Jack is back!

Today Twitter announced that Dick Costolo is stepping down as CEO. Twitter Co-Founder Jack Dorsey, is said to be the interim CEO. He was pushed out of the role in 2008. Dorsey is also the CEO for square another company he Co-Founded.

“The future belongs to Twitter thanks in large part to Dick Costolo’s dedication and vision,” Dorsey said in a statement.

Here is a photo Paul Stamatiou tweeted of a standing ovation for Cistolo. Read More about it at Mashable.

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