SUBSCRIBERS
Twitter CEO to step down on July 1
Co-founder Jack Dorsey, ousted in 2008, will replace him on an interim basis
Published Fri, Jun 12, 2015 · 09:50 PM
San Francisco
TWITTER Inc chief executive officer (CEO) Dick Costolo abruptly announced on Thursday he was stepping down, amid increasing scrutiny of the company's slow user growth and inability to attract advertisers at the same rate as its competitors.
Mr Costolo will be replaced by co-founder Jack Dorsey on an interim basis.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Garmin’s Q1 results beat on strong demand for fitness, auto products
Foxconn’s musical chairs sound like punk rock
US sets up board to advise on safe, secure use of AI
Regulate AI? How US, EU and China are going about It
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming