First thing Monday morning, Americans got the news that the controversial CEO of Twitter is expected to step down from his position “in the near term”. Dorsey took over the position as CEO 6 years ago, after helping start the company. Dorsey has been an on-again- and off-again CEO and was embattled from within over issues of activism.
“Dorsey faced an ousting last year when Twitter stakeholder Paul Singer of Elliott Management had sought to replace Jack Dorsey as CEO,” CNBC reported, breaking the story based on anonymous sources.
Steve Bannon on the War Room Pandemic talked about the news saying that Dorsey’s retreat was “another scalp on the wall of people fleeing before the upcoming firestorm,” of upcoming mid-term elections.
There were few details about Dorsey’s plans and answers for people’s questions such an announcement would have. The news of the departure for Dorsey however made trending news based on the Squawk On The Street report.
Some people believed that the move signaled less censorship. However, Candace Owens, a political commentator, saw the move as a signal there would be greater censorship.
“This is the right take. I’ve been telling people for years. Jack Dorsey is not your enemy. He is a prisoner at his own company. Good thing the Parler app is finally working properly and looks amazing. The communists will fully run Twitter soon.'” Owens posted her thoughts in response to a statement by Daniel Bostic, who identifies himself as a congressional staffer.
“Not a Jack Dorsey fan, but this means censorship is about to get much worse at Twitter dot com,” Bostic posted.
This is the right take. I’ve been telling people for years. Jack Dorsey is not your enemy. He is a prisoner at his own company.
Good thing the Parler app is finally working properly and looks amazing. The communists will fully run Twitter soon. https://t.co/2hIXG6UETB
— Candace Owens (@RealCandaceO) November 29, 2021
CNBC News reported:
— Squawk on the Street (@SquawkStreet) November 29, 2021
The reaction was HUGE!
Fox News reported:
“Twitter shares surge after report says CEO Jack Dorsey will step down.
Shares of Twitter are surging on a report that co-founder Jack Dorsey will step down as the company’s chief executive.
Twitter’s stock, which has consistently underperformed the market, jumped more than 10% at the opening bell Monday.
— Kari Baxter Donovan 🇺🇸🎆🥊🔥 (@Saorsa1776) November 29, 2021
|David Faber / CNBC:|
Kari is an ex-Community Organizer who writes about Voter Engagement, Cultural Marxism and Campaigns. She has been a grassroots volunteer with the GOP, on and off for 18 years. She is a Homeschool Mom in North Carolina and loves Photojournalism and Citizen Journalism. @Saorsa1776