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Twitter shares jumps 10% after Jack Dorsey announces resignation; CTO Parag Agrawal to take over

Jack Dorsey, the cofounder and public face of Twitter, will step down from his role as CEO, effective immediately, the company announced Monday. Dorsey will remain a member of Twitter’s board until at least next year. Parag Agrawal, Twitter’s chief technology officer, will take over as CEO. “I’ve decided to leave Twitter because I believe […]

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Business

Buy Now Pay Later: Dorsey’s Square acquires Australia’s Afterpay for whopping $29 billion

Twitter CEO Jack Dorsey co-founded digital payment company Square acquired Afterpay, an Australian ‘buy now pay later’ (BNPL) kind of service provider. This deal is said to be one of the biggest ever buyouts made for an Australian company. Square purchased Afterpay for a whopping $29 billion in stock. It has also been reported by […]

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Insane Tech

Jack Dorsey: Twitter boss’s first tweet sold for $2.9 million as NFT

Twitter co-founder and CEO Jack Dorsey sold his first tweet as an NFT for just over $2.9 million dollars on Monday. The tweet is in the form of a non-fungible token (NFT) – a kind of unique digital asset that has exploded in popularity so far in 2021. Each NFT has its own blockchain-based digital […]

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Tech

Twitter unveils new ‘super follow’ feature for exclusive additional content

Twitter revealed a new “super follow” feature that will enable account holders to charge for exclusive additional content. This could take the form of extra tweets, joining a community group or receiving a newsletter, the firm said. Twitter unveiled plans at a virtual event for its investors. This is the first time that the platform […]