Wednesday, 17 May 2017

Twitter co-founder Biz Stone to rejoin firm

Twitter co-founder Biz Stone has said he plans to rejoin the social media site in the next few weeks.

His return comes after an invitation of fellow co-founder Jack Dorsey, who was brought back as chief executive in 2015.

Mr Dorsey has been trying to reboot Twitter, which claims more than 300 million monthly users, but has struggled to turn a profit.

Twitter's stock bounced nearly 2% on the news.

Mr Stone said he will focus on the culture of the company.
"I'll shape the experience internally so it's also felt outside the company," he wrote. "More soon."

Mr Stone left Twitter in 2011, after the exit of fellow co-founders.

He went on to start the publishing platform Medium and a search app, Jelly Industries, which Pinterest acquired this year.

BBC      News.