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Elon Musk completes $44B Twitter takeover, begins firing execs
ESPN ^ | October 27, 2022 | Thomas Barrabi and Theo Wayt

Posted on 10/27/2022 7:51:48 PM PDT by nickcarraway

Elon Musk finally completed his $44 billion Twitter takeover deal, firing the company’s CEO and financial chief and ending a lengthy tug-of-war with its board of directors just before a key deadline, according to a source close to the situation.

Musk took the struggling social network private late Thursday, ousting Chief Executive Parag Agrawal and Chief Financial Officer Ned Segal, according to the source, who spoke on condition of anonymity. It wasn’t immediately clear who would replace them.

Musk also fired Vijaya Gadde, Twitter’s top legal and policy executive, and Sean Edgett, general counsel, according to the Wall Street Journal.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: andagain; elonmusk; musk; truthsocial; twitter
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To: TigerClaws

Agreed. Zuckerbucks here in Wisconsin made the difference. Trump won otherwise. Grrr.


21 posted on 10/27/2022 8:19:28 PM PDT by WaterWeWaitinFor (Pray for the safety of President Trump, his family, and We The People. )
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To: Vision

Elon said he loves a good effective ad, so I hope he videoed these firings - showingbthem carrying theair cardboard box out the door would be the best way to promote the new Twitter.


22 posted on 10/27/2022 8:19:45 PM PDT by bigbob (z)
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To: Dennis M.

Yes, it’s a damn good start!


23 posted on 10/27/2022 8:21:54 PM PDT by sjmjax
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To: WaterWeWaitinFor

Zuckerberg, who just so happens to be Jewish, spent $300m on one election.

Didn’t Dinesh - the conservative filmmaker - get federal jail time for giving an extra 5 or 10 grand to a candidate?

But that’s (D)ifferent.

Amazing what happened to Kanye. He went from billionaire to $400m. He can’t play in stadiums. Banned from Peleton. Agent dropped him. Lawyers dropped him. GAP threw out his clothes. Adidas severed ties and said they own his designs so that’s headed for litigation. He’s soon to be off Spotify and other sites. Basically, canceled.

Had he said ‘the whites this’ or ‘the whites that’ or Christians this or that = no problem.

That’s a lot of power. Picking our presidents and Congress and ruling our culture so that a billionaire black man can be busted down to possibly nothing.


24 posted on 10/27/2022 8:28:27 PM PDT by TigerClaws
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To: TigerClaws

Hmm, sounds like paper billions, not cash in the bank billions.
So pretty much the same as what Gov Org spends.


25 posted on 10/27/2022 8:32:34 PM PDT by Ex gun maker. (Free thinking is now a radical concept, I will not be assimilated by PC or EV groupthink!)
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To: nickcarraway

Now if I can remember my Twitter password...


26 posted on 10/27/2022 8:33:46 PM PDT by Chuckster (Friends don't let friends eat farmed fish)
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To: nickcarraway

ESPN?


27 posted on 10/27/2022 8:38:15 PM PDT by Fledermaus (With Trans Republicans like McCarthy and McConnell do we really want them to win Congress in 2022?)
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To: RandFan

I don’t give two cents about that grifter

The real test is If they unban Trump and all of his followers


28 posted on 10/27/2022 8:45:43 PM PDT by Nifster (I see puppy dogs in the clouds )
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To: RandFan

Alex has a radio show. He doesn’t need Twitter


29 posted on 10/27/2022 8:46:41 PM PDT by Nifster (I see puppy dogs in the clouds )
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To: TigerClaws

It’s ok he’s still a Kardashian


30 posted on 10/27/2022 8:50:55 PM PDT by Nifster (I see puppy dogs in the clouds )
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To: nickcarraway

It’s a start. Until he gains operational control – particularly over the employees who could sabotage him, I think it’ll take time.


31 posted on 10/27/2022 8:51:30 PM PDT by aMorePerfectUnion (Fraud vitiates everything. )
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To: aMorePerfectUnion

There’s another story out that as of noon he locked out ALL the employees.

Not sure about that.

But Musk won’t do what Trump did. Trump left all the lower level people still there.

Trump needed to ax 70% of the D.C. power structure and Deep State pawns. CLEAN HOUSE.

That’s what Elon has to do as well.


32 posted on 10/27/2022 8:53:26 PM PDT by TigerClaws
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To: willk

LOL, because it is SPORT, of course!


33 posted on 10/27/2022 8:53:57 PM PDT by rlmorel (Nolnah's Razor: Never attribute to incompetence that which is adequately explained by malice.)
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To: NurdlyPeon

Dave’s not here, man.


34 posted on 10/27/2022 9:06:45 PM PDT by Roccus (First we beat the Nazis........then we defeated the Soviets....... Now, we are them.)
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To: Parley Baer
What a fun day Musk is having! - You're fired!


35 posted on 10/27/2022 9:10:27 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: aMorePerfectUnion; All

He is quick to work on operational control too...locked out the Twit(ter) software engineers and brought in Tesla software people:

https://twitter.com/ComfortablySmug/status/1585841563325833216


36 posted on 10/27/2022 9:11:28 PM PDT by Drago
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To: caww
You gotta go too!


37 posted on 10/27/2022 9:13:13 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: nickcarraway

Sheesh, he just closed on the deal.

Give him time.


38 posted on 10/27/2022 9:17:45 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: fella
Twitter news is good.....Looks like a clean sweep at the tippy top! - You're fired!


39 posted on 10/27/2022 9:18:23 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: rlmorel
Elon Musk strolled into Twitters headquarters Wednesday

carrying a porcelain sink and tweeting..... “Entering Twitter HQ - let that sink in!”


40 posted on 10/27/2022 9:23:30 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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