Elon Musk To Ask Questions From Twitter Employees For The First Time Since The Deal –

Elon Musk will first meet Twitter employees on Thursday after signing a $ 44 billion acquisition deal with the company in April.

Twitter CEO Parag Agrawal emailed the company on Monday announcing that the billionaire will attend a full meeting this week. Based on the information available, employees will be able to ask questions in writing prior to the meeting.

Earlier this month, Twitter said it would offer Musk a “fire” of data, including millions of tweets daily, to push the deal to the finish line. He told the Washington Post.

Earlier, in a letter on June 6, Musk’s lawyers sent the company and released a statement from the U.S. Securities and Exchange Commission, threatening to withdraw from the deal and accusing Twitter of withholding information about spam bot account.

“As a potential Twitter owner, Mr. Musk clearly has the right to request data so he can prepare for the transfer of business ownership to Twitter and facilitate the financing of his transaction. Read the letter.” For to do both, it must have a complete and accurate understanding of the core of Twitter’s business model: its active user base. “

His lawyers said Twitter’s refusal to share the data was a result of concerns about what Musk’s analysis of the social media giant might reveal, accusing Twitter of “violating its rights to information. “

“This is a clear violation of Twitter’s merger obligations and Mr. Musk reserves all the resulting rights, including the right not to terminate the transaction and terminate the merger agreement,” the letter reads.

Musk has repeatedly posted criticism of spam bots on Twitter.

Agrawal tweeted Musk in an article posted on Twitter in May, saying that spam accounts make up less than 5% of the platform’s daily active users.

In response, Musk posted the emotion on Twitter.

Musk is facing a lawsuit from a Twitter shareholder who accuses him of deliberately criticizing the company for reaching its share price in order to secure a better price or leave the deal.

When Twitter’s board of directors announced the deal on April 25, when Musk agreed to buy the company for $ 44 billion, the CEOs of Tesla and SpaceX promised to make changes.

“I also want to make Twitter better than ever by enhancing the product with new features, making it an open source algorithm to increase trust, defeat spam bots and authenticate everything,” Musk said. timely press release. “Twitter has tremendous potential: I look forward to working with the company and the consumer community.”

But not all Twitter employees shared his excitement. Some were worried about what it would mean for Musk to take over the company for their work and personally expressed anger at Musk’s critical tweets about the company on Slack’s internal channels. According to the Wall Street Journal.

In addition to Twitter, Musk also scolded employees at his two other companies, Tesla and SpaceX, when he announced that employees must work at least 40 hours a week in the office. According to the New York Times.

“If you don’t show up, we’ll assume you’re fired,” Musk wrote to Tesla employees.

Meanwhile, Twitter is already making changes, including announcing the layoff and hiring of two executives in May, in addition to “critical corporate roles.”