Twitter likely to name Dorsey permanent CEO: Re/code


Twitter Inc co-founder and interim Chief Executive Jack Dorsey is expected to be named permanent CEO as early as Thursday, while keeping his job as the head of online payment service Square, technology news website Re/code reported, citing sources. The report was largely welcomed by investors, and Twitter's stock rose briefly by as much as 6.8 percent, before closing 5.3 percent higher at $26.94 on the New York Stock Exchange. "Jack Dorsey would be the right guy (for the job) if he were not running Square," said FBN Securities analyst Shebly Seyrafi.

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