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 Elon Musk To Te Temporary CEO Of Twitter

According to information from the US Securities and Exchange Commission documents, Twitter remained under the sole control of the entrepreneur, billionaire owner of Tesla and SpaceX, Elon Musk, after he dissolved the board of directors on October 27, 2022. Among the nine directors fired are former board chairman Bret Taylor and former chief executive Parag Agrawal.

Taking Twitter private gives Musk a number of advantages. For example, Twitter will not have to publish reports, the platform will receive less attention from regulators. On the other hand, Musk will be able to control the management of the company in a closed and uncompromising manner, and he will not need to take into account the interests of investors.  In fact, Musk can completely change Twitter, including restructuring the platform’s content rules, its finances and priorities, without paying attention to regulators and investors.

On October 30, Musk, after accepting the guidelines, demanded that developers change the rules for the Twitter home page for unregistered users. Now popular tweets and news are displayed there, and not just the registration form in full screen, as it was before. So Musk wants to attract new users to the social network.

On October 31, Musk checked the developers on Twitter and gave the task with a deadline of November 7 to replace the Twitter Blue subscription with account verification.

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