Twitter CEO Parag Agrawal clarified on Friday that he was the force behind the CEO’s recent speeches and not Elon Musk, whose takeover bid hinges on balance.
Agrawal launched Twitter on Thursday General Manager Kevin Bakepur and Bruce Falk, the company’s revenue product leader. And on Friday, Musk said his. $44 billion offer The Twitter purchase was “temporarily on hold” because it was seeking an additional estimate of the number of spam and bot accounts on the platform. He wrote on Twitter that he was “still committed to the acquisition”.
“While I look forward to closing the deal, we must be prepared for all scenarios and always do the right thing for Twitter. I am responsible for managing and administering Twitter, and our job is to build a stronger Twitter every day,” said Agrawal. He wrote on Twitter on Friday..
Agrawal added that he remains committed to “improving Twitter as a product and business for users,” even in the face of new owners.
“People were also asking, ‘Why manage costs now after closing?’ Our industry is in a very difficult macro environment right now. “I will not use the agreement as an excuse to avoid making important decisions for the health of the company or any of the leaders on Twitter,” he wrote on Twitter.
Twitter received an offer to buy Musk for $44 billion in late April. The deal still awaits approval from regulators and shareholders. Musk now said he is tooPlease expect details to support the calculation that fake/spam accounts actually represent less than 5% of users.”
Musk has long protested the excessive number of spam accounts on the platform and has vowed to get rid of them once he owns the company.
In a recent statement, Twitter said that fake or spam accounts accounted for less than 5% of its monthly active users in the first quarter. However, this is an assessment and the communication adds that “it may not be exactly the actual number of said accounts”.
“We are constantly striving to improve our capabilities, assess the total number of spam accounts and remove them from our mDAU calculations.” quarterly report reading.
May 13 at 2:20 PM PT Updated story and headline to find out if Twitter has suffered budget cuts and is hiring freezers but has no plans to lay off more, says a Twitter spokesperson.
Source: Hollywood Reporter
Camila Luna is a writer at Gossipify, where she covers the latest movies and television series. With a passion for all things entertainment, Camila brings her unique perspective to her writing and offers readers an inside look at the industry. Camila is a graduate from the University of California, Los Angeles (UCLA) with a degree in English and is also a avid movie watcher.
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