Dark clouds rose over Twitter last week. Some investors have tried again to change the chair of CEO, where the founder Jack Dorsey is sitting. However, cryptocurrency lover Jack Dorsey also has powerful friends, so a giant wave has risen to support him. Among those defending CEOs are Ethereum founder Vitalik Buterin, SpaceX owner and Tesla Elon Musk.
Â
Elon Musk and Vitalik Buterin are behind Twitter
Â
Twitter hashtag #StandWithJack, which acts as a voice for the long-standing CEO of the company. Again, many active investors are trying to knock them out of their chairs. Paul Singer, a billionaire who, with his $ 1 billion investment, plans to redo the entire social network concept, has the greatest voice. But Jack doesn’t want to allow it.
Â
Singer is a well-known political activist who likes to invest in Republican politicians. Twitter sees as a social network that works against the Conservatives and deliberately delays them. He wants to use his share to change to the position of CEO and to change how the network works with information.
Â
Both geniuses objected.
Â
I also #StandWithJack. Twitter certainly has flaws but @jack has done a vastly better job than what I expect/fear from a hedge fund appointed CEO swooping in to replace him.
— vitalik.eth (@VitalikButerin) March 5, 2020
Context: https://t.co/GuuWBGLmoj https://t.co/EFUZpYr4b8
- Tough Blow for Bitcoin: No US Interest Rate Cuts Anytime Soon - February 5, 2025
- Texas Governor: Establishing a Bitcoin Reserve is a Top Priority for 2025 - January 30, 2025
- Ross Ulbricht Released After 12 Years with a Crypto Wallet Worth $47 Million - January 24, 2025