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Twitter's Co-Founder Gets $1.40 Salary in Nod to Old Character Limit

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Twitter Inc. co-founder Jack Dorsey received his first salary since returning to the chief executive officer role four years ago: 140 cents. The conspicuously modest sum, disclosed Monday in a regulatory filing, equals the original character limit for tweets on the company’s social network, a restriction the San Francisco-based firm scrapped in 2017 to boost user engagement. Dorsey has for years elected to not receive any salary, bonuses or stock awards from Twitter “as a testament to his commitment to and belief in Twitter’s long-term value creation potential,” the filing said.
The 140-character limit -- a relic of a previous technological era -- was the maximum that could fit in mobile text messages when the service started in 2006, before the mass adoption of smartphones.
 

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I should send the poor man some money to buy himself something to eat...

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What a hypocrisy...

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Poor man ... Deserves every penny ...

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But Jack ain't poor at all...

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Fair enough...😀  I’d do the same with a $5.3 billion net worth..

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So, he doesn't pay personal income tax??

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