Elon Musk Named Sole Director of Twitter Board After Firing 9 Members: Netizens Dub Him “Brilliant”
- Elon Musk has fired Twitter’s board of directors, making him the sole director of the social media company
- The merger agreement stated that directors who were on the board prior to the takeover must be removed
- Musk will likely hire a new board in the coming weeks; however, he has not disclosed plans to do so as yet
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NEW YORK - South African-born billionaire, Elon Musk’s Twitter takeover rages on, making him the sole director of the social media company’s board. He fired nine board members.
As part of the takeover plans, Musk said that he needed to make the company private to make his desired changes.
On Monday, 31 October, the company said Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban and Fei-Fei Li and Mimi Alemayehou had been removed.
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According to Business Insider, the merger agreement stated that directors who were on the board before the takeover must be removed.
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Although Musk has yet to state plans to appoint a new board of the social media company, he will likely do so in the coming weeks.
The Tesla creator, who initially changed his Twitter bio to “Chief Twit” following the takeover, has now changed it to “Twitter Complaint Hotline Operator”, the BBC reported.
Netizens react to the takeover:
@jackie2face said:
“If you can’t trust them, be your own boss.”
@The__File commented:
“You got to love Elon.”
@MuvariTintswalo added:
“He’s so brilliant, man.”
Elon Musk’s Way: Twitter Users With Verification Badge to Pay Monthly Subscription Fees of Over R300
In a related matter, Briefly News also reported Elon Musk’s effect on the giant social media platform Twitter is already on course, barely a week after taking full control. Musk announced changes to Twitter terms and policies to see verified users pay for the blue check mark.
Elon Musk officially becomes owner of Twitter and fires execs, Mzansi peeps happy: "Freedom of speech is back"
Twitter users will pay $20 (R395) per month to keep the blue mark verification, the Verge reported.
Once implemented, the company will give verified users 90 days to subscribe to the new plan. Musk gave his employees an ultimatum to work on the paid verification plan by November 7 or risk losing their jobs.
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Source: Briefly News