Twitter CEO Jack Dorsey’s job at the microblogging platform is reportedly at risk, as Elliott Management, a new major stakeholder in the company is looking to have him replaced, according to Bloomberg. The $40 billion hedge fund, which is a major activist investor (the kind of investor that acquires a stake in a company in order to influence its direction in business) led by billionaire Paul Singer, isn’t keen on Dorsey serving as CEO at both Twitter and Square simultaneously. Read: Jack Dorsey on Twitter’s edit button: “We’ll probably never do it” With a 4% stake in the firm that it…
This story continues at The Next Web
Or just read more coverage about: Twitter
from The Next Web
Note : I Hope My My New News Article Twitter’s new stakeholder reportedly wants to remove CEO Jack Dorsey Of DigioNews So You Trust My site you are always updated with Latest news Daily news Everyday. Only on DigioNews : Twitter’s new stakeholder reportedly wants to remove CEO Jack Dorsey
0 Comments