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Update: Twitter CTO to replace Jack as CEO


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WWW.CNBC.COM

Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC.

 

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Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber.

 

Twitter stock was up more than 5% on the news.

 

Dorsey currently serves as both the CEO of Twitter and Square, his digital payments company.

 

 

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11 minutes ago, CitizenVectron said:

On the one hand—great, he's clearly a piece of shit. On the other—I expect a bigger piece of shit to take over.

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WWW.THEGUARDIAN.COM

Billionaire Paul Singer’s Elliott Management has taken a ‘sizable stake’ and intends to ‘push for changes’, reports Bloomberg News

 

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  • Commissar SFLUFAN changed the title to Update: Twitter CTO to replace Jack as CEO
30 minutes ago, Commissar SFLUFAN said:
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WWW.CNBC.COM

Jack Dorsey has served as CEO of Twitter and Square, his digital payments company.

 

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Salesforce President and COO Bret Taylor will become the Chairman of the Board, replacing Patrick Pichette, a former Google executive, who will remain on the board as chair of the Audit committee.

 

Inbreeding is so bad, lol.

 

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Agrawal will have to meet Twitter’s aggressive internal goals. The company said earlier this year it aims to have 315 million monetizable daily active users by the end of 2023 and to at least double its annual revenue in that year.

 

And this right here is why these platforms become havens for a pittance of users trolling the ever living shit out of marginalized people, it’s baked into the business model. Shit is fucked.

 

 

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Eh. Jack hasn't been a particularly effective Founder CEO, especially since he's the CEO of another company that he seems more interested in. If he's had a clear vision for what Twitter should be, he's never been able to articulate that into the service. It's only relatively recently that they even seemed to care much about Twitter as a product. Maybe the new CEO coming from the tech side will make Twitter a better experience.

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6 minutes ago, TwinIon said:

Eh. Jack hasn't been a particularly effective Founder CEO, especially since he's the CEO of another company that he seems more interested in. If he's had a clear vision for what Twitter should be, he's never been able to articulate that into the service. It's only relatively recently that they even seemed to care much about Twitter as a product. Maybe the new CEO coming from the tech side will make Twitter a better experience.

 

Twitter and other social media platforms are not going to get better as long as they’ll accept blood sacrifices from any source on the altar of engagement. There are something like < 100 accounts that contribute to most of the anti-trans nonsense on the platform, but it’s easy for them to target, spam, and harass trans people. And the story is similar on other topics as well.

 

There’s just no way this is going to be cleaned up when the board’s stated goal is increased engagement.

 

 

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10 minutes ago, Ricofoley said:

A very funny and very plausible possibility is that he joins some new crypto start up and it goes belly up in like six months

 

It’s too early in the scam for him to get rinsed, he’ll start nftwitter.com, make a cool billion and fuck off to some island in the Florida keys where humans are hunted for sport.

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Something interesting I just learned is that Parag (the new CEO) was involved in Twitter's Blue Sky program, at least in that he announced it and found the project lead for it (18 months later). Not sure if he was in charge of it during that time, or if anything really happened during that period.

 

If you're unaware, Blue Sky is Twitter's project to build some sort of social web protocol. They've been pretty quiet about it all, to the point that it's unclear how real of a project it is or how much work has actually been done. I'm also generally dubious as to if Twitter is really the company to spearhead a decentralized approach to social media, especially since they famously started with an Open API and then slammed the door shut on devs who built on it.

 

Still, I'm almost always in favor of protocols over monolithic products. If Twitter could turn itself into Mastodon, where what we currently see as Twitter was just the central server, maybe they could make it work. I'd certainly welcome third party twitter clients coming back.

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On 11/30/2021 at 11:49 AM, CayceG said:

That's an incredibly bad policy that will have ramifications largely for the left wing political forces on Twitter and for free public information overall. 

 

They've already given themselves an out.

 

 

If Twitter decides something didn't add value to the public discourse because some random right wing ghouls are throwing a fit, then down it comes. It's not good enough to come from public figures or members of the media.

 

This will be the same as when Twitter announced it would ban people for death threats because threats of violence is already against their ToS, but then only enforced for Trump.

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6 minutes ago, Ghost_MH said:

 

They've already given themselves an out.

 

 

If Twitter decides something didn't add value to the public discourse because some random right wing ghouls are throwing a fit, then down it comes. It's not good enough to come from public figures or members of the media.

 

This will be the same as when Twitter announced it would ban people for death threats because threats of violence is already against their ToS, but then only enforced for Trump.

 

And not even death threats, just hoping he'd die of COVID (or was that just reddit)?

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