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Search resuls for: "Evan Williams"


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'Boomerang' CEOs of major companies
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +2 min
Nov 22 (Reuters) - Sam Altman reached an agreement with OpenAI to return as CEO on Wednesday, after a tumultuous few days following his ouster by the company's board. He joins a list of big name "boomerang" chief executives who have made comebacks at a later date. DELL (DELL.N) - MICHAEL DELLMichael Dell founded Dell Inc in 1980s and held the position of CEO until 2004, when he stepped down to serve as chairman. He returned as CEO in 2007 and led the company through the merger with EMC, which resulted in the emergence of Dell Technologies. He returned as CEO in 2023 amid challenges related to UBS's takeover of peer Credit Suisse.
Persons: Sam Altman, OpenAI, Steve Jobs, John Sculley, DELL, MICHAEL DELL Michael Dell, ROBERT IGER Robert Iger, HOWARD SCHULTZ Howard Schultz, JACK DORSEY Jack Dorsey, Evan Williams, Dorsey, SERGIO ERMOTTI Sergio Ermotti, Ralph Hamers, Boleslaw Lasocki, Victor Goury, Milla Nissi, Jane Merriman Organizations: Apple, Dell Inc, EMC, Dell Technologies . DISNEY, NBA, TWITTER, Twitter, UBS, Suisse, Thomson Locations: U.S, Swiss, Laffont, Gdansk
What Was Twitter, Anyway?
  + stars: | 2023-04-18 | by ( Willy Staley | ) www.nytimes.com   time to read: +5 min
Dorsey had nurtured the basic idea of Twitter for years — a site that would be like AOL Instant Messenger’s “away message” for anywhere, or “a more ‘live’ LiveJournal,” as he put it in a post on Flickr. But Williams, who created Blogger and sold it to Google for millions, came to see something else in Twitter: To him, its potential lay in its ability to create a running record of what was going on in the outside world. Dorsey was insistent that it was the latter: “You’re talking about your status as you look at the fire.”To Dorsey, the fact that Twitter creates a record of the world would be an incidental byproduct of all this status-sharing. He posted it to Twitter with a brief caption. Dorsey and Williams were correct to identify this as a conflict, even if they could not design or engineer it away.
In the case of many a successful startup founder, that means working a day job before they're ready to strike out and start their own new business. Multiple big-name companies top the list, according to a new report from small-business lending platform OnDeck, which examined large U.S. companies with high rates of former employees launching their own businesses. The top four companies on OnDeck's list all hail from the consulting world, which isn't surprising: Consultants at those companies are often tasked with helping clients hone their management and business strategies. Goldman Sachs leads the way among financial services companies on OnDeck's rankings, with 5.92% of former employees becoming founders. By focusing primarily on large companies, OnDeck's report doesn't provide a comprehensive list.
Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Twitter co-founder Jack Dorsey apologized Saturday for growing the company "too quickly," a day after the company laid off approximately half of its employees under new owner Elon Musk. They will always find a way no matter how difficult the moment," Dorsey wrote in a tweet. Twitter's reduction in force extended beyond California, and CNBC could not immediately confirm whether Musk's description is accurate. Dorsey stepped down as Twitter's CEO last year and has since shifted his focus to solely managing his payments company Block, formerly known as Square.
In this photo illustration, former U.S. President Donald Trump's archived Twitter account is shown on a phone screen with the Twitter logo in the background. And they happen to be the hands of Elon Musk, the richest person in the world and one of the app's most high-profile provocateurs. 2006In March, Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams created Twitter, which was originally a side project stemming from the podcasting tool Odeo. 2011Twitter became an essential social media tool used during the Arab Spring, the wave of antigovernmental protests throughout Egypt, Libya and Tunisia. The combined wealth of Williams, Dorsey, and Costolo hit roughly $4 billion.
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