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Thursday, April 25, 2024

Elon Musk takes control of Twitter, fires executives

Twitter’s chief executive along with its finance officer and head of safety were reportedly sent packing as Elon Musk took ownership

SAN FRANCISCO: Elon Musk took control of Twitter and fired its top executives late Thursday in a deal that puts one of the leading platforms for global discourse in the hands of the world’s richest man.

Musk sacked chief executive Parag Agrawal, as well as the company’s chief financial officer and its head of safety, the Washington Post and CNBC reported citing unnamed sources.

Agrawal went to court to hold the Tesla chief to the terms of a takeover deal he had tried to escape.

The reports came hours before the court-appointed deadline for Musk to seal his on-again, off-again deal to purchase the…

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