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Twitter CEO Jack Dorsey is expected to step down

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the staff of the Ridgewood blog

Ridgewood NJ, CNBC reported this morning that Twitter CEO Jack Dorsey is expected to step down from his role at the social media company. Dorsey is the CEO of both Twitter and Square, a financial company that serves both consumer and corporate customers with payment, cash management and transference services.

Twitter’s stock rose on the news that Dorsey may step down, trading up 6.1% as of the time of writing after giving up some early gains in the first minutes of the week’s trading cycle.

Twitter at a Glance:

Twitter currently has 396.5 million users
Twitter brought in $3.72 billion in revenue last year (2020)
206 million users access Twitter daily. 75% of them are not based in the US
Twitter is most popular among users aged 25-34
8.85% of the worldwide social media users access Twitter
Worldwide, men use Twitter more than women
Quarterly Twitter revenue is over$1.1 billion as of Q2, 2021
In the US, 92% of tweets come from the top 10% of users
On average, Twitter US users spend 158.2 minutes per month on the app
In the US, Twitter app was downloaded over 6 million times in Q4 2020. The vast majority of app downloads were from the App Store

5 thoughts on “Twitter CEO Jack Dorsey is expected to step down

  1. We call that ‘addition by subtraction’.

  2. scumbag liberal puppet

    11
  3. Twitter banned Trump because of “hate speech”. Guess who the deciders of what “hate speech” consists of?

  4. I hear his successor believes in censorship more than he did.

    What’s that they say about the ancien Régime?

  5. get that dead rat off his chin
    NEVER trust a bearded man.

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