After much practice, the ownership finally has changed. An end to many speculations that have been going on for many days. Ending all previous speculations, Elon Musk is finally the owner of the Twitter software. And soon after the purchase, CEO Parag Agarwal was out of a job as expected.
Parag was working as a software engineer at Twitter in 2011. In 2017, he became the company’s ‘Chief Technology Officer’ or CTO. Then joined the post of CEO in 2021. According to the rules, if Parag is fired within 12 months of the change of ownership, he will have to pay around $42 million. In Indian currency, the figure is more than 345 crore rupees. That money now has to pay by the company’s new owner, Elon Musk.
Meanwhile, after acquiring Twitter, Elon Musk tweeted, ‘The Bird is free’. As everyone knows, Twitter’s logo has a picture of a blue bird. But what exactly did the mask want to say? In fact, Twitter has been accused of spreading unrest many times in the past. There is also a lot of controversy over lewd comments. Elon Musk has opened up about this matter from the beginning. According to many, he wanted to give some message by saying ‘ The bird is free’.