Elon Musk is the new owner of Twitter; Many officials, including Indian Prag Agarwal, were dismissed


Elon Musk is the new owner of Twitter; Many officials, including Indian Prag Agarwal, were dismissed

New York, October 29 (SO News) Elon Musk, the founder of the auto company Tesla and the American space craft company SpaceX, has become the new owner of the micro-blogging site Twitter. According to the news agency Reuters, Elon Musk finalized the deal of 44 billion dollars to buy Twitter on Thursday and he also explained the reasons for buying Twitter through a post on social media.

Musk said in a tweet that the goal of acquiring Twitter is to create a digital platform where people with widely differing opinions can openly debate in a positive way without violence.

According to Elon Musk, I did not buy Twitter to make more money, but it is an attempt to help humanity. He said that Twitter cannot become a platform for everyone where anyone can say anything for no reason. The platform should be warm and welcoming for everyone, where anyone can choose according to their preferences, he told advertisers that he wants Twitter to be the most trusted advertising platform in the world. Elon Musk has fired Twitter chief executive Prag Agarwal, Chat financial officer Ned Segal and Chat legal and policy advisor Vijay Gude from their positions. Musk had accused them of misleading him and Twitter investors due to the number of fake accounts on the platform. However, Twitter, Elon Musk and executives have not officially commented on the matter. .

It should be remembered that Elon Musk offered to buy Twitter for 44 billion dollars in April this year, but in July he expressed his intention to terminate the agreement with Twitter. Twitter later sued Musk to finalize the purchase agreement. After which Musk expressed his desire to buy the company once again at the beginning of this month. Musk had alleged that the Twitter company was misrepresenting the number of bots on its service. He and his lawyers had claimed that SocialMed or the company was misleading investors by providing false numbers in corporate filings with the Securities and Exchange Commission. However, Twitter maintained that Musk’s claims about fraud in bots and fake accounts on its platform were based on misunderstanding.

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