Twitter CEO Jack Dorsey Steps Down (cnbc.com) 49
Twitter CEO Jack Dorsey is expected to step down from his executive role, CNBC reported Monday citing sources.
Update: Twitter CTO Parag Agrawal will replace Jack Dorsey as CEO, the company announced. From a report: Dorsey, 45, was serving as both the CEO of Twitter and Square, his digital payments company. Dorsey will remain a member of the board until his term expires at the 2022 meeting of stockholders, the company said. Salesforce President and COO Bret Taylor will become the chairman of the board, succeeding Patrick Pichette, a former Google executive, who will remain on the board as chair of the audit committee.
"I've decided to leave Twitter because I believe the company is ready to move on from its founders," Dorsey said in a statement, though he didn't provide any additional detail on why he decided to resign. 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.
Update: Twitter CTO Parag Agrawal will replace Jack Dorsey as CEO, the company announced. From a report: Dorsey, 45, was serving as both the CEO of Twitter and Square, his digital payments company. Dorsey will remain a member of the board until his term expires at the 2022 meeting of stockholders, the company said. Salesforce President and COO Bret Taylor will become the chairman of the board, succeeding Patrick Pichette, a former Google executive, who will remain on the board as chair of the audit committee.
"I've decided to leave Twitter because I believe the company is ready to move on from its founders," Dorsey said in a statement, though he didn't provide any additional detail on why he decided to resign. 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.
Too long, did not read. (Score:4, Funny)
Decades of twitter use has left me with a non-existent attention span and severe insecurity about my tiny hands.
I am a failure, and I am a traitor.. but Twitter made me retarded.
Re:Too long, did not read. (Score:5, Insightful)
It would make the world a little better place.
Re:Too long, did not read. (Score:4)
take facebook out while he's at it.
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Facebook has actual real people talking about real things in closed groups. In that regard, it has some merit.
Twitter is about vain people talking nonsense in the open. The only advantage of having twitter is to gain deep understanding just how incredibly vain and stupid ALL of the elites are. We already knew that everyone has some area in which they are both opinionated and stupid. We didn't know that all of the elites are opinionated and stupid, and often so about actually important things in life.
And now
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Get into any non-major language group and there are almost no bots even in OPEN groups. Language barrier alone kills this problem.
If you must communicate in a major language like English or Spanish, next step is to get into properly curated CLOSED groups as I note above. Bots get banned very quickly even if one gains access. Result is again the same, actual proper communication between people.
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I'm not an anti-vaxxer, however, calling anti-vax nonsense in and of itself is nonsense. There is nothing nonsensical about choosing to be anti-vax. There may be various reasons for why you think they are, but no evidence that they are. Conversely you can say the same thing about being pro-vax/pro-mask as some of those things can be nonsense as well.
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One step at a time....
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remember how cool myspace was and how cool it was to design your own page with some CSS?
remember the twitter campaign to smear myspace and get people to join facebook?
was that twitter's fault or are people just idiots?
Just as the Ghislaine Maxwell trials begins? (Score:1, Funny)
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A brief closure. (Score:4, Funny)
Did he give his resignation in 280 characters?
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"Good luck to my successor. #poisonedchalice"
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He seemed to be a figurehead (Score:2)
with no control of and/or no interest in making engineering or marketing or policy decisions.
I have no idea who was doing the former and Vijaya Gadde seemed to be fully in charge of the latter for the last 10 years.
It seems unlikely this is of any consequence.
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It's a messaging service. Just what kind of "engineering" do you think he's missing?
Re:He seemed to be a figurehead (Score:4, Insightful)
Re:He seemed to be a figurehead (Score:4, Insightful)
Fifty years ago the mentality at Twitter would have seen companies dumping toxic chemicals into water systems, because a quick buck now and fuck the future.
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Just what kind of "engineering" do you think he's missing?
Well, nobody in management enforced standards for "twitter.h", especially regarding the use of "#define CHARACTER_LIMIT 140". So when they upped the limit to 280, the result was a debacle of buffer overflows.
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I loved how Tim Pool shredded Dorsey and Gadde over their bullshit. [youtube.com] You are correct it does seem that Gadde was running things from a policy/enforcement perspective.
Re: He seemed to be a figurehead (Score:1)
Tim Pool didn't shred nobody. He did what good old time journalists used to do: he posed a question and let the answer speak for itself.
Aaron Brown pulled the same trick with the Palestinian Authority in CNN back in 04 when they git caught running guns into Gaza: he gave their man all the air time he needed to indict himself and thanked him for his answer.
Re:He seemed to be a figurehead (Score:4, Interesting)
with no control of and/or no interest in making engineering or marketing or policy decisions.
I have no idea who was doing the former and Vijaya Gadde seemed to be fully in charge of the latter for the last 10 years.
It seems unlikely this is of any consequence.
I also got the impression that he was increasingly at odds with his workforce which seems to have turned in a rather extreme political direction. Dorsey used to brag that Twitter was the "free speech wing of the free speech movement", but he stopped making that claim about the same time Twitter started adding a legion of words, phrases, and terms into the HurtyWords Ban Bucket. Twitter today is a very different place than it was 10 years ago. And I don't think for the better. In their never-ending quest to rid the platform of "toxic" posters, the site became, well... toxic.
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You can be a free speech god all you want, until you have shareholders and advertisers. Both groups are very risk averse. Shareholders don't want anything that threatens their investment, and for reasons some don't seem to understand, advertisers don't want their company logos situated next to crazy extremist rants.
There's a reality about free speech that even the Framers of the US Constitution understood. The state should have no role in determining appropriate or inappropriate speech, but rather that it i
Just announced on CNBC (Score:2)
CTO Parag Agarwal will replace him.
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Voluntarily?
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I don't know for sure, but I suspect so, since it wasn't announced as an interim position.
Re:Just announced on CNBC (Score:4, Informative)
They grew up in a country where intelligence and schooling is praised. In the USA we praise ignorance.
Was Jack even in charge? (Score:2)
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The well-paid sort.
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Divided loyalties (Score:2)
Jack had divided loyalties and kept trying to force bitcoin on Twitter, which is clearly not in Twitter's interest. They don't want to be seen as a figurehead dragging down their users in the next crash, there is no real upside to that for them ... they are not in the business of pushing high risk investment scams.
He was losing all credibility because of this and became useless even as a figurehead.
Next move (Score:4, Funny)
Needs time... (Score:2)
Needs more time to take LSD.
TWTR was up 11% on rumored @jack resignation (Score:2)
But back down more than 1% from Friday's close [yahoo.com] after announcement of replacement by @paraga.
Great now get lost (Score:3)
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Then blame the "Hilary Movement" for that as well. For things like discouraging black people from campaigning because the "Hilary" shirt design "did not suit them"...? And they hit Twitter mucho hard too.
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And yes, mod my original reply up if you please?
First Amendment (Score:2)
"Our role is not to be bound by the First Amendment... focus[ing] less on thinking about free speech, but thinking about how the times have changed" --Parag Agrawal
https://twitter.com/TheRalphRetort/status/1465352542465019908