Tags archives: jack-dorsey

Paul Elliot-led Investment Group Buys Huge Stake in Twitter, Seeks Dorsey's Ouster
Hedge fund Elliott Management Corp., an activist investor group, has bought a large stake in Twitter in a bid to bring about changes in the social media platform, and the group wants to start with replacing the CEO Jack Dorsey, report sources. Three of the company’s eight-member board seats are up for elections, and the Paul Singer founded Elliott Management group is looking to fill all three and possibly extend it to four even if any future vacancies arise. It is not clear how big a stake does Elliot Corp have on Twitter and who the...
Twitter Goes Beyond 140 Characters?
Twitter disowning the 140 character limit would be like Joey Tribbiani sharing food with someone, or Stephen Hawking deciding that he no longer wants to be a physicist. While, many may pass this off as a rumor, various media reports claim that new chief Jack Dorsey plans to drop the microblogging site’s signature feature and a raise the character limit on tweets. The reports started circulating shortly after Chinese social network Sina Weibo removed its 140 character limit. The new format will allow users to post up to 2,000 characte...