Twitter CEO tells employees company not ‘held hostage’ by Elon Musk offer: source

Twitter Chief Executive Parag Agrawal tried to reassure employees that the company was not being “held hostage” by news of Elon Musk’s offer to buy the company, as he spoke at a meeting with all employees on April 14, a source said. told with the case Reuters

Mr Agrawal expressed his appreciation for the workers’ work and encouraged them to stay focused, the source said.

In just ten days, Tesla CEO Elon Musk has gone from popular Twitter contributor and critic to the company’s largest individual shareholder to a potential owner of the social platform — a whirlwind of activity that could dramatically change the service given the world’s leading edge. sometimes erratic billionaires self-identify as an acquittal absolutist.

Twitter revealed in a securities filing Thursday that Mr. Musk has offered to buy the company for more than $43 billion, saying the social media platform “needs to be transformed as a private company” to build trust with its users.

“I believe that freedom of speech is a social necessity for a functioning democracy,” Musk said in the dossier. “I now realize that the company in its current form will not thrive or serve this societal need.”

Later in the day, during an interview onstage at the TED 2022 conference, he went even broader: “Having a public platform that is maximally trusted and broadly inclusive is extremely important for the future of civilization.”

(With inputs from AP)

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