Jack Dorsey
CEO, Twitter- Stake in Twitter
- Stake in Square
Jack Dorsey's Journey so far ...
- Growing up, Jack Dorsey was deeply interested in maps and how cities function which led him to develop a taxi-dispatching software as a teenager
- At the age of 17, he was hired by a major dispatching company in Manhattan after he hacked their website to point out some gaping holes in their security system and offered to work as a dispatch software developer
- He later partnered with the company’s CEO and moved to San Francisco to build an Internet-based company that dealt with the dispatching of couriers, ambulances as well as taxis
- In 2000, Dorsey developed a program which combined the capabilities of a dispatch software and text messages to reach out to other people. The software later laid the foundation for the development of Twitter
- In the meanwhile, his foremost internet venture was struggling and he had left it to work for a podcasting company called Odeo
- Finally, in 2006, he, along with Odeo co-founder Evan Williams and Christopher Stone, built a social networking platform which eventually came to be known as Twitter
- Dorsey was named CEO of the company and he sent out the first-ever message (which we now know as tweets) on the platform on March 21, 2006
- An untoward event followed a couple of years later when Dorsey had to step down as CEO, but continued to serve as the chairman of the company
- He soon bounced back and co-founded Square -- a platform which allows users to receive credit card payments using a small device -- in 2009
- Both his ventures were rapidly gaining success and in July 2012, Dorsey became a billionaire
- Twitter went public in November 2013 raising $1.8 billion
- The same year, Dorsey joined Walt Disney as one of its board members
- He was reinstated as the CEO of Twitter in 2015
- Square too went public in 2015 with the value of its shares rising 45% on the first day of trading
- Currently, he owns around 2% of Twitter and 13% of Square, and is one of the most influential tech leaders in the world
Before you go ...
- He is a certified masseur
- Reports suggest that Dorsey was a punk rock fan in his younger days
- Dorsey gave away $100 million worth his Twitter shares to employees in May 2016
Jack Dorsey News
- Intuit to cut 17% of global jobs to streamline operations, memo showsIntuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial intelligence. The company is integrating AI models from startups like Anthropic and OpenAI. This follows a trend of tech companies reducing staff this year. Employees in the US will see their last day on July 31.
- In 2006, Jack Dorsey Noticed How Fast a Simple SMS Could Update a Whole Group; “Make Status a Product” Spark Established the Foundation for Twitter.Jack Dorsey's first tweet in 2006, "just setting up my twttr," launched a communication revolution. This simple message initiated a platform built on brevity, enabling instant, short updates. Twitter's character limit fostered concise writing, making information exchange rapid and accessible, transforming how we share and consume news and personal updates globally.
- Quote of the day by Jack Dorsey, co-founder of Twitter: ‘ My biggest mistake was thinking I shouldn't show my…’Jack Dorsey, the visionary behind Twitter and Block Inc., champions open communication and decentralised tech. His journey, marked by innovation in social media and digital payments, now pivots towards cryptocurrency and blockchain. Dorsey's recent reflection highlights the profound lesson that embracing and sharing mistakes, rather than hiding them, is crucial for authentic growth and building trust in our hyper-connected world.
- March 21 in world history: From Alcatraz’s closure to defining moments in war, politics and cultureMarch 21 witnessed pivotal moments. Alcatraz Prison closed in 1963. Martin McGuinness died in 2017. Jack Dorsey posted the first tweet in 2006. Namibia gained independence in 1990. The 'Who Shot J.R.?' mystery captivated viewers in 1980. The US boycotted the Moscow Olympics in 1980. The Selma to Montgomery march began in 1965. Johann Sebastian Bach was born in 1685.
- Block shares surge 25% as ex-Twitter CEO Jack Dorsey lays off 4,000 employees due to AI; here's whyBlock Inc. is reducing its workforce by 4,000 employees. CEO Jack Dorsey believes artificial intelligence tools will enable a smaller team to perform better. This strategic move aims to make Block a more valuable, intelligence-native company. The company's financial fundamentals remain strong, with gross profit and customer base expanding. This decision is proactive, anticipating broader industry shifts driven by AI.
- AI doomsday fear coming true? Jack Dorsey-led Block lays off nearly half of its staff, Twitter co-founder says 'most companies late'Jack Dorsey-led Block has cut over 4,000 jobs, or nearly half its workforce, amid an AI boom. The Twitter co-founder said most companies are late and also said that they are not making the decision because they're in trouble. The job cuts come at a time when a new article offering an apocalyptic vision of humanity's future with artificial intelligence has gone viral and caused stock prices to tumble in major tech and financial firms.
- Jack Dorsey’s Block to cut 4,000 jobs in AI overhaul; shares jump 25% after hoursBlock is cutting over 4,000 jobs, nearly half its staff. This move signals how artificial intelligence is changing businesses. CEO Jack Dorsey stated that a smaller team using AI tools can achieve more. Investors are rewarding companies showing AI-driven cost savings. Block expects restructuring charges of up to $500 million.
- Jack Dorsey’s Block lays off 40% workforce; stock price vaults 22% in pre-market trading FridayThis follows other major tech firms, such as Amazon, Meta, eBay, and Livspace, announcing significant job cuts. The story has shifted from post-pandemic overhiring to long-term AI-led transformation. The layoffs signal how the AI boom is translating from hype into workforce changes, fueling long-held concerns among workers and economists that the technology could eliminate roles even as it boosts productivity and profits.
- Block stock jumps over 24% after company announces 4,000+ job cutsBlock stock went up after the company announced big layoffs. The firm plans to cut thousands of jobs to save money and work faster using AI tools. Leaders say the changes will help future growth. The company also shared its latest earnings report, showing stable performance while it prepares for major workforce and business changes ahead.
- Tech layoffs hit America: Salesforce, Block eliminate several positions — here’s who’s affectedWho is most affected by Salesforce and Block layoffs: Tech layoffs hit 80,000 workers in early 2026. Salesforce cut 1,000 roles. Block eliminated 1,200 jobs. Companies are swapping people for AI agents. Salesforce is pivoting to Agentforce automation. Block is flattening its management layers. Both firms want higher profit per employee. This data proves AI is no longer a tool but a replacement. The "Great Realignment" favors machine learning roles over traditional marketing.
- While Mark Zuckerberg and Elon Musk run after AI, Twitter co-founder brings back a decade-old platform that bans AI content entirelyJack Dorsey has revived Vine as diVine, a human centered video platform that bans all AI generated content. Built using over one lakh archived clips preserved by Archive Time, the reboot aims to recreate an early Web 2.0 experience driven by real users rather than algorithms. Led by Evan Henshaw Plath and powered by the open source Nostr protocol, diVine prioritises original Vine creators and has already seen rapid early sign ups, positioning itself as an antidote to today’s AI heavy social media.
- Steak ’n Shake becomes first US fast food chain to launch Bitcoin reserve, offering $5 in BTC with bitcoin-themed meals, here’s how to claim yoursSteak 'n Shake is now accepting Bitcoin payments globally. The fast-food chain has established a Strategic Bitcoin Reserve. This move is boosting sales and reducing payment costs. Customers can also earn Bitcoin rewards with specific meal purchases. Steak 'n Shake is donating satoshis to open-source Bitcoin projects. This initiative is attracting the Bitcoin community.
- The world’s greatest mystery: Who is Satoshi Nakamoto and how rich is Bitcoin’s elusive creator?A massive $8.6 billion Bitcoin transfer from dormant wallets linked to the "Satoshi era" has sparked renewed interest in Satoshi Nakamoto's identity. The 80,000 BTC, mined in 2011 and untouched for over 14 years, were moved to more secure addresses. Analysts speculate the move was a security upgrade, prompted by warnings of potential claims, rather than a sale.
- Hillary Clinton joins Bluesky amid growing exodus from XThis follows former president Barack Obama debuting on the platform last week. Though Bluesky’s user base remains smaller than that of X, the open-source social network has amassed over 33 million users. Bluesky has positioned itself as an alternative social media platform for users dissatisfied with X’s shift to the right.
- Elon Musk tells Tesla staff future is ‘bright’; urges them to hold on to stockThe car maker Tesla’s stock has fallen nearly 50% from its peak in December. Tesla is facing backlash because of Musk’s role in President Donald Trump’s administration as head of the newly-formed Department of Government Efficiency (DOGE), where he has shut down several federal agencies, a move that has sparked protests.
- 19 years of Twitter: From ‘Larry the bird’ to an X, a timeline of how the platform has evolvedTwitter, now rebranded as X, has evolved from a simple messaging platform to a global communications powerhouse. Key milestones include its role in social activism, the introduction of trending topics and ads, its public listing, and Elon Musk’s acquisition in 2022. X continues to transform under Musk’s vision for an "everything app."
- Twitter founder Jack Dorsey expresses support for Elon Musk, says ‘I love Tesla’The exchange comes at a volatile moment for Musk, as Tesla grapples with an unprecedented wave of vandalism across the United States. Attacks on Tesla infrastructure have surged since Musk took on a cabinet role in the Trump administration as head of the controversial Department of Government Efficiency (DOGE).
- Was Satoshi Nakamoto not the real creator of Bitcoin? New theories suggest it was former Twitter CEO Jack DorseyA new theory suggests that Twitter and Square co-founder Jack Dorsey might be Satoshi Nakamoto, the anonymous creator of Bitcoin. Sean Murray, editor-in-chief of deBanked, presents a series of coincidences linking Dorsey’s past interests in cryptography, Bitcoin’s timeline, and key events in both his life and Satoshi’s disappearance. While some experts challenge these claims, Dorsey’s cryptic remarks and unexplained connections keep the mystery alive.
- Mark Zuckerberg, Steve Jobs, Jack Dorsey: How Neem Karoli Baba’s teachings shaped their path to successNeem Karoli Baba, the revered Indian mystic, has left an enduring mark on several influential figures, including Steve Jobs, Mark Zuckerberg, and Jack Dorsey. His teachings on love, selfless service, and mindfulness have guided these leaders through critical moments in their careers. Today, his philosophy continues to inspire individuals across industries, helping them navigate the pressures of modern life while maintaining focus, creativity, and compassion.
- Social media users are migrating from Elon Musk's X to Jack Dorsey's Bluesky; Here's how it's differentBluesky, a decentralized social media platform founded by former Twitter CEO Jack Dorsey, is experiencing rapid growth as users seek alternatives to Elon Musk's X. With over a million daily sign-ups, the platform offers privacy-focused features and a user-driven experience. Concerns over X's content moderation policies, particularly after Musk’s alignment with the U.S. government, have driven the shift.
- What is Bluesky; Why is Twitter founder's rival app for Elon Musk's X crashing?Elon Musk's X is facing an exodus of users, including celebrities and news organizations, who are flocking to Twitter founder Jack Dorsey's Bluesky. The platform, which gained over a million new users in the week following the US election, is seen as a refuge from the misinformation and hate speech prevalent on X.
- AI hiring platform Mercor backed by Jack Dorsey, Peter Thiel in $30 million fundraiseMercor has raised $30 million in a funding round, valuing the AI hiring platform at $250 million. The round saw participation from notable investors including Jack Dorsey and Peter Thiel. Mercor uses AI to help recruiters hire candidates from top tech companies and has added over 300,000 people to its candidate pool.
- Payments fintech Block climbs nearly 20% after strong earnings forecastThe stock was trading at $81.39, adding more than $8 billion to the company's market value. Block has been looking to lower costs and drive "profitable growth" in the business by trimming headcount and reducing its real estate footprint. The company said on Thursday it plans to cut 112 jobs in March.
- Jack Dorsey's fintech firm Block lays off nearly 1,000 employeesJack Dorsey's financial services company Block is laying off close to 1,000 employees, which will affect staff in the Cash App, Afterpay and Square subsidiaries of the company. In an earnings call last year, Block had said it would reduce its headcount from 13,000 in Q3 2023 to an "absolute cap" of 12,000 by the end of this year. Revenues from Cash App, the peer-to-peer payments service, have declined significantly.
- Elon Musk announces X (Twitter) will no longer support blocking functionality, users can instead use ‘mute’ featureElon Musk, the mind behind X (formerly known as Twitter), has announced that the platform will no longer offer the option to block other users. He argues that the blocking feature "makes no sense," and suggests users opt for the "mute" feature instead. The move has generated mixed reactions within the online community, with critics pointing out that muting accounts merely eliminates their posts from a user's timeline without severing the connection.
- Twitter co-founder Jack Dorsey quits Instagram amid Musk-Zuckerberg feud, asks 'who will they give the @jack handle to?'Jack Dorsey, the co-founder of Twitter and the current CEO of Block, has deleted his Instagram account and announced his departure from the platform. He revealed his involvement with the platform, stating that it was one of the first 10 accounts and that he was one of the first angel investors. This move has set the coveted @jack handle up for potential reassignment, a commodity that can command significant value in the secondary market.
- Did not shut down Twitter services: MoS Rajeev ChandrasekharThe Indian government did not shut down American microblogging site Twitter or raid homes of its executives over hosting content of farmers' agitation during 2021, said Minister of State for Electronics and Information Technology Rajeev Chandrasekhar in a written response to a question posed by a Rajya Sabha member.
- Law of land must be followed: Ashwini Vaishnaw on Twitter verdictHailing the Karnataka High Court order dismissing Twitter's plea against the government, Union Minister for Communications and IT Ashwini Vaishnaw said that the law of the land must be followed. The Karnataka High Court dismissed a petition, filed by Twitter last year, which challenged several blocking and take-down orders issued by the Ministry of Electronics and Information Technology.
- Elon Musk sets sights on India; says Tesla to accelerate investment journey as soon as 'humanly' possibleTesla is looking to invest in India "as soon as humanly possible," according to CEO Elon Musk. Musk made the comment after a meeting with Indian Prime Minister Narendra Modi, during which he highlighted the "strong potential" India has in the areas of renewable energy, electric vehicles and satellite internet services. Tesla shelved its India entry plans last year due to high import tax structures, but executives recently visited the country and held talks with officials on establishing a manufacturing base for cars and batteries.
- I'm a fan of Modi, says Elon Musk after meeting Indian PM in New YorkTesla CEO Elon Musk met with Indian Prime Minister Narendra Modi and expressed his excitement for India's future. He also commented on Twitter's need to follow local laws and regulations in each country, including in India, where Jack Dorsey alleged that the Indian government was trying to shut down the social media site. Musk plans to visit India next year and said he is confident Tesla will enter the Indian market soon. Besides meeting Elon Musk, PM Modi is visiting the US to meet with thought leaders from various fields and to attend various events, including a State Dinner hosted by President Biden.
- "Outright lie": Union Minister Rajeev Chandrasekhar on ex-Twitter CEO Jack Dorsey's claimChandrasekhar said that the social media platform under Dorsey's leadership repeatedly violated India law and was only compliant since June 2022. He added that Twitter behaved as if Indian law did not apply to it and that India has the right to ensure that all companies operating within its borders are following its laws.
- Why do we need unelected 'so-called experts' to run crucial ministries: Chidambaram's dig at Vaishnaw"Why do we need unelected so-called experts to run crucial ministries," Congress leader P Chidambaram asked on Tuesday in an apparent swipe at Union minister Ashwini Vaishnaw over the Odisha rail tragedy and the alleged CoWIN data breach. The senior Congress leader also said he was "appalled" by revelations about how Vaishnaw, who is the minister for Railways, Communications and Electronics and Information Technology, runs his ministries.
- Five times Jack Dorsey stood against the Indian GovernmentFormer Twitter CEO Jack Dorsey has been involved in several contentious situations related to India. His statements have often generated controversy and scrutiny regarding the relationship between social media platforms, freedom of expression, and government censorship. Here, we will explore some instances where Dorsey expressed views that were critical of the Indian government.
- Twitter violated laws between 2020-22: Amit MalviyaThe head of the BJP's IT department, Amit Malviya, has accused former Twitter CEO Jack Dorsey of violating Indian laws during his time at the company. Dorsey had made allegations that the Indian government had threatened raids on employees and shutdown if Twitter did not take down posts critical of the government during farmers' protests in 2020 and 2021.
- Even children knew accounts will be blocked if farmers' stir highlighted: Rakesh Tikait on Dorsey's claimsBKU leader Rakesh Tikait has alleged that Twitter accounts that highlighted the farmers' protest were blocked due to government pressure. This statement comes after ex-Twitter CEO Jack Dorsey claimed that the platform was threatened with shutdown unless it complied with orders to restrict accounts during the farmers' protest. Tikait alleged that the Modi government does not tolerate opposition and that many accounts highlighting the agitation remain "closed."
- Congress demands answers on ex-Twitter CEO's claim of pressure from Centre during farmers' stirDorsey, who quit as Twitter CEO in 2021, made the sensational allegation in an interview with the YouTube news show Breaking Points on Monday. He claimed that the Indian government "pressured" the company with threats of a shutdown and raids on employees if it did not comply with requests to take down posts and restrict accounts that were critical of the government over the protest by farmers against new laws in 2020 and 2021.
- Centre rebuts Jack Dorsey's claims of Twitter facing pressure during Indian farmers' protest; terms it "outright lie"Former CEO of Twitter, Jack Dorsey has alleged that during the farmers' protest in India, the social media platform faced government pressure and threats of a shutdown. However, Union Minister Rajeev Chandrasekhar rejected these allegations, calling them outright lies and stating that Twitter under Dorsey repeatedly violated Indian laws and only started complying with them in June 2022.
- Elon Musk replaces Twitter’s classic 'bird' with 'Dogecoin'. Here’s what happenedElon Musk has been a topic of discussion since he publicly expressed interest in buying Twitter, and now he's officially in-charge. Today, the Twitter bird logo has been replaced, and not only the bird seems to have been freed, but it has also flown away. Elon Musk confirmed the update on his Twitter profile by sharing a conversation and responding with "as promised."
- Hindenburg shorts Jack Dorsey's payments firm BlockHindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led payments firm overstated its user counts and understated its customer acquisition costs. "Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping," the short seller said in a note published on its website.
- Twitter’s best chance to become decentralised is with Elon Musk. But will he act on it?Jack's thinking was clearly different and, perhaps, altruistic, like the early internet innovators. It contrasted sharply with the centrally controlled and often walled-garden platforms and ecosystems owned by Bay Area tech companies. We are nearing the end of 2022. However, not much has come out of Bluesky. Before we analyse the reason for the lack of progress, let us understand the difference between a platform, an ecosystem and a protocol.
- Binance to help Musk solve bot issues at TwitterThe newly-formed team will explore how to build on-chain solutions to address Twitter's issues including proliferation of bot accounts, a problem Musk has repeatedly complained about and almost reneged his offer on.Musk's Twitter takeover saga came to an end on Thursday when the deal officially closed after months of twists and turns in and outside the courtroom, and Musk immediately fired top chief executives at the social media platform.