Meet the new Twitter board. Elon Musk, alone.

The Twitter blue bird must be a bit traumatised by all the swift changes happening to it in the Elon-verse. On the first day of Twitter's takeover, Musk fired and escorted out the company's CEO Parag Agrawal and a bunch of others from the building. And now he has fired the entire Twitter board. 

Musk is the now the sole director sitting on the board of directors is also the new CEO of Twitter. 

The new Twitter board pic.twitter.com/Y6yFck5QWv

— greg (@greg16676935420) October 28, 2022

Who was fired? Twitter's 9-member board consisting of Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou have been removed. 

Who will be on the new board of directors? Currently, Elon Musk is named the "sole director" on the Twitter board. 

• However, Musk said that it is a temporary arrangement. 

This is just temporary

— Elon Musk (@elonmusk) October 31, 2022

• While there is no official word on the new directors on Twitter board, reports say Musk is likely to make the appointments in the coming weeks. 
• The Twitter board shakeup was revealed in a company filing with the US Securities and Exchange Commission on Monday, October 31. 
• There is definitely some friction between Musk and the old Twitter board. Recently, Musk claimed that the old Twitter board had deliberately hidden the company's "fraudulent metrics" from him. 

Wachtell & Twitter board deliberately hid this evidence from the court. Stay tuned, more to come … pic.twitter.com/CifaNvtRtt

— Elon Musk (@elonmusk) October 31, 2022

How Twitter has changed: The social media platform's ownership and core management have drastically undergone several changes. 

• Now, Saudi Prince Alwaleed bin Talal is the second largest shareholder of Twitter after Elon Musk. 
• This piece of information has not escaped the scrutiny of the Democrats in the US. Senator Chris Murphy, a Democrat from Connecticut, US, tweeted his concerns about a Saudi Prince holding such an influence in a major US social media platform. 

We should be concerned that the Saudis, who have a clear interest in repressing political speech and impacting U.S. politics, are now the second-largest owner of a major social media platform.

There is a clear national security issue at stake and CFIUS should do a review.

— Chris Murphy (@ChrisMurphyCT) October 31, 2022

• Twitter's co-founder Jack Dorsey has also shown his support to Musk by rolling out his stake in Twitter worth nearly $1 billion into the company. 
• Rumours are still strong that Musk plans to fire a significant portion of Twitter's employees. Earlier estimates pitted the number to be 75%. 
• A new report also claimed that Musk is trying to lay off employees before November 1 to avoid a $100 million payout. However, Musk denied the reports. 
• There were also reports that Twitter is considering charging blue tick verified users $20 to keep the status. Musk also said in a tweet that the verification process was being revamped. 

The whole verification process is being revamped right now

— Elon Musk (@elonmusk) October 30, 2022

Fun fact: Twitter drama aside, Jack Dorsey is cooking up something too. Dorsey is beta-testing a new social media platform called Bluesky. Bluesky was initially a small Twitter project that started in 2019. 

Now, it needs to be seen whether this new social media platform will come up anytime soon and be able to give Twitter and other social media companies a run for their money.