All Posts Tagged Tag: ‘Jack Dorsey’

Here’s What Twitter CEO Jack Dorsey Says About Longer Tweets

Here’s What Twitter CEO Jack Dorsey Says About Longer Tweets

Reports emerged this week that Twitter is readying the launch of longer tweets. Word is that they will eliminate the 140-character limit and expand it to possibly 10,000 characters, which would parallel the recently increased limit on direct messages. CEO Jack Dorsey took to Twitter to share some words on the subject. He used an image of words to say …

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Square Ends Day 1 Up 45% From IPO Price

Square Ends Day 1 Up 45% From IPO Price

Square launched its initial public offering on Thursday. The company priced the offering of 27,000,000 shares of its Class A common stock at $9.00 per share. This was significantly less than previously announced plans to price the IPO at $11 to $13, but things looked better after the bell rang. It opened at $11.20 per share and climbed from there. …

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Square IPO Priced at $9 Per Share, Well Below Previous Plans

Square IPO Priced at $9 Per Share, Well Below Previous Plans

The big day for Square’s IPO is here. The company priced the offering of 27,000,000 shares of its Class A common stock at a public offering price of $9.00 per share. This is significantly less than previously announced plans to price the IPO at $11 to $13. 25,650,000 of the shares are being offered by Square, while 1,350,000 are being …

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If This Works For Twitter, Businesses Stand To Benefit

If This Works For Twitter, Businesses Stand To Benefit

It looks like Twitter is betting big on its recently launched Moments feature to help it grow its user base, which continues to grow at the rate of a snail’s pace. Whether or not marketers are able to benefit directly from the feature, everyone stands to gain something out of Twitter increasing its user base. Will Moments finally help Twitter …

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Twitter’s User Growth Is Absolutely Anemic

Twitter’s User Growth Is Absolutely Anemic

Once again, Twitter’s earnings have beat expectations. And once again, Twitter is reporting absolutely anemic user growth. In July, Twitter’s then-temporary CEO Jack Dorsey reported 304 million monthly active users (excluding SMS Fast Followers). “We are not satisfied with our growth in audience,” he said. Now, permanent Twitter CEO Jack Dorsey is reporting only 307 million MAUs for Q3. “We …

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Jack Dorsey Is Giving a Third of His Stock Away … to Twitter Employees

Jack Dorsey Is Giving a Third of His Stock Away … to Twitter Employees

Twitter CEO Jack Dorsey isn’t wasting any time making friends among his company’s workforce. Dorsey has announced that he’s giving about one-third of his Twitter stock back to his employees. That’s about $200 million. Dorsey has around 22 million shares. “I’m giving 1/3rd of my Twitter stock (exactly 1% of the company) to our employee equity pool to reinvest directly …

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Jack Dorsey Officially Twitter’s CEO

Jack Dorsey Officially Twitter’s CEO

Last week, we learned that Twitter was about to name co-founder and interim CEO Jack Dorsey permanent CEO. On Monday, they made it official. Most would agree that Dorsey is probably the right man for the job given his past with the company, but it has left questions about how he’ll be able to commit wholeheartedly to both Twitter and …

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Jack Dorsey Will Be Named Twitter CEO, Per Report

Jack Dorsey Will Be Named Twitter CEO, Per Report

Jack Dorsey, Twitter co-founder and interim CEO, will likely be named permanent CEO very soon. That’s according to sources quoted by Re/code, who say that the announcement could come as soon as Thursday. This does not mean that Dorsey will be giving up his position as CEO of Square – Dorsey will run both companies. Dorsey was named interim Twitter …

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It Looks Like Jack Dorsey Has a Big Decision to Make

Last week, Twitter announced that CEO Dick Costolo would be stepping down, surprising no one. Costolo’s last day is June 30, and on July 1 co-founder Jack Dorsey will take the reigns – on an interim basis. But is it really just interim? Does Jack Dorsey want to be the CEO of Twitter? Will Twitter drop the interim title pretty …

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Magic Johnson To Join Square’s Board of Directors

It’s been an interesting week for Square. Not long after it announced its new reader, which will feature Apple Pay, news came out that CEO Jack Dorsey is to take over the helm (on a supposedly interim basis) at Twitter, which he co-founded, as CEO Dick Costolo steps down. There has been speculation that Dorsey will take on the Twitter …

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Reports Suggest Dorsey Likely To Remain Twitter CEO

Last week, Twitter announced that CEO Dick Costolo is stepping down on July 1. The official word is that co-founder and original CEO Jack Dorsey, who is also the CEO of Square, will return to the role in the interim while Twitter’s board conducts a search for a permanent replacement. Based on responses Dorsey gave to questions about the subject, …

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Is Dorsey’s Role As Twitter CEO Really Just Interim?

On Thursday, Twitter announced that CEO Disk Costolo is stepping down on July 1, and that co-founder Jack Dorsey will step in as interim CEO as the board of directors conducts a search for a permanent replacement. The way in which Dorsey answered questions following the announcement, however, leaves some room for speculation about just how interim his position will …

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Dick Costolo Is Stepping Down As Twitter CEO

Well, I suppose it was only a matter of time. People have been calling for his ouster for quite a while, but the other top brass at Twitter has always had his back. Either way, Twitter just announced that Dick Costolo will step down as CEO on July 1. Costolo will remain on the company’s board of directors, and co-founder …

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ISIS Threatens to Kill Jack Dorsey, Twitter Employees

This weekend, someone writing on behalf of ISIS threatened Twitter co-founder Jack Dorsey and all Twitter employees, calling on supporters to not “allow any one of the atheists to survive.” A post claiming to be in response to Twitter’s “campaign to delete accounts” specifically addresses Dorsey, who appears with superimposed crosshairs over his face. “You started this failed war,” the …

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Jack Dorsey Tweets Praise For Twitter CEO

On Thursday, Twitter co-founder Jack Dorsey unleashed a series of tweets about Twitter’s place in the world, and showed support for CEO Dick Costolo, who has been under fire from some investors and analysts of late. Some are calling for his ouster, but Dorsey appears to have set out to affirm that he’s still the right man for the job. …

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Dorsey: Square To Support Apple Pay Next Year

Square indicated in September that Square Register would eventually support Apple Pay, which officially launched last month. Founder Jack Dorsey reaffirmed Square’s support for the product in a CNN interview. Here’s a snippet from the article: Apple Pay and Square have generally been viewed as competitors in the mobile payment space, but Dorsey doesn’t see it that way. “We’re not …

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Biz Stone Looks To Lead Jelly As A Cross Between Evan Williams, Jack Dorsey and Dick Costolo

Twitter co-founder Biz Stone appeared on Bloomberg Television today to talk about his new app Jelly, but ended up talking a bit about Twitter as well. His time at Twitter and the people he worked with there are apparently having a major affect on Stone’s first go at the CEO role. “It sounds kinda cheesy to say this, but I …

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Twitter Stock Makes Co-Founder Jack Dorsey a Billionaire

Everyone knew that there was a lot of money to be made when Twitter went public, but what Twitter opened at on the New York Stock Exchange far exceeded the company’s expectations. So what does this mean for Twitter co-founder Jack Dorsey and others? Cha-ching! Thanks to Twitter, Dorsey has now been elevated to billionaire status. just setting up our …

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Square Eyeing 2014 IPO, According to Report

Today, everyone is talking about the big Twitter IPO. Next year, we may be talking about Square putting forth an initial public offering. The common thread here is Jack Dorsey, of course. The Twitter co-founder is also the founder and CEO of mobile payments company Square – a company that may be eyeing an IPO of its own. The report …

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Jack Dorsey Vines His Trip Up The Bay Bridge

Twitter co-founder Jack Dorsey shared an interesting (and somewhat nauseating) series of Vines today, as he took his smartphone while he climbed the Bay Bridge. Thanks to Dorsey’s venture, we’re treated to a rather close-up look at the structure of the bridge and at what the scenery (and cars) look like below. Enjoy the ride (please allow a few seconds …

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Square Opens Up in Japan, Its First Expansion Outside of North America

Japan, say hello to Square. The mobile payments platform has just announced that it is now available in your country. Square is available in Japan with the support and partnership of Sumitomo Mitsui Card Corporation (SMCC). Responsible for introducing Visa to Japan, SMCC is widely recognized and respected for its ability to provide a wide range of solutions, including a …

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Twitter Finally Patents the Concept of Twitter

Twitter – the actual concept of Twitter – is now patented. U.S. Patent 8,401,009 just went through, with Jack Dorsey and Biz Stone listed as inventors. It’s a vague and overarching concept of a “device independent message distribution platform,” first filed in 2007. Here’s the abstract (aptly titled, in the situation): A system (and method) for device-independent point to multipoint …

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Watch Jack Dorsey’s ’60 Minutes’ Segment [VIDEO]

Twitter co-founder and Square CEO Jack Dorsey was profiled on 60 Minutes last night, in a segment titled “The Innovator.” You can watch the full interview below, in which Dorsey talks Twitter, Square, and his desire to be the mayor of New York City someday.

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Zuckerberg, Gates, Dorsey, and More Advocate for More Programmers

A new campaign looks to teach people about a “superpower” that is only being taught in about 10% of U.S. schools. We’re talking about programming, and an array of high-profile tech figures and celebrities are throwing their support behind the new initiative. Bill Gates, Mark Zuckerberg, will.i.am, Chris Bosh, Jack Dorsey, and Gabe Newell are some of the big names …

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Square Launches In Canada, Marking First International Expansion

Square announced today that it has launched in Canada, marking its first step into international territory. “Canada is Square’s first market outside the US,” the company says in its announcement. “Over 2 million individuals and businesses can already accept credit cards with Square, and Square is processing over US$8 billion in annualized payments.” “We are focused on making commerce easy …

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Twitter Co-Founder Jack Dorsey Is Only Spending One Day A Week At The Company

The New York Times ran a piece this week about Twitter, saying that CEO Dick Costolo is “essentially running the business alone,” and that co-founder Jack Dorsey, who returned to the company last year after leaving in 2008, has assumed a reduced role at the company “after employees complained that he was difficult to work with and repeatedly changed his …

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Square Closes New Round Of Funding From Starbucks And Co.

Square announced today that it has closed a Series D round of funding from Citi Ventures, Rizvi Traverse Management, and Starbucks Coffee Company. The company said in its announcement: One year ago, Square had approximately 150 employees and processed over $1 billion in payments on an annualized basis. Today, Square has over 400 employees and is processing over $8 billion …

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Starbucks Should Help Push Square Further Into The Mainstream

Square announced that Starbucks has signed up for the service, which is obviously a HUGE step in major Square adoption. “Square began with a really simple idea: everyone should be able to accept credit cards,” said CEO Jack Dorsey, in a letter to Square merchants. “It should be easy and free to get set up, it should use simple technology …

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Square Inc. Hits the Two Million User Mark

Square Inc., Twitter co-found Jack Dorsey’s latest venture, has really taken off lately. Just about six months ago, the company reached a milestone of 1 million users. Today, they reached another milestone and now have over 2 million users. Annually they are processing $6 billion in mobile payments and are being used by over 20,000 retailers. Square’s biggest threat comes …

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Square Inc. Doubles its Reach to Over 20,000 Retailers

Back in April, Twitter’s Jack Dorsey announced that his newest venture, Square Inc was already processing about $5 billion worth of transactions per year, and being used at almost 10,000 stores around the country. Today, that number has doubled and Square is an accepted form of payment at over 20,000 outlets nationwide. For about ten bucks you can go to …

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