Tuesday, March 29, 2011

Dorsey Named Twitter’s Executive Chairman Amid Facebook Fight - Businessweek

Expectations now set at ~infinity…

Twitter Inc. co-founder Jack Dorsey will become executive chairman and head of product development as the company aims to narrow Facebook Inc.’s lead in online advertising and get users to be more active on its site.

The move means Dorsey, who stepped down as Twitter’s chief executive officer and became chairman in 2008, will play a more hands-on role at the San Francisco-based provider of microblogging. He will also remain CEO of Square Inc., the mobile-payments provider he co-founded in 2009.

Dorsey Named Twitter’s Executive Chairman Amid Facebook Fight - Businessweek

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