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Should Zuckerberg follow in Dorsey’s lead?

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The Co-founder and face of Twitter, Jack Dorsey has shocked the world, announcing that he will be stepping down from his role of CEO of the company, effective immediately

In a statement, Dorsey says “I’ve decided to leave Twitter because I believe the company is ready to move on from its founders”.

“There aren’t many companies that get to this level’,” Dorsey concluded.

“And there aren’t many founders that choose their company over their own ego.”

Twitter’s current chief technology officer, Parag Agrawal will step up to the top job.

Dorsey’s statement continued, adding “my trust in Parag as Twitter’s CEO is deep. His work over the past 10 years has been transformational. I’m deeply grateful for his skill, heart, and soul. It’s his time to lead.”

The outgoing leader will remain a member of the social media giant’s board until at least next year.

His departure comes six years after he returned to the chief executive role to help turn around the business.

Should Zuckerberg follow suit?

There are a number of tech leaders Dorsey could be referring to in his resignation.

Facebook has been the subject of a number of controversies over the past few years, calls with calls for Zuckeberg’s removal.

There have been criticisms of his leadership style.

According to Fortune, Dorsey has previously poked fun at Zuckerberg’s ambitions to focus his company on the “metaverse,”

During Dorsey’s tenure, Twitter achieved profitability, posted its first billion-dollar quarter and began testing and releasing a wide range of features to draw in users.

But in recent times, Twitter has been unable to escape the challenges of content moderation and growing scrutiny from members of the public and global lawmakers.

Following Dorsey’s announcement, shares of Twitter jumped as much as 10 per cent in pre-market trading Monday, before retreating.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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China seeks to establish itself as EV leads

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China’s dominance in the electric vehicle (EV) market is reshaping the global automotive landscape, as acknowledged by Elon Musk, who views Chinese car companies as Tesla’s most formidable competitors.

 

Beyond being a manufacturing hub, China has excelled in EV development, influencing the industry across resource refining, battery production, software, and manufacturing. Established brands such as Audi, Toyota, and BMW are now collaborating with Chinese partners for EV platforms, batteries, and production. This shift is evident in Australia, where China-made car sales have surged 16-fold in the last five years, and top-selling EVs are predominantly Chinese.

Leading Chinese brands like BYD, SAIC Motor’s MG, and Chery are making significant strides in Australia, with ambitious plans and models that outperform established competitors. China’s impact extends beyond its borders, making it a driving force in the global EV market, shaping growth, innovation, and competition in sustainable mobility.

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Is remote learning here to stay?

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The Great Transformation – how will we learn in the futre?

 
The rise of the digital age has transformed news, media and entertainment and there are signs that it may affect education as well.

Host of The Great Transformation Professor Tim Harcourt from the University of Technology Sydney, gives his predictions about how we will learn in the future.

#featured #the great transformation #tgt

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Can this climate group agree on anything?

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The global climate summit has hit a roadblock as delegates clash over the contentious issue of a fossil fuel phase-out.

 
Tensions reached a fever pitch after OPEC nations vehemently pushed back against the proposed measures, leading to an impasse that threatens progress on tackling climate change.

As world leaders gathered in an effort to accelerate the transition away from fossil fuels and limit global warming, the negotiations took an unexpected turn.

The deadlock has left environmental activists around the world frustrated, as hopes were high for a breakthrough agreement. #featured #climate #cop28

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