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5/25, 7:51 PM (Source: TeleTrader)
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Jack Dorsey exits Twitter board of directors

Twitter's former Chief Executive, Jack Dorsey, announced on Wednesday he will today be leaving the company's board of directors. The move comes amid takeover negotiations between Dorsey's friend billionaire Elon Musk and Twitter.

According to Axios, Dorsey could bring his 2.4% stake into the takeover agreement. Twitter shareholders have held a meeting today, however, it was revealed earlier that the vote on Musk's deal to buy the platform won't take place today.

The $44 billion deal was temporarily put on hold after Musk urged Twitter to reveal how many fake accounts are currently active on the platform.

Baha Breaking News (BBN) / ND