{"id":80488,"date":"2022-10-28T08:52:07","date_gmt":"2022-10-28T05:52:07","guid":{"rendered":"https:\/\/www.capitalfm.co.ke\/business\/?p=80488"},"modified":"2022-10-28T08:52:07","modified_gmt":"2022-10-28T05:52:07","slug":"elon-musk-takes-control-of-twitter-fires-executives","status":"publish","type":"post","link":"https:\/\/www.capitalfm.co.ke\/business\/2022\/10\/elon-musk-takes-control-of-twitter-fires-executives\/","title":{"rendered":"Elon Musk takes control of Twitter, fires executives"},"content":{"rendered":"<p><strong><span class=\"city\">San Francisco<\/span>,\u00a0<span class=\"country\">United States, <\/span>Oct 28 \u2013 Elon\u00a0Musk\u00a0took 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&#8217;s richest man.<\/strong><\/p>\n<p>Following the takeover,\u00a0Musk\u00a0tweeted that the &#8220;the bird is freed,&#8221; referencing the company&#8217;s iconic avian logo.<\/p>\n<p>He wasted no time sacking chief executive Parag Agrawal, as well as the company&#8217;s chief financial officer and its head of safety, the Washington Post and CNBC reported citing unnamed sources.<\/p>\n<p>Agrawal previously went to court to hold the Tesla chief to the terms of a deal he had tried to escape.<\/p>\n<p>The takeover came hours before the court-appointed deadline for\u00a0Musk\u00a0to seal his on-again, off-again deal to purchase the social media network.<\/p>\n<p>Musk\u00a0tweeted earlier in the day that he was buying Twitter &#8220;because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner.&#8221;<\/p>\n<p>Twitter did not immediately reply to a request for comment on the departure of its top executives, but the platform&#8217;s co-founder Biz Stone thanked the trio &#8212; Agrawal, Ned Segal and Vijaya Gadde &#8212; for their &#8220;collective contribution to Twitter.&#8221;<\/p>\n<p>&#8220;Massive talents, all, and beautiful humans each.&#8221;<\/p>\n<h2>&#8211; &#8216;Chief Twit&#8217; &#8211;<\/h2>\n<p>The closure of the deal marks the culmination of a long and drawn out back-and-forth between the billionaire and the social network.<\/p>\n<p>Musk\u00a0tried to step back from the Twitter deal soon after his unsolicited offer was accepted in April, and said in July he was canceling the contract because he was misled by Twitter over the number of fake &#8220;bot&#8221; accounts &#8212; allegations rejected by the company.<\/p>\n<p>Twitter, in turn, sought to prove\u00a0Musk\u00a0was contriving excuses to walk away simply because he changed his mind.<\/p>\n<p>After\u00a0Musk\u00a0sought to terminate the sale, Twitter filed a lawsuit to hold\u00a0Musk\u00a0to the agreement.<\/p>\n<p>With a trial looming, the unpredictable billionaire capitulated and revived his takeover plan.<\/p>\n<p>Musk\u00a0signaled the deal was on track this week by changing his Twitter profile to &#8220;Chief Twit&#8221; and posting a video of himself walking into the company&#8217;s California headquarters carrying a sink.<\/p>\n<p>&#8220;Let that sink in!&#8221; he quipped.<\/p>\n<p>He even shared a picture of himself socializing at a coffee bar at Twitter headquarters earlier in the day Thursday.<\/p>\n<p>Musk\u00a0said during a recent Tesla earnings call that he was &#8220;excited&#8221; about the Twitter deal even though he and investors are &#8220;overpaying.&#8221;<\/p>\n<h2>&#8211; Twitter free-for-all? &#8211;<\/h2>\n<p>Some employees who would prefer not to work for\u00a0Musk\u00a0have already left, said a worker who asked to remain anonymous in order to speak more freely.<\/p>\n<p>&#8220;But a portion of people, including me, are willing to give him the benefit of the doubt for now,&#8221; the employee said.<\/p>\n<p>The idea of\u00a0Musk\u00a0running Twitter has alarmed activists who fear a surge in harassment and misinformation, with\u00a0Musk\u00a0himself known for trolling other Twitter users.<\/p>\n<p>But\u00a0Musk\u00a0said he realizes Twitter &#8220;cannot become a free-for-all hellscape where anything can be said with no consequences.&#8221;<\/p>\n<p>Musk\u00a0has vowed to dial content moderation back to a bare minimum, and is expected to clear the way for former US president Donald Trump to return to the platform.<\/p>\n<p>The then-president was blocked due to concerns he would ignite more violence like the deadly attack on the Capitol in Washington to overturn his election loss.<\/p>\n<p>Far-right users were quick to rejoice on the network, posting comments such as &#8220;masks don&#8217;t work&#8221; and other taunts, under the belief that moderation rules will now be relaxed.<\/p>\n<p>&#8220;Free speech will always prevail,&#8221; tweeted Republican Senator Marsha Blackburn of Tennessee, prompting replies including &#8220;says the party that bans books.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Francisco,\u00a0United States, Oct 28 \u2013 Elon\u00a0Musk\u00a0took 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&#8217;s richest man. Following the takeover,\u00a0Musk\u00a0tweeted that the &#8220;the bird is freed,&#8221; referencing the company&#8217;s iconic avian logo. He wasted [&hellip;]<\/p>\n","protected":false},"author":12327,"featured_media":80489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,687,3],"tags":[2461,934,7048,28],"coauthors":[695],"class_list":["post-80488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-media","category-top-stories","category-world","tag-elon-musk","tag-featured","tag-fired-executives","tag-twitter"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elon Musk takes control of Twitter, fires executives - Capital Business<\/title>\n<meta name=\"description\" content=\"San Francisco,\u00a0United States, Oct 28 \u2013 Elon\u00a0Musk\u00a0took control of Twitter and fired its top executives late Thursday in a deal that puts one of the leading Kenya breaking news | Kenya news today |\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.capitalfm.co.ke\/business\/2022\/10\/elon-musk-takes-control-of-twitter-fires-executives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk takes control of Twitter, fires executives\" \/>\n<meta property=\"og:description\" content=\"San Francisco,\u00a0United States, Oct 28 \u2013 Elon\u00a0Musk\u00a0took control of Twitter and fired its top executives late Thursday in a deal that puts one of the leading Kenya breaking news | Kenya news today |\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.capitalfm.co.ke\/business\/2022\/10\/elon-musk-takes-control-of-twitter-fires-executives\/\" \/>\n<meta property=\"og:site_name\" content=\"Capital Business\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/capitalfmkenya\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-28T05:52:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.capitalfm.co.ke\/business\/files\/2022\/10\/000_32MB44E-e1666936297694.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"630\" \/>\n\t<meta property=\"og:image:height\" content=\"472\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"AGENCE FRANCE PRESSE\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CapitalFM_Kenya\" \/>\n<meta name=\"twitter:site\" content=\"@capitalfmkenya\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"AGENCE FRANCE PRESSE\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.capitalfm.co.ke\/business\/2022\/10\/elon-musk-takes-control-of-twitter-fires-executives\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.capitalfm.co.ke\/business\/2022\/10\/elon-musk-takes-control-of-twitter-fires-executives\/\"},\"author\":{\"name\":\"AGENCE FRANCE PRESSE\",\"@id\":\"https:\/\/www.capitalfm.co.ke\/business\/#\/schema\/person\/5ac1f7a97779c29ffe444c4a45d6ec1e\"},\"headline\":\"Elon Musk takes control of Twitter, fires executives\",\"datePublished\":\"2022-10-28T05:52:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.capitalfm.co.ke\/business\/2022\/10\/elon-musk-takes-control-of-twitter-fires-executives\/\"},\"wordCount\":631,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.capitalfm.co.ke\/business\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.capitalfm.co.ke\/business\/2022\/10\/elon-musk-takes-control-of-twitter-fires-executives\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.capitalfm.co.ke\/business\/files\/2022\/10\/000_32MB44E-e1666936297694.jpg\",\"keywords\":[\"Elon Musk\",\"featured\",\"fired executives\",\"Twitter\"],\"articleSection\":[\"Social Media\",\"Top Story\",\"World\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.capitalfm.co.ke\/business\/2022\/10\/elon-musk-takes-control-of-twitter-fires-executives\/\",\"url\":\"https:\/\/www.capitalfm.co.ke\/business\/2022\/10\/elon-musk-takes-control-of-twitter-fires-executives\/\",\"name\":\"Elon Musk takes control of Twitter, fires executives - 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Elon Musk took control of Twitter and fired its top executives, US media reported late October 27, 2022, in a deal that puts one of the top 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 legal policy, trust and safety, the Washington Post and CNBC reported citing unnamed sources. 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Elon Musk took control of Twitter and fired its top executives, US media reported late October 27, 2022, in a deal that puts one of the top 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 legal policy, trust and safety, the Washington Post and CNBC reported citing unnamed sources. 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