Monday, November 29, 2021

Daily Business Briefing: Markets rise as investors reconsider the unknowns of the Omicron variant.

Plus: Black Friday sales were up, but reflected the challenges facing retailers.
The New York Times
The New York Times
Nov. 29, 2021, 1:52 p.m. Eastern time

Good afternoon. Jack Dorsey stepped down as the chief executive of Twitter. Mr. Dorsey, 45, who is also the chief executive of the payments company Square, was fired from the top job at Twitter in 2008 but returned in 2015.

Mr. Dorsey's exit marks a significant shift at the company, which has navigated years of pressure from investors who thought it did not make enough money and criticism from Washington, particularly Republican lawmakers who complained that Twitter has helped stifle conservative voices in social media.

Twitter's chief technology officer, Parag Agrawal, took over as C.E.O. READ MORE →

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