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| Twitter's Anthony Noto leaves to join SoFi | Twitter's Anthony Noto leaves to join SoFi |
| (about 7 hours later) | |
| Twitter's chief operating officer Anthony Noto has left the social network to join social lender SoFi as chief executive. | Twitter's chief operating officer Anthony Noto has left the social network to join social lender SoFi as chief executive. |
| Mr Noto was responsible for Twitter's business operations and revenue-generation operations. | Mr Noto was responsible for Twitter's business operations and revenue-generation operations. |
| His duties will be taken over by other members of the social network's leadership team. | His duties will be taken over by other members of the social network's leadership team. |
| "Working at Twitter has been a once in a lifetime opportunity," said Mr Noto, saying it was "bittersweet" to leave. | "Working at Twitter has been a once in a lifetime opportunity," said Mr Noto, saying it was "bittersweet" to leave. |
| "I am immensely proud of our team and the key milestones we achieved during my time at the company." | "I am immensely proud of our team and the key milestones we achieved during my time at the company." |
| SoFi said it felt Mr Noto's "deep understanding of technology, consumer, and financial businesses" made him the perfect fit to be its chief executive. | SoFi said it felt Mr Noto's "deep understanding of technology, consumer, and financial businesses" made him the perfect fit to be its chief executive. |
| The social lender has more than 430,000 members and funded $25bn (£18bn) in loans in 2017. | The social lender has more than 430,000 members and funded $25bn (£18bn) in loans in 2017. |
| Shares in Twitter slid by more than 3% on Monday on the news that Mr Noto might be poached by SoFi, and fell a further 2.4% on Tuesday following the announcement. | |
| "I'm really sad to see Anthony Noto leave us, but I'm happy for him and really proud of everything he's accomplished at Twitter," said Twitter's co-founder and chief executive Jack Dorsey. | "I'm really sad to see Anthony Noto leave us, but I'm happy for him and really proud of everything he's accomplished at Twitter," said Twitter's co-founder and chief executive Jack Dorsey. |
| "He's been a friend, partner, and mentor to me for years. He always has my support and gratitude." | "He's been a friend, partner, and mentor to me for years. He always has my support and gratitude." |