Feeds

Twitter co-founder Williams steps down as CEO

Laser focused on 'product strategy'

Intelligent flash storage arrays

Twitter co-founder Evan Williams has stepped down as the company's chief executive, but he will remain with the micro-blogging outfit in a new role "completely focused on product strategy."

"I am most satisfied while pushing product direction. Building things is my passion, and I’ve never been more excited or optimistic about what we have to build," Williams said in a (macro) blog post. "

COO Dick Costolo takes over as CEO, a year after he was famously hired to sort out the company's business model. Since Costolo joined the company, Twitter has inked tweet-sharing deals with Google, Microsoft Bing, and, well, Yahoo!, before introducing its "promoted tweets" advertising setup.

"When I insisted on bringing Dick into the COO role a year ago, I got a lot of questions from my board. But I knew Dick would be a strong complement to me, and this has proven to be the case," William wrote. "During his year at Twitter, he has been a critical leader in devising and executing our revenue efforts, while simultaneously and effectively making the trains run on time in the office."

Evan Williams founded Twitter in 2006 alongside people named Biz Stone and Jack Dorsey. Dorsey was the company's first CEO, and when he left the company two years ago, Williams stepped into the chief exec role.

Two weeks ago, Twitter unveiled a beta version of a revamped website designed to grab hold of more user eyeballs, and with over 160 million registered users worldwide, the service has become quite the media darling in recent months. But it's yet to be seen whether micro-blogging can indeed be transformed into a big money maker. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.