Musk takes over Twitter as CEO and CFO step down

Elon Musk Takes Over Twitter, Purchase Deal Closed Twitter CEO Parag Agrawal and CFO Ned Segal have stepped down from the company's leadership, according to The Washington Post.

“The bird is free,” Musk wrote.

Vijaya Gadde, head of legal policy, trust and security, was also fired.

Bloomberg writes that Musk is going to first of all remove the option of "lifetime" blocking of accounts. Users who have already been banned will most likely be able to recover their accounts.

The day before, Musk said that he made the decision to buy Twitter not for profit, but to maintain a safe platform for communication on the Internet and to avoid a split in social networks and media.

“Dear Twitter advertisers, I wanted to personally speak to you about my motivation for acquiring Twitter. There has been a lot of speculation about why I bought Twitter and what I think about advertising. Most of them are wrong,” Musk writes. “I acquired Twitter because it is very important for the future of civilization to have a common digital city square where a wide range of beliefs can be discussed in a healthy manner without resorting to violence.”

According to Musk, there is a big risk that social networks will operate as "far right and far left echo rooms", generating hatred that divides society.

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