Twitter rejects Musk-backer Durban's resignation from board

Twitter will not accept Tesla CEO Elon Musk-backer Egon Durban's resignation from the board. This comes days after the platform's shareholders blocked Durban's re-election at an annual meeting. Durban failed to receive the majority votes in the re-election held earlier this week due to "voting policies of certain institutional investors regarding board service limitations", Twitter said.