Elon Musk fires Twitter's board, says he will be company's new CEO

Mr Musk last week fired CEO Parag Agrawal and other top executives. There has been uncertainty about if and when he could begin larger-scale lay-offs

Twitter is currently free for most users because it depends on advertising for its revenue. File Picture: PA

Billionaire Elon Musk has said he will be the CEO of Twitter, the social media firm he recently acquired $44 billion.

Musk previously changed his Twitter bio to "Chief Twit" in a sign alluding to this move.