INSUBCONTINENT EXCLUSIVE:
Elon Musk has taken ownership of Twitter Inc (TWTR.N) with brutal efficiency, firing top executives immediately but providing little clarity
over how he will achieve the lofty ambitions he has outlined for the influential social media platform, Reuters reported.&The bird is
freed,& he tweeted after he completed his $44 billion acquisition on Thursday, referencing Twitter&s bird logo in an apparent nod to his
desire to see the company have fewer limits on content that can be posted.The CEO of electric car maker Tesla Inc (TSLA.O) and
self-described free speech absolutist has, however, also said he wants to prevent the platform from becoming an echo chamber for hate and
division.Other goals include wanting to &defeat& spam bots on Twitter and make the algorithms that determine how content is presented to its
users publicly available, read the report.Yet Musk has not offered details on how he will achieve all this and who will run the company
He has said he plans to cut jobs, leaving Twitter&s 7,500 employees fretting about their future
He also said on Thursday he did not buy Twitter to make more money but &to try to help humanity, whom I love.&According to Reuters Musk
fired 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
He had accused them of misleading him and Twitter investors over the number of fake accounts on the platform.Agrawal and Segal were in
Twitter&s San Francisco headquarters when the deal closed and were escorted out, the sources added.Musk, who also runs rocket company
SpaceX, plans to become Twitter&s CEO after completing the acquisition and also plans to scrap permanent bans on users, Bloomberg reported,
citing a person familiar with the matter.Twitter, Musk and the executives did not immediately respond to requests for comment.The post Musk
begins his Twitter ownership with firings, declares the ‘bird is freed& first appeared on Ariana News.
