Elon Musk has reportedly fired several top Twitter leaders after officially taking over ownership of the company on Thursday.
The breaking news was reported by Fox Business and other outlets as the events unfolded.
BREAKING: Elon Musk fires Twitter’s top brass after closing $44 billion deal: reportshttps://t.co/bsEpBtbZVI
— Fox News (@FoxNews) October 28, 2022
Out with the old
“A source with knowledge of the matter told FOX Business that Twitter CEO Parag Agrawal, CFO Ned Segal, and Vijaya Gadde, head of legal policy, trust, and safety were fired,” Fox Business reported.
“Musk had accused the three of misleading him and investors over the number of fake accounts on the platform,” it added.
BREAKING: Elon Musk FIRES ALL top Twitter execs as he takes charge https://t.co/mVlS7sXUb0
— Jack Posobiec 🍊 (@JackPosobiec) October 28, 2022
Musk wrote a letter to advertisers on Thursday, saying, “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.”
“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,” Musk said. “Twitter obviously cannot become a free-for-all hellscape, where anything can be said with no consequences.”
.@JackPosobiec and @timcast react to the breaking news that Elon Musk has closed the Twitter deal and fired the CEO pic.twitter.com/N5D4CS9ap5
— The Post Millennial (@TPostMillennial) October 28, 2022
Conservatives and free speech advocates are hopeful that Musk’s changes could lead to Twitter returning to its citizen journalism roots.
The left is concerned about losing influence and has already made claims about problems with the spread of misinformation.
The future is uncertain, but the deal to put Musk in charge of Twitter is now official, opening a new chapter to the company that could have global impact.