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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

White House expected to name Rick Spinrad as NOAA leader

In this NOAA GOES-East satellite handout image, Hurricane Dorian, a Cat. 4 storm, moves slowly past Grand Bahama Island on September 2, 2019. (Photo by NOAA via Getty Images)

The White House is slated to name Rick Spinrad, an oceanographer at Oregon State University, to head the National Oceanic and Atmospheric Administration (NOAA), according to two sources familiar with the matter.

Why it matters: Filling the NOAA slot would complete the Biden administration's leadership on the climate and environment team. The agency, located within the Commerce Department, houses the National Weather Service and conducts much of the nation's climate science research.

1 hour ago - World

Israeli officials will object to restoration of Iran deal in D.C. visit

Photo: Anadolu Agency / Getty Images

Israeli Prime Minister Benjamin Netanyahu has instructed the delegation traveling to Washington, D.C. next week for strategic talks on Iran to stress their objection to a U.S. return to the 2015 nuclear deal and to refuse to discuss its contents, Israeli officials say.

Why it matters: That position is similar to the one Israel took in the year before the 2015 nuclear deal was announced, which led to a rift between the Israeli government and the Obama administration. History could now repeat itself.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Brendan Lynch/Axios

  1. Health: Coronavirus cases aren't budging — even after vaccinations doubled— Health care workers feel stress, burnout more than a year into the pandemic — Handful of "breakthrough" COVID cases occurred in nursing homes, CDC says.
  2. Vaccines: Johnson & Johnson's vaccine production problems look even bigger — All U.S. adults now eligible for COVID-19 vaccine.
  3. Political: Watchdog says agency infighting increased health and safety risks at start of pandemic.
  4. World: EU regulator: Benefits of J&J vaccine outweigh risk of rare blood clots.
  5. Variant tracker: Where different strains are spreading.

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