November 03, 2024 01:08 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Andhra Pradesh: Three-year-old girl raped and murdered by relative in Tirupati | Two terrorists killed in encounter with security forces in Kashmir's Anantnag | Bengal: 5-year-old girl raped and murdered in Alipurduar, accused beaten to death by angry villagers | Kashmir: Encounter breaks out between security forces and terrorists in Srinagar | Mumbai Police initiates extradition process to bring back Lawrence Bishnoi's brother Anmol Bishnoi from US
Twitter co-founder Jack Dorsey steps down from board of directors
Jack Dorsey
Image Credit:Wikipedia Creative Commons

Twitter co-founder Jack Dorsey steps down from board of directors

| @indiablooms | 28 May 2022, 12:34 am

Twitter's co-founder and former CEO Jack Dorsey stepped down from the microblogging site's board of directors, bringing an end to all official ties with the company he founded in 2006, media reports said.

Bloomberg reported that Dorsey did not seek reelection to the board in which he has been a member since 2007.

Dorsey announced he would be leaving the board in November. His exit also marks the first time in Twitter's history that none of its co-founders are working at the company or sitting on the board.

He was also the CEO of the social media company from 2015 to 2021.

Meanwhile, Elon Musk, whose proposal for Twitter's buyout has been approved by the company's board, is still negotiating the $44 billion deal.

Reports said that Dorsey's exit was seen as coming after he stepped down as the CEO last year, handing over the reins to Parag Agrawal.

Reacting to Dorsey's decision, Musk said he understands that Dorsey needs to “move on” even though he wished he could stay on the board. Praising Dorsey, the tech billionaire said he was his fan.

“I’m a fan of Jack btw. Wish he would stay on the board, but I understand that he needs to move on,” Musk said in a thread after “Jack off the board!” and “(Of Twitter)” tweets.

Dorsey and Musk have often indulged in conversations on Twitter and they seemed to resonate on many matters relating to the working of Twitter.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.