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Twitter Chief Executive Officer Dick Costolo announced he will step on July 1 and cofounder Jack Dorsey will take his place on an interim basis. So reports Newsweek.
It is unclear at this time what the impetus was for the decision to call it quits. Costolo said via statement: "I am deeply appreciative of the confidence the Board, the management team and the employees have placed in me over the years, and I look forward to supporting Twitter however I can going forward.”
The board will now search for a permanent replacement to Costolo.
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Mobile and cloud computing. 3-D printing. Data analytics. These are…