With new developments at Twitter, there’s a twist in the story! Twitter CEO Parag Agrawal not too long ago tweeted that Elon Musk has determined not to be part of the firm’s board. The U-turn comes after Agrawal himself announced the appointment of Musk to Twitter’s board final week.
In his latest e-mail to the Twitter workforce, Agrawal writes that he had many discussions with the board and even instantly with Elon Musk. After Twitter appointed Elon to the board contingent final Tuesday, the tech billionaire shared the similar morning that “he will no longer be joining the board”. Agrawal additional writes:
“I believe this is for the best. We have and will always value input from our shareholders whether they are on our board or not. Elon is our biggest shareholder and we will remain open to his inputs”.
Elon has determined not to be part of our board. I despatched a short be aware to the firm, sharing with you all right here. pic.twitter.com/lfrXACavvk
— Parag Agrawal (@paraga) April 11, 2022
Earlier this month, tech billionaire Elon Musk announced grabbing a 9.2% stake in Twitter turning into the largest particular person shareholder of the firm. The announcement got here after Musk performed a Twitter ballot asking his followers whether or not the platform adheres to the rules of “Free speech”.
A staggering 70% of respondents voted damaging. Probably, Musk thought that being a key shareholder of Twitter will assist him recommend key modifications to the board.
Elon Musk’s fascinating proposal
On Saturday, April 9, Elon Musk shared his concept of introducing a month-to-month paid subscription to the Twitter Blue providers and thus verifying customers accordingly. This may very well be a minimal quantity as little as $3 per thirty days.
This suggestion was to deal with the out-of-control bot military and the impersonators who’ve been deceptive Twitter customers for fairly some time. Besides, he additionally urged Twitter may very well be accepting funds in Dogecoin (DOGE).
But with the newest information, Dogecoin followers may need to maintain their pleasure for longer. However, as Agrawal stated, Twitter may very well be contemplating Musk’s suggestion going forward, and we would ultimately see DOGE funds on Twitter in the future.
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