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  • Why CEO change won't lift Twitter shares Thursday, 11 Jun 2015 | 7:07 PM ET
    Why CEO change won't lift Twitter shares

    While the change in CEO is an "interesting idea", Twitter will need to reveal more about its future strategy, says Robert Pavlik, chief market strategist at Boston Private Wealth.

  • Twitter is changing how users chat privately Thursday, 11 Jun 2015 | 6:33 PM ET

    Twitter announced that it is removing the 140-character limit from Direct Messages set to launch in July.

  • After CEO exit, Twitter says no strategy change Thursday, 11 Jun 2015 | 6:26 PM ET
    Jack Dorsey and Dick Costolo

    The embattled chief executive will be replaced by Chairman Jack Dorsey on an interim basis.

  • Cramer: The right time to buy Twitter Thursday, 11 Jun 2015 | 6:21 PM ET
    Twitter

    Jim Cramer discusses the departure of Twitter's CEO Dick Costolo. With all of the positive signs he sees in the market now, could it be time to buy?

  • Your first trade for Friday, June 12 Thursday, 11 Jun 2015 | 6:18 PM ET

    The "Fast Money" traders give their final trades of the day.

  • Buy Twitter? Wait a little more: Strategist Thursday, 11 Jun 2015 | 6:08 PM ET
    Buy Twitter? Wait a little more: Strategist

    Bob Doll, chief equity strategist and senior portfolio manager at Nuveen Asset Management, expects more uncertainty during this transition period hence he is staying on the sidelines for now.

  • SAN FRANCISCO, June 11- Twitter Inc Chief Executive Officer Dick Costolo abruptly announced he was stepping down on Thursday amid increasing scrutiny of the company's slow user growth and inability to attract advertisers at the same rate as its competitors. The company's shares jumped 7.7 percent to $38.60 following the news before paring gains to trade at...

  • After-hours buzz: Twitter, Bojangles, ExOne & more Thursday, 11 Jun 2015 | 5:50 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Thursday: Twitter, Bojangles, ExOne & more.

  • Dorsey: Costolo's exit not performance related Thursday, 11 Jun 2015 | 5:38 PM ET
    Dorsey: Costolo's exit not performance related

    Outgoing Twitter CEO Dick Costolo and interim CEO Jack Dorsey spoke about the succession in a conference call, reports CNBC's Josh Lipton and Robert Peck, Suntrust Robinson Humphrey.

  • Twitter takeout target? Thursday, 11 Jun 2015 | 5:28 PM ET
    Twitter takeout target?

    Dan Niles, Alphaone Capital, discusses Twitter CEO Dick Costolo's plans to step down from the role.

  • Costolo: Never perfect time for CEO transition Thursday, 11 Jun 2015 | 5:19 PM ET
    Twitter CEO Dick Costolo gives an interview on the trading floor of the New York Stock Exchange, Nov. 7, 2013.

    Outgoing Twitter CEO Dick Costolo speaks about the succession in a conference call.

  • Who's right to fill Costolo's shoes? Thursday, 11 Jun 2015 | 5:10 PM ET
    Who's right to fill Costolo's shoes?

    Back in December, Robert Peck, Suntrust Robinson Humphrey managing director, said there was a good chance Twitter's Dick Costolo leaves in 2015. Peck and the FM traders discuss a possible replacement CEO.

  • Jack Dorsey tweets about Costolo's departure Thursday, 11 Jun 2015 | 5:08 PM ET
    Jack Dorsey tweets about Costolo's departure

    CNBC's Dominic Chu reports on the favorable tweet sent out by Jack Dorsey. The FM traders discuss who may be a good CEO for Twitter.

  • Twitter CEO out; Dorsey steps in as interim Thursday, 11 Jun 2015 | 5:00 PM ET
    Twitter CEO out; Dorsey steps in as interim

    CNBC's David Faber and the FM traders discuss Dick Costolo's decision to step down as the CEO of Twitter.

  • Employees flood Twitter with tweets for @dickc Thursday, 11 Jun 2015 | 4:55 PM ET
    Twitter CEO Dick Costolo at the 2014 International CES on Jan. 8, 2014, in Las Vegas.

    Twitter employees have flooded the social network with messages directed toward CEO Dick Costolo

  • No severence for Costolo Thursday, 11 Jun 2015 | 4:49 PM ET
    No severence for Costolo

    No severance pay is owed in a voluntary departure, reports CNBC's Mary Thompson. Herb Greenberg discusses Twitter CEO Dick Costolo's plans to step down from the role.

  • RPT-UPDATE 2-Twitter's Dick Costolo to step down as CEO Thursday, 11 Jun 2015 | 4:48 PM ET

    June 11- Twitter Inc CEO Dick Costolo is stepping down, under pressure from investors frustrated by the Internet company's slow growth and seemingly constant shake-ups in its upper ranks. Costolo will be replaced by co-founder Jack Dorsey on an interim basis. Dorsey, who will continue to serve as CEO of Square Inc, had served as Twitter's president and CEO from...

  • Time for tech giant to take over Twitter? Thursday, 11 Jun 2015 | 4:40 PM ET
    Time for tech giant to take over Twitter?

    CNBC's Julia Boorstin; "Shark Tank" investor Kevin O'Leary; and Mark Mahaney, RBC Capital Markets, discuss Dick Costolo's decision to leave the CEO role July 1st.

  • Cramer: Costolo over his head Thursday, 11 Jun 2015 | 4:31 PM ET
    Cramer: Costolo over his head

    Twitter CEO Dick Costolo is set to depart the role on July 1st. Chairman Jack Dorsey will be the interim CEO. Mad Money's Jim Cramer offers his take.

  • UPDATE 1-Twitter's Dick Costolo to step down as CEO Thursday, 11 Jun 2015 | 4:25 PM ET

    June 11- Twitter Inc said Dick Costolo is stepping down as chief executive and will be replaced by co-founder Jack Dorsey on an interim basis. Costolo, who will step down on July 1, will continue to serve on the board, the company said in a regulatory filing. Dorsey, who will continue to serve as CEO of Square Inc, has served as Twitter's president and CEO from May 2007 to...