Twitter CEO, Jack Dorsey, is stepping down from his role as CEO of Twitter effective immediately.
Dorsey is the co-founder of Twitter and helped launch the platform into the free speech-hating social media site that we all know today.
He wasn’t only the CEO of Twitter, but also Square, his digital payments company. He will remain a member of the Board until his term expires at the 2022 meeting of stockholders, the company said.
Twitter’s stock, which has consistently underperformed the market, jumped more than 10% at the opening bell Monday.
CNBC first reported that he may step down soon, citing anonymous sources, it was confirmed Monday morning.
He co-founded Twitter with Evan Williams, Biz Stone, and Noah Glass in 2006 serving as CEO until 2008. He made his failure of a comeback in 2015 when Dick Costolo stepped down dooming the media site.
The board of directors has appointed chief technology officer Parag Agrawal to serve as Dorsey’s replacement.
Twitter claims to allow free speech but we all know that’s not true. How many of us have been shadowbanned or outright suspended from the site for our thoughts, perspectives, or simply disagreeing with the rabid liberals of the world?
Twitter banned President Trump over false premises and his mean tweets that the liberals scream about. They also banned The Gateway Pundit after they posted a video of a van driving into Detroit’s TCF Center loaded with ballots at 3:30 AM following the election.
Twitter doesn’t seem to appreciate free speech or the truth.
In a press release, 45th President of the United States Donald J. Trump announced that Trump Media & Technology group has entered into a merger agreement with Digital World Acquisition Corp. It’s obvious that the name will keep the Trump titled company, but it’s unknown if the headquarters will keep DWAC’s city of Miami. Considering the former President has moved many of his assets to Florida, it’ll likely stay in Miami.