Jack Dorsey steps down as Twitter chief executive
The Guardian says Twitter co-founder Jack Dorsey has stepped down from his executive role at the social media company.
Dorsey will be replaced by chief technology officer (CTO) Parag Agrawal, the company announced on Monday.
The surprise move ends Dorsey’s much criticized tenure as chief executive officer of both Twitter and Square, his digital payments company, which led to Twitter stakeholders Elliott Management and billionaire investor Paul Singer calling on him to step down from one of those roles.
Twitter’s shares rose 11% after the news broke on CNBC before being briefly suspended.
https://www.theguardian.com/technology/2021/nov/29/twitter-chief-executive-jack-dorsey
……………………
FOLLOW US ON SOCIAL MEDIA AND SHARE WTX NEWS WITH YOUR FRIENDS AND FAMILY:
Facebook – Please like our page
Twitter – Twitter updates available in English and Arabic. Please follow us and we would love to hear from you
Instagram – Follow our pages in English and Arabic
