Best News Network

Elon Musk fires Twitter CEO, executives after completing takeover: sources

Efforts by former Twitter CEO Jack Dorsey to reconcile Musk, a longtime Dorsey friend, and Agrawal after the deal was announced also ended poorly. “At least it became clear that you can’t work together,” Dorsey messaged Musk after a group call. “That was clarifying.”

Agrawal won’t be leaving empty-handed. As part of the deal, the CEO will vest 100 per cent of his unvested equity awards, according to a filing. Research firm Equilar estimated that means he’ll make an estimated $US42 million, Reuters reported.

Loading

As Twitter’s head of legal and policy issues, Gadde has overseen the creation and enforcement of rules for hundreds of millions of internet users, including prominent ones that are subject to looser content limitations under the company’s exemptions for newsworthy posts or world leaders’ communications. In acquiring Twitter, Musk has promised to turn it into a less-restrictive platform for free speech, a move he has said is “essential to a functioning democracy.”

Gadde was hit with a spate of online abuse earlier this year after Musk publicly criticised content-related decisions at Twitter. The company permanently banned former US president Donald Trump in January 2021 following his supporters’ attack on the Capitol. Musk’s statements leading up to his purchase of the social-media company have led many to expect the billionaire will restore Trump’s account and reinstate other users who have been blocked for breaking rules on offensive or dangerous content.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.