Twitter Keeps Dorsey As CEO; Now Real Work Begins
Twitter (TWTR) co-founder Jack Dorsey was officially named CEO of the struggling microblog on Monday after serving as interim CEO since July, while Adam Bain, the former president of global revenue and partnerships, was promoted to COO. The moves, announced during a morning conference call, keep two known brands in control of a company trying to boost users and profits. Dorsey will continue to serve as CEO of his 6-year-old payment service Square,