Twitter to name top shareholder Musk to board ...Middle East

TWITTER INC said on Tuesday it would name top shareholder and Tesla boss Elon Musk to its board, a day after the billionaire disclosed a 9.2% stake in the social media company.Musk cannot become the owner of more than 14.9% of Twitter’s common stock either as an individual shareholder or as a member of a group as long as he is the director of Twitter, the company said in a filing.“I’m excited to share that we’re appointing @elonmusk to our board,“ Twitter Chief Executive Officer Parag Agrawal said in a tweet.“He’s both a passionate believer and intense critic of the service which is exactly what we need on @Twitter, and in the boardroom, to make us stronger in the long-term.”On Monday, Musk

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Twitter to name top shareholder Musk to board ...Middle East

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