Jack Dorsey step down as the chief executive officer of Twitter, he help found in 2006 and steere through a high-profile hack and the controversial banning of former US President Donald Trump.
Jack Dorsey, who also helms fintech firm Square, will be succeed by Chief Technology Officer Parag Agrawal.
Timeline of Jack Dorsey Tenure at Twitter :
2006
Type out the Twitter’s first post: “just setting up my twttr”.
2008
Co-founder Evan Williams took over as CEO after the board push Jack Dorsey out.
Jack Dorsey assume the role of chairman.
2013
Twitter went public at a valuation of $31 billion (approx. Rs. 2,32,400 crore).
2015
Jack Dorsey return as CEO after Dick Costolo stepped down.
2017
A Twitter employee on his last day deactivate then US President Donald Trump’s account which was restore 11 minutes later.
2018
Twitter increase the character limit of tweets to 280 from 140, sparking a mix reaction in twitter.
2020
Activist hedge fund Elliott Management push for changes, including the removal of Jack Dorsey as CEO.
2020
Twitter reach an agreement with Elliott to add three new directors for letting Jack Dorsey stay on as CEO.
2021
Twitter permanently suspend Trump’s account, with the company citing a risk of further incitement of violence.
2021
Twitter outline plans in February to attain at least $7.5 billion (approx. Rs. 56,230 crore) in annual revenue and 315 million monetisable daily active users, or those who see ads, by the end of 2023.
2021
Jack Dorsey sold his first tweet as a non-fungible token (NFT) as a kind of unique digital asset for just over $2.9 million (approx. Rs. 21,745 crore).
2021
Former US President Donald Trump in July filed lawsuits against Twitter, Facebook, and Alphabet’s Google, as well as their chief executives, alleging they unlawfully silence conservative viewpoints.
2021
Twitter said it had 211 million average monetisable daily active users, as of the three months end 30th September 2021.
2021
Jack Dorsey’s net worth is $11.8 billion (approx. Rs. 88,500 crore) as of 29th November 2021, as per Forbes.
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