Jack Dorsey Chairman after Dick Costolo replaced Williams as the CEO. On June 10, 2015, Costolo announced that he was resigning as CEO of Twitter, effective July 1, 2015. Dorsey would assume the post of Interim CEO upon Costolo's departure. He was named permanent CEO of Twitter on October 5, 2015. On the day after the controversy about Twitter's new algorithms for tweets, Dorsey responded to the trend, saying it was only a hoax. In May 2016, Dorsey announced that Twitter would not count photos and links in the 140-character limit to free up more space for text. This move was an
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