the employees in twitter and it will create a sense of fear in terms of job security?  Let's see how it will affect Twitter in the mid to long term.

By the way, has he announced the new CFO / CEO for Twitter, or the positions are vacant for now?

There should be no surprise. Elon was very clear even before the takeover about his intentions. He one put up a tweet (in reply to someone who asked him what was the biggest issue with Twitter) where he claimed that there are 10 staff who manage for every staff who does the coding. And animosity between guys such as Parag and Vijaya with Elon was also quite public. For now, Elon Musk is the new Twitter CEO. For other posts, it may take some time to find suitable replacements and fill the vacancies.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Kelvinid on November 02, 2022, 06:39:30 AM
~~~
Do you think firing the CFO and CEO will create a lot of panic among the employees in twitter and it will create a sense of fear in terms of job security?  Let's see how it will affect Twitter in the mid to long term.

By the way, has he announced the new CFO / CEO for Twitter, or the positions are vacant for now?

There should be no surprise. Elon was very clear even before the takeover about his intentions. He one put up a tweet (in reply to someone who asked him what was the biggest issue with Twitter) where he claimed that there are 10 staff who manage for every staff who does the coding. And animosity between guys such as Parag and Vijaya with Elon was also quite public. For now, Elon Musk is the new Twitter CEO. For other posts, it may take some time to find suitable replacements and fill the vacancies.
And he doesn't need these people as he wanted to make the business runs in his new way with a new set of people that he knows will follow and support his plan. That will also be my decision if I was in his position as this might creates some misunderstanding and miscommunication if the old organization remains. But to start with a new one is just like moving for another game plan. Elon Musk is not new in business, not even new in social media, and we knows he can take risk at all cost.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: bitgolden on November 02, 2022, 07:05:51 PM
And he doesn't need these people as he wanted to make the business runs in his new way with a new set of people that he knows will follow and support his plan. That will also be my decision if I was in his position as this might creates some misunderstanding and miscommunication if the old organization remains. But to start with a new one is just like moving for another game plan. Elon Musk is not new in business, not even new in social media, and we knows he can take risk at all cost.
I mean if you already have some CEO candidate in your mind, that would be good enough reason to fire someone, let alone the fact that the one he fired was openly attacking Elon until he bought it, so it was reasonable to fire him as well. Elon has just one problem, and I know it's not easy but it could be done somehow, which is not combining all of his projects together, if he tied them down it would be a lot smarter.

Imagine one company that owns solar city, tesla, spacex and twitter at the same time (and any other if he owns), they are still different companies, just owned by one big larger company, which would really work out better for him and he would have easier time handling it from one headquarters instead of going into each of them.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Quidat on November 02, 2022, 07:15:03 PM
And he doesn't need these people as he wanted to make the business runs in his new way with a new set of people that he knows will follow and support his plan. That will also be my decision if I was in his position as this might creates some misunderstanding and miscommunication if the old organization remains. But to start with a new one is just like moving for another game plan. Elon Musk is not new in business, not even new in social media, and we knows he can take risk at all cost.
I mean if you already have some CEO candidate in your mind, that would be good enough reason to fire someone, let alone the fact that the one he fired was openly attacking Elon until he bought it, so it was reasonable to fire him as well. Elon has just one problem, and I know it's not easy but it could be done somehow, which is not combining all of his projects together, if he tied them down it would be a lot smarter.

Imagine one company that owns solar city, tesla, spacex and twitter at the same time (and any other if he owns), they are still different companies, just owned by one big larger company, which would really work out better for him and he would have easier time handling it from one headquarters instead of going into each of them.
There's no such thing about hiring some candidate but rather he do make himself the sole director.  :D
Elon Musk named sole director of Twitter, dissolves board
Source: https://thehill.com/policy/technology/3712742-elon-musk-named-sole-director-of-twitter-dissolves-board/

So whats up into his mind? Or just simply he doesnt really want for any board and would just tend to run the company alone.
This is indeed an inevitable thing to be done by a company owner.Well, its his decision.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: coupable on November 02, 2022, 07:34:56 PM
Now Elon Musk officially bought Twitter and the initial impact is that Doge prices have gone up more than 140% in a week, this is because the Twitter plan that will receive doge for transactions and I'm sure will have a positive impact on the market.
Don't be too optimistic because this is not likely to happen for technical reasons related to the Dodge coin itself. Elon Musk is not that naive to make Dodge the official currency of the platform, but he may take this step to reap profits from the high price, especially since he needs money, since all estimates indicate that the Twitter platform will not bring him profits at the near and medium levels compared to the price at which he bought it.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Sithara007 on November 03, 2022, 03:03:24 AM
From what I read from mainstream media, these guys (Parag, Vijaya.etc) left with a fat paycheck. But nonetheless, their firings will be beneficial to Twitter in the long term. The first tweet that Elon put up after taking over Twitter was that "the bird has been set free". And this is exactly what happened. People like Parag and Vijaya were censoring anything that even remotely resembled right-wing viewpoint in Twitter, while protecting all the hate-speech (including calls for genocide) that was coming from the rabid left.
can you please shed light on this? I am interested in knowing more about how this firing will be affecting the company?

Elon's concern was that rather than doing any real work, most of the employees were trying to manipulate public opinion by selectively censor free speech (especially from the right). And this was very clear during the 2020 POTUS elections, when they suppressed any information on the Hunter Biden scandal, and flagged a number of Tweets from Donald Trump. The left had a free run all the time. People like Mahathir Mohamad (former PM of Malaysia) put up death threats in Twitter and was allowed to keep them.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: kotajikikox on November 03, 2022, 04:32:21 AM

Do you think the Tesla CEO made the right move by firing these top people in the company?

What are your thoughts?
 
He is the Owner and he knows what is good for His company , Elon had been in the same business for how many years now, he will never become  Multi Billionaire for nothing.

What he decides is whats best for twitter , so Sorry for the kicked Bosses meaning they don't get what the Owners wanted  for his company.

Congrats  to Elon Musk for Having twitter now.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: noorman0 on November 03, 2022, 11:32:21 AM
In other news, Elon Musk had to sacrifice $122 million in severance pay to the fired Twitter executives.
-snip-
According to firm Equilar, the executives stood to receive separation payouts totalling around $122m (£105m)

That's probably a fair amount to free D. Trump's account from suspension, lol. Well, the overall cost of bringing back the vision of twitter as a free speech space was like the dream of the first CEO.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: hugeblack on November 03, 2022, 05:23:36 PM
I read somewhere that a team of consultants at Tesla, SpaceX and other companies will run Twitter in the future, but will they succeed in the task as they succeeded in the previous companies?
The current CEO was appointed several months ago to succeed Jack, so he doesn't have much of a footprint.
Let's see how Twitter transforms after it became a private company.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: tvplus006 on November 03, 2022, 10:11:51 PM
Do you think the Tesla CEO made the right move by firing these top people in the company?

It would be wrong to assume that Elon Musk decision is wrong. It is obvious that Elon Musk has his own plans for the further development of Twitter and, accordingly, knows what qualities senior employees should have. If this were not the case, then Elon Musk would not have become the richest man in the world.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Sithara007 on November 04, 2022, 03:45:38 AM
It would be wrong to assume that Elon Musk decision is wrong. It is obvious that Elon Musk has his own plans for the further development of Twitter and, accordingly, knows what qualities senior employees should have. If this were not the case, then Elon Musk would not have become the richest man in the world.

He is undertaking some very risky moves. The most important one is the fee of $96 per year for having the blue tick. Previously this was free for well known personalities with large number of followers. Twitter back then justified it, claiming that these people increase the popularity of the platform and bring advertisement revenue. But then, there were allegations of bias as well, due to the openly left-wing political ideology of some of its high ranking employees. The paid subscription method will bring in revenue for Twitter, and it will make the entire process more unbiased and neutral.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Cookdata on November 04, 2022, 07:12:54 AM
Firing the two Top empolyee is one of the best things Musk can do - many people are very happy with his decision

People are happy because the sack was politically motivated, however, I think Musk sack them because he felt they were playing insider politics, he thinks they should have given freedom to the people and allowed them to have free speech but they were sanctioning and blocking accounts which is wrong in his opinion.

Elon has managed different businesses that came out excellently with massive revenues, who will query his decisions on Twitter when they know that his actions will bring in profits, just look at how they planned to implement $8 for a blue tick for every user, if that becomes active in the first quarter of 2023, I imagine billions they will generate in every quarter because most of the users want that feature badly.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Crypto Legend on November 04, 2022, 07:40:19 AM
After passing through a long process and a lot of controversy, now Elon Musk officially becomes the owner, and must pay up to $ 44 billion, I'm sure there is a business calculation when Elon Musk bought Twitter, even many experts believe that the current trend of doge increases because the Twitter plan receives Doge for ads transactions.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Majestic-milf on November 04, 2022, 10:36:39 AM
As regards the Twitter takeover by Elon, I doubt we'd be seeing the end to the ' renovations' to be done on the platform. As he took over, he fired Parag Agwaral and his cohorts and he's still looking to lay off over 3000.

 Recent news has it that he intends on cutting off "days of rest" from Twitter staff calendar. This company wide day off was introduced during the pandemic. His actions further explains his impatience with Twitter's existing work culture and his need to get it running according to his taste.
https://www.google.com/url?q=https://www.bloomberg.com/news/articles/2022-11-03/musk-eliminates-days-of-rest-from-twitter-employee-calendars&sa=U&ved=2ahUKEwiO1bPxqZT7AhW8RvEDHYkPCx8QFnoECAQQAg&usg=AOvVaw3eWZnXssPTLTWppsGOa9WE
 
You can call him unfeeling and a cold hearted bastard,  but that's just the way he is and he doesn't give two cents about critics.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: ultrloa on November 04, 2022, 12:08:15 PM
As regards the Twitter takeover by Elon, I doubt we'd be seeing the end to the ' renovations' to be done on the platform. As he took over, he fired Parag Agwaral and his cohorts and he's still looking to lay off over 3000.

 Recent news has it that he intends on cutting off "days of rest" from Twitter staff calendar. This company wide day off was introduced during the pandemic. His actions further explains his impatience with Twitter's existing work culture and his need to get it running according to his taste.
https://www.google.com/url?q=https://www.bloomberg.com/news/articles/2022-11-03/musk-eliminates-days-of-rest-from-twitter-employee-calendars&sa=U&ved=2ahUKEwiO1bPxqZT7AhW8RvEDHYkPCx8QFnoECAQQAg&usg=AOvVaw3eWZnXssPTLTWppsGOa9WE
 
You can call him unfeeling and a cold hearted bastard,  but that's just the way he is and he doesn't give two cents about critics.

They sue him just to make the deal to so what you can expect him to do? its part of revenge so I guess Musk is just doing some cleaning so that he can make sure that the people who works with him always obey his command. Although its really harsh to fire that number of employee but they cannot do anything with the decision of Elon since in the first place he's the new owner of the platform.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Marvell1 on November 04, 2022, 12:57:40 PM

Do you think the Tesla CEO made the right move by firing these top people in the company?

What are your thoughts?
 
He is the Owner and he knows what is good for His company , Elon had been in the same business for how many years now, he will never become  Multi Billionaire for nothing.

What he decides is whats best for twitter , so Sorry for the kicked Bosses meaning they don't get what the Owners wanted  for his company.

Congrats  to Elon Musk for Having twitter now.

Although I don't like how he manipulates the doge for his own gain but it is undeniable that he is a very talented person and holds the position of the richest person in the world at a relatively young age compared to other billionaires. I don't know if those who are criticizing or disparaging him, have done anything as he did. If can't be better than him, don't criticize him, it's a sign of envy. I also believe he will do better than previous owners did, Twitter will be like Tesla or Spacex will grow bigger.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: trendcoin on November 04, 2022, 08:11:48 PM
Twitter is a popular social media site used all over the world to set the agenda. That's why even all heads of state make official statements on this site. It serves almost like an official broadcaster for state bodies. Elon Musk did a very wise job by purchasing this site, but it would not be right to expect a centralized structure to provide impartial service and Elon Musk had previously explained his political thinking. I think he made layoffs for political reasons and we can't blame him for that because it was the other way around before.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: eightdots on November 04, 2022, 09:15:31 PM

Do you think the Tesla CEO made the right move by firing these top people in the company?

What are your thoughts?
 
He is the Owner and he knows what is good for His company , Elon had been in the same business for how many years now, he will never become  Multi Billionaire for nothing.

What he decides is whats best for twitter , so Sorry for the kicked Bosses meaning they don't get what the Owners wanted  for his company.

Congrats  to Elon Musk for Having twitter now.

Although I don't like how he manipulates the doge for his own gain but it is undeniable that he is a very talented person and holds the position of the richest person in the world at a relatively young age compared to other billionaires. I don't know if those who are criticizing or disparaging him, have done anything as he did. If can't be better than him, don't criticize him, it's a sign of envy. I also believe he will do better than previous owners did, Twitter will be like Tesla or Spacex will grow bigger.

He may use Twitter for any purpose. We all know that he wrote everything he wrote about the crypto market on Twitter. Now it will move even easier. I agree with what Elon said about bots. They made Twitter unusable now. In my opinion, it will now be able to influence the crypto market even more comfortably. He will be able to make all kinds of speculations easily. Maybe that was its purpose. We have to accept this. This man is very smart. Although he has different movements, this does not change the fact that he is intelligent. I agree with what you said about jealousy.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: ingiltere on November 04, 2022, 09:49:35 PM
I don't understand why would people think they can dictate Elon what he should do or don't. He bought the company, he has power to pick who will work under him. Did he pay their compensation when he fired them? Yes, so what's the problem here?
Personally I think Twitter was a dying place, but now there is fresh air. Maybe new management can save the app and bring back its old users.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: blockman on November 04, 2022, 09:53:08 PM
I don't understand why would people think they can dictate Elon what he should do or don't. He bought the company, he has power to pick who will work under him. Did he pay their compensation when he fired them? Yes, so what's the problem here?
Personally I think Twitter was a dying place, but now there is fresh air. Maybe new management can save the app and bring back its old users.
Exactly. He can fire whoever he wants as he owns the company now. I'm sure that he won't just fire someone without doing a quick background check and there's a reason for him to do that. New management is always good to see how it will progress and the changes might be painful as of now.
But we'll see how he's going to make it lively again, he owns a lot of companies and he knows what he's doing, this type of thing is an easy thing for him to at least bump the company. Well, it's actually effective as he easily took the media attention.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Gyfts on November 04, 2022, 10:34:20 PM
It is so sad that people started to use "freedom of speech" as a way of saying things that would be hurtful to others and consider it a freedom of speech. Just because you are free to say it, doesn't mean you should, there are nasty things that you could say to people that would not be acceptable in society, but allowed on twitter which is a weird dilemma.

If a famous celebrity came out and said "women are only good in kitchen, they shouldn't be acting, cook food and have sex with, that's all women are good for" then all of Hollywood would banish that actor and nobody would hire them ever again right? That's a wrong sentence that shouldn't be said right? Well on twitter you are "free" to say it, that's the problem, just because you are free to say it, doesn't mean it's an okay sentence to be tweeted.

Free speech was never meant to protect speech that people already agreed with. Free speech is intended to protect speech that is unpopular. There wouldn't be any need of free speech if you said things that were universally accepted as being true or popular. Protecting speech is really something the government should be doing anyways, not a private platform like twitter. Elon made the argument, which I agree with, that Twitter acts as the public town square where ideas and conversations occur in a digital world -- restriction from these conversations is akin to being denied the entitlement to free speech. You're more than welcome to say things that are hurtful or unpopular, you nor anyone else is required to listen.

And by the way, you're able to maintain decorum my just muting or blocking any account you're not inclined to listen to.

10 years ago I'd agree that hate speech shouldn't be included in free speech on private platforms. The idea of hate speech has transformed into "speech I disagree with" unfortunately.


Title: Re: Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO
Post by: Mahanton on November 04, 2022, 11:52:06 PM
I don't understand why would people think they can dictate Elon what he should do or don't. He bought the company, he has power to pick who will work under him. Did he pay their compensation when he fired them? Yes, so what's the problem here?
Personally I think Twitter was a dying place, but now there is fresh air. Maybe new management can save the app and bring back its old users.
You would really always be presuming that people would be always have something to say on whatever decisions he would be take whether he would retain those board or would really be totally dissolving.
Come to mind that we arent really that having the rights on what he should gonna do with his company whether he would be the sole director or not.Its his money that had been spent on owning
the company and its none of our god damn business on what he should gonna do.People had been pin pointing on what are the plans that he do have nor the words had been spoken out
but in the end of the day he would be the one on making the final decision.