HomeNewsWorldElon Musk completes $44 billion acquisition of Twitter

Elon Musk completes $44 billion acquisition of Twitter

Musk terminated Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde, according to people familiar with the matter.

October 28, 2022 / 09:42 IST
Representative image

Representative image

Elon Musk completed his $44 billion acquisition of Twitter Inc late on Thursday and his first move was to fire the social media company's top leadership which he accused of misleading him over the number of spam accounts on the platform.

Elon Musk tweeted this today morning. Elon Musk tweeted this today morning.

Musk terminated Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde, according to people familiar with the matter. Agrawal and Segal were in Twitter's San Francisco headquarters when the deal closed and were escorted out, the sources added.

Twitter, Musk and the executives did not immediately respond to requests for comment.

 

Reuters
first published: Oct 28, 2022 06:48 am

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