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If I buy Twitter the board compensation will be Zero Elon Musk says

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Elon Musk, the entrepreneur, said on Twitter on April 18 (Local Time) that if he is successful in acquiring the firm, he will reduce the board’s compensation to $0. “If my proposal wins, the board compensation will be $0, so that’s $3 million per year saved right there,” he remarked. Musk was responding to Gary Black of The Future Fund LLC, who claimed that the board’s refusal to accept Musk’s offer was due to the company’s large yearly compensation, which ranges from $250,000 to $300,000 per board member. The board of directors, in particular, owns almost no ownership in the corporation.

Musk had enlisted Jack’s help in responding to another tweet, in which a Twitter user named Chris Bakke pointed out that the board members hold practically no ownership in the firm. “Wow, the Twitter board collectively holds no shares now that Jack has left!” Musk commented. Their economic interests are not, objectively, linked with those of shareholders.”

Twitter’s creator, Jack Dorsey, has been known to send out cryptic notes now and then. He backed a tweet that said, “Excellent boards don’t make good companies, but a terrible board will destroy a firm every time,” in a recent post. It’s widely assumed that Jack made a joke at Twitter’s current board of directors. He was fired as CEO in 2008. Jack also intends to step down from the board before the end of the year.

“If you dig into the history of the Twitter board, it’s fascinating since I was a witness to its early beginnings, embroiled in conspiracies and coups, and notably amongst Twitter’s original members,” he said in response to a remark on his endorsement. “It’s continuously been the company’s problem,” Jack said, “and I wish it could be made into a Hollywood drama one day.”

Musk’s coworkers have rallied around him. Poison medications should be made illegal, according to David Sacks, a South African entrepreneur and Musk’s partner at X.com. “Every firm led by a bad management team should be on the table,” he stated.

Elon Musk’s plan to take over Twitter

Elon Musk recently offered to buy Twitter and turn it into a private company. He said that the firm had a lot of potential and that he could assist Twitter in making greater use of it. The Twitter Board, on the other hand, declined the offer and chose the Poison Pill instead. It’s worth noting that, even with the Poison Pill in place, the Twitter Board will not be able to prevent Musk from acquiring the firm.

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Woman Alleges Cab Driver Tried to Molest Her in Navi Mumbai

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Police register FIR and launch search for accused after late-night incident.

The Case

A woman travelling home after attending a party in Chembur has alleged that her cab driver tried to molest her after stopping the vehicle at an isolated location in Navi Mumbai during the early hours of September 6.

According to her complaint, the incident took place around 1:30 am. The driver reportedly stopped the cab on the roadside, saying he wanted to drink water. After getting back into the vehicle, he allegedly moved to the back seat, held the woman’s hand and tried to remove her clothes despite her resistance.

The woman strongly protested, following which the driver allegedly fled from the spot. She then contacted her family and approached the police to report what had happened. Police identified the accused as Mohammed Afzal Sheikh and registered an FIR based on the woman’s complaint. Multiple police teams have reportedly been formed to trace and arrest him.

Investigators are using technical information and other leads to locate the accused. Police have said the complaint is being taken seriously and that appropriate legal action will follow. The incident has once again raised concerns about the safety of passengers travelling alone in cabs during late-night hours. Police are continuing their investigation into the case.

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Vashi, Belapur Welcome Grand Ganesh Idols Ahead of Ganesh Chaturthi

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Thousands of devotees join colourful processions as towering idols arrive in Navi Mumbai.

The Grand Ganesh Celebration

With Ganesh Chaturthi just around the corner, the festive spirit has already taken over Navi Mumbai. Vashi and CBD Belapur witnessed enthusiastic celebrations as devotees gathered to welcome two towering Ganesh idols.

In Vashi Sector 17, the 12-foot idol of Navsala Pavnara Maharaja arrived on September 4 amid the beats of dhol-tasha and chants of “Ganpati Bappa Morya.” Nearly 3,000 devotees took part in the welcome procession. The idol, depicting Lord Ganesha seated on an elephant, will be installed in a grand replica of a royal palace. The mandal is celebrating its 43rd year.

Meanwhile, CBD Belapur Sector 2 welcomed the CBD Cha Raja, a 12.5-foot idol prepared by renowned sculptor Bhendkar from Chembur. A large number of devotees gathered to seek Bappa’s blessings during the arrival ceremony.

The mandal, now entering its 44th year, is creating a replica of the famous Banke Bihari Temple in Mathura as this year’s main attraction.

Beyond the grandeur, the celebrations also reflect Navi Mumbai’s spirit of unity. People from different communities come together to participate in aarti, puja and havan at the mandal. As the city prepares for Ganesh Chaturthi, these celebrations have brought communities together and set the mood for a festival filled with devotion, tradition and togetherness.

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Ganraj Vashi Cha Raja Enters 43rd Year with Grand Arrival Celebration

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Traditional performances, a vibrant procession and an eco-friendly idol mark the beginning of Ganeshotsav in Vashi.

The Grand Celebration

The festive spirit of Ganeshotsav came alive in Vashi as the Ganraj Vashi Cha Raja Public Ganeshotsav Mandal, Sector 16A, began its 43rd year with a grand idol arrival ceremony.

The procession started from Chhatrapati Shivaji Maharaj Chowk and made its way to the main pandal amid the energetic beats of dhol-tasha. Thousands of devotees joined the celebrations, turning the streets into a sea of devotion and excitement.

Traditional performances added to the charm of the procession. Mardani Khel demonstrations, a colourful Lezim performance and the presence of a Govinda troupe drew loud cheers from the crowd. The Govindas formed a human pyramid and offered a special salute to Ganraj Vashi Cha Raja.

The event was attended by BJP corporator Anjali Valunj, mandal president and social worker Vijay Valunj, social worker Ajay Valunj, along with mandal office-bearers, volunteers and devotees. This year, the mandal has also focused on protecting the environment. The Ganesha idol, depicting Lord Ganesha seated on an elephant, has been made from paper as part of its eco-friendly initiative.

The organisers said the mandal has been preserving culture and tradition for 43 years and was among the first in Navi Mumbai to organise an idol arrival ceremony. They also invited devotees from across Navi Mumbai and Maharashtra to visit the mandal and seek Bappa’s blessings.

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