What next for Twitter CEO Parag Agrawal with Elon Musk as boss
Tech mogul Elon Musk has finally reached an agreement to buy Twitter
Tech mogul Elon Musk has finally reached an agreement to buy Twitter.
He will acquire the microblogging platform for USD 44 billion.Reacting to the development, Twitter CEO Parag Agrawal said that the platform has a purpose and relevance that impacts the entire world.
According to sources, Agrawal while addressing Twitter employees in a town hall on what this takeover means to them and allay their fear.
The Twitter buyout casts doubts on the future of Agrawal and it is still unclear whether he would like to remain at the helm, with Musk now being at the very top of the platform.
Musk has already said he doesn't have faith in the management of Twitter.
The decision to sell the platform to the Tesla CEO also signals that the board is somehow not reportedly convinced in Agrawal's capabilities, who took over from Jack Dorsey in November 2021, as the company is not making enough profits.
Musk has reiterated that the micro-blogging platform needs to be made private to grow and promote "free speech".