Former Twitter CEO Jack Dorsey issued his sharpest criticism yet of Elon Musk’s leadership of Twitter, saying Musk has not proved to be the platform’s ideal steward — and should have walked away from buying the site
Dorsey said he didn’t think Musk “acted right” after pursuing the site and realizing his potential mistake, adding that he did not believe the company’s board should have forced the sale.Musk did not respond to a request for comment on Dorsey’s remarks. Musk appeared on Friday night’s “Real Time With Bill Maher” on HBO, and spoke on topics including his time in charge of the company, a recent meeting with U.S. Senate Majority Leader Charles E.
“It was on a fast track to bankruptcy,” Musk said of Twitter. “So I had to take drastic action. There wasn’t any choice.”Musk took over Twitter in October after amassing a sizable stake in the company in early 2022, accepting — then reneging on — a board seat, and ultimately mounting a hostile takeover attempt in April. He offeredThe Twitter board accepted Musk’s buyout by late April, commencing a deal that would take the company private.
Soon after the agreement, Twitter’s valuation fell significantly as economic pressures weighed heavily on the company and Tesla’s stock, the latter sharply reducing Musk’s net worth. Musk announced his intention to back out of the deal, and Twitter sued Musk to force him to complete the acquisition.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Jack Dorsey says Elon Musk was the 'only alternative' to save TwitterJack Dorsey says Elon Musk was the 'only alternative' for Twitter because it would have 'never survived' as a public company
Leer más »
Twitter’s former CEO Jack Dorsey has a new app that looks a lot like TwitterThe buzzy new social media app of the moment looks so much like Twitter it’s almost hard to distinguish the two. The profiles, timelines and colors are nearly identical. Even the creator is t…
Leer más »
How Elon Musk and Jack Dorsey's bromance has evolvedJack Dorsey went from being 'really happy' about Elon Musk joining Twitter's board to saying he shouldn't have bought it. Here's how their bromance has evolved.
Leer más »
Jack Dorsey-backed Bluesky is an invite-only Twitter rivalInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Jack Dorsey-founded app Bluesky sees surge of interest as 'Twitter 2.0'Bluesky, a decentralized clone of Twitter, has a surge of interest and sign-ups from users disgruntled with the ownership of Elon Musk.
Leer más »
Dorsey says Musk shouldn't have bought Twitter: 'he should have walked away'Jack Dorsey once called Elon Musk the 'singular solution' for taking Twitter private. Now, the app's co-founder says Musk never should have bought it: 'I think he should have walked away'
Leer más »