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(AP) — Dozens of Missouri Department of Corrections staff members are urging Gov. “We are part of the law enforcement community who believe in law and order,” the group wrote in the letter urging Parson to commute the sentence to life without parole. His scheduled execution on April 9 would be the first in Missouri this year after four were carried out in 2023. Steele said Dorsey has cut hair for prisoners, officers and even Steele, himself. In an 80-page petition filed last month, Megan Crane, an attorney for Dorsey, wrote that her client was denied effective counsel before he pleaded guilty.

Persons: Mike Parson, Brian Dorsey, Dorsey, “, Parson, ” Dorsey, Sarah Bonnie, Ben Bonnie, Troy Steele, ”, Steele, Jenni Gerhauser, Megan Crane Organizations: KANSAS CITY, Missouri Department of Corrections, Republican, Kansas City Star, Potosi Correctional Center Locations: KANSAS, Mo, Potosi, Missouri, New Bloomfield

☆ SumUp, a rival to Jack Dorsey's Block, defies fintech funding slump with $307 million cash injection
▼ + stars: | 2023-12-11 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

SumUp Chief Financial Officer Hermione McKee said the fresh capital gives the company "more firepower to act on opportunities," including acquisitions and new country launches. British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6 million) in a bumper round of funding that values the company north of $8.6 billion. The round predominantly consisted of equity, though a small portion of the funds was raised as debt. Then we look at Asia, how do we think about that region, and then obviously opportunities across Africa. A SumUp spokesperson confirmed the deal is an up round, meaning its valuation is higher than it was previously.

Persons: Hermione McKee, McKee, SumUp Organizations: Monday, Sixth, Bain Capital Tech, Fin, CNBC Locations: SumUp, Australia, America, Asia, Africa

NEW YORK (AP) — Tim Dorsey, a former police and courts newspaper reporter who found lasting fame as the creator of the crime-comedy novel series starring Serge A. Storms, an energetic fan of Florida history and an ingenious serial killer, has died. Dorsey, who published 26 novels, died Sunday, according to Danielle Bartlett, a publicity director at William Morrow, an imprint of HarperCollins. Fans of Dorsey appreciated his clever observations and satirical pokes at the weirdness of Florida. He was part of a trio of former newspapermen from Florida — including Dave Barry and Carl Hiaasen — who found a rich vein of absurdist humor in the state. “It was a privilege and honor to work with Tim Dorsey.

Persons: — Tim Dorsey, Serge A, Dorsey, Danielle Bartlett, William Morrow, Dave Barry, Carl Hiaasen —, Tim Dorsey, Serge, Storms, Emily Krump, Coleman, Florida grifters, ”, “, ’ ”, Bruce DeSilva, Kurt Vonnegut, hasn’t, ” Dorsey, ___ Mark Kennedy Organizations: HarperCollins, Maltese, Torino, The Associated Press, “, Auburn University, The Alabama, The Tampa Tribune Locations: Florida, Tabasco, Indiana, Tribune’s Tallahassee

☆ Jack Dorsey is getting rid of annual reviews and PIPs at Block. I asked our workplace correspondent if it's a trend.
▼ + stars: | 2023-11-27 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Jack Dorsey says Block will no longer do performance reviews or performance-improvement plans. She told me she thought PIPs — performance improvement plans — were underused because companies don't necessarily want to do the legwork that often goes with them. Jack Dorsey's Block just announced that they're going to stop doing PIPs and just fire people who aren't up to snuff. So, having some ability to correct your things you're doing wrong — that's important. Block is also getting rid of annual performance reviews.

Persons: Jack Dorsey, Block, Tim Paradis, Dorsey, —, BI's, who's, you've, Gen Z, Korn, they're, Jack Dorsey's Block, it's Organizations: Service, Business Locations: Valley

☆ AI poster child Altman back at OpenAI, may have fewer checks on power
▼ + stars: | 2023-11-22 | by ( Aditya Soni | ) www.reuters.com time to read: +4 min

[1/3] Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13, 2023. "Altman seems awfully powerful and it is unclear that any board would be able to oversee him. The board fired Altman last week with little explanation and attempted to move on by naming an interim CEO twice. "The fact that Summers and Taylor will join OpenAI is quite extraordinary and marks a dramatic reversal of fortunes in the company," Valle said. Sutskever, Altman and Taylor could not be immediately reached for comment.

Persons: Sam Altman, OpenAI, Chuck Schumer, Craig Hudson, Sam Altman's, Altman, Mak Yuen Teen, " Altman, Beatriz Valle, Bret Taylor, Salesforce, Larry Summers, Summers, Taylor, Valle, Jack Dorsey's, Tasha McCauley, Helen Toner, Ilya Sutskever, Adam D'Angelo, Sutskever, Sam, Gartner, Jason Wong, Aditya Soni, Mark Porter Organizations: Intelligence, Senate, U.S, Capitol, REUTERS, Microsoft, National University of Singapore Business School, Wall, Elon Musk's, Twitter, ., Harvard, Democratic, OpenAI, Georgetown's Center for Security, Emerging Technology, Thomson Locations: Washington , U.S, Bengaluru

☆ Who are OpenAI's new board members as Sam Altman returns?
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +1 min

Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria Acquire Licensing RightsNov 22 (Reuters) - ChatGPT-maker OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, and also agreed in principle to partly reconstitute the board of directors that had dismissed him. Bret Taylor, formerly co-CEO of Salesforce and Larry Summers, former U.S. Treasury Secretary, along with Quora CEO and current director Adam D'Angelo will be part of the board, OpenAI said. Here's what we know about them:* Taylor, 43, is an American computer programmer and entrepreneur, who is also a board member at Shopify (SHOP.TO). Taylor will chair the OpenAI board* Summers, 68, is an American economist who has served as U.S. Secretary of the Treasury from 1999 to 2001* A professor at Charles W Eliot University, Summers is also President Emeritus at Harvard* Summers is also on the board of Jack Dorsey's Block Inc (SQ.N) and Skillsoft Corp (SKIL.N)* D'Angelo, 39, is an American internet entrepreneur, best known as founder of California-based social question-and-answer website and online knowledge market Quora* A Computer Science graduate, D'Angelo was previously CTO of Facebook for nearly two years till June 2008(Sources: TechCrunch, Reuters reporting and LinkedIn)Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Anil D'Silva and Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Altman, Carlos Barria, OpenAI, Bret Taylor, Larry Summers, Adam D'Angelo, Taylor, Charles, Summers, Jack Dorsey's, D'Angelo, Aby Jose Koilparambil, Anil D'Silva Organizations: Economic Cooperation, REUTERS, U.S . Treasury, Quora, Treasury, Charles W Eliot University, Harvard, Skillsoft Corp, Science, Facebook, Thomson Locations: Asia, San Francisco , California, U.S, American, Shopify, California, Bengaluru

☆ Jack Dorsey tells Block employees he's ending performance reviews and PIPs in favor of continuous evaluation: 'It's way too heavy for everyone involved.'
▼ + stars: | 2023-11-21 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

He also named Dhanji Prasanna, a longtime Block employee and its chief scientist, as the company's new CTO. "It's a lazy and often surprising approach that we can avoid with direct and consistent feedback," Dorsey said of PIPs. "We want to help everyone achieve excellence here at Block," he added. "That ensures we can have a fair two-way conversation holding each of us accountable to always raising the bar," Dorsey said. Excellence in service to our customers, excellence in our craft, excellence in our respective disciplines, and excellence to each other.

Persons: Dhanji Prasanna, Dorsey, There's, doesn't, I've, Dhanji Organizations: Business, Block Locations: Fe

☆ Jack Dorsey tells Block employees he's ending performance reviews, PIPs in favor of 'parting ways immediately'
▼ + stars: | 2023-11-21 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

He also named Dhanji Prasanna, a longtime Block employee and its chief scientist, as the company's new CTO. Going forward, Block will rely on constant evaluations of workers to get past a perception that Block allows staff and managers to "'rest and vest' throughout the company," Dorsey wrote. "It's a lazy and often surprising approach that we can avoid with direct and consistent feedback," Dorsey said of PIPs. "We want to help everyone achieve excellence here at Block," he added. Excellence in service to our customers, excellence in our craft, excellence in our respective disciplines, and excellence to each other.

Persons: Dhanji Prasanna, Dorsey, There's, doesn't, I've, Dhanji Organizations: Business, Block Locations: Fe

☆ Block shares surge after earnings beat and increased full-year guidance
▼ + stars: | 2023-11-02 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

The company had previously guided to $1.5 billion in full-year adjusted EBITDA but now expects adjusted EBITDA to come in between $1.66 billion and $1.68 billion. Block is guiding to adjusted full-year operating income of $205 million to $225 million, a sharp increase from prior guidance of $25 million. Analysts surveyed by LSEG had expected full-year revenue guidance to come in at $21.54 billion. The company didn't provide full-year revenue guidance but did guide to $875 million in adjusted operating income for 2024. Cash App revenue soared $3.58 billion 34% year over year, while Square revenue grew 12% to $1.98 billion.

Persons: Jack Dorsey, LSEG, Block, Gross, we've, Dorsey Organizations: Twitter, Mana Convention, Cash Locations: Wynwood, Miami , Florida

Shawn Tsao, 34, co-founded food delivery app Caviar in 2012 with four of his college classmates and fraternity brothers from the University of California, Berkeley. Before Caviar, Tsao and his co-founders created on Munch On Me, a daily deals app for food. In the ensuing weeks, they decided to switch to an on-demand food delivery app — a novel concept at the time. In 2014, Jack Dorsey's payments company Square — now known as Block — acquired Caviar in an all-stock deal worth more than $100 million, according to Tsao. Five years later, rival food delivery company DoorDash purchased Caviar from Square in a deal worth $410 million.

Persons: Shawn Tsao, Munch, Jack, Tsao Organizations: University of California Locations: Berkeley

Instead, he's a co-founder of a $400 million food delivery company. Tsao launched the company, Caviar, with four of his best friends from the University of California, Berkeley in 2012. Building "Groupon for food" didn't work, "so we were like, 'Let's be the Uber for food.'" 'We just blew up'At the time, most of today's food delivery apps didn't exist yet. Five college friends founded Caviar in 2012, at a time when GrubHub and Seamless were the only major online food delivery businesses.

Persons: Shawn Tsao, he's, Tsao, Jack, Uber, Frank Lloyd Wright, Frank Gehry, Abel Lin, Andy Zhang, Richard Din, Jason Wang, —, Munch, Groupon, didn't, Postmates, DoorDash, Andreessen Horowitz, Wang Organizations: University of California, CNBC, Investors, Tiger Global Management Locations: Berkeley, Francisco, U.S, Miami

☆ Top investor shares his No. 1 counterintuitive strategy for making tough decisions—it's something 'you haven't even considered'
▼ + stars: | 2023-09-27 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Sequoia Capital managing partner Roelof Botha has a strategy for making tough decisions. He cited Dorsey's own payments business Block, where Botha sits on the company's board, as an example. The company officially launched Square Cash, now known as Cash App, in October 2013. Block now has a market cap of $26.82 billion, as of Wednesday afternoon, and Cash App is responsible for half of its revenue, Botha said. Having a third option helped Block cut what wasn't working, and invest in projects that helped make the company profitable.

Persons: Roelof Botha, Botha, Jack Dorsey, Dorsey, it'd Organizations: Sequoia Capital, YouTube, Starbucks, PayPal, CNBC

☆ An ex-GMU law professor is suing his former students in a $108 million defamation case. His defense is similar to Johnny Depp's.
▼ + stars: | 2023-09-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +10 min

Wright then filed a defamation suit against the former students, seeking $108 million in damages. Reuters/ReutersUltimately, Depp won $10 million in compensatory damages and $5 million in punitive damages in his defamation case against Heard. And juries appear to be more receptive to ruling on behalf of defamation claimants, especially after big wins in cases like Depp's, Lovell told Insider. "By showing he's going through the legal system and going after them for $108 million dollars, it makes a statement," Lovell said about Wright's legal strategy. "These cases are rarely about monetary damages and are more often a vehicle to repair a reputation," Pearson told Insider.

Persons: Joshua Wright, Wright, Depp, Johnny Depp, Amber Heard, Donald Trump, Jean Carroll, Elyse Dorsey, Angela Landry, Law360, —, Dorsey, Landry, Hank Johnson, Tom Wheeler, Ajit Pai, Wheeler, Chip Somodevilla, George Mason, Getty Wright, Sandy Hook, Alex Jones, Tracy A, Pearson, Heard, Tre Lovell, Lovell, they're, Lindsay R, Johnny Depp's Organizations: Service, Federal Trade Commission, George Mason University, Federal Communications, Federal Trade, Capitol, Republicans, Communications, Bloomberg, George, Depp Defense, Voting, Fox News, Reuters, Binnall Locations: Wall, Silicon, WASHINGTON, DC, Rayburn, Washington , DC, Virginia

☆ Jack Dorsey quit Instagram and entered the Musk-Zuckerberg fight, posting on X (formerly Twitter) that he's going 'Meta free'
▼ + stars: | 2023-08-18 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +3 min

Twitter co-founder Jack Dorsey said he deleted his Instagram account in a post on X. He also said he does not have Whatsapp or Facebook and is going "Meta free." Twitter co-founder Jack Dorsey seems to have taken a side in Elon Musk and Mark Zuckerberg's fight, saying he had abandoned Instagram and gone "Meta free." Dorsey has seemingly poked jabs at Zuckerberg's Threads in previous posts on X. Dorsey told Vanity Fair in 2013 he was "heartbroken" when he learned that Facebook had acquired Instagram under Twitter's nose.

Persons: Jack Dorsey, Dorsey, Elon Musk, Mark Zuckerberg's, Elon Musk's, Mark Zuckerberg, Musk, Meta, Zuckerberg, Sarah Frier, Zuckerberg's Organizations: Twitter, Elon, Facebook, Bloomberg, Zuckerberg

☆ Hindenburg Research targets $4.6 billion Kazakh brokerage for allegedly helping Russian oligarchs evade sanctions
▼ + stars: | 2023-08-15 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Timur Turlov, CEO of Freedom Finance brokerage speaks to Reuters during the interview in the office in Moscow, Russia October 10, 2019. Freedom Holding Corp. was founded in Moscow in 2008, before later moving to Kazakhstan, and listed on the Nasdaq in 2019. After Russia invaded Ukraine early last year, U.S. sanctions essentially severed ties between American and Russian banks and companies. But according to a report from Hindenburg on Tuesday, those ties remain tight. One former senior executive alleged to Hindenburg that Russian money laundering was rampant.

Persons: Timur Turlov, Jack Dorsey's Block, Carl Icahn, Freedom, Hindenburg's, Hindenburg, OFAC, I've Organizations: Freedom Finance, Reuters, Hindenburg Research, Freedom Holding, Nasdaq, Freedom, noncompliance, U.S . Treasury Department's, Foreign Assets, SEC, European Union, Freedom's, Ukraine Locations: Moscow, Russia, Kazakhstan, Ukraine, Hindenburg, Russian, United Kingdom, Belizean

☆ Viking Global slashes Amazon and insurance positions, adds to bets in biotech
▼ + stars: | 2023-08-15 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Ole Andreas Halvorsen's Viking Global hedge fund slashed its holding in Amazon in the second quarter and stepped up bets in biotech, according to the latest 13F filing with the U.S. Securities and Exchange Commission . The so-called Tiger Cub's entirely new positions included a $78 million stake in Alibaba , $6.5 million in C3.ai and $132 million worth of chipmaker Nvidia . Viking Global also cut investments in the CSX railroad nearly 42%. Elsewhere, Viking Global purchased $278 million worth of Netflix stock in the second quarter and opened a $159 million position in shipping giant UPS . Viking Global managed about $24 billion in 13F securities at the end of the second quarter, according to WhaleWisdom.com .

Persons: Ole Andreas Halvorsen's, Halvorsen, Julian Robertson, Jack Dorsey's Block, Phillip Morris, Philip Morris Organizations: Ole Andreas Halvorsen's Viking Global, U.S . Securities, Exchange Commission, Viking Global, Tiger Management, Nvidia, Viking, CSX, TJX, Meta, Netflix, UPS, Chubb Limited, Tenet Healthcare, General Electric, UnitedHealth Group, Constellation Energy, GE Locations: Ole Andreas Halvorsen's Viking, Alibaba, Viking, Progressive

☆ D1 Capital slashes big tech holdings and adds new bet on hotels, real estate
▼ + stars: | 2023-08-14 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Sundheim also added 59% to a position in Jack Dorsey's Block in the second quarter, now worth $101 million. D1 also exited its position in tech giants Amazon , Alibaba and Salesforce in the second quarter, the filing showed, and sold 21% of a stake in Google parent Alphabet. Meanwhile, D1 added new semiconductor holdings. Elsewhere, D1 added to positions in General Electric , Insulet and Elevance Health . The firm managed about $27 billion at the end of the second quarter, according to WhaleWisdom.com , including about $5 billion in 13F securities.

Persons: Dan Sundheim's, Sundheim, Jack Dorsey's Block Organizations: Capital Partners, U.S . Securities, Exchange Commission, Facebook, Microsoft, AMD, Nvidia, General Electric, Elevance Health, Nation Entertainment Locations: Hilton

☆ Twitter's new X.com domain is redirecting some users, including cofounder Jack Dorsey, to a GoDaddy ad
▼ + stars: | 2023-07-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Elon Musk said Sunday that X.com had started redirecting users to Twitter. The website was previously used for PayPal before Musk bought back the domain in 2017. Elon Musk's rebranding of Twitter to X has already suffered its first glitch, as users report the x.com website doesn't work properly. The world's richest person announced Sunday that the domain, which Musk previously used for PayPal, had started redirecting users to Twitter. Some Twitter users said they encountered other glitches with the new domain, like the server IP being unsecure or not located, and even a file being downloaded.

Persons: Elon Musk, X.com, Musk, Elon, Brian Merchant, Ryan Mac, Jack Dorsey, Christopher Stanley, Dorsey, Dorsey doesn't, x.com didn't, Peter Thiel's Confinity Organizations: Twitter, PayPal, Morning, Elon Musk's, Los Angeles Times, New York Times, eBay, eBay Inc

☆ Jack Dorsey appears to snub Mark Zuckerberg's Threads follow request: 'Too soon'
▼ + stars: | 2023-07-17 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Jack Dorsey doesn't seem keen on following Mark Zuckerberg on Threads. The Twitter cofounder posted an apparent screenshot of a follow request and tweeted: "Too soon b." Jack Dorsey appears to have snubbed Mark Zuckerberg's attempt to follow him on Threads. The Twitter cofounder posted a screenshot of the Meta CEO's follow request on Threads, along with the words: "Too soon b." As Zuckerberg follows Dorsey's Instagram account, the request could have been part of an opt-in feature that links a user's Instagram followers to Threads and sends out automatic requests.

Persons: Jack Dorsey doesn't, Mark Zuckerberg, Dorsey, Jack Dorsey, Mark Zuckerberg's, Zuckerberg, Zuckerberg's Meta, Elon Musk, Bluesky Organizations: Zuckerberg's, Twitter, Elon, Instagram

☆ Jack Dorsey took aim at Meta's Threads and accused it of ripping off Twitter: 'We wanted flying cars, instead we got 7 Twitter clones'
▼ + stars: | 2023-07-07 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Jack Dorsey criticized Meta's Threads saying it is a 'Twitter clone' and lacks any originality. The Twitter co-founder claimed that various social media platforms have imitated Twitter. Jack Dorsey has taken another swipe at Meta's hot new app, Threads, bemoaning its lack of originality and calling it one of the many "clones" trying to imitate Twitter. Dorsey, Twitter's co-founder and former CEO, tweeted his complaints about Threads on Thursday saying: "We wanted flying cars, instead we got 7 Twitter clones." The image shows how similar the interface of platforms like Threads, Twitter, Mastodon, Bluesky — a decentralized social network made by Dorsey — and Not Boring are.

Persons: Jack Dorsey, Meta, Dorsey, Twitter's, Andy Allen, Dorsey —, Elon Musk, Mark Zuckerberg Organizations: Twitter, Facebook

CompaniesCompanies Law Firms FTX Trading Limited FollowNEW YORK, June 23 (Reuters) - A group of media organizations on Friday appealed a court decision that allows collapsed crypto exchange FTX to keep customer names secret during its bankruptcy case. U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, ruled earlier this month that FTX did not have to reveal its customers' names because doing so could expose them to identity theft and other scams. After the judge in the Celsius case ordered customers' names be revealed, Celsius users saw an increase in phishing attacks from scammers who posed as bankruptcy attorneys and Celsius employees, according to FTX's court filings. FTX said it had approximately 9 million users who might be targeted by scams if their names were revealed. FTX Trading and more than 100 affiliates in November filed for bankruptcy protection in Delaware to address claims that the company misused and lost billions in customers' crypto deposits.

Persons: John Dorsey, FTX, Dorsey's, scammers, Sam Bankman, Fried, Dietrich Knauth, Alexia Garamfalvi, Daniel Wallis Organizations: Bloomberg, Dow Jones & Company, The New York Times Company, Financial, Thomson Locations: Wilmington , Delaware, Delaware

☆ 10 Things in Tech: Google's WFH crackdown, mass layoffs are creating new founders, and Jack Dorsey's Apple Vision Pro worry
▼ + stars: | 2023-06-15 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Tech layoffs are fueling an influx of new founders building climate, health, and fintech startups. Microsoft CEO Satya Nadella said he liked to test AI using a poetry prompt to see if it had the "subtlety" to translate "deep meaning." Twilio's Joyce Kim said "predictive AI is going to be a core part of every tool that they use." The European parliament has voted to take steps to regulate AI technology such as ChatGPT, with its parliament backing a ban on the technology for biometric surveillance, emotion recognition, and predictive policing. Uber CEO Dara Khosrowshahi says the most common mistake he sees young people make is overplanning.

Persons: Nathan Rennolds, it's, let's, Sundar Pichai, Google's, hasn't, Simplyblock, Michael Schmidt, Robert Pankow, Jack Dorsey's, Satya Nadella, Uber, Twilio's Joyce Kim, Dara Khosrowshahi, Leigh Vogel, Elon, Kairan, Hallam Bullock Organizations: Google, Jack Dorsey's Apple, Microsoft, Summit, Getty, SpaceX, LinkedIn Locations: London, Google's, Simplyblock, Europe, New York City

☆ Jack Dorsey said India raided the homes of Twitter employees when the company wouldn't shut down accounts for the government
▼ + stars: | 2023-06-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Jack Dorsey said India raided homes of Twitter's workers when the company refused to ban some accounts. Dorsey said India, the world's biggest democracy, also threatened to shut Twitter down in the country. Twitter co-founder Jack Dorsey said India's government previously raided the homes of the company's employees when the platform refused to comply with censorship demands. The Indian government asked Twitter to permanently ban accounts that were aggressively critical of the government, which the platform refused to do. On Tuesday, India's information technology minister, Rajeev Chandrasekhar, tweeted that Dorsey's claim about Twitter employees' homes being raided was an "outright lie."

Persons: Jack Dorsey, Dorsey, India's, Krystal Ball, Saagar Enjeti, Narendra Modi's, Twitter, Rajeev Chandrasekhar, Chadrasekhar, Chandrasekhar Organizations: Twitter, Insider Locations: India, Delhi, Gurgaon

☆ Jack Dorsey says Elon Musk became 'reckless' and 'impatient' and rushed out new Twitter features that 'weren't thought out'
▼ + stars: | 2023-06-12 | by ( Grace Mayer | ) www.businessinsider.com time to read: +4 min

In the interview posted Monday, Dorsey reflected on former Twitter CEO Elon Musk's management. Dorsey said he asked Musk to join Twitter's board many times before Musk joined in April of last year, during which Musk also agreed to buy Twitter. But when Musk tried to back out of buying the company, prompting a lawsuit from Twitter, Dorsey said that was "when things really went south." On the social media app, Bluesky users asked Dorsey whether he thought Musk was the "best possible" option as CEO for Twitter. I do have confidence in his new CEO," Dorsey said.

Persons: Jack Dorsey, Dorsey, Elon, Elon Musk's, Krystal Ball, Robert F, Kennedy Jr, Musk, hasn't, Ron DeSantis, Linda Yaccarino, Elon Musk, Twitter Organizations: Twitter, Morning, Elon, Florida Gov, Bluesky

☆ Australia to regulate buy-now-pay-later sector
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, May 22 (Reuters) - The Australian government said on Monday it would introduce laws that will consider buy-now-pay-later (BNPL) services as a credit product in a bid to protect consumers in a largely unregulated industry. "Best way to do that is to legislate, to regulate as a credit product, so that we can manage some of the risks." But concerns about repayment have been rising as Australia battles high inflation, which now sits at near 30-year highs. Australia, home to about a dozen listed BNPL providers, has about 7 million active accounts that resulted in A$16 billion ($10.9 billion) of transactions in 2021-22, up 37%, data showed. ($1 = 1.4743 Australian dollars)Reporting by Renju Jose in Sydney; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

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