What's Hot

    HanchorBio Announces First Patient Dosed in the Phase 1 Multi-Regional Clinical Trial of HCB101

    October 3, 2023

    CGFNS Appoints Credential Evaluation Thought Leader to Head Up Knowledge Management

    October 3, 2023

    Finland blazes a trail with the world’s first digital passport system

    October 3, 2023
    Singapore UpdateSingapore Update
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • Lifestyle
    • News
    • Sports
    • Technology
    • Travel
    Singapore UpdateSingapore Update
    Home » Obstinate Elon Musk ousts top Twitter executives
    Business

    Obstinate Elon Musk ousts top Twitter executives

    October 28, 2022
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    Two people familiar with the situation said Thursday night that Elon Musk had taken over Twitter and sacked the company’s chief executive, chief financial officer, and top lawyer. According to the Associated Press, the people would not confirm whether all the paperwork for the deal, originally valued at $44 billion, had been signed or if it had been closed. Nevertheless, they claim Musk is in charge of the social media platform and fired CEO Parag Agrawal, CFO Ned Segal, and Chief Legal Counsel Vijaya Gadde.

    Obstinate Elon Musk ousts top Twitter executivesThe departures came just hours before a Delaware judge set a Friday deadline to finalize the deal. If no agreement was reached, she threatened to schedule a trial. While the major personnel changes came quickly, they were widely expected and almost certainly represent the first of many changes to follow from Tesla‘s cynical CEO. In early October, the Delaware Chancery Court ordered the deal to be closed by Friday.

    This is the latest step in a battle that began in April when Musk signed a deal to acquire Twitter. Musk then backed out, leading Twitter to sue Musk to force him to close the deal. A November trial could lead to a judge forcing Musk to complete the deal if the two sides don’t meet Friday’s deadline. Musk, however, has indicated that the deal is proceeding through. As he entered the company’s San Francisco headquarters Wednesday, he changed his Twitter profile to “Chief Twit” and tweeted “Entering Twitter HQ – let that sink in! ” perceived by social media as a cheap publicity stunt.

    Related Posts

    World Bank’s revised outlook for East Asia reflects China’s economic hurdles

    October 3, 2023

    Maritime’s green future priced at $28 billion annually until 2050 by UNCTAD

    September 29, 2023

    From India to Brazil, leadership transition marks G20 Summit’s conclusion

    September 11, 2023

    African Union Inducted into G20 on India’s Initiative

    September 9, 2023

    Biden and Modi cement ties as India ascends global stage

    September 9, 2023

    Digital work revolution sees the world’s gig economy expand by 12 percent

    September 8, 2023
    Latest News

    Finland blazes a trail with the world’s first digital passport system

    October 3, 2023

    World Bank’s revised outlook for East Asia reflects China’s economic hurdles

    October 3, 2023

    Amazon drought results in over 100 dolphin deaths

    October 2, 2023

    Maritime’s green future priced at $28 billion annually until 2050 by UNCTAD

    September 29, 2023

    World Tourism Day 2023 calls for sustainable growth in tourism

    September 26, 2023

    UAE and India discuss strategic ties at UNGA78 in New York

    September 26, 2023

    Leaders of UAE and Netherlands convene to reinforce mutual cooperation

    September 26, 2023

    From India to Brazil, leadership transition marks G20 Summit’s conclusion

    September 11, 2023
    © 2021 Singapore Update | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.