Will Jack Dorsey take over Twitter once again? Former CEO breaks silence
After Tesla CEO Elon Musk bought out Twitter for a whopping USD 44 billion, there were rumours of him bringing in co-founder and former Twitter CEO Jack Dorsey to come in and run the company once again, due to their close ties and similar ideas.
Addressing these rumours, Jack Dorsey has finally broken his silence on whether he will be heading the social media platform once again. The Twitter founder revealed that he was not keen to retake the helm of the social media company, hinting at his limited involvement if Elon Musk manages to successfully close the takeover deal.
Dorsey, who currently heads payments firm Block Inc, owns a 2.4% stake in Twitter, according to Refinitiv. Since the Twitter board accepted Musk's $44 billion buyout offer on April 25, there is little clarity on the company's new leadership once the deal closes.
Reuters reported on April 29 that Musk had lined up a new chief executive, while there are reports that the Tesla Inc chief may temporarily take over the top job.
Dorsey has had a tumultuous run as the head of the social media company. He was replaced as Twitter CEO in 2008, two years after launching the service, but took over the top job again in 2015 before ceding the role to chief technology officer Parag Agarwal late last year.
Meanwhile, a recent regulatory filing showed that Musk was in talks with Dorsey to contribute his shares to the proposed acquisition.
Last month, Elon Musk made headlines for making a generous deal for acquiring Twitter, which later got accepted by the microblogging website. Soon after taking over the social media platform, Musk talked about introducing a string of changes to the site.
He had earlier discussed introducing an ‘Edit’ option for the tweets, and having a “free speech” model for the website. The SpaceX founder also talked about cracking down on content moderators, saying that they are “too involved” in the tweets published on the site.
Further, Elon Musk has also talked about reversing the ban on former US President Donald Trump, saying that he can be reinstated to Twitter in the near future.
(With Reuters inputs)
READ | Parag Agrawal stumped out! With Elon Musk's takeover, will it be Jack Dorsey's return to Twitter?
- to sleep, rose and wandered out into the garden. The Hon.
- O it cannot be! What a dreadful, what a fearful fate! O
- Pottinger was a famous diplomatist. Lord Glenelg, living
- Weasel. Why, Sir—your honour, last night Mrs. Marjory
- with stating that they were poor natives of the place,
- I should not look the worse for a new coat, I think. My
- cool, determined courage, and deserved great credit; but
- becoming quite a friend of mine, and honest, handsome Sir
- resting the electric lamp upon one of the little ebony
- fellow, I have arms. [Aside.] None but what nature gave
- been into a horse-pond! that I had died e’er I left it!
- No doubt these dinners were a ‘social duty’; and no
- An instant he hesitated. Through the corridor ahead of
- O’Shan. Catch him, I say, and never be frightened for
- But what they should want to arrest either me or my Father
- Charles. Once more into the house, dear friends, once more.
- our tents. They were very civil, and offered us a house;
- O’Shan. [Aside. Retreating.] I wish some one would come.
- Charles. Excessively kind, but it is not quite come to
- Daresby. I can pardon you anything; but that deceiving
- and he pulled up short, for, instinctively, he knew that
- chatted with both the latter amusing gentlemen, and heard
- me in a fever. For my sake, for Sophy’s—O run, fly!
- Daresby. If I can be of any use to the poor sufferer. [Exit.]
- away from our tents the large circle of lookers on. An
- ‘Now doubtless you would like to hear a little how the
- discovered. If I but knew of one who could divert the attention
- forced to act a part against my will. Tell me the secret
- good old blooms of northern Europe which My Dear had so
- with his quiet jokes, and dear Mamma with her na?veté.
- Daresby. Come with me to the house, come. This is no place
- Corp. No use in all that deception, Sir: all’s discovered
- He ducked rapidly, almost touching the muddy water with
- of that life, could have been no sinecure, and must have
- e’er now; and then wit and eloquence! When I was flogged
- hinted that Mamma was in the same danger in regard to Lord
- (an odd red-breasted little bird, which inhabits the thick
- defence! They never let out the secret! As far as they
- were concerned you might have remained in your vault until
- your Sentinels, and then to your business. [Exit Corporal
- The wide heavens about her seemed to promise a greater
- ‘None but the brave, none but the brave deserve the fair,’
- I had guessed what you meant to do with your guest, I would
- with much pleasure to the evening’s entertainment. I
- The other he ordered straight westward with orders to halt
- for is more than I can comprehend! This is really nervous
- Weasel. [Lowering his voice.] When it was night, your honour,
- Barbara. Our family name of Rattleton is said to be derived
- nearly pure Indian inhabitants. They were much surprised
- running on before her. But may I make bold to ask how Master