Jan 23, 2018

Twitter COO Anthony Noto departs for SoFi CEO job

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.

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Updated 34 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2 p.m. ET: 6,800,604 — Total deaths: 396,591 — Total recoveries — 2,785,268Map.
  2. U.S.: Total confirmed cases as of 2 p.m. ET: 1,908,235 — Total deaths: 109,443 — Total recoveries: 491,706 — Total tested: 19,231,444Map.
  3. Public health: Some people are drinking and inhaling cleaning products in attempt to fight coronavirus Fauci: "Very concerned" about spread of virus amid George Floyd protests — Cities offer free testing for protesters.
  4. Tech: The pandemic is accelerating next-generation disease diagnostics — Robotics looks to copy software-as-a-service model as use of robots accelerates.
  5. Business: Sports, film production in California to resume June 12 after 3-month hiatus
  6. Education: Students and teachers flunked remote learning.

George Floyd updates

A protester holds a placard reading "Covid kills People, Racism kills Communities" as they attend a demonstration in Manchester, northern England, on June 6, to show solidarity with the Black Lives Matter movement in the wake of the killing of George Floyd. Photo: Paul Ellis/Contributor.

Thousands are gathering for a day of protests in Washington, D.C., almost two weeks after George Floyd's killing. Protesters in Australia and Europe staged anti-racism demonstrations on Saturday as well.

What's happening: A memorial service for Floyd is taking place in Raeford, North Carolina — near where he was born. Gov. Roy Cooper ordered all flags to fly at half-staff to honor Floyd until sunset. Thousands of demonstrators have gathered in Philadelphia and Chicago.

Buffalo police officers arrested after shoving 75-year-old protester

Photo: Mike Desmond/WBFO via AP

Two Buffalo police officers were charged with assault on Saturday after a video emerged of them shoving a 75-year-old protester while clearing a demonstration in the wake of George Floyd's killing, AP reports, citing prosecutors.

The state of play: Both officers pleaded not guilty to second-degree assault, and were released without bail. After the law enforcement officers were initially suspended without pay on Friday, all 57 officers on the Buffalo Police Department's Emergency Response Team resigned in a show of support for their fellow officers' suspensions.