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Binance CEO Reveals Main Reason For Investing $500 Million in Elon Musk Twitter Deal

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Changpeng Zhao. Source: A video screenshot, Youtube/Entrepreneur ME Binance CEO Changpeng Zhao (CZ) has shared that his company&nbsp ;invested $500 million into Elon Musk's buyout of Twitter in a bid to support the freedom of speech.  At the opening event of Europe's largest tech conference, the Web Summit, in Lisbon, the CEO said he was "extremely supportive" of freedom of speech and there were "very strong reasons" why he invested in the social media platform, Reuters reported.  "Number one is that we want to be extremely supportive of free speech ," he reportedly said, adding that Twitter is "where people express their opinions. It is an important free speech platform - that's the number one reason." CZ, who has over 7 million followers on the platform, said he is "a heavy Twitter user," adding that Binance planned to be a long-term investor in the social media company.  He also mentioned the imp...

Elon Musk Twitter's new CEO? Lifetime suspension reversal on the cards

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Just as Elon Musk ’s $44 billion Twitter acquisition deal came through CEO Parag Agrawal along with a few other execs were asked to leave. Amidst this, speculations about the next Twitter CEO began pouring in. Banking on the same, a plethora of tweets of individuals claiming to be the next CEO of the social media platform surfaced. Will the real CEO please stand up? Just as FUD took over Twitter, it was brought to light that Elon Musk himself intended to become the CEO of the social media giant. Bloomberg reported that after heading Tesla Inc. as well as SpaceX, Musk was all set to emerge as the CEO of Twitter as well. The billionaire is anticipated to continue serving as CEO in the short term but may eventually relinquish the position in the long run. As mentioned earlier, CEO Parag Agrawal along with CFO Ned Segal and Vijaya Gadde head of legal and policy were sacked today. In addition to this, it was noted that Musk intended to reverse all lifetime suspensions on ...