211 million daily active users at last count. and meta has about 1.9 billion. so that s give or take 10% of the same audience. and it makes a lot less money. ok, what do we know? we know that the new person to replace him is parag agarwal. he s the new ceo. what do we know about him? he s been at the company since 2011, where he started as an engineer. he s been chief technology officer for the last four years. so he s been on a level with jack dorsey, talking to him directly and steering things like product launches for a very long time. so he s fairly well embedded in the company. john thornhill, i d like to bring you in here, tech columnist at the financial times, as everyone knows, who i m sure has been listening. you know, the share price actually rose whenjack dorsey announced he was leaving. what do you think was going on? well, i think the company, as isobel was saying, - has been under a lot-
at the financial times, as everyone knows, i m sure, who has been listening. you know, the share price actually rose whenjack dorsey announced he was leaving. what do you think was going on? well, i think the company, as isobel was saying, - has been under a lot of criticism for a long time it hasn t performed very well, unlike facebook or meta - or google and youtube. it has really been - an also ran when it comes to advertising on social media. and so there s been a lot - of activist investors who wanted to get rid of dorsey. and dorsey also has a second job. he s the chief executive of square, which is a payments processing - company, which is worth a lot more money than twitter, and he has - a bigger stake in that - than he does in twitter as well. so i think it was all lining up. it s been a long time that shareholders have been. wanting to push him out. but it feels like the new boss is arriving into a very different atmosphere. you know, here in britain, we ve got this online
ok, and now the new ceo? we know that the new person to replace him is parag agarwal. he s the new ceo. what do we know about him? he s been at the company since 2011. where he started as an engineer. he s been chief technology officer for the last four years. he s been on a level with jack dorsey, talking to him directly and handling things like product launches for a very long time. so, he s fairly well immersed in the company. john thornhill, i want to bring you in here, tech columnist at the financial times, as everyone knows, who i m sure has been listening. you know, the share price actually rose whenjack dorsey announced he was leaving. what do you think was going on? well, within the company- as isobel was saying he s been under a lot of criticism for a long time. - it has not performed very well, unlike facebook or meta -
so he s fairly well embedded in the company. john thornhill, i d like to bring you in here, tech columnist at the financial times, as everyone knows, who i m sure has been listening. you know, the share price actually rose whenjack dorsey announced he was leaving. what do you think was going on? well, i think the company, - as isobel was saying, has been under a lot of criticism for a long time. - it hasn t performed very well, unlike facebook or meta - or google and youtube. it has really been - an also ran when it comes to advertising on social media. and so there s been a lot of. activist investors who wanted to get rid of dorsey. and dorsey also has a second job. - he s the chief executive of square, which is a payments processing - company, which is worth a lot more money than twitter, - and he has a bigger stake in that than he does - in twitter as well. so i think it was all lining up. it s been a long time that shareholders have been. wanting to push him out. but it sounds like