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
Jelly (app) launching a native mobile app called Jelly. On April 1, 2013, Biz Stone wrote the company's first blog post, giving only very vague information about the product. A "TechCrunch" writer inferred that the product would be targeted at do-gooders on the go. Other news publications also published speculation about the app. In May 2013, while still in stealth mode, Jelly raised Series A funding from Spark Capital, SV Angel, Square CEO Jack Dorsey, Reid Hoffman, Al Gore, Bono, and others. The app release was announced, thereby bringing Jelly out of stealth mode, on January 7, 2014. The announcement was picked