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The brand new period at Twitter (NYSE:TWTR) will imply new management, as CNBC’s David Faber mentioned Thursday night time that Twitter CEO Parag Agrawal and Chief Monetary Officer Ned Segal have left firm headquarters and will not be returning.
That means setting new management will rise to the highest priorities for billionaire Elon Musk as he embarks on proudly owning the corporate. “Elon Musk is now in cost at Twitter,” Faber says.
In the meantime, Twitter’s high authorized and coverage govt, Vijaya Gadde, and Common Counsel Sean Edgett have additionally been fired, The New York Occasions experiences – including not less than one of many fired execs was escorted from the workplace.
The deal is inching nearer to a detailed earlier than a legally mandated Friday deadline to finish the transaction.
Musk introduced in Tesla (TSLA) engineers to satisfy with product leaders at Twitter headquarters Thursday, Bloomberg experiences, to dig into Twitter programming and assist Musk perceive it.
That code is beneath a brand new freeze till Tuesday, and will not change for now with the closing of the change of management pending.
Earlier, amid experiences that advertisers have been elevating issues a couple of Musk-led Twitter (over moderation and conflict-of-interest points), Musk penned an open letter to the group to make clear his motivation.
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