World

Twitter CEO Jack Dorsey leaving firm he co-founded – Nationwide

Twitter CEO Jack Dorsey has introduced he’s leaving the social media platform that he helped begin.

In a tweet Monday, Dorsey, 45, mentioned he was leaving the corporate after 16 years and Parag Agrawal, chief technical officer, might be taking his place.

“I would like you all to know that that is my choice and I personal it,” he mentioned in a memo to employees, which he shared on the platform.

“It was a tricky one for me, after all. I really like this service and firm … and all of you a lot. I’m actually unhappy … but actually completely satisfied. There aren’t many firms that get to this degree. And there aren’t many founders that select their firm over their very own ego. I do know we’ll show this was the precise transfer.”

Story continues under commercial

Information stories started to flow into early Monday morning that Dorsey was stepping down from the social media large.

A supply throughout the firm informed Reuters the corporate’s board has been making ready for Dorsey’s departure since final yr.

In his tweet, Dorsey additionally mentioned board member Bret Taylor was going to function chair of the board.

Dorsey’s departure comes as Twitter has accelerated the tempo of its product innovation over the previous yr to tackle rivals dwell Meta, previously often known as Fb Inc. and TikTok. Twitter can be aiming to achieve its purpose of doubling annual income by 2023.

Learn extra:
Fb, Google, Twitter face grilling by U.Ok. lawmakers over on-line security

— with information from Reuters




© 2021 World Information, a division of Corus Leisure Inc.

You May Also Like

World

France, which has opened its borders to Canadian tourists, is eager to see Canada reopen to the French. The Canadian border remains closed...

Health

Kashechewan First Nation in northern Ontario is experiencing a “deepening state of emergency” as a result of surging COVID-19 cases in the community...

World

The virus that causes COVID-19 could have started spreading in China as early as October 2019, two months before the first case was identified in the central city of Wuhan, a new study...

World

April Ross and Alix Klineman won the first Olympic gold medal for the United States in women’s beach volleyball since 2012 on Friday,...

© 2021 Newslebrity.com - All Rights Reserved.