Republican mega-donor buys stake in Twitter and seeks to oust Jack Dorsey – report - 2020-02-29

From UmbraXenu
Jump to: navigation, search
F0.png Republican mega-donor buys stake in Twitter and seeks to oust Jack Dorsey – report February 29, 2020, Martin Pengelly, The Guardian

A major Republican donor has purchased a stake in Twitter and is reportedly seeking to oust its chief executive, Jack Dorsey.

Bloomberg News first reported that Elliott Management has taken a "sizable stake" and "and plans to push for changes at the social media company, including replacing Dorsey".

Paul Singer, the billionaire founder of Elliott Management, is a Republican mega-donor who opposed Donald Trump during the real-estate magnate's run for the presidential nomination but has since come onside.

Wikipedia cite:
{{cite news | first = Martin | last = Pengelly | title = Republican mega-donor buys stake in Twitter and seeks to oust Jack Dorsey – report | url = https://amp.theguardian.com/technology/2020/feb/29/paul-singer-elliott-management-twitter-jack-dorsey | work = The Guardian | date = February 29, 2020 | accessdate = March 2, 2020 }}