Twitter CEO Jack Dorsey is stepping down.

Twitter CEO Jack Dorsey

Twitter CEO Jack Dorsey

CNBC says that Twitter CEO Jack Dorsey is poised to resign in a surprise announcement. There is no extra information available. It’s up to you to pass it over to the man. Whatever happens on Twitter, Jack hasn’t let it affect his intentions.

Dorsey declared intentions to travel around Africa for six months in 2019, likely promoting cryptocurrency. He tweeted, “Africa will dictate the future (especially the bitcoin one!).” Dorsey is also the CEO of Square. Paul Singer, a billionaire Twitter board member, requested for his resignation in early 2020, citing his split concentration between those ventures as a reason.

Following the revelation, Twitter’s stock jumped 11%, but trading was shortly halted due to the high volatility.

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