Jack Dorsey to Exit Twitter

Pat Stevens/

Jack Dorsey is reportedly leaving Twitter’s board of directors – 16 years after co-founding the firm.

He is expected to stand down ahead of the $44 billion takeover by Tesla magnate, Elon Musk.

It comes after the entrepreneur was accused of stabbing the rest of the board in the back by helping the world’s richest man acquire Twitter.

One of his former colleagues slammed him for “clear backstabbing” when he and the billionaire “had a deal in hand to come to a standstill”.

Similarly billionaire, Peter Thiel, is also expected to leave Facebook despite being an early investor in the company.

Dorsey was set to leave Twitter yesterday, according to business news website, The Street.

Dorsey had not commented on the claims and the news websites was yet to go into further detail.

Earlier this month the Twitter co-founder said he agreed with Musk’s decision to reverse a ban on Donald Trump on the platform.

Musk, who is in the process of completing his $44 billion acquisition, revealed he intended to revoke the ban, calling it “a morally bad decision and foolish in the extreme”.

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