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 said in a statement obtained by The Hill.
This comes amid the Twitter takeover bid of billionaire Tesla and SpaceX boss Elon Musk. That deal was “temporarily put on hold” before Musk said he wants to slash his initial $44 billion takeover offer until there is more clarity on the website’s spam bots….