World News
Jack Dorsey Resigns As CEO From Twitter
Jack Dorsey, co-founder and CEO of Twitter, has resigned from his position in the social media platform company.
It was announced on Twitter’s official account that the current chief technical officer, Parag Agrawal, will be replacing him.
Jack Dorsey, who co-founded Twitter in 2006, has been serving as the CEO of not only Twitter but also payment company Square.
Time has finally come for me to leave, “Jack Dorsey” wrote in a statement he released, as he says the Twitter company is ready to move on.
In the statement, Jack Dorsey said he has deep trust in his replacement and said he is deeply grateful for his skill, heart, and soul, adding that the time has come for him to lead.
The chief technical officer, Parag Agrawal, joined the Twitter company in 2011, and has been the head of technology since the year 2017.
Some investors pressed Jack Dorsey to step down in 2020 in favor of a CEO with a singular focus.
Twitter shared that prices jumped slightly when rumours of his departure first came out.
Trading of shares on the stock exchange stopped for some time, but it has resumed.
Reports about his resignation had come out, but Dorsey wrote a tweet saying that he was not sure if people had heard that he had resigned from Twitter.
Before he officially announced it on his Twitter account,
- Celebrity6 days ago
Junior Pope Biography: Personal Life, Career, Movies, Education, Wife, Children, Death, Houses, Cars & More
- Education3 days ago
Government of Colombia Scholarships for Foreign Students 2024 (Fully-Funded)
- Education3 days ago
Microsoft Account Management Internship 2024 (Fully-Funded)
- Education6 days ago
Ailie Donald Scholarship for International Students at University of Edinburgh 2024
- Education6 days ago
IGAD Regional Scholarship 2024-2025 (Fully Funded)