The social media group confirmed the deal in a brief filing on the New York Stock Exchange yesterday morning, disclosing that the deal had closed the day before. Shares in the company have been suspended and will delist on 8 November, capping a chaotic saga that began when the billionaire first announced his plans to take the business private in April.
Musk marked the transaction with a post to his 110 million followers declaring “the bird is freed”, in a reference to the company’s corporate logo, before adding: “let the good times roll”.
Musk is expected to take on the role of chief executive at Twitter while he searches for new leadership. Shortly after taking over, he reportedly ousted several senior figures, including the chief executive, Parag Agrawal ; Ned Segal , the chief financial officer; and Vijaya Gadde , the head of legal policy, trust and safety.
Yesterday Martha Lane Fox, the co-founder of lastminute.com and a Twitter board member, paid tribute to Agrawal, Gadde and Segal, thanking them for “leading with incredible integrity and care ”.
News of the deal, after months of legal back-and-forth , brought immediate warnings that it must not lead to a surge in hate speech and disinformation on the platform, which has more than 230 million users. Musk, a self-described “free speech absolutist”, has said he intends to bring banned users, including Donald Trump, back to the platform.
Bu hikaye The Guardian dergisinin October 29, 2022 sayısından alınmıştır.
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Bu hikaye The Guardian dergisinin October 29, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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