Twitter skirmishes heading for boardroom as hedge fund circles - News Summed Up

Twitter skirmishes heading for boardroom as hedge fund circles


Does it matter who owns Twitter to people who use Twitter? Over the weekend, however, nascent stake-building in the publicly quoted Twitter by controversial hedge fund Elliott Management prompted low-key dismay on the social media platform. Critics unconnected to Elliott note that Twitter, for Dorsey, is more side-hustle than hustle, and that the Twitter board has been remiss in overlooking this for some time. That’s the same White House incumbent who believes social media companies removing extremist content amounts to “treating conservatives very unfairly”. Skirmish-friendly Twitter is taking its tensions out of its app and into the boardroom.


Source: The Irish Times March 03, 2020 05:15 UTC



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