The WSJ is reporting today that they've come to an agreement that will leave Dorsey as CEO: https://www.wsj.com/articles/twitter-elliott-strike-truce-that-leaves-ceo-dorsey-in-place-11583758773
The agreement calls for Twitter to appoint two new board members to what was an eight-person board, with a promise to search for a new, third independent director, the company said.
Twitter also has committed to $2 billion in share repurchases. The buyback is to be funded in part by a $1 billion investment from technology-focused investment firm Silver Lake, the social-media company said. Twitter also pledged to deliver growth.
The agreement notably doesn’t include the removal of Mr. Dorsey, CEO and co-founder of Twitter, a central pillar of Elliott’s campaign, which came to light about two weeks ago.
It's been floated that Singer wants to take over Twitter to correct for a perceived imbalance in conservative voices/claim it in the name of the culture wars. Personally I think that a change of...
It's been floated that Singer wants to take over Twitter to correct for a perceived imbalance in conservative voices/claim it in the name of the culture wars. Personally I think that a change of ownership isn't going to change what I see as priorities (more open API/third party client support, better curation/control of my feed, less Nazi/Nationalist activity) but I am open to a new owner.
Given the whole 'conservative voices' things I would probably pick jack over this dude a million times over and think the less nazi/nationalist activity thing would be more intense under this.
Personally I think that a change of ownership isn't going to change what I see as priorities (more open API/third party client support, better curation/control of my feed, less Nazi/Nationalist activity) but I am open to a new owner.
Given the whole 'conservative voices' things I would probably pick jack over this dude a million times over and think the less nazi/nationalist activity thing would be more intense under this.
The WSJ is reporting today that they've come to an agreement that will leave Dorsey as CEO: https://www.wsj.com/articles/twitter-elliott-strike-truce-that-leaves-ceo-dorsey-in-place-11583758773
It's been floated that Singer wants to take over Twitter to correct for a perceived imbalance in conservative voices/claim it in the name of the culture wars. Personally I think that a change of ownership isn't going to change what I see as priorities (more open API/third party client support, better curation/control of my feed, less Nazi/Nationalist activity) but I am open to a new owner.
Given the whole 'conservative voices' things I would probably pick jack over this dude a million times over and think the less nazi/nationalist activity thing would be more intense under this.