Twitter is now run by American businessman Elon Musk. The previous management left the company’s headquarters in San Francisco, United States.
This is what CNBC reported, referring to its sources.
“Twitter CEO Parag Agrawal and CFO Ned Segal have left the company’s San Francisco headquarters and won’t be back‘, the message says.
Musk had until October 28 to complete the $44 billion acquisition of Twitter, or else the court would have appealed the case for disputes with the company. Therefore, earlier the court decided to stop the lawsuit and gave the businessman time to terminate the agreement on the purchase of the social network.
At the end of April, Elon Musk concluded an agreement to buy the social network Twitter: for approximately $ 44 billion, the entrepreneur was to become the owner of Twitter, and the company would become private.
However, in July, Musk announced the termination of the contract, accusing Twitter of violating several contractual obligations. According to his lawyer, the company did not provide the businessman with the relevant business information that he requested.
Elon Musk has made it clear that he is delaying the Twitter purchase until the company proves that spambots make up no more than 5% of the social network’s 200 million users.
At the time, Twitter sued Musk, saying his exit strategy was an “example of hypocrisy.” Twitter seeks to force the businessman to fulfill his obligations under their agreement through the courts. But Elon Musk has filed a counterclaim, accusing Twitter of data fraud, which the businessman’s lawsuit says should allow him to back out of the signed deal.
In an effort to back out of the deal, Musk invited the Twitter CEO for a “public discussion” about bots on the social network.
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