Tesla CEO Elon Musk has finally taken over as Twitter boss and his first job was to reportedly fire Indian-origin CEO Parag Agrawal, Chief Financial Officer Ned Segal, the company's policy chief Vijaya Gadde and others. According to a CNBC report citing sources on Friday, Agrawal and Segal have left the company's San Francisco headquarters and will not be returning.
On the microblogging site Twitter, Musk wrote, "Starlink is now active on all continents, including Antarctica". He also said "another batch with lasers reaches orbit" after the deployment of 54 Starlink satellites was confirmed by the company.
Edit Tweet is currently being tested by Twiiter team internally, amid the ongoing legal battle with Tesla CEO Elon Musk over the cancellation of the $44 billion takeover deal. Edit Tweet lets people make changes to their Tweet after it's been published.
The Vancouver-based social media business did not say what triggered the job cuts, but tech companies as large as Shopify, Netflix and Clearco have conducted similar layoffs in recent weeks as investor interest in tech stocks has faded.
A protracted legal battle could also potentially drag down the company's stock, giving Musk more leverage to renegotiate Twitter's sale price. The news comes less than a week after the microblogging site sued Tesla CEO in Delaware, accusing the mogul of agreeing to buy the site then attempting to "trash the company, disrupt its operations, destroy stockholder value, and walk away".
On Thursday, Twitter told the press that it was blocking over a million spam accounts per day, and in May, its CEO wrote a long thread about how it determines how many of its users are bots.
