News

Should Zuckerberg follow in Dorsey’s lead?

Published

2 years ago

November 30, 2021

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.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

1 day ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

1 day ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

2 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending