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posted by janrinok on Saturday June 13 2015, @01:53AM   Printer-friendly
from the he's-not-resigned-but-migrated dept.

Twitter announced that Dick Costolo had resigned as CEO, effective July 1. Jack Dorsey, a Twitter co-founder, has been appointed by the board as his replacement. (Tweet version here). Dorsey is also CEO of Square, which provides front-end devices and back-end systems for processing mobile payments.

While Costolo is reportedly popular with employees, investors were impatient with the company's growth in revenue and earnings, which has trailed expectations. One fund manager, Chris Sacca, wrote an essay to fellow shareholders (linked by the TechCrunch piece) explaining his disappointment, and ideas for a different direction for the company:

Twitter can be indispensable, engaging, and fun for everyone on the planet, and make even more money in the process. So why isn't that happening?

- For most people, Twitter is too hard to use.
- For most people, Tweeting is scary.
- For most people, Twitter feels lonely.

None of this is a surprise, as Twitter was mostly built by and for its power users.

Costolo insists the exit was in the works for awhile, and he wasn't pushed. For now, we can expect plenty of witty tweets.


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  • (Score: 1) by khallow on Saturday June 13 2015, @02:05PM

    by khallow (3766) Subscriber Badge on Saturday June 13 2015, @02:05PM (#195775) Journal
    Reminds me of the Bermuda Triangle stories. The problem is that there are rather mundane explanations for why people disappear (or don't disappear as the case apparently frequently is). For example [huffingtonpost.com]:

    The point Paulides makes over and over again in his book is that large pieces of these stories do not make sense. How do people go missing so quickly? Why do people who go missing move in difficult ways and go into harder to walk areas? Why do shoes go missing? Why are there so many simple details that overlap between cases? Why is it that people who are out berry picking have a higher rate of going missing?

    The thing is, it's damned easy to get lost in wilderness. If you look at the questions, they have obvious answers. How do people go missing so quickly? Why should it take a while to go missing? Why do people who go missing move in difficult ways and go into harder to walk areas? Because they get lost, don't know where they're going, and take longer to get through harder to walk areas.

    Why are there so many simple details that overlap between cases? Why wouldn't there be for common events with considerable default similarities? Why do shoes go missing? Maybe people chose to go barefoot or took off poorly fitting shoes and then got lost. Why is it that people who are out berry picking have a higher rate of going missing? Berry picking is a casual day activity and one where the person is more likely to not be paying attention to their surroundings. I'd say that sort of person is less likely to be prepared for wilderness and keeping from getting lost.

    The thing is, national parks and wilderness are near universally dangerous. An increased rate of disappearances is to be expected.

  • (Score: 2) by Joe Desertrat on Saturday June 13 2015, @05:30PM

    by Joe Desertrat (2454) on Saturday June 13 2015, @05:30PM (#195840)

    The thing is, national parks and wilderness are near universally dangerous. An increased rate of disappearances is to be expected.

    And hopefully they will never give in to the temptation to disneyfy everything and change this.

  • (Score: 2) by MichaelDavidCrawford on Saturday June 13 2015, @06:28PM

    by MichaelDavidCrawford (2339) Subscriber Badge <mdcrawford@gmail.com> on Saturday June 13 2015, @06:28PM (#195855) Homepage Journal

    - picking.

    He was lucky only to lose his glasses; if you're stung by enough bees all at the same time they can kill you.

    --
    Yes I Have No Bananas. [gofundme.com]
  • (Score: 0) by Anonymous Coward on Saturday June 13 2015, @08:55PM

    by Anonymous Coward on Saturday June 13 2015, @08:55PM (#195888)

    Why should it take a while to go missing?

    I'd like to see a histogram these times. I assume "going missing" means when someone notices you aren't there and can't find you, so it could be related to that if its a few minutes. But if there are a bunch of people who went missing in under a minute that would be odd.

    • (Score: 1) by khallow on Saturday June 13 2015, @09:19PM

      by khallow (3766) Subscriber Badge on Saturday June 13 2015, @09:19PM (#195892) Journal
      In practice, it's probably a minimum of 24 hours except in odd situations due to how law enforcement operates in missing persons cases.
      • (Score: 0) by Anonymous Coward on Saturday June 13 2015, @10:12PM

        by Anonymous Coward on Saturday June 13 2015, @10:12PM (#195900)

        Well, anyway I like to put the audio of that youtube video on when we're driving out to camp.