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  1. Elon Musk lended public support to Twitter CEO Jack Dorsey who’s being pressured to step down by an activist investor. “Just want to say that I support @Jack as Twitter CEO. He has a good heart,” Musk tweeted, using a heart emoji because that’s how middle-aged billionaires communicate. Jack Dorsey On Friday it was reported that Paul Singer, the billionaire founder of Elliott Management, took a stake in Twitter with the intent of making a number of changes at the micro-blogging platform. Elliott has a more than $1 billion stake in Twitter, according to CNBC, and has nominated four new board members. Bloomberg reports that Twitter executives met with representatives from Elliott Management for the first time last week. Dorsey was absent, even though he was the main topic of conversation. One change Elliott hopes to make is the removal of Dorsey, who’s been accused of being inattentive to Twitter’s earnings potential as he splits his time as CEO of Square where 85 percent of his wealth resides. The Twitter / Square CEO has also been criticized for moving too slowly, with a preference for talking instead of doing. Dorsey hasn’t helped himself by saying he’d like to temporarily move to Africa this year. Dorsey’s return as CEO of Twitter in July 2015 was met with advice from Elon Musk. “I wouldn’t recommend running two companies,” said the CEO of Tesla and SpaceX. Twitter shares have since fallen 6.2 percent, while Facebook’s have gained more than 121 percent, according to Bloomberg. Musk and Dorsey were last seen bromancing each other at a company meeting in January, where Musk was projected onto a giant screen in front of thousands of Twitter employees. “If you were running Twitter,“ Dorsey asked, “what would you do?” Musk’s response was get rid of the bots. Others want to get rid of the CEO, which just might happen. Source
  2. Billionaire Paul Singer, founder of Elliott Management, wants to take over. Paul Singer, the billionaire founder of the activist fund Elliott Management, is preparing a plan to try to replace Jack Dorsey as CEO of Twitter, according to a report Friday by Bloomberg. Elliott, based in New York, has nominated four directors to Twitter's board and also seeks to make other changes at the company, Bloomberg said. According to the report, Elliott has a "sizable" stake in Twitter, but the exact size of the stake is unclear. Twitter declined to comment. Elliott Management didn't immediately respond to a request for comment. One reason Elliott is pushing for the takeover is because Dorsey's time is split between running two public companies, Twitter and the payments firm Square, according to CNBC, which also reported the news. Dorsey's desire to spend up to six months in Africa this year is also a concern for Elliott, the report said. The news comes at a challenging time for Twitter, as the social network tries to deal with election disinformation, abuse and other problems with the platform. Twitter's stock rose more than 7% in after-hours trading. Source
  3. Twitter founder Jack Dorsey took aim at Google on Wednesday in a cheeky tweet. The tweet read: "I love @DuckDuckGo. My default search engine for a while now. The app is even better!" DuckDuckGo is a privacy-focused search engine that shows all users the same results for any given search term or terms. It sets itself up as a privacy-focused rival to data-hungry Google. Dorsey has form when it comes to trolling big tech firms, with Facebook a particular target of his ire in recent months. Jack Dorsey isn't a fan of Google search, it seems. The Twitter founder and CEO - who also serves as CEO of mobile payments firm Square - took aim at Google with a cheeky tweet. It read: "I love @DuckDuckGo. My default search engine for a while now. The app is even better!" DuckDuckGo's own Twitter account responded to Dorsey, writing That's great to hear @jack! Happy to have you on the Duck side," followed by a duck emoji. Founded in 2008 in the US, DuckDuckGo is a search engine that prioritizes user privacy, sporting the tagline "Privacy, simplified." It eschews personalised search results and refuses to profile its users. It sets itself as a more privacy-focused alternative to Google search, which famously hoovers up user data to inform its ads. Though DuckDuckGo is a well-visited site in absolute terms, with an Alexa rank of 187 as of November, it's small fry when compared with Google. As such, it says it focuses on returning what it deems to be the best search results, rather than the most search results. It's available as an app both on Google and Apple's app stores. This is not the first time Dorsey has trolled a tech giant in a tweet, with Facebook in particular facing his mockery. A number of recent Dorsey tweets have taken aim at the social media behemoth, including one earlier this month that mocked its recent logo rebrand from lower case to all-caps. Dorsey's tweet read simply "Twitter... from TWITTER." On a more serious note, Dorsey announced in a tweet thread late October that Twitter would be banning all political ads from its platform. Though his announcement didn't mention Facebook by name, the decision was clearly informed by the ongoing firestorm over Facebook's policy of allowing political ads containing lies on its platform. Source
  4. A hacker has compromised Jack Dorsey’s Twitter account. A stream of rogue tweets — including racial slurs — were posted to the Twitter chief executive’s own Twitter account just after 3:30pm ET. One of the tweets posted a Twitter handle for someone who purported to take credit for the account takeover. That account was quickly suspended. Dorsey has more than 4.21 million followers. Twitter spokesperson Ebony Turner said the company was investigating. The company also tweeted about the incident: It’s not immediately known how the account was compromised. However, the rogue tweets were sent via Cloudhopper, a service Twitter bought in 2010 to improve its SMS service, suggesting Dorsey’s account may have been compromised by an authorized third-party app rather than obtaining Dorsey’s account password. It’s not the first time Twitter had to clean up after a high-profile account was hacked. Facebook boss Mark Zuckerberg once had his Twitter account hacked because his account didn’t use two-factor authentication. He also had a ridiculously easy-to-guess password. Twitter later said it secured Dorsey’s account but did not comment further. Source
  5. TED 2019: Twitter boss offers to demote likes and follows Image copyrightTED Image captionJack Dorsey answered questions at TED on problems with his platform Twitter co-founder Jack Dorsey has again admitted there is much work to do to improve Twitter and cut down on the amount of abuse and misinformation on the platform. He said the firm might demote likes and follows, adding that in hindsight he would not have designed the platform to highlight these. He said that Twitter currently incentivised people "to post outrage". Instead he said it should invite people to unite around topics and communities. "It may be best if it becomes an interest-based network," he told TED curators Chris Anderson and Whitney Pennington Rodgers. Rather than focus on following individual accounts, users could be encouraged to follow hashtags, trends and communities. Doing so would require a systematic change that represented a "huge shift" for Twitter. On the topic of abuse, he admitted that it was happening "at scale". Image copyrightTED Image captionChris Anderson asked Mr Dorsey why he seemed to lack urgency in dealing with the problems on Twitter "We've seen harassment, manipulation, misinformation which are dynamics we did not expect 13 years ago when we founded the company," he told TED curator Chris Anderson. "What worries me is how we address them in a systematic way." He has previously discussed the role played by likes and follows, which were designed to be prominent. "One of the choices we made was to make the number of people that follow you big and bold. If I started Twitter now I would not emphasise follows and I would not create likes. "We have to look at how we display follows and likes," he added. Ms Pennington Rodgers asked him why, according to Amnesty, women of colour on average received abuse in one of 10 tweets they posted. "It's a pretty terrible situation," Mr Dorsey admitted. "The dynamics of the system makes it super-easy to harass others." He said that Twitter was increasingly using machine-learning to spot abuse and claimed that 38% of abusive tweets were now identified by algorithms and then highlighted to humans, who decide whether to remove them from the platform. He also said that the firm was working on making it easier to find its policies on abuse and was simplifying them. Asked if he would show urgency in dealing with the issues, he replied simply: "Yes." Ask Jack The TED audience were invited to contribute to the conversation via the hashtag #askJackatTED, which received more than 1,000 questions within 10 minutes of the talk starting. One of the questions came from journalist Carole Cadwalladr who spoke at TED on Monday and called on the tech firms, including Twitter, to directly address the issue of misinformation being shared widely on their platforms. But in her question to Mr Dorsey, she turned her attention to abuse she has received on Twitter. "I'd like to know why a video that showed me being beaten up and threatened with a gun to soundtrack of Russian anthem stayed up for 72 hours despite 1000s of complaints?" she wrote. Mr Dorsey did not address that question and neither did he answer another one about how to deal with the huge number of malicious bots posting misinformation. He was also shown a graph created by Zignal Labs which showed the number of human tweets versus tweets from suspected bots talking about topics in the recent election campaign in Israel. Bots seemed to dominate when it came to tweets about contender Benny Gantz, who was narrowly defeated by Benjamin Netanyahu. Mr Dorsey was asked about this but did not answer. Instead he said that the company was in the middle of measuring the "conversational health" of the platform, using a number of metrics, including how toxic conversations were and how much people are exposed to a variety of opinions. "We have to create a healthy contribution to the network and a healthy conversation. On Twitter right now you don't necessarily walk away feeling you learned something." Source
  6. Twitter CEO Jack Dorsey sparked criticism after he encouraged his Twitter followers to visit Myanmar, the government of which has been accused of genocide against the Muslim Rohingya people. "f you're willing to travel a bit, go to Myanmar," Dorsey tweeted after traveling to the country for a meditation retreat. "Myanmar is an absolutely beautiful country," he added. "The people are full of joy and the food is amazing. "I visited the cities of Yangon, Mandalay, and Bagan. We visited and meditated at many monasteries around the country." Twitter users took issue with Dorsey's tweets, given that Myanmar's military has been accused of ravaging the Rohingya in what the United Nations has deemed a genocide. "Sure, if you arent bothered by literal ethnic cleansing, it's probably real nice scenery," wrote one Twitter user. "The people are so full of joy! I suppose you didn't visit any of the hundreds of villages burnt by government forces or talk to any of the more than half million Rohingya forced to flee the country who are now living in overwhelmed refugee camps in Bangladesh," another wrote. "Meditate on THAT." "It's a country actively committing genocide against its own people, but great job advertising for them," wrote another user. Twitter did not immediately respond to The Hill's request for comment. A source familiar with Dorsey's intentions in visiting Myanmar, however, told The Hill that the Twitter CEO visited the country because it is the only place where the particular type of meditation he practices is done in its original form. "The culture of Myanmar is the only one that retains the original teachings," the source said. "So he wanted to go and experience this particular type of meditation where it is still practiced traditionally." --This report was updated at 12:13 p.m. Source
  7. Jack Dorsey, CEO of both Twitter and Square, has managed to get his name in the headlines again today after a comment he made about Bitcoin during an interview with The Times. Speaking of the current cryptocurrency king, Dorsey said that he believes Bitcoin will become the world’s single currency within the next ten years. If ten years seems fast to you, it’s worth noting that Dorsey actually said that the transition could even happen more quickly than that, something that seems particularly unlikely despite what can only be described as Bitcoin’s huge increase in popularity over the past few months. “The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin.” This would happen “probably over ten years, but it could go faster.” Of course, Dorsey’s bullish stance on Bitcoin may be slightly far fetched, but it should not come as a surprise at all. As mentioned earlier, he may be the top dog at Twitter but he is also CEO of Square, a company that recently added the option to buy and sell Bitcoin via its Square Cash app on mobile. Dorsey also has a history of speaking of the benefits of Bitcoin as a currency. He also owns an unknown amount of the Bitcoin cryptocurrency, which may or may not be a good reason for him to hype it up. Dorsey’s interview with The Times was apparently limited to Square, with the Twitter CEO declining to take questions about the social network. Given the current focus on Facebook and its roll in world affairs right now, that move was no doubt a calculated one. Redmondpie.com
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