Twitter CEO resigns

On Monday, Jack Patrick Dorsey, co-founder of the social networking site Twitter, has stepped down as the chief executive officer (CEO) of the company. According to the company, Parag Agrawal, Twitter’s chief technology officer (CTO), will take charge as the new CEO, while Jack Dorsey will be on the board of directors. “I’ve decided to leave Twitter because I believe the company is ready to move on from its founders,” Dorsey stated.

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