Jack Dorsey Keeps Twitter CEO Job (bloomberg.com) 20
A Twitter board committee reviewing the social network's leadership and management structure concluded that Chief Executive Officer Jack Dorsey should maintain his role at the helm of the company. From a report: The committee was asked to formally review Twitter's leadership as part of an agreement in March with activist investor Elliott Management and private equity firm Silver Lake, which took stakes in the San Francisco-based company earlier this year. The independent board panel, which included representatives from Elliott and Silver Lake, concluded that the current management structure is sufficient, and the full board accepted that recommendation, according to a company filing on Monday. "The committee expressed its confidence in management and recommended that the current structure remain in place," the filing reads. "The board will continue to evaluate company and management performance according to a range of factors, including the company's operating plan and established milestones."
High Risk in chaning leadership (Score:3)
If the board decides to change CEO, then they probably should have some good alternates ready, before they can them. Otherwise you can have a far more complex transition period, in which you may or may not be able to find a more qualified candidate for the job.
Normally you would kick out a CEO only if they are extremely bad at their job, not just because the company is not doing so great at the moment.
Re: (Score:2, Troll)
If the board decides to change CEO, then they probably should have some good alternates ready, before they can them. Otherwise you can have a far more complex transition period, in which you may or may not be able to find a more qualified candidate for the job.
Jack Dorsey hit the social media lottery with a viral program that is about as complex as Flappy Bird. He probably won't be writing MBA books on that, since creating mega-corps based on stupid-simple apps these days demands the viral luck of the masses becoming addicted to your product. You would have better luck getting advice from drug lords.
Normally you would kick out a CEO only if they are extremely bad at their job, not just because the company is not doing so great at the moment.
What's so great about being called in front of Congress for abuses of Free Speech, dragging your fellow social media CEOs with you? I'm shocked the Boards of Faceb
Re: (Score:2)
Jack Dorsey hit the social media lottery with a viral program that is about as complex as Flappy Bird.
A lot of people have ideas. Turning them into a multi-hundreds of billions of dollar corp is harder. Feels good to imagine that others' success, and our lack of, is just due to chance though.
You would have better luck getting advice from drug lords.
Agree with that, but for different reasons. Being a billionaire (or whatever he is) just makes him all the more disconnected from reality.
Re: (Score:2)
Jack Dorsey hit the social media lottery with a viral program that is about as complex as Flappy Bird.
A lot of people have ideas. Turning them into a multi-hundreds of billions of dollar corp is harder. Feels good to imagine that others' success, and our lack of, is just due to chance though.
No, actually it does not feel "good" when hard work for many is down to the roll of the dice. My example is a prime one. There were tens of thousands of games that developers spent countless hours on, developing gameplay, strategy, tactics, perhaps even serving a medical benefit. None of that is demonstrated in Flappy Bird. The overwhelming majority of that success, was due to sheer luck and addiction. So much so, that the creator of the game removed it from society.
From Baha Men earning a Grammy fo
Re: (Score:2)
So you've admitted you're illiterate when it comes to the Constitution... Twitter isn't required to allow nonsense and hate on their platform. The First Amendment applies to government sanctions, not private businesses. The fact that white supremacists like Ted Cruz don't like it doesn't change the Constitution (though it does provide a reminder that conservatives hate Constitution and Country both).
Re: (Score:2)
What's so great about being called in front of Congress for abuses of Free Speech So you've admitted you're illiterate when it comes to the Constitution... Twitter isn't required to allow nonsense and hate on their platform. The First Amendment applies to government sanctions, not private businesses. The fact that white supremacists like Ted Cruz don't like it doesn't change the Constitution (though it does provide a reminder that conservatives hate Constitution and Country both).
Clearly you fail to understand your own shitty example, reinforced the very Constitutional Rights we all have. Ted Cruz was Free to tell JackAss just how fucked his policy is, and decision was. And you're right; JackAss was Free to continue to stand his ground. He didn't. He caved instead. Because of publicly traded pressure.
And clearly you're ignorant enough to fight for massively public platforms provided by public companies, and support them pouring the gas on and setting fire to, the idiotic conve
Is Dorsey even in charge? (Score:5, Insightful)
I think Dorsey is a figurehead at this point. Or ineffective leader. Pick one.
Re: (Score:2)
I watched him promising a lot of changes in interviews with Rogan and Tim Pool. None of this manifested. Historically Jack Dorsey was libertarian-leaning and pro-free speech, yet such views are not reflected in the current culture of Twitter. I think Dorsey is a figurehead at this point. Or ineffective leader. Pick one.
He's just another CEO trying to support the insanity of extreme ideals that goaded him into censoring the 4th largest newspaper in America. Yet another victim of The Swamp. Pool and Rogan both have a rather unique way of calling you out on your shit too. Probably the only reason Jack felt obligated to appease either of them with what amounted to empty promises.
And he deserves to fail and/or be ousted for it. If you disagree, be honest with yourself; we're here reading about Dorsey keeping his job, bec
Re: (Score:1)
Don't understand twitter (Score:1)
Social Media is just a way to fool people into recording their own personal data and activity so the man can profit on it.
Re: (Score:2)
Social Media is just a way to fool people into recording their own personal data and activity so the man can profit on it.
Yeah, we know. Everyone knows.
Re: (Score:2)
Re: (Score:2)
Everyone knows and most still use these services. Odd?
Why is it odd to use a service and expect to "pay" for it?
Re: (Score:1)
No. Mini-Manson Dorsey.
Re: (Score:2)
Well, there were some board members opposed... (Score:2)
...but their tweets were mysteriously blocked.