Tag: Jack Dorsey

Twitter Cofounder Jack Dorsey Apologizes!
Technology

Twitter Cofounder Jack Dorsey Apologizes!

[ad_1] Former Twitter CEO Jack Dorsey has voiced his regrets. Former Twitter Inc. Chief Executive Officer Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk. Musk on Thursday and Friday slashed over half the staff, affecting almost every team at the company. The cuts, expected to involve about 3,700 jobs, have fueled questions about whether Twitter will have the resources to keep crucial systems running effectively, including during the US midterm elections on Tuesday. Dorsey remains an indirect shareholder in the site, after rolling over roughly 18 million Twitter shares into Elon Musk's X Holdings I. He has endorsed Musk's purchase, saying in April when the deal was first announced that the c...
Looking for an alternative to Elon Musk-owned Twitter? Jack Dorsey has something in store
Technology

Looking for an alternative to Elon Musk-owned Twitter? Jack Dorsey has something in store

[ad_1] Twitter co-founder Jack Dorsey is beta testing a new social media application amid Elon Musk's Twitter takeover. If you are not happy with Tesla CEO Elon Musk taking control of Twitter and are looking for an alternative to the microblogging site, then there's good news for you. As per People, Twitter co-founder Jack Dorsey is beta testing a new social media application. A week before Musk took control of the company on Thursday, Dorsey announced that his decentralized social app Bluesky is seeking beta testers. "The next step is to start testing the protocol. Distributed protocol development is a tricky process," the company shared in a news release last Tuesday. "It requires coordination from many parties once a network is deployed, so we're going to start in private be...
Jack Dorsey Tried to Add Elon Musk to Twitter’s Board Before Deal
Technology

Jack Dorsey Tried to Add Elon Musk to Twitter’s Board Before Deal

[ad_1] Former Twitter CEO Jack Dorsey tried to get Elon Musk onto the social network’s board of directors long before the current drama. Former Twitter Inc. Chief Executive Officer Jack Dorsey tried to get Elon Musk onto the social network's board of directors long before the current drama around whether Musk will buy the company. Dorsey pushed to add Musk to Twitter's board shortly after activist investors started agitating for change at the company in 2020, according to new text messages shared as part of Twitter's ongoing lawsuit with Musk. Dorsey's plan was rejected by Twitter's cautious board, he wrote in a private message to Tesla Inc. CEO Musk in March of this year. In their conversation, Dorsey was specifically lam...
Jack Dorsey Says His “Biggest Regret” Is Twitter Became A Company
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Jack Dorsey Says His “Biggest Regret” Is Twitter Became A Company

[ad_1] Jack Dorsey says he believes Twitter should not be owned by a state, company.San Francisco: Twitter founder and former chief executive Jack Dorsey tweeted Thursday that he regrets the social media platform became a company."The biggest issue and my biggest regret is that it became a company," Dorsey tweeted in response to a question about whether Twitter turned out the way he had envisioned.Dorsey stands to receive $978 million if the agreement for billionaire Elon Musk to buy Twitter is completed.When asked about what structure he wished Twitter would operate under, Dorsey said that it should be "a protocol" and that Twitter should not be owned by a state or another company.If it were a protocol, Twitter would operate much like email, which is not controlled by one centralized en...
Shocker! When Twitter exec Vijaya Gadde was hit by online abuse following Elon Musk tweet
Technology

Shocker! When Twitter exec Vijaya Gadde was hit by online abuse following Elon Musk tweet

[ad_1] Elon Musk’s criticism of a content decision made by Twitter's team was followed by abusive tweets directed at Vijaya Gadde. Elon Musk's criticism of a content decision made by Twitter Inc.'s legal team was followed by a wave of abusive tweets directed against the company's top lawyer, Vijaya Gadde. Musk, who has 86.4 million followers on Twitter and has clinched a deal to buy the company for $44 billion, often uses the site as a way to criticize Twitter's decisions, particularly when they involve banning accounts from people who violate the platform's rules, some of whom Musk sees as being unfairly sidelined. On Tuesday, he faulted a decision the company made in 2020 to block a New York Post story about Hunter Biden. He called the move “incredibly inappropriate.” While he ...