Elon Musk gets rid of Twitter's entire board of directors and reveals new blue tick system
San Francisco, California - Shortly after officially sealing his takeover of Twitter, new boss Elon Musk fired the platform's entire board of directors!
In filings sent to the US Securities and Exchange Commission, Musk reportedly states that all previous board members are no longer directors "in accordance with the terms of the merger agreement," and Musk is now "the sole director of Twitter."
The move comes after the Tesla CEO cemented his deal to purchase the platform for $44 billion last Thursday, which he quickly followed with implementing sweeping changes within the company.
He began by firing several top executives, including chief executive officer Parag Agrawal. And on Friday, he announced the creation of a content moderation council to oversee the reinstatement of previously banned accounts.
Musk also plans to make users pay for verification. In a recent tweet, he referred to the previous verification system as a "lords and peasant system," and promises his new system will give users "priority in replies, mentions & search, which is essential to defeat spam/scam."
Musk now describes himself in his Twitter bio as a "Twitter Complaint Hotline Operator."
Cover photo: Collage: SAMUEL CORUM v AFP & Noam Galai / GETTY IMAGES NORTH AMERICA / Getty Images via AFP