CURRENT AFFAIRS

Detailed explanation-1: -In November 2021 Dorsey stepped down as CEO again and was replaced by chief technology officer Parag Agrawal. In 2022 Twitter announced that it was to be purchased by South African-born American entrepreneur Elon Musk for about $44 billion.

Detailed explanation-2: -Jack Patrick Dorsey (born November 19, 1976) is an American Internet entrepreneur and programmer who is a co-founder and former CEO of Twitter, Inc., as well as co-founder, principal executive officer and chairperson of Block, Inc., the developer of the Square financial services platform.

Detailed explanation-3: -Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams in March 2006 and was launched that July. By 2012, more than 100 million users tweeted 340 million tweets a day, and the service handled an average of 1.6 billion search queries per day.

Detailed explanation-4: -Jack Dorsey, who co-founded the company, has served two stints as CEO, with Dick Costolo and Evan Williams taking over in between. In November 2021, Dorsey stepped down as Twitter CEO for a second time, handing over the reins to Twitter’s current CEO, Parag Agrawal.