Elon Musk buys a big chunk of Twitter
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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. -
If Musk is right, the "for cause" argument holds up.
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Musk dissolves Twitter Board.
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He's having fun, isn't he?
Let's hope he makes a little money while he's at it...
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@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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8 bucks a month for Twitter?
Fuck that for a game of soldiers.
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@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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Twitter the most interesting place on the internet?
Fucking hell
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@Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:
Twitter the most interesting place on the internet?
Fucking hell
Elon's having so much fun.
Of course, he hasn't (afaik) visited TNCR, so he might not be completely informed, yet.