Twitter is set to be acquired by Elon Musk this week, and it was reported that ahead of the deadline for closing the deal on Friday, Oct. 28, its chief executive officer and chief financial officer have already vacated their offices. Sources said that the 51-year-old Tesla founder has taken over and is now in charge of the company.
As per CNBC, Twitter’s CEO Parag Agrawal and CFO Ned Segal have left the San Francisco headquarters and will not be coming back. On the other hand, Musk was given until Friday to complete his $44 billion acquisition of the social media platform.
The court already stated before that in case Musk failed to close the deal on the set date, he would have to face Twitter in court next month. At any rate, Musk surprised everyone when he visited the social media firm’s HQ this week. Some described his visit as bizarre because he showed up carrying a sink.
The billionaire posted the short clip of his arrival at Twitter’s HQ on his account and aptly captioned it with “Entering Twitter HQ – let that sink in!”
There were various interpretations of his action of bringing a sink, and one is that Musk is trying to be humorous, and his action was intended as a pun on the phrase “let that sink in,” which means allowing something to penetrate the mental awareness so things could be understood.
Then again, insiders commented that no one really knows what Musk was trying to say with that stunt, so the real meaning is unknown.
Meanwhile, Elon Musk posted a message on Twitter just a day before the deal’s deadline and explained why he decided to buy the platform. He said the site is essential to the civilization’s future.
“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” he said in the message. “There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society.”
Photo by: Joshua Hoehne/Unsplash


US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low
Trump Administration to Launch Voluntary AI Standards for Frontier Models
Asian Stocks Mixed as South Korea Slides on Profit-Taking, Japan and China Gain on Strong Factory Data
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May
Norway Offshore Oil Workers Reach Wage Deal, Averting Strike
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production
Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 



