Image Credit source: File Photo
Just last week, Elon Musk reported that his proposed plan to buy microblogging platform Twitter for $44 billion is being “temporarily postponed” until details about spam and fake accounts come out.
Twitter CEO Parag Agarwal and CEO Musk ,Elon MuskThe effect of the ongoing tussle between them has started showing on the employees working in the company. Twitter to distance itself from the controversy (Twitter) several senior executives are leaving the company. According to a recent report, 3 senior executives of the company have left the company. According to a report in TechCrunch, Ilaia Brown, VP of Product Management for Health and Growth, Katrina Lane, VP of Twitter Services, and Max Schmeizer, Head of Data Science, have resigned from the company. The report clearly states that all three have decided to leave the company in view of the ongoing dispute. Earlier CEO Parag Agarwal (Twitter CEO Parag Agrawal) had shown the way out of the company to two senior officers. For the time being, Musk has put Twitter’s deal on hold for some time.
Aggarwal and Musk clash over Spam issue
Recently, Parag Aggarwal and Musk came face to face through Twitter on a fake account. In fact, after Musk’s decision to hold the deal on the issue of spam, CEO Parag Agarwal tried to prove by putting forth complete research that he had control over spam and fake accounts. However, Musk did not seem to agree with this. Earlier, Musk had talked about continuous improvements in the company and also said that he wants to change the direction in which the company is going at the moment, after which the possibilities of this thing have started forming. That Musk can throw Parag Agarwal out of the company after taking over Twitter. At present, this deal is on hold, although Musk has expressed his intention to complete this deal only in the year 2022.
$44 billion deal on hold
Just last week, Elon Musk informed that his proposed plan to buy microblogging platform Twitter for $44 billion is being “temporarily postponed” until details about spam and fake accounts come out. Musk had informed about the temporary halt of the deal in a message released from the platform of Twitter itself. Musk, a strong advocate of transparency in Twitter, has been talking about ridding the social media platform of fake accounts since its inception. Musk’s move is believed to suggest that Musk is not relying on the claims of Twitter management about spam and fake accounts. Tesla chief Musk attached a May 2 report to Reuters in a tweet. In this, quoting a quarterly report from Twitter, it was estimated that spam and fake accounts account for less than five percent of total daily active users of Twitter. The Twitter deal is temporarily pending, Musk said, until it can be calculated whether spam or fake accounts actually account for less than five percent of total users, Musk said, raising doubts that the number of fake accounts is so small.