Home Technology Elon Musk has finally given up his seat on Twitter’s board of directors

Elon Musk has finally given up his seat on Twitter’s board of directors

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Elon Musk has finally given up his seat on Twitter’s board of directors

Tesla and SpaceX boss Elon Musk made about face -to -face by refusing to join Twitter’s board of directors, Parag Agrawal, the social network’s general manager, announced on Sunday after a week -long adventure. . between the unexpected billionaire and the platform.

Elon Musk decided not to join our board of directorstweet by Mr. Agrawal.

Elon’s arrival on the board will officially take effect on April 9, but Elon announced that morning that he would no longer be joining the board.he explained in a message to Twitter staff, which he shared on the platform.

I believe this is for the bestHe added.

We enjoy and always value the participation of our shareholders, whether they serve on our board or not. Elon is our largest shareholder and we remain open to his participationcontinued Mr. Agrawal.

Right after this announcement, Elon Musk tweeted a giggling emoji, which did not include text.

Mixed signal

The richest man in the world announced in early April that he had taken a 9.2% stake in Twitter’s capital, making him the largest shareholder.

He first specified in the document sent to the stock market regulator that this participation was passive, i.e., he did not intend to influence major strategic decisions. He also took action not to raise his stake beyond 14.9%.

But the announcement, then, of his entry into Twitter’s board of directors was applauded by the markets, who saw it as a sign that the billionaire finally intended to engage in the group’s strategy.

A Twitter star

Elon Musk is a very active user of the social network, where he has 80.5 million subscribers.

He talks there almost every day about his companies, from Tesla (electric vehicles) to SpaceX (spaceflight), through Neuralink (brain implants), and doesn’t hesitate to joke or cause of controversy.

He also frequently uses his account to poll Internet users, about his sales of Tesla shares or, more recently, to find out if they believe Twitter respects the freedom of expression of Internet users, a question answered by most. No..

The entrepreneur has repeatedly criticized the platform on this topic, believing it goes beyond content moderation.

Ang Entertainment by Elon Musk

Since announcing his entry into the capital, Elon Musk has multiplied provocations. In particular, he conducted a survey to ask if Twitter users wanted a button to change, to correct a tweet after posting. Nearly 4.4 million people voted, and about 73% responded oo.

The platform then announced that it was testing this feature, which has been requested by many Internet users for years.

On Saturday, Elon Musk wondered if the social network was dyingciting highly monitored but not very active accounts.

Most of these “super” accounts rarely tweet and post very little content. Is Twitter dying?, he wrote, in the caption of a screenshot of the list of 10 profiles with the most subscribers. He notably noticed that singer Justin Bieber, in second position, only tweeted once this year.

On Sunday, he made two more suggestions: Delete w on twitter? (with, as a choice of answers, oo where sure) at Convert Twitter’s San Francisco headquarters into a shelter for the homeless because no one goes there. More than 90% of the 1.9 million voters responded oo.

He then proposed changes to the paid subscription formula of the social network, Twitter Blue.

There will be setbacks in the future, but our goals and priorities do not change. The decisions we make and how we carry them out are in our hands, and no one else’s.said Parag Agrawal in his message to the staff.

According to Washington Postsome Twitter staff members expressed their concern, specifically believing that the values ​​of the world’s richest people are not aligned with the corporate culture of the social network.

Source: Radio-Canada

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