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Parag Agrawal stumped out! With Elon Musk’s takeover, will it be Jack Dorsey’s return to Twitter?

Reported By: | Edited By: DNA Web Crew |Source: DNA Web Desk |Updated: Apr 28, 2022, 01: 00 PM IST

With the trade in Twitter possession, there shall be likely changes in the management stage as neatly, with Elon Musk asserting that he has no ‘self assurance in management’. Observers grunt, that this diagram contemporary CEO Parag Agrawal’s space would maybe well unbiased no longer be obtain. This presents upward thrust to the put a matter to that who would maybe well change him because the unique CEO of Twitter?World’s richest man, Elon Musk has purchased the microblogging platform for a whopping USD 44 billion. Reports counsel that there is every most likely probability of ancient CEO Jack Dorsey returning assist to Twitter. Dilapidated head of Twitter India, Manish Maheshwari furthermore backs this recount asserting Dorsey would maybe well unbiased create a comeback in a extra powerful feature.Learn | Right here’s what Parag Agrawal, Jack Dorsey acknowledged as Elon Musk joins Twitter BoardChinese analysts furthermore assist this belief. Jack Dorsey left the gap of Twitter CEO about five months assist. Parag Agrawal has been with Twitter for added than a decade but as CEO he did no longer assemble enough time to level his most likely. Final November, he became as soon as promoted to the discontinuance put up after Dorsey resigned below tension.

Equation between Elon Musk and Jack Dorsey

Elon Musk’s aquisition of Twitter has gone down neatly with Jack Dorsey who became as soon as rapid to acknowledge with a series of tweets asserting he trusts the Tesla CEO to walk the microblogging platform. “Elon is the singular resolution I believe. I believe his mission to extend the sunshine of consciousness,” he tweeted.Reports counsel Elon Musk and Jack Dorsey like known every other for years. Dorsey has previously mentioned his give a boost to for taking the company non-public. He had acknowledged that as a public company, Twitter has constantly been ‘for sale’. Musk in a letter, earlier mentioned that the company desires to head non-public in talk in self assurance to ‘bound via the changes that must quiet be made’.This clearly shows both endorse privatisation of Twitter. Dorsey owns 2.36% of Twitter’s excellent shares, both straight and via trusts. Musk’s agreed-upon proposed raise mark of USD 54.20 per part would web him approximately USD 978 million.Musk and Dorsey like furthermore been in constant praise of every various. Dorsey acknowledged, “He’s constantly on Twitter, constantly talking about what they’re doing and the diagram he’s feeling about it as neatly. He’s very launch and the utilization of it to apt press and if of us will not be centered on the real things. I bag he’s a actually correct mannequin of how to utilize it neatly.”Musk furthermore had some form words for Dorsey asserting he has a ‘correct coronary heart’ in a 2020 tweet. Now not too long ago Musk furthermore praised Dorsey’s unique reliable title at Block, ‘Block Head’.

Elon Musk invitation by Jack Dorsey

As CEO of Twitter, Jack Dorsey in 2020 had invited Elon Musk to talk to a neighborhood of Twitter workers. Dorsey then had in my idea requested Musk for advice on how the platform must quiet operate. Elon Musk had instructed that Twitter must quiet carry out extra to take a look at client identities and be obvious that they’re real of us.Dorsey had furthermore then jokingly requested Musk, “By the style, carry out you would actually like to walk Twitter?”

Musk Dorsey partnership

Elon Musk and Jack Dorsey like furthermore fashioned a unique partnership to obtain a bitcoin mine in Texas that is fully powered by renewable energy. This news became as soon as printed by the mine’s various companion, Blockstream co-founder and CEO Adam Abet, at the Bitcoin 2022 convention in Miami.

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Kunal Guha

Director, Founder and Editor in Chief
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