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Jack Dorsey Resigns From His Role As CEO Of Twitter

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Jack Dorsey Resigns From His Role As CEO Of Twitter

Jack Dorsey, the co-founder and public face of Twitter, will step down from his role as Chief Executive Officer (CEO), effective immediately, the company announced Monday.

Dorsey will remain a member of Twitter’s board until at least next year.

Parag Agrawal, Twitter’s chief technology officer, will take over as CEO.

“I’ve decided to leave Twitter because I believe the company is ready to move on from its founders,” Dorsey said in a statement Monday.

“My trust in Parag as Twitter’s CEO is deep. His work over the past 10 years has been transformational. I’m deeply grateful for his skill, heart, and soul. It’s his time to lead.”

In an internal note, shared on his Twitter account, Dorsey said: “I want you all to know that this was my decision and I own it. It was a tough one for me, of course. I love this service and company… and all of you so much. I’m really sad… yet really happy. There aren’t many companies that get to this level. And there aren’t many founders that choose their company over their own ego. I know we’ll prove this was the right move.”

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The departure comes six years after Dorsey returned to the chief executive role to help turn around the social network’s business. During Dorsey’s tenure, Twitter achieved profitability, posted its first billion-dollar quarter and began testing and releasing a wide range of features to draw in users. But Twitter, like its peers, has also had to confront the challenge of content moderation as well as growing scrutiny from lawmakers and the public.

Meanwhile, Shares of Twitter jumped as much as 10% in pre-market trading Monday after the report, before giving up some of those gains.

While much smaller than rivals like Facebook, Twitter has been central to the debates over whether and how much social media platforms should be responsible for curbing hate speech, violent rhetoric, and misinformation on their sites. Dorsey has testified several times before Congress amid criticisms of his company’s handling of user content.

At the start of this year, Twitter took the extraordinary step of permanently banning a sitting US president from the service following the insurrection at the US Capitol.

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But under Dorsey’s leadership, Twitter has struggled to design and enforce an ever more complex set of policies and rules for its users, including world leaders.

Dorsey has had to navigate those challenges while dividing his time at Twitter by serving as CEO of Square, the payments company he also cofounded.

This summer, Dorsey suggested he might be willing to leave Twitter and Square to go work on bitcoin-related initiatives.

As recently as last year, Dorsey faced an investor challenge from activist hedge fund Elliott Management pushing for changes, including possibly replacing him. Dorsey ultimately survived.

The reports about Dorsey’s looming departure come 15 years after he helped launch the short-messaging company. Dorsey marked the moment with the platform’s first-ever tweet: “just setting up my twttr.”

Dorsey first became CEO of Twitter in 2007 but was forced out of the role the following year. He returned as CEO in 2015.

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Source: GhArticles.com

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Russia Cuts Off Gas Supplies To Bulgaria And Poland

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Russia Cuts Off Gas Supplies To Bulgaria And Poland

The Russian energy giant Gazprom says it has cut off all gas deliveries to both Bulgaria and Poland after both countries refused to start paying for the supplies in roubles.

Earlier, both Polish and Bulgarian energy providers said they had received official notices from the Russian gas supplier that deliveries were due to be cut.

Gazprom’s announcement comes after some confusion earlier this morning, when data showed gas supplies into Poland through Belarus temporarily reduced to zero before resuming.

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Bulgaria’s gas network had also said the country was still receiving Russian gas as of this morning.

We are yet to see any data of gas volumes into Poland or Bulgaria since Gazprom’s announcement just now.

 

 

 

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Source: GhArticles.com

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New Omicron Variant BA.2 Is Now The Leading Version Of COVID-19 And Considered “Highly Contagious”

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JUST IN: Ghana Records Two New Cases Of Omicron COVID-19 Variant

 

BA.2, the new Omicron variant that led to a surge of new COVID-19 cases in Europe, has now overtaken the U.S. as the most dominant version of the virus throughout the country. This latest data estimate is from a recent report from the Centers for Disease Control and Prevention, whose director Dr. Rochelle Walensky, predicted that BA.2 would quickly become dominate in the U.S

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The first case of the BA.2 was initially identified in the U.S. back in December. Meanwhile, scientists have been closely watching BA.2—which is now the third of the genetically distinct varieties of the Omicron variant of COVID-19.

The rapid growth of BA.2 is due partially to its eight gene mutations that spike protein on the virus’s surface, something that is not found in the previous strain, BA.1.

Although BA.2 is more transmissible than BA.1, as of now there are no signs that it causes more severe illness and it’s shown that vaccines continue to protect against the worst outcomes.

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Many U.S. health officials said that they expect cases to rise and are firmly blaming U.S. residents for not doing enough to prevent another potential surge of COVID-19.

 

 

 

 

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Source: GhArticles.com

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JUST IN: China Eastern Plane Carrying 133 People Crashes In Guangxi, Says State Media

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China Eastern Plane

A China Eastern plane carrying 133 people on board has crashed in Guangxi province, Chinese state media is reporting.

The number of casualties and reason for the crash are not yet known.

The crash of the Boeing 737 jet, in a mountainous region, led to a fire in the woods, state media is reporting.

Flight MU5735 was scheduled to leave Kunming at 13:15 local time (05:15 GMT) and was en route to Guangzhou.

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Flight tracking sites report the plane was in the air for just over an hour.

The plane went down near Teng county in Wuzhou province. Guangxi is a southern province neighbouring Guangzhou, a major city in the south-east.

Rescue crews have been deployed to the area, CCTV reported.

According to FlightRadar23 data, the last sourced information on the flight showed it ended at 14:22 local time, at an altitude of 3,225 ft.

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