Twitter Announces Change In Leadership As Challenges Continue

Coming under severe criticism in the recent past, Twitter has finally decided to change its top leadership - Dick Costolo will step down from the role of C.E.O and, Jack Dorsey, Co-­Founder and Chairman of the Board, will serve as interim CEO, until the board finds a permanent successor. The last few months have been troublesome for Twitter's investors, since the company's stock has tumbled by 20% after crossing $50 levels in April 2015. This is despite the company's top-line growing by 74% and...