悬赏1000虎币Twitter CEO Jack Dorsey is stepping down as chief of the social media company. Dorsey was serving as both the CEO of Twitter and Square, his digital payments company. He will be succeeded by the company’s CTO, Parag Agrawal.
Parag Agrawal, twitter’s chief technology officer, is taking over as CEO effective immediately. Agrawal is a “‘safe’ pick who should be looked upon as favorably by investors”, wrote the CFRA Research analyst Angelo Zino. That means we can expect more of the same under him in terms of policy and company direction, experts say – including plans to continue Twitter’srecent strategy to double its annual revenue by 2023 and focus on its long-term ambition to rebuild how social media companies operate.
Shares of Twitter closed down 2.74% on the day. The company currently faces a host of challenges, including slow growth in its user base as competitors like TikTok and Instagram lure away younger demographics, as well as continuing struggles with misinformation and hate speech.
Someone says, "Dorsey was one of the company’s co-founders, and he’s been an active player since Twitter’s founding in 2006. In many ways, Dorsey represented the soul of Twitter." However, Parag Agrawal had been in charge of strategy involving artificial intelligence and machine learning and he led projects to make tweets in users’ timelines more relevant to them.
- How Does a Change in CEO Impact Stock Price?
- Will Parag Agrawal bring any new opportunities to Twitter?
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