Twitter CEO Stepping Down, DM’s Getting Longer As Of July 1

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There was a couple of changes in the world of Twitter today as in separate announcements it’s been reported that Twitter CEO Dick Costolo will be stepping down, and Direct Messages (DMs) will no longer have a 140 character limit.  Both changes should take place starting July 1st.

Costolo will be replaced as CEO by original Twitter founder Jack Dorsey, who will continue with his duties as CEO of Square while serving as interim CEO of Twitter. Twitter’s board will begin their search for a permanent replacement for Costolo as CEO. Costolo won’t go far, as he will remain on Twitter’s Board of Directors. In their filing with the SEC, they said:

On June 11, 2015, Twitter, Inc. (“Twitter”) announced that Richard Costolo has decided to step down as Chief Executive Officer of Twitter, effective July 1, 2015. Twitter’s Board of Directors has named Jack Dorsey, Co-Founder and Chairman of the Board, to serve as Interim Chief Executive Officer while the Board conducts a search for Twitter’s next CEO. Mr. Costolo will continue to serve on Twitter’s Board of Directors, and Mr. Dorsey will continue to serve as CEO of Square, Inc., the payments and financial services company he co-founded in 2009.

In news more applicable to the standard Twitter user, it’s also been reported that starting in July, the 140 character limit will be removed on DMs. Don’t get excited, thinking that you’ll be tweeting out novels, this will apply to DMs only. This change was reported through Twitter’s Developer community forum, and provided the necessary steps for developers to keep DMs working properly once the change has been made.

Which piece of news is more interesting for you, the average Twitter user? Let us know in the comments, or maybe even on Twitter! Just make sure you don’t try to send us a long Direct Message yet, it won’t be live for a few more weeks.

  Source: Business Insider  Source: Twitter Community Forum

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