Twitter Locks Down Product Changes After Agreeing to Musk Bid
April 25,2022
Twitter Inc. locked down changes to its social networking platform through Friday after accepting a $44 billion bid from billionaire Elon Musk, making it harder for employees to make unauthorized changes, according to people familiar with the matter.
For now, Twitter won’t allow product updates unless they’re business-critical, said the people, who asked not to be identified because the situation is private. The company accepted a $54.20-a-share bid from Musk after a whirlwind courtship that began with the Tesla Inc. magnate disclosing a 9% stake in Twitter earlier this month.
Product changes will require approval from a vice president, the people said. Twitter imposed the temporary ban to keep employees who may be miffed about the deal from “going rogue,” according to one of the people.
https://www.bloomberg.com/news/articles/2022-04-25/twitter-locks-down-product-changes-after-agreeing-to-musk-bid