Pretty much the entire business and tech community was watching Twitter this week, and The Flash was no exception. CEO Dick Costolo, who has run Twitter for the past five years, was replaced this week by the company’s board. Twitter cofounder and former CEO Jack Dorsey will step in as interim chief executive while the board looks for a permanent replacement to Costolo. The Flash notes community suggestions about who should replace Costolo as CEO, and what business steps that new leader should take to optimize Twitter’s market position.
The Flash also goes deep into the question: “Can you tell me what code is?” Instead of answering, The Flash references an excellent 38,000-word answer to this existential question.
These and more in this week’s edition of The Flash!
- Twitter Board shows CEO Dick Costolo the door, Jack Dorsey to step in (NY Times)
- Twitter should focus on live events (NY Times)
- What is code? An answer in 38,000 words (Bloomberg)
- ADP sues Zenefits for defamation, rolls out a competing service (TechCrunch)
- Tech startups woo investors with…inflated numbers? (Wall Street Journal)
- FTC takes first action to protect consumers from crowdfunding misfires, forcing settlement from board game maker’s $122K Kickstarter campaign (Wall Street Journal)