Refresh the page or click the button below to continue.Under “ Pause on this site” click “ Always”.Click the AdBlock icon in the browser extension area in the upper right-hand corner. You won’t see tweets from me on the ‘topic of the day’ or the loudest sound bite, but rather on the ongoing, continuous, and challenging work our teams are doing to improve the public conversation on Twitter.īecause I mentioned the deal in this thread, he’re the obligatory legalese for your reading pleasure Įlsewhere in tech, take a look at how much cryptocurrency billionaires have lost from the crypto crash.Īdblock Adblock Plus Adblocker Ultimate Ghostery uBlock Origin Others I will also try to bring more transparency to the work that we do. I won’t use the deal as an excuse to avoid making important decisions for the health of the company, nor will any leader at Twitter. People have also asked: why manage costs now vs after close? Our industry is in a very challenging macro environment – right now. I’m accountable for leading and operating Twitter, and our job is to build a stronger Twitter every day. While I expect the deal to close, we need to be prepared for all scenarios and always do what’s right for Twitter. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” he tweeted, causing Twitter’s stock price to plummet by 20% during pre-market trading. Musk put the $44 billion USD deal on hold after he raised concerns over the amount of fake Twitter users. And you can expect more change for the better.” He also promised more transparency, telling users that he will be open about “the ongoing, continuous, and challenging work our teams are doing to improve the public conversation on Twitter.” “I’m accountable for leading and operating Twitter, and our job is to build a stronger Twitter every day.”Īgrawal added that he and the future leaders of Twitter will not let the deal be “an excuse to avoid making important decisions for the health of the company,” and that he will “continue to embrace the deep complexities of our service and our business. “While I expect the deal to close, we need to be prepared for all scenarios and always do what’s right for Twitter,” he tweeted. The CEO explained that despite the possibility of the buyout, these decisions were made for the future of Twitter. "We want to be able to move quick and make decisions, and Parag is leading the way with that," Yagerman said.ĭorsey announced his departure on Monday and told employees in a letter that, "I believe the company is ready to move on from its founders." Agrawal, 37, is now tasked with meeting Twitter's aggressive internal goals, after the company said earlier this year it aims to have 315 million monetizable daily active users by the end of 2023 and to at least double its annual revenue by that same year.In a series of tweets, Agrawal addressed the firing of two senior execs - reportedly Twitter’s general manager of consumer products Kayvon Beykpour and general manager of revenue Bruce Falck - following Musk’s public statements about the platform. In the past, Twitter has been criticized for moving slowly, said Laura Yagerman, the company's new head of corporate communications. Lindsey Iannucci, senior director of strategy and operations, was also elevated to chief of staff and vice president of operations to support Agrawal, Twitter said. Revenue product lead Bruce Falk will become general manager of revenue, and vice president of engineering Nick Caldwell will assume the role of general manager of core tech. Kayvon Beykpour, the former head of product, will become Twitter's general manager of consumer. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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