Jack Dorsey’s departure from Twitter sets up the social network as an attractive target for his other firm Square in the race to build a super-app. Even PayPal or Salesforce may take another stab. jennifersaba BVPredicts
Twitter announced on Nov. 29 Jack Dorsey was stepping down as chief executive, effective immediately. Dorsey will remain a member of the board until his term expires at the 2022 meeting of stockholders. Parag Agrawal, the company’s chief technology officer, is replacing Dorsey.
Bret Taylor, who was appointed Salesforce.com co-chief executive on Nov. 30, was named Twitter’s chair.PayPal offered to buy social media firm Pinterest for $45 billion, according to an Oct. 20 Reuters report citing people familiar with the matter. PayPal said on Oct. 24 it was “not pursuing an acquisition of Pinterest at this time.”Subjects
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