The Morning After: Jack Dorsey is stepping down as Twitter CEO, again
Big tech news normally slows as the year winds down, but Jack Dorsey isn’t letting that happen. The Twitter CEO has resigned from the company, with CTO Parag Agrawal replacing him as chief executive.
“I’ve decided to leave Twitter because I believe the company is ready to move on from its founders,” Dorsey said in a statement.
Over the last six years, Dorsey has run two major tech companies: Twitter and Square. His first stint as CEO of Twitter, which he co-founded, ended in 2008 when he was pushed out. He returned as CEO in 2015 when Dick Costolo departed.
With Agrava at the helm, will Twitter go in a different direction? Will it chase more money-making ventures? (Advertising remains its best way of making money, but there are newsletter projects and premium membership options happening in the background — and there’s also that newly created crypto division.
But for many Twitter users, the hope is the company will get a better handle on the trolls, disinformation spreaders and bullies. That might be harder to achieve than interest in a Twitter Blue subscription.
— Mat Smith
It’s an all-time low price.
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