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Social Media Devours Executive–Twitter Boss Gives Up And Quits (Video, Picture)
Thursday, June 11, 2015 18:50
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Dick Costolo is stepping down after five years
For a social network that only allows very brief messages, we perhaps shouldn’t be surprised that some users had a short attention span.
And it’s because of this Dick Costolo is stepping down. The 51-year-old announced he’ll no longer be Twitter’s chief executive as of next month.
He achieved a lot in his five-year tenure – Twitter, now a public company, has established itself in various countries around the world. It’s far more stable than it used to be. And it’s still the best place for breaking news online (when it’s true, that is).
The problem Costolo couldn’t solve was how to attract new users. Or, at least, enough new users to keep growth-hungry Wall Street investors happy. SOURCE
