Monday April 23, 2018
Home Indian Diaspora Top level Ind...

Top level Indian-American executive resigns from Twitter

0
//
33
credits: recode.net
Republish
Reprint

rishi-garg-twitterNew York: A top-level Indian American executive has quit micro-blogging site Twitter to pursue some exciting new projects, the latest in a string of high-profile departures.

The exit of Rishi Garg, Twitter’s head of mergers and acquisitions, comes weeks after Twitter said it is replacing its CEO, Dick Costolo, with co-founder Jack Dorsey as an interim CEO, a media outlet reported.

“After an amazing ride as Twitter’s VP Corporate Development and Strategy, I’m saying farewell today (Saturday),” Garg tweeted.

“I am off to pursue some exciting new projects; more soon! #staytuned,” Garg added.

He joined Twitter in May 2014, from the firm Square, where he was head of corporate development.

Before that, Garg was an entrepreneur with General Catalyst Partners, Google and MTV Networks.

“Our team has built a stronger Twitter with a dozen acquisitions in the last year including @periscopeco,@zipdial,@tellapart, @joinniche,” Garg’s post read.

“It’s been a privilege to bring incredible entrepreneurs into the #flock like @kayvz, @crazyfoo, @valwagoner, @jeffma, @dlach5, @gabor.”

“I can’t wait to witness the company’s next chapter under @jack, a truly gifted leader and human being,” he added.

In latest developments, Twitter said it is looking for a CEO with a “full-time commitment” to run the service.

The board has formed a search committee and hired executive search firm Spencer Stuart, to find outgoing CEO Costolo’s replacement.

The board said it will be looking at candidates both inside and outside of Twitter, and would take the time necessary to find the right person, CNET reported.

With Twitter chairman and co-founder, Dorsey taking the reins as interim CEO on July 1, there is speculation that he could make the job title permanent.(IANS)

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

Apple to shut its last Watch-exclusive store in May

Apple's shipments in the fourth quarter of 2017 grew by more than 32 percent over the fourth quarter of 2016 to eight million

0
//
12
Apple Watch Nike+ smartwatch. Flickr

Apple will shut down its last of the three Apple Watch-exclusive stores — located in Tokyo — it built when it launched the wearable in 2015.

On May 13, the last Apple Watch-exclusive store will close its doors. Twitter user Shotaro Akiba has shared a photo on the microblogging platform showing the department store’s announcement, Engadget reported on Sunday.

vero, instagram
Many apps pulled out of the watchOS. VOA

Apple had shut down the other two stores in London and Paris last year. According to 9to5mac website, the shop held a sale in which it was selling the remaining Apple Watch Edition inventory for as little as $700.

These 18-karat gold watches were sold for at least $10,000 and as much as $17,000 when they first became available, the report said.

Earlier this month, high-profile applications, including Instagram, Amazon, Google Maps and Twitter, pulled out their apps from the WatchOS. Driven by Apple Watch Series 3 shipments, the Cupertino-headquartered giant shipped a record 18 million Watch devices in 2017 — an increase of 54 per cent compared to the previous year.

Also Read: Apple working on gold variant of iPhone X: Report

“The Series 3 was the key growth driver, as total shipments of the latest version of Apple’s Watch were just under nine million, making up nearly half of all shipments in 2017,” Singapore-based market research firm Canalys said.

Apple’s shipments in the fourth quarter of 2017 grew by more than 32 percent over the fourth quarter of 2016 to eight million — the highest-ever number of shipments in a single quarter for any wearable vendor. IANS

Next Story