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Jack Dorsey

About Jack Dorsey

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Who is Jack Dorsey

Jack Patrick Dorsey is the 43-year-old American CEO and co-founder of two vastly successful tech companies — Twitter and Square Inc. Since the launch of Twitter in 2006, it has gone on to become a widely known social media website, while Square is a small business payments company, which was founded in 2009 and was opened to the public in 2015.
 
In April 2020, with the onset of coronavirus pandemic across the world, the billionaire pledged to give away $1 billion - nearly 28% of his net worth - to Covid-19 relief, girls' education, and health, and universal basic income. According to Forbes, his current net worth stands at $6.9 billion. 
 
Just like many other Silicon Valley tech tycoons, Dorsey also dropped out while studying in New York State University to start his own company. In the 1980s, he forayed into the world of tech with a taxi dispatching software. Much later, his start-up started offering the dispatch software through the Internet. Soon after, the idea of Twitter crossed his mind.
 
Dorsey has found himself in several controversies over time. Recently, in May 2020, he locked horns with US President Donald Trump after Twitter started attaching fact-check warnings to President's tweets. In 2019, he faced a severe backlash in India over a picture of his with a placard reading "Smash Brahminical patriarchy". He was summoned by MPs, while several accused him of hate-mongering. 
 
In July 2020, the social media platform was hit by a widespread hack that targetted several high-profile accounts and offered bitcoin deals. Following the hack, Twitter shares tumbled 3.3 per cent, wiping out more than $1 billion from its market cap. 
 

Latest Updates on Jack Dorsey

Dorsey's fortune plunged by $526 million on Thursday, his worst single-day decline since May. He's now worth $4.4 billion after the 11% drop, according to the Bloomberg Billionaires Index

Updated On: 24 Mar 2023 | 11:30 PM IST

Block Inc was founded by entrepreneur Jack Dorsey and it offers payment and mobile banking services for merchants and consumers

Updated On: 23 Mar 2023 | 6:53 PM IST

The Twitter-funded micro-blogging platform is available as an invite-only beta as of now, and a public launch is near, reports TechCrunch

Updated On: 01 Mar 2023 | 9:40 AM IST

Dorsey justified the ban, which attracted the ire of then-President Donald Trump's re-election campaign, by saying that "political message reach should be earned, not bought"

Updated On: 04 Jan 2023 | 10:41 AM IST

'Controversial decisions were often made without getting Jack's approval and he was unaware of systemic bias. The inmates were running the asylum. Jack has a pure heart,' said Elon Musk

Updated On: 09 Dec 2022 | 2:40 PM IST

Dogecoin influencer Matt Wallace posted: "Crypto culture changed Jack Dorsey. He went from a censorship champion to someone who supports freedom! Respect for his moves to help undo the damage he did."

Updated On: 25 Nov 2022 | 1:03 PM IST

The first two weeks of Musk's ownership of Twitter have been marked by rapid change and chaos

Updated On: 17 Nov 2022 | 3:34 PM IST

Two front runners have emerged as alternatives to Twitter in the aftermath of Musk's chaotic takeover, but they're some distance from viably competing with the microblogging site

Updated On: 10 Nov 2022 | 10:10 PM IST

Former Twitter Inc. Chief Executive Officer Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk

Updated On: 05 Nov 2022 | 10:14 PM IST

Agrawal, 38, was appointed Twitter CEO in November last year after the social media site's co-founder Jack Dorsey stepped down

Updated On: 29 Oct 2022 | 12:19 AM IST

Twitter Inc CEO Parag Agrawal is among executives planning to depart as Elon Musk completes his $44 billion deal to take over the social network

Updated On: 28 Oct 2022 | 7:18 AM IST

Former Twitter Inc. Chief Executive Officer Jack Dorsey tried to get Elon Musk onto the social network's board of directors long before the current drama around whether Musk will buy the company.

Updated On: 30 Sep 2022 | 9:11 AM IST

Former Twitter CEO Jack Dorsey is set to be grilled in the court in the ongoing legal battle between Tesla CEO Elon Musk and the Parag Agrawal-led micro-blogging platform

Updated On: 20 Sep 2022 | 11:37 AM IST

Twitter co-founder Jack Dorsey will be questioned under oath in the social media company's lawsuit against his longtime friend Elon Musk

Updated On: 20 Sep 2022 | 8:35 AM IST

Jack Dorsey's biggest regret is that Twitter, which he co-founded, has become a company

Updated On: 27 Aug 2022 | 11:25 AM IST

Musk's team expects more information about the bot numbers to be revealed in the trial court discovery process, when both sides must hand over evidence

Updated On: 23 Aug 2022 | 10:26 PM IST

'Your lawyers are using these conversations to cause trouble. That needs to stop,' Musk's text reportedly read

Updated On: 17 Jul 2022 | 9:38 AM IST

On Monday, Musk took a jab at Twitter's stance, tweeting that the legal battle would lead to the company disclosing information on bots and spam accounts in court

Updated On: 11 Jul 2022 | 4:19 PM IST

The internet has come a long way. The upcoming web 3.0 boasts of decentralisation as its bedrock. And now, former Twitter CEO Jack Dorsey has announced Web 5.0. Let us find out more about it

Updated On: 04 Jul 2022 | 7:00 AM IST

Twitter co-founder and Block CEO Jack Dorsey on Friday partnered with artist Shawn Carter, popularly known as Jay-Z, to launch The Bitcoin Academy -- an educational initiative in New York

Updated On: 10 Jun 2022 | 12:44 PM IST