{"id":14345,"date":"2022-04-11T05:03:31","date_gmt":"2022-04-11T05:03:31","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=14345"},"modified":"2022-04-11T05:03:40","modified_gmt":"2022-04-11T05:03:40","slug":"elon-musk","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2022\/04\/11\/elon-musk\/","title":{"rendered":"Elon Musk will no longer serve on Twitter’s board of directors, according to the company’s CEO"},"content":{"rendered":"\n

Elon Musk will no longer be a member of Twitter’s board of directors, according to the company’s CEO, Parag Agrawal.<\/p>\n\n\n\n

Mr Musk’s appointment was set to take effect on Saturday, after his announcement last week that he had purchased a 9.2% stake in the social media network.<\/p>\n\n\n\n

Mr Agrawal, on the other hand, tweeted that “Elon shared that same morning that he will no longer be joining the board.”<\/p>\n\n\n\n

Tesla CEO Elon Musk is Twitter’s largest shareholder, and the company would continue to welcome his input, he said.<\/p>\n\n\n\n

Mr Musk cryptically tweeted a single emoji just over an hour after Mr Agrawal’s revelation.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Mr Musk proposed improvements to Twitter Blue’s premium membership service over the weekend, including lowering the price, prohibiting advertising, and allowing users to pay in the cryptocurrency dogecoin.<\/p>\n\n\n\n

Mr Musk recently questioned his 81 million Twitter followers if Twitter was “dying” and if the company’s headquarters should be converted into a homeless shelter.<\/p>\n\n\n\n

He also made a poll asking if the letter “w” should be deleted from Twitter, with just “yes” and “of course” as answers.<\/p>\n\n\n\n

Mr Agrawal said Mr Musk was offered a position on Twitter’s board because the business thought it was “the greatest way ahead,” with board members required to “act in the best interests of the company and all our shareholders.”<\/p>\n\n\n\n

“I feel this is for the best,” Mr Agrawal said of Mr Musk’s decision.<\/p>\n\n\n\n

“We have always valued and will continue to value feedback from our shareholders, whether or not they are on our board,” he said.<\/p>\n\n\n\n

“Elon is our largest shareholder, and we will continue to listen to his suggestions.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Elon Musk will no longer be a member of Twitter’s board of directors, according to<\/p>\n","protected":false},"author":10,"featured_media":14348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[216],"tags":[],"class_list":["post-14345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international"],"yoast_head":"\nElon Musk will now not join Twitter's board, CEO says<\/title>\n<meta name=\"description\" content=\"Elon Musk will no longer be a member of Twitter's board of directors, according to the company's CEO, Parag Agrawal.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailyrapidnews.com\/eng\/2022\/04\/11\/elon-musk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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On Sunday night, Twitter CEO Parag Agrawal posted the news. \"Elon's appointment to the board was set to take effect on April 9,\u2026","rel":"","context":"In "latest"","img":{"alt_text":"Elon Musk has decided not to join the board of directors of Twitter.","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2022\/04\/Elon-Musk-has-decided-not-to-join-the-board-of-directors-of-Twitter..jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":16648,"url":"https:\/\/dailyrapidnews.com\/eng\/2022\/05\/17\/elon-musk-cautions-that-without-false-account-proof-the-twitter-transaction-will-be-stuck\/","url_meta":{"origin":14345,"position":1},"title":"Elon Musk cautions that without false account proof, the Twitter transaction will be stuck.","date":"May 17, 2022","format":false,"excerpt":"Elon Musk has suggested that a disagreement over the number of phoney accounts on Twitter could jeopardize his $44 billion proposal to buy the social media network. Mr Musk stated on Twitter that the purchase \"cannot proceed forward\" unless Twitter proves that less than 5% of accounts are false or\u2026","rel":"","context":"In "Editor's Picks"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16369,"url":"https:\/\/dailyrapidnews.com\/eng\/2022\/05\/13\/twitter-executives-fired-ahead-of-elon-musk-takeover\/","url_meta":{"origin":14345,"position":2},"title":"Twitter executives fired ahead of Elon Musk takeover.","date":"May 13, 2022","format":false,"excerpt":"Two senior Twitter executives are departing the company in one of the most significant shake-ups since Elon Musk agreed to buy it. Twitter's consumer and revenue operations were led by the executives. Except for \"business vital tasks,\" the firm has suspended most hiring as of this week. 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According to the people, the social media business is working on hammering out the parameters of a\u2026","rel":"","context":"In "international"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2022\/04\/es-052418-elon-musk-is-on-twitter-1527189506_1200x600.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":13892,"url":"https:\/\/dailyrapidnews.com\/eng\/2022\/04\/04\/elon-musk-has-become-the-biggest-stakeholder-in-twitter\/","url_meta":{"origin":14345,"position":5},"title":"Elon Musk has become the ‘biggest stakeholder’ in Twitter.","date":"April 4, 2022","format":false,"excerpt":"Elon Musk, who also owns Tesla and SpaceX, has become one of Twitter's biggest shareholders, just a week after saying on the platform that he was \"seriously contemplating\" launching a new social media platform. 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