Twitter charts solo path as Salesforce rules out takeover

Twitter and Chief Executive Officer Jack Dorsey may now have to chart an independent course in the face of stagnant user growth, heavy losses and mounting competition from the likes of Facebook's Instagram and Snap Inc's Snapchat. Dorsey is likely to face intense scrutiny over his continued role as CEO of both Twitter and the payment company Square , especially if the company's next quarterly report in late October is as weak as some analysts expect. Twitter grew rapidly for years after it was founded in 2006, and has assumed a unique and influential position in the global media ecosystem.

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