Musk-Parag

Elon Musk terminates CEO Parag Agarwal after buying Twitter

International

The world’s richest man and Tesla company owner Elon Musk bought Twitter on Thursday. A few hours later, CEO Parag Agarwal was fired. Along with him, two more officers – Chief Financial Officer (CFO) Ned Sehgal and Legal Affairs and Policy Chief Vijaya Gadde were also sacked.

Musk indicated that Twitter’s ad policy would also be changed in the future. “I want Twitter to be the best advertising platform where users of all ages can watch movies or play video games,” Musk said.

Musk says that he has dealt with Twitter not to earn more money, but to help humanity. The court had asked Musk to finalize the Twitter deal on the existing terms by October 28.

Musk has accused Parag and two officials of misleading him and Twitter investors about the number of fake accounts on the social media platform. According to media reports, Parag Agarwal and Ned Sehgal have left the company’s San Francisco headquarters.

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