Mar 1, 2020 - Health

Twitter bans "non-critical" business travel, due to coronavirus

Dan Primack

Twitter CEO Jack Dorsey. Photo: David Becker/Getty Images

Twitter on Sunday announced that it will suspend all "non-critical business travel events," including CEO Jack Dorsey's planned keynote interview this month at the South by Southwest conference in Texas, due to coronavirus.

Why it matters: South by Southwest is one of the world's largest annual tech conferences, and so far has resisted calls to cancel.

What Twitter is saying:

This policy is effective immediately and will continue until the World Health Organization or Centers for Disease Control deem it appropriate to step back from pandemic precautionary measures or when a vaccine becomes available. 
Our goal is to reduce the risk that anyone at Twitter might contract or inadvertently spread the virus. It is important that we take these proactive steps to protect ourselves and others and minimize the spread of COVID-19. 

Go deeper: Latest updates on Coronavirus

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Jack Dorsey to remain as Twitter CEO after deal with Elliott Management and Silver Lake

Twitter CEO Jack Dorsey. Photo: David Becker/Getty Images

Twitter announced Monday that it struck a deal with investment firms Silver Lake and Elliott Management that will allow CEO Jack Dorsey to remain in his position.

Between the lines, via Axios' Dan Primack: With the agreement, activist investor Elliott may get what it wants in terms of a higher short-term share price, but it does nothing to satisfy its original complaint about Twitter needing a full-time CEO.

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The parallels between Jack Dorsey and Jack Welch

Photo illustration: Aïda Amer/Axios. Photos: Mike Coppola/Getty Staff, Phillip Faraone/Stringer

Twitter founder Jack Dorsey is, in some strange way, the modern-day version of Jack Welch.

The big picture: Dorsey, the embattled yet sensitive founder and CEO of Twitter and Square, has almost nothing in common with Welch, the corporation man who led General Electric as it became the largest company in America. Yet Dorsey exemplifies today's West Coast leaders just as Welch helped to define the celebrity CEO of the 1980s and '90s.

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