Breaking: Twitter CEO Parag Resigns As Elon Musk Takes Control

Parag Aggarwal has resigned as the CEO of Twitter. In his place, Elon Musk has taken full control of Twitter.  Reports highlight that Musk and Twitter formally closed the deal on Thursday evening.

Twitter CFO Ned Segal has also resigned from the position. Both former CEO Parag Aggarwal and Segal have left the San Francisco headquarters for the last time.

Twitter’s share prices are up by 0.3% in the after-hours. However, Twitter shares will be suspended from trading until the deal is formally announced.

Nidhish is a technology enthusiast, whose aim is to find elegant technical solutions to solve some of society’s biggest issues. He is a firm believer of decentralization and wants to work on the mainstream adoption of Blockchain. He is also big into almost every popular sports and loves to converse on a wide variety of topics.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.