Tesla founder and CEO Musk completed the transaction to privatize Twitter for US$44 billion on the 27th, and fired several Twitter executives on the spot.
Musk said on Twitter that his interest in in this platform is not to make money. The reason he acquired Twitter was to help humans and hopes that (human) civilization has a common digital city square.
Sources said that executives fired by Musk include Twitter's CEO, chief financial officer, and heads of legal policy, trust and security. Musk said the executives misled him by lied about the number of spam accounts on Twitter. Another source revealed that Twitter's general counsel was also fired.
Previously, Musk publicly criticized Twitter's management in terms of product decisions and content review. In addition, the New York Stock Exchange website shows that it will suspend trading of Twitter stocks from before the trading session on the 28th to wait for the acquisition to be completed.
At present, Musk has not disclosed the detailed plan for subsequent operation of Twitter, but he said he hopes to cancel some content review measures. critics warned that this practice could lead to more hate speech and false information appearing on the platform.
Recently, a large number of reports have been reported that Musk has plans to lay off 75% of Twitter employees. However, Bloomberg reported that Musk denied the claim at a staff meeting.
Source: Phoenix TV, Global Times
Editor: Qiuguo
