Jack Dorsey Reportedly Steps Down as Twitter CEO

Twitter shares prices shot up by two-digits after news broke that Jack Dorsey, the CEO of the social media giant, had resigned.

CNBC reported on November 29th that Jack Dorsey was stepping down as chief executive officer at Twitter. This is surprising considering the amount of support Dorsey received. According to reports last year, Paul Singer, the billionaire investor and founder Elliot Management Corp wanted to replace Dorsey. However, many will have questions about the future relationship between Twitter, Bitcoin and him. The news that Dorsey would be leaving as Twitter CEO prompted a 10% increase in shares.
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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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