Twitter CEO Parag Agrawal hasn't been active on Twitter since the Musk buy. On Friday, he said he expected the deal to go through. "I won't use the deal as an excuse to avoid making important decisions for the health of the company," he wrote.

"I've been focused on the company and haven't said much publicly during this time, but I will now," Agrawal wrote. In a long Twitter thread, he discussed Twitter's hiring freeze and said he expected Musk's deal to go through. Musk has crusaded against spam bots and pledged to "authenticate all humans"

Twitter has been using the 5% figure in financial filings since it went public in 2013. It's possible that Musk is just looking for a way out with the way things are going, a source says. The company has said it plans to pause hiring for a few weeks.

Twitter CEO Agrawal answers questions about his decision-making. "Some have been asking why a "lame-duck" CEO would make these changes if we're getting acquired anyway," he wrote. "We need to be prepared for all scenarios and always do what's right for Twitter"
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