The Traderszone Network

Published in TZ Latest News 14 June, 2015 by The TZ Newswire Staff

With CEO shakeup, Twitter under pressure to please advertisers

Twitter Inc’s (TWTR.N) next chief executive officer faces a crucial challenge as the company seeks to appease Wall Street after this week’s management shakeup – helping disaffected advertisers connect with users. Twitter’s outgoing chief executive, Dick Costolo, resigned abruptly Thursday amid pressure from investors to increase the user base and improve what’s known as direct response advertising, the most lucrative type on the microblogging site.

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