Домой United States USA — Political Twitter CEO steps down, leaves company at a crossroads

Twitter CEO steps down, leaves company at a crossroads

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Jack Dorsey is out of his post as Twitter’s chief executive for the second time in his career — this time, he says, by choice.
Jack Dorsey is out of his post as Twitter’s chief executive for the second time in his career — this time, he says, by choice. Dorsey, who co-founded the company, offered no specific reasons for his resignation Monday beyond an abstract argument that Twitter, where he’s spent 16 years in various roles, should “break away from its founding and founders.” Dependence on company founders, he wrote, is “severely limiting.” He will be succeeded by Twitter’s current chief technology officer, Parag Agrawal, a choice Wall Street analysts seemed to welcome, seeing him as a safe choice who will usher the company into what’s widely seen as the internet’s next era — the metaverse. Investors were less sure, sending Twitter’s stock 3% lower. Dorsey was the social platform’s first CEO in 2007 until he was forced out the following year, then returned to the role in 2015. He is known for his relaxed demeanor, for his sometimes massive beard that’s the subject of several parody Twitter accounts and for Silicon Valley eccentricities that include dabbling in silent retreats, intermittent fasting, cryptocurrencies and blockchain. He leaves Twitter at a crossroads. The service changed American politics, journalism and culture. ”But it also, it turns out, had a darker side and has been exploited for years by people who want to harass other people and spread falsehoods about other individuals, about groups of individuals, about the state of democracy,” said Paul Barrett, deputy director at the New York University Stern Center for Business and Human Rights. In a letter posted on his Twitter account, Dorsey said he was “really sad…yet really happy” about leaving the company and that it was his decision. Dorsey sent the first tweet on March 21, 2006, that read “just setting up my twttr.” Twitter went through a period of robust growth during its early years, but as its expansion slowed, the San Francisco company began tweaking its format in a bid to make it easier and more engaging to use. While it never rivaled Facebook in size, Twitter became a primary conduit for political discourse and journalism, for better and for worse. He will remain on the board until his term expires in 2022.

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