Category: Jack Dorsey

Jack Dorsey Retains Stake in Twitter, Saving Elon Musk $1 Billion

Twitter co-founder and former CEO Jack Dorsey has retained his 2.4 percent stake in the social media platform after it was acquired by Tesla CEO Elon Musk, according to a new filing with the Securities and Exchange Commission. According to the filing, Dorsey retained more than 18 million shares in Twitter, valued at about $1 billion when the company became private. The…


Dorsey’s Social Media Network Gains Traction Following Musk’s Twitter Takeover

Founder and former Twitter CEO Jack Dorsey’s new platform, Bluesky, picked up steam as some Twitter users look for alternative options amid Elon Musk’s recent takeover. The beta-mode app has reportedly registered 30,000 signups on its waiting list. “Wow. 30k signups for our app’s waiting list in the last two days! Thanks for the overwhelming…


Elon Musk, Jack Dorsey Private Text Messages Expose Reasoning Behind Twitter Takeover  

In the weeks leading up to Elon Musk’s announcement to purchase Twitter, the billionaire CEO was bombarded with text messages from business leaders, media personalities, and celebrities, a new court filing revealed (pdf). The text messages provided insight into the many private conversations involving Musk and other prominent individuals during his quest to purchase the…


Parade in San Francisco Celebrates Over 400 Million Quitting CCP

SAN FRANCISCO—Hundreds of Falun Gong practitioners from around the San Francisco Bay Area held a parade in San Francisco on Aug. 20 to celebrate millions of people quitting the Chinese Communist Party (CCP). “I’m very happy. Now there’s 400 million people quitting the CCP,” Hong Zhang, a Falun Gong practitioner, told NTD, sister media outlet…


Capitol Report (Aug. 8): New Bill to Provide 87K New IRS Agents; Trump, Biden Weigh In on China Threat

Democrats on Capitol Hill are pushing to close out a big package this week, expanding the government’s role in multiple sectors including health care and energy. Virginia Congressman Bob Good spoke with NTD to discuss the implications of the bill and how he plans to vote on it when it lands in the House later…


Bill Introduced to Stop CCP from Buying Farmland; CPAC Speakers: Far Left Taking Over the US | NTD News Today

The Senate passes the multi-billion dollar health and climate bill, in what could be a historic win for Democrats. But lawmakers and analysts are divided over whether or not it will help reduce inflation in the long run. Speakers at CPAC are focused on stopping socialism from spreading in the U.S. One of the speakers…


Jack Dorsey Calls for End to Chinese Communist Party

As the international community increasingly turns away from the Chinese Communist Party, Twitter’s former CEO Jack Dorsey appears to be joining the trend. “End the CCP,” he wrote Aug. 6 on the platform he co-founded. The three-word message, earning over 2,200 shares and 12,400 likes in three hours’ time, came in response to a video in…


Elon Musk Wishes Jack Dorsey Stayed on Twitter Board, but That Horse Has Already Bolted

When Tesla Inc. CEO Elon Musk, who is attempting to take over Twitter Inc., noted that the company’s founder Jack Dorsey had quit the social media firm’s board of directors, the latter reacted with an emoji. What Happened Dorsey posted an emoji of a galloping horse in response to Musk’s tweet. Jack off the board!…


Jack Dorsey Steps Down from Twitter Board

Twitter’s former CEO Jack Dorsey has reportedly stepped down effective immediately from his seat on the social media platform’s board after a stakeholder meeting on Wednesday. The move was expected after Twitter “shared back in November” that Dorsey would leave the board when his term expired at the 2022 meeting of stockholders, a Twitter spokesperson…


Dorsey Agrees With Musk on Trump’s Twitter Ban

Twitter co-founder Jack Dorsey said he backs Tesla CEO Elon Musk’s plan to reinstate former President Donald Trump’s account on the platform, calling the move to ban Trump a “business decision” and a “failure.” Musk suggested on Tuesday he would overturn Trump’s suspension from Twitter if his takeover bid for the social media platform ends…