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The Week in Business: Twitter Enters a New Era

The world's richest man, Elon Musk, has completed his $44bn (aici se refera la faptul ca a
cumparat Twitter cu 44 de miliarde de dolari) takeover of Twitter, according to a filing
with the US government.
Mr Musk tweeted "the bird is freed" and later said "let the good times roll".
A number of top executives, including the boss, Parag Agrawal, have reportedly been fired.
Mr Agrawal and two other executives were escorted out of Twitter's San Francisco headquarters
on Thursday evening, said Reuters.
The completion of the deal brings to an end months of legal wrangling but it has prompted
questions over the platform's future direction.
A filing was made with the US Securities and Exchange Commission on Thursday, confirming
the takeover.
Chief financial officer Ned Segal, and the firm's top legal and policy executive, Vijaya Gadde,
are leaving alongside Mr Agrawal, according to US media reports.
Twitter co-founder Biz Stone appeared to confirm the executives' departure. In a tweet, he
thanked all three for their "collective contribution to Twitter", calling them "massive talents" and
"beautiful humans".
Earlier this week, Mr Musk said that he doesn't want the platform to become an echo chamber
for hate and division. "Twitter obviously cannot become a free-for-all hell-scape, where anything
can be said with no consequences!" he tweeted.
The takeover has prompted discussion among Twitter users over what the platform will look like
under Mr Musk's ownership.
Mr Musk as well as being the world's richest person with $250bn to his name, is a controversial
figure.
He made his fortune through the electric car company Tesla, and space exploration firm Space
X. But he has drawn additional attention by his outspoken intervention in unrelated matters,
often using Twitter as the platform, ranging from geopolitical issues such as the war in Ukraine
to the rescue of the schoolboys trapped in a Thai cave.

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