Twitter Archives - CFO

Twitter CFO Ned Segal Ousted in Aftermath of Elon Musk’s Acquisition

Twitter CFO Ned Segal Ousted in Aftermath of Elon Musk’s Acquisition

Musk's acquisition of the social media platform involved the firing of the C-suite, but Segal takes home a payout of over $25M.

By Adam Zaki | October 29, 2022

Square Building Fintech Company With ‘Primary Focus on Bitcoin’

Square Building Fintech Company With ‘Primary Focus on Bitcoin’

CEO Jack Dorsey said the business will be dedicated to “decentralized financial services” using bitcoin.

By Lauren Muskett | July 16, 2021

Elon Musk Violated Labor Laws With 2018 Tweet

Workplace Issues

Elon Musk Violated Labor Laws With 2018 Tweet

The National Labor Relations Board also ruled that Tesla violated labor laws when it fired a union activist in 2017.

By Vincent Ryan | March 25, 2021

Twitter to Shut Down Periscope Five Years After Launch

Twitter to Shut Down Periscope Five Years After Launch

Periscope “wasn’t a staying force, in the same way that other live streaming services — like the juggernaut of Twitch — would become."

By Matthew Heller | December 16, 2020

Facebook, Twitter CEOs Defend Their Election Actions To The Senate

Risk & Compliance

Facebook, Twitter CEOs Defend Their Election Actions To The Senate

Mark Zuckerberg told Sen. Mike Lee, Utah Republican, that the company occasionally made "mistakes."

By Vincent Ryan | November 18, 2020

Twitter CEO Survives Elliott Ax as Company Offers Concessions

Twitter CEO Survives Elliott Ax as Company Offers Concessions

Jack Dorsey has been serving as chief executive since founding the social media platform in 2006.

By Lauren Muskett | November 3, 2020

Twitter Shares Fall on Slowing User Growth in Q3

Twitter Shares Fall on Slowing User Growth in Q3

Twitter beat estimates on the top and bottom lines but daily active user growth of only 1 million disappointed investors.

By Matthew Heller | October 30, 2020

Tech Execs Face Questions on Immunity Law

Risk & Compliance

Tech Execs Face Questions on Immunity Law

The heads of Facebook, Twitter, and Google said changes to Section 230 could change how they moderate content.

By Lauren Muskett | October 28, 2020

Twitter Bitcoin Hack Caused by Phone-Based Phishing Attack

Twitter Bitcoin Hack Caused by Phone-Based Phishing Attack

The attack exploited human vulnerabilities to gain access to its internal systems.

By Lauren Muskett | July 31, 2020

Major Twitter Accounts Hacked for Bitcoin Scam

Major Twitter Accounts Hacked for Bitcoin Scam

Twitter says "a coordinated social engineering attack ... successfully targeted some of our employees with access to internal systems and tools.”

By Matthew Heller | July 16, 2020

U.S. Tech Companies Decline Hong Kong Data Requests

Risk & Compliance

U.S. Tech Companies Decline Hong Kong Data Requests

Hong Kong’s controversial new security laws require internet companies to provide user data and can order content deletion.

By Lauren Muskett | July 7, 2020

Twitter to Appoint Former Google CFO as Chairperson

Risk & Compliance

Twitter to Appoint Former Google CFO as Chairperson

The appointment comes three months after Elliott Management hedge fund pressed for the ouster of Twitter CEO Jack Dorsey.

By Lauren Muskett | June 3, 2020

Twitter Makes Deal With Activist Investor Elliott

Risk & Compliance

Twitter Makes Deal With Activist Investor Elliott

The agreement averts a battle over Twitter CEO Jack Dorsey's leadership but "lays the groundwork for eventually replacing" him.

By Matthew Heller | March 9, 2020

Activist Pushes for Removal of Twitter CEO

Activist Pushes for Removal of Twitter CEO

Twitter shares jumped on reports that Elliott Management is seeking to replace Jack Dorsey because he also runs Square.

By Matthew Heller | March 3, 2020

Twitter Says Personal Info Shared with Advertisers

Twitter Says Personal Info Shared with Advertisers

The company said it did not know how many users were affected.

By Lauren Muskett | October 9, 2019