Tesla CEO Elon Musk is fighting with Twitter to expose the true number of fake/spam accounts, and Jack Dorsey has stepped down from the board of directors.
In November of last year, Dorsey stepped down as Twitter’s CEO, handing over the reins to Indian-origin Parag Agrawal, the company’s CTO at the time. Twitter’s Most Recent Update Is Designed To Help Third-Party Apps.
Dorsey would remain on the board “until his term expires at the 2022 meeting of stockholders,” according to Twitter at the time. Dorsey has stated explicitly that he will never be the CEO of Twitter again, despite reports that he might return the microblogging platform following Musk’s $44 billion buyout.
Dorsey, who is currently the CEO of financial payments platform Block (formerly Square), also stated that no one should be the Twitter CEO.
According to TechCrunch, Twitter’s board of directors voted on Wednesday to remove board member and Musk friend Egon Durban, CEO of private equity firm Silver Lake Partners, from the company.
During the failed attempt to take Tesla private in 2018, Durban led Musk’s negotiation team. Musk has put the $44 billion Twitter deal on hold because of the presence of fake/spammy accounts, and he wants Twitter to disclose the true number of bots.