Jack Dorsey: Celebs Rumors

As their bromance heats up, Jack Dorsey has weighed in again to support Elon Musk’s pending acquisition of Twitter following news the Tesla CEO wants him to retain a stake and stick around.

CNBC, which cited unnamed sources.The Tesla CEO will take over as CEO of the social company for several months after the deal closes to take Twitter private for $44 billion. This comes as the San Francisco giant now faces an uncertain future under Musk’s potential ownership.

Elon Musk has unveiled a group of investors that together will provide about $7.14 billion in financing commitments for his pending $44-billion acquisition of Twitter, and said he’s talking to Twitter founder Jack Dorsey about sticking around as part owner.

leaned into censoring certain users and content in the months leading up to his resignation.How things have already changed.Dorsey is among a new group of investors being floated by Elon Musk, the free-speech champion massing billions to complete his purchase Twitter, to participate as an investor in his private version of the company, according to a Securities and Exchange Commission filing from Thursday.The more than $7 billion in new money includes 19 investors, some of whom are current Twitter shareholders – including Larry Ellison, Sequoia Capital, Qatar Holding, and Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud of Saudi Arabia. Equity commitments range from $1 billion (Ellison) on down to $5 million (Honeycomb Asset Management).It wasn’t immediately clear how the $7 billion would fit into the standing $44 billion offer that Musk made for the company, which was accepted late last month.

Todd Spangler NY Digital EditorElon Musk is getting a little help from billionaire friends for his $44 billion Twitter takeover.According to an SEC filing Thursday, Musk has secured $7.14 billion in new financing commitments for the Twitter bid, including $1 billion from Larry Ellison. Ellison, co-founder and CTO of software giant Oracle, also sits on the board of Tesla, which Musk heads as CEO.In addition, Prince al-Waleed bin Talal of Saudi Arabia committed to retain the equity he owns in Twitter — his 35 million shares are worth $1.9 billion at Musk’s buyout offer — instead of receiving a cash payout, per the filing.Musk “will continue to have… discussions with certain existing holders” of Twitter stock, including ex-CEO Jack Dorsey, to contribute their shares toward his bid, according to the filing.

Elona” after a Putin-allied war-lord called him that – is now touting his “Shadow Crew,” a mocking response to a Wall Street Journal story suggesting a cabal of influential friends, described by the paper as a “secret crew of billionaires and misfits,” were egging him on to buy Twitter.“My Shadow Crew is sickkk!” he tweeted, adding: “Also, who are they again?”My Shadrow Crew is sickkk!Also, who are they again?The tweet was a reply to Silicon Valley investment titan Marc Andreesen, who posted the Journal story and said Musk has “a shadow crew of misfits egging you on.”So who are these misfits, supposedly? The Journal didn’t give a very long list, naming only former Twitter CEO Jack Dorsey and Seth Dillon, CEO of the conservative-leaning satire site Babylon Bee. Three people might be enough for a “crew,” but might be a bit light for, say, branded merch.Sell Shadow Crew merch to buy Twitter?There may be others, unnamed “crew” – the Journal reported that he’s “dismayed” that Donald Trump isn’t on the platform, citing “people who have spoken to him” – but no one else was named.Twitter’s board has accepted Musk’s offer to take the company private for $44 million, which still has some financial and regulatory hurdles to clear before being finalized.

purchase of Twitter. While some rejoiced the news, others vowed to leave the site due to the Tesla CEO’s ownership of the social media site.

Radiohead song.The Tesla founder and entrepreneur successfully acquired the social media platform yesterday (April 25) for approximately $44billion (£34.5b), per The Independent.His offer was initially turned down by Twitter, which put a “poison pill” measure in place to stop a takeover attempt by Musk. However, the two parties later entered talks before the deal entered its final stages of negotiations.Dorsey shared a statement about the purchase with a link to Radiohead’s ‘Kid A’ track, ‘Everything In Its Right Place.’https://t.co/jeNtFyRrpR— jack⚡️ (@jack) April 26, 2022He then added: “I love Twitter. Twitter is the closest thing we have to a global consciousness.”I love Twitter.

Elon Musk’s divisive $44 billion dollar Twitter takeover has sparked threats of exodus by a pearl-clutching segment of Twitter users, who claim that the social media platform will become a cesspool of hate with the Tesla boss at the helm. The hashtags “#RIPTwitter” and “DeleteTwitter” were trending Monday — but so far there’s no proof self-proclaimed progressives are following through.

Pat Saperstein Deputy EditorTwitter co-founder and former CEO Jack Dorsey commented on Elon Musk’s acquisition of the social media platform on Monday night, kicking off his thread with Radiohead’s song “Everything In Its Right Place.”“I love Twitter. Twitter is the closest thing we have to a global consciousness,” he wrote.After stepping down from Twitter in November 2021, Dorsey continued to sit on the company’s board of directors. The board approved Musk’s $44 billion acquisition Monday morning.I love Twitter.

Twitter stock popped higher Monday, heading closer to Elon Musk’s $54.20-per-share offer, as he bad-mouthed the company’s board amid rumors of other possible bids.

Billionaire Elon Musk has joined Twitter’s board of directors, a day after it was announced he had become the social media company’s largest shareholder.

filing Monday with the Securities Exchange Commission, the Tesla and SpaceX boss has gobbled up a 9.2% stake in Twitter — which was worth $2.9 billion at the close of trading on Friday.Given the stock’s surge on Monday, Musk’s stake is now worth $3.84 billion — suggesting that he’s already seen nearly $1 billion in gains on his investment. Musk’s investment follows his public criticism of the platform’s content moderation policies.

disclosed in a Securities and Exchange Commission filing that Musk had become its biggest shareholder. The early-morning news was embraced by Wall Street, which boosted shares to their highest level since last November and lifted the social media giant’s market cap to $40.01 billion.Musk’s investment follows his public criticism of the platform’s content moderation policies.

Tesla founder Elon Musk has acquired 73.5 million shares in Twitter, or 9.2% of the company, sending its shares up more than 20% but prompting uneasiness about his intentions.

filing Monday with the Securities Exchange Commission. The move was announced about one week after Musk criticized the social media platform for “failing to adhere to free speech principles” and cryptically asked, “Is a new platform needed?”Musk’s stake is worth nearly $2.9 billion, based on Friday’s market close.

Brian Steinberg Senior TV EditorA tech-news media start-up aims to forge ahead with a look into the world of Web3.Dot Dot Dot, founded by Laurie Segall and Derek Dodge, is launching D3, a news and media network that aims to explore the human and cultural impact of the growing digital business built around companies that provide services in exchange for personal data, which can range from blockchain technology and decentralized apps to token-based economics.“I got my start covering then little-known founders of companies like Airbnb, Instagram, and Uber when folks weren’t paying attention. They’ve turned into behemoths that transformed society,: says Segall.

Rihanna‘s Clara Lionel Foundation will donate $15million to a diverse range of organisations working on climate justice.As the Associated Press report, the foundation has pledged the money to 18 different groups working in the United States and throughout the Caribbean in partnership with #StartSmall, Twitter co-founder Jack Dorsey’s philanthropic initiative.In a press statement, Rihanna – who was born and raised in the Caribbean island nation of Barbados – noted: “Climate disasters, which are growing in frequency and intensity, do not impact all communities equally, with communities of color and island nations facing the brunt of climate change.”As such, she explained, the grants are specifically focused on supporting organisations which are led by women, young people, Black, Indigenous, people of colour and LGBTIQ+ communities.Some of the organisations who will receive funding from the initiative include the Climate Justice Alliance, the Black Feminist Fund, the Movement for Black Lives, the Indigenous Environmental Network, the Caribbean Climate Justice Project, the Caribbean Youth Environment Network and more. You can see a full list of organisations here.Rihanna set up her Clara Lionel Foundation in 2012 in honour of her grandparents, Clara and Lionel Braithwaite.

Rihanna keeps warm in a fuzzy orange coat while out and about in New York City on Wednesday night (January 26).

Jem Aswad Senior Music EditorRihanna is putting $15 million behind her belief that climate change is a social justice issue by making that sizable donation to the movement through her Clara Lionel Foundation.On Tuesday the singer announced that the money will be distributed between 18 climate justice organizations working in seven Caribbean nations and the United States, including the Climate Justice Alliance, the Indigenous Environmental Network, and the Movement for Black Lives, according to the Associated Press.“Climate disasters, which are growing in frequency and intensity, do not impact all communities equally, with communities of color and island nations facing the brunt of climate change,” Rihanna said in a statement. The grants, which were made in partnership with Twitter co-founder Jack Dorsey’s #StartSmall fund, are focused on groups with female, LGBTQ and Black and indigenous leaders because their communities are at the greatest risk.“Funders must build partnerships with grassroots organizations, acknowledging their deep understanding of what is necessary to achieve climate justice in their own communities,” said Justine Lucas, Clara Lionel Foundation’s executive director.During the height of the pandemic in 2020, Rihanna and Dorsey together donated $15 million to mental-health services as well as $2.1 million each to aid victims of domestic violence in Los Angeles.Earlier this week, Rihanna’s  Savage X Fenty lingerie line announced a new funding round of $125 million led by Neuberger Berman.Rihanna was officially named a billionaire last year when Forbes estimated her net worth at $1.7 billion.

Rihanna is backing her belief that climate change is a social-justice issue by pledging $15 million to the movement through her Clara Lionel Foundation.

reviewed by The Washington Post.In a company-wide email, Agrawal announced a major reorganization of the San Francisco-based company following the Monday departure of former CEO Jack Dorsey. In the letter, the new chief executive said he was focusing on “clear decision-making, increased accountability, and faster execution” in this shift and “making a number of organizational and leadership changes to best position us to achieve our goals.”As part of the move, engineering and research executives Dantley Davis, Michael Montano and Dantley Davis are expected to step down by the end of year, according to its U.S.

A new chapter for Twitter. Jack Dorsey, the cofounder of the company, announced his resignation from the social media giant on Monday, November 29.

pic.twitter.com/G5tUkSSxkl— jack⚡️ (@jack) November 29, 2021 Dorsey then listed Bret Taylor becoming the company’s board chair and the Twitter team’s capabilities as additional reasons for his leaving. He also announced that he will continue to serve on the board until “May-ish” to “help Parag and Bret with the transition” and will leave the board thereafter.His resignation follows Twitter stakeholders Elliott Management and billionaire investor Paul Singer calling on him to resign from his role as CEO of either Twitter or Square, as they were worried that he was stretched too thin between the two companies.

Dorsey, 45, will remain on Twitter's board of directors until next year. Chief technology officer Parag Agrawal, who joined Twitter in 2017, will replace Dorsey as the company's new CEO, effectively immediately.In a tweet announcing his resignation Monday, Dorsey didn't discuss what lies ahead for his career, but said, «I decided it's time for me to finally leave.»Dorsey noted that the view that companies should continue to be led by their founders is «severely limiting.» But his departure also comes more than a year after activist investor Elliott Management Corp.

Twitter CEO Jack Dorsey is expected to step down as an executive at the company, a new report claims.

The rumors are true: Jack Dorsey is leaving Twitter and stepping down as the CEO.

Twitter CEO Jack Dorsey plans to step down from his executive post soon, according to a report this morning by CNBC.

@WIRED he “warned” Twitter CEO Jack Dorsey a day before January 6th:“I warned him that his platform was allowing a coup to be staged.” pic.twitter.com/sBuPDOFZlv

Molten, an enterprise cloud startup aiming to deliver a comprehensive set of insights for clients across several parts of the evolving streaming marketplace, has raised $7 million in seed funding.

An NFT collaboration between TikTok and Lil Nas X will no longer be released, Rolling Stone reports. The digital artwork was set to be revealed last Wednesday, but sources close to TikTok tell Rolling Stone that the program's rollout has been “a challenge,” “a mess,” and “a complete joke.” It is unclear what form the Lil Nas X NFT was going to take — a "Non-Fungible Token" serves as a kind of certificate of authenticity stored in the blockchain for a digital item, be it an album like the recent Kings of Leon project When You See Yourself or a tweet such as Twitter founder Jack Dorsey's first-ever posting.

Todd Spangler NY Digital EditorCent, a startup whose platform is designed to let creators make money using NFTs, announced $3 million in funding from a group of investors including Jeffrey Katzenberg and will.i.am.Other investors participating in the round included Zynga founder Mark Pincus, LinkedIn co-founder Reid Hoffman, and VC firms Galaxy Interactive and In/Visible Ventures. According to Cent CEO Cameron Hejazi, the company will use the funds to expand its non-fungible token (NFT) platform to support an ecosystem of new apps for creators.Cent is the company behind Valuables, the NFT marketplace launched in December 2020 that sold Jack Dorsey’s original tweet (“just setting up my twttr”) for $2.9 million.

Todd Spangler NY Digital EditorTwitter is in the crosshairs of the music industry and nearly two dozen U.S. lawmakers over the issue of music copyright infringement.A bipartisan group of 22 members of the House of Representatives sent a letter Monday to Twitter chief Jack Dorsey, demanding the social network address “the ongoing problem of copyright infringement on Twitter and the platform’s apparent refusal to address it.” They requested a response to their inquiry by Aug.

Brent Lang Executive Editor of Film and MediaDolphin Entertainment and West Realm Shire Services Inc., owner and operator of FTX.US, are teaming up to create an NFT marketplaces for major sports and entertainment brands. The pact will combine Dolphin’s creative and marketing prowess with FTX’s knowledge of crypto currencies.The marketplace is described as “large-scale” and “consumer-facing” and comes as the trading of NFTs or non-fungible tokens is booming.

Sacha Baron Cohen has demanded that social media bosses end the online racial attacks against England’s football players.The actor called out Facebook and Twitter heads Mark Zuckerberg and Jack Dorsey directly in a tweet.“Hey Mark Zuckerberg & @jack Dorsey — Facebook and Twitter are spreading racist attacks on these Black athletes. Online racism leads to real-world hate crimes.

Donald Trump said on Wednesday that he is filing class action claims against Facebook, Twitter and Google, along with their CEOs, after the companies suspended or banned his accounts following the Jan. 6 insurrection.