Tag Archives: Dorsey

Twitter owner Elon Musk and the platform’s cofounder Jack Dorsey.Jim Watson/AFP via Getty Images Jack Dorsey said Twitter was defenseless against Elon Musk’s acquisition, per a data scientist. Emily Gorcenski said she exchanged messages with Twitter cofounder about Musk’s involvement. Dorsey said Twitter “should have never gone public” and that anyone could buy it, per Gorcenski. Jack Dorsey said Twitter had no defenses against Elon Musk acquiring the company in October, according to a data… Source link

Dimitrios Kambouris/Getty Images for The Met Museum/Vogue/Joe Raedle/Getty Images Text messages between Elon Musk and various notables in tech and business have been released. In several private exchanges, Musk and Jack Dorsey discussed the platform and Musk’s involvement. “I trust you,” Dorsey said in one text to Musk. Elon Musk and Jack Dorsey texted privately about Twitter several times before and after the Tesla billionaire became financially involved in the company, newly revealed court… Source link

Twitter cofounder and former CEO Jack Dorsey has rarely lacked candor in describing the company he once led. In his latest assessment of the state of the social media platform, Dorsey said he regrets letting the app become a company at all. “The biggest issue and my biggest regret is that it became a company,” Dorsey wrote in a recent tweet, replying to a question as to whether Twitter turned out the way he had originally wanted it to. Dorsey elaborated further on what his original vision… Source link

Twitter cofounder Jack Dorsey stabbed his company’s board in the back by serving up the social media platform on a platter to Elon Musk, according to a former company veteran and ex-director. As the company prepares to host shareholders for a virtual annual general meeting from 1 p.m. ET on Wednesday, Jason Goldman found clear words for his former colleague during an interview with Bloomberg. The former vice president of Product and member of Twitter’s founding team referenced events that… Source link

Jack Dorsey and Elon MuskMARCO BELLO/AFP/Picture Alliance/Getty Images Twitter cofounder and former CEO Jack Dorsey “whispered” in Elon Musk’s ear that the social-media platform ought to be a private company, and other billionaire contacts pushed Musk to pursue the takeover deal he ultimately made, the Wall Street Journal reported Friday. Dorsey, who stepped down as Twitter CEO in November, has publicly and heartily supported Musk’s purchase, saying that he is a “singular solution” to leading… Source link

Twitter cofounder and short-time board member Jack Dorsey called out his social media platform’s board on Saturday, saying “it’s consistently been the dysfunction of the company.” “If [sic] look into the history of [the] Twitter board, it’s intriguing as I was a witness on its early beginnings, mired in plots and coups, and particularly amongst Twitter’s founding members. I wish if [sic] it could be made into a Hollywood thriller one day,” one user tweeted. “It’s consistently been the… Source link

Ark Invest has been steadily trimming its stake in Twitter and appears to be ready to ditch holdings in the microblogging platform altogether — at least for now. The tech-focused investment management firm’s Chief Executive Officer Cathie Wood told Yahoo Finance in an interview Tuesday that Ark is moving out of social media platforms amid increased competition and chalked up its sales of Twitter (TWTR) stock in particular to the departure of former CEO Jack Dorsey. “Jack’s leadership was… Source link

Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, attends the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021.Marco Bello/AFP/Getty Images Jack Dorsey said “centralizing discovery and identity into corporations really damaged the internet.” The Twitter founder, who resigned as CEO in November, said he partially blamed himself. Dorsey has previously supported efforts to decentralize the internet. Twitter founder Jack… Source link

Twitter (TWTR) founder Jack Dorsey announced on Monday, Nov. 29, that he would be stepping down from his role as CEO after nearly 16 years at the company, with CTO Parag Agrawal filling his shoes. Dorsey will remain CEO of payments platform Square (SQ), a company which he also founded. “Parag is CEO starting today [Nov. 29],” he said in an email with Twitter staff, which he also tweeted. “I’m going to serve on the board through my term (May-ish) to help Parag and Bret [Taylor] with… Source link

Jack Dorsey logging out as Twitter CEO is a good thing for investors, contends veteran internet analyst Brent Thill at Jefferies. “I think everyone is excited for the change,” Thill said on Yahoo Finance Live. “The company has not achieved its full vision.” Thill rates Twitter’s stock a Hold. Dorsey said Monday he is stepping down as CEO. He will be replaced by CTO Parag Agrawal, who has been with Twitter for more than a decade. “I’ve decided to leave Twitter because I believe the company is… Source link