Twitter CEO Parag Agrawal acknowledged the possibility that Elon Musk’s deal to purchase the company could fall through in a series of tweets this afternoon that sought to explain why he’s shaking up Twitter’s leadership. Agrawal said that he’s still “accountable for leading and operating” Twitter for the time being and that his recent changes are meant to “build a stronger Twitter” and help manage costs.
“While I expect the deal to close, we need to be prepared for all scenarios and always do what’s right for Twitter,” Agrawal said.
His remarks come after Musk tweeted this morning that his $44 billion purchase of Twitter is “temporarily on hold” over concerns about spam and fake accounts. While it is entirely unclear whether Musk can…
Twitter CEO: ‘We need to be prepared for all scenarios’