Who is Jack Dorsey

Dorsey, who is now running financial payments platform Block (earlier Square), said that no one should be the CEO of Twitter

But market is filtering out non-worthy assets

Jack Dorsey, who currently heads payments firm Block Inc, owns a 2.4% stake in Twitter, according to Refinitiv

"I think it was a morally bad decision to be clear and foolish in the extreme," Jack Dorsey said at a Future of the Car event hosted by the Financial Times

It is important to me that we get critical feedback in all of its forms, but also important that we get the space and time to address it. All of that should be done publicly: Jack Dorsey

Musk, who on April 25, 2022, sealed a deal to buy Twitter for $44 billion, criticised board members for owning almost no shares of the company they oversee.

Dorsey, who took the company public in 2013, said Twitter has been "owned" by Wall Street and that taking it private was the "correct" first step.

Dorsey, who left Twitter in November last year -- handing over the baton to Indian-origin Parag Agrawal -- remains a board member until next month with his 2.2% share

Musk was responding to a tweet about board members' stock holdings, saying that with the departure of Jack Dorsey, the board "collectively owns almost no shares."

Meta's crypto-currencies, internally dubbed 'Zuck Bucks', are intended for the metaverse and may not be based on blockchain, the FT report said, citing sources

In a tweet, Dorsey who now focuses on Blockchain and cryptocurrencies via his financial services company Block (earlier Square), lamented over the current state of the Internet.

Low investments in tech weigh India down, leaving a shortage of top talent

Web3, also known as Web 3.0, is an idea for a new Internet that incorporates decentralisation based on blockchain

New Twitter CEO Parag Agrawal has begun restructuring the company and two senior executives have already stepped down as part of the reorganisation plan.

Here is the best of Business Standard's opinion pieces for Friday

Parag Agrawal will take over from Jack Dorsey as the CEO of Twitter in 2022

Jack Dorsey''s financial services company Square has announced to change its name to Block, effective from December 10, as the former Twitter CEO renews his focus on Blockchain and crypto.

"If I weren't at Square or Twitter, I'd be working on bitcoin," Jack Dorsey had said at a packed Miami conference in June

Jack Dorsey, who is stepping down after six years as Twitter's chief executive, is one of the tech leaders who seem to have grown tired of managing their empires

For Parag Agrawal, the IIT Bombay alumnus who has succeeded Jack Dorsey as the Twitter CEO, one of the biggest tasks at hand would be content moderation