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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: caww
Soooo funny!


41 posted on 10/27/2022 9:25:06 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: NurdlyPeon

I hope musk hires based on merit only regardless of national origin.


42 posted on 10/27/2022 9:31:11 PM PDT by entropy12
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To: metmom

Hours before completing the acquisition, Musk posted a message to advertisers assuring them that Twitter will not “become a free-for-all hellscape.” as some were trying to say it would be.


43 posted on 10/27/2022 9:35:33 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: entropy12
I hope he hires and does whatever he wants to! Let freedom reign!
44 posted on 10/27/2022 9:36:46 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: Drago

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

Pretty cool when you have the $$$$$ AND people to truly change something.


45 posted on 10/27/2022 9:37:08 PM PDT by nomorelurker
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To: nickcarraway

Actions like that take some time to make happen. One thing that indicates that he’s moving quickly is that he already has some of his trusted Tesla software engineers sent in to meet with Twitter project leaders to start poring over the software code and getting a good handle on all their technical operations and databases/backups. That’s a much higher priority to rush on getting done before anyone can try to sabotage the data, code, and operations. I can’t imagine that any of those folks who have been banned for 21 months will be bothered by needing to wait an extra month because Musk is securing the integrity of the data history, technical operations, and software code at Twitter.

What should be scaring the bad actors is the data at Twitter as I’m confident it’s full of all sorts of terribly incriminating information of bad actions by the former Twitter leadership & their underlings.

What was their process for censorship, banning, manipulations, and other bias-oriented actions?

What lies did they tell in their SEC filings? Prison time could be on the way for some, depending on what the data shows.

So, yeah there are some who may think that Priority #1 on Day #1 was to reverse the bans on Twitter. But, I personally believe Musk should have some higher immediate priorities. For starts, he ought to make sure the folks who were most responsible for the leading the bad actions at Twitter are out of the way as he takes over. Hmmmmmm, coincidentally, he immediately fired the CEO, CFO, chief censor, chief counsel, and possibly some others.

And besides if he went to the desk of some operators who have the power to reverse the bans to get the bans reversed then they could always have some supervisor come in after Musk leaves the cubicle to reverse the reverse. So, this idea that he should start immediately on reversing the bans would likely accomplish nothing. He needs to first make sure that some rogue censorship-happy supervisor wouldn’t dare be able to get away with doing such a thing.


46 posted on 10/27/2022 9:37:22 PM PDT by Degaston (odds)
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To: nickcarraway

Hey, it’s day one... relax.


47 posted on 10/27/2022 9:38:01 PM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: nickcarraway
He didn't reverse anyone's ban from Twitter.

I wonder if that’s coming…

48 posted on 10/27/2022 9:39:31 PM PDT by Allegra
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To: caww
Elon At Twitter headquarters’ coffee bar...


49 posted on 10/27/2022 9:42:08 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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Comment #50 Removed by Moderator

To: Degaston
Elon wrote to Advertisers....

Dear Twitter Advertisers


51 posted on 10/27/2022 9:46:56 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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Comment #52 Removed by Moderator

To: Ex gun maker.

Wouldn’t it be fun to be Elon? I can think of a thousand things to do over there to bring Twitter up to snuff.

My cat has an account @catsoftwitter, and she carefully avoids politics there.
Very soon she’s going to become “Politicat.”


53 posted on 10/27/2022 9:51:43 PM PDT by Veto! (FJB sucks rocks)
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To: nickcarraway

Yes, Virginia, Vajaja really does work at Twitter. Or did. LOL


54 posted on 10/27/2022 9:58:23 PM PDT by healy61
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To: willk

ESPN is big into censorship and fake news, being woke, etc... Disney owned company....


55 posted on 10/27/2022 10:03:02 PM PDT by gswilder
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To: nickcarraway

Sounds like a lot of curry was spilled.


56 posted on 10/27/2022 10:03:18 PM PDT by Polynikes (Nicht geimpft Mensch 2nd Klasse)
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To: nickcarraway

Oh happy day
Oh happy day.ya
When Elon tossed
Oh, when he tossed
When Elon tossed

All the twits away

Oh happy day

All the twits away


57 posted on 10/27/2022 10:11:50 PM PDT by Ronaldus Magnus III (Do, or do not, there is no try. )
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To: nickcarraway

Start with that civil rights VIOLATING lawyer.


58 posted on 10/27/2022 10:12:38 PM PDT by KC_Conspirator
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To: nickcarraway

Good start.


59 posted on 10/27/2022 10:12:49 PM PDT by Reno89519 (FJB. Respect America, Embrace America, Buy American, Hire American.)
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To: RandFan

Alex Jones should be persona non grata everywhere. It’s embarrassing to see people on FR still schill for him.


60 posted on 10/27/2022 10:13:48 PM PDT by Reno89519 (FJB. Respect America, Embrace America, Buy American, Hire American.)
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