"After replacing much of Twitter’s top management team last year, Dick Costolo told members of the company’s board that he wanted them to replace him as chief executive, too.Twitter’s C.E.O., Dick Costolo, Is Set to Exit, Feeling Heat of Criticism - NYTimes.com
On Thursday, they did just that, announcing that Mr. Costolo will step down July 1 and appointing Jack Dorsey, Twitter’s co-founder and former chief, as interim chief executive while they look for a permanent successor."
Friday, June 12, 2015
Twitter’s C.E.O., Dick Costolo, Is Set to Exit, Feeling Heat of Criticism - NYTimes.com
Summarizing my take on the Twitter news coverage this morning: for sale