Twitter CEO takes zero salary in 2017
San Francisco, April 12: Twitter CEO and co-founder Jack Dorsey in 2017 declined for the third straight year any salary. He did not take a single penny for running the micro-blogging platform.
"As a testament to his commitment to and belief in Twitter's long-term value creation potential, our CEO, Jack Dorsey, declined all compensation for 2017," said a proxy statement that Twitter filed with the US Security and Exchange Commission (SEC).
Dorsey, however, has shares whose value went up 20 per cent since the beginning of 2018.
"As of April 2, Dorsey owned 18 million shares of Twitter, currently worth $529 million. His holdings represent 2.39 per cent of all outstanding shares," said a report in Variety on Thursday.
According to the filing, Twitter CFO Ned Segal had a total compensation package worth $14.3 million for 2017.
Twitter has 330 million monthly active users globally. The company is currently undergoing major overhauling steps under Dorsey to revive the company's fortune.
In 2016, Dorsey received personal and residential security costs totalling $68,506.
Dorsey, also the CEO of payments company Square, owns 65.5 million shares in the company which currently is worth $3.1 billion.
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UN: India calls on international community to act together against ISIS, Al Qaeda
United Nations (PTI): India has called on the international community to act together against ISIS and Al Qaeda and their proxies, underlining that terrorism is an “existential threat” to international peace and security.
“Terrorism is an existential threat to international peace and security. It knows no borders, nationality, or race, and is a challenge that the international community must combat collectively,” First Secretary in the Permanent Mission of India to the UN Raghoo Puri said on Wednesday.
In remarks to the United Nations Office of Counter-Terrorism (UNOCT) annual ambassadorial level briefing to Member States, Puri recalled the April 2025 terror attack in Jammu and Kashmir’s Pahalgam, carried out by The Resistance Front, a proxy of Pakistan-based Lashkar-e-Taiba, a UN listed terror organisation. The terror attack led to the loss of lives of 26 tourists.
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“We must act together against ISIS and Al Qaeda and their proxies,” he said, adding that as a country which itself has been a victim of cross-border terrorism for the past nearly three decades, “India is acutely aware of the socio-economic and human cost of terrorism, especially for its victims.”
India added its voice in stressing on the importance of the Global Counter Terrorism Strategy (GCTS) as a central instrument for multilateral cooperation.
Puri said India will remain steadfast and engaged in the consultations for the 9th review of the GCTS, assuring full cooperation to co-facilitators Finland and Morocco during negotiations in the process.
Puri also highlighted that as Chair of the Counter Terrorism Committee in 2022, India has striven to bring these principles into the counter-terrorism architecture of the UN and into the debate on terrorism at the United Nations.
“Our follow up initiatives both in New York and around the world stand testimony to our commitment,” including the ‘Delhi Declaration’ - a landmark document to deal with the issue of countering the use of new and emerging technologies for terrorist purposes, an issue Puri said is of acute importance for several Member States.
In October 2022, the Security Council Counter-Terrorism Committee (CTC), chaired by India that year, had organised a special meeting in New Delhi and Mumbai on the overarching theme of ‘Countering the use of new and emerging technologies for terrorist purposes’.
As an outcome of the special meeting, the committee had adopted the ‘Delhi Declaration’ on countering the use of new and emerging technologies for terrorist purposes.
India continues to work closely with the UN via its various entities to build capacity and make its partners future ready to take on the ever-evolving scourge of terrorism, he said.
