Tag "Jack Dorsey"

Jack Dorsey buys Twitter stock worth $9.5mn post earnings report

By : CIOL Writers

Just after a couple of days of posting better than expected earnings report, Twitter CEO and co-founder, Jack Dorsey has purchased more than 574,000 shares of the company. Dorsey bought 574,002 Twitter shares in multiple transactions at prices ranging between $16.47

Twitter’s back on growth trajectory; added 9mn users last quarter

By : CIOL Writers

This surely was Twitter’s best quarter in terms of user growth since early 2015. Beating all expectations, the micro-blogging site added nine million new users in first three months of 2017, which brings the company’s total to 328 million. That’s the

Disney too is in fray for a possible Twitter buyout

By : CIOL Writers

Walt Disney is evaluating a potential bid for Twitter, Bloomberg reported on Monday. Confirming the news, Techcrunch reports that the company is indeed working with bankers now to determine whether the deal makes sense. Twitter co-founder and chief executive Jack

Pokemon Go creator Niantic’s CEO is OurMine’s latest victim

By : CIOL Writers

Hacker group OurMine at its notoriety once again! In another high-profile online breach, OurMine hacked into the Twitter account of John Hanke, the CEO of Pokemon Go creator, Niantic, yesterday. After taking control of the account, the outfit posted a

Twitter gets Quip CEO and co-founder Bret Taylor on board

By : CIOL Writers

Quip CEO and co-founder Bret Taylor has been appointed by Micro-blogging platform Twitter as a new advisory board member, effective immediately. He will work with the class of directors whose term will expire at the next annual shareholders meeting in

Security costs to protect Twitter’s CEO

By : CIOL Writers

Twitter CEO Jack Dorsey did not make a penny in salaries, bonuses, or stock awards from the company last year. He did, however, receive more than $68,500 in security services, according to a Twitter filing with the Securities and Exchange

Twitter CEO Jack Dorsey pushes for leaner ops, to fire 4,000 employees

MUMBAI, INDIA: Barely days after new Twitter CEO Jack Dorsey took office; he has announced a tough decision. The social media magnate has decided to lay-off 4,200 employees in a bid to push for a leaner operation focused on winning

Twitter reinstates Jack Dorsey as CEO

MUMBAI, INDIA: It’s official.  Jack Dorsey is Twitter’s permanent CEO. He will also hold the reins at mobile payments company Square. “The move comes at a time when Twitter is working to rekindle user growth. Twitter’s second-quarter monthly average users