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Musk fires entire Twitter board, keeps himself

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The board that oversaw Twitter Inc.’s tumultuous sale to Elon Musk has now been dissolved

This means that the Tesla Inc. chief is now serving as the social-media company’s sole director.

Twitter said in a securities filing Monday that the nine members of its former board are no longer directors as of the consummation of the $US44 billion merger, which closed last Thursday after six months of hand-wringing over the deal’s fate.

This is big news for those who have been following the story.

Mr. Musk always intended to take over as sole director under the terms of the merger agreement, according to the filing.

This comes as no surprise given his stake in the company.

The San Francisco-based company’s new owner immediately fired Twitter’s top executives after the deal closed, tweeting hours later that “the bird is freed” in an apparent reference to Twitter, which has a blue bird as its logo.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Six strategies to build a six-figure property portfolio

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Achieve your dream retirement with these key property investment approaches

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Moxin Reza, Director of Invest0r Partner Group.

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Experts reveal how to spot investment-grade properties

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Crucial tips for choosing the right property to secure long-term financial success

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Moxin Reza, Director of Investor Partner Group.

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Tricks of the trade: how to navigate market volatility with confidence

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Strategies to manage risk and seize opportunities in uncertain times

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

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