{"id":259103,"date":"2022-10-28T06:22:01","date_gmt":"2022-10-28T06:22:01","guid":{"rendered":"https:\/\/hamslivenews.com\/?p=259103"},"modified":"2022-10-28T06:23:58","modified_gmt":"2022-10-28T06:23:58","slug":"elon-musk-completes-44-billion-deal-to-own-twitter-removes-parag","status":"publish","type":"post","link":"https:\/\/www.hamslive.com\/news\/2022\/10\/elon-musk-completes-44-billion-deal-to-own-twitter-removes-parag\/","title":{"rendered":"Elon Musk completes $44 billion deal to own Twitter, removes Parag"},"content":{"rendered":"<h2>Elon Musk completes $44 billion deal to own Twitter and has promised other sweeping changes at Twitter, including\u00a0new leadership, job cuts.<\/h2>\n<p>He did not waste time nor mince words and also began &#8220;cleaning the house&#8221;, by firing four top Twitter executives \u2014 including the CEO and chief financial officer on Thursday.\u00a0 The Twitter executives who were fired Thursday include Parag Agrawal, the CEO; Ned Segal, the chief financial officer; Vijaya Gadde, the top legal and policy executive; and Sean Edgett, the general counsel, said two people with knowledge of the matter. At least one of the executives who was fired was escorted out of Twitter\u2019s office, they said.<\/p>\n<p>Elon Musk also promised the pursuit of new ways to make money and all this happened after months of delay, lawsuits, verbal name-calling, and the close step away from a full-blown trial.\u00a0 Musk, who is one of Twitter\u2019s most active users and has more than 109 million followers, began accumulating shares in the company this year.<\/p>\n<p>In April, he struck the deal to buy the company for $44 billion and said he would lift Twitter\u2019s content moderation policies, eradicate spam, add new features and provide more transparency about the algorithms used to promote content.<\/p>\n<p>On Thursday night, Musk closed his $44 billion deal to buy the social media service, said three people with knowledge of the situation. He had arrived at Twitter\u2019s San Francisco headquarters Wednesday and met with engineers and ad executives.<\/p>\n<p>He shared a video &#8220;Entering Twitter HQ \u2013 let that sink in!&#8221;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Entering Twitter HQ \u2013 let that sink in! <a href=\"https:\/\/t.co\/D68z4K2wq7\">pic.twitter.com\/D68z4K2wq7<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1585341984679469056?ref_src=twsrc%5Etfw\">October 26, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>The closing of the deal, which followed months of drama and legal challenges as Musk switched his mind about buying the company, sets Twitter on an uncertain course. Musk, a self-described \u201cfree speech absolutist,\u201d has said that he wants to make the social media platform a more freewheeling place for all types of commentary and that he would \u201creverse the permanent ban\u201d of former President Donald Trump from the service.<\/p>\n<p>Musk\u2019s open approach to speech on Twitter could exacerbate long-simmering issues of toxic content and misinformation, affecting political debates around the world. Early tests will come within days when Brazil elects its president and American voters go to the polls Nov. 8 for the midterm elections. Twitter said it would prohibit misleading claims about voting and the outcome of elections, but that was before Musk owned it.<\/p>\n<p>\u201cThere could be real-world consequences to his leadership,\u201d David Kaye, a law professor at the University of California, Irvine, who worked with the United Nations on issues of free speech, said of Musk\u2019s ownership of Twitter. \u201cTo the extent that world leaders see they have this space and it\u2019s unmoderated, they could push to see how far they can go.\u201d<\/p>\n<p>The acquisition has been celebrated by some Republicans, who have argued that Twitter censored conservative viewpoints. Researchers have said Twitter\u2019s rules have been essential to countering online hate speech and disinformation. Some advertisers have worried about allowing their brands to appear alongside controversial tweets.<\/p>\n<p>Musk, 51, will be remaking Twitter without having to disclose how it is performing every few months. By taking the company private, he does not need to regularly answer to shareholders and can make changes to the service away from the public\u2019s prying eyes.<\/p>\n<p>Musk, who also runs electric carmaker Tesla and rocket company SpaceX, did not immediately respond to a request for comment.<\/p>\n<p>\u201cTwitter has tremendous potential \u2014 I look forward to working with the company and the community of users to unlock it,\u201d he said in a statement in April.<\/p>\n<p>He sent out a message to Twitter users some hours back.\u00a0 Elon Musk is very communicative and responsive to Twitter users and is looking for the big change on Twitter calling Twitter important for civilization as a common digital town square where a wide range of beliefs can be debated in a healthy manner without resorting to violence.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Dear Twitter Advertisers <a href=\"https:\/\/t.co\/GMwHmInPAS\">pic.twitter.com\/GMwHmInPAS<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1585619322239561728?ref_src=twsrc%5Etfw\">October 27, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.hamslive.com\/news\/2022\/10\/elon-musk-completes-44-billion-deal-to-own-twitter-removes-parag\/\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 100% !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Elon Musk completes $44 billion deal to own Twitter and has promised other sweeping changes at Twitter, including\u00a0new leadership, job cuts. He did not waste time nor mince words and also began &#8220;cleaning the house&#8221;, by firing four top Twitter executives \u2014 including the CEO and chief financial officer on Thursday.\u00a0 The Twitter executives who [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":259108,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[110,112,106,46,6,44],"tags":[4409,5625,2045],"class_list":{"0":"post-259103","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-europe","8":"category-north-america","9":"category-politics","10":"category-science-tech","11":"category-tech","12":"category-world","13":"tag-elon-musk","14":"tag-parag-agrawal","15":"tag-twitter"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Elon Musk completes $44 billion deal to own Twitter, removes Parag<\/title>\n<meta name=\"description\" content=\"Elon Musk completes $44 billion deal to own Twitter and has promised other sweeping changes at Twitter, including\u00a0new leadership, job cuts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hamslivenews.com\/2022\/10\/elon-musk-completes-44-billion-deal-to-own-twitter-removes-parag\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk completes $44 billion deal to own Twitter, removes Parag\" \/>\n<meta property=\"og:description\" content=\"Elon Musk completes $44 billion deal to own Twitter and has promised other sweeping changes at Twitter, including\u00a0new leadership, job cuts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hamslivenews.com\/2022\/10\/elon-musk-completes-44-billion-deal-to-own-twitter-removes-parag\/\" \/>\n<meta property=\"og:site_name\" content=\"Hams Live News English\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/hamslivenews\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-28T06:22:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-28T06:23:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hamslivenews.com\/wp-content\/uploads\/2022\/10\/Musk.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"534\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rita F. 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