Elon Musk has dissolved Twitter’s board of directors making him ‘sole director’ of the social media giant
The filing lodged with the Securities and Exchange Commission states that all previous members of the board are no longer directors ‘in accordance with the terms of the merger agreement’.A venture capitalist working with Mr Musk tweeted a poll asking how much users would be willing to pay for the blue check mark that Twitter has historically used to verify higher-profile accounts so other users know it is really them.
Those who have revealed they are helping Mr Musk include Sriram Krishnan, a partner at venture capital firm Andreessen Horowitz, which pledged back in the spring to chip in to Mr Musk's plan to buy the company and take it private. Mr Calacanis said the team already "has a very comprehensive plan to reduce the number of bots, spammers, & bad actors on the platform".
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