Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company's general counsel, two people familiar with the deal told the Associated Press Thursday night.
and ousted the CEO, chief financial officer and the company's general counsel, two people familiar with the deal told The Associated Press on Thursday night.
"As we have discussed, the easy part for Musk was buying Twitter," Wedbush analyst Dan Ives said in a report."The difficult part, and Everest-like uphill battle looking ahead, will be fixing this troubled asset." More challenging will be devising a strategy to drive growth at Twitter, whose roughly 238 million regular users pale in comparison to other social networks like Facebook and TikTok. On that front, Musk has previously floated the idea of creating a"super app" like WeChat, which in China is used for everything from banking and hailing a ride to buying groceries and chatting with friends.
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Report: Elon Musk officially takes over Twitter; Fires CEO Parag Agrawal, CFO Ned SegalElon Musk closed out the $44 billion deal to acquire San Francisco-based social media giant Twitter Thursday evening and immediately cleaned out the C-suite, firing CEO Parag Agrawal and CFO Ned Segal, according to published reports.
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Breaking: Elon Musk is now in charge of TwitterFormer Twitter CEO Parag Agrawal and CFO Ned Segal have reportedly left the company's headquarters 'as the Musk era begins.'
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Elon Musk Buys Twitter, Fires CEO and CFOElon Musk completed his takeover of Twitter and fired Chief Executive Parag Agrawal and Chief Financial Officer Ned Segal, according to people familiar with the matter.
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Elon Musk takes control of Twitter, fires CEO and CFO, sources sayElon Musk has completed his deal to buy Twitter and has taken control, firing CEO Parag Agrawal and CFO Ned Segal, according to sources.
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