Twitter co-founder Jack Dorsey has stepped down from his executive role at the social media company.
Dorsey will be replaced by chief technology officer (CTO) Parag Agrawal, the company announced on Monday.
The surprise move ends Dorsey’s much criticized tenure as chief executive officer of both Twitter and Square, his digital payments company, which led to Twitter stakeholders Elliott Management and billionaire investor Paul Singer calling on him to step down from one of those roles.
Twitter’s shares rose 11% after the news broke
What new modes of air transportation will exist in 2030? Could eVTOLs replace cars by then? McKinsey’s Kersten Heineke, Benedikt Kloss, and Robin Riedel imagine the future of advanced air mobility.
Check out more here: McKinsey report
Sweden’s first female prime minister has today been reappointed to the top job.
MPs backed Social Democratic Party leader Magdalena Andersson by a narrow margin in a new vote on Monday.
She will attempt to lead a one-party government until an election in September next year.
She stood down as PM last Wednesday a few hours of her election since the coalition partner, the Green Party left due to a budget defeat in the Parliament. She will now shape a minority socialdemocratic cBinet until the general election in September 2022.
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