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Bulletins

Jack Dorsey will remain Twitter’s CEO, following an attempt to oust him.

Issie Lapowsky
March 9, 2020

The company struck a deal with activist investors at Elliott Management and Silver Lake.

As part of that deal, Silver Lake will make a $1 billion investment in Twitter. Twitter's board has also authorized a $2 billion stock repurchase program.

The money comes with strings attached: Egon Durban, co-CEO and managing partner of Silver Lake, and Jesse Cohn, a partner at Elliott, will join Twitter's board.

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 Issie Lapowsky
Issie Lapowsky (@issielapowsky) is a senior reporter at Protocol, covering the intersection of technology, politics, and national affairs. Previously, she was a senior writer at Wired, where she covered the 2016 election and the Facebook beat in its aftermath. Prior to that, Issie worked as a staff writer for Inc. magazine, writing about small business and entrepreneurship. She has also worked as an on-air contributor for CBS News and taught a graduate-level course at New York University’s Center for Publishing on how tech giants have affected publishing. Email Issie.
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