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Parallel Web Systems, the AI agent-tool startup founded by former Twitter CEO Parag Agrawal, has raised a $100 million Series B at a $2 billion valuation led by Sequoia. Existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, and Terrain Capital also participated, the company said. This raise comes just five…
Musk moves quickly to remodel Twitter Elon Musk wasted no time beginning to remodel Twitter after closing his deal to acquire the company Thursday night, quickly cutting key staff, doubling down on plans to lift lifelong bans and previewing plans for a council to determine content decisions. The changes he’s made so far confirmed suspicions critics had about the direction the billionaire space…
Musk plans to end lifetime Twitter bans Twitter owner Elon Musk plans to end lifetime bans on the platform as he steps into the role of CEO at his newly acquired company. Musk, who closed his $44 billion deal with Twitter on Thursday, does not believe in lifelong prohibitions from social media sites, an anonymous…
Musk officially closes Twitter deal: reports Elon Musk officially owns Twitter after closing the deal by a court-imposed Friday deadline, according to multiple outlets, ending a six-month journey over his controversial $44 billion acquisition. CNBC first reported Thursday evening that Musk had taken control of Twitter and the company’s CEO Parag Agrawal and chief financial officer…