EINSTEIN112
JF-Expert Member
- Oct 26, 2018
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Tesla and SpaceX CEO Elon Musk finalized his $44 billion purchase of Twitter Thursday evening and quickly fired multiple executives, according to people familiar with the matter, The Washington Post reported.
Twitter CEO Parag Agrawal and chief financial officer Ned Segal were among those fired by Musk. He also reportedly fired Vijaya Gadde, head of legal policy, trust, and safety, and Sean Edgett, Twitter’s general counsel.
Hours before his official takeover of the social media giant, Musk tweeted a letter directed at “Twitter Advertisers” which states that he bought Twitter because he believes it’s “important to the future of civilization.”
“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” Musk wrote. “There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society.”
“In the relentless pursuit of clicks, much of traditional media has fueled and catered to those polarized extremes, as they believe that is what brings in the money, but, in doing so, the opportunity for dialogue is lost,” he continued.
“That is why I bought Twitter. I didn’t do it because it would be easy. I didn’t do it to make more money. I did it to try to help humanity, whom I love,” he added. “And I do so with humility, recognizing that failure in pursuing this goal, despite our best efforts, is a very real possibility.”
Earlier this week, Musk shared a video of himself carrying a sink into Twitter’s headquarters as a gimmick to draw attention to his takeover of the social media giant.
“Entering Twitter HQ – let that sink in!” Musk tweeted along with video of himself carrying a sink into Twitter.
Twitter CEO Parag Agrawal and chief financial officer Ned Segal were among those fired by Musk. He also reportedly fired Vijaya Gadde, head of legal policy, trust, and safety, and Sean Edgett, Twitter’s general counsel.
Hours before his official takeover of the social media giant, Musk tweeted a letter directed at “Twitter Advertisers” which states that he bought Twitter because he believes it’s “important to the future of civilization.”
“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” Musk wrote. “There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society.”
“In the relentless pursuit of clicks, much of traditional media has fueled and catered to those polarized extremes, as they believe that is what brings in the money, but, in doing so, the opportunity for dialogue is lost,” he continued.
“That is why I bought Twitter. I didn’t do it because it would be easy. I didn’t do it to make more money. I did it to try to help humanity, whom I love,” he added. “And I do so with humility, recognizing that failure in pursuing this goal, despite our best efforts, is a very real possibility.”
Earlier this week, Musk shared a video of himself carrying a sink into Twitter’s headquarters as a gimmick to draw attention to his takeover of the social media giant.
“Entering Twitter HQ – let that sink in!” Musk tweeted along with video of himself carrying a sink into Twitter.
