Embattled Twitter CEO Dick Costolo will be leaving the social networking company on July 1, according to an SEC filing the company made public Thursday.
Twitter co-founder and Chairman Jack Dorsey will be taking over as interim CEO while the company looks for a new chief executive. This doesn't appear to be a Steve Jobs-esque return to the company for Dorsey, who will remain CEO of Square, the payments company he co-founded in 2009.
(More to follow.)
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