Jack Dorsey decided that SMS text suited the status-message idea, and built a prototype of Twitter in about two weeks. The idea attracted many users at Odeo and investment from Evan Williams, who had left Google after selling Pyra Labs and Blogger. Williams, Stone and Noah Glass co-founded Obvious Corporation, which then spun off Twitter, Inc., with Dorsey as the Chief Executive Officer (CEO). As chief executive officer, Dorsey saw the startup through two rounds of funding by the venture capitalists who backed the company. He reportedly lost his position for leaving work early to enjoy other pursuits, such as yoga and
Fake news website in a testing phase. A sample warning read: "This website is not a reliable news source. Reason: Classification Pending". "TechCrunch" analyzed the new feature during the testing phase and surmised it may have a tendency towards false positives. Fake news proliferation on Facebook had a negative financial impact for the company. Brian Wieser of Pivotal Research predicted that revenues could decrease by two percentage points due to the concern over fake news and loss of advertising dollars. Shortly after Mark Zuckerberg's second statement on fake news proliferation on his website, Facebook decided to engage in assisting the government of China