After Elon Musk fired Twitter’s top three executives immediately after his takeover, they were granted multimillion-dollar payouts on their way out. The former executives are set to collect more than $100 million in severance and payouts of previously granted equity awards. CEO Parag Agrawal, CFO Ned Segal, and Vijaya Gadde, Twitter’s top legal and policy executive,…
Twitter’s Top Executives Are Set to Exit With $100 Million Payout as Musk Takes Over
Musk Challenges Twitter CEO to Public Debate on Bots
Elon Musk on Saturday challenged Twitter Inc. Chief Executive Officer Parag Agrawal to a public debate about the percentage of bots on the social media platform. “Let him prove to the public that Twitter has <5% fake or spam daily users!,” Musk said in a tweet. He also started a poll asking users whether less…
Twitter Wants to Close Deal ‘Promptly’ and on ‘Agreed Price,’ While Musk Calls on SEC to Confirm Bot Numbers
Twitter announced Tuesday that it was filing a preliminary proxy statement with the U.S. Securities and Exchange Commission (SEC) in order to complete the Elon Musk buyout “on the agreed price,” and as “promptly as practicable.” Twitter wants the $54.20 per share in cash deal with Musk to go through, while the billionaire is hesitant…
Twitter CEO Gives Update on Musk M&A, Company’s Future
Following the news of Tesla CEO Elon Musk putting his acquisition of Twitter on hold, current Twitter boss Parag Agrawal had something to say. Here’s Some Background Musk wrote on Twitter early Friday morning that the “Twitter deal [is] temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5 percent…
Twitter CEO Set to Receive $42 Million If Terminated After Musk Deal
Twitter Inc. CEO Parag Agrawal would get an estimated $42 million if he were terminated within 12 months of a change in control at the social media company, according to research firm Equilar. On Monday billionaire Elon Musk struck a deal to buy Twitter for $44 billion, ending its run as a public company since…
Twitter Suspends Main Account, Multiple Staff Accounts for Education Website That Highlights Dangers of CRT
Twitter has suspended four accounts associated with “The Chalkboard Review,” a website that includes a detailed guide to critical race theory (CRT) along with other resources and commentary on education. The social media company, which named Parag Agrawal as CEO after founder Jack Dorsey stepped down from the role in November, suspended the publication’s main…
Twitter Suspends Main Account, Multiple Staff Accounts for Education Website That Highlights CRT
Twitter has suspended four accounts associated with “The Chalkboard Review,” a website that includes a detailed guide to critical race theory (CRT) along with other resources and commentary on education. The social media company, which named Parag Agrawal as CEO after founder Jack Dorsey stepped down from the role in November, suspended the publication’s main…
Who Is Parag Agrawal, Twitter’s New Under-The-Radar CEO
With Jack Dorsey exiting the chief executive’s role at Twitter, the company’s board of directors unanimously voted to name Parag Agrawal as CEO and a member of the board, effective immediately. But for many people who are not actively following the company, the response to the news might have been “Parag Who?” Major Promotion The…
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