Ilya Brown, a VP of product management for health, conversation and growth; Katrina Lane, a VP of Twitter Service; and Max Schmeiser, head of data science, have quit the company
Goldman Sachs Group Inc and JPMorgan Chase & Co may earn a combined $133 million in fees for advising Twitter on the acquisition, but only if the deal goes through.
On Monday, Musk attacked Agrawal after the Twitter CEO went into finer details on how the micro-blogging platform is fighting spam and fake accounts.
Twitter estimated in a filing earlier this week that false or spam accounts represented fewer than 5 per cent of its monetisable daily active users during the first quarter.
In a memo sent to employees, Agrawal said there is a hiring freeze now and Twitter will also pause spending in most areas
She has collaborated with academic researchers at Cold Spring Harbor Laboratory, Lawrence Livermore National Laboratory, and the Broad Institute, where she did graduate work in computational biology and human genetics.
Musk received $1 billion from Oracle co-founder Larry Ellison and $5 million from Honeycomb Asset Management, which invested in his SpaceX company, the report mentioned.
Amid multiple reports that Musk has lined up a new CEO to replace him, Agrawal has already said that he took the job to change Twitter for the better, course correct where we need to, and strengthen the service.
In a town hall meeting on Friday, the employees demanded answers from Agrawal as to how the company is planning to handle an "anticipated mass exodus prompted by Musk".
Tuesday morning, Twitterati in India woke up to the news about Board of Directors of Twitter approving Elon Musk's offer to buy the company at $54.20 per share. How will things change from hereon, for India and rest of the planet?
Agrawal took over from Jack Dorsey in November 2021.
The Twitter buyout casts doubts on the future of Agrawal, and it is still unclear whether he would like to remain at the helm, with Musk now being at the very top of the platform.
Asset management firm Vanguard Group disclosed last week that its funds now own a 10.3 per cent stake in Twitter which makes it the largest shareholder.
"We have and will always value input from our shareholders whether they are on our Board or not. Elon is our biggest shareholder and we will remain open to his input," Agrawal said.
Twitter users have been demanding an edit button to correct their tweets for a long period of time.
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