Elon Musk is lastly answerable for Twitter, studies counsel tonight. And he’s already fired a number of high executives.

The controversial $44 billion deal, which in latest months appeared as if it may fall by means of, closed on Thursday night time simply forward of a court-imposed deadline, CNBC’s David Faber stated in a tweet.

“Elon Musk is now in charge at Twitter,” Faber wrote, including that Twitter CEO Parag Agrawal and chief monetary officer Ned Segal had “left the company’s HQ” in San Francisco and “will not be returning.”

Elon Musk is now in cost at Twitter. I'm advised former CEO @paraga and CFO @nedsegal have left the corporate's HQ and won’t be returning because the Musk period begins.

— David Faber (@davidfaber) October 28, 2022

Hours after Musk confirmed up at Twitter’s headquarters carrying a sink in a weird stunt that he tweeted with the quip, “Entering Twitter HQ — let that sink in,” the billionaire entrepreneur posted a message to advertisers explaining why he wished to purchase the corporate.

“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” he stated. “There is at the moment nice hazard that social media will splinter into far right-wing and much left-wing echo chambers that generate extra hate and divide our society.

“In the relentless pursuit of clicks, much of traditional media has fueled and catered to those polarized extremes, as they believe that is what brings in the money, but, in doing so, the opportunity for dialogue is lost.”

He continued: “That is why I bought Twitter. I didn’t do it because it would be easy. I didn’t do it to make more money. I did it to try to help humanity, whom I love. And I do so with humility, recognizing that failure in pursuing this goal, despite our best efforts, is a very real possibility.”

Friday’s growth brings to a detailed a six-month squabble between Musk and the social media firm.

Twitter accepted Musk’s provide to amass the corporate in April, however a short time later, Musk appeared to get chilly toes, claiming Twitter had did not precisely reveal the variety of pretend, bot, and spam accounts on the platform.

Musk tried to drag out of the deal, prompting Twitter to take authorized motion in a bid to pressure it by means of.

Now, workers at Twitter will likely be ready to find out about any doable job losses that might hit the corporate. Recent studies advised Musk meant to put off round 75% of its staff, decreasing the headcount from 7,500 to simply 2,000, although on Thursday the brand new proprietor reportedly stated that such a big discount was not a part of his plan.

But it’s not simply workers who’re eager to seek out out about incoming modifications. Twitter’s neighborhood of greater than 235 million every day lively customers may also be eager to see how the platform modifications. For instance, earlier feedback by Musk counsel he could cut back content material moderation, which many worry will permit extra excessive and troublesome content material onto the platform.

However, in his message to advertisers on Thursday, he acknowledged that Twitter “cannot become a free-for-all hellscape, where anything can be said with no consequences,” suggesting moderation might not be relaxed in any case.

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