Twitter CEO Jack Dorsey hands reins to technology chief Agrawal
Dorsey, who co-founded Twitter in 2006, is leaving after overseeing the launch of new ways to create content through newsletters or audio conversations while simultaneously serving as CEO of his payments processing company Square.
The departures come after billionaire Elon Musk’s $44 billion takeover of the company last week, followed by his firing of CEO Parag Agrawal, Chief Financial Officer Ned Segal, and legal affairs and policy chief Vijaya Gadde.
WASHINGTON: Despite doubting his intentions multiple times to follow through with the USD 44 billion Twitter acquisition deal, Tesla CEO Elon Musk is now in charge of Twitter, CNBC reported. As per sources, Twitter CEO Parag Agrawal and finance chief Ned Segal have left the company’s San Francisco headquarters and will not be returning as […]
April 30: Twitter (TWTR.N) Chief Executive Parag Agrawal sought to quell employee anger on Friday during a company-wide meeting where employees demanded answers to how managers planned to handle an anticipated mass exodus prompted by Elon Musk.
Twitter has accepted Elon Musk's offer to buy the firm for $44 billion, according to a press release issued today by the company. Musk paid $54.20 per share for the firm, which was the same amount he offered on April 14th. Free speech is the backbone of a functional democracy, and Twitter is the digital town square where important issues affecting humanity's future are debated.
Musk said in a statement accompanying the announcement. "I also want to make Twitter better than it has ever been by adding new features, opening up the algorithms to boost trust, combating spam bots, and authenticating all people." In the press announcement, Twitter CEO Parag Agrawal praised the deal as well. In an accompanying statement, Agrawal added, "Twitter has a purpose and importance that touches the entire globe." "We are extremely proud of our teams and motivated by work that has never been more critical."
In an SEC filing on Thursday, Musk outlined his...
WASHINGTON: Microblogging site Twitter on Monday announced that Tesla CEO Elon Musk will not be joining the company’s board of directors. The announcement was made by Twitter CEO Parag Agrawal. “Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here,” tweeted Agrawal sharing the […]
Dorsey, who co-founded Twitter in 2006, is leaving after overseeing the launch of new ways to create content through newsletters or audio conversations while simultaneously serving as CEO of his payments processing company Square.
