The deal between Elon Musk and Twitter has reportedly closed, and with it the billionaire has taken control of the social media giant. According to close sources speaking to the New York Times, Musk has began his ownership with the firing of top executives, including the CEO.
Alongside CEO Parag Agrawal, Musk is also said to have fired CFO Ned Segal and head of legal policy, trust and safety Vijaya Gadde. The firing of Gadde is particularly significant, as she was a central figure in the decision to permanently suspend former President Donald Trump. Musk has previously made clear his intent to make Twitter a “town square” with a focus on free speech, and this has long been speculated to signal a possible return of Trump to the platform.
Earlier today Musk tweeted a message to advertisers using the social media platform. He stresses that whilst Twitter “cannot become a free-for-all hellscape, where anything can be said with no consequences,” he still believes that “it is important to the future of civilisation to have a common digital town square.” As we reported, this tweet was our first sign of Musk’s ownership of Twitter, which now seems to have been true.
With Musk firing key figures in Twitter, it’s clear his plan to restructure the site under his vision is one that was not just talk. Musk’s tweets have often caused concern for many about what the future of the platform could be like, even causing the Biden administration to consider the deal a national security issue, allegedly. We will be sure to provide coverage on what changes Musk brings to the platform next.
How do you feel about Elon Musk’s first moves as Twitter owner? How do you feel about the future of Twitter? Let us know in the comments below, and keep your eyes on TeqLuster for the latest tech news.