Jack Dorsey leaves Twitter board amid Musk takeover bid ...Middle East

The Hill - Technology
Jack Dorsey leaves Twitter board amid Musk takeover bid
source : The Hill ( Middle East ) () 32
Twitter co-founder Jack Dorsey is stepping down from the company's board effective today, a move that was expected and comes amid Tesla CEO Elon Musk's multi-billion-dollar bid to purchase the platform. “As we shared back in November, Jack would be leaving the Board when 'his term expires at the 2022 meeting of stockholders,'" a Twitter spokesperson said in a statement to The Hill. NBC News reported that the stakeholder meeting took place Wednesday. The co-founder's departure comes a month after Twitter announced an initial deal to sell itself to the world’s wealthiest man for some $44 billion.  However, Musk put his initial plans to purchase the social media platform on hol

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