With new developments at Twitter, there’s a twist within the story! Twitter CEO Parag Agrawal lately tweeted that Elon Musk has determined to not be part of the corporate’s board. The U-turn comes after Agrawal himself announced the appointment of Musk to Twitter’s board final week.
In his current e mail to the Twitter group, Agrawal writes that he had many discussions with the board and even immediately with Elon Musk. After Twitter appointed Elon to the board contingent final Tuesday, the tech billionaire shared the identical morning that “he’ll now not be becoming a member of the board”. Agrawal additional writes:
“I imagine that is for the perfect. We now have and can all the time worth enter from our shareholders whether or not they’re on our board or not. Elon is our largest shareholder and we’ll stay open to his inputs”.
Elon has determined to not be part of our board. I despatched a short observe to the corporate, 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 changing into the biggest particular person shareholder of the corporate. The announcement got here after Musk carried out 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. In all probability, Musk thought that being a key shareholder of Twitter will assist him recommend key adjustments to the board.
Elon Musk’s fascinating proposal
On Saturday, April 9, Elon Musk shared his thought of introducing a month-to-month paid subscription to the Twitter Blue providers and thus verifying customers accordingly. This might be a minimal quantity as little as $3 per 30 days.
This suggestion was to sort out the out-of-control bot military and the impersonators who’ve been deceptive Twitter customers for fairly some time. In addition to, he additionally urged Twitter might be accepting funds in Dogecoin (DOGE).
However with the newest information, Dogecoin followers might need to carry their pleasure for longer. Nevertheless, as Agrawal stated, Twitter might be contemplating Musk’s suggestion going forward, and we would finally see DOGE funds on Twitter sooner or later.
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