nordvpn
10.2 C
London
Friday, March 31, 2023
nord vpn

Elon Musk’s Twitter Deal Expected to Close: Parag Agrawal

Twitter CEO Parag Agrawal stated on Saturday that the deal with Elon Musk is expected to be completed, but that this should not be used as an excuse to avoid making important decisions for the company’s health, adding that Twitter must be prepared for all scenarios and always do what is right for it.

This is a significant update, as Elon Musk previously stated that the microblogging site’s $44 billion takeover bid is on hold.

Some have questioned why a “lame-duck” CEO would make these changes if Twitter is being acquired anyway, according to Agrawal. In response to these remarks, the CEO stated that, while he expects the deal to close, Twitter must be prepared for any scenario and always do what is best for the company.

“Yesterday, we announced changes to our leadership team and operations. Changes that affect people are always difficult,” the CEO tweeted, adding, “I will not use the deal as an excuse to avoid making important decisions for the company’s health, nor will any leader at Twitter.”

He stated that he is responsible for the direction and operation of Twitter. The CEO also stated that it is their responsibility to make Twitter stronger every day. Agrawal went on to say that regardless of who owns the company in the future, Twitter will improve as a product and business for customers, partners, shareholders, and all users.

“Nobody at Twitter works solely to keep the lights on. We are proud of our work “In a tweet, the CEO stated. He stated that he is still focused on doing his job, which includes making difficult decisions when necessary.

“I will continue to embrace the intricacies of our service and business. And more positive change is on the way “The CEO continued.

“I will also make an effort to increase the transparency of our work. You won’t see me tweet about the ‘topic of the day’ or the loudest sound bite, but rather about the ongoing, continuous, and difficult work our teams are doing to improve the public conversation on Twitter “He went on.

He also expressed his appreciation to the entire Twitter team. “They have remained focused and strong, as well as sharp and agile. They’ve been doing the work as they’ve always done “He wrote this while praising the Twitter team.

Twitter recently agreed to a $44 billion acquisition by Tesla CEO Elon Musk, though shareholder approval is still required. Elon Musk, on the other hand, declared that the microblogging site’s $44 billion takeover bid is on hold.

Twitter shares fell around 20% in pre-market trading on Friday following Musk’s announcement about the hold on the Twitter deal. Musk stated earlier this week that Twitter’s decision to ban former US President Donald Trump was a mistake and that if his acquisition of the social media company is successful, he will reverse it.

Apart from this. if you are interested, you can also read EntertainmentNumerologyTech, and Health-related articles here: Alexa.com AlternativesThe Resident Season 6Kraven The HunterOne Punch Man season 3The Resident Season 5Yellowstone season 5Ozark season 4 part 2PUBG Redeem CodeIs Windows 11 FreeKProxyHow to play Xbox Games on PCOzark Season 5How to cancel YouTube TVChurchill Car insuranceThe Rookie Season 5DownloadhubSsr Movies7starhdMovieswoodHow to Remove Bookmarks on MacOuter Banks Season 4How to block a website on ChromeHow to watch NFL games for freeDesireMovies, How to watch NFL games without cableHow to unlock iPhoneHow to cancel ESPN+How to turn on Bluetooth on Windows 10Outer Banks Season 3

6streams4AnimeMoviesflix123MKVMasterAnimeBuffstreamsGoMoviesVIPLeagueHow to Play Music in DiscordVampires Diaries Season 9Homeland Season 9Brent Rivera Net WorthPDFDriveSmallPDFSquid Game Season 2Knightfall Season 3CrackstreamKung Fu Panda 41616 Angel Number333 Angel Number666 Angel Number777 Angel Number444 angel numberBruno Mars net worthKissAnimeJim Carrey net worthBollyshareAfdahPrabhas Wife NameProject Free TVKissasianMangagoKickassanimeMoviezwapJio RockersDramacoolM4uHDHip DipsM4ufreeFiverr English Test AnswersNBAstreamsXYZHighest Paid CEOThe 100 season 8, and F95Zone

Thanks for your time. Keep reading!

Subscribe to Our Latest Newsletter

To Read Our Exclusive Content, Sign up Now.
$5/Monthly, $50/Yearly

NordPass
u7buyut

RECENT POSTS

Top 15 Free YouTube to MP3 and MP4 Converters of 2023

When we watch YouTube videos, we know that an...

Italy Temporarily Bans OpenAI’s ChatGPT Over Privacy Concerns

The popularity of ChatGPT by OpenAI has shocked the...

Wedding Loans for Different Budgets: Finding the Right Fit for Your Financial Situation

Marriage is one of the most joyful and auspicious...

Google Announces New Features to Verify Information in Search Results

Google is the go-to tool for the majority of...

146 Best Imgbb Alternatives for Free Image Hosting in 2023

Imgbb is a free image hosting service that will...

LIFESTYLE

BUSINESS

TECHNOLOGY

HEALTH

FEATURED STORIES