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Friday, October 7, 2022
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    HomeBlockchainElon Musk Decides Not to Join the Twitter Board, DOGE Fans Might...

    Elon Musk Decides Not to Join the Twitter Board, DOGE Fans Might Have to Wait

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    With new developments at Twitter, there’s a twist within the story! Twitter CEO Parag Agrawal not too long ago tweeted that Elon Musk has determined to not be part of the corporate’s board. The U-turn comes after Agrawal himself announced the appointment of Musk to Twitter’s board final week.

    In his latest e-mail to the Twitter staff, Agrawal writes that he had many discussions with the board and even straight with Elon Musk. After Twitter appointed Elon to the board contingent final Tuesday, the tech billionaire shared the identical morning that “he’ll now not be becoming a member of the board”. Agrawal additional writes:

    “I imagine that is for one of the best. We now have and can all the time worth enter from our shareholders whether or not they’re on our board or not. Elon is our largest shareholder and we are going to stay open to his inputs”.

    Earlier this month, tech billionaire Elon Musk announced grabbing a 9.2% stake in Twitter turning into the biggest particular person shareholder of the corporate. The announcement got here after Musk performed a Twitter ballot asking his followers whether or not the platform adheres to the ideas of “Free speech”.

    A staggering 70% of respondents voted unfavourable. In all probability, Musk thought that being a key shareholder of Twitter will assist him recommend key adjustments to the board.

    Elon Musk’s fascinating proposal

    On Saturday, April 9, Elon Musk shared his concept of introducing a month-to-month paid subscription to the Twitter Blue providers and thus verifying customers accordingly. This might be a minimal quantity as little as $3 per thirty days.

    This suggestion was to sort out the out-of-control bot military and the impersonators who’ve been deceptive Twitter customers for fairly some time. In addition to, he additionally instructed Twitter might be accepting funds in Dogecoin (DOGE).

    However with the most recent information, Dogecoin followers may need to carry their pleasure for longer. Nevertheless, as Agrawal stated, Twitter might be contemplating Musk’s suggestion going forward, and we would finally see DOGE funds on Twitter sooner or later.

    Disclaimer

    The introduced content material might embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability on your private monetary loss.

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