On Monday, Twitter finally made its long anticipated announcement that Jack Dorsey, co-founder of the company and currently interim CEO, was indeed to become Twitter's next full CEO. The 38 year-old is currently also CEO of mobile payments company Square, a position that he will not vacate.
Jack Dorsey would serve as CEO of both Square and Twitter Jack Dorsey has been serving as Twitter's interim CEO since July 1, but now it appears he will take on the role permanently.
This week in social media, former CEO of Twitter Dick Costolo will reportedly be stepping down from his position on Twitter's board of directors. Meanwhile, Snapchat is becoming the newest battlefront for political discussion by design, and Facebook was the true winner of the first GOP debate.
This week in social media, Facebook announced Facebook Messenger as its own platform, as the company's future now looks to rival Google. Meanwhile, Twitter unveiled its Meerkat live-streaming competitor, Periscope, and Snapchat's definitely, definitely the leader in the youth demographic.
Latin Post Tech's weekly roundup of social media news. This week in social media, Facebook users discovered that an algorithmically driven "look back" at the year is pretty accurate -- maybe too depressingly accurate.
Twitter beat official Wall Street expectations with its first post-IPO quarterly earnings report, but many of the company's investors are selling anyway. The mixed-bag report contained some good news, but also included some stats that have driven away investors.