Items tagged with Jack Dorsey

ISIS is apparently pretty peeved with the deletion of social media accounts belonging to members of the terrorist organization. As a result, ISIS has issued a threat to Facebook co-founder Mark Zuckerberg and Twitter co-founder Jack Dorsey, saying that for account they delete, ISIS will hack 10 others.The threat was part of a 25-minute video created by ISIS and posted to Telegram, a social media messaging app with a claimed 100 million monthly active users. It was discovered and viewed by Vocativ, which reports that the video contained pictures of Zuckerberg and Dorsey strewn with bullet holes. "You announce daily that you suspend many of our accounts, and to you we say: Is that all you can do?... Read more...
In a filing with the United States Securities and Exchange Commission (SEC), Twitter revealed that it's preparing to hand out 336 pink slips as part of a reorganization effort. In the short term, the layoffs, which amount to 8 percent of Twitter's workforce, will cost the company between $10 million and $20 million in severance pay. Investors at first reacted negatively to the news of the layoffs, sending Twitter's share price down by more than 6.8 percent to $28.75 on Monday. However, it's up more than 5 percent today at $30.24 per share. The quick recovery is a show of faith in Twitter co-founder Jack Dorsey, who just last week returned to take the reins as CEO. In the SEC filing, Twitter said ... Read more...
Twitter co-founder and executive chairman Jack Dorsey confirmed on Tuesday that he's accepted a reduced role at the microblogging service he helped create, but denied a report by the The New York Times that it had anything to do with employees complaining that he's "difficult to work with." According to the initial report, employees were frustrated with Dorsey's tendency to repeatedly change his mind about product directions, however Dorsey said his taking a reduced role was the plan all along. A little back history is in order. After inventing Twitter in 2006 and serving as the company's CEO for the next two years, Dorsey left in 2008 and founded payments startup Square. He then returned to... Read more...