Current:Home > ScamsMeet Parag Agrawal, Twitter's new CEO -ApexWealth
Meet Parag Agrawal, Twitter's new CEO
View
Date:2025-04-18 16:41:43
When Jack Dorsey abruptly stepped down as Twitter CEO on Monday, he handed the reins to Parag Agrawal, a software engineer who has become one of Dorsey's closest allies in shaping the social media company's future.
Dorsey's trust in Agrawal as CEO "is bone deep," the outgoing chief told employees in an email on Monday. "He's been my choice for some time given how deeply he understands the company and its needs," Dorsey wrote.
Twitter insiders say Agrawal is a close confidant of Dorsey who shares the co-founder's vision of a future in which Twitter runs on technology that gives users greater control. They're both enthusiasts of cryptocurrencies and the blockchain, which they expect to play key roles in Twitter's future.
Agrawal has been closely involved in related projects at Twitter. He has worked on efforts to let users send tips using bitcoin and other cryptocurrencies, and recently hired the head of a new dedicated crypto team. He also oversees the company's Bluesky project, which aims to build decentralized social networking software on which any number of platforms could run.
Still, some current and former employees told NPR they were surprised Agrawal was tapped for the role, given that his profile inside the company is lower than others in Twitter's executive ranks. He's also little known outside the company, in contrast to Dorsey, whose eccentric health habits (he told Wired Magazine in 2020 that he eats just one meal a day and tries to spend two hours a day meditating), beard length and bitcoin obsession have fueled headlines for years.
The 37-year-old Agrawal is a computer scientist who studied at the Indian Institute of Technology and Stanford University before joining Twitter a decade ago. He worked on advertising products and the company's engineering architecture. In 2017, Dorsey named him chief technology officer.
In his own email to Twitter staff, Agrawal noted that when he joined, the company had fewer than 1,000 employees.
"I've walked in your shoes, I've seen the ups and downs, the challenges and obstacles, the wins and the mistakes," he wrote.
He's worked on machine learning and other technical advances that have enabled Twitter to roll out new features and products more quickly, as it's tried to shake off a reputation for being slow to innovate.
Agrawal has also championed an internal team of researchers investigating whether Twitter's algorithms are fair. Recently that team published research that found its automated photo-cropping system favored white faces, and Twitter announced it was abandoning the software.
"Parag has been behind every critical decision that helped turn this company around," Dorsey wrote.
The handover comes at a critical moment for major social media platforms, including Twitter, Facebook, Instagram and YouTube.
"There's a lot of heat and a lot of friction and politics associated with being these social networks on which so much public conversation plays out," said Margaret O'Mara, a historian of Silicon Valley at the University of Washington.
"Mark Zuckerberg is looking to the metaverse," she said, referring to Facebook's recent pivot to building immersive virtual reality experiences and corporate rebranding as Meta.
"Perhaps Twitter is looking at, 'What is the next-gen social network going to be? Is it going to be more decentralized? Is it going to be more user controlled?'" she asked.
It's up to Agrawal to answer those questions.
veryGood! (5964)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- AP Week in Pictures: Global | Nov. 10 - Nov. 16, 2023
- Review: Death, duty and Diana rule ‘The Crown’ in a bleak Part 1 of its final season
- Former U.S. Defense Secretary Mark Esper says defeating Hamas means dealing with Iran once and for all
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Biden and Mexico’s leader will meet in California. Fentanyl, migrants and Cuba are on the agenda
- How Tom Blyth and Rachel Zegler tell 'Hunger Games' origin tale without Katniss Everdeen
- Why 'The Suite Life' fans are reminding Cole, Dylan Sprouse about a TV dinner reservation
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Biden says U.S.-China military contacts will resume; says he's mildly hopeful about hostages held by Hamas
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- It's official: Oakland Athletics' move to Las Vegas unanimously approved by MLB owners
- Iowa Hawkeyes football star Cooper DeJean out for remainder of 2023 season
- Florida university system sued over effort to disband pro-Palestinian student group
- Travis Hunter, the 2
- Anheuser-Busch exec steps down after Bud Light sales slump following Dylan Mulvaney controversy
- Max Verstappen unimpressed with excess and opulence of Las Vegas Grand Prix
- California scientists seek higher pay in three-day strike drawing thousands of picketers
Recommendation
Meet first time Grammy nominee Charley Crockett
Israeli military says it's carrying out a precise and targeted ground operation in Gaza's Al-Shifa hospital
Which eye drops have been recalled? Full list of impacted products from multiple rounds of recalls.
AP PHOTOS: Mongolia’s herders fight climate change with their own adaptability and new technology
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
In Russia, more Kremlin critics are being imprisoned as intolerance of dissent grows
In Russia, more Kremlin critics are being imprisoned as intolerance of dissent grows
This year, Mama Stamberg's relish shares the table with cranberry chutney