i know a lot of staff were really concerned by ned siegel's departure.e was regarded generally as a very nice guy. two individuals walked out of the building behind me earlier today. they claimed to be twitter employees who had been laid off. it turns out, according to sources, that was a hoax. twisters staff believes that was a hoax and they were not employees. we have owned twitter and asked for comments to clarify, we have asked musk's team to clarify and have not heard back. emily: ed ludlow outside twitter headquarters. thanks for your report. i want to bring in ross gerber. he is an investor intesa land spacex. so, clarify for us, what is your role in the new twitter under elon musk? we have talked about this a few times, you are such a fan. >> this has been an extremely painful and difficult process. more so for elon then me. when it came down to it, they asked if we wanted to invest and i said yes because i stick with elon. he has made a lot of money over the years and i have confidence in his ability to turn twitter around and make it a better p

thursday night, most of the top ranks of twitter c-suite left the company including the ceo and ned siegel, the cfo for the last five years. musk quickly installed himself as ceo, we believe on a temporary basis at least. what have heard from sources in the last 30 minutes or so, is there is an all hands meeting called for next wednesday. not everyone within went -- twitter receive the invitation. there are teams that have not received it. we are led to believe from a internal memo, that there would be an all hands this friday, no word yet on what time that might be or if indeed it would go ahead. there is a meeting set for next wednesday the curiosity, that not everyone within the company has received the invite. jon: obviously know that this is elon musk's business we do not necessarily have to get constant updates on the road ahead, do you get the sense that his larger vision as they go through these very quick changes will be shared in the early days? ed: there is still an interest from wall street, in the sense that the debt financing of this deal, $13 billion was affronted by the ban

ned siegel tweeted that on thursday, it concluded five years on twitter. he was grateful to have some incredible people. he went on to say the work is not complete. the company made meaningful progress. they also fired a ceo on twitter. happening today, oakland police are expected to release details on two arrests of a local dentist. this is new video of a suspect being taken into custody. a doctor was shot and killed in august in the cities saigon neighborhood near lake merritt. the shooting was a robbery. friends have maintained they believe it maintained eight factor in the attack. >> san jose police are tracking down a killer who -- it is difficult to watch. yesterday, at maunakea lane, surveillance footage captured a moment when a car hit a 68-year-old woman, and a toddler was strapped into a stroller and landed face down the driver of the dark gray hatchback did not stop. >> every time, it breaks my heart to see that. it is traumatizing to see it. >> she was ignoring all of the horrible pain, and she kept asking whether the baby is ok or good. >> the

of course, last night, we heard that the ceo as well as ned siegel have departed the company. ye is back on twitter. change is here there's other cameras around me. this is a moment, and julia, you have spent a lot of time outside of this building over the years as well, through, what, five or six different ceos how would you describe this moment >> well, yeah, it's really interesting right now because i remember that street corner well, dee, that you're standing on and the question is what is going on in the building behind you and what are elon musk's challenges and opportunities to fix them he's taking over the company in a time where there are three major constituencies he has to deal with and reassure first, those employees, by the way, many of them used to working from home, seems like elon musk is going to expect them to come into the office, and the big question of whether or not they have jobs. there were some reports out there a couple weeks ago thattee was going to lay off 75% of the company's staff. he assured people that number was not accurate, but we have alread

dramatically slim down that employee base from the -- in terms of the executive team we do know that ned siegel, the cfo and the ceo as well as other people in those key senior roles have been fired. now, the question is, how or whether most replaces them remember that musk is also running a bunch of other companies, so there's been some speculation that he might bring someone in to run the day-to-day twitter instead of trying to be the ceo of many companies all at the same time. >> all right always a good story. elon musk, twitter, the whole thing. it's been playing out for a long time we'll see what he does with it and really, the needle-to-thread here, it seems to me, julia, is keeping the place a place where people feel comfortable hanging out. fair point >> and advertisers and advertisers. remember, you need advertisers to feel like it's a safe space for their brand to be on the platform and he might want to open the floodgates to free speech, but advertisers want to make sure that their brand is not associated with hate speech. >> yeah. free speech is a glorious thing, but it can also tur

the head of legal, and the cfo, ned siegel, and the general counsel, sean e., as well, and the top echelonsg as musk is said to be closing the deal now to take twitter private at the $44 billion valuation. ed ludlow joins us on the line with the breaking news. what are we hearing? ed: elon musk has cleared out the c-suite. sources are telling us the names just mentioned have gone. i guess more importantly for the market, the deal has officially closed. there was no expectation that it wouldn't close at this point. we were hearing from both the debt side of the deal, from what mu was telling -- musk was telling the bankers and co-investors on the equity side of the deal. sources telling us funds have been transferred, the paperwork was done and signed. and it is closed. we also reported today that musk had brought in a small army of engineering talent to take a look under the hood, so to speak, at the code, the underlying code that powers the twitter platform to understand it better, and those engineers were working closely with twitter engineers before the deadline. so there we go. haidi: t