Elon Musk dissolved the board of directors of Twitter and was left alone at the helm.
Elon Musk has dissolved Twitter ‘s 9-memberboard of directorsNow he is the only director.
Elon Musk has consolidated his power on the social network Twitter after officially dissolving the company’s 9-member board of directors.
After the action, revealed in the files of the Securities and Exchange Commission of the United States, Musk is the only director of Twitter .
To the power
The arrival of Elon Musk on Twitter has caused a stir after materializing last Thursday after months of cancellation attempts.
The nine fired directors include former board chairman Bret Taylor and former chief executive officer Parag Agrawal. Since these characters had already been fired days ago , the dissolution was an act to be expected.
US media are also reporting that Musk has been bringing in high-profile allies to work at Twitter , including tech investor Jason Calacanis, who changed his bio to “meme boss” on the platform and posted a photo of a coffee cup displays a Twitter logo .
Musk is widely believed to want to cut a large number of jobs at the company.
first changes
Elon Musk is already causing a stir with his possible updates to the social network.
The most notorious is to charge $20 to verified accounts to keep their badge.
The next was to announce that same Friday an upcoming “content moderation council” that will include “diverse points of view” and that, as long as it does not exist, “there will be no major decisions on content or reestablishment of accounts.”
Musk has not currently commented on the removal of the board of directors, but he did joke about the possible return of former President Donald Trump to Twitter . “If I got a dollar for every time someone asks me if Trump is coming back to this platform, Twitter would be minting currency.”