Twitter Inc.'s role as a megaphone for the U. S. president and numerous celebrities has failed to attract ordinary people to the social-networking platform, the company's latest earnings report and dismal forecast indicated.
Jack Dorsey, the chief executive officer of Twitter, acknowledged that the company might not be meeting everyone's growth expectations, and admitted that they needed to do more to convince people.
Jack Dorsey has returned as Twitter's CEO after seven years since he was ousted. It's not the only responsibility he handles; he is also the CEO of Square which is a mobile paying company. Some people go crazy handling one but Dorsy seems to have a secret trick managing to work at both.
Jack Dorsey, the co-founder of Twitter decided to return as CEO of the company when times are not very easy. The firm is struggling to improve its revenues from advertising, grow its user base and many are asking about the future prospects of the online social media networking company.
Jack Dorsey might just have too much to handle being the CEO of Square, the mobile payments company and Twitter both.
Last Monday, as pressure came from the investors, Dorsey accepted to be Twitter's CEO and decided that there was a major requirement of restructuring. He announced layoffs and cost cutting at the company. On the other hand he was preparing Square for its IPO.
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