Republican mega-donor buys stake in Twitter and seeks to oust Jack Dorsey

https://www.theguardian.com/technology/2020/feb/29/paul-singer-elliott-management-twitter-jack-dorsey

Martin Pengelly
Sat 29 Feb 2020 10.13 EST

A major Republican donor has purchased a stake in Twitter and is reportedly seeking to oust its chief executive, Jack Dorsey.

Bloomberg News first reported that Elliott Management has taken a “sizable stake” and “and plans to push for changes at the social media company, including replacing Dorsey”.

Paul Singer, the billionaire founder of Elliott Management, is a Republican mega-donor who opposed Donald Trump during the real-estate magnate’s run for the presidential nomination but has since come onside.

•••••