Jack Dorsey will serve as CEO of Square and Twitter
Twitter named co-founder Jack Dorsey as its CEO on Monday, a job he'll take on in addition to running Square, the mobile payment company he also co-founded. Dorsey, 38, has served as interim Twitter CEO since July, when Dick Costolo stepped down.
Dorsey founded Square after being ousted as Twitter CEO in 2008. After some hesitation, investors in both companies reportedly now support his permanent return to Twitter.
"Deion Sanders played in both the World Series and the Super Bowl," venture capitalist Keith Rabois told The New York Times in September. "I don't see any reason why Jack can't do that."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
For what it's worth, Dorsey himself doesn't seem terribly concerned about his workload, either. Julie Kliegman
-
Political cartoons for January 29Cartoons Thursday's political cartoons include 2nd amendment dibs, disturbing news, and AI-inflated bills
-
The Flower Bearers: ‘a visceral depiction of violence, loss and emotional destruction’The Week Recommends Rachel Eliza Griffiths’ ‘open wound of a memoir’ is also a powerful ‘love story’ and a ‘portrait of sisterhood’
-
Steal: ‘glossy’ Amazon Prime thriller starring Sophie TurnerThe Week Recommends The Game of Thrones alumna dazzles as a ‘disillusioned twentysomething’ whose life takes a dramatic turn during a financial heist
-
TikTok secures deal to remain in USSpeed Read ByteDance will form a US version of the popular video-sharing platform
-
Unemployment rate ticks up amid fall job lossesSpeed Read Data released by the Commerce Department indicates ‘one of the weakest American labor markets in years’
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
