Twitter end of an era. Elon Musk at the helm

Elon Musk “added Twitter to his business empire after months of legal wrangling" he says The Verge.

Η πρώτη κίνηση του Musk την Πέμπτη ήταν να διώξει τον Parag Agrawal, ο οποίος ήταν ο τελευταίος διευθύνων σύμβουλος του Twitter σαν δημόσια . Ο οικονομικός διευθυντής Ned Segal και η Vijaya Gadde, επικεφαλής πολιτικής της εταιρείας, τον οποίο ο Musk είχε επικρίνει δημόσια, φέρεται να έφυγαν επίσης.

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Sean Edgett, the general counsel, also left, they mention the New York Times, adding that at least one of those executives was removed by company security. Chief Customer Officer Sarah Personette was also fired, he says the Insider.

Those executives received high compensation, Insider reports: Agrawal got $38,7 million, Segal $25,4 million, Gadde $12,5 million and Personette, who tweeted yesterday how excited she was about the purchase of Musk, got $11,2 million

Of course, there are still questions about what Musk plans to do with Twitter, although he has made several public comments.

Twitter also faces many pros for his stance on free speech in court. Musk has proposed changing the way the company's moderation policy works, possibly loosening the regulations that permanently barred former President Donald Trump from the platform.

Although Musk had said that acquiring Twitter “isn't a way out ”, is said to have ideas for reducing costs and increasing revenue.

Governments and companies could be charged a "small fee" to use Twitter and there could be job cuts to improve the company's financial performance.

Musk had talked about using Twitter as an "X app for everything." It was a reference to the Chinese app , which started as an exchange platform , αλλά έκτοτε έχει αναπτυχθεί για να περιλαμβάνει πολλές επιχειρήσεις, για αγορές, πληρωμές και παιχνίδια. “Βασικά ζείτε στο WeChat της Κίνας”, είπε ο Musk στους υπαλλήλους του Twitter τον Ιούνιο.

"If we can recreate Twitter like this, we will be very successful."

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Written by giorgos

George still wonders what he's doing here ...

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