Jack Dorsey: Last News

A few hours after a story emerged that indicated there’s little love for him among Twitter workers past and present, the service’s former Twitter CEO and cofounder Jack Dorsey has responded.

Todd Spangler NY Digital Editor Senior Twitter executives deceived regulators — and the company’s own board — about lax security standards and its efforts to fight spam bots, according to an SEC complaint filed by the social network’s former head of security. Twitter fired Peiter “Mudge” Zatko in January 2022, a little more than a year after he was hired in November 2020 as head of security. The exec claims his termination was in retaliation for his refusal to stay quiet about the company’s vulnerabilities. Last month, Zatko filed a complaint with the SEC accusing Twitter of misleading shareholders, alleging it failed to disclose “extreme, egregious deficiencies” in its security practices to investors. He also alleged in an FTC complaint that the company violated a 2010 agreement with the agency to protect user data.

Todd Spangler NY Digital EditorElon Musk, in a new bid to bolster the claim that he has the right to walk away from his $44 billion bid for Twitter, issued a subpoena to Jack Dorsey, co-founder and former CEO of Twitter.Through the subpoena, revealed Monday in a court filing, the world’s richest individual is hoping to turn up evidence that Dorsey may possess about how the social company has measured bot and spam accounts.Musk and Twitter are locked in a legal battle, playing out in Delaware Chancery Court, in which Twitter is seeking to hold Musk to the original buyout terms. Musk has argued in legal filings that Twitter has made “false and misleading representations” — including about the extent of fake and spam accounts on the service — which represented a material breach negating the pact.

Justin Timberlake and Jessica Biel had a fashionable date night in Paris, on Saturday. The “SexyBack” singer and the actress attended the SaadiQ Paris Fashion week pop-up party by MADE Nightlife at L’aperous and couldn’t help but put their love and style on display.  «Justin and Jessica were very lovey dovey at the SaadiQ Paris Fashion week pop-up party by MADE Nightlife at L’aperouse,” an eyewitness tells ET.

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Twitter CEO Parag Agrawal has cut loose two top executives and announced a hiring freeze ahead of the company’s acquisition by Elon Musk, whose share purchases are reportedly being investigated by the SEC.

Elon Musk said Twitter would reverse its ban of former President Donald Trump if his purchase of the social media company goes through, signaling just how permissive the platform could become toward free speech under his ownership.

Elon Musk confirmed what has been speculated since he reached a deal to buy out Twitter: He’d allow Donald Trump to return to the platform.

Elon Musk confirmed what has been speculated since he reached a deal to buy out Twitter: He’d allow Donald Trump to return to the platform.

Todd Spangler NY Digital EditorNo one, except maybe Donald Trump and his inner circle, expected the ex-president’s legal challenge to Twitter’s permanent ban on him — on First Amendment grounds — to succeed. But now a federal judge has officially dismissed the suit.Trump, joined by the American Conservative Union and five individuals, sued Twitter (and then-CEO Jack Dorsey) in July 2021 in a class-action lawsuit claiming they were “censored” by the service — in Trump’s case, through Twitter’s ban.

As their bromance heats up, Jack Dorsey has weighed in again to support Elon Musk’s pending acquisition of Twitter following news the Tesla CEO wants him to retain a stake and stick around.

Elon Musk has unveiled a group of investors that together will provide about $7.14 billion in financing commitments for his pending $44-billion acquisition of Twitter, and said he’s talking to Twitter founder Jack Dorsey about sticking around as part owner.

Todd Spangler NY Digital EditorElon Musk is getting a little help from billionaire friends for his $44 billion Twitter takeover.According to an SEC filing Thursday, Musk has secured $7.14 billion in new financing commitments for the Twitter bid, including $1 billion from Larry Ellison. Ellison, co-founder and CTO of software giant Oracle, also sits on the board of Tesla, which Musk heads as CEO.In addition, Prince al-Waleed bin Talal of Saudi Arabia committed to retain the equity he owns in Twitter — his 35 million shares are worth $1.9 billion at Musk’s buyout offer — instead of receiving a cash payout, per the filing.Musk “will continue to have… discussions with certain existing holders” of Twitter stock, including ex-CEO Jack Dorsey, to contribute their shares toward his bid, according to the filing.

Radiohead song.The Tesla founder and entrepreneur successfully acquired the social media platform yesterday (April 25) for approximately $44billion (£34.5b), per The Independent.His offer was initially turned down by Twitter, which put a “poison pill” measure in place to stop a takeover attempt by Musk. However, the two parties later entered talks before the deal entered its final stages of negotiations.Dorsey shared a statement about the purchase with a link to Radiohead’s ‘Kid A’ track, ‘Everything In Its Right Place.’https://t.co/jeNtFyRrpR— jack⚡️ (@jack) April 26, 2022He then added: “I love Twitter. Twitter is the closest thing we have to a global consciousness.”I love Twitter.

Elon Musk’s divisive $44 billion dollar Twitter takeover has sparked threats of exodus by a pearl-clutching segment of Twitter users, who claim that the social media platform will become a cesspool of hate with the Tesla boss at the helm. The hashtags “#RIPTwitter” and “DeleteTwitter” were trending Monday — but so far there’s no proof self-proclaimed progressives are following through.

Pat Saperstein Deputy EditorTwitter co-founder and former CEO Jack Dorsey commented on Elon Musk’s acquisition of the social media platform on Monday night, kicking off his thread with Radiohead’s song “Everything In Its Right Place.”“I love Twitter. Twitter is the closest thing we have to a global consciousness,” he wrote.After stepping down from Twitter in November 2021, Dorsey continued to sit on the company’s board of directors. The board approved Musk’s $44 billion acquisition Monday morning.I love Twitter.

Twitter stock popped higher Monday, heading closer to Elon Musk’s $54.20-per-share offer, as he bad-mouthed the company’s board amid rumors of other possible bids.

Billionaire Elon Musk has joined Twitter’s board of directors, a day after it was announced he had become the social media company’s largest shareholder.

Tesla founder Elon Musk has acquired 73.5 million shares in Twitter, or 9.2% of the company, sending its shares up more than 20% but prompting uneasiness about his intentions.

Brian Steinberg Senior TV EditorA tech-news media start-up aims to forge ahead with a look into the world of Web3.Dot Dot Dot, founded by Laurie Segall and Derek Dodge, is launching D3, a news and media network that aims to explore the human and cultural impact of the growing digital business built around companies that provide services in exchange for personal data, which can range from blockchain technology and decentralized apps to token-based economics.“I got my start covering then little-known founders of companies like Airbnb, Instagram, and Uber when folks weren’t paying attention. They’ve turned into behemoths that transformed society,: says Segall.