Its 6 00 in london. Lets talk about one of the big stories of the morning twitter. Lets bring you the share price. You can see it on the screen beside me. Dick costolo is out as ceo, back comes jack dossey. The man who sent the first ever tweet back in 2006 can he dragged more revenue out of the business . Lets put this in the longterm perspective and show you how the share prices are over a longer time. A longer time period. The expectation was built up around this since november, 2013. The stock closed at 35. 84. Lets move on to talk about Something Else that is greece. It seems that the diplomatic niceties have once of again evaporated in brussels. Greece has been told to stop fighting its creditors demands, and the imf is talking about major differences between them and the greek delegation. We have some great guests who will be able to add to the conversation about greece. We are also going to be talking about tennis, because it is friday. How can that sport fight against the thre
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
Its 6 00 in london. Lets talk about one of the big stories of the morning twitter. Lets bring you the share price. You can see it on the screen beside me. Dick costolo is out as ceo, back comes jack dossey. The man who sent the first ever tweet back in 2006 can he dragged more revenue out of the business . Lets put this in the longterm perspective and show you how the share prices are over a longer time. A longer time period. The expectation was built up around this since november, 2013. The stock closed at 35. 84. Lets move on to talk about Something Else that is greece. It seems that the diplomatic niceties have once of again evaporated in brussels. Greece has been told to stop fighting its creditors demands, and the imf is talking about major differences between them and the greek delegation. We have some great guests who will be able to add to the conversation about greece. We are also going to be talking about tennis, because it is friday. How can that sport fight against the thre
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
Oil prices. Its great news for u. S. Consumers, and increasingly bad news for a few u. S. States. And fight for freedom, today marks 365 days behind bars for three of our al jazeera journalists in egypt who were jailed and remain in prison in egypt for doing their jobs. We begin with the grim expectations now for air asia flight, it has been two days since the jet disappeared, and so far there has been no sightings of the wreckage. The uss sampson is on its ways to help in the search mission. Indonesia has been leading the mission since the airbus a320 vanished sunday morning . East asia it is Tuesday Morning and the daylight recovery effort is underway for a third day. The search area in the joba sea has always been expanded. Reporter another day of anxious waiting for the relatives of the people on the missing airlines. Andreas sisterinlaw was on the plane. She and friends were headed to singapore to celebrate the new year. We hope that [ inaudible ] and the team will found the plane