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Twitter CEO Jack Dorsey is expected to step down, sources say
CNBC ^ | 11/29/21 | Jessica Bursztynsky

Posted on 11/29/2021 6:48:07 AM PST by C210N

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

Twitter stock jumped more than 11% on the news.

Dorsey currently serves as both the CEO of Twitter and Square, his digital payments company. Twitter stakeholder Elliott Management had sought to replace Jack Dorsey as CEO in 2020 before the investment firm reached a deal with the company’s management

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: dorsey; gettherope; jackdorsey; paragagrawal; twatter; twitter
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To: Alas Babylon!

Meet the new boss... Same as the old.


21 posted on 11/29/2021 7:10:13 AM PST by JerseyDvl (During times of universal deceit, telling the truth becomes a revolutionary act.)
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To: C210N

His successor will be Jack Dorsey on steroids.


22 posted on 11/29/2021 7:12:45 AM PST by Cboldt
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To: C210N
The creep has been sacked once before for running a chaotic, confused outfit.
Back in 2008.

Let's remember why Jack Dorsey was fired as Twitter's CEO

On the eve of Jack Dorsey's official return the CEO role at Twitter (per Recode’s report), it's worth taking a look at why he was pushed out of the company he co-founded, alongside Evan Williams, Biz Stone and Noah Glass, in 2006.

As Twitter (TWTR) took off, Dorsey was initially put in charge of the company. He oversaw the company's many, many #Failwhale crashes. In Hatching Twitter, Nick Bilton’s book about Twitter's early days, Dorsey is painted as a bad manager who took credit for everything, handled criticism poorly, and didn't know how to manage. It's worth noting, amid rumors that Twitter will increase its famous 140-character constraint: 140 characters was Dorsey's idea.

Dorsey's focus on outside hobbies, including sewing and drawing classes, and his frequent party appearances annoyed his co-workers. His lack of communication to investors and apparent six-figure text message bills annoyed the board. He had frequent arguments with Williams, who had provided the initial funding for Twitter. Oh, and while he was in charge, there was no backup of Twitter's database.

https://fortune.com/2015/09/30/jack-dorsey-twitter-ceo-fired/

23 posted on 11/29/2021 7:12:57 AM PST by SmokingJoe
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To: Alas Babylon!
I doubt to will lead to Trump’s return, because Dorsey replacement will come from a long line of Woke candidates.

If President Trump comes back it will be because there’s a perception that his absence from social media hurt the Democrats. Without mean tweets to run against, Democrats only had their own failing policies. This was particularly evident in Virginia.

24 posted on 11/29/2021 7:18:18 AM PST by Drew68 (Ron DeSantis for President 2024.)
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To: C210N

He says he is leaving and the stock goes up? 11%? What a kick in the groin! He must be a drag on the bottom line.


25 posted on 11/29/2021 7:23:54 AM PST by webheart (I thought I was helping by getting vaccinated but they say I didn’t help at all. )
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To: C210N

Yep. Jack is hearing the footsteps. Look for Zuckerbuck to exit also. Besos already hit the door.


26 posted on 11/29/2021 7:24:04 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: C210N

There’s only 365 days in a year and for 2 things to happen on the same day is about 1 in 365 assuming weekends and holidays are counted. Besides, coincidence means 2 things happening at the same time. The number of coincidences in any given second approaches infinity.


27 posted on 11/29/2021 7:28:02 AM PST by webheart (I thought I was helping by getting vaccinated but they say I didn’t help at all. )
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To: C210N

What’s a “Twitter”?


28 posted on 11/29/2021 7:30:59 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: Georgia Girl 2

Exactly. Dorsey, and many others already know:

FEAR the STORM.
NOBODY PLAYING THE GAME GETS A FREE PASS.
NOBODY.


29 posted on 11/29/2021 7:32:36 AM PST by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: Erik Latranyi

Who can ever trust Twitter or any big tech. The government didn’t have to spy on Americans because people willingly gave all their info to tech giants who willingly help the deep state.

Now they are using big corp to jam chemicals in our bodies.

They can all go!


30 posted on 11/29/2021 7:33:00 AM PST by Trumplican
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To: C210N; Hostage; rx

iirc, a couple years ago, jack was shopping for a new residence in an african country with a non extradition treaty with the USA.

suppose he has a bunk reserved for him at gitmo now?


31 posted on 11/29/2021 7:35:40 AM PST by thinden
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To: All

Just remember, Jack “unwaahed hobo” Dorsey said that pedophiles can share their wares on Twitter because it isn’t hurting “anyone”.
He said this to a person who was a victim of child porn who was objecting to their image being shared by pedos.


32 posted on 11/29/2021 7:35:48 AM PST by Darksheare (Those who support liberal "Republicans" summarily support every action by same. )
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To: Vigilanteman

He looks like a taliban hostage

Buh bye Jack


33 posted on 11/29/2021 7:53:53 AM PST by silverleaf (“Freedom ultimately means the right of other people to do things that you disagree with”. T. Sowell )
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To: C210N

Ah, our modern-day Rasputin is stepping aside? Just because he steps away from Twaddle doesn’t mean he won’t take his billions and cause trouble someplace else.


34 posted on 11/29/2021 7:56:27 AM PST by Antoninus (Republicans are all honorable men.)
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To: C210N

Nothing says “beloved CEO” quite like the stock price of your company soaring on rumors of your departure.


35 posted on 11/29/2021 7:58:44 AM PST by SamAdams76 (I am 2 days away from outliving Holly Dunn)
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To: duckman

Yup, he is likely going over to BEV. Same as Gates and Bezo’s.


36 posted on 11/29/2021 8:08:00 AM PST by M_Continuum
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To: C210N

Don’t matter a hill of beans... he’ll run his evil empire behind the scenes. Do people honestly think he would disappear or relinquish power that easy? HELL NO! This is Hitler jack’s evil global monstrosity baby! Ain’t gonna happen!


37 posted on 11/29/2021 8:12:09 AM PST by RoseofTexas
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To: Hostage

Ditto. Rush is still with us in spirit and he would say the same thing.


38 posted on 11/29/2021 9:08:17 AM PST by FryingPan101 (Dittohead- Circa 1989)
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To: Darksheare
Jack “unwaahed hobo” Dorsey said that pedophiles can share their wares on Twitter

You know, one can go to walmart.com *right now*, and search for "$9999 baby", and the "products" that show up in that price range are PART AND PARCEL OF THE PEDOPHILIA TRADE.

https://www.walmart.com/search?q=%249999+baby

39 posted on 11/29/2021 9:52:29 AM PST by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: RoseofTexas

Have patience. These people are all going to be dealt with.


40 posted on 11/29/2021 9:53:02 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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