Jack Dorsey

CEO, Twitter

Birth DetailsNovember 19, 1976 | St. Louis, Missouri, United States

NationalityAmerican

LeagueEntrepreneur

EducationMissouri University of Science & Technology; New York University (dropout from both)

Net Worth$6.8 billion (as of July 13, 2020)

Jack Dorsey's Assets:

Stake in Twitter
Stake in Square

Jack Dorsey's Journey so far ...

Growing up, Jack Dorsey was deeply interested in maps and how cities function which led him to develop a taxi-dispatching software as a teenager
At the age of 17, he was hired by a major dispatching company in Manhattan after he hacked their website to point out some gaping holes in their security system and offered to work as a dispatch software developer
He later partnered with the company’s CEO and moved to San Francisco to build an Internet-based company that dealt with the dispatching of couriers, ambulances as well as taxis
In 2000, Dorsey developed a program which combined the capabilities of a dispatch software and text messages to reach out to other people. The software later laid the foundation for the development of Twitter
In the meanwhile, his foremost internet venture was struggling and he had left it to work for a podcasting company called Odeo
Finally, in 2006, he, along with Odeo co-founder Evan Williams and Christopher Stone, built a social networking platform which eventually came to be known as Twitter
Dorsey was named CEO of the company and he sent out the first-ever message (which we now know as tweets) on the platform on March 21, 2006
An untoward event followed a couple of years later when Dorsey had to step down as CEO, but continued to serve as the chairman of the company
He soon bounced back and co-founded Square -- a platform which allows users to receive credit card payments using a small device -- in 2009
Both his ventures were rapidly gaining success and in July 2012, Dorsey became a billionaire
Twitter went public in November 2013 raising $1.8 billion
The same year, Dorsey joined Walt Disney as one of its board members
He was reinstated as the CEO of Twitter in 2015
Square too went public in 2015 with the value of its shares rising 45% on the first day of trading
Currently, he owns around 2% of Twitter and 13% of Square, and is one of the most influential tech leaders in the world

Before you go ...

He is a certified masseur
Reports suggest that Dorsey was a punk rock fan in his younger days
Dorsey gave away $100 million worth his Twitter shares to employees in May 2016

Last Updated: 12/02/2021

Jack Dorsey News

Was Satoshi Nakamoto not the real creator of Bitcoin? New theories suggest it was former Twitter CEO Jack DorseyA new theory suggests that Twitter and Square co-founder Jack Dorsey might be Satoshi Nakamoto, the anonymous creator of Bitcoin. Sean Murray, editor-in-chief of deBanked, presents a series of coincidences linking Dorsey’s past interests in cryptography, Bitcoin’s timeline, and key events in both his life and Satoshi’s disappearance. While some experts challenge these claims, Dorsey’s cryptic remarks and unexplained connections keep the mystery alive.
Mark Zuckerberg, Steve Jobs, Jack Dorsey: How Neem Karoli Baba’s teachings shaped their path to successNeem Karoli Baba, the revered Indian mystic, has left an enduring mark on several influential figures, including Steve Jobs, Mark Zuckerberg, and Jack Dorsey. His teachings on love, selfless service, and mindfulness have guided these leaders through critical moments in their careers. Today, his philosophy continues to inspire individuals across industries, helping them navigate the pressures of modern life while maintaining focus, creativity, and compassion.
Social media users are migrating from Elon Musk's X to Jack Dorsey's Bluesky; Here's how it's differentBluesky, a decentralized social media platform founded by former Twitter CEO Jack Dorsey, is experiencing rapid growth as users seek alternatives to Elon Musk's X. With over a million daily sign-ups, the platform offers privacy-focused features and a user-driven experience. Concerns over X's content moderation policies, particularly after Musk’s alignment with the U.S. government, have driven the shift.
What is Bluesky, the fast-growing social platform welcoming fleeing X users?While it remains small compared to established online spaces such as X, it has emerged as an alternative for those looking for a different mood, lighter and friendlier and less influenced by Musk.
What is Bluesky; Why is Twitter founder's rival app for Elon Musk's X crashing?Elon Musk's X is facing an exodus of users, including celebrities and news organizations, who are flocking to Twitter founder Jack Dorsey's Bluesky. The platform, which gained over a million new users in the week following the US election, is seen as a refuge from the misinformation and hate speech prevalent on X.
What is Bluesky? The rival of Elon Musk's X created by its former boss Jack DorseyBluesky, a new social networking app originating from a project initiated by former Twitter CEO Jack Dorsey, opened to the public in February 2024. It gained rapid popularity, amassing nearly 800,000 users in one day and reaching over 7.6 million users by September 2024.
There’s no one way of giving back — it can well extend beyond the confines of cheques and charityMelinda French Gates questions the philanthropic efforts of Elon Musk, Peter Thiel, and others, suggesting they don't give enough. However, the article argues that their entrepreneurial ventures provide long-term, scalable solutions that redefine traditional philanthropy.
AI hiring platform Mercor backed by Jack Dorsey, Peter Thiel in $30 million fundraiseMercor has raised $30 million in a funding round, valuing the AI hiring platform at $250 million. The round saw participation from notable investors including Jack Dorsey and Peter Thiel. Mercor uses AI to help recruiters hire candidates from top tech companies and has added over 300,000 people to its candidate pool.
Who are the shareholders behind X? Here are some key people tied to the social media giantSean Diddy Combs, Jack Dorsey, and Bill Ackman are connected to X as per the first list of shareholders of X.
The Man Behind Bit-ConCraig Steven Wright of nChain claimed to be Bitcoin's creator, Satoshi Nakamoto, facing legal disputes with the crypto industry over his assertion.
Twitter cofounder Jack Dorsey leaves Bluesky boardBluesky is a decentralised social media platform, cofounded by Jack Dorsey. It is pitched as an alternative to X, formerly Twitter. It crossed two million users in November last year.
Payments fintech Block climbs nearly 20% after strong earnings forecastThe stock was trading at $81.39, adding more than $8 billion to the company's market value. Block has been looking to lower costs and drive "profitable growth" in the business by trimming headcount and reducing its real estate footprint. The company said on Thursday it plans to cut 112 jobs in March.
Bluesky, a social network championed by Jack Dorsey, opens for anyone to sign upUntil Tuesday, anyone hoping to join Bluesky needed an invitation, which typically meant hunting down an existing member and begging for an invite. That invite-only period gave the site time to build out moderation tools and other features, Bluesky said.
Self-proclaimed bitcoin inventor's claim 'a brazen lie', London court toldAn Australian computer scientist's claim to be the inventor of bitcoin is "a brazen lie", lawyers representing a Jack Dorsey-backed group told a London court on Monday as a legal battle over ownership of the cryptocurrency began.
Jack Dorsey's fintech firm Block lays off nearly 1,000 employeesJack Dorsey's financial services company Block is laying off close to 1,000 employees, which will affect staff in the Cash App, Afterpay and Square subsidiaries of the company. In an earnings call last year, Block had said it would reduce its headcount from 13,000 in Q3 2023 to an "absolute cap" of 12,000 by the end of this year. Revenues from Cash App, the peer-to-peer payments service, have declined significantly.
Five CEOs that were fired from their own companyIn a recent development, Sam Altman, who had been at the helm of OpenAI since 2019, faced a surprising departure from the company. The board cited a "loss of confidence" in his leadership abilities. This move parallels a trend in the tech industry, with notable founders facing similar fates.
OpenAI's new-look board as Sam Altman returnsChatGPT-maker OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, and also agreed in principle to partly reconstitute the board of directors that had dismissed him.
US regulator probes Twitter security lapse before Elon Musk took over: reportThe US securities regulator has been scrutinising whether the former top executives failed to adequately disclose those privacy issues to shareholders or put in place proper controls, according to the report.
Jack Dorsey's Bluesky usage surges after Elon Musk says will charge all X usersJack Dorsey-backed social media network Bluesky saw a surge in new users sign-up after Elon Musk announced he will soon charge all X users a small monthly fee.
Elon Musk announces X (Twitter) will no longer support blocking functionality, users can instead use ‘mute’ featureElon Musk, the mind behind X (formerly known as Twitter), has announced that the platform will no longer offer the option to block other users. He argues that the blocking feature "makes no sense," and suggests users opt for the "mute" feature instead. The move has generated mixed reactions within the online community, with critics pointing out that muting accounts merely eliminates their posts from a user's timeline without severing the connection.
Twitter co-founder Jack Dorsey quits Instagram amid Musk-Zuckerberg feud, asks 'who will they give the @jack handle to?'Jack Dorsey, the co-founder of Twitter and the current CEO of Block, has deleted his Instagram account and announced his departure from the platform. He revealed his involvement with the platform, stating that it was one of the first 10 accounts and that he was one of the first angel investors. This move has set the coveted @jack handle up for potential reassignment, a commodity that can command significant value in the secondary market.
Adani group among 5 companies targeted by Hindenburg this year. Check other namesThe US-based short-seller publishes reports on companies that it believes are overvalued, fraudulent or misleading investors
Jack Dorsey-led Block raises 2023 earnings outlook after Q2 beats estimatesThe fintech, which offers merchant payment services and an app that lets people trade cryptocurrency, said gross profit in the quarter rose 27% to come in at $1.87 billion.
Why Dunkin' and Lego rebrands succeeded - but X missed the markTwitter has swapped the fluffy bird that used to symbolise the social media platform for a spindly black X. Ditching the company's well-known logo and changing its name to a letter often associated with danger, death and the unknown is only the latest user-aggravating step CEO Elon Musk has taken since he bought Twitter in October 2022 for USD 44 billion. But it's the most visually jarring one.
Did not shut down Twitter services: MoS Rajeev ChandrasekharThe Indian government did not shut down American microblogging site Twitter or raid homes of its executives over hosting content of farmers' agitation during 2021, said Minister of State for Electronics and Information Technology Rajeev Chandrasekhar in a written response to a question posed by a Rajya Sabha member.
Meta’s Threads can’t bet on mass migration from TwitterExpert says value of a new platform depends on who else is there
Twitter team doing best it can under constraints: Jack Dorsey after Elon Musk sets limits on usageDorsey said while it is easy to critique from afar, the ultimate goal is for Twitter to thrive.
Twitter bans over 11 lakh Indian users for policy violationsElon Musk-run Twitter banned a record 11,32,228 accounts in India between April 26 and May 25, mostly for promoting child sexual exploitation and non-consensual nudity.
Law of land must be followed: Ashwini Vaishnaw on Twitter verdictHailing the Karnataka High Court order dismissing Twitter's plea against the government, Union Minister for Communications and IT Ashwini Vaishnaw said that the law of the land must be followed. The Karnataka High Court dismissed a petition, filed by Twitter last year, which challenged several blocking and take-down orders issued by the Ministry of Electronics and Information Technology.
All platforms must comply with Indian law: MoS IT Rajeev Chandrasekhar after court junks Twitter pleaThe decision comes weeks after Dorsey accused India of threatening to shut down the social media platform in the country unless it complied with orders to restrict accounts critical of the handling of farmer protests in 2021.
Elon Musk sets sights on India; says Tesla to accelerate investment journey as soon as 'humanly' possibleTesla is looking to invest in India "as soon as humanly possible," according to CEO Elon Musk. Musk made the comment after a meeting with Indian Prime Minister Narendra Modi, during which he highlighted the "strong potential" India has in the areas of renewable energy, electric vehicles and satellite internet services. Tesla shelved its India entry plans last year due to high import tax structures, but executives recently visited the country and held talks with officials on establishing a manufacturing base for cars and batteries.
I'm a fan of Modi, says Elon Musk after meeting Indian PM in New YorkTesla CEO Elon Musk met with Indian Prime Minister Narendra Modi and expressed his excitement for India's future. He also commented on Twitter's need to follow local laws and regulations in each country, including in India, where Jack Dorsey alleged that the Indian government was trying to shut down the social media site. Musk plans to visit India next year and said he is confident Tesla will enter the Indian market soon. Besides meeting Elon Musk, PM Modi is visiting the US to meet with thought leaders from various fields and to attend various events, including a State Dinner hosted by President Biden.
Govt's relationship with any social media platform is simply through prism of compliance of laws: MoS ITThe platforms have to respect the Indian laws, the Minister of State for IT and Electronics asserted.
New draft policy aims to level ecommerce playing field; Byju's lenders open to negotiations, will act collectivelyThe government will soon release a draft policy for the ecommerce sector, disallowing marketplaces from selling brands in which they hold equity, or any private labels, to ensure a level playing field for smaller entities in the space. This and more in today’s ETtech Morning Dispatch.
Jack Dorsey’s allegations outright lies: MoS IT Rajeev ChandrasekharTop Indian lawmakers who strongly refuted claims by Twitter’s former chief executive Jack Dorsey that the government had pressured the microblogging platform to remove certain user accounts during the farmers agitation, termed the allegations “an outright lie.”
Govt furious over Jack Dorsey comments; Chinese handset firms told to induct Indian partnersTwitter founder Jack Dorsey's assertion that the Indian government had exerted pressure on the platform to remove the accounts of farmers, journalists and other critics from the platform during protests by farmers a couple of years ago has embarrassed the Centre and made it issue a furious denial.
"Outright lie": Union Minister Rajeev Chandrasekhar on ex-Twitter CEO Jack Dorsey's claimChandrasekhar said that the social media platform under Dorsey's leadership repeatedly violated India law and was only compliant since June 2022. He added that Twitter behaved as if Indian law did not apply to it and that India has the right to ensure that all companies operating within its borders are following its laws.
Why do we need unelected 'so-called experts' to run crucial ministries: Chidambaram's dig at Vaishnaw"Why do we need unelected so-called experts to run crucial ministries," Congress leader P Chidambaram asked on Tuesday in an apparent swipe at Union minister Ashwini Vaishnaw over the Odisha rail tragedy and the alleged CoWIN data breach. The senior Congress leader also said he was "appalled" by revelations about how Vaishnaw, who is the minister for Railways, Communications and Electronics and Information Technology, runs his ministries.
Five times Jack Dorsey stood against the Indian GovernmentFormer Twitter CEO Jack Dorsey has been involved in several contentious situations related to India. His statements have often generated controversy and scrutiny regarding the relationship between social media platforms, freedom of expression, and government censorship. Here, we will explore some instances where Dorsey expressed views that were critical of the Indian government.
Twitter violated laws between 2020-22: Amit MalviyaThe head of the BJP's IT department, Amit Malviya, has accused former Twitter CEO Jack Dorsey of violating Indian laws during his time at the company. Dorsey had made allegations that the Indian government had threatened raids on employees and shutdown if Twitter did not take down posts critical of the government during farmers' protests in 2020 and 2021.
Even children knew accounts will be blocked if farmers' stir highlighted: Rakesh Tikait on Dorsey's claimsBKU leader Rakesh Tikait has alleged that Twitter accounts that highlighted the farmers' protest were blocked due to government pressure. This statement comes after ex-Twitter CEO Jack Dorsey claimed that the platform was threatened with shutdown unless it complied with orders to restrict accounts during the farmers' protest. Tikait alleged that the Modi government does not tolerate opposition and that many accounts highlighting the agitation remain "closed."
Congress demands answers on ex-Twitter CEO's claim of pressure from Centre during farmers' stirDorsey, who quit as Twitter CEO in 2021, made the sensational allegation in an interview with the YouTube news show Breaking Points on Monday. He claimed that the Indian government "pressured" the company with threats of a shutdown and raids on employees if it did not comply with requests to take down posts and restrict accounts that were critical of the government over the protest by farmers against new laws in 2020 and 2021.
Jack Dorsey's comment on Indian government pressuring Twitter an outright lie: MoS IT Rajeev ChandrasekharIn a YouTube interview with Breaking Point, Dorsey said the during the 2021 farmers protests, the Indian government had asked Twitter to take down accounts of farmers and journalists who were critical of the government.
Centre rebuts Jack Dorsey's claims of Twitter facing pressure during Indian farmers' protest; terms it "outright lie"Former CEO of Twitter, Jack Dorsey has alleged that during the farmers' protest in India, the social media platform faced government pressure and threats of a shutdown. However, Union Minister Rajeev Chandrasekhar rejected these allegations, calling them outright lies and stating that Twitter under Dorsey repeatedly violated Indian laws and only started complying with them in June 2022.
Indian government rebuts former Twitter CEO’s claim putting pressure during farmers' protestFormer Twitter CEO Jack Dorsey has alleged that the Indian government threatened the social media platform with a shutdown during the 2020-21 farmers' protest. The former CEO claimed that the government also threatened to raid employees' homes if its demands were not met. Indian Union Minister Rajeev Chandrasekhar refuted Dorsey's allegations, calling them an "outright lie" and stating that Twitter had repeatedly violated India's laws during Dorsey's tenure. The conflict between Twitter and the Indian government began in 2020 during the farmers' protest, during which Twitter red-flagged a post by the BJP's IT cell head Amit Malviya.
India, Turkey, Nigeria threatened to shut down Twitter: cofounder Jack DorseyIn an interview to the YouTube news show Breaking Points, Dorsey said India had many requests around the farmers protest and particular journalists that were critical of the government.
Search still on for alternatives to Elon Musk-owned TwitterSince Elon Musk took over Twitter in October, users irked by the platform's new regime have vowed to move their online presence elsewhere, though this has proved harder than some had banked on.
With Bluesky, Jack Dorsey has another go at Twitter-like serviceBluesky, which bears similarities to the blue bird platform, is the latest in a long list of apps that are looking to steal Twitter's thunder after Elon Musk's chaotic takeover of the company.
Elon Musk isn't doing right for Twitter: Jack DorseyBluesky, backed by Dorsey, offers a host of new features and was initially launched to the iOS users in February in a closed beta.
Twitter cofounder Jack Dorsey rues Elon Musk deal: ‘It all went south’Asked if Musk has proven himself to be the best possible steward for the platform, Dorsey said, “No. Nor do I think he acted right after realizing his timing was bad. Nor do I think the board should have forced the sale.”
What is Bluesky and why are people clamouring to join it?Some Twitter users have been looking for an alternative social platform since Elon Musk bought the company last year and then changed the service. Bluesky's users say the app - which was funded by a Twitter founder, Jack Dorsey - has come the closest to mimicking Twitter's tone and feel.
As blue ticks vanish, Jack Dorsey’s Twitter alternative Bluesky launches on AndroidThe app is not open to all and users need an invitation to start using the platform. Bluesky was initially launched to iOS users, in February, in a closed beta (translation: it is being tested with a small set of users).
Jack Dorsey loses Blue tick, brings his Twitter alternative Bluesky to AndroidTwitter co-founder Jack Dorsey, who has also lost Blue check-mark courtesy new CEO Elon Musk, has brought his new micro-blogging platform and Twitter rival called Bluesky to Android users.
What we know about the killing of the Cash App founder Bob LeeBob Lee, the well-known tech executive and investor who created Cash App, was fatally stabbed on a dark, secluded San Francisco street on April 4.
Elon Musk replaces Twitter’s classic 'bird' with 'Dogecoin'. Here’s what happenedElon Musk has been a topic of discussion since he publicly expressed interest in buying Twitter, and now he's officially in-charge. Today, the Twitter bird logo has been replaced, and not only the bird seems to have been freed, but it has also flown away. Elon Musk confirmed the update on his Twitter profile by sharing a conversation and responding with "as promised."
Block says Cash App has 44 million verified monthly users after Hindenburg reportBlock Inc said on Thursday 44 million of its more 51 million monthly active customers on Cash App were verified through its identity program as of Dec. 31.
Top-level executive shake-up at Nykaa; Twitter to remove legacy blue ticks from April 1Five executives at omnichannel beauty and fashion retailer Nykaa have resigned, a spokesperson said on Friday.
Jack Dorsey's net worth takes a $526-million hit after Hindenburg report on Block fraudThe Hindenburg report on Thursday accused Dorsey’s fintech firm of committing financial fraud of $1 billion as it overstated the number of users while understating customer acquisition costs.
Hindenburg bombshell! How these 11 companies performed after short-seller's attackUS short-seller Hindenburg Research released a new report on Thursday, targeting Block Inc, led by Twitter co-founder Jack Dorsey. The firm recently gained prominence after its recent report on Adani Group.
Jack Dorsey’s wealth tumbles $526 million after Hindenburg shortHindenburg released a report Thursday claiming Block had inflated user metrics, and that the stock has downside of 65% to 75% “on a purely fundamental basis.” The company denied the allegations and said it plans to explore legal action against the short-seller.
Hindenburg takes aim at Dorsey's payments firm Block, shares plungeThe US short seller, behind a market rout of over $100 billion in India's Adani Group, said in its report that former Block employees estimated that 40% to 75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.
Hindenburg shorts Jack Dorsey's payments firm BlockHindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led payments firm overstated its user counts and understated its customer acquisition costs. "Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping," the short seller said in a note published on its website.
Bluesky, Jack Dorsey’s Twitter alternative now available on the App Store on an invite-only basisThe app is built around four principles: account portability, algorithmic performance, performance, and interoperability.
Elon Musk launches poll on whether he should quit as Twitter CEOThe poll comes after Twitter's Sunday policy update, which prohibited accounts created solely for the purpose of promoting other social media firms and content that contains links or usernames for rival platforms.
Twitter Files: Founder Jack Dorsey takes blame for Twitter's 'too much power'Twitter founder and former chief executive officer Jack Dorsey's admission comes soon after the release of Twitter Files - a series of leaked information detailing how Twitter muzzled free speech on its platform by restricting account activity and shadow banning of profiles.
Twitter Files Part 2: Elon Musk comes to rescue of Jack DorseyThe 'Twitter Files' Part 2 revealed that the micro-blogging platform had a secret group that included Vijaya Gadde, Parag Agrawal, Yoel Roth, Jack Dorsey and others that made many controversial decisions. Later, Musk rushed to Dorsey's aid and dismissed all allegations.
‘Let people judge for themselves,’ Jack Dorsey tells Elon Musk on ‘Twitter Files’Twitter founder Dorsey urged Musk to reveal all of the information at one go “If the goal is transparency to build trust”.
Twitter’s best chance to become decentralised is with Elon Musk. But will he act on it?Jack's thinking was clearly different and, perhaps, altruistic, like the early internet innovators. It contrasted sharply with the centrally controlled and often walled-garden platforms and ecosystems owned by Bay Area tech companies. We are nearing the end of 2022. However, not much has come out of Bluesky. Before we analyse the reason for the lack of progress, let us understand the difference between a platform, an ecosystem and a protocol.
Elon Musk says he will find a new leader for TwitterElon Musk's tweet came after former CEO Jack Dorsey said that he will not accept the role of Twitter CEO. In a reply to a Twitter user when asked if he would take the position of CEO, he said "nope."
Jack Dorsey, Elon Musk spar over Twitter’s Community Notes programmeThe Community Notes feature, earlier called Birdwatch, aims to identify misleading information in tweets and counter it by providing notes with informative context
Jack Dorsey sorry for mass layoffs at Twitter, says grew company too quicklyFacing trolls on social media, former Twitter CEO Jack Dorsey on Saturday apologised to sacked Twitter employees, saying that he grew the micro-blogging platform too quickly.
Ex-Twitter owner Jack Dorsey apologises to staff post Musk's business revivalA day after the social media business cut close to 50% of its workforce as part of new owner Elon Musk's ambitious makeover plan, Twitter founder Jack Dorsey apologised to the company's staff today. He expressed sorrow over having too fast expanded the microblogging platform.
As Twitter scramble continues, hate for Jack Dorsey grows at Twitter, claims reportTwitter executives blamed co-founder and former Chief Executive Officer (CEO) Jack Dorsey for the takeover, as company growth stayed flat for a decade.
Jack Dorsey plans an alternative social media platform as Elon Musk takes over Twitter: ReportLast week, Twitter co-founder Jack Dorsey said that his app Bluesky aims to compete with any business seeking to control the underlying technologies of social media or the personal information of its users.
Binance to help Musk solve bot issues at TwitterThe newly-formed team will explore how to build on-chain solutions to address Twitter's issues including proliferation of bot accounts, a problem Musk has repeatedly complained about and almost reneged his offer on.Musk's Twitter takeover saga came to an end on Thursday when the deal officially closed after months of twists and turns in and outside the courtroom, and Musk immediately fired top chief executives at the social media platform.
Parag Agrawal loses CEO post, but still a winner in Twitter's sale to Elon Musk. See howElon Musk finalised the deal with Twitter and acquired the microblogging platform after months of will-he-won't-he rumours. His first order was to clean the house.
Elon Musk fires Twitter CEO Parag Agrawal and sets the Twitterati on fireElon Musk fires Twitter CEO Parag Agrawal and sets the Twitterati on fire
All in a day's work: Musk fires top execs, updates bio; #ChiefTwit #ParagAgarwal trend with GIFs, memesMusk has fired all top executives after acquiring the multi-billion dollar company.
A series of chats that possibly sealed the fate of Twitter's ex-CEO Parag AgrawalThings started going sideways between the two after Musk tweeted "Most of these “top” accounts tweet rarely and post very little content. Is Twitter dying?" on April 9, along with a list of the top 10 most-followed Twitter accounts.
Elon Musk posts video of himself strolling into Twitter headquartersDespite Musk's splashy entry to headquarters, it wasn't clear whether his purchase of Twitter had been finalized. Twitter confirmed that Musk's video tweet was real but wouldn't comment further. Alex Spiro, Musk's lead lawyer, didn't immediately return a request for comment.
A timeline of billionaire Elon Musk's bid to control TwitterElon Musk is offering to go through with his original proposal to buy Twitter for $44 billion. The offer comes just two weeks before Twitter's lawsuit seeking to force Musk to go through with the deal goes to trial in Delaware Chancery Court. Twitter said it intends to close the transaction after receiving Musk's offer. Here's a look at some of what's transpired between the billionaire Tesla CEO and the social media platform
‘Buy Twitter & delete it.’ Elon Musk’s ex-wife Talulah Riley, concerned about ‘wokeism’, urged billionaire to enforce free speechDocuments filed in the ongoing legal battle revealed the texts between Musk and Riley.
'Parag is trying to please people.' Texts between Elon Musk, Twitter CEO & Jack Dorsey show how $44 bn deal went southThe disclosed text messages show that while Dorsey was elated to see Musk’s interest in joining Twitter, the SpaceX boss couldn’t form the same bond with Twitter’s CEO.
Musk-Twitter battle: Jack Dorsey set to be questioned in courtTwitter and Musk are preparing for their October 17 trial date at the Delaware Court of Chancery to argue over his attempt to terminate the $44 billion acquisition agreement. Dorsey stepped down as Twitter CEO for the second time last November and handed control of the company he helped create to Agrawal. He is currently running the financial services firm Block.
Twitter to add ‘edit tweet’ button, rebutting Jack Dorsey’s 2020 decision. Read details hereThe Twitter edit button is finally here as it will enable users to edit their tweets after posting but there is a catch. It is a long-sought-out feature by users whereas Twitter’s former CEO Jack Dorsey once stated that they would ‘never’ consider adding the feature.
Jack Dorsey's Block ends Afterpay smartphone tie-up with Australia's WestpacJack Dorsey's Block acquired Afterpay in a $29 billion deal earlier this year.
Jack Dorsey says his biggest regret is Twitter became a companyJack Dorsey said that it should be "a protocol" and that Twitter should not be owned by a state or another company.
Jack Dorsey says he believes Twitter should not be owned by a state, companyHe was responding to a question on Twitter about what type of structure he believed Twitter should operate under.
TCS to pay full variable, Twitter misled regulators about bots, and Apple’s Make in India planTCS's decision comes a week after its rival Wipro said that its C-suite level managers will not receive any variable payouts.
Elon Musk seeks documents from Jack Dorsey in fight over Twitter dealDorsey, who resigned as Twitter's chief executive in November and left the board in May, was asked for documents and communications about Musk's April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.
Hedge fund Elliott exited Twitter during Q2 amid takeover frenzy, filing showsThe filing on Monday, showed that Elliott no longer owned any common stock in Twitter on June 30. It had owned 10 million shares at the end of the first quarter.
Jack Dorsey's Block slows hiring, investment as bitcoin plunge slams earningsShares of Block, formerly called Square, fell nearly 6% in extended trading on Thursday.
Making a hash tag of the Twitter deal?There is also uncertainty over whether shareholders will approve the buyout, although Musk has been in conversation with Twitter's shareholders, including former CEO Jack Dorsey, to hold on to their stock. Tesla, whose shares Musk has pledged to raise loans for the buyout, is also trading nearly 25% lower.
Cryptoverse: The bonfire of the NFTsMonthly sales volume on the largest NFT marketplace, OpenSea, plunged to $700 million in June, down from $2.6 billion in May and a far cry from January's peak of nearly $5 billion.
Jack Dorsey and Jay-Z launch free Bitcoin Academy to lift NYC public housing residentsDorsey and Shawn Corey Carter, better known as “Jay-Z,” said they wanted to educate residents about Bitcoin after seeing how the cryptocurrency became a “critical tool for many in Africa and Central and South America,” Dorsey said on Twitter.
Jack Dorsey, Jay-Z partner on Bitcoin educational programme in USThe programme, designed in collaboration with Crypto Blockchain Plug and Black Bitcoin Billionaire, aims to provide education, and empower the community with knowledge.
Twitter gears up for its most ambitious quarter of user growthTwitter is targeting growth of 13 million monetizable daily active users (mDAU).
Jack Dorsey's Square service to begin beta testing for Apple's Tap to PayAhead of publicly launching the service later this year, Square also announced an Early Access Program for Tap to Pay on iPhone, allowing select sellers to begin testing the new technology.
Unacademy CEO warns of long funding winter; Infy CEO’s pay rose 43% in FY22Gaurav Munjal, cofounder of SoftBank-backed Unacademy, has told its employees the funding winter will last at least 12-18 months, saying they must learn how to work under constraints and help the company turn profitable.
Jack Dorsey steps down from Twitter's boardDorsey had quit as Twitter CEO in November last year, handing over the baton to the then CTO of the company, Parag Agrawal.
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