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Photo: Victor Boyko/Getty Images for Chrome Hearts

Twitter CEO Jack Dorsey said at a Morgan Stanley conference in San Francisco Thursday that he was re-evaluating his plan to spend several months in Africa this year.

Between the lines: Dorsey specifically blamed the ongoing coronavirus outbreak, though his decision also comes as Twitter struggles with tough content and business issues and as an activist investor, Elliott Management, is seeking his ouster.

Of note: Bloomberg reporter Kurt Wagner noted that despite being interviewed on stage for 40 minutes, Dorsey was not asked a direct question about Elliott's move to have him replaced as CEO.

  • Still, many of Dorsey's comments seemed aimed at addressing criticisms lobbed by Elliott and others.

What he said:

  • On misinformation: "Misleading information is an entirely new vector. And the challenge here is that the technology to create misleading information content is moving much faster than the technology to detect it."
  • On boosting revenue: "We've been talking about rebuilding our core ad server. We made a ton of progress in 2019 and starting in this year. And we should be complete with the work to rebuild the ad server by the first half of this year."
  • On Twitter's ability to innovate: "We get a lot of critique about how the pace of development at Twitter is slow. And I think the expectation is that more changes on the surface. But the most impactful changes are the things that happen under the surface."

The bottom line: Dorsey may not have addressed Elliott by name, but he was speaking to its attack on his leadership.

Go deeper

2 hours ago - Health

Pfizer says COVID vaccine over 90% effective in kids

A health care worker preparing a Pfizer-BioNTech coronavirus vaccine dose in New York City on Oct. 21. Photo: Michael M. Santiago/Getty Images

Pfizer and BioNTech said their COVID-19 vaccine was more than 90% effective at protecting children between the ages of 5 and 11 from symptomatic infections from the virus, according to a study posted online by the Food and Drug Administration Friday.

Why it matters: Pfizer is seeking an emergency use authorization to vaccinate children — one of the last groups of Americans still largely ineligible to receive a coronavirus vaccine.

Changing the inflation conversation

Illustration: Annelise Capossela/Axios

Inflation looks like it’ll run hot for longer than plenty of smart people thought it would. The conversation over just how much more Americans will have to pay for their stuff has taken on a new intensity, as supply problems show few signs of fading.

Why it matters: The rate of price growth has remained consistently strong in recent months — a time that some thought would bring cooling prices after an initial reopening spike. What goes on with prices will influence the decisions made by Congress, the Biden Administration, and the Federal Reserve.

The biggest headline from Biden's town hall

President Biden greets attendees during a commercial break in Baltimore last night. Photo: Nicholas Kamm/AFP via Getty Images

What matters from President Biden's town hall with CNN's Anderson Cooper at Baltimore Center Stage on Thursday:

The biggest headline: Biden is jettisoning the corporate tax increases that White House officials have insisted, for the past 10 months, are wildly popular across the country. He admitted he doesn't have the votes.