Twitter CEO Jack Dorsey Under Pressure from New Mega-Donor: Business Casual

 

Twitter CEO Jack Dorsey has come under fire from a new stakeholder in recent weeks, as Paul Singer of Elliott Management who now owns between 4% and 5% of the social media site, have been vocal in his opposition to the longtime Twitter king.

Singer is a major GOP political contributor and venture capitalist, and his track record of influencing change at companies he’s invested in is no list of unknowns – the likes of eBay and AT&T have seen shifts as a result of Singer’s heavy hand.

To date, Elliott Management’s complaints regarding Dorsey center around a 6.2% fall since mid-2015 and a lack of innovation compared to other platforms. While Dorsey has tried to address some of these complaints with counterarguments centered around Twitter’s role in elections, the rebuilding of its core ad server, a total refocusing of Twitter’s leadership, and more, will it be enough?

Voice of B2B Daniel Litwin and host Tyler Kern discussed on this snippet from Business Casual.

“I think people’s minds are in the wrong place, and it’s a mentality that’s hard to escape when your sole mentality is, ‘How are we going to recoup investments from our shareholders?’ That’s not going to really foster … an egalitarian platform for discussion,” Litwin said.

Click here to catch up on all the most consequential B2B news and takes on Business Casual!

For the latest news, videos, and podcasts in the Sports & Entertainment Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!
Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

future of healthcare
Leading Through Change: Dr. Kevin Stevenson on Workforce, Innovation, and the Future of Healthcare
October 1, 2025

Healthcare is at a critical turning point, where staffing pressures, shrinking reimbursements, and rising patient expectations are reshaping the future of healthcare. According to the AACN Nursing Workforce Fact Sheet, the federal government projects more than 203,000 new registered nurse positions will be created annually from 2021 to 2031, reflecting high demand from an…

Read More
Non-traditional students
Holistic Support in Higher Ed: Why Non-Traditional Students Need More Than Just Financial Aid
October 1, 2025

Non-traditional students—adult learners, student parents, veterans, and first-generation college-goers—are carrying heavier burdens than ever. Upswing’s 2024 Ana Insights Report found that nearly nine in ten students intended to complete a FAFSA application, while many also sought help with essentials like food, housing, and bill payments. Perhaps most concerning, students expressed declining confidence in higher…

Read More
EAA AirVenture
From Ground to Sky: How Icom Radios Connect Crews, Docks, and Air Traffic at AirVenture 2025
October 1, 2025

Nestled in the shaded quiet of Oshkosh’s Seaplane Base, there exists a side of EAA AirVenture that many attendees never see. Unlike the bustling main grounds, the Seaplane Base operates for just one week each year, transforming from an unused shoreline into a hub of aviation activity. It takes hundreds of volunteers and days…

Read More
Seaplanes
Clear Signals, Safe Waters: Why Icom Radios are Key to Seamless Seaplane Operations at AirVenture 2025
October 1, 2025

At the heart of EAA AirVenture 2025, the Seaplane Base offers a unique glimpse into aviation’s most delicate dance—where water and air meet. Unlike traditional runways, this floating airfield demands a constant balance of precision, coordination, and communication. Here, pilots don’t just rely on their own skill; they depend on an entire team of…

Read More