Elon Musk dissolves Twitter’s board of directors and consolidates control over it November 1, 2022 8 hours ago news/240/cpsprodpb/5AA9/production/_127390232_gettyimages-1393786673.jpg.webp 240w, https://ichef.bbci.co.uk/news/320/cpsprodpb/5AA9/production/_127390232_gettyimages-1393786673.jpg.webp 320w, https://ichef.bbci.co.uk/news/480/cpsprodpb/5AA9/production/_127390232_gettyimages-1393786673.jpg.webp 480w, https://ichef.bbci.co.uk/news/624/cpsprodpb/5AA9/production/_127390232_gettyimages-1393786673.jpg.webp 624w, https://ichef.bbci.co.uk/news/800/cpsprodpb/5AA9/production/_127390232_gettyimages-1393786673.jpg.webp 800w" type="image/webp" sizes="(min-width: 1008px) 645px, 100vw"/>news/240/cpsprodpb/5AA9/production/_127390232_gettyimages-1393786673.jpg 240w, https://ichef.bbci.co.uk/news/320/cpsprodpb/5AA9/production/_127390232_gettyimages-1393786673.jpg 320w, https://ichef.bbci.co.uk/news/480/cpsprodpb/5AA9/production/_127390232_gettyimages-1393786673.jpg 480w, https://ichef.bbci.co.uk/news/624/cpsprodpb/5AA9/production/_127390232_gettyimages-1393786673.jpg 624w, https://ichef.bbci.co.uk/news/800/cpsprodpb/5AA9/production/_127390232_gettyimages-1393786673.jpg 800w" type="image/jpeg" sizes="(min-width: 1008px) 645px, 100vw"/> photo released, Getty Images American billionaire Elon Musk has dissolved the board of directors of the company that runs the social networking site Twitter, consolidating his grip on the company, after becoming its only director. The move was revealed in US Securities and Exchange filings. Those financial documents say that on October 27, following the “completion” of Musk’s acquisition, he became the sole director of Twitter. The list of directors included nine executive directors, including former chairman Brett Taylor and former CEO Parag Agrawal. Another board member, British Chambers President Baroness Lynn Fox, declined to comment when contacted by BBC News for comment. News widely indicates that Musk and his team are also considering significant job cuts. The Washington Post reports that the first of these cuts could affect one in four employees. Twitter did not respond to a request from BBC News for comment on the news. US media also reports that Musk is introducing high-ranking allies to work on Twitter, including tech investor Jason Calacanis, who changed his job title on his Twitter bio, posting a picture of a coffee cup with the Twitter logo. ‘A national security issue’ In the midst of scrutiny of Musk’s acquisition of Twitter, Democratic Senator Chris Murphy said he had asked the US government to review the implications for national security, given the large stake in Twitter owned by companies linked to Saudi Arabia. “We have to be concerned that the Saudis, who have a clear interest in stifling freedom of political expression and influencing American politics, are now the second largest owner of a major social media platform,” Murphy wrote on Twitter. He added, “There is a clear national security issue at stake, and the CFIUS (Committee on Foreign Investment in the United States) should review the matter.” Related posts:Weekly gold price forecast: Gold records a rise for the weekTwo men ransacked an Apple store and took away more than 200,000 products. The move is a textbook: L..."France lacks will in the effective interconnection of its regional networks to the European network...Harbin's tourism hot trend leads ice and snow stocks with 4 consecutive boards!Banking sector streng...A feature that will turn the world around.. “WhatsApp” reveals a new feature that will make all user...“If a large company does a used car business, the price will only rise” vs “You have to enter the ma...A new project for the reconfiguration of the Léopold district in NamurKorean export companies that can not feel the impact of yen depreciation than in the past | Joongang...Share this:FacebookX Related They arrested a woman accused of killing her two daughters in Cañada de Gómez In “Battle Strike 2”, it is Xiaomei’s turn to completely ban the bug, and the hero balance is weakened by Zalia & Horror | 4Gamers Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Close Search for: