Twitter’s eccentric co-founder Jack Dorsey stepped down as CEO abruptly Monday. The brand new CEO is an organization veteran who rose to chief expertise officer.
A MARTINEZ, HOST:
There’s been a altering of the guard at Twitter. CEO Jack Dorsey, the eccentric co-founder recognized for his dedication to meditation, fasting and Bitcoin, has stepped down. Changing him is a Twitter veteran few exterior the corporate have heard of. NPR’s tech correspondent Shannon Bond has extra.
SHANNON BOND, BYLINE: Jack Dorsey left Twitter as soon as earlier than. In 2008, he was pushed out as CEO after clashing with a fellow co-founder. He informed workers in an electronic mail yesterday, this time, he is leaving on his personal phrases. The handover comes at a essential second for large social media platforms.
MARGARET O’MARA: There’s a whole lot of warmth and a whole lot of friction and politics related to being these social networks on which a lot public dialog performs out.
BOND: Margaret O’Mara is a Silicon Valley historian. She factors to Fb’s current pivot to constructing the so-called metaverse.
O’MARA: So too, maybe, Twitter is , what’s the next-gen social community going to be?
BOND: Now the person chargeable for answering that query is Parag Agrawal. He is a Stanford-trained pc scientist who joined Twitter as a software program engineer a decade in the past. He grew to become chief expertise officer in 2017. Twitter insiders say Agrawal is a detailed confidant of Dorsey who shares his imaginative and prescient of a future through which Twitter runs on expertise that offers customers larger management. They anticipate cryptocurrency and the blockchain to play large roles. Dorsey has been speaking up this imaginative and prescient to traders for some time. Right here he’s on an earnings name this summer time.
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JACK DORSEY: So clearly, I have been studying and speaking so much about Bitcoin. So I believed it was essential to elucidate a little bit bit extra as to why.
BOND: Whereas some present and former workers informed NPR they have been stunned, Agrawal was tapped for the position, Dorsey says his belief in his successor is, quote, “bone deep.” As expertise chief, Agrawal labored on machine studying and different technical advances which have allowed Twitter to roll out new options and merchandise extra rapidly because it’s tried to shake off a status for being sluggish to innovate. Historian O’Mara says selecting Agrawal to succeed Dorsey is a sign…
O’MARA: That the expertise itself, the expertise of the platform and redesigning what social media is like can be one thing that Twitter is making an attempt to middle going ahead.
BOND: Now will probably be Agrawal, not Dorsey, who’s the general public face of that imaginative and prescient.
Shannon Bond, NPR Information.
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