Twitter’s Jack Dorsey to step down, report claims

Twitter has not directly responded to the news, which was first reported by CNBC’s David Faber and based on sources with knowledge of the situation.

Twitter’s stock bounced up by over 10% once the news broke, an indicator of Dorsey’s increasingly controversial standing with the public. He has been attacked in the past for Twitter’s handling of “misinformation,” and over which posts and users are policed and flagged more than others.

Conservatives pundits and politicians have pointed to a political bias in Twitter, which Dorsey has denied, while left-wing politicians have also claimed the platform is too loose with its terms of service and has not been quick enough to block “misinformation.”

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