Latest News

Musk to hold first meeting with Twitter workers

For the first time since announcing his $44 billion (£36.2 billion) takeover attempt for Twitter in April, Elon Musk will address Twitter staff on Thursday.

At the meeting, the multi-billionaire Tesla CEO is anticipated to answer questions from Twitter employees.

If the company does not share information regarding phony accounts on the network, Mr. Musk has threatened to walk away from the partnership.

Parag Agrawal, the CEO of Twitter, announced the event in an email to colleagues on Monday.

Employees were informed by Mr. Agrawal that they might send Mr. Musk questions before to the meeting.

A Twitter representative verified the information to the BBC after it was originally reported by Business Insider.

The all-hands gathering will be Mr. Musk’s first direct interaction with the company’s personnel since the announcement of his takeover offer.

He threatened to terminate the agreement earlier this month after the social media business allegedly “thwarted” his demands to learn more about its user base.

Mr. Musk asserted his right to conduct his own analysis of spam accounts in a letter sent to authorities.

The letter formalized a disagreement that had been brewing since he placed the sale “on hold” while waiting for further information.

Analysts have suggested that Mr. Musk may be attempting to renegotiate the price or perhaps walk away from the contract exploiting the problem. They claimed it was challenging to determine how serious he was because of his unique choice to bring up the issue on social media.

Mr. Musk tweeted a poo emoji in response to Mr. Agrawal’s string of tweets defending the company’s method for locating bogus accounts.

At the close of New York trade on Monday, the company’s shares were selling at $37.03 per, far less than Elon Musk’s $54.20 offer price.

Related Articles

Leave a Reply

Check Also
Back to top button
%d bloggers like this:

Adblock Detected

Please consider supporting us by disabling your ad blocker