Bloombergs European Headquarters in london. Our top story today, twitter Ceo Dick Costolo paying the price for the social Media Services lack of user growth. Costolo will step down and jack dorsey will return to take charge temporarily. Caroline, this came really as a surprise. After hours, the share price went up. Caroline they seemed to like it. The share price spiked as much as 13 , all because this man is relinquishing his power. He will step aside on july 1. Hes been there since 2010. He did achieve all that. He took twitter to the market. Sensational valuation. Since then, the share price has more than halved. More than 50 wiped off its valuation. Therefore, he is bowing out. He leaves 60 million stock awards. He does remain on the board. Some of the things, he decided that he wanted to move away from twitter and find someone to take his place. They now have an interim ceo who comes riding to the rescue. Jack dorsey himself, the cofounder. 2008, he was ousted. He has moonlighted
Bloombergs European Headquarters in london. Our top story today, twitter Ceo Dick Costolo paying the price for the social Media Services lack of user growth. Costolo will step down and jack dorsey will return to take charge temporarily. Caroline, this came really as a surprise. After hours, the share price went up. Caroline they seemed to like it. The share price spiked as much as 13 , all because this man is relinquishing his power. He will step aside on july 1. Hes been there since 2010. He did achieve all that. He took twitter to the market. Sensational valuation. Since then, the share price has more than halved. More than 50 wiped off its valuation. Therefore, he is bowing out. He leaves 60 million stock awards. He does remain on the board. Some of the things, he decided that he wanted to move away from twitter and find someone to take his place. They now have an interim ceo who comes riding to the rescue. Jack dorsey himself, the cofounder. 2008, he was ousted. He has moonlighted
Bloombergs European Headquarters in london. Our top story today, twitter Ceo Dick Costolo paying the price for the social Media Services lack of user growth. Costolo will step down and jack dorsey will return to take charge temporarily. Caroline, this came really as a surprise. After hours, the share price went up. Caroline they seemed to like it. The share price spiked as much as 13 , all because this man is relinquishing his power. He will step aside on july 1. Hes been there since 2010. He did achieve all that. He took twitter to the market. Sensational valuation. Since then, the share price has more than halved. More than 50 wiped off its valuation. Therefore, he is bowing out. He leaves 60 million stock awards. He does remain on the board. Some of the things, he decided that he wanted to move away from twitter and find someone to take his place. They now have an interim ceo who comes riding to the rescue. Jack dorsey himself, the cofounder. 2008, he was ousted. He has moonlighted
Bloombergs European Headquarters in london. Our top story today, twitter Ceo Dick Costolo paying the price for the social Media Services lack of user growth. Costolo will step down and jack dorsey will return to take charge temporarily. Caroline, this came really as a surprise. After hours, the share price went up. Caroline they seemed to like it. The share price spiked as much as 13 , all because this man is relinquishing his power. He will step aside on july 1. Hes been there since 2010. He did achieve all that. He took twitter to the market. Sensational valuation. Since then, the share price has more than halved. More than 50 wiped off its valuation. Therefore, he is bowing out. He leaves 60 million stock awards. He does remain on the board. Some of the things, he decided that he wanted to move away from twitter and find someone to take his place. They now have an interim ceo who comes riding to the rescue. Jack dorsey himself, the cofounder. 2008, he was ousted. He has moonlighted
Bloombergs European Headquarters in london. Our top story today, twitter Ceo Dick Costolo paying the price for the social Media Services lack of user growth. Costolo will step down and jack dorsey will return to take charge temporarily. Caroline, this came really as a surprise. After hours, the share price went up. Caroline they seemed to like it. The share price spiked as much as 13 , all because this man is relinquishing his power. He will step aside on july 1. Hes been there since 2010. He did achieve all that. He took twitter to the market. Sensational valuation. Since then, the share price has more than halved. More than 50 wiped off its valuation. Therefore, he is bowing out. He leaves 60 million stock awards. He does remain on the board. Some of the things, he decided that he wanted to move away from twitter and find someone to take his place. They now have an interim ceo who comes riding to the rescue. Jack dorsey himself, the cofounder. 2008, he was ousted. He has moonlighted