Twitter Shakeup Leaves Market Wondering
Recently there were reports of something very big happening inside of Twitter. Many were left to speculate that layoffs were to ensue, or perhaps a big announcement, but either way, the word was that it would indeed by monumental.
Yesterday it was announced that Twitter CEO Jack Dorsey would be stepping down from his position, allowing Evan Williams, former Chairman to move into the position. Jack Dorsey is not gone from the scene, but rather will be taking over Evan’s former position as Chairman.
Why the sudden move? Economy? Direction?
Many of us are familiar with the problems Twitter experienced earlier this year with scalability issues, ultimately making Twitter unreliable, and forcing users to seek out alternatives such as Friendfeed. While dealing with this problem, this gave competition like Friendfeed the chance to move ahead of Twitter in terms of innovation, offerings, and development.
Could Twitter have become too stagnant and in need of fresh blood? Kinda ironic since both Evan and Jack are considerably young in the industry, but just goes to show you how fast things can move in the tech world.
It will be interesting to see what Evan Williams can do with Twitter and what new ideas might be implemented into the Twitter property in the near future.
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