Jack Dorsey Steps Down from Twitter Board

The Epoch Times Header

Twitterโ€™s former CEO Jack Dorsey has reportedly stepped down effective immediately from his seat on the social media platformโ€™s board after a stakeholder meeting on Wednesday.

The move was expected after Twitter โ€œshared back in Novemberโ€ that Dorsey would leave the board when his term expired at the 2022 meeting of stockholders, a Twitter spokesperson said in a statement obtained by The Hill.

This comes amid the Twitter takeover bid of billionaire Tesla and SpaceX boss Elon Musk. That deal was โ€œtemporarily put on holdโ€ before Musk said he wants to slash his initial $44 billion takeover offer until there is more clarity on the websiteโ€™s spam bots.

Dorsey has been supportive of Muskโ€™s takeover and critical of the companyโ€™s board.

In April, Dorsey responded to a post on Twitter by a person who claimed they witnessed โ€œplots and coupsโ€ by board members, particularly among the founders.

โ€œItโ€™s consistently been the dysfunction of the company,โ€ Dorsey replied.

Dorsey, who helped found Twitter in 2006, stood down as CEO in November last year, saying he decided to leave โ€œbecause I believe the company is ready to move on from its founders.โ€

He handed the reins to the companyโ€™s chief technology officer, Parag Agrawal, on Nov. 29, 2021.

โ€œMy trust in Parag as Twitterโ€™s CEO is deep. His work over the past 10 years has been transformational. Iโ€™m deeply grateful for his skill, heart, and soul. Itโ€™s his time to lead.โ€

Dorsey, who survived an attempt to oust him in 2020 by Twitter stakeholder Elliott Management, took ownership of the decision to resign but said it was โ€œa tough one for me.โ€

In seeking to take over Twitter, Musk has declared his intention to make it a bastion of free speech. Dorsey, who has previously faced significant criticism from conservatives and free speech proponents after the platform banned President Donald Trump in January 2021, has thrown his full support behind Musk.

Dorsey in Mayย agreedย with comments made by Musk that he would overturn Trumpโ€™s permanent ban, saying it was a mistake in the first place.

Byย Caden Pearson

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Columns

Vietnam Vets on Emotional โ€˜Honor Flightโ€™ Mark 50th Anniversary of Warโ€™s End

Honor Flight Tri-State recently brought 86 veterans to the...

Why American Billionaires are Scared

The amount we produce in GDP to pay down our national debt is now outpaced by the interest rate on our debt alone.

Why the US Denied a Request From Mexico for Water

Mexicoโ€™s delinquent water deliveries, in violation of old treaty, exposed years of โ€œblind eyeโ€ policies, rapid population growth, and hydrological changes.

Is Britain Losing its Geopolitical Relevance?

With improving relations between Russia and the US, one of the biggest losers politically could be Britain. As Russia and America talk, does Britain lose relevance?

Did Virginia Giuffre Have a KILL SWITCH?

In a 2019 social media post, Virginia Giuffre warned the public she was not a suicidal person and if she were to die by such a method, it will be a murder.

News

Senate Rejects Resolution to Nullify Trumpโ€™s Global Tariffs

he Senate rejected a resolution on April 30 to nullify President Donald Trumpโ€™s April 2 tariffs on most countries. The measure failed with a tie vote of 49-49.

HHS to Require Placebo-Controlled Trials for New Vaccines

Health Secretary Robert F. Kennedy Jr. is requiring all new vaccines to be tested against placebos before being licensed, officials said on April 30.

Supreme Court Seems Inclined to Green-Light First Publicly Funded Religious Charter School

Supreme Court seemed inclined to overturn an Oklahoma court ruling denying authorization for nationโ€™s first publicly funded religious charter school.

Gov Hochul Strikes Deal With Lawmakers Over New Charge for Mask-Wearing Criminals

NY state is set to crack down on people who wear masks to conceal their identities while committing crimes, under a proposal in state budget bill.

Social Security Cuts Overpayment Withholding Rate to 50 Percent Down From 100 Percent

SSA has announced a new policy that reduces the default withholding rate to 50 percent for recovering Social Security benefit overpayments under Title II.

US Makes First Prosecutions of Illegal Immigrants for Entering Military Zone at Border

U.S. has begun prosecuting illegal immigrants for allegedly crossing into a restricted military zone along U.S.โ€“Mexico border, according to court filings.

Ford CEO Says โ€˜Employee Pricingโ€™ for Everyone Will Continue Amid Auto Tariffs

Ford CEO Jim Farley said company policy to extend โ€œemployee pricingโ€ to all Ford customers will continue amid uncertainty over auto tariffs.

US Economy Contracts in 1st Quarter for First Time Since 2022

The U.S. economy contracted to kick off 2025 as a spike in imports weighed on the countryโ€™s growth prospect
spot_img

Related Articles