Elon Musk buys a big chunk of Twitter
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wrote on 31 Oct 2022, 00:12 last edited by
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wrote on 31 Oct 2022, 13:30 last edited by
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wrote on 31 Oct 2022, 13:48 last edited by
Mr. Musk also appears unlikely to pay the golden parachutes that the fired top executives of Twitter were set to receive. Under the merger agreement, those executives — including Parag Agrawal, the chief executive — had been set to receive compensation of $20 million to $60 million if they were fired. But Mr. Musk terminated the executives “for cause,” meaning he did it because he alleged he had justification, which may void that agreement, two people with knowledge of the matter said.
Those executives, who also include the former chief financial officer Ned Segal, the former general counsel Sean Edgett, and the former top policy and legal executive Vijaya Gadde, are deliberating their next steps, one person said.
Mr. Musk may also be testing Twitter’s engineers. He and his team have assigned some of them projects to complete, three people with knowledge of the matter said. One project involved changes to Twitter’s login screen, they said. Some engineers worked late into the night on Friday to complete the assignments, they said. -
wrote on 31 Oct 2022, 13:53 last edited by
If Musk is right, the "for cause" argument holds up.
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wrote on 31 Oct 2022, 13:57 last edited by
@Jolly said in Elon Musk buys a big chunk of Twitter:
If Musk is right, the "for cause" argument holds up.
Yup. When you deceive the courts or FEC ahead of sale of the company, yeah, that's cause.
Meanwhile...
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wrote on 31 Oct 2022, 15:53 last edited by
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wrote on 31 Oct 2022, 23:54 last edited by
Musk dissolves Twitter Board.
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wrote on 2 Nov 2022, 12:52 last edited by
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wrote on 2 Nov 2022, 13:45 last edited by
He's having fun, isn't he?
Let's hope he makes a little money while he's at it...
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wrote on 2 Nov 2022, 13:49 last edited by
@Jolly remember all the "It's a private platform, they can do what they want" comments? Remember "If you don't like it, build your own platform."
Well, rather than going through all that BS, he just bought it. He dismissed the board and he wholly owns it with no accountability.
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wrote on 2 Nov 2022, 15:07 last edited by
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wrote on 2 Nov 2022, 18:44 last edited by
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wrote on 2 Nov 2022, 22:44 last edited by
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wrote on 2 Nov 2022, 23:11 last edited by
8 bucks a month for Twitter?
Fuck that for a game of soldiers.
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8 bucks a month for Twitter?
Fuck that for a game of soldiers.
wrote on 2 Nov 2022, 23:13 last edited by George K 11 Feb 2022, 23:14@Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:
8 bucks a month for Twitter?
Fuck that for a game of soldiers.
No. Twitter remains "free." If you want to be "verified," it'll cost you some cash, as opposed to having a bunch of bureaucrats decide if you're real.
ETA: The $8 also allows you to post longer videos, see fewer ads and things I don't recall.
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wrote on 2 Nov 2022, 23:17 last edited by
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wrote on 2 Nov 2022, 23:19 last edited by
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wrote on 2 Nov 2022, 23:36 last edited by
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wrote on 2 Nov 2022, 23:54 last edited by
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wrote on 3 Nov 2022, 00:13 last edited by
Twitter the most interesting place on the internet?
Fucking hell