Jack Dorsey has stepped down as the co-founder and chief executive officer of Twitter Inc., Bloomberg reports. Twitter said in a statement Monday, however, said Dorsey will stay on the board of the social media company until his term expires in 2022. “I’ve decided to leave Twitter because I believe the company is ready to move on from its founders,” Dorsey said in the statement. Dorsey stepped down as CEO of Twitter in 2008, but returned to the company in 2015. Dorsey has been at the helm of Twitter as it experimented with new innovations in social media including most recently live audio products and subscription services.

Source: Nigerian Tribune November 29, 2021 22:54 UTC