Monday 2 March 2015

Twitter Inc. Head Of Development And Platform Resigns

According to reports, Twitters Inc.  Development & platform relations head Mr. Jeff Sandquist has decided to quit the company later this week. After serving the company for almost one and half year, he tweeted, "Thank you Twitter for an astonishing 18 months. The team we have built the product we have shipped. An absolute honor to be a part of an amazing company.”
Twitter’s official spokesperson declined to comment on the matter. However, unofficial reports by the employees closed to the matter confirmed before Mr. Sandquist tweet. He has previously worked as a developer at Microsoft prior to his joining in Twitter, where he was employed to make the micro blogging website more supple for developers and users. He also had an important role in Fabric Project.
During October 2014, the fabric was exposed to deliver mobile developers a platform which in return allows the making of apps by third parties available on Twitter. This also includes companies such as Crashlytics, which supports developers to correct and examine their applications, and MoHub which provide assistance to developers about opportunities of advertisements on their apps. Fabric was started to satisfy the users and also to start a productive relationship between developers and Twitter.
According to co-workers, during the last 18 months of Mr. Sandquist, he has been outrageous in his efforts. Though, bearing in mind his time spent on Microsoft he was still free after a slight “vacation period”. As everyone knows it is a common practice in the company. Apart from the regular hobbling at a lesser pay grade, officials at key posts like Chief operating office, chief financial officer , product head , media relations have already left Twitter last year.
Chief Operating Officer of Twitter Inc. Ali Rowghani resignation added more problems last year in monetizing revenues, left the company shares in a declining path as average monthly user growth decreased dramatically. Mr. Rowghani was also denoted as the co –CEO by majority of employees. His resignation raised questions in investors mind about the ability of the company to appeal more users and company’s future seemed unstable in terms of statistics. Other than Mr. Rowghani Twitter’s CFO and product head also left in 2014.However, Twitter was able to surpass the prediction s regarding its fourth quarter this month. During the whole year company shares grew by more than 35%.
Twitter stock was trading previously at $48.08 before the market close on Friday 27th February.

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