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Photo by Drew Angerer/Getty Images

Twitter COO Anthony Noto is leaving the company to become CEO of Sofi, the loan tech company announced on Twitter. Twitter's stock was down over 3% Tuesday morning following the news.

Why it matters: It's a big loss for Twitter. Noto turned Twitter's finances around with the recent live video and video ad push, bringing the company closer to profitability than it has ever been since going public four years ago.

Between the lines, per Axios' Dan Primack: Noto is a former high-level Goldman Sachs executive, meaning that the bank is probably now clubhouse leader for SoFi 's upcoming IPO

Twitter CEO and co-founder Jack Dorsey thanked Noto for his years at the company.

A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

Go deeper

27 mins ago - World

U.N. envoy resumes push for cease fire in Gaza

Tor Wennesland. Photo by KHALIL MAZRAAWI/AFP via Getty Images

Tor Wennesland, U.N. Special Coordinator for the Middle East Peace Process , has been holding extensive talks with both Israel and Hamas over the past 24 hours in an effort to restore peace, a diplomatic source tells Axios.

Driving the news: The source said Wennesland spoke on Sunday to Israel’s National Security Adviser Meir Ben-Shabbat and other senior Israeli security officials as well as Hamas officials and Egyptian intelligence officials.

3 hours ago - Health

CDC director says politics didn't play a role in abrupt mask policy shift

Centers for Disease Control and Prevention Director Rochelle Walensky told Fox News Sunday that political pressure had nothing to do with the agency's sudden announcement that fully vaccinated Americans can go without masks in most indoor settings.

Why it matters: Emerging evidence shows vaccinated people are less likely to transmit the virus, as COVID-19 cases and deaths drop. But the responsibility to uphold the abrupt policy change falls to individuals and businesses.

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