News about Silicon Valley business almost everyday.
Tesla CEO Elon Musk is joining the Board of Directors of Twitter, the social media messaging service. The stock price of Twitter is up nearly 30% since news was revealed over the weekend that Musk owns 73,486,938 shares or a 9.2% stake in the company. He is already the world’s richest man according to Forbes […]
New Twitter CEO Parag Agrawal took over for Jack Dorsey last week and will be paid a salary of $1 million according to filings with the SEC. He is also eligible for a bonus of up to 150% of his salary and is also getting stock options valued at $12.5 million. Agrawal was formerly Chief […]
SAN FRANCISCO — Twitter, Inc. announced that Jack Dorsey has stepped down as Chief Executive Officer of the social messaging site and that the Board of Directors has unanimously appointed Chief Technical Officer Parag Agrawal (photo above) as CEO and a member of the Board, effective immediately. Dorsey was a founder of Twitter in 2005 and […]
ViacomCBS has announced a new, multi-year global agreement with Twitter to deliver premium digital content around ViacomCBS’ biggest live events, hit shows and iconic franchises from the company’s portfolio of TV brands, including BET, CBS Television Network, CBS News, CBS Sports, Channel 5, CMT, Comedy Central, MTV, Network 10, Nickelodeon, Paramount Network and Telefe. Financial […]