UPDATE: According to Jack Dorsey’s Twitter account, Dorsey has officially resigned from Twitter. Dorsey released a letter from his Twitter account stating that he had resigned and stated that “this was my decision.” He also named Parag Agrawal, Twitter’s CTO, as his replacement.
JUST IN – CTO Parag Agrawal will replace Jack Dorsey as Twitter CEO. pic.twitter.com/rjhHvsYqdI
— Disclose.tv (@disclosetv) November 29, 2021
Jack Dorsey, founder, and CEO of the social media platform Twitter is expected to step down according to reports.
CNBC reported on Monday that Dorsey is “expected to announce that he will be stepping down as the company’s CEO in the near term.”
At this time, it’s unclear why Dorsey may be stepping down, however, The Guardian reported that he’d been facing ” pressure from Twitter stakeholders Elliott Management and billionaire investor Paul Singer to step down from one of those roles.” The other role being the CEO of the digital payment company “Square.”
His time as CEO has come with a myriad of controversial and ultimately dangerous decisions. This includes the permanent suspension of President Donald Trump, a move Dorsey acknowledges set a dangerous precedent.
Under Dorsey, the site’s left-leaning bias was clear and apparent, enforcing its rules selectively and allowing those who espouse left-leaning viewpoints to stay on. For instance, Texas Rep. Dan Crenshaw called Twitter out for not enforcing their rule about encouraging harassment of others against a Jezebel writer who encouraged people to harass Arizona Sen. Kyrsten Sinema.
Dorsey also made the call to ban the spread of the New York Post article that contained the story about Hunter Biden’s laptop, which Dorsey later admitted was a mistake.
RedState will continue to update this story as information develops.