Jack Dorsey to $1.59 million. In March 2018, Dorsey announced that an improved version of the verification system is coming to Twitter. The purpose of redesigning verification is to let people verify more facts about themselves, emphasizing proof of identity. The overhaul was not in place before the U.S midterm election of 2018 to help in verifying the identities of the candidates. In September 2018, Dorsey testified before the Senate Intelligence Committee alongside Facebook COO Sheryl Sandberg about meddling in the 2016 presidential election. Following this testimony, Twitter shares fell 6%. Dorsey, along with co-founder Jim McKelvey, developed a small business platform
Terrorism and social media to Prevent Terrorism and Preserve Innovation." At the hearing, members heard testimony from William McCants, an analyst for the Center for Naval Analyses, Aaron Weisburd, director of the Society for Internet Research, Brian Jenkins, senior advisor for the Rand Corporation and Evan Kohlmann, senior partner from Flashpoint Global Partners. McCants stated that while terror groups were actively using social media platforms to further their goals, research did not support the notion that the social media strategies they adopted were proving effective: We are talking about a relatively small number of people. Because the number of people is so small, it