Tesla and SpaceX CEO Elon Musk has been given a seat on Twitter’s board following the news that the billionaire is now the social media giant’s largest shareholder with a 9.2% stake. On Tuesday, Twitter CEO Parag Agrawal tweeted, “Through conversations with Elon in recent weeks, it became clear to us that he would bring […]
Rihanna’s Clara Lionel Foundation (CLF) has joined forces with former Twitter CEO Jack Dorsey’s #StartSmall initiative to donate a combined $15 million to 18 different climate justice groups. The grants will be awarded to organisations that focus on and are led by “women, youth, Black, Indigenous, people of colour and LGBTQIA+ communities” in the United […]
It has been confirmed that Jack Dorsey will step down as Twitter’s chief executive officer with immediate effect. The company’s chief technology officer, Parag Agrawal, is set to take over the role. Dorsey had been serving as chief executive to both Twitter and digital payments company Square, which Dorsey founded in 2009 alongside Jim McKelvey. […]
Jack Dorsey currently serves as chief executive of both Twitter and digital payments company Square. Twitter stakeholder Elliott Management had sought to take on Dorsey's role in 2020 prior to the investment firm reaching a deal with Twitter's management. At the time, billionaire investor and Elliott Management founder Paul Singer had questioned whether or not […]
Square and Afterpay have entered into a “Scheme Implementation Deed” under which Square will acquire all of the issued shares in Afterpay. The transaction will be paid entirely in stock and is estimated to have a value of $29 billion. Like many other buy-now-pay-later companies, Afterpay has thrived during the pandemic as more shoppers have […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
