On Monday, Twitter’s CEO, Jack Dorsey, resigned from his position as CEO and will only remain on the board of directors until his tenure ends in 2022. His resignation will allow him to devote his whole attention to the other company he’s been operating, Square (now renamed Block), which appears to be more closely linked to his current cryptocurrency and Bitcoin interests. Parag Agrawal, Twitter’s CTO, has been promoted to CEO and is already implementing changes. According to The Washington Post, two Twitter executives, head of engineering Michael Montano and controversial VP of design Dantley Davis, are leaving the business. The consumer, revenue, and core tech divisions, which are overseen by Kayvon Beykpour, Bruce Falck, and Nick Caldwell, respectively, will be reshuffled.
The Meta (formerly Facebook) is taking a different approach with its NPE team, which has previously been tasked with testing new social apps in the hopes of discovering the next big thing. With offices in Nigeria and Asia, as well as seed-stage investments in small businesses, the company will now focus more globally. It’s also developing projects in the U.S. that are different from its prior attempts, like helping the formerly incarcerated re-enter society or helping LGBTQ families on their journey to becoming parents.
LinkedIn added support for the Hindi language, which allows it to reach 500 million people in India. Hindi is the first regional language to be supported by the social network. The move is timely, following a week that saw another India-born exec move into the CEO ranks at a top U.S. tech company when Twitter announced @Jack would be replaced by CTO Parag Agrawal as the company’s new chief exec.
New real-time features, such as typing and commenting indicators, were added to Reddit. It’s also adding voting and comment count animations, as well as reading indicators, with the goal of making its service more engaging and dynamic across desktop, iOS, and Android.