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Twitter’s Pro-Bitcoin CEO Jack Dorsey to Step Down – Reports
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Twitter co-founder and CEO Jack Dorsey is expected to step down from his role as chief executive of the social media platform, several media outlets reported on Monday.
The news was first reported by CNBC, while Reuters and Bloomberg also reported on the story, all citing unnamed sources “familiar with the matter.”
According to Bloomberg TV, Twitter will appoint its current chief technology officer Parag Agrawal as the new CEO. The report added that Agrawal will also join Twitter’s board of directors “effective immediately.”
Twitter’s stock has been halted by the New York Stock Exchange due to a pending news announcement from the company. Before trading was halted, Twitter’s stock was up 3.42% for the day.
It is unclear who would take over for
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