The founder and former head of Twitter, Jack Dorsey, announced the final departure from the company

a minute read

The founder and former head of Twitter, Jack Dorsey (Jack Dorsey), announced his final decision to stop taking part in the management of the company. According to Dorsey, in fact, he no longer participates in the management of the company, having transferred all his competencies to Dick Costolo , the current CEO of Twitter. Dorsey said that he would like to concentrate on working on the Square project (payment service).

Jack Dorsey said: “We did not report my decision publicly, since this information is in fact of little concern to social network users.”

Jack Dorsey
Jack Dorsey, founder of Square and Twitter, speaks on stage during day one of TechCrunch Disrupt SF 2012 event at the San Francisco Design Center Concourse in San Francisco, California September 10, 2012. REUTERS/Stephen Lam

Now Dorsey will be more actively involved in the life of the Square project, launched in early 2011. The project has received huge amounts of initial investment and is aimed at developing a service that allows mobile payments through a smartphone. Every day a huge number of transactions amounting to 1 million dollars is carried out with the help of the project.

Facebook Twitter LinkedIn Telegram Pocket

Related Posts:

The company Square, founded by Jack Dorsey (Jack Dorsey) and developing solutions for receiving and processing electronic payments, carried out large-scale processing and restarting its platform for creating online stores – Online Store . Initially, the Online...
In the coming weeks, the head of Google Cloud Diane Green (Diane Greene) will leave his post. She announced this on a platform blog. After the departure of Green, the cloud division of Google will be headed by the former director of product for Oracle Corp. Th...
Twitter is developing a new feature that will give service users the ability to hide unwanted comments on published tweets. The first testing of the new functionality was discovered by application researcher Jane Manchun Wong (Jane Manchun Wong) during the ana...