{"id":442910,"date":"2022-05-06T18:05:12","date_gmt":"2022-05-06T15:05:12","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/twitter-needs-cover-from-elon-musk-amid-overhaul-jack-dorsey\/"},"modified":"2022-05-06T18:05:12","modified_gmt":"2022-05-06T15:05:12","slug":"twitter-needs-cover-from-elon-musk-amid-overhaul-jack-dorsey","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/twitter-needs-cover-from-elon-musk-amid-overhaul-jack-dorsey\/","title":{"rendered":"#Twitter &#8216;needs cover&#8217; from Elon Musk amid overhaul: Jack Dorsey"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3eba9b61917\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3eba9b61917\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/twitter-needs-cover-from-elon-musk-amid-overhaul-jack-dorsey\/#%E2%80%9CTwitter_%E2%80%98needs_cover_from_Elon_Musk_amid_overhaul_Jack_Dorsey%E2%80%9D\" >&#8220;Twitter &#8216;needs cover&#8217; from Elon Musk amid overhaul: Jack Dorsey&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CTwitter_%E2%80%98needs_cover_from_Elon_Musk_amid_overhaul_Jack_Dorsey%E2%80%9D\"><\/span>&#8220;Twitter &#8216;needs cover&#8217; from Elon Musk amid overhaul: Jack Dorsey&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Twitter\u2019s co-founder ex-CEO Jack Dorsey touted Elon Musk\u2019s move to take the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> firm private \u2013 arguing his billionaire buddy will provide much needed \u201ccover\u201d for the company as it pursues a necessary overhaul.<\/p>\n<p>Dorsey concurred with a take from tech investor Ben Horowitz, co-founder of Andreessen Horowitz, who confirmed his firm was contributing $400 million toward Musk\u2019s $44 billion buyout of Twitter.<\/p>\n<p>\u201cWhile Twitter has great promise as a public square, it suffers from a myriad of difficult issues ranging from bots to abuse to censorship,\u201d Horowitz tweeted. \u201cBeing a public company solely reliant on an advertising business model exacerbates all of these.\u201d<\/p>\n<p>\u201cThis is true. It needs cover for a while,\u201d Dorsey responded.<\/p>\n<p>Musk maintained throughout his negotiations with Twitter\u2019s board that the company needed to go private to reach its full potential. The billionaire said he would \u201cendeavor to\u00a0keep\u00a0as many shareholders in privatized Twitter as allowed by law.\u201d<\/p>\n<p>Dorsey, who stepped down from Twitter\u2019s CEO and board of directors but maintained a sizable stake in the firm, could remain in the mix following Musk\u2019s takeover.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-wrapper twitter\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">this is true. it needs cover for a while.<\/p>\n<p>\u2014 jack\u26a1\ufe0f (@jack) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jack\/status\/1522225373592891392?ref_src=twsrc%5Etfw\">May 5, 2022<\/a><\/p><\/blockquote>\n<\/div>\n<\/div>\n<\/figure>\n<p>In the same SEC filing detailing the private partners that contributed more than $7 billion in funding, Musk\u2019s team noted that it would continue discussions with Dorsey about contributing his shares toward the bid.<\/p>\n<p>\u201cWe invested, because we believe [Twitter co-founders Evan Williams and Dorsey\u2019s] vision to connect the world and we believe in Elon\u2019s brilliance to finally make it what it was meant to be,\u201d Horowitz added.<\/p>\n<p>Some have <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2022-04-26\/with-musk-in-charge-at-twitter-could-jack-come-back\">even floated the possibility<\/a> that Dorsey could return to the company\u2019s management in some capacity once the deal closes \u2013 though neither he nor Musk has indicated that will h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en so far.<\/p>\n<p>Dorsey has been effusive in his praise for Musk since he began his takeover effort \u2013 declaring last month that \u201cElon is the singular solution I trust\u201d to lead a course correction at Twitter.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/dorsey-02-1.jpg?w=1024\" alt=\"Jack Dorsey\" class=\"wp-image-22166043\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/dorsey-02-1.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/dorsey-02-1.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/dorsey-02-1.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Jack Dorsey has endorsed Elon Musk\u2019s vision for Twitter.<\/figcaption><figcaption><span class=\"credit\">Bloomberg via Getty Images<\/span><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-twitter-35.jpg?w=1024\" alt=\"Elon Musk\" class=\"wp-image-22166047\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-twitter-35.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-twitter-35.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-twitter-35.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Elon Musk is set to take Twitter private when his $44 billion deal for the company closes.<\/figcaption><figcaption><span class=\"credit\">SOPA Images\/LightRocket via Gett<\/span><\/figcaption><\/figure>\n<p>Musk has rankled Twitter insiders with his plan to cut costs and dial back the company\u2019s content moderation policies to re-emphasize free speech. He is also planning to eliminate the platform\u2019s plague of automated spam bots and find new ways to monetize tweets.<\/p>\n<p>Musk is reportedly set to serve as Twitter\u2019s interim CEO for a few months after the deal closes until a permanent replacement is identified.\n                        <\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/05\/06\/twitter-needs-musks-cover-while-it-revamps-itself-jack-dorsey\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Twitter &#8216;needs cover&#8217; from Elon Musk amid overhaul: Jack Dorsey&#8221; Twitter\u2019s co-founder ex-CEO Jack Dorsey touted Elon Musk\u2019s move to take the social media firm private \u2013 arguing his billionaire buddy will provide much needed \u201ccover\u201d for the company as it pursues a necessary overhaul. Dorsey concurred with a take from tech investor Ben Horowitz,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":442911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/dorsey-03-1.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[128880,39394,73952,4976,10401],"class_list":["post-442910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-5-6-22","tag-elon-musk","tag-jack-dorsey","tag-social-media","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/442910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=442910"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/442910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/442911"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=442910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=442910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=442910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}