Twitter reappoints co-founder Jack Dorsey as CEO
Twitter will make its interim chief executive and founder of the company, Jack Dorsey, CEO, after a protracted search.
Dorsey replaces Dick Costolo, who resigned in June. He faces particular challenges, not only in making Twitter more palatable to the mainstream, but because he is also CEO of payment company Square.
Dorsey confirmed he would lead both companies. Square is thought to be moving towards an IPO.
We are naming @adambain COO of Twitter, we're working to change the composition of our Board, and I will serve as CEO of Twitter and Square!— Jack (@jack) October 5, 2015
SABMiller sees beer sales rise ahead of AB InBev takeover deadline
SABMiller posted a 6% revenue rise for the third quarter, underscoring its value as a global brewery ahead of a possible AB InBev takeover.
Latin America and African markets were responsible for growth, though this was "materially" offset by foreign exchange movements.
AB InBev has a week to go until it must make a formal bid or a leave a deal, under UK law.
Facebook uses satellites to beam internet to Africa
Facebook has partnered with French telco Eutelstat to deliver internet coverage to 14 African markets next year.
CEO Mark Zuckerberg revealed on his own Facebook page that a satellite called Amos-6 would orbit over the continent, providing coverage to sub-Saharan Africa.
The efforts are part of Facebook’s charity, Internet.org, which aims to give connectivity to the developing world.
Source: Wall Street Journal
In case you missed it...two longer reads
Marketing, in partnership with Sky Media, is proud to unveil the inaugural shortlist for the New Thinking Awards, composed of the leading brands and agencies that have shown they are pioneering change.
Cadbury's "gorilla" has been named the public's favourite ad of all time, while marketers' top ad is Guinness's "surfer', according to polls run by Marketing celebrating the 60th anniversary of the TV ad break.
If you watch one video today...
Rather than a video, this week we're pointing you towards our new podcast. Listen to the first episode below and find out more here.
You can also watch Marketing's interview with McDonald's CMO Alistair Macrow
He lifts the lid on the fast food giant's most significant campaign focused on quality and provenance.