On March 1 message, elliott Management of fund of famous and radical investment just bought the Twitter share of 1 billion dollar a few days ago, at present this fund already hold Twitter a large sum of share, this changes those who conduce to Elliott Management driving Twitter.
Come from the message of Peng rich company, elliott Management had nominated at present the board of directors that 4 trustee enter Twitter, future still will continue to increase the quota of people that enters a board of directors. According to Elliott divulge, they drive what Twitter changes to wish scene include to change its currently hold the post ofCEO Jackie Duoxi.
Elliott Management is well-known radical investment fund, add Twitter to did not use classificationed equity structure, accordingly Jackie Duoxi does not have absolute voting power to Twitter, and the target that in recent years Twitter is radical investment fund all the time.
All the time since, twitter is dedicated serve at core, compare with Snap and Instagram photograph, latter is developing photograph filter lens and other content form, attract an user, the innovation rate that this caused Twitter is very slow. Since since CEO was being held the position of on the west more 2015, the share price of Twitter dropped 6.2 ％ , and the Facebook share price below Zakebaige's leader rose of 120 ％ .
