Elon Musk’s reign has begun. The billionaire, who has just bought Twitter, started by dismissing the CEO and the financial director of the social network. And the giant Binance now supports it. Focus on this new era that is coming.
Elon Musk fires Twitter CEO and CFO
The epic takeover of Twitter had lasted several months, with many twists and turns. And it seems that a new chapter has opened, which promises to be just as hectic. We learned indeed last night that Elon Musk had chosen to dismiss several senior executives of the company.
According to unnamed sources, who confided in the Washington Post, CEO Parag Agrawal, as well as CFO Ned Segal, both quit working for Twitter. The two executives would have been escorted out of the premises of the company, again according to these sources.
Elon Musk was particularly critical of the direction of Twitter, blaming the social network to limit the freedom of expression of its users. The billionaire, who recently claimed to be a Republican, wants to restore former President Donald Trump’s Twitter account.
Never short of provocation, Elon Musk tweeted a few hours ago that “the bird was released» :
the bird is freed
— Elon Musk (@elonmusk) October 28, 2022
It’s a particularly clear act of communication from Elon Musk, who presumably wants to usher in a new era at Twitter. According to Bloomberg, the billionaire wants to become CEO of the social network.
👉 Related – Will Twitter users soon have to buy DOGE to tweet?
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Binance Joins Elon Musk in Twitter Takeover
And he will have as an ally Changpeng Zhao, the CEO of the Binance exchange platform. This last confirmed his company’s investment in connection with the takeover of Twitter:
“We are thrilled to be able to help Elon realize his new vision for Twitter. We want to play a role in bringing social media and Web3 together to drive the use and adoption of cryptocurrencies and blockchain technology.»
Elon Musk will have ended up paying 44 billion dollars to seize the social network – a sum disputed for many weeks. What will Twitter look like in the coming months? What is certain is that the social network should indeed open up to Web3, with Elon Musk at its helm. He would thus already be developing his cryptocurrency portfolio.
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Source: The Washington Post – Image: NVIDIA Corporation via Flickr (CC BY-NC-ND 2.0)
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Journalist at Cryptoast, I fell into the pot of cryptocurrencies a few years ago. I am passionate about the innovative technologies that stem from the blockchain and I like to find the most crispy information to share with you.
Marine Debelloir
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