Elon Musk Becomes Owner Of Twitter, Immediately Fires CEO And CFO

[Bitstar_coin]

Well according to the blog post "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?
 

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[mk4]

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.

[mindrust]

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

[eaLiTy]

~
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.

[teosanru]

Well according to the blog post "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.

[Gozie51]

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.

[Hydrogen]

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.

[jackg]

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).

[coupable]

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.

[cozytrade]

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.

[Upgrade00]

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.

[DVlog]

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.

[dothebeats]

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).

[Rruchi man]

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.

[Captain Corporate]

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).

[Cryptomultiplier]

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.

[The Sceptical Chymist]

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.

[KennyR]

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.

[Gyfts]

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.

[Techkoy407]

Well according to the blog post

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.