Jack Dorsey, the chief executive of Twitter, at a cryptocurrency conference in Miami on June 4, 2021. Dorsey plans to step down as chief executive of Twitter, the social media site he co-founded in 2006, two people familiar with his thinking said. (Alfonso Duran/The New York Times)

Twitter CEO Jack
Dorsey to step down

The news comes as Twitter has accelerated the pace of its product innovation over the past year to compete with social media rivals