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Elon Musk bought Twitter. The four top managers of the social network have been fired

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Elon Musk has officially bought Twitter . “The bird is now free,” tweeted the billionaire, alluding to the social network’s mascot. After months of hesitation and sensational reversals, Elon Musk is the new owner of Twitter.

As a first move, Musk fired the company’s four top executives, including former CEO Parag Agrawal – who ended his term less than a year after taking office.

Overall, the acquisition will cost $ 44 billion, partly financed by some co-investors (including Binance and Squoia Capital ). Elon Musk has already changed his profile bio to “Chief Twit”, while a couple of days ago he showed up at Twitter headquarters brandishing a sink.

The purge of the old guard: as a first move, Elon Musk torpedoed the four top managers of the social network. In addition to Parag Agrawal, Ned Segal, Vijaya Gadde and Sean Edgett, respectively former CFO, former # 1 in the legal division and former Twitter general counsel, were also fired.

Who will replace Agrawal? The question is still unanswered, but it is likely that at least initially Elon Musk will fill the role of interim CEO of Twitter .

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Elon Musk then turned to Twitter advertisers , that is the companies that by buying advertising space on the social network in fact allow their survival. “Twitter will not become a place where total anarchy will reign,” he said, adding however that he bought the social network not because he is interested in an economic return, but because he intends to guarantee its role as a free virtual square, without censorship.

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